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Tuesday, April 9, 2013

NIFTY FUTURE - - Crucial Support at 5520.Hurdle at 3 & 7 DEMA - - APRIL 9TH

Last Close :5559 
Do U Know ?Yesterday’s volume was lowest of last 33 days !!
5555-5520
-Yes Support for Traders !!
Today ,Suppose not breaks low of 5550  & Trades above 5564 level  with volumes and stays above for 15-20 minutes will take to 
5606–5620 level.
3DEMA @ 5585 ,7DEMA @ 5631 will act major Hurdle.
Any Rally for 1-3-5 DAYS ,Sell on Rise ….No if and But.
3 KEYES
Three Possibilities : 
1)Below 5695 level ,Our Target intact :5440——————–5355 level very soon !!
2)Already Broken Head & Shoulder Neckline @ 5690-5700 level.
-Height of Head : 400 points 
-5700 -400 :5300 level.
3)Qtly Chart indicates ,Below 5800 level it will favour Bears only.Target :5480-5425 & there after Nonstop slide upto 5284-5231 is possible.
Qtly Chart levels valid till June ’2013
Now ,Just u have to remember these three points only.Nothing else.
Forget 200 DMA ,Forget Economy ,Forget Fundamentals ,Forget policies -Just watch FIIs activities +USD Movement !!
-Again Result season to start ,Again Insider Trading +Result leak …..
Golmaal to start soon.
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