Friday, 9 December 2011

Nifty Resistance & Support & Direction for 09 Dec

Trying to keep it very very Simple.
Finding the Resistance and Support by drawing only two trendlines. Lets watch how this strategy unfolds in the coming weeks.

Above 5008 Breakout
Below 4948 Breakdown

Trading Zone - 4950 to 5005

Wednesday, 7 December 2011

Above 5101 target 5120
Below 5090 target 5069
Below 5069 target 5015-5005
Below 5005 target 4970

Support at 5015 and 5005.
Resistance at 5069 and 5094

Tuesday, 6 December 2011

Just Trade Nifty Future 07 Dec

Above 5088 Buy
Below 5070-68 Sell

Just Trade Nifty 07 Dec 2011

Above 5025 target 5044-5050-5069
Cluster support at 5025-5003-4993-4980
Cluster resistacne at 5044-5050
Above 5069 target 5123
Below 4980 target 4914

Trading Zone 5025 to 5069
Breakout Above 5069
Breakdown Below 4980

Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT