NIFTY FUTURE SUPP & RES & BREAKOUT & BREAKDOWN

Nifty Future Trading Levels 13 Jan

Buy Above 4826 target 4853-65-91
Sell Below 4847 target 4821-09-4782
No Trade Zone 4826-4847

Just Trade Trend 13 Jan 2012

Above 4870 trade up
Below 4839 trade down
Trading Zone- 4839 to 4870

Just Trade Trend 12 Jan 2012

JT TREND SAR AT 4814.15


REMAIN LONG ABOVE 4814.15 AND SHORT BELOW 4814.
INITIAL STOP IF SHORT TRIGGERED IS PLUGGED AT 4836.50

Nifty Future Trading Levels 12 Jan

Buy Above 4836.50 target 4864, 4882, 4899.
Above 4899 Breakout.


Sell Below 4855 target 4838,4820,4792
Below 4792 Breakdown


Since Buy Above and Sell Below are clashing it is No trade Zone or Trading Zone.
Buy Above 4836.50 and Sell Below 4855

Just Trade Nifty 12 Jan

Above 4865 Nifty will trade sideways till 4900
Only Above 4900 bulls will show strength.
Below 4865 Nifty will trade lower.

Weekly Nifty 10 Jan

The above chart shows that 200 EMA has crossed above 200 SMA. RSI is at 42.5.
The 200 SMA is at 4767 and 200 EMA at 4848. Closing Above 200 SMA and RSI above 45 will give signal of an upmove starting. Closing above 200 EMA will confirm the uptrend and the whipsaw which we have been seeing for the last few days will stop and the UP Trend will start.
Till this happens the trend is down.

Just Trade Trend 10 Jan 2012

Last two days we have seen whipsaw trades. The secret of any system espicially a trend following system is to follow consistently. Today we do not have any carried over position.
 Go Long Above 4751 and Short Below 4706. Stop will be JT Trend for the day at 4728.50