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Monday, June 28, 2010

IS NIFTY HEADING TOWARDS 5407 ??

NIFTY WEEKLY STRATERGY : 28 JUNE 2010 >>> 02 JULY 2010


LONG TRADE
SHORT TRADE
BEST BUY LEVEL
BEST SHORT LEVEL
5301.0
5326.0
BUY TARGETS
SHORT TARGETS
T1 = 5407.60
T1 = 5220.0
T2 = 5432.00

T2 = 5194.0





TRADING STRATERGY : WE ADVICE SHORT SELLERS NOT TO LOSE YOUR PATIENCE ..& CUT YOUR SHORT POSITIONS ....AS WE HAVE SHORT @ THE LEVELS 5302.... ABOVE 5408 DOESNT MEAN AS AN  "STOP LOSS"..ITS JUST ANOTHER RESISTANCE ..& DURING THIS KIND OF MARKET SWING 5220 IS INTACT>> SO ONCE WE REACH 5220 TRADERS CAN TAKE A CAUTION CALL & EXIT PARTIAL(60%) NIFTY FUTURE POSITIONS.....& HOLD ON TO NIFTY PUT OPTIONS....A CRACK FROM THAT LEVEL WILL HAMMER NIFTY BELOW 5000 LEVELS...4800/4668
        
ON THE UPSIDE NIFTY MIGHT TEST 5408/5432..

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