TRADING STRATEGY FOR NIFTY FUTURE-10th July

09 July 2009

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Any Rise should be considered as deadcatDEAD CAT BOUNCE only.

*Already Broken neckline of H&S ,It may spurt to kiss that line around 4180-4200 level….But our Mantra is Sell Sell sell only.

Today 3DEMA is at 4111 level ,So first it will have to cross this level with volumes and if crosses then watch Hurdle at 4145–4173 level.

Support exist at 4048 ,Break will take to 4033-4028 level.

Already writing from last 3 days :Two consecutive close or weekly close below 4023 will create Bloodbath in Market.

Updation Time :7:20 PM IST

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6 Responses to “TRADING STRATEGY FOR NIFTY FUTURE-10th July”

  1. Vineet Dubey Says:
    July 9th, 2009 at 10:17 pm

    Sir ,

    Its really very nice to see you back with your formidable hold over NF.
    Thanks for the support you lend to all the traders.

    Regards ,

    Vineet

  2. CHARUHAS Says:
    July 9th, 2009 at 11:08 pm

    I AM A NEW VISITER OF THIS SITE AND FIND IT VERRY VERRY HELPFUL.THANKS FOR UR SUPORT.I WANT TO GET INTRADAY RECOMMENDATION BY YAHOO MESSANGER.PLEASE GIDE ME TO HOW TO GET IT CONNECTED.

    REGARDS
    CHARUHAS

  3. satyaveer singh Says:
    July 10th, 2009 at 9:27 am

    yes , agree with you. most of share show negative like nifty head and shoulders.

  4. Raghu Says:
    July 10th, 2009 at 6:00 pm

    So perfect analysis…

    I am quite mismerised..

    you are truly GENIUS..Hats OFF to you SIR!

  5. leokarur Says:
    July 10th, 2009 at 6:25 pm

    you are great sir……..thank you for your guidance

  6. sundeep.sarda Says:
    July 11th, 2009 at 1:21 pm

    will nifty hit 4150 -4180 mark in coming week and what will be the support if nifty sustains below 3960 -4000 levels ……… what if nifty first hits 3750 will it again climb back 4200-4400 levels this months

    thanks i appreciate ur technicals