Wednesday, March 23, 2011

Dhanvarsha crucial Nifty Futures Levels and market prediction with trading technique


Try to find out market trend / direction before entering your trade order …

<<<<5362>>><<<<5399>>><<<5423>><<<5444>>><<<5464>>><<<5485>>><<<5520>>>      

 Flat to negative opening expected  due to weak global and Asian cues….possibility of range bound trades/ stock specific movement will be observed …volatility will be high due to confusion in traders views …few are bullish and taking market towards 5600  and few are looking towards 5200, so it is obvious that tug of war in bulls and bears will increase volatility ….better way to trade is just ride on waves…
yesterday FIIs bought index futures of more than 1600 Cr so they will definitely join the bulls party …heavy  buildup in puts below 5400 indicating that writers are quite confident for holding the market above 5350  5400 and calls above 5500 indicating that enough supply is there ...
expected nifty futures range for today is 5380 to 5450..  

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