Nifty FUT Trade Setup For 21 February 2013

Nifty Future

(Updated on 21-02-2013 at 07.40 AM)

Yesterday mentioned that above 5962

Nifty fut would move up to 5973.

Nifty fut made high at 5974.40 and closed at 5963.85.

Support at 5954-5948 for intraday.

Break below 5947 may take NF up to 5934-5928.

If sustains below 5925 for 20 minutes

then more panic sell off not ruled out

which may take up to 5895-5988.

5975-5989 is strong hurdle.

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Nifty Fut made reversal as projected on 15-02-13

Nifty fut is facing hurdle at 5970-5977

as written in our post. If overcomes this zone

and sustains for 15 minutes then only

may rally up to 5994-6009.

Nifty fut made reversal as projected.

Recommended subscriber to intiate long

position at 5870 for Target at 5960-5970.

Also recommended Tata Global at 139, BPCL AT 374-376

for Target = 384-388. JP Asso at 71.50-71.80

for target of 75, ICICI Bank at 1120-1122

for Target of 1137-1144.

This is not Miracle but power of Trend following strategy

based on Technical expertise.

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Nifty FUT Trade Setup For 20 February 2013

nifty-futures

Nifty Future

(Updated on 20-02-2013 at 07.40 AM)

Just see the accuracy of levels written here.

yesterday, written that market would take

support at 5889 and would move higher

up to 5941-5960 above 5919.

Nifty fut made low at 5888 and took U turn

and moved higher at 5961 and closed at 5953.40.

Now for Today…

Support at 5936-5925 for intraday.

Crossover above 5962 may rally up to

5973-5981 Hurdle at 5977-5989.

If trades above 5990 with vol then may

rally up to 6009-6026.

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Nifty FUT Trade Setup For 19 February 2013

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THOUGHT FOR TODAY 
Spectacles of Specialities
Constantly wear the spectacles of seeing each one’s specialities, and you will become a special soul.

Nifty Future

(Updated on 19-02-2013 at 07.50 AM)

Yesterday, written that Nifty fut would

take support at 5880 and move up to 5928.

Nifty fut made low at 5884 and moved

higher up to 5921.25.

Now for Today…

Support at 5895-5889 for intraday.

Hurdle at 5913-5919.

Crossover above 5919 may take up to 5928-5941.

Strong hurdle at 5960-5970.

Break below 5886 except slide up to 5867-5858.

Major support at 5838-5818.

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Stock Market Guesstimate: BankNifty Spot, JP Associates, Emami Ltd, LIC Housing finance & Bajaj Holding & Investment

BANK-NIFTY

BankNifty Spot

Support at 12290-12270.

If trades above 12330 for 20 minutes

then expect rally up to 12344-12365.

Crucial support at 12230-12250.

JP- Asso

JP Asso

This counter has started correcting

 from 106.70 high on 12.12.12.

It has completed 161.80 % Retracement

(measuring from low at 84.60.

on 21.11.12 to high at 106.70 on 12.12.12.

69-71 is a good support zone.

Trader can enter long in this region with

price expectation of 76-79 area.

Emami Ltd.

Closing : 622.

On 12th Feb 13 made breakout of 600 region.

Since then consolidated for 3-4 sessions.

Traders can enter long with sl below 613 for

Target at 644-652.

LIC HOUSING FIN

LIC Housing fin.

This counter kissed 300 on 02.01.13

since then witnessed sharp fall.

As per fib ratios 242-240 is good support zone.

( Measuring 261.80 % ret from 290.45 high

on 04.02.13 to 272.45 low on 24.01.13).

During this pullback price may rally up to 250-254.

BAJAJHLDNG

Bajaj Holding & Inv

Support at 954-956.

Sell on break below 950.

Target = 940-934-928.

Exit short above 956.

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Nifty FUT Trade Setup For 18 February 2013

nifty-futures

Nifty Future

(Updated on 18-02-2013 at 07.35 AM)

On Friday written if trades below support

at 5885, see panic up to 5835.

Nifty fut made low at 5858 and bounced off

and closed at 5892.65.

Now for Today……..

Support at 5880-5873 for intraday.

Hurdle at 5904-5912.

Crossover above 5912 with sustained vol

and price expect rally up to 5928-5943.

If trades below 5973 then NF may again dip

lower up to 5858-5838.

Strong hurdle at 5960-5970.

Major support at 5835-5818 zone.

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