Nifty futures closed very smartly on Friday @ 4731.
It gave a very strong close for the week.But still it has to comfortably close above 4755 with good volumes to sustain the move and head past 5000 levels.On the daily and weekly charts, there is stong triangle resistance @ 4755 levels.
Our view on nifty is Bullish expecting a breakout of the triangle on the higher side above 4755. We are expecting much higher prices next week on a break above 4755.Downside 4350 level is rocksolid support for nifty.Only a decisive break below that level will end the upmove and lead the nifty to 4000 levels.
Shown above is the performance chart of our Nifty Trading system for the last 18 months.We have performed consistently through out the market conditions ie upside aswell as downside.
Our system is not Intraday as we believe that NO ONE MAKES MONEY ON A CONSISTENT BASIS IN INTRADAY TRADING.We have a positional based system, trading only 6 to 8 times in a month ( depends on market conditions).Our trade by trade performance can be viewed at the link : www.aaksharstock.com/performance.html
We also provide a Free trial of our trading systems from 1st - 10th of every month for the new client to get the feel of our trading system and also for them to notice that all the trades mentioned in the performance are genuine and true.They too can achieve such high results by joining us.
Please do not hesitate to contact us on any query at info@aaksharstock.com
Saturday, August 29, 2009
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