NIFTY TRADING SYSTEM

NIFTY Futures Opened today with a big gap down of approx 60 points @ 5200 in expection with the negative sentiment from the US and Asian markets. It slowly drifted to test the support at 5160 mark making an intraday low of 5162 . Nifty Futures found good support at this level and quickly zoomed toward the intraday high of 5226 and finally closing the session at 5204.

Nifty Futures could not cross the 5250 mark on the upside today due to the heavy negative sentiment from US market and tomorrows watch on credit policy. The immediate resistance level to watch for is 5250 and thereafter at 5300 - 5320 mark. On the down side Nifty Futures may find support @ 5150 area , a break of which may see Nifty go down to 5100 – 5120 zone.

Our View on Nifty Futures is Bearish. Closing below the 5250 mark with good volume is bearish and not good for the market. Only a close above the 5320 area will negate the bearish sentiment. The immediate levels to watch for is 5150 on the down side and 5300 on the upside.

We are Proud to annouce a new product for Professional and Novice Intraday Traders. This is in a form of Trading Newsletter comprising of 42 Volatile Scrips including Nifty and Bank Nifty.The same of the same can be viewed at the following link:

http://www.aaksharstock.com/intraday-newsletter.html#stock-market-tips

There is also good news for Commodity Traders. We have Added three new Commodity Trading Systems. They are Gold Trading System, Silver Trading system, Crude Trading System. All the Trade by Trade Results along with the Performance of Commodity Systems can be view from our website: www.aaksharstock.com

For a Reliable, Trustworthy ,Transparent and Accurate Trading Systems,visit www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 25 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com