TRADING STATEGY OF 16th AUG 10

BULLS LEVEL

 on 12th august written here,,cross 5420 than 5435-5441 & 5466,,last friday hit 5478 & close 5458 now what to expect ?

if crosses 5477 non-stop rally up to 5484-5498 & further up to 5507

if crosses 5507 then non-stop rally  up to 5515-5537

U-TURN LEVEL (weekly) @ 5515

BEARS LEVEL

IF breaks  5435  then non stop slide till 5422-5415 & further up to 5400

IF breaks  5400  then non-stop slide till 5375-5360

U-TURN LEVEL @5375

PFC (332)

Above : 332 - 336 - 340

 short term above 332 tgt 350-355 and thereafter to 365

(our subscribers are long from @330)

PATNI (517)

Above : 522 - 532 - 538

short term above 522 tgt 535 - 550 and thereafter to 570

(our subscribers are long from @480)