NIFTY FUTURES TRADING IDEAS OF 27TH JULY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND WE WENT SHORT FROM THE OPENING ITSELF AS WE ARE EXPECTING HIKE IN RBI CREDIT POLICY AND GOOD PROFITS DONE IN 5700 5600 PUTS, OUR PGS & PSG CLIENTS MINTED MORE THAN 120 POINTS PROFIT TODAY IN SHORTING. BUT AS PER OUR LEVELS IT IS A PROFIT OF 56  POINTS IN POWER  SHORT AS NO SHORT @ 1ST RESISTANCE AND NO LONG @ 1ST SUPPORT INITIATED AS PER LEVELS

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