Wednesday, 4 January 2012

NIFTY FUTURE TRADING TIPS FOR 5/1/2012



Nifty  Future        
Long only above 4789 for target 4806 other targets are 4818(T1),4834(T2),4862(T3), keep a stoploss of  15 points.      
And           
Short only below  4732 for target 4714 other targets are 4703(T1),4686T2),4658(T3), keep a stoploss of  15 points.
 

T1,T2 are also possible reversal points.   

UPPER POINT-4791,LOWER POINT-4729.

NOTE-In thes levels as buy above and upper point has a  difference of 2 points,so buy above upper point 4791, and vice versa, sell below and lower point has  a difference of 3 points,so sell below 4729.Place a stoploss of 15 points and as the trade goes in your favour keep trialing stoploss.

No comments:

Post a Comment