Tuesday, 17 January 2012

NIFTY ,ICICI BANK ,TATA STEEL FUTURE INTRADAY PIVOTS FOR 18/01/2012


NIFTY FUTURE
4901a,4934b,4948c,4977d,5006e,5024f,5053g.

ICICI BANK FUTURE
770a,777.20b,781.60c,789d,791.25e,795.80f,800.20g,807h.

TATA STEEL FUTURE
427a,431.60b,436.25c,442d,447.45e,451f,456.65g.

The rule is simple
1.BUY above our PIVOT price targets of  a,b,c,d,e,f,g,h,I,j,k,l,m,n,o. with respective stoploss or SAR.
2.SELL below our  PIVOT price targets of o,n,m,l,k,j,I,h,g,f,e,d,c,b,a with respective stop loss or SAR. 
3.  Always protect your profit with the help of a'TRAILING STOP'.That is when the price is moving in your favour keep changing-keep increasing/decreasing your stop-loss levels so that you protect your profit and do not get out of your favouring position prematurely.You do not take early exit and stay with the trend almost till the end.

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