Monday, 25 June 2012

Nifty Future Intraday levels for 26/06/2012

No trade between 5127 and 5092 (to avoid whipsaws)

Buy above 5127 with SL of 5107
Sell below 5092 with SL of 5112

Note-Dear Vardaraj,i am answering to all your questions on my blogspot becoz this is a answer for all who have doubts???.
                 Always trade with very strict Stoploss .Trade with levels,learn the rules of the game.Dont be sentiment about market.Trade mechanically.Never think today Market is very strong and will not fall.Today is the best example of this.Operators always play with sentiments.They make look like Market is strong today and if u enter without Stoploss,they will bring it down very fiercly.If u dont trade with strict Stoploss all that u have earned in 1 week will wipe off in 1 day.Whenever u get 20 points profit in Nifty,trial your SL to 20 points profit or book 20 points profit,never turn a winner to a loser.By following these simple steps,today u would have made more than 60 points.As per todays level we got 2 buy signals,and 1 sell signal.
Buy above 5169 made high of 5202.90,after making high of 5203,it came down till 5164 and if it again goes above 5169 then simply buy,it went up till 5189(again 20 points profit).
Sell below 5133 went down till 5098.
What else u want???.If your target is only 20 points in Nifty Future everyday,as soon as u get 20 points shut down your system and go away,dont sit in front of the terminal,becoz u will be tempted to trade.

                     My main target everyday for Nifty is 20 points.If i get a chance for 2nd trade and stoploss is within 20 points i trade,or else i just shutdown my system. 
                           If u dont know rules of the game then dont trade in Futures or else u will lose your FUTURE.


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