NIFTY FUTURES TRADING IDEAS OF 16TH SEPTEMBER 2010

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND GIVEN A PROFIT OF 13 POINTS IN SHORTING , BUT AS WE BOOKED

50% ONLY , IT HITTED SL OF 25 POINTS LATER FOR LOSS TRADE AND POWER BUY GIVEN A PROFIT OF 15 POINTS , BUT LATER IT HITTED SL

AGAIN FOR A LOSS OF 25 POINTS AND IN 3RD ROUND IT AGAIN HITTED SL FOR SHORT FOR A LOSS OF 25 POINTS , AFTER THAT WE STOPPED

TRADE BECAUSE OF DISCIPLINE AS 3 TRADES HITTED STOP LOSS ALTHOUGH GIVEN A PARTIAL PROFITS OF 30 POINTS IN BOTH LONG N SHORT

SO, FOR THE DAY IT IS A LOSS OF 75 - 28 = 47 POINTS LOSS DAY

What happened on Today  {LEFT }and what will happen for Tomorrow {RIGHT} ,click on charts to know more

 

FOR TREND CHANGING TIMINGS WILL UPDATE THROUGH YAHOO MESSENGER  IN LIVE MARKETS
Regards,

rajesh.saladi