NIFTY FUTURES TRADING IDEAS OF 11TH OCTOBER 2010

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND MOVED IN NO TRADING ZONE UPTO MID SESSION AND NOT

INITIATED ANY TRADE ACCORDING TO THE LEVELS , BUT THOSE WHO SHORTED IN THE OPENING NEARER TO 1ST RESISTANCE GOT A PROFIT

OF 53 POINTS , BUT THIS IS NOT A TRADE ACCORDING TO THE LEVELS, ITS A RISKY TRADE , AND IN MID SESSION LONG TRADE INITIATED

BUT NOT ACHIEVED ANY SPECIFIC TARGET BUT HITTED STOP PROFIT OF 15 POINTS AFTER GIVING A PROFIT OF 20 POINTS AND IN LAST HOUR

AGAIN LONG INITIATED FOR A PROFIT OF 24 POINTS AND , SO, FOR THE DAY IT IS 44 POINTS ACCORDING TO THE LEVELS , BY STOP PROFIT

FORMULA IT IS 30 POINTS PROFIT IN TWO TRADES , AND 53 POINTS IN SHORTING IN OPENING, THESE ARE NOT GIVING FOR OUR PERFORMANCE

BUT WE ARE EXPLAINING HOW THE LEVELS ARE WORKING IN A NO TRADING ZONE DAY , FOR THE DAY IT IS 30 POINTS PROFIT DAY IN LONGS

What happened on Friday  {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