SRKNIFTY: NIFTY FUTURES TRADING IDEAS OF 12TH OCTOBER 2010

Monday, October 11, 2010

NIFTY FUTURES OPENED ABOVE 2ND RESISTANCE AND MOVED NEARER TO 1ST TARGET BY MAKING A DAY HIGH OF 6192, BUT NOT INITIATED TRADE

EXACT TO THE LEVELS BECAUSE OF GAP UP OPENING AND LONG INITIATED LATER , BUT HITTED SL FOR A LOSS OF 20 POINTS AND SHORT GIVEN A

PROFIT OF 17 POINTS , BUT NOT ACHIEVED ANY SPECIFIC TARGET BECAUSE OF TODAY REVERSAL DAY IT WENT UP AGAIN , AND CLOSED NEARER

TO SHORTING LEVEL FOR NPNL TRADE , SO, FOR THE DAY IT IS 20 POINTS LOSS DAY IN 1 TRADE

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

SRKNIFTY