NIFTY FUTURES TRADING IDEAS OF 19TH OCTOBER 2010

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND BUY INITIATED AND WE DID LONG OF SMALL QTY AND HITTED SL FOR

A LOSS OF 41 POINTS , BUT WE DID 6100 PUT TRADE IN 2 ROUND AND COVERED THE LOSS OF LONG SL HITTING AND IN 3RD ROUND PUT SL HITTED

AND LONG INITIATED AS PER THE LEVELS AND GIVEN A PROFIT OF 81 POINTS BY REACHING ALL TARGETS AND CLOSED WELL AS PER FRIDAY

PREDICTION OF 6140 , JUST SHORT OF 4 POINTS , MEAN WHILE WE DID SMALL SCALP TRADES TOO IN SHORTING AND AS EXPECTED AND WRITTEN

IN WEEKLY POST REVERSAL HAPPENED , BUT FOR PSG CLIENTS THIS LEVEL OF 6140 ON MONDAY TOLD ON FRIDAY ITSELF IN MARKET HOURS

 

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