NIFTY FUTURES TRADING IDEAS OF 7TH OCTOBER 2010

NIFTY FUTURES OPENED ABOVE 2ND RESISTANCE BECAUSE OF GAP UP OPENING AND MOVED TOWARDS 1ST TARGET IN OPENING ITSELF

BUT NOT GIVEN CHANCE TO ENTER LONG TRADE AND WAITED FOR LONG ENTRY NEAR TO 2ND RESISTANCE AND GIVEN A PROFIT OF

15 POINTS PROFIT IN ONE ROUND BUT NOT ACHIEVED ANY SPECIFIC TARGET AND HITTED STOP LOSS FOR A LOSS OF 15 POINTS AND

SHORT EXECUTED AND HITTED SL AGAIN FOR A LOSS OF 15 POINTS , TODAY IS A REVERSAL DAY AS TOLD IN WEEKLY POST AND BECAUSE

OF THIS VOLATALITY HAPPENED AND HITTED SL IN BOTH TRADES FOR A LOSS OF 30 POINTS 

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