NIFTY FUTURES TRADING IDEAS OF 8TH OCTOBER 2010

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND GIVEN A PROFIT OF 15 POINTS AS PER STOP PROFIT FORMULA IN 1ST ROUND

AND A PROFIT OF 20 POINTS IN 2ND ROUND BY REACHING 1ST TARGET AND A PROFIT OF 30 POINTS IN 3RD ROUND BY REACHING ALL TARGETS IN LONGS

AND LATER INITIATED POWER SHORT FOR A PROFIT OF 45 POINTS WITH A DAY LOW CALCULATION, BUT NOT REACHED 2ND TARGET, SO, WE ARE TAKING

THIS TRADE AS 1ST TARGET CALCULATION FOR A PROFIT OF 30 POINTS IN SHORT  , SO , FOR THE DAY IT IS 80 POINTS ( 20 + 30 + 50 ),NOT CALCULATING

1ST ROUND PROFIT AS IT IS A 15 POINTS 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