NIFTY FUTURES TRADING IDEAS OF 28TH JANUARY 2011

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT NOT EXECUTED AS PER LEVEL EVEN THOUGH IT WENT NEARER

TO SHORTING LEVEL IN OPENING ITSELF, BUT THOSE WHO TOOK SHORT @ NEARER TO SHORTING LEVEL GOT A PROFIT OF 50 POINTS IN SHORTING

AS WE ADVICED TO SHORT TO PGS & PSG CLIENTS AND LATER LONG NOT GIVEN ANY PROFIT AS NO SPECIFIED TARGETS ACHIEVED AND HITTED

SL FOR A LOSS OF 33 POINTS AND POWER SHORT GIVEN A PROFIT OF 20 POINTS AND NO SPECIFIED TARGET ACHIEVED AS POWER SHORT INITIATED

IN LATE HOUR.  SO, FOR THE DAY IT IS A LOSS OF 18 POINTS AFTER DEDUCTING THE PROFIT OF POWER SHORT SP 15 POINTS , BUT WE MANAGED TO CLOSE

IN NPNL FOR PGS & PSG CLIENTS AS WE DID 3 ROUNDS TRADES IN 5700 5800 PUTS AND GOT SOME GOOD PROFITS IN PUTS. REVERSAL DIDNT HAPPENED AS

EXPECTED BECAUSE TO DAY IS A EXPIRY DAY AND VOLATALITY WINS ATLAST

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