NIFTY FUTURES TRADING IDEAS OF 21ST FEBRUARY 2011

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT GIVEN A PROFIT OF 50 POINTS AND LONG HITTED SP OF 15

POINTS IN 1ST ROUND AND HITTED SL FOR A LOSS OF 25 POINTS AND POWER SHORT ALSO HITTED SL OF 25 POINTS AND LONG GIVEN A PROFIT

OF 15 POINTS SP HITTED AND POWER SHORT GIVEN A PROFIT OF 54 POINTS BY REACHING 2ND TGT IN LATE HOURS, BUT WE DID SMALL QTY

AS TODAY IS A WEEKEND AND WARNED ALL TO MAINTAIN LOW QTY, SO, FOR THE DAY IT IS +50+15-25-25+15+54= 84 POINTS AND WE DID SMALL PROFITS

IN 5400 5500 CALLS IN 1ST HOUR AND LATER HITTED SP, AND WE DID MULTIPLE ROUNDS IN 5500 PUT & 5600 PUTS AND GOT GOOD PROFITS

What happened on Yesterday {LEFT} and what will happen for Monday {RIGHT}, click on charts to know more

FOR TREND CHANGING TIMINGS WILL UPDATE THROUGH YAHOO MESSENGER IN LIVE MARKETS
Regards,

rajesh.saladi