There was lack luster movement in the
market today. Nifty started at 6136 moved in a range of 20 points throughout
the day.6110 acted as the line of support .While the prospect of the index sustainably
moving up again tomorrow looks a bit
remote yet we need to keep in mind the critical levels that have the potential
to bring strong supply pressure in any recovery attempt: first, the range
between 6030 and 6040 would be such a zone unless crossed we can’t even think
of any recovery.....
Showing posts with label call tips. Show all posts
Showing posts with label call tips. Show all posts
Thursday, May 23, 2013
Tuesday, May 14, 2013
RULES TO TRADE IN FUTURE
1.Stay out of trouble, your first loss is your smallest loss.
2.Analyze your losses.
3.Survive! In futures trading, the ones
who stay around long enough to be there when those "Big Moves" come
along are often successful.
4.If you are just getting into the markets, be a small trader
for at least a year, and then analyze your good trades and your bad ones.
5A speculator should have enough excess margins in his
account to provide staying power so that he can participate in big moves.
6.Take windfall profits (profits that have no sound reasons
for occurring).
7.Periodically redefine the kind of capital you have in the
markets.
8.Do not use the markets to feed your need for excitement.
9.Always use Stop Loss
8.Do not use the markets to feed your need for excitement.
9.Always use Stop Loss
10.Intraday trading should be done without any ego.
Flexibility and discipline are key for a successful trader.
Flexibility and discipline are key for a successful trader.
11.Do not be afraid to be a sheep.Do not overtrade.
12.Take a position only when you know
your profit goal and know when to stop if the market goes against you.
13.Use technical signals (charts) to
maintain discipline - a vast majority of traders are not emotionally equipped
to stay disciplined without some technical tools
Friday, April 26, 2013
NIFTY OUTLOOK AND FUTURE TIP FOR MONDAY
Buy IDFC future above 156 tg 157.90,159.40
sl 154.20
NIFTY OUTLOOK FOR TOMORROW
Nifty
was down 44 points to 5,871, its lowest closing level since 23 April 2013. The
index hit a high of 5,907 and a low of 5,860 in intraday trade. Massive short covering during the last hour of
yesterday’s session saw the Nifty rise from an intraday low of 5860 to close at
5871. We may see an opening above the 5900-mark.
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