Nifty future trading levels 19-MAY-2011
Readers who short sold nifty future as per our trading recommendation would have made Rs6000 in two lots of trade as nifty fell exactly to all targets given and finally came to a halt after achieving the final target.
Today's trading idea
Buy nifty future around 5410 with stop loss 5382 for target 5435 and 5445.
Reversal targets: 5355, 5333
If nifty future crosses 5452, buy nifty future on retracement to 5435 with stop loss 5425 for targets 5480, 5495 and 5510.
NEXT
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
Readers who short sold nifty future as per our trading recommendation would have made Rs6000 in two lots of trade as nifty fell exactly to all targets given and finally came to a halt after achieving the final target.
Today's trading idea
Buy nifty future around 5410 with stop loss 5382 for target 5435 and 5445.
Reversal targets: 5355, 5333
If nifty future crosses 5452, buy nifty future on retracement to 5435 with stop loss 5425 for targets 5480, 5495 and 5510.
NEXT
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
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