NIFTY FUTURE 25-MAY-2011
Readers who short sold nifty future at 5405 would have made 4500rs in 2 lots of nifty future.
Readers who went long at 5360 would have made 3500rs in 2 lots of nifty future.
A net gain of 7500 rs for the day.
Also. consider the fact that nifty future range was 57 points for the whole day !!!
Yesterday's high and low are going to be significant points for trading.
Today's trading idea:
Buy nifty future above 5420 with stop loss of 5400 for targets 5445, 5485.
Short sell nifty future below 5355 with stop loss of 5375 for targets 5330, 5300, 5285.
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 at 5405 would have made 4500rs in 2 lots of nifty future.
Readers who went long at 5360 would have made 3500rs in 2 lots of nifty future.
A net gain of 7500 rs for the day.
Also. consider the fact that nifty future range was 57 points for the whole day !!!
Yesterday's high and low are going to be significant points for trading.
Today's trading idea:
Buy nifty future above 5420 with stop loss of 5400 for targets 5445, 5485.
Short sell nifty future below 5355 with stop loss of 5375 for targets 5330, 5300, 5285.
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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