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Nifty Futures

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DON’T HOPE AND PRAY. IF YOU DO, YOU WILL LOSE.

When I was a new and undisciplined . trader, I can’t tell you how many times that I prayed to the “Bond god.” My prayers were a plea to help me out of a less-than-pleasant trade position. I would pray for some sort of divine intervention that, by the way, never materialized. I soon realized that praying to the “Bond god” or any other “futures god” was a wasted exercise. Just get out!

 

 

 

Nifty Futures

(Updated on 01-06-2012 Time 8.50 AM)

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As written yesterday below 4920 market remained under pressure.

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sustained trading Below 4885 will drag NF down up to 4844-4826

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4932-4949 are strong hurdle in intraday.

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