Free Stock market / Nifty intraday tips

Nifty Futures

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IF YOUR TRADE IS NOT GOING ANYWHERE IN A GIVEN TIMEFRAME, IT’S TIME TO EXIT.

This rule relates to the theory of capital flow. It is trading capital that pushes a market one way or another. An oversupply or imbalance of buy orders will push the market up. An oversupply of sell orders will push the market lower. When price stagnation is present (as typically happens many times throughout the trading session), the market and its participants are telling us that, at the present time, they are happy or satisfied with the prevailing bid and offer. You don’t want to be in the market at these times. The market is not going anywhere. It is a waste of time, capital and emotional energy. It’s much better to wait for the market to heat up a little and then place your trade.

Nifty Futures

(Updated on 07-06-2012 Time 09.00 AM)
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Yesterday we indicated above 4902 would favours bulls.
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Crossover 4935-4958 area set the market on fire.
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Now for Today..

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Bulls are delighted above 4998-5011.
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Crossover with volume market will see 5072-5088.
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4952-4968 are intraday support.
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Consecutive  two closing above 5020 will take it to 5129-5155.

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