Nifty Future tips for May 28, 2012

nifty future calls

BE YOURSELF. DON’T TRY TO BE SOMEONE ELSE.

In all of my years as a trader I never traded more than a 50 lot on any individual trade. Sure, I would have liked to be able to trade like colleagues in the pit who were regularly trading 100 or 200 lots per trade. However, I didn’t possess the emotional or psychological skill set necessary to trade such big size. That’s OK. I knew that my comfort zone was somewhere between 10 and 20 lots per trade. Typically, if I traded more than 20 lots, I would butcher the trade. Emotionally, I could not handle that size. The trade would inevitably turn into a loser because I could not trade with the same talent level that I possessed with a 10 lot.

Nifty Future

(Updated on 28-05-2012 Time 8.30 AM)

As our projection, we have indicated again and again that markets were over sold

for quiet a long time and any short at lower levels might trap traders.

NF has intraday support at 4897-4873.

Trading above 4931-4938 with volumes may take it to 4978-4996 area.

Where it may face hurdle

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Nifty Future with Methodology on May 24, 2012

nifty future calls

DEVELOP A METHODOLOGY AND STICK WITH IT.DON’T CHANGE

METHODOLOGIES FROM DAY TO DAY.

I require my students to actually write down the specific market prerequisites (setups) that must take place in order for them to make a trade. I don’t necessarily care what the methodology is, but I do want them to make sure that they have a set of rules, market setups or price action that must appear in order for them to take the trade. You must have a game plan. If you have a proven methodology but it doesn’t seem to be working. in a given trading session, don’t go home that night and try to devise another one. If your methodology works more than one-half of the trading sessions, then stick with it.

Nifty Future Tips

(Updated on 22-05-2012 Time 08.50 AM)

In our earlier post, we indicated the 4765 was one of the level that might reverse the trend.

The market dipped to and bounced off that level.

We also told that markets were in extreme oversold levels

and shorting is not advisable at that much lower levels.

Now for Today…

NF seems to open with positive note.

Trading above 4827-4834 for 15 minutes or more will take it to 4865-4892.

In lower direction 4800-4777 are intraday support zone.

In panic selloff 4765-4752 may not be ruled out.

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Nifty Future, Reliance, Axis & Divis Lab Free Calls

Nifty Future Tips

(Updated on 21-05-2012 Time 02.50 AM)

In our last post we indicated the  4765 level and market dipped and bounced off that level.

We also told that markets are in extreme oversold levels and shorting is not advisable.

Hence buy Nifty future at 4852 and in a couple of minutes it zoomed to 4900 level.

Now what for Today…

Expect the relief rally to continue and 4935-4956 level to watch.

We told you to buy Nifty Future at 4852,

Reliance Capital at 290,

Axis Bank at 942  and  Divis Lab at 905.

All these have achieved their targets the same day.

Reliance Capital has soared to 315 up by huge 8%

Axis Bank too up by almost 2%.

Divis Lab up by more than 2%

Windfall profit overnight.

I hope everyone enjoyed huge gain from all our calls.

That’s why we believe in timely and precise recommendations rather than giving

numerous calls so that subscribers don’t get confused.

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BUY NIFTY FUTURE (Time 2:50 PM) & Divilab Fut

nifty_bulls

Nifty Future Buy 4839-4847 and SL 4828 Go for targets 4956-4976 Tomorrow

Divis-Lab

Buy Today DIVILAB Future

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Free NSE Nifty Future Trading Tips based on Technical Analysis

nifty future tips

YOUR BIGGEST LOSER CAN’T EXCEED YOUR BIGGEST WINNER.

Keep a trade log of all your trades throughout the session. If, for example, you know that, so far,
your biggest winner on the day is five e-Mini S&P points, then do not allow a losing trade to exceed those five points. If you do allow a loss to exceed your biggest gain then, effectively, what you have when you net out the biggest winner and biggest loss is a net loss on the two trades. Not good.

Nifty Future Trading Alerts

(Updated on 18-05-2012 Time 08.50 AM)

Yesterday we wrote market would see 4886-4903 level.

It touched 4911 and plunged.

Now there seems no relief for the bulls since market today is likely to extend

its lower levels to 4793-4765-4710.

4900-4911 are hurdles.

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Nifty Future

nifty future calls

NEVER TURN A WINNER INTO A LOSER.

We have all violated this rule. However, it should be our goal to try harder not to violate it in the future. What we are really talking about here is the greed factor. The market has rewarded you by moving in the direction of your position, however, you are not satisfied with a small winner. Thus, you hold onto the trade in the hopes of a larger gain, only to watch the market turn and move against you. Of course, inevitably you now hesitate and the trade further deteriorates into a substantial loss. There’s no need to be greedy. It’s only one trade. You’ll make many more trades throughout the session and many more throughout the next trading sessions. Opportunity exists in the marketplace all of the time. Remember: No one trade should make or break your performance for the day. Don’t be greedy.

Nifty Future Trading Tips

(Updated on 17-05-2012 Time 08.50 AM)

Yesterday we had written that 4845 is important level.

Market bounced off from the low of 4827.

Now Today…

Trading Above 4869 for 15 minutes will drive it to 4886-4903.

It will add more strength after clearing hurdle at 4925 on closing basis.

4845-4819-4765 are important lower levels.

Major Trend is Negative, but Immediate and short term trend may reverse

since markets are in highly oversold zone due to considerable and consecutive fall

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