Free Stock market / Nifty intraday tips

Nifty Future tips for earn bigger on May 29, 2012

nifty-futures

EARN THE RIGHT TO TRADE BIGGER.

Too many new traders think that because they have $25,000 equity in their trading account that they somehow have the
right to trade five or ten e-Mini S&P contracts. This cannot be further from the truth. If you can’t trade a one lot successfully, what makes you think that you have the right to trade a 10 lot? I demand that my students show me a trading profit over the course of ten consecutive trading days trading a . one lot only. When they have achieved a profitable ten-day period, in my eyes, they have earned the right to trade a two lot for the next ten trading . sessions. Remember: if you are trading poorly with two lots you must lower your trade size down to a one lot.

 

Nifty Future

(Updated on 29-05-2012 Time 8.33 AM)

Yesterday’s session saw steady but nice gain.

.

As we had written yesterday trading above 4931-4938

drove NF went up to 4988.
.
Short term trend likely to remain intact and move up to 5019-5034-5049
.
if trades above 5001-5009.
.

4970-4955 support area. Trading below 4955 with volumes for 15-20 minutes
.
will drag NF to 49022-4907 levels.

Previous ArticleNext Article

Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They’ve black magic of stock market analysis because studied charts over 20 years.

Click here to get premium stock market tips by Mr.Guru.

Subscribe to get daily FREE Stock markets / nifty tips
Send email to Mr.Guru: [email protected] or you may call him on +91 903 376 3672.

Leave a Reply

Your email address will not be published. Required fields are marked *