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Nifty Futures

nifty-futures

DON’T SPECULATE. IF YOU DO,YOU WILL LOSE.

In all of the years that .I have been a trader and associated with . traders, I have never met a successful speculator. It is impossible to speculate and consistently print large winners. Don’t be a speculator. Be a trader. Short-term scalping of the markets is the answer. The probability of a winning day or week is greatly increased if you trade short term: small winners and even smaller losses.

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Nifty Futures

(Updated on 05-06-2012 Time 09.10 AM)

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As expected yesterday below 4782 we saw lower levels at 4760.
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NF bounced off from  the low of 4760.
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Now for Today…

Above 4858 favours bulls and may drive up to 4885-4902.

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Intraday support at 4817.

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Below which 4800-4783 may see.
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Intraday hurdle on upside is 4848-4858.

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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.

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