DON’T SPECULATE. IF YOU DO, YOU WILL LOSE.
In all 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.
Nifty Futures Calls
(Updated on 05-06-2012 Time 09.10 AM)
As expected yesterday below 4782 we saw lower levels at 4760.
NF bounced off from the low of 4760.
Now for Today…
Above 4858 favors bulls and may drive up to 4885-4902.
Intraday support at 4817.
Below which 4800-4783 may see.
Intraday hurdle on upside is 4848-4858.