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. Dont 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
(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 favours 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.
