Nifty Future likely to open down

nifty future tips

THE FIRST LOSS IS THE BEST LOSS

Once you come to the realization that your trade is no good it’s best to exit immediately. It’s never a loser until you get out and Not to worry, it’ll come back are often said tongue in cheek, by traders in the pit. Once the phrase is stated, it is an affirmation that the trader realizes that the trade is no good, it is not coming back and it is time to exit.

Nifty Futures Tips

(Updated on 31-05-2012 Time 8.50 AM)

Given the foreign markets, Nifty Future likely to open down

by about 40-45 points.

Trading below 4920 will drive it even lower up to 4902-4892.

Sustained Trading below 4885 will cause panic free fall up to 4844-4826.

Hurdle at 4974-4985 area intraday upper levels.

Bearish view below 4920.

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FREE Nifty Futures Trading Calls For Intraday Traders

Nifty Future Calls

GET OUT OF  YOUR LOSERS

You are not a loser because you have a losing trade on. You are, however, a loser if you do not get out of the losing trade once you recognize that the trade is no good. It’s amazing to me how accurate your gut is as a market indicator. If, in your gut, you have the idea that the trade is no good then it’s probably no good. Time to exit. Every trader has losing trades throughout the session. A typical trade day for me consists of 33 percent losing trades, 33 percent scratches and 33 percent winners. I exit my losers very quickly. They don’’t cost me much. So, although I have either lost or scratched over two-thirds of my trades for the day, I still go home a winner

Nifty Futures Tips

(Updated on 30-05-2012 Time 8.50 AM)

As we mentioned yesterday NF formed high at 5011 and fall.

We also indicated that failure to sustain above 5001-5009

might move it down. It tried two times in last session to

take this high but couldn’t.

Now for Today…

Likely to open with negative note.

Trading below 4966 will drift down it to 4950-4938-4920

Sustained trading below 4920 may see panic upto 4884

Trading above 4995 for 15 minutes with sizable volumes

no worry for bulls and see 5009-5028-5036 area which seems

quite strong barrier to sustain in intraday.

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Nifty Future tips for earn bigger on May 29, 2012

Nifty Future Tips

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 Calls

(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.

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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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