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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Free NSE LT (Larsen & Toubro) Stock Tips

Larsen Toubro Stock Tips

LT (Larsen & Toubro)

Updated on 28-05-2012 Time : 7.40 pm

Buy LT above at 1195-1200 with stop loss 1188-1184

for Target at 1232-1248

Time frame : 3-5 Days

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Our Live recommended long counters in last 3 sessions

Reliance Capital at 310 For Target=325-332 1st 2 Targets Achieved

Axis Bank at 982 For Target=992-998-1008 All Targets Achieved

ICICI Bank at 810 For Target=822-827-833 All Targets Achieved

Reliance Infra at 448 For Target=459-467-479 All Targets Achieved

Tata Motors at 270 For Target=277-283-287 1st Target Achieved

We picked above long counters relatively earlier before the trend reversals so that subscribers earn handsome gain. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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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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NSE Axis, ICICI, and Reliance Cap & Infra Trading Calls

For last several sessions We have maintained that markets are in

extreme oversold zone and short sale is not advisable.

Our views don’t change every day.

I hope everyone today enjoyed huge gain by going long as under.

Today said to buy

Axis Bank at 982 for Target=998 (Today’s High=999.80)

Reliance Capital at 310 for Target=322 (Today’s High=320.30)

ICICI BANK at 808 for Target=827 (Today’s High=826.00)

Reliance Infra at 448 for Target=459 (Today’s High=856.70)

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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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