Nifty Trade for 11-5-10

Good Morning Friends,I hope U all Enjoy Yesterday ride of more than 200 points in NF.
After such a big rally there is some corrective down move happening which should be utilise for Buy in Dips.
Trade for today:-
Buy Nf @ 5160 sl-5140 T-5180,5200,5220
Short NF @ 5220 Sl-5240 T-5200,5175.
Today may be a range bound market.
Trading range for today may be 5150-5210.

Nf Gain on 3-5-10:- 14 points
Nf loss on 4-5-10:- 22 points
Nf Gain on 5-5-10:- 47 points
Nf Gain on 6-5-10:- 20 points
Nf Gain on 7-5-10:- 43 points
Nf gain on 10-5-10:- 157 points.


Soon I will try to start swing trading method in Nf trading.
In this we will be always in trade,in range bound market limited gains but in a trending market this strategy is extremly successful.
Hope U all will enjoy this,bescide I also need help of all my fellow traders to make it Successfull.
I will going to disclose value for tomorrow for going long or short at the start of day we will have to play acordingly,it will be 13 EMA of closing value of Nf.
Let start fresh from tommorow with 1 lot mini nf