Friday, July 30, 2010

Nifty Tarde for 30-7-10

Good morning Friends,
  As I stated yesterday that Nf expires @ 5410,It honours me to so.
Now yt nxt,we are in Aug. series a new day a new month but end of week,
so presently I am in a mind set of two things regarding Nf
For positional long Closing should be above 5420
For positional short closing Should be below 5380.
Nf cant break 5380 for last 2 atempts,also today low is 5385.
If Nf breaks 5380 & sustain than only shorting can be thought.

Trades for today:
Buy Nf @ 5386 Sl-5375 T-5400,5420,5450
Short Nf @ 5425 Sl-5435 T-5410,5390,5360

Trades as per Pivot Trading:
Buy above 5402 SL-5384 T-5417,5436
Short Below 5383 Sl-5402 T-5368,5349

Trades as Swing trading.

System Short @ 5394

Trades for Bank Nifty :
Buy BN @ 10120 Sl-10090 T-10150,10190
Short BN @ 10200 Sl-10225 T-10180,10150,10100

2 comments:

  1. We miss the morning trade & Nf now @ 5407.
    Many times watching market is made us confused.

    ReplyDelete
  2. Nf made a high of 5408 & resisted there.
    A sell @ 5405 with sl-5412 can be made for 10-15 points.

    ReplyDelete