Monday, February 21, 2011

Nifty Weekly Trading

Profit in Week 1:-180 points

Loss in week 2 :--120 points

Profit in week 3:- 120 points

Profit in week 4:- 50 points

Total Profit :-       230 points

Nf Closed on Friday @ 5468.

High of Friday was -5589

Low of Friday was -5436.

Today Nf broke Friday Low & claims for a Short trade.

Now go short on any bounce near to Friday Close of 5468 with a 30 point Sl.

I hope all my viewers now like my trading strategy.

Wait for few Min to look wether Nf maintains above 5468 or not & after it initiate any trade.

1 comment:

  1. Why I post to wait for trade execution because Nf is highly oversold on houlrly charts.
    It may bounce from here & our sl got hit,so rather booking loss we can wait for some more time.

    I will be offline so I will do my trade as per levels.
    If Nf future trades above day high for 15-30 min.than dont initiate short trade.
    If Nf future cross day high but not sustain there for atlest 15 min.than Short for 50 points.

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