Wednesday, September 30, 2009

TRADING STRATEGY(OCT 1ST)

PIVOT CALCULATIONS

PIVOT POINT (NIFTY SPOT) –5058.65
SUPPORTS
S1 – 5029.60 S2 – 4975.35 S3 – 4946.40

RESISTANCES
R1 – 5113 R2 – 5141.90 R3 – 5196

PIVOT POINT (NIFTY FUTURES) –5048.35

SUPPORTS
S1 – 5016.65 S2 – 4960.30 S3 – 4928.60

RESISTANCES
R1 – 5114.65 R2 – 5136.35 R3 – 5192.70


BUY NIFTY FUTURES,IF IT CROSSES WITH GOOD VOLUMES 5120 (ONLY AFTER 10:45)
T1-5138 T2-5175
SHORT NIFTY IF IT BREAKS ONLY
4995

T- 4965

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