Thursday, September 24, 2009

A SWEET THURSDAY FOR DAY TRADERS

TRADING STRATEGY - 24th SEPTEMBER
Buy N.futures abv 4989 (T- 5013) S/L @ 4942
SELL Below if N.Futures breaks 4940 with volumes
SURE Target - 4920

PIVOT CALCULATIONS (NIFTY SPOT)

PIVOT POINT – 4986

SUPPORTS
S1 – 4941 S2 – 4912.2 S3 – 4867

RESISTANCES
R1 – 5014.8 R2 – 5059.6 R3 – 5088.5
Strong Support @ 4922

WARNING: NIFTY in OCT & NOV would crash up to 800-900 points Long Term Investors PLS. STAY AWAY & wait for the correction

ALL THE BEST GUYS

DISCLAIMER: Trade at your own risk

No comments: