Monday, October 12, 2009

TRADING STRATEGY UPDATED ON 12th OF OCT



TRADING TIPS FOR THE DAY FROM MAHINDEESH


PIVOT POINT (NIFTY FUTURES) –4961.7

SUPPORTS
S1-4895.80 S2 – 4857.25 S3 – 4791.40

RESISTANCES
R1 – 5000.30 R2 – 5066.15 R3 – 5104.8
N.Futures (3 DEMA- 4965) &
(7 DEMA- 4980)
à Remember both these can act as a good support or resistance after 11 a.m

Resistance @ 4965,
4980,95 & 5007
CRUCIAL SUPPORT for NIFTY FUTURES 4890
SHORT BELOW THIS LEVEL BOLDLY FOR 30-60 POINTS in a day or two


( OPTION TRADERS BOLDLY GO FOR 4900 NOV PUT, AND THE SAME 4900 OCT PUT FOT THE LION HEARTED )
ALL THE BEST GUYS




DISCLAIMER: TRADE AT YOUR OWN RISK