Monday, March 08, 2010

MOTLEY MONDAY




Hi Pals,
Here we go…
Day Trading Strategy of Nifty Futures for Monday (MAR 8 2010)

Overall Resistance
@ 5175
&
Crucial Support @ 4987

1-week GANN’s Support levels: 5011, 5000

Day RESISTS @ 5113, 5137

Day SUPPORTS @ 5069, 5045

ALERT for 5200 CALL

Exit from 5200 Call (whatever the price is) when NFutures goes into the range of 5175-5195 which is your target for this call.(that will happen within a week)
STOP LOSS : 4987
Entry level already recommended @ 5105
Remember @ at this range (5175-5195),
time gets squared with the price as per GANN’s theory;
Market would dive upside down after 15th unless it shows 2
Consecutive closes above 5175.
Trailing stop losses, other important levels of intraday, U-turn warnings in market hours, barely to the subscribers & clients.

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FREE TIPS OF THE DAY (MAR 8)


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TARGET - 1117,1113
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