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NIFTY TRADING STRATEGY

 
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Author NIFTY TRADING STRATEGY
Jackpot_Madhan
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Joined: 31 Dec 2012
Posts: 4
Post: #1   PostPosted: Wed Jan 16, 2013 9:12 am    Post subject: NIFTY TRADING STRATEGY Reply with quote
NIFTY TODAY - INITIATE SHORT NEAR 6070 FOR A TARGET OF 6030-6023 OR CAN INITIATE LONG NEAR 6023 FOR TARGET OF 6070
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Vikas91
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Joined: 28 Nov 2012
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Post: #2   PostPosted: Wed Jan 16, 2013 10:01 am    Post subject: Re: NIFTY TRADING STRATEGY Reply with quote
Jackpot_Madhan wrote:
NIFTY TODAY - INITIATE SHORT NEAR 6070 FOR A TARGET OF 6030-6023 OR CAN INITIATE LONG NEAR 6023 FOR TARGET OF 6070


For this what is the Stop Loss Jackpot_Madhan
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Vikas91
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Joined: 28 Nov 2012
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Post: #3   PostPosted: Wed Jan 16, 2013 12:54 pm    Post subject: Re: NIFTY TRADING STRATEGY Reply with quote
Vikas91 wrote:
Jackpot_Madhan wrote:
NIFTY TODAY - INITIATE SHORT NEAR 6070 FOR A TARGET OF 6030-6023 OR CAN INITIATE LONG NEAR 6023 FOR TARGET OF 6070


For this what is the Stop Loss Jackpot_Madhan


Nifty now at 6022 high made 6055.95 only
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saumya12
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Joined: 21 Dec 2011
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Post: #4   PostPosted: Wed Jan 16, 2013 9:51 pm    Post subject: Reply with quote
Hi JM

What do you say for tomorrow.
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Jackpot_Madhan
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Post: #5   PostPosted: Thu Jan 17, 2013 8:04 am    Post subject: Nifty Spot Support @ 5984 & 5964 - Nifty Resistance @ 60 Reply with quote
Nifty Spot Support @ 5984 & 5964 - Nifty Resistance @ 6019 & 6023

Strategy - I.
If Nifty Spot reaches and stays near 6019, can initiate Short with 10 points stoploss above 6023 for target of 5984 - 5964. If Nifty Spot stays below 5964 longtime, next target is 5942 & 5923.

Strategy - II.
If Nifty Spot reaches and stays near 5964, can initiate Long with 10 points stoploss below 5964 for target of 6019 & 6023. If Nifty Spot stays above 6023 longtime, next target is 6066.
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