Trading Strategy for Nifty Future-30th August’10
30 August 2010![]()
Recognize past mistakes and eliminate them. This month’s Golf Magazine has an article analyzing each shot of Tiger Woods career. Tiger’s success is less predicated by the good things he does than by virtue of doing far fewer bad things than other PGA golfers. All of us have a particular bad habit that consistently costs us. You should get an occasional feeling of deja vu when repeating a stressful event. Embrace that personal information as a signal. Your worst habit is potentially your best fade.

Major Hurdle at 5566
Three Consecutive close above this level+Weekly close (Must ) then expect allround unexpected buying and next target with No if and but :Kissing all time high !!
My Target 6336-6593
If able to fullfill my Condition then in next 2 months ….will see UNEXPECTED level.
(From Last 2 months writing same level and see My Sensex level too )
My Short Term Target above 5436 was of 5551-5589.Just see made high of 5543 & falling.(Just see in 5 session crashed to 5398 level )
Now ,With keeping a stop of 5566…..Those who had sold might have minted great money in Nifty Future.

Today ,What to expect ?
-On Friday down target was of 5408 it kissed 5398 & closed at 5416 level.
Today ,Not Breaking Friday’s low of 5398……then watch spurt upto 5443-5450 level.
Crossover with volumes above 5450 and stays above this level for 5-10 minutes will take to 5470-5479 level.
Not Today ,But once it will break 5397 ….it will crack to kiss 5363-5352 level.
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-Don’t Jump and Buy ……….Any Stock.
-Today ,Just wait for 30 minutes and then trade.
-No need to cover short.On Rise Sell Any thing & Everything.
-Expect Dead Cat Bounce in :Big IT Stocks ,Reliance ,ONGC !
-90 % Stocks are Looking weak only.Any Rise -Sell Sell Sell only.
I will Update more about NF ,Bank NF ,CNX IT….and Stocks to our Subscribers during trading hrs.
Updated at 6:57/30th August/Baroda/India





Rally from low of 4388 is just Dead Cat Bounce only.



