Trading Strategy for Nifty Future-18th August’10
18 August 2010
Success in trading is a function of talents and skills – Trading, in this sense, is no different from chess, Olympic events, or acting. Inborn abilities (talents) and developed competencies (skills) determine one’s level of success. From rock bands to ballet dancers and golfers, only a small percentage of participants in any performance activity are good enough to sustain a living from their performances. The key to success is finding a seamless fit between one’s talents/skills and the specific opportunities available in a performance field. For traders, this means finding a superior fit between your abilities and the specific markets and strategies you will be trading. Many performance problems are the result of a suboptimal fit between what the trader is good at and how the trader is trading.

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 !!
Yesterday ,I had written it will face Hurdle at 5440 level….Just see it oscilalted between 5410–5444 level !!
-Another low volume day….Lowest in last 6 days.
Now ……….What do ?
Friday’s High and Monday’s low are crucial Trend Deciders.
5479-5393 -Crucial Hurdle and Support.

Today above 5440……Will take to 5456-5461 level !
-Crossover above 5461 will take to 5479-5484 level.
-5393-5385 are support levels.
-101% Dead Market !
-Only BANK Stocks are moving up up up !Remember my Target of Bank NF 10900+…written to Buy and Hold at 9800 level….Triangle Breakout.

-What happened to IT in Year 2000 or Real Estate Stocks in 2008…….same will happen to BANK STOCKS….
-Its a Matter of time ,Another 5-10% Jump.The day this Bubble will Burst….everything will collapse…………Somthing is Fishy……Traders dont have to worry…..because they will never earn (Indian Retail Investors till today are not buying )and Game played by Big Boys….want to exit…..But No Buyer….so price rigging going on and on.Just save these lines….and remember us !!
I will Update more about NIFTY ,Bank NF ,CNX IT and stocks to our Subscribers.
Updated at 7:57/18th August/Baroda






To be successful the most important rule is to strive for success. This means you must exert effort and put a lot of hard work into your effort. You must have both the short term and long term charts necessary for trading the markets you trade. They must be always up-to-date and you need to watch them on a daily basis so your mind gets use to their price and time movement. You will then learn the secret of trading and see how the entire price movement continually evolves.







