Trading Strategy for Nifty Future -09th Feb’10

09 February 2010

NF-ICON

Professional traders only place a small portion of their assets into 1 position. Or if they take on a large position, then they strictly limit their risk to 1-2% of their current equity. Amateurs typically place a large portion of their assets into 1 position, and they give it “room to move” in case they are actually right. This type of situation creates emotions that ruin accounts, while professionals are able to make decisions and cut losses because they strictly define their risk.
-Professional traders focus on limiting risk and protecting capital. Amateur traders focus on how much money they can make on each trade. Professionals always take money away from amateurs.
Tuesday-9
As forecasted instead of 4676 ,Nifty Future just kissed 4667 & taken U-turn.
-Yesterday Intraday at 4702 ,written it will kiss 4738-4756 is last Hurdle.
-My expected target above 4756 was 4809-4827.
-Just see it kissed 4807 and panic started.
-Closed at 4765.
 

Always Remember :Trading should be boring, like factory work. If there is one guarantee in trading, it is that “thrill seekers” get their accounts ground into parking meter money.

Now ,What to expect ?

-I Don’t change levels everyday.What I had updated yesterday during trading hrs the levels remain same.But u need Strategy to trade in MARKET.

Today ,Above 4756..No worry for Bull’s

-Will zoom to kiss 4809-4827 level.

-Suppose crosses 4827 with volumes (Stays above this level for 5-10 minutes )then will see powerful rally upto 4880-4898.

-Support exist at 4737-4728,Break will take to 4702-4693.

ALRAM

Just see from 9:25 to 10:30

and again from 13:30 to 14 :00 hrs

-Bull’s will roar ,just watch closely and see power of 15 minutes chart.

Around 14 hrs (2 baje )will update Intraday forecast.

-Intraday levels/Trend Deciders for our Subscribers.

Updated at 8:33/9th Feb/Baroda

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3 Responses to “Trading Strategy for Nifty Future -09th Feb’10”

  1. RAJAN ARORA Says:

    sethi ji your levels are ultimate, tusi great ho shaaji, what next?

  2. RAJ DIVATE Says:

    GREAT

  3. amit Says:

    sir u rock

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