1) the entry point (relate it with our time of post)- 3258
2) Point at which Nifty had taken support - 3234 (Just see the power of technicals)
3) First Target - 3226 and
4) Second target - 3201.
By trading Nifty futures, one would have earned Rs. 2850/- per lot today
We had mentioned that 'Expect nifty Recovery at 3152',
Though Technically we were having strong Point near this level, Nifty failed to Take recovery there because of news which questioned the UPA Govt. stability (DMK MP's going to resign today evening).
Even with this failure of recovery, one who read our older posts could have managed to trade by shorting Nifty for another 72 points ie Rs.3600/- per lot. (As we were busy with our clients, unable to post that trade in the blog).
No comments:
Post a Comment