Trading Strategy for Nifty Future -12th April ‘10

Always protect your confidence. Find an investing/trading philosophy that you are comfortable with and one that fits your personality. Once you have discovered this, work hard, study it, and try to perfect it. My best advice to gain more trading confidence is to make decisions, evaluate if your ideas are working, and constantly make adjustments until you can replicate a successful and disciplined trading methodology.

Laxman Rekha at 5566.

As I had already mentioned 3 Consecutive close above 5309 level will take to 5566 level.

-Zig Zag will continue ,but it will try to kiss 5566 very soon.

Always remembers trading will give u money ,Not levels.

Today ,Just have a eye on 5378 level.Decisive crossover above this level will take to 5405-5431.

-So think to buy above 5478 level.

Suppose not crosses High of Friday ( 5388 ) and breaks 5358 with volumes then ?

-Watch panic upto 5340-5334 ,5310 level.

-5290 & 5277 are crucial support levels.

-Not Today ,Any day /time it breaks these two levels then watch allround panic in mkt.

I will update more to our Subscribers

Updated at 8:22/12th April/Baroda/India

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