BUY SELL NIFTY STOCKS STRATEGY

Derivative Strategy for August 9, 2012
Scrip	CMP	Recommendation	Target	Stop Loss
NIFTY	5,355	BUY	5,430	5,310
ACC	1,348	BUY	1,365	1,340
BPCL	353	BUY	365	347
DLF	211	SELL	205	215
TCS	1,256	SELL	1,230	1,264

** PLEASE TRADE ABOVE AT YOUR OWN RISK AND LIABILITY

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Are You The Turtle Or The Hare? Would you want fast money or steady money?

The intraday trader is normally very impatient and enters this field only because he dreams of quick money . The intraday trader has a sense of impatience and wants to take multiple quick trades on small time frames. This is the main weakness or the impulsive behavior that needs to be brought under control . It is only those intraday traders who check the main trend and the confluence of their trading rules before taking the trade that survive the long battle and turn out to be winners in the long run.The intraday traders keep testing all the different indicators on live markets and do not stick to one method . The variety of trades will only cause the losses to happen and reduce your capital.The trader should stick to only one method and fine tune that so that the method becomes second nature to the trader and he is able to curtail his losses and maximize his earnings.It should be kept in mind that not only has the trader to keep control on his capital but also on the profits. Th...

NIFTY TRENDS AND TRADING STRATEGY

Nifty closed negative at 5362.95, lower by 17.40 points or ‐0.32%, as persistent profit booking in index heavyweight turned sentiments negative amid rising crude oil prices. Nifty has formed a dark cloud cover candle with no upper shadows on daily charts indicating sustained selling at higher levels, and at same time index has also closed at the channel line support placed at 5,350 levels. Decisive closing below 5,350 indicates that Nifty is likely to remain under selling pressure which would lead the index downwards towards 5300‐5250. On the up side sustain buying above the 5,380 mark will see follow up buying towards 5,420‐5,460. Trading strategy would be to Sell if market resist at 5,380 and Buy if support at 5,330. First resistance for the Nifty is 5,384 and next resistance 5,404 and first support for the Nifty is 5,350 and next support at 5,336. *** TRADE AT YOUR OWN RISK AND LIABILITY , READ DISCALIMER

NIFTY AND STOCK MARKETS MORNING OUTLOOK 8TH AUG

August 08, 2012 -Daily Morning Outlook- Markets at a Glance A gap up opening is likely on the cards for the Indian indices today tracking positive Asian mar-kets. Meanwhile Asian shares are trading higher today, extending their sharp rally for the third straight day, on heightened expectations that central banks in the US and Europe may take immediate actions to boost their respective economies. Japan's Nikkei 225 leading the surge to test the psychological 9,000 level, powered by exporters buoyed by expectations of fresh stim-ulus measures from central banks, boost risk appetite. In the absence of any economic data, investors are eyeing the key data from China to be released on Thursday, including industrial production, retail sales and inflation, to gauge the health of the world’s second-largest econo-my. The SGX Nifty, Aug’12 contract last traded at 5,370, up by 30 points from previous session. Wall Street Update The US markets continued their gaining streak for the third...

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