NIFTY Futures Mechanical Trading

[nadodav]

NIFTY FUTURE For March 10,

Current position : SHORT (at 5217 on 29/02/2008)

Nifty Fut Closed at : 4726.25

Profit/Loss in current trade : +490.75 (as per last closing price)
Net Profit/Loss since thread started : +1849.75 (1359.00+490.75)

Support : 4656
Resistance : 4831

Hold SHORT positions with SL 4831. If market trades above 4831, Exit SHORT & go LONG with SL 4656.

Nifty Fut.xls is updated in 1st message of the thread.

Happy Trading.

Vinod

 

[aabhi06]

Dear VINODJI,
Thanks for update R & S of NIFTY FUTURE.

 

[nadodav]

NIFTY FUTURE For March 11,

Current position : SHORT (at 5217 on 29/02/2008)

Nifty Fut Closed at : 4784.30

Profit/Loss in current trade : +432.70 (as per last closing price)
Net Profit/Loss since thread started : +1791.70 (1359.00+432.70)

Support : 4720
Resistance : 4866

Hold SHORT positions with SL 4866. If market trades above 4866, Exit SHORT & go LONG with SL 4720.

Happy Trading.

Vinod

 

[sandeep721]

Dear vinod

First of all I would like to thank you for posting nifty support and resistance levels very regularly. I wanted to know if we can trade on individual stocks using this system.

Sandeep

 

[milkyblack]

thank You for ur promt updates!

Regards

 

[nadodav]

Dear vinod

First of all I would like to thank you for posting nifty support and resistance levels very regularly. I wanted to know if we can trade on individual stocks using this system.

Sandeep

Hi Sandeep,

This is for index and i think it will not work for stocks as good as index.

Regards,

Vinod

 

[gupta]

please wait new traders




gupta

 

[nadodav]

NIFTY FUTURE For March 12,

Current position : LONG (at 4866 on 11/03/2008)

Nifty Fut Closed at : 4856.55

Profit/Loss in current trade : -9.45 (as per last closing price)
Net Profit/Loss since thread started : +1700.55 (1710.00-09.45)

Support : 4755
Resistance : 4895

Hold LONG positions with SL 4755. If trades below 4755, Exit LONG & go SHORT with SL 4895.

Happy Trading.

Vinod

 

[komalpradhan]

Dear Vinod,
You are doing wonder for all of us.This is the best thread in this site. Keep doing well ...

 

[aabhi06]

Vinodji,
Today 4720 support taken U turn in the morning, fantastic!
so many thanks.
*** ABHISHEK.