Wednesday, January 4, 2012

Nifty Future Intraday levels for Jan 04, 2012


Buy at / above: 4778.26   Targets: 4793.16 - 4810.48 - 4827.83 - 4845.21
Stoploss : 4761
Sell at / below: 4761   Targets: 4746.13 - 4728.92 - 4711.74 - 4694.59
Stoploss : 4778.26

NIFTY SPOT SUPPORT 4730,4680 AND RESISTANCE AT 4770,4800 4830


Update:
  • SL hit in short. 17 points loss.
  • Longs risky as 4770 is strong resistance. 
  • Hold longs with given SL. Will be offline for few hours.
  • 03:45 PM
    • Long hit SL. 17 points loss.
    • Short hit 1st target. Profit 15 points and crossed buy level and buy activated.
    • Long hit 1st target and made high 4798 and crossed shot level again. 15 points profit.
    • Short hit 2nd target. 33 points profit
  • Total trades: 5, Total profit: 29 points profit. 

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