Thursday, October 17, 2013

do your home work before initiating trade

Home work to be done before initiating trade for example… is market choppy or is in trend  ? If it is choppy or range bound  is it at over bought zone or at oversold  zone or it is at middle ?  on initiation of trade where will be stop loss and what will be anticipated profit ? If you will be able to find all of these answers then place your orders entry order and stop loss order …when entry order will get executed place your profit taking order . If you are unable to plan all this Join hands with Dhanvarsha  for distant learning  …we are  having 5 years experience of online  teaching and you can learn chart reading  positive trading and market prediction sitting at home/office/ at your work place.


NIFTY_Daily_16-10-2013


Flat to positive opening is expected with possibility of choppy session initially …which may trade with increased volatility at later stage .Day before yesterday market behaved as per pre market prediction and all trading calls bang on target .


http://dhanvarsha.in/picked-50-nifty-points/


EOD nifty  chart is trading at pivot level .


trade in Nifty futures as per these levels for intra trades


Buy at / above: 6123   Targets: 6139 – 6159 – 6178 – 6198
Stoploss : 6103
Sell at / below: 6103   Targets: 6087 – 6067 – 6048 – 6028-5992
Stoploss : 6123


Yesterdays  Chat room action after 5 PM see here  http://dhanvarsha.in/chatroom/


16 Oct 13, 05:16 PM


[×] [o] admin: SELL nat gas at 237.70 238 sl 239.20 target 237.10 236.20


16 Oct 13, 06:55 PM


[×] [o] admin: natural gas traded at target  1 BOOK 50 % here


16 Oct 13, 08:20 PM


[×] [o] admin: natural gas traded at 236 both targets  done


ng16


[×] [o] admin: SELL crude at 6284 90 sl 6316 tgt 6262 32 trading at 6285


16 Oct 13, 09:45 PM


[×] [o] admin: crude call sl triggered loss 3000/- per lot


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do your home work before initiating trade