Thursday, October 8, 2009

Nifty Premarket View

It could be a triangle 4th wave or a simple flat correction..Not going to be a bearish zigzag. So trade those points. Hold longs above 5080/5100 or from 4920-4940 as the main trend(week) is still up.

2 comments:

subrat said...

SIR PLS DISPLAY YOUR CONSERVATIVE AND AGGRESIVE TABLE WITH POINTS IT IS GREAT HELP FOR ME.

fundooguysus said...

dear ilango
iam a frequent reader of ur blog . i want to ask one thing that how this premium of nifty futures is decided. one moment its in premium and the other moment it is in discount . moreover it fluctuates sometimes 15-20 points in one or two minutes. does this thing indicate us something as a trader, can we take a clue from it?

Post a Comment

Retracement strategy, a must for traders.

 Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...