Stocks Commodity Research: NSE F&O IntraDay Trend - 03May2012

The Basic Golden Rules of Trading ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Always be a disciplined trader. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Price is what you pay. Value is what you get. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never trade on news or rumors, always follow the levels, remember, news does not make levels, it just triggers levels. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never ever enter a trade where the risk to reward ratio is less than 1:4. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never get panicked or exited by the happenings on the screen, stick to the levels and stop loss, else you’ll always end up loser. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------80-20 rule→Always remember 80% of the profit from trading will come only from 20% of your trades. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Be consistent and systemic→A trader has to be systemic and consistent in his trading. Only a consistent trader can make most out of the available opportunities. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------No prediction→One can never know in advance which of his trade will end in a loss or profit. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Follow the trend→Always follow the trend. Follow the price and never ever expect market to follow you. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Big profits & losses (a part of trading)→Hold your profit making trade till your trailing stop loss hit. Same way, Enter in your trade with proper stop loss and close your trade when ever your stop loss hits.------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

03 May 2012

NSE F&O IntraDay Trend - 03May2012

Focus ComTrendz

>>--< FCT >--<<

NIFTY-I

PCP : 5246.95

Daily Trend

Pivot Point : 5261.6

Support : 5228.9

Short BreakOut : 5210.8

Trgt : 5181.6 - 5163.6

&

Resistance : 5265.0

Long BreakOut : 5283.1

Trgt : 5312.3 - 5330.3

Expected Range

5209 - 5274

>>---<>---<<

NIFTY-I

>>--- In the Range ---<<

Buy around : 5228.9 - 5219.9 StopLoss below : 5210.8 for Target : 5240.9 - 5259.0 - 5265.0

&

Sell around : 5265.0 - 5274.0 StopLoss above : 5283.1 for Target : 5253.0 - 5234.9 - 5228.9

>>--- If BreakOut ---<<

Buy around : 5283.1 StopLoss below : 5265.0 for Target : 5312.3 - 5330.3

&

Sell around : 5210.8 StopLoss above : 5228.9 for Target : 5181.6 - 5163.6

>>---<<>>---<<

BANKNIFTY-I

PCP : 10271

Daily Trend

Pivot Point : 10296.0

Support : 10234.4

Short BreakOut : 10197.8

Trgt : 10138.6 - 10102.0

&

Resistance : 10307.5

Long BreakOut : 10344.1

Trgt : 10403.3 - 10439.9

Expected Range

10190 - 10323

>>---<>---<<

BANKNIFTY-I

>>--- In the Range ---<<

Buy around : 10234.4 - 10216.1 StopLoss below : 10197.8 for Target : 10258.8 - 10295.3 - 10307.5

&

Sell around : 10307.5 - 10325.8 StopLoss above : 10344.1 for Target : 10283.1 - 10246.6 - 10234.4

>>--- If BreakOut ---<<

Buy around : 10344.1 StopLoss below : 10307.5 for Target : 10403.3 - 10439.9

&

Sell around : 10197.8 StopLoss above : 10234.4 for Target : 10138.6 - 10102.0

>>---<<>>---<<

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