Google+ VIEWS FOR 03-06-2009. A NEW APPROACH. ~ NIFTY DEMYSTIFIED

Wednesday, June 3, 2009

VIEWS FOR 03-06-2009. A NEW APPROACH.



So for the coming session,

Supports: 4510/4495... below that 4476-4451 and 4435 possible.
Resistances: 4542/45.. above that 4568-4585-4613-4641 possible.

(All Future levels, 5&15 minutes charts attached)
Happy trading!
Please comment on the new style of posting that it can be improved/adjusted further.
Thank you.
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4 comments:

  1. Satyam,
    Your calculations of supports and resistances are perfect. Today, Nifty took support at 4479 and rose till 4540 or so. A nice rise of 61 points . Unfortunately, I missed the rise due to my habit of watching nifty graph on NSE terminal every 15 minutes, and analysing and extrapolating. What is your advice in this respect?
    Thanks
    ttthakur

    ReplyDelete
  2. satyam,
    great charts....
    i have another query,extremely sorry to bug you so much..
    http://www.inditraders.com/showpost.php?p=16057&postcount=230

    thanks and all the best.
    SK

    ReplyDelete
  3. Sir, thank you so much for your kind comments. Sir from my experience I can say that a vigorous and continuos technical approach may not lead you to a successful trading decision. I am certainly not discouraging you from analzing charts as this is the only tool from which you can get the tradable informations. But a trading decision should not come in way of your decision making process at the market time. So I would suggest to prepare yourself before the market and concentrate more on the trading opportunities at the Real Time environment. This was same thing affected me from getting into and out from the market for a long period of time. A strategical and planned approach will help you to get rid from those hesitant times.
    Thnak you.

    ReplyDelete
  4. Satyam
    thanks for your thoughtful advice.
    Hope everything is well with you.
    Y your post is missing today?
    ttthakur.

    ReplyDelete