Wednesday 28 March 2012

Nifty Future Intra Day Trading Levels 28March

Upper Trading Range

Sell Below 5281.13 stop and reverse 5310.52


Lower Trading Range


Buy Above 5222.37 stop and reverse 5192.98


How to Trade the Above Levels

Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.

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Nifty Future Swing Trading

 System has triggered a LONG trade @ 22255 1st target- 22558, 2nd target- 22862 Stop Loss- 21950