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Saturday, August 11, 2012

SGX NIFTY-5327 is Crucial Support

Even if you make a lot of mistakes in your trading business, you’ll still be net profitable at the end of the year if you simply do two things right; cut your losing trades as soon as they hit their stops and let your winners ride until there is a technical reason to sell. The challenging part, of course, is applying this in actuality, not only understanding it theoretically.
Last close :5345
Hurdle for Monday @ 5358-5363
Decisive Crossover above 5363 will take to 5381 level.
Support at 5327
Decisive Break below this level with volumes and trades for 15-20 minutes will take to 5286-5272 level !!
Short Term Traders :If Trades above 5275 level…………..No worry for Bull’s !!
Major Hurdles at 5427—————-5484 level.
-More Details on Monday Morning to our Subscribers.

BHARTIARTL - - BUY FOR TGT 272

 
BHARTIARTL : 3 YEAR SUPPORT REACHED. DOJI FORMATION. 
Stop Loss : 250 Target : 272 (Short term)