AUTOMATED TRADING

AUTOMATED TRADING

24 August 2012

NIFTY UP DATE

All of you would be thinking that all bullish sentiment has changed now, but not like that. Use dip to buy. Market was extremely overbought and it is trying to get rid of them.
Yesterday we recommended to buy nifty at opening bell but soon our stoploss hit.
Fii  sold Nifty future worth rs -3.75 crores and nifty future was up by 4 points and open interest has increased indicating that Fiis have done only intraday trading and they have still keeping theirs long.
So dont be panic and use the dip to buy. I think Nifty will try to close above 5400 level and if it happen it will be good sign.

RECOMMENDATION FOR TODAY:-
 BUY NIFTY SEPTEMBER FUTURE BETWEEN 5404-5414 AND GO FOR HOLIDAY AND DON'T WORRY AND BE HAPPY.
BUY AGAIN NIFTY AUGUST 5300 CALL AROUND 98 LEVEL AND STOPLOSS WOULD BE 68.
BUT DONT TRY DO MISTAKE LIKE YESTERDAY YOU HAVE DONE.
DONT PLACE STOPLOSS ORDER IN SYSTEM SO EARLY. IF PRICES COME NEAR OR 10 POINTS ABOVE YOUR STOPLOSS THEN PUT THE STOPLOSS IN THE SYSTEM.
YESTERDAY YOU ALL WERE KEPT STOPLOSS AT 5410 AND MARKET FELL IN FIRST FASE RIGHT AT 5410 AND STOPLOSS HIT.

MUST SEE THE WEBSITE AT 3.15 PM TODAY OR IF NOT POSSIBLE TO SEE THE WEBSITE MUST CALL ME.

Disclamer:-

Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Futures and Options markets. Don't trade with money that you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell Futures or Options.

The contents of this site are for general information purposes, only. The strategies/plan discussed above in this thread/site is made by me based on data which is operated and maintained by third parties. However it is tested and proved every attempt has been made to assure accuracy, but it is by me only. We assume no responsibility for errors or omissions. Examples on this site and in the manual are provided for illustrative purposes and should not be construed as investment advice or strategy. The future data manual is for informational purposes only. These predictions/tips are technical , based on charts conditions ONLY. This is only a guideline, the decision has to be taken after logical thinking by you. Technical analyst and astrologist will not be liable for any personal or financial losses or profits.

The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

By your act of reading this independent and individual market research, you fully and explicitly agree that Rajesh Singh or My website (www.niftyeyes.blogspot.in/www.niftyeyes.in) will not be held liable or responsible for any decisions you make regarding any information discussed herein. Take a proper advice from a certified adviser before invest in future and option market.