Kiran's Blog on Global Financial Markets

This blog is to post my views on Financial Markets and to post interesting promo schemes that come to my knowledge. Use your discretion while taking trading decisions, as it is your money at stake.

" Forex Trading Challenge" ON DEMO ACCOUNT. NO FEE. NO DEPOSIT

FREE Registration Here to win $$$.

" Forex Trading Challenge" ON DEMO ACCOUNT. NO FEE. NO DEPOSIT

Tuesday, 8 March 2011

NIFTY for 8th March 2011

13:27 IST: Closing bell... NIFTY Futures seems to be closing near 5540. Those who have not closed positions at 5544 (Open price was 5515) earlier can close now. Though contnuation  of this up move expected at tomorrow  's open also, over night risk is not adviceble at this point of time where there are lots of news about civil unrest etc are doing rounds.

14:43 IST: Current Price 5544 (Entry price was 5515), low risk traders can book profit (29 points)

14:41 IST: Not trending at enough speed, so move the Stop Loss to Break Even. Current price is  5532 and entry price was 5515

14:15 IST: High risk trades can buy NIFTY Futures now at 5515 with a stoploss at 5490

13:20 IST: Though everything looking "All is Well" at this time on the screen, charts are near -ve cross over. It will be interesting to see what do they do in next 30-60 minutes. Right now, NO trades, just observation. Patience pays

No comments:

Post a Comment