Wednesday 26 August 2015

Trading Strategy For 27th August ’2015.Today All Eyes on 7908-

NF-RISKTRADE
There are things that stand out as principles I really need to hold to. One of them is that I need to forgive myself very quickly when I do something stupid. I can sit and hold previous mistakes over my head, and mistakes will compound if I do that. You have to be able to clear your conscience of the mistake you just made. If you beat yourself up and hold onto something, you’re going to make another error.
Last Close : 7800
Now SGX NIFTY at 7872 + 86 points.
ALERT-ASR
Watch :7899———-7908 as Hurdles !
Yes ,Stop of 7908 ………….Go short (If NF Opens around 7870-7880 ,Risk of 30 points )
Yes ,Above 7908 level if sustains for 15-20 minutes with volumes will take to 7942.
Once crosses 7942 with volumes and stays above (watch BLAST ) upto 7985-7995 in hrs only.
anything-
If Nifty Future ,Not Breaks low of  7665 level & Closes above 7942 level.
Sharp RALLY upto 8109—8164 not ruled out !
5th Trading session :UNEXPECTED level.
Support at 7744-7723

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