Thursday, February 9, 2012

PreOpen Based Nifty Future Intraday Trade Plan- 9 Feb


Today’s  My Nifty Future Trade Plan based on PreOpen Values.

How Do I trade Using This?

These are Mechanical Levels.

  • As Per Recommendations I trade Only Fresh Trades.
  • Never Catch Running Trades.
  • I Book Part Profits As Per Targets.
  • All Levels Are Spot Levels.

 

Keep Eye On These Levels for Today’s Session:-

TraderAdda Support Level      :- 5316, 5293

TraderAdda Resistance Level :- 5390, 5420

TA 9Feb12 NF

Performance Update for at 3.30 PM:-

Nifty Sell triggered at 5350.10 and made   TGT T2 5340.60 (Low made 5338.90) and made 9.50 points in Sell side. 

Again Nifty Triggered on Buy Side at 5386.20 and made TGT T2 5412.80 (Missed our TGT T3 5424.90 marginally… High Made 5423.40) and made 26.60 points on Buy Side.

Points Today:- 33.20

Profit in Rs:-    Rs 1805/- in One Lot Only.

We consider only Targets Achieved

(Or SL Hit).

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9 comments:

sara on February 9, 2012 at 10:09 AM said...

Hi Sam,
Its almost an hour past open.. Nifty trade in between the entries. Is this level valid through the day? or you look up to certain time limit?

Regards
Saravanan

SAM on February 9, 2012 at 10:30 AM said...

These level are valid for whole day .. for fresh trades.. and only one trade.(for new people) Experienced can play with the levels combined with other TA parameters that suit for them.

sara on February 9, 2012 at 11:46 AM said...

Entered long after cross your level plus above date pivot also

SAM on February 9, 2012 at 1:12 PM said...

Which level... my buying level is only above 5386 Nifty Spot....

sara on February 9, 2012 at 1:42 PM said...

Oh my god...
I thought its Future price you quote for the trade... now i corrected myself..

SAM on February 9, 2012 at 2:00 PM said...

Dear Saravanan,

I want to suggest you one thing... you do everything very hurriedly.
You just see the Levels in the IMAGE... not read all of my points I have given... where it is clearly mentioned that all levels are Spot Levels.

I have shorted Nifty tree time from morning... and booked profits every time.

After all we are here to make money.

Don't make hurry... markets are there forever. If one opportunity gone next will come. Hope this will help you.

sara on February 9, 2012 at 3:08 PM said...

Sam Thanks for your understanding,
I lost my hard earn money like this, without understand properly.
Stop here to trade and do paper trade for a week with your level then start slowly with real money.
Have you add more position when nifty spot moved above 5350 ie. sell entry point?
Regards,
Saravanan

SAM on February 9, 2012 at 3:16 PM said...

Dear Saravanan,

Presently I am long with predefined levels...n I also booked my part
profit of 45 points..

Always look for the next opportunity... when previous trade goes wrong.. forget about it.

You have seen you have again got chance to ENTER the longs again at 5386 ... if taken you would have cleared todays loss and also may be in profit.

sara on February 9, 2012 at 3:53 PM said...

Yes.. that's true, have to develop that kind of attitude..

Thanks a lot Sam

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