nifty f&o trading tips f&o trading tips for month february 2010

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Disclaimer - Trading in Nifty Future contract derivative is risky, so www.daytradingshares.com should not be held responsible for any losses occurred during Nifty Future trading.
Trader has to take their own responsibility to trade on Nifty trading tips provided on our website.
www.daytradingshares.com should not be held liable for any losses occurred during Nifty Future trading.

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Sharadha Investments

Day and Date	Nifty Trading levels given	Target achieved	Profit for one lot (one lot = 50 qty)	Profit for two lots (two lots=100 qty)
Friday, 12 Feb 2010	Markets are closed due to hoilday for "Mahashivratri"
Thursday, 11 Feb 2010	R - 4790 - Nifty opened above Resistance so levels changed to 4850 at 11:41 AM. S - 4700 - Nifty opened above Resistance so levels changed to 4780 at 11:41 AM	Neither Resistance Nor Support is broken - Nifty went up till 4849 and down till 4782.	NIL	NIL
Wednesday, 10 Feb 2010	R - 4850 - change to 4820 at 10.05 AM. S - 4740	Resistance at 4820 was broken but target did not achieve. Nifty went up till 4823.	Loss of Rs 2000	Loss of Rs 4000
Tuesday, 09 Feb 2010	R - 4790 S - 4700	After breaking Resistance of 4790, Nifty went up till 4818. According to our strategy profit booked at 4810.	Rs 1000	Rs 2000
Monday, 08 Feb 2010	R - 4790 - changed to 4755 S - 4690	1) After breaking Support of 4690, Nifty went down till 4667. According to our strategy profit booked at 4870. (Short sell call) 2) After achieving the target on short sell, the resistance level is changed to 4755 and sent to our subscriber through SMS. Nifty also broke the Resistance at 4755 and went above 4800. According to our strategy profit booked at 4775. Profit of 20 points.(Buy call)	Rs 1000 Rs 1000	Rs 2000 Rs 2000

Day and Date	Nifty Trading levels given	Target achieved	Profit for one lot (one lot = 50 qty)	Profit for two lots (two lots=100 qty)
Friday, 05 Feb 2010	R - 4800 S - 4700	Support at 4700 was broken but target did not achieve. Nifty went low till 4687.	Loss of Rs.2000	Loss of Rs.4000
Thursday, 04 Feb 2010	R - 4955 S - 4890	After breaking Support, Nifty went down till 4824. According to our strategy profit booked at 4870. Profit of 20 points.	Rs 1000	Rs 2000
Wednesday, 03 Feb 2010	R - 4900 S - 4800	After breaking Resistance, Nifty went up till 4949.90. According to our strategy profit booked at 4920. Profit of 20 points.	Rs 1000	Rs 2000
Tuesday, 02 Feb 2010	R - 4955 S - 4900	After breaking Support, Nifty went down till 4807.05. According to our strategy profit booked at 4880. Profit of 20 points.	Rs 1000	Rs 2000
Monday, 01 Feb 2010	R - 4855 S - 4800	After breaking Resistance, Nifty went above 4900. According to our strategy profit booked at 4875. Profit of 20 points.	Rs 1000	Rs 2000

Day and Date	Nifty Trading levels given	Target achieved	Profit for one lot (one lot = 50 qty)	Profit for two lots (two lots=100 qty)
Friday, 19 Feb 2010	R - 4850 S - 4805	1) Support at 4805 was broken but target did not achieve and stop loss at 40 points has been taken. 2) Resistance at 4850 is broken at target achieved of 20 points. Today net loss is of 20 points = 40 points stop loss - 20 points profit	Loss of Rs 2000	Loss of Rs 4000
Thursday, 18 Feb 2010	R - 4930 S - 4850	Neither Resistance Nor Support is broken - Nifty went up till 4914.80 and down till 4873.05.	NIL	NIL
Wednesday, 17 Feb 2010	R - 4950 S - 4885	Support broken but target did not achieve. We have sent a SMS at 3:00 PM to maintain the stop loss at 4920 or exit below this level. The stop loss at 35 points taking 4920 level.	Loss of Rs 1750	Loss of Rs 3500
Tuesday, 16 Feb 2010	R - 4850 S - 4790	1) Support at 4800 was broken but target did not achieve and stop loss at 40 points has been taken. 2) Resistance at 4850 is broken at target achieved of 25 points. Today net loss is of 15 points = 40 points stop loss - 25 points profit	Loss of Rs 750	Loss of Rs 1500
Monday, 15 Feb 2010	R - 4850 S - 4790	Support was broken at 4790 but target did not achieve. We have sent an SMS to all our subscribers, at 3 PM, to square off the trade when Nifty was trading below 4800	Loss of Rs 500	Loss of Rs 1000

How to trade on Nifty tips?
1. R = Resistance = is the buying price
2. S = Support = is the selling (short sell price) price.
3. Stop loss at 40 points after breaking either level.
After breaking either level 20 points move is expected. Traders with very low risk can take profits of 15 points.
We advice not to trade during market closing time especially during last 10 to 15 minutes.

Profits earned in February (till 26 Feb 2010)
For one lot profit earned = Rs 2000 - Loss of Rs 2000 = No Loss No Profit.
For two lots profit earned = Rs 4000 - Loss of Rs 4000 = No Loss No Profit.
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.

Tips provided for 18 days (In a month February there are 19 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 14 days.
On Friday, 12 Feb 2010 - Markets are closed due to hoilday for "Mahashivratri".
On Thursday, 18 Feb 2010 - Due to uncertainty in market direction, Nifty intraday trading levels are not provided. Today’s, Nifty trading range was only 43 points.

Day and Date	Nifty Trading levels given	Target achieved	Profit for one lot (one lot = 50 qty)	Profit for two lots (two lots=100 qty)
Friday, 26 Feb 2010	R - 4895 S - 4805	After breaking Resistance of 4895, Nifty went up till 5002. According to our strategy profit booked at 4915. Profit of 20 points.	Rs 1000	Rs 2000
Thursday, 25 Feb 2010	Due to uncertainty in market direction, Nifty intraday trading levels are not provided. Today’s, Nifty trading range was only 43 points.
Wednesday, 24 Feb 2010	R - 4900 S - 4825	Neither Resistance Nor Support is broken - Nifty went up till 4884 and down till 4842. So the total Nifty trading range was only 40 points throughout the day.	NIL	NIL
Tuesday, 23 Feb 2010	R - 4890 S - 4805 - Changed to 4855 at 10:32 AM	Neither Resistance Nor Support is broken - Nifty went up till 4889 and down till 4856 after changing Support. So the total Nifty trading range was only 33 points throughout the day.	NIL	NIL
Monday, 22 Feb 2010	R - 4950 S - 4900	After breaking Support of 4900, Nifty went down till 4849. According to our strategy profit booked at 4880. Profit of 20 points.(Short sell call)	Rs 1000	Rs 2000