Quotes with Resistance & Support
Market Information

Intraday calls for 09-11-12

Posted on: November 9th, 2012 at 8:25 am

Markets likely to open flat, Support for Nifty at 5680, resistance at 5760

Buy MT Educare around 108-110, Target: 116, SL 106 – (Book profit in MT educare at 112)

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760 Responses

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  1. Priyanka Says:
    November 9th, 2012
    Posted at: 11:36 pm

    Hi NH, You are referring to futures or options?


  2. NH Says:
    November 9th, 2012
    Posted at: 11:36 pm

    Hi Mahender - You are correct. Lets work around this strategy also. We are in LKG, lets learn new things like this which will help ts to achieve our long term goal. What do you say?


  3. NH Says:
    November 9th, 2012
    Posted at: 11:38 pm

    Options. And spot support & resistance.


  4. Priyanka Says:
    November 9th, 2012
    Posted at: 11:43 pm

    Hi NH, yes with an eye on support/resistance levels and current market trend, we can almost make a profit of 5-6 points without much difficulty....But a trader's greed will not allow him to exit at that point....


  5. Priyanka Says:
    November 9th, 2012
    Posted at: 11:45 pm

    Hi Mahender, Most welcome


  6. Mahender Says:
    November 9th, 2012
    Posted at: 11:46 pm

    Hi NH, Nothing is impossible.

    It is only possible for anyone if they have good discipline, and good money management skills. Take the emotion out of trading.

    If you think you got those two... don't wait to build a basic strategy and back test it first.
    Intraday Trading is the best thing to do in trading ... but downside is Very high Risk. with Very Good Returns. :)

    damn Both go hand in hand ... :)


  7. NH Says:
    November 9th, 2012
    Posted at: 11:47 pm

    Hi Priyanka - Yes, we will have to overcome greed & fear before going to impliment this strategy.


  8. NH Says:
    November 9th, 2012
    Posted at: 11:51 pm

    Thanks Mahender. Lets all grow together.


  9. Priyanka Says:
    November 9th, 2012
    Posted at: 11:54 pm

    Hi NH, Ya correct.What SL will you keep for this trade ?


  10. NH Says:
    November 9th, 2012
    Posted at: 11:55 pm

    Good night.


  11. NH Says:
    November 9th, 2012
    Posted at: 11:58 pm

    Hi Priyanka - Not yet thought of yet. Will have to work more on this. Lets discuss further next week. Happy week end.


  12. Mahender Says:
    November 9th, 2012
    Posted at: 11:59 pm

    Hi NH, I wish you all the best.

    Don't forget to share your success and knowledge with us and others.


  13. Priyanka Says:
    November 10th, 2012
    Posted at: 12:01 am

    Hi NH, happy weekend...GN... Take care..


  14. Mahender Says:
    November 10th, 2012
    Posted at: 12:02 am

    Hi Priyanka, Good Night.
    Happy weekend. Take care of you.


  15. NH Says:
    November 10th, 2012
    Posted at: 12:02 am

    Hi Mahender - Sure. I am learning in NSEGUIDE School.


  16. Priyanka Says:
    November 10th, 2012
    Posted at: 12:06 am

    Hi Mahender, Happy weekend....GN..Take care..

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