Nifty Futures Intraday Trading Report February 25, 2011


Today, I had to wait for the major share of the day to touch the designated support levels. I entered long between 5250 and 5260. The system auto-squared off between 5300 and 5310 (although the contract touched 5320 to 5330 levels).

Afterthoughts:

This was an exciting day with nifty futures contract running haywire all day long. Someone great once proclaimed that it is possible to study the levels of greediness upon pondering over stock market charts. Look at the official chart of the nifty to understand the relevancy of that statement. As always, most of the traders had no clue to what was happening. They were buying when they were not supposed to and vice-versa.

I hope the intelligent traders too enjoyed a profitable day.

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One Response to Nifty Futures Intraday Trading Report February 25, 2011

  1. I really appreciate your post and you explain each and every point very well.Thanks for sharing this information.And I’ll love to read your next post too.
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