Nifty Futures Intraday Trading Report March 21, 2011


This was a choppy day with the contract touching support zones and breakdown zones.

Trade 1: Bought in between 5400 and 5410. Target lay in between 5450 and 5460. Target not achieved.

Trade 2: Shorted when the contract touched 5380 – 5390 levels. Nothing spectacular occurred; the contract began scaling upwards to touch the buy zones mentioned in Trade 1.

Towards the closing hour, the contract touched the breakdown zones (Trade 2 levels).

All in all, it was a losers day!

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About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

2 Responses to Nifty Futures Intraday Trading Report March 21, 2011

  1. jacob says:

    is that you praveen/

    Like

    • Yeah 🙂

      Like

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