Nifty Futures Intraday Trading Report June 17, 2011

A good day with the contract following the laws of supply and demand in a beautiful manner. I had shorted the contract in between 5410 and 5400. This trade got squared off in between 5380 and 5390. I shorted once again in between these levels and allowed the system to square off in between 5370 and 5380. The last trade was a scalp trade, though.

The contract touched an intraday low which lay in between 5350 and 5360. Yet, I did not square off at those levels. Why? The query is natural and I will be updating details regarding it – in a separate post (which I will be creating tomorrow).

Until then, have a safe and merry weekend.


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.

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