Nifty Futures Intraday Trading Report July 05, 2011

Another day when I lost money to the markets. I entered long in between 5640 and 5650. Despite showing high potentials for an upmove, the trade got squared off for a loss because the contract hit a low of 5628. I had placed my stop loss in between 5630 and 5640.

Anyway, I got a chance to re-enter the trade once again in between the same levels. However, after about touching 5662, the value of the contract fell back to 5650 levels. This was where the trade was squared off for a minor profit.


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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: