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Monday, August 8, 2011

Performance of August 8th NIFTY AUG FUT

Since Nifty Opened Huge GAP down I Updated Next Support levels for nifty around 9:30 as
I Updated Next Resistance levels for nifty around 9:35 as


According to me no clear-cut call was mentioned at 9:30-9:35. (But refer *)

Around 10 AM NIFTY Breached 5079 and tested Level of 5057

From then it started its upward journey and Achieved Level of 5208. (See the final Resistance level posted -5217)

By Gods Grace up journey 5079-5199)=120 point Profit.

Please note that for the sake of showing huge profits, I have not considered buy point as 5057 and TGT point as 5208 as no one can predict which is high which is low in advance.

*Who have attended investment class conducted by me on 3rd August 2011 will have an upper edge to use the levels given in much more better way to make more profit using Resistance as Support, Support as resistance concepts

i.e If you are MININIFTY trader Profit of Rs.2400 Or 21.8% within a day on investment of 11000. 
If you are NIFTY trader Profit of Rs.6000 Or 21.4% within a day on investment of 28000.

Bank deposit Gives Max.10% per annum..


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