Sunday, April 26, 2009

Rules to follow ALWAYS

Rule No. 1
Daily Technical Report for Nifty & Stocks, picked spcially for short term traders & intraday traders. All the stocks given below are NSE Stocks and levels are according to cash market and NOT as per futures market.
Rule No. 2
Intraday range is an average movement epected movment on that purticular day for that spcific stock. After 20 minutes of trade, in a positive market, you can safely take low as a base and calculate the range on upside and exectly opposite on a downday. ( After 20 minutes of trade, take high as a base price and calculate the range on the downside.
Rule No. 3
During the first minute of the market time, if any scrip given here achieves 1st & 2nd target levels OR hits the SL, then avoid trading in that scrip for that purticular day.
Rule No. 4
If the Stock(s) given for appx. 2 / 3 day's trading, achives 4 to 5 % gains within 3 days, you are strongly advised to trade & ride the stock with proper Trailing Stop Losses.So Please keep these four things in mind ALWAYS and trade with strict StopLosses, Happy Trading.

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