Day Trading Nifty Using Yahoo Messenger

This is the Yahoo messenger delivered service of the successful blog posts that I do on Mudraa.com : www.mudraa.com/singlepost.php?messid=91230

The Mudraa information is free information, while the one on Yahoo is an interactive guidance for live trading, targets and market directions with faster responses and immediate answers to any queries and personal guidance on specific trading issues, during and on request after market hours.

Essentially, the nifty day trading information service is a an intraday trading information service, where I post my live trades as they are done which can be replicated by those who are interested.

This includes stop losses and exit information on a continuous basis.

Should you be interested in obtaining this information during live market hours to help your own trading, you can connect with me at abnash1978 on Yahoo messenger or write me at abnash1978@yahoo.co.uk.

The service is offered at a subscription of Rs 1500 or 5% of your profits whichever is higher, with the subscription amount being paid at the beginning of the month (taxes extra, if applicable). Trial access for the service can be provided based on request. You have to agree to share contracts information or a monthly P&L from your trading software as part of joining this service.

For the month of June, this system has generated close to 800 points of net profit per lot of nifty with a trade success ratio of over 80%. Check out the Mudraa links for comments by actual users who are following my trades and then get in touch with me.

Camarilla Levels for 25-3-2011

Todays Nifty futures levels are :

High Target 2 - 5615
High Target 1 - 5586
Resistance 2 - 5559
Resistance 1 - 5535
Support 1 - 5487
Support 2 - 5463
Low Target 1 - 5436
Low Target 2 - 5409

Trading levels for today 23rd March

Yesterdays profit was between 47-60 points for a minimum of 1 and maximum of 2 trades.
Today two trades so far would give you 46 points, the first being a stop loss trade. And currently out of the market.
Todays levels
Higher target 2 - 5532
Higher target 1 - 5505
Resistance 2 - 5477 - add quantities for long any time nifty crosses this from below or kisses from above.
Resistance 1 - 5460 - go long if nifty crosses from below and add more quantity if already long.
Support 1 - 5426 - go long above this level and short below.
Support 2 - 5410 - add more quantity to short.
Lower target 1 - 5383
Lower target 2 - 5357

Always use stop profit for capturing maximum profits (10 points below high or 10 points above low for longs and shorts respectively). Always use stop losses whenever trade initiated. Its better to minimise loss rather than be sorry with heavy losses.

Have a great day.

Camarilla levels for 22 March 2011

Today is a positive day...Nifty fut opened at 5403.7, which is in between the Camarilla support and resistance. After twenty minutes, the charts formed a higher swing low compared to yesterday and the uptrend started.
The levels today are:
Resistance 1 at 5411 - Go long above this level for targets and breakout above 5429 to 5457 and 5458.
For any possible drop, short at 5411 for targets of 5375, 5356 (further short breakout) and targets of 5330 and 5303.

Have a great day,

Abnash

Camarilla levels for Nifty futures on 21-3-2011

Here are the day trading levels using the Camarilla method:
Resistance 1 and 2 are 5426 and 5457 respectively.
Supports 1 and 2 are 5364 and 5334 respectively.
Go long at any of the following:
Nifty futures kiss 5364 and start moving up or crosses 5426.
Add more qty at 5457 for targets of 5484 and 5512.
Go short at any of the following:
Nifty futures kiss 5426 and start falling down or cross 5364.
Add more quantity on crossing of 5334 for targets of 5307 and 5281.
Always follow the direction. Use strict stoplosses.

Add more quantity

Above 5545 Nifty fut...

Stay long...

Stay long above 5530 Nifty fut..