Nifty Fu Intraday Premarket call for 18th Dec'09

Infosys Fu EOD chart... Bearish AB = CD and Bearish CRAB pattern

INFOSYS is trading of its Life time High value (Earlier High was 2400 on 02.19.2007). So, trade with your own risk with maintaining proper SL.

Nifty Fu Live chart view

How to trade on my Intraday call

Hello Ghosh Sir,
I am watching your blog from last few days. your work is very much appreciable. Ghosh Sir, you have very much patience to do this much home work every day apart from your regular daily office work.
Kindly advise how to trade on your nifty levels. There are two rows, one OCT break out and other Dec Nifty. When to take position in either of them? Also, once target 1 is reached, how to go further? should we make cost price to SL as trailing stop loss? Kindly suggest.

Thanks,
Jayasheel.

Dear Jayasheel,

Thank you for your comment, as it is the 1st comment I received in my blog. Let's come to the point..."HOW TO TRADE ON MY INTRADAY PREMARKET CALL"

1. There are 4 levels I used to post daily based on Premarket analysis. Buy, Sell, Break-out and Break-down

2. I recommend you to trade with 3/4 lots (As per your capacity) of Nifty Fu (Personal opinion to trade with Mini Nifty lot). Always try to trade when market is nearly my recommended trigger price (consider +/- 2/4 points). After achieving 1st tgt, SL will be revised at BUY / SELL price (For conservative traders) / SL will be revised after achieving 2nd tgt (For risky traders).

My personal opinion to all, Trading is more Mechanical than Emotional..

Thanks & regards,

Shirshendu Ghosh

Nifty Fu Intraday Premarket call for 17th Dec'09

Nifty Fu Premarket view for 17th Dec'09

There is strong resistance at 5072. Above that Nifty Fu may Hit 5106 and 5127.Also read my earlier post where I told, Nifty Fu form Bullish AB = CD Pattern in 5 min chart and we expect some up-move today. See the result.

Bullish AB = CD Pattern in Nifty Fu

Nifty Fu formed Bullish AB = CD Pattern in 5 min chart. So, we can expect some up-move tomorrow...

Nifty Fu Intraday Premarket call for 16th Dec'09

Intraday Market view... 3rd graph...

Look what I told in the running market and in Premarket call... In premarket call, 1st tgt was 5052 and 2nd tgt was 5025... In running market, I also show you, how Nifty achieve these 2 levels within very short time.

NIFTY Fu Live chart.... Review

Have a look at my earlier post at 12.11 P.M. Told, violation of 5085-90 level, Nifty may come at 5050 level. And till time, Low is 5051.2. So, Trade Technically... Not emotionally... 

NIFTY Fu daily chart pattern

Nifty Fu current chart pattern. There are multiple button at 5085-5090 level. Violation this level with volume, Fifty may show 5050 and 5025 level.

Nifty Fu Intraday Chart...

Nifty Fu Intraday Premarket call for 15th Dec'09

Nifty Fu Head & Shoulders Pattern in Daily chart

Nifty Fu Intraday Premarket call for 14th Dec'09