Intraday NiftyFutures

NiftyJun Futures-Trading levels for 30/05/2014

Nifty faces stiff resistance below 7339 and may get support between 7275 and 7265.
If supports can't hold, targets of 7247 and 7232 expected

In case market crosses resistance @ 7339 ,upside targets are 7350 and 7370.


Live Trading details will be posted during Markethours.

http://www.traderji.com/images/smilies/thumbsup.gif

Morning 9.20 shorted 4 Lots NF @ 7260
Booked 2 Lots @ 7247
Trailing stoploss Hit for 2 lots @ 7242
Booked Intrady profit 60 points on 4 Lots

Now again Shorted NF 4 Lots @ 7260
Stoploss @ 7339

Stoploss Modified to 7310

Stoploss modified to 7294
http://www.traderji.com/images/smilies/thumbsup.gif

Targets are 7247 and 7232

r u want profit only 15 to 25 points, on loosing (sl) 60 points?

i am never bothered about small profits. even if initial stoploss a bit high i am following a trailing one.
I am satisfied with small consistent profits.
Till now this method feels comfortable to me

planning to close all positions at Target 1 (7247)

stoploss trailed to 7285

7247 looks difficult. better make it 7251