DISCLAIMER

DISCLAIMER-All the views and contents mentioned in this blog are merely for my personal use,and are not recommendations or tips.i do not accept any liability/loss accuring from the use of any content from this blog.All readers of this blog must rely on their own discreation and neither any analyst nor any publisher shall be responsible for the outcome.

Monday, October 10, 2011

10-10-2011 trading strategies

Nothing new

NIFTY-hold nifty buy position initiated in between 4740 to 4780 zone, up to tgt lvl 5050 zone.trailing stoploss is 15 minutes candle close below 4960...cmp is 4988.current MTM profit is more than 200 points.

 GOLD-wait for 1678,1680 spot  level for good shorting oppurtinity,short there keeping 2 to 5 $ as stoploss and  15 minutes candle close above this level.if stoploss than reverse your position.go for buy keeping stoploss below 1678,1679$ level spot price and 15 minutes candle close below it.
SILVER-sell silver with gold's sell signal...reverse your trade with gold's level if your stoploss trigger.

Those who are working in MCX follow this trading strategy with prevailing price in indian rupees  at the time of gold at 1678$,1679$, spot...for both gold and silver...