Monday, February 15, 2010

Nifty Future Swing Level for 16 February 2010

We have sold Nifty Future at trigger price of 4831 (as 4841 level for short did not trigger) after exiting the earlier long position. So for Nifty Swing, next call is :

Buy Nifty Future at 4834 on 16/02/2010 and Hold. If Nifty Future triggers at 4834, then place stop loss 50 points below this level for double lots. The stop loss will be valid for 16/02/2010 only.