Friday, December 31, 2010

NIFTY EOD Analysis as on 31st December 2010

Bias = Up
Support = 6020
Resistance = 6285
Holding since 21-12-2010.

Thursday, December 30, 2010

NIFTY EOD Analysis as on 30th December 2010

Support = 5955
Resistance = 6100 [Closed @ 6101]
Holding since 21-12-2010.

Wednesday, December 29, 2010

NIFTY EOD Analysis as on 29th December 2010

Support = 5955
Resistance = 6100
Holding since 21-12-2010.

Tuesday, December 28, 2010

NIFTY EOD Analysis as on 28th December 2010

Support = 5930
Resistance = 6100
Holding since 21-12-2010.

Monday, December 27, 2010

NIFTY EOD Analysis as on 27th December 2010

Support = 5930
Resistance = 6100
Holding since 21-12-2010.

Friday, December 24, 2010

NIFTY EOD Analysis as on 24th December 2010

Support = 5930
Resistance = 6100

Thursday, December 23, 2010

NIFTY EOD Analysis as on 23rd December 2010

Support = 5930
Resistance = 6100

Wednesday, December 22, 2010

NIFTY EOD Analysis as on 22nd December 2010

Support = 5930
Resistance = 6100

Tuesday, December 21, 2010

NIFTY EOD Analysis as on 21st December 2010

 Support = 5930
Resistance = 6100

Thursday, December 16, 2010

Wednesday, December 15, 2010

NIFTY EOD Analysis as on 15th December 2010

My Mistakes during trading on 15th Dec 2010

  1. Traded VIJAYABANK which was in downtrend on daily chart.
  2. My Entry was at the resistance level (96.45) according to Fibonacci level on 1 min chart when i entered. Wrong Entry on my part.
  3. I entered the trade without any confirmation.
  4. I did not use Stop Loss Today.
 I should follow the following points so as to avoid repeating these mistakes in future:
  1. Trade on the basis of trend. Watch the broader index.
  2. Enter at support, Sell at Resistance.
  3. Atleast use Volume or MA if you are using TA.
  4. Please use Stop Loss on all future trades so as to minimise your loss.  
VIJAYABANK [EOD]
VIJAYABANK [2 Min]

    Tuesday, December 14, 2010

    Friday, December 10, 2010

    Thursday, December 9, 2010

    Wednesday, December 8, 2010

    Tuesday, December 7, 2010

    Thursday, December 2, 2010