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Thursday, 16 July 2015

In this week our levels given almost 190 points. Shekhar's Tech




Nifty Intraday/Day trading levels-
17.07.15


As rules- Take any entry/exit by filttering of 2-2.5 points even for reverse...
                      Check accuracies in a month atleast.

Rules for more points and  double trade by these levels.
                      For buy targets...can sell with stop loss of +10 points from 2nd target
                      Same as reverse ,
                      For sell targets...can buy with stop loss of -10 points from 2ndt target


Buy Abv. 8611 With SL 8591 For Targets (8654)- (8670)

Sell Below 8591 With SL 8511 For Targets (8547)- (8531)


Follow ups-
9:31 AM
can sell here around 8651 50%
9:44 AM
the trader who has sold near buy target they can keep almost 30 points in pocket and revers the call go for long as level...
9:58 AM
how many gone for long ...above 8611+2=8613
9:59 AM

Now ready for Sl and TRGTS... glasses emoticon Keep patience and belive in system's level ang go ahead till month ...

12:40 PM

keep 25 points and exit finally near 8636 from call.


12:40 PM

keep 25 points and exit finally near 8636 from call.
12:53 PM

Now total profit is 30+25=55 points

Got both side traded points 55


Why Traders Loose Money in Market..?




1. Trading without any Trading Method:
Yes you do not know the market. You are predicting blindly. You do not know what the trend is. You don’t trade; you just gamble which most of the time leads to heavy and continuous loss.

2. You Don’t Count the Risk, You Count the Profit:

You always trade without counting the risk on amount you have invested. You should fix your loss and let the profit limitless. But in real life, by not managing the risk, you will never in the position to curtail down your loss.

3. You Just Believe the Analyst or Fraud Tips/Softwares Providers:
Will you carry a business that you don’t know anything about? Obviously you will not. Then why are you trading when you don’t know anything about the market? Then why are you trading at analyst’s call? Analyst is not a trader. An analyst can not understand the problems, feelings, emotions and greed of the trader. Ultimately their tip can lead you to the devastating loss.

4. You don’t Reinvest Your Profit in the Market, You take the Money Out: 

This is the most common mistake done by every trader who is in the loss over the years. You run for profit booking and then take the money out.