market should go up.... sorry 4 the delay net issues
this is intraday tip. Once trade is initiated, book profit according to your risk exposure and appetite. maintain strict Stop loss.
I also follow Moving averages on chart for short term i use sma 3 and sma15 combination, for entire day i use sma8 and sma 34 sometimes sma 50.
when price(rises) cuts the sma's from bottom, i go long.
when price(falls from top) cuts the sma's frm top, i go short.
I will explain my daily strategies in detail in (learning segment)
| NIFTY - CE - 5600.00 (25-Aug-2011) |
| Signal | Signal Price | Stop Loss | Target-1 | Target-2 | Target-3 |
| Buy | 61.5 | 55 | 75 | 86 | 96 |
Never go for web based interface for trading
Always use software based terminal and lowest brokerage for options.
INR opened down and traded flat since then, it could come further down in future trading sessions. Currency exchange will also bring in changes in the share prices of certain sectors like IT and Pharma. Weak INR is not good for the economy as it puts pressure on the imports, which increases CAD (current account deficits). Prices are too moves up due to depreciation in domestic currency.
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