NIFTY OUTLOOK (14th August, 2012)

Nifty Bounced Back: Will It Break Trend Line Resistance?

The NSE Nifty spot closed at 5348 with good buying pressure. As indicated in yesterday's report, Nifty spot showed the upside movement and it was given better idea as buy in deeps. Now, this is the time to break the trend line resistance to move forward. If we analyze the lower indicator stochastic, it is showing the negative diversion for favorable movement and will cut soon from the level of 70 which is nearer to overbought situation. Whereas, MACD is supporting the view of positive movement by fresh cut upward. This is the situation where intraday traders may face trouble to enter in long and short Nifty future position. They are not advised to trade in intraday for this day for safe trading. But, Nifty spot price line is having significant upside potential. Traders are advised to keep in mind the major resistance at 5397 which is a trend line resistance, indicated in given chart.

Happy Trading !!

Megha Investments & Research Team

NIFTY FUTURES and OPTIONS calls: by Megha Investments & Research Team

We have launched ASSURED PROFITS trading calls Scheme in NIFTY FUTURE, please click on below link for details,

http://www.tradeassure.com/2011/03/assured-nifty-scheme-now-with-assurance.html

MAIN FEATURES

• Main strategy is to keep risk of 10 points and earn 40 points daily. Thus, averaging between minimum 20 to 40 and try for even more average points profit daily for the month. 
• Mainly intraday nature calls will be advices.
• Please READ GUIDELINES GIVEN AT THE BOTTOM.

ANCILIARY FEATURES

• Updates are sent for all the trading sms given at any time.
• Premarket SMS of international markets update and expected opening of Indian markets. (common feature for all services)
• Premarket Trading calls depend on market conditions.
• The Week Gone By-Market this week summary sms sent every Friday Evening.
• The Week Ahead-Market expected move in new week sms sent every Monday Morning.
• Important News updates sent as and when.
• Short-term/Mid-Term/Long-term investment buy/sell/avoid recommendation sent as and when.
• Such other free value-added services-as sent to all paid members List.

FEE STRUCTURE:

Duration	Actual Fee Rs.	You Save Rs.	You Pay Rs.
1 month	5,000	-	5,000
3 months	15,000	3,000	12,000
6 months	30,000	7,500	22,500
12 months	60,000	18,000	42,000

COMPULSORY GUIDELINES FOR Successful TRADING IN INTRADAY NIFTY FUTURE

By www.meghainvestments.com,

1. Trade in Even lot sizes, i.e. 2 lots, 4 lots, 6 lots etc.
2. Trade with Advanced Limits placed OR Remain in front of the market screen.
3. Trade Daily. Try not to lose any trading day.
4. Trade with Uniform Quantity continuously for at least 1 Expiry.
5. Strictly follow levels.
6. Exit 50% at TP1, and rest 50% at TP2.
7. Make your Entry Price as your Trailing SL, for the rest 50% position, after TP1 is met.
8. The TRADING LEVELS will apply throughout the day, unless otherwise stated.
9. Usually our SL will be Only 10pts, and TP1 20 pts, and TP2 40 pts. Otherwise, it will depend on the volatility of nifty future.
10. You will receive UPDATES, STATUS, ALERT, INFORMATION, msges during the day.
11. At 3.30 pm, you will receive the gross, and net profit in points for the day.
12. Abbreviations/Shortforms-

Nf=nifty future

SL=stoploss

Tp1=target price 1

Tp2=target price 2

Abv=above

Below=below

Met=hit/achieved

Btw=between

Cmp=current market price

Discipline is the key to Professional trading !

                                    .Trade with Confidence.