WILL TRY UPSIDE ABOVE TODAYS HIGH 5553......for
HIGH CHANCES OF ONE SUDDEN SELLING COMING IN 5583-5635-5678 RANGE .....BE ALERT
5518--5508--(5497-5480) BOUNCE BACK LEVELS
STRONG MKTS DONT BREACH 5518.WEAK BELOW 5480 OPENS ----
5463 low of today opens 5409 (STRONG MOVE WONT BREAK THIS)-5365—5321—5258 (Gap supp) BOUNCE BACK POSSIBLE --(5303-5248)
Avoid Crossovers happening in first 15 minutes of the trading day.
Buy above High or sell below Low made on 17/02/2011 or (above New High/Low ) if crossovers of High or Low made above or below in first 15 minutes.
Keep 17/02/2011 or Previous Day High & Low stop losss as per the trade.
Normally you wld get 2% to 5 % or above in few cases in two consecutive days.
Sq of the trade at reasonable profit on same day or max on second day.
Try to trade minimum 2 contracts & try to to exit in one contract early and ride the rest.