1800 +points profits we made in Banknifty future may 2010

Yesterday, we wrote where the market leading us to...?

Today it is confirmed further down.We gave pre-market alert that market will open in gap down and sell wherever it may open and do not go long in banknifty.We sold in 8990.00level and covered in 8910 level without stoploss...again we sold in 970 level and covered at 8846.00like wise we have done 4-trades that too without SL..we also hold our positional sell partially.In today intrday alone many of our clients made more than 1lakh profit.(all these happened in before 2.30pm)

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As on today we have gained more than '1800+ points profits' in Banknifty future may month contract alone.

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Assume that > A small trader who does only 50 nos in banknifty have easily made 50X1800=Rs.90,000/-this month with the capital of 1lakh.What a gain.This is what our success is.We have turned and used all opportunity to our favour .This month witnessed more volatality due to global cue's and we really sailed well in this tidal wave and reached shore safely with basket's full of fish.

Where The Market Leading To...

Inspite of a gap up opening today...The market was changed its direction from bearish to bullish and in the the end of todays trading the market was not able to maintain its 'Status Quo'.The banknifty day high was 9290 and closing it came down to 9040.00Level. We have done an excellent trading today morning we gone long and kept our SAR @9188.00 and it was triggered and we covered 50% of all our shorts @9110.00level and rest we covered near the day low's and gained good profits in intraday trading.

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About a month ago,after hearing the 'Greace' news we wrote in this site:- just the 'tip of an iceberg' and afterwords the world cue's were in negative trend...The different nation's and its goverments are finding difficult to manage the situation by various means to sustain&maintain the crisis...The German Goverment is one among them..The global cue's was showing green for a while but the real situation starts prevailing and shows it strength agin in negative..In today- our maket was showing strength and as if, the correction was over and the rally is on!!!. But the Banknifty and nifty was closed in red.

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The Banknifty was finding it difficult to cross over the 9280 level.

i saw a huge selling was happened in range 9220-45 level and that gave a confirmations, the banknifty is still in the down mode and today closing too favours the down trend.Let us wait for the tomorrow opening and trade may be that will give the clear indication of the Market direction.

BankNifty Big Fall Ahead to 8600 Levels

Nifty and Banknifty was unable to move up. Today i have been observing huge selling took place in nifty around 5035 Levels.Banknifty we sold on every rise without SL and it broke the day low&high but was not able to sustains or touch 9300.00 Levels today.The pendulam was in swing up and down to hit all the stop loss of many traders today.It was more confussing one technically as it went to +ve divergence from -ive.It appears as if bullish in many times .

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We have done a through study in all aspects of Banknifty Future and the near future seems to be very doom.The Technical factors are also indicating an intensive fall from the current levels about 600+points... (9200-600= 8600) So, be watch full in your intraday or positional trading.

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i wish every one must make money with proper knowledge/Guidance.The 9340 is a transition point for the upside...Till this level any rise, one can sell with proper stop losss.