how to trade on nifty future tips nifty trading tips free nifty intraday trading calls

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Traders are requested to follow guidelines as mentioned below to trade in Nifty Future tips provided by us -

1. The Nifty Intraday trading tips will be Paid from 1 Feb 2010 and we will provide tips through SMS. The Trading levels will
    be sent till 12:00 PM but if markets direction are not clear then we may send levels during later half of the day.
    The tips format will be -
    R = Resistance
    S = Support
    SL = Stop loss
    So we will use only short forms while sending the SMS like 'R', 'S' and 'SL'

2. Based on our strategy, we recommend to take profit of 20 points only after breaking levels and keep stop loss of 40
    points.Low risk traders can take profits of 15 points.

3. If required, the levels and stop loss points will be changed during market hours and same will be forwarded to all our
    subscribers through SMS.
    We may change the trading levels based on market direction and trend.

4. Traders are requested to take position only after breaking Resistance (R) level and not before breaking Resistance level
    while on the other side traders are requested to short sell Nifty lot only after breaking Support (S) level not before
    breaking Support level.

6. After breaking Resistance (R) level, trader can buy till 10 points lower then Resistance (R) level.
    For example - If R is 4950 and if it breaks then traders can buy between 4950 to 4940 (10 points) and keep stop loss
    of 40 points and target price at 20 points from your buying price.
    Means - Suppose you bought Nifty lot at 4945 (after breaking Resistance) then trader can keep stop loss of 4905
    (40 points) and target of 4965 (20 points).
    Very important - Buy only after breaking Resistance level provided by us.

7. After breaking Support (S) level trader can short sell till 10 points higher than Support (S) level.
    For example - If S is 4800 and is it breaks then traders can short sell between 4800 to 4810 (10 points) and keep
    stop loss of 40 points and target price at 20 points.
    Means - Suppose if you short sell Nifty lot at 4804 (after breaking Support) then you can keep stop loss at 4844
    (40 points) and target at 4784 (20 points).
    Very important - Short sell only after breaking Support level provided by us.

8. Due to market volatility and uncertainty in direction it is possible for Nifty to break both Resistance and Support levels on
    same day so traders are advised to take trades based on following guidelines -
    a. Profit booking - If Nifty breaks the Resistance and moves 20 points up then traders can book profit.
    b. On the other side if Nifty comes down and breaks Support then also traders can do short sell and book 20 points
        profit. Low risk traders can book profits of 15 points.
    c. In the vice versa scenario Nifty may break Support first and later may climb up to break Resistance. So traders can
        take trades in both positions.

9. Don’t trade if Nifty opens below support level or above Resistance level, wait for other side level to break to take the
    positions. In such cases we send revised levels to trade.

10. It is also possible that during market hours traders can keep the buying order or short selling order before breaking the
     levels. So talk to your broker to know how to place the limit orders.
     If you don’t know how to place the limit order then please talk to your broker because every trading platform may have
     different order placing methods so we cant mention here.