performance of our past tips nifty support and resistance

How to trade on Nifty tips?
1. R = Resistance = is the buying price
2. S = Support = is the selling (short sell price) price.
3. Stop loss at 40 points after breaking either level.
After breaking either level, 15 to 20 points move is expected. Traders with very low risk can take profits of 10 points.
We advice not to trade during market closing time especially during last 10 to 15 minutes.

Profits earned in August 2009
For one lot profit earned Rs 13,000
For two lots profit earned Rs 26,000
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.

Tips provided for 17 days (In the month of August there are 21 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 13 days and profits earned as mentioned above.
Levels were not broken for 3 days - so no profit and no loss.
Levels were not given for 4 days because market direction were not clear.so no Profit and no loss.
On 31 August - No profit no loss.The loss has been covered after breaking the resistance at 20 points.
Profit of 18 points has been earned after breaking the support level.

Day and Date	Nifty trading levels	Target achieved	Profit for one lot (one lot = 50 qty)	profit for two lots (two lots = 100 qty)
Monday, 31 Aug 2009	R - 4700 S - 4650	After breaking Resistance Nifty went up till 4709 and later it moved down and crossed the support level and went down till 4632.	No profit no loss. The loss has been covered after breaking the resistance at 20 points. Profit of 18 points has been earned after breaking the support level.	No profit no loss. The loss has been covered after breaking the resistance at 20 points. Profit of 18 points has been earned after breaking the support level.
Friday, 28 Aug 2009	R - 4710 S - 4620	After breaking resistance, Nifty went up till 4753.	Rs. 1000	Rs. 2000
Thursday, 27 Aug 2009	R - 4690 S - 4610	After breaking resistance, Nifty went up till 4712.	Rs. 1000	Rs. 2000
Wednesday, 26 Aug 2009	R - 4710 S - 4620	Neither support nor resistance has broken.	NIL	NIL
Tuesday, 25 Aug 2009	R - 4640 S - 4580	After breaking resistance, Nifty went above 4680.	Rs. 1000	Rs. 2000
Monday, 24 Aug 2009	R - 4620 S - 4530	After breaking resistance, Nifty went above 4650	Rs. 1000	Rs. 2000
Friday, 21 Aug 2009	R - 4490 S - 4390	After breaking resistance, Nifty went up till 4546.	Rs. 1000	Rs. 2000
Thursday, 20 Aug 2009	Tip was not given due to market direction was not clear.
Wednesday, 19 Aug 2009	Tip was not given due to market direction was not clear.
Tuesday, 18 Aug 2009	R - 4390 S - 4310	After breaking resistance, Nifty went up till 4495.	Rs. 1000	Rs. 2000
Monday, 17 Aug 2009	Tip was not given due to market direction was not clear.
Friday, 14 Aug 2009	R - 4680 S - 4600	After breaking support, Nifty went below 4552. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 13 Aug 2009	R - 4560 S - 4490	After breaking resistance, Nifty went above 4600.	Rs. 1000	Rs. 2000
Wednesday, 12 Aug 2009	R - 4490 S - 4455	After breaking support, Nifty went below 4400. Short sell call.	Rs. 1000	Rs. 2000
Tuesday, 11 Aug 2009	Tip was not given due to market direction was not clear.
Monday, 10 Aug 2009	R - 4570 S - 4520	After breaking support, Nifty went below 4388. Short sell call.	Rs. 1000	Rs. 2000
Friday, 07 Aug 2009	R - 4600 S - 4510	After breaking support, Nifty went down till 4465. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 06 Aug 2009	R - 4750 S - 4650	After breaking support, Nifty went down till 4552. Short sell call.	Rs. 1000	Rs. 2000
Wednesday, 05 Aug 2009	R - 4740 S - 4620	None of the levels were broken.	NIL	NIL
Tuesday, 04 Aug 2009	R - 4780 S - 4710	The Nifty opened below support.	NIL	NIL
Monday, 03 Aug 2009	R - 4680 S - 4600	After breaking resistance, Nifty went up till 4730.	Rs. 1000	Rs. 2000

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