performance of our past tips nifty support and resistance

Day and Date	Nifty trading levels	Target achieved	Profit for one lot (one lot = 50 qty)	profit for two lots (two lots = 100 qty)
Friday, 27 Feb 2009	R - 2815 S - 2735	After breaking resistance, Nifty went up till 3140.	Rs. 1000	Rs. 2000
Thursday, 26 Feb 2009	R - 2790 S - 2720	Neither resistance nor support was broken.	NIL	NIL
Wednesday, 25 Feb 2009	Tip was not given due to technical issues.
Tuesday, 24 Feb 2009	R - 2750 S - 2650	Neither resistance nor support was broken.	NIL	NIL
Monday, 23 Feb 2009	Market is closed today due to Mahashivratri.
Friday, 20 Feb 2009	R - 2800 S - 2720	After breaking support, Nifty went down till 2691. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 19 Feb 2009	R - 2810 S - 2750	Neither resistance nor support was broken.	NIL	NIL
Wednesday, 18 Feb 2009	R - 2790 S - 2690	After breaking resistance, Nifty went up till 2915.	Rs. 1000	Rs. 2000
Tuesday, 17 Feb 2009	R - 2850 S - 2770	After breaking support, Nifty went down till 2742. Short sell call.	Rs. 1000	Rs. 2000
Monday, 16 Feb 2009	R - 2990 S - 2900	After breaking support, Nifty went down till 2821. Short sell call.	Rs. 1000	Rs. 2000
Friday, 13 Feb 2009	R - 2950 S - 2820	Neither resistance nor support was broken.	NIL	NIL
Thursday, 12 Feb 2009	R - 2970 S - 2880	After breaking support, Nifty went down till 2873. Short sell call.	Loss of Rs. 350	Loss of Rs.700
Wednesday, 11 Feb 2009	R - 2990 S - 2860	Neither resistance nor support was broken.	NIL	NIL
Tuesday, 10 Feb 2009	R - 2950 S - 2850	Neither resistance nor support was broken.	NIL	NIL
Monday, 09 Feb 2009	Tip was not given due to market direction was not clear.
Friday, 06 Feb 2009	R - 2860 S - 2760	Neither resistance nor support was broken.	NIL	NIL
Thursday, 05 Feb 2009	R - 2860 S - 2750	After breaking support, Nifty went down till 2731. Short sell call.	Rs. 950	Rs. 1900
Wednesday, 04 Feb 2009	R - 2880 S - 2790	After breaking support, Nifty went down till 2762. Short sell call.	Rs. 1000	Rs. 2000
Tuesday, 03 Feb 2009	R - 2820 S - 2750	After breaking support, Nifty went down till 2738. Short sell call.	Rs. 600	Rs. 1200
Monday, 02 Feb 2009	R - 2890 S - 2790	After breaking support, Nifty went down till 2728. Short sell call.	Rs. 1000	Rs. 2000

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 Feb 2009
For one lot profit earned Rs 8550 - Loss of Rs 350 = Total Profit = 8,200
For two lots profit earned Rs 17,100 - Loss of Rs 700 = Total Profit = 16,400
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.

Tips provided for 17 days (In the month Feb there are 20 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 10 days and profits earned as mentioned above.
Levels were not broken for 7 days - so no profit and no loss.
Levels were not given for 2 days because market direction were not clear.- so no Profit and no loss.
Holidays for 1 days - On 23 Feb.

Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but www.intradaystocktips.org does not warrant or guarantee their accuracy or date.
www.intradaystocktips.org takes no responsibility for any investment decisions based on recommendations provided on website.
Financial contents like Technical charts, historical charts and quotes are taken from NSE and Yahoo sites.
Note - All quotes are delayed by 15 minutes.
Please read at www.intradaystocktips.org/disclaimer.php before using any material or advice given at www.intradaystocktips.org
Copyright © 2009 intradaystocktips.org. All Rights Reserved.