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, 30 Jan 2009	R - 2850 S - 2750	After breaking resistance, Nifty went up till 2876.	Rs. 1000	Rs. 2000
Thursday, 29 Jan 2009	Tip was not given due to market direction was not clear.
Wednesday, 28 Jan 2009	Tip was not given due to market direction was not clear.
Tuesday, 27 Jan 2009	R - 2750 S - 2620	After breaking resistance, Nifty went up till 2776.	Rs. 1000	Rs. 2000
Monday, 26 Jan 2009	Market is closed today due to Republic day.
Friday, 23 Jan 2009	R - 2790 S - 2680	After breaking support, Nifty went down till 2635. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 22 Jan 2009	R - 2790 S - 2700	After breaking support, Nifty went down till 2660. Short sell call.	Rs. 1000	Rs. 2000
Wednesday, 21 Jan 2009	R - 2800 S - 2730	After breaking support, Nifty went down till 2668. Short sell call.	Rs. 1000	Rs. 2000
Tuesday, 20 Jan 2009	Tip was not given due to market direction was not clear.
Monday, 19 Jan 2009	R - 2890 S - 2730	Neither resistance nor support was broken.	NIL	NIL
Friday, 16 Jan 2009	R - 2850 S - 2750	After breaking support, Nifty went down till 2731. Short sell call.	Rs. 950	Rs. 1900
Thursday, 15 Jan 2009	R - 2790 S - 2690	After breaking support, Nifty went down till 2677. Short sell call.	Rs. 650	Rs. 1300
Tuesday, 13 Jan 2009	R - 2820 S - 2750	After breaking support, Nifty went down till 2697. Short sell call.	Rs. 1000	Rs. 2000
Monday, 12 Jan 2009	R - 2920 S - 2820	After breaking support, Nifty went down till 2728. Short sell call.	Rs. 1000	Rs. 2000
Friday, 09 Jan 2009	R - 2950 S - 2850	After breaking support, Nifty went down till 2805. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 08 Jan 2009	Market is closed today due to Moharram.
Wednesday, 07 Jan 2009	Tip was not given due to technical issues.
Tuesday, 06 Jan 2009	R - 3150 S - 3090	After breaking support, Nifty went down till 3057. Short sell call.	Rs. 1000	Rs. 2000
Monday, 05 Jan 2009	Tip was not given due to technical issues.
Friday, 02 Jan 2009	R - 3100 S - 2950	Neither resistance nor support was broken.	NIL	NIL
Thursday, 01 Jan 2009	R - 3016 S - 2900	Neither resistance nor support was broken.	NIL	NIL

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 January 2009
For one lot profit earned Rs 10,600 - Loss of Rs.500 = Total Profit is Rs. 10,100.
For two lots profit earned Rs 21,200 - Loss of Rs.1000 = Total Profit is Rs. 20,200.
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.

Tips provided for 15 days (In the month January there are 22 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 12 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 5 days because market direction were not clear.- so no Profit and no loss.
Holidays for 2 days - On 08, 26 January.

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.