Day and Date Nifty trading levels Target achieved Profit for one lot
(one lot = 50 qty)
profit for two lots
(two lots = 100 qty)
Tuesday, 31 Mar 2009    R - 3020
   S - 2950
After breaking resistance, Nifty went up till 3056.
          Rs. 1000           Rs. 2000
Monday, 30 Mar 2009              Tip was not given due to market direction was not clear.     
Friday, 27 Mar 2009    R - 3120
   S - 2960            

After breaking resistance, Nifty went up till 3140.
          Rs. 1000           Rs. 2000
Thursday, 26 Mar 2009
   R - 2950
   S - 2320
Market open above 2950.            NIL            NIL
Wednesday, 25 Mar 2009
   R - 2950
   S - 2890
After breaking resistance, Nifty went up till 2995.
          Rs. 1000
          
             
          Rs. 2000
Tuesday, 24 Mar 2009
   R - 2975
   S - 2930
After breaking resistance, Nifty went up till 3015.

After breaking support,
Nifty went down till 2915.
Short sell call.

          Rs. 1000


          Rs. 750
          Rs. 2000


          Rs. 1500
Monday, 23 Mar 2009
   R - 2840
   S - 2750
After breaking resistance, Nifty went above 2900.           Rs. 1000           Rs. 2000
Friday, 20 Mar 2009                       Tip was not given due to technical issues.  
Thursday, 19 Mar 2009                       Tip was not given due to technical issues. 
Wednesday, 18 Mar 2009    R - 2820
   S - 2730
After breaking resistance, Nifty went up till 2830.
       Rs. 500         Rs. 1000
Tuesday, 17 Mar 2009
   R - 2820
   S - 2730
Neither resistance nor support was broken.
           NIL            NIL
Monday, 16 Mar 2009
   R - 2770
   S - 2720
After breaking support,
Nifty went down till 2697.
Short sell call.
          Rs. 1000           Rs. 2000
Friday, 13 Mar 2009    R - 2650
   S - 2570
After breaking resistance, Nifty went up till 2722.           Rs. 1000           Rs. 2000
Thursday, 12 Mar 2009    R - 2580
   S - 2505
Neither resistance nor support was broken.
           NIL            NIL
Wednesday, 11 Mar 2009                              Market is closed today due to Holi.  
Tuesday, 10 Mar 2009                         Market is closed today due to Id-E-Milad.  
Monday, 09 Mar 2009    R - 2650
   S - 2550
After breaking support,
Nifty went down till 2531.
Short sell call.
          Rs. 950           Rs. 1900
Friday, 06 Mar 2009    R - 2590
   S - 2510
After breaking resistance, Nifty went up till 2618.
          Rs. 1000           Rs. 2000
Thursday, 05 Mar 2009    R - 2680
   S - 2630
After breaking support,
Nifty went down till 2538.
Short sell call.
          Rs. 1000           Rs. 2000
Wednesday, 04 Mar 2009    R - 2640
   S - 2570
Neither resistance nor support was broken.
           NIL            NIL
Tuesday, 03 Mar 2009    R - 2650
   S - 2590
After breaking resistance, Nifty went up till 2669.
          Rs. 950           Rs. 1900
Monday, 02 Mar 2009    R - 2790
   S - 2710
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 March 2009
For one lot profit earned Rs 12,150
For two lots profit earned Rs 24,300
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.


Tips provided for 17 days (In the month March 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 5 days - so no profit and no loss.
Levels were not given for 3 days because market direction were not clear.- so no Profit and no loss.
Holidays for 2 days  - On 10, 11 March.
March 2009
Targets achieved in the month of March 2009
Nifty Trading Tips
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