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 November (till 27 Nov 2009)
For one lot profit earned Rs 18,000
For two lots profit earned Rs 36,000
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.


Tips provided for 18 days (In a month November there are 21 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 15 days and profits earned as mentioned above.
On 02 Nov - Market was closed due to  Gurunanak Jyanti.
On 11 Nov - Due to technical reasons Nifty trading levels were not provided.

Targets achieved in the - November 2009

Nifty Trading Tips

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November 2009

(This table will be updated every Friday till 7.00 pm)

Day and Date	Nifty Trading levels given	Target achieved	Profit for one lot (one lot = 50 qty)	Profit for two lots (two lots=100 qty)
Monday, 30 Nov 2009	Due to technical reasons Nifty trading levels were not provided.
Friday, 27 Nov 2009	R - 5010-Changed at 4900 S - 4945-Changed at 4860	The Resistance and Support levels have been revised at 10:50 am taking into consideration market gap down opening after that the target achieved on Both levels. After breaking support provided at 4860 Nifty went down till -4800- and again in afternoon trades Nifty rebounded and crossed the resistance provided at 4900 and went up till 4960 so profits achieved on both levels.	Rs. 1000           Rs. 1000	Rs. 2000           Rs. 2000
Thursday, 26 Nov 2009	R - 5150    S - 5070	After breaking Support Nifty went down 90 points and finally closes at 5005, according to our strategy profit booked at 20 points.	Rs. 1000	Rs. 2000
Wednesday, 25 Nov 2009	R - 5110    S - 5045	After breaking the Resistance Nifty went up till 5139, according to our strategy profits booked at 20 points.	Rs. 1000	Rs. 2000
Tuesday, 24 Nov 2009	R - 5130    S - 5070	After breaking the support Nifty went down till 5050.	Rs. 1000	Rs. 2000
Monday, 23 Nov 2009	R - 5120    S - 5060	Nifty levels were not broken as market was trading in very narrow range.	NIL	NIL
Friday, 20 Nov 2009	R - 4990    S - 4935	After breaking resistance Nifty went up till 5077, according to our strategy profit booked at 20 points.	Rs. 1000	Rs. 2000
Thursday, 19 Nov 2009	R - 5060    S - 5000	After breaking the support Nifty went down till 4062, according to our strategy profits booked at 20 points.	Rs. 1000	Rs. 2000
Wednesday, 18 Nov 2009	R - 5090    S - 5000	The Resistance and Support have not broken.	NIL	NIL
Tuesday, 17 Nov 2009	R - 5090    S - 5000	The Resistance and Support have not broken.	NIL	NIL
Monday, 16 Nov 2009	R - 5060    S - 5000	After breaking the resistance Nifty went up till 5082. According to our strategy 20 points profit has been booked.	Rs. 1000	Rs. 2000
Friday, 13 Nov 2009	R - 5000    S - 4915	After breaking resistance Nifty went up till 5023, according to our strategy profit booked at 20 points.	Rs. 1000	Rs. 2000
Thursday, 12 Nov 2009	R - 5050    S - 4990	After breaking support Nifty went down till 4917, according to our strategy profit booked at 20 points.	Rs. 1000	Rs. 2000
Wednesday, 11 Nov 2009	Due to technical reasons Nifty trading levels were not provided.
Tuesday, 10 Nov 2009	R - 4960    S - 4900	After breaking the support Nifty went down till 4850. According to our strategy profits are booked at 20 points.	Rs. 1000	Rs. 2000
Monday, 09 Nov 2009	R - 4840    S - 4760	After breaking the resistance Nifty went up above 4900. According to our strategy profits are booked at 20 points.	Rs. 1000	Rs. 2000
Friday, 06 Nov 2009	R - 4850    S - 4790	After breaking the support the Nifty went down till 4755. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 05 Nov 2009	R - 5035    S - 4970	After breaking support Nifty went down till 4600 and during later half Nifty broken the resistance and went UP till  4785. So profits generated on both ways.	Rs. 1000           Rs. 1000	Rs. 2000           Rs. 2000
Wednesday, 04 Nov 2009	R - 4600    S - 4550	After breaking the resistance Nifty went above 4700.	Rs. 1000	Rs. 2000
Tuesday, 03 Nov 2009	R - 4700    S - 4640	After breaking the resistance Nifty went UP till 4734 and during later half of the day Nifty went down and break the support and went down till 4531. So profits generated on both ways.	Rs. 1000           Rs. 1000	Rs. 2000           Rs. 2000
Monday, 02 Nov 2009	Market was closed due to  Gurunanak Jyanti.