nifty f&o trading tips f&o trading tips for month october

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 October
For one lot profit earned Rs 15,850
For two lots profit earned Rs 31,700
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.

Tips provided for 18 days (In a month October there are 22 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 16 days and profits earned as mentioned above.
On 02 Oct - Market was closed due to Mahatama Gandhi Jyanti.
On 13 Oct - Markets were closed on Tuesday due to election.
On 19 Oct - Markets were closed due to Diwali holiday.
On 20 Oct - The Nifty trading levels were not provided due to technical reasons.

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)
Friday, 30 Oct 2009	R - 4830 S - 4790	After breaking the support Nifty went down till 4692. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 29 Oct 2009	R - 4800 S - 4740	After breaking Resistance Nifty went UP till 4826.	Rs. 1000	Rs. 2000
Wednesday, 28 Oct 2009	R - 4850 S - 4790	After breaking Resistance Nifty went UP till 4867.	Rs. 850	Rs. 1700
Tuesday, 27 Oct 2009	R - 4970 S - 4910	After breaking support Nifty went down till 4840. Short sell call.	Rs. 1000	Rs. 2000
Monday, 26 Oct 2009	R - 5060 S - 5010	After breaking support Nifty went down till 4965. Short sell call.	Rs. 1000	Rs. 2000
Friday, 23 Oct 2009	R - 5070 S - 5010	After breaking the support Nifty went down till 5087. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 22 Oct 2009	R - 5065 S - 5000	After breaking the support Nifty went down till 4975. Short sell call.	Rs. 1000	Rs. 2000
Wednesday, 21 Oct 2009	R - 5105 S - 5040	The Nifty opened above Resistance and went high till 5122	NIL	NIL
Tuesday, 20 Oct 2009	The Nifty trading levels were not provided due to technical reasons.
Monday, 19 Oct 2009	Markets were closed due to Diwali holiday.
Friday, 16 Oct 2009	R - 5160 S - 5090	Neither resistance nor support was broken.	NIL	NIL
Thursday, 15 Oct 2009	R - 5190 S - 5120	After breaking the Support Nifty went down till 5070. Short sell call.	Rs. 1000	Rs. 2000
Wednesday, 14 Oct 2009	R - 5100 S - 5000	After breaking the resistance Nifty went up till 5129	Rs. 1000	Rs. 2000
Tuesday, 13 Oct 2009	Markets were closed on Tuesday due to election.
Monday, 12 Oct 2009	R - 4990 S - 4935	After breaking the resistance Nifty went up till 5075	Rs. 1000	Rs. 2000
Friday, 09 Oct 2009	R - 5050 S - 4990	After breaking the support the Nifty went down till 4931. Short sell call.	Rs. 1000	Rs. 2000
Thursday, 08 Oct 2009	R - 5035 S - 4970	After breaking resistance, the Nifty went up till 5052.	Rs. 1000	Rs. 2000
Wednesday, 07 Oct 2009	R - 5090 S - 5030	After breaking support, Nifty went down till 4965. Short sell call.	Rs. 1000	Rs. 2000
Tuesday, 06 Oct 2009	R - 5070 S - 5015	After breaking support, Nifty went down till 4920. Short sell call.	Rs. 1000	Rs. 2000
Monday, 05 Oct 2009	R - 5110 S - 5030	The Nifty opened below support (5030) but later it recovered till 5050 and again slipped below 5000. We will consider this as targets achieved.	Rs. 1000	Rs. 2000
Friday, 02 Oct 2009	Market is closed due to Mahatama Gandhi Jyanti
Thursday, 01 Oct 2009	R - 5060 S - 5005	After breaking Resistance Nifty went up till 5089.	Rs. 1000	Rs. 2000

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