Manual trading requires a great
deal of skill and discipline. It is tempting for the trader to deviate from the
strategy, which usually reduces its performance. When developing a trading
strategy, many things must be considered: return, risk, volatility, timeframe,
style, correlation with the markets, methods, etc. A trading strategy is
governed by a set of rules that do not deviate. Emotional bias is eliminated
because the systems operate within the parameters known by the trader.
Good Night and wish a Happy Trading day tomorrow.
Due to Grid fault total Eastern India
is in dark from last 9 hours. If our electric back –up fail to provide tomorrow
morning therefore today posting “Morning Mantra… 01.08.2012”
Before
opening written day’s 1st resistance is 5239…Nifty
Future open at 5242 and made high 5247 and
close at 5240.
Written
about the support 5166…Nifty
Future made low 5168…
Just think about our
accuracy!
Tomorrow
major hurdle is 5255/5258. Look very carefully…..
If
Nifty Future cross and sustain above this levels then next very vital
resistance is 5282—5285—5288.
If
Nifty Future cross 5295 or close above 5282 then may touch 5321 very soon…..
3rd
August, Friday we may see an unexpected level in Nifty Future.
Tomorrow
below 5236 vital support level will be 5215—5209.
5166
will act as LOC for all longs….
Are
we very near of a starting point of the major fall???
Coming
72 hours trading will confirm or will write the future of next 3 to 4
months…………
Lets
wait and Cccccccccccccccc…………
More reversal points for our
subscribers only.
Kolkata, Bengal . 09:01 PM
07.31.2012
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