Saturday, March 5, 2011

capital to trade nifty futures

capital to trade nifty futures : Sold 50% of the allotted coalindia IPO shares @ 336.30- this profit of 90 rupees will bring down the original allotment price from 245 to 155. Keeping balance 50% as investment. Nifty future positional longs which being held since last few days is closed at 6292- (long from 6125 - Just see the earlier post). Nifty future is getting resisted at the next positional C9 & DS level which is 6298. I don't wish to loose the accumulated profit of 160+points (6292 minus 6125).

In addition to the positional trading - i went long 3 lots on intra-day play @ 6224. All are closed now with 150 points profits. (35+60+55). I will publish the Nifty future charts ( along with last two days charts) by Sunday evening.

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