
1. Any one who is interested in making money by online trading, we suggest:
2. Join a reputed brokerage firm offering online web trading platform with lowest brokerage rates.
3. Invest Rs25000/-only, you may get 10 times exposure for intraday trading.
4. Target for net gain Rs 400-500 in a day.
5. Trade with low volumes each stock worth of Rs.30000/-
6. STOP LOSS orders should be strictly followed the buy/short orders.
7. Do not carry forward positions to next day trading.
8. Do not average the positions in panic.
9. Before starting trading, must to note the global market trends by watching NDTV/CNBC either web TV.
10. Wait for market to settle down 10 mts after market opening. Do not try to place orders before that.
11. Keep open the site www.indiabulls.com page and continuosly observe the graphs for Nifty index and advances and declines. This give you about market trend.
PLAY ACCORDINGLY>> BE CAUTIOUS ALWAYS
DEFINITIONS:
1. Pivot : Predicted price of a stock. Average of previous day's high, low and closing price.
2. Support Price: Support price is the price where buyers come in huge numbers to protect the price of the stock and generally do not let the stock close below this price.
3. Resistance Price: Resistance price is the price where the sellers come in huge numbers and do not let stock close above this Resistance price.
* Support and Resistance levels play a major role in the trading process. Infact they are the foundation of our trading strategy.
PLAY:
Keeping stop loss orders immediately after Buy/Short orders is inevitable and must in order to keep alive in active trading.
1. Hopefully stocks are expected to open up/ close/down to the pivot price.
2. If the open price is higher than pivot and increasing, Buy on intraday taget R1-R2, then pivot price will become support price and stop loss price will be between pivot and S1 depending upon the trend.
3. If the open price is lower than pivot price and near to S1 level, Buy on target P. Then the stop loss price set will be near S2.
4. If the price falls below S1, Short on target S2. Then the stop loss set will be S1.
5. If the price open up or increases above R1/R2 Short on target R1/P. Then stop loss set will be R2.
