Targets achieved in the month of August 2009
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 August 2009
For one lot profit earned Rs 13,000
For two lots profit earned Rs 26,000
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.


Tips provided for 17 days (In the month of August there are 21 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 13 days and profits earned as mentioned above.
Levels were not broken for 3 days - so no profit and no loss.
Levels were not given for 4 days because market direction were not clear.so no Profit and no loss.
On 31 August - No profit no loss.The loss has been covered after breaking the resistance at 20 points.
Profit of 18 points has been earned after breaking the support level.
August 2009
Day and Date Nifty trading levels Target achieved Profit for one lot
(one lot = 50 qty)		 profit for two lots
(two lots = 100 qty)
Monday, 31 Aug 2009
    R - 4700
   S - 4650
 After breaking Resistance Nifty went up till 4709 and later it moved down and crossed the support level and went down till 4632.
 No profit no loss.
The loss has been covered after breaking the resistance at 20 points.
Profit of 18 points has been earned after breaking the support level.
 No profit no loss.
The loss has been covered after breaking the resistance at 20 points.
Profit of 18 points has been earned after breaking the support level.
Friday, 28 Aug 2009    R - 4710
   S - 4620
 After breaking resistance, Nifty went up till 4753.           Rs. 1000
           Rs. 2000
Thursday, 27 Aug 2009
    R - 4690
   S - 4610		 After breaking resistance, Nifty went up till 4712.           Rs. 1000           Rs. 2000
Wednesday, 26 Aug 2009
    R - 4710
   S - 4620		 Neither support nor resistance has broken.            NIL           
              		           NIL
Tuesday, 25 Aug 2009
    R - 4640
   S - 4580		 After breaking resistance, Nifty went above 4680.           Rs. 1000           Rs. 2000
Monday, 24 Aug 2009
    R - 4620
   S - 4530		 After breaking resistance, Nifty went above 4650           Rs. 1000           Rs. 2000
Friday, 21 Aug 2009    R - 4490
   S - 4390		 After breaking resistance, Nifty went up till 4546.           Rs. 1000                    Rs. 2000
Thursday, 20 Aug 2009
                      Tip was not given due to market direction was not clear.   
Wednesday, 19 Aug 2009
                      Tip was not given due to market direction was not clear.   
Tuesday, 18 Aug 2009
    R - 4390
   S - 4310		 After breaking resistance, Nifty went up till 4495.
           Rs. 1000           Rs. 2000
Monday, 17 Aug 2009
                      Tip was not given due to market direction was not clear.   
Friday, 14 Aug 2009
    R - 4680
   S - 4600		 After breaking support,
Nifty went below 4552.
Short sell call.
           Rs. 1000           Rs. 2000
Thursday, 13 Aug 2009    R - 4560
   S - 4490		 After breaking resistance, Nifty went above 4600.           Rs. 1000           Rs. 2000
Wednesday, 12 Aug 2009    R - 4490
   S - 4455		 After breaking support,
Nifty went below 4400.
Short sell call.
           Rs. 1000           Rs. 2000
Tuesday, 11 Aug 2009
                      Tip was not given due to market direction was not clear.
Monday, 10 Aug 2009
    R - 4570
   S - 4520		 After breaking support,
Nifty went below 4388.
Short sell call.
           Rs. 1000           Rs. 2000
Friday, 07 Aug 2009    R - 4600
   S - 4510		 After breaking support,
Nifty went down till 4465.
Short sell call.
           Rs. 1000           Rs. 2000
Thursday, 06 Aug 2009    R - 4750
   S - 4650		 After breaking support,
Nifty went down till 4552.
Short sell call.
           Rs. 1000           Rs. 2000
Wednesday, 05 Aug 2009    R - 4740
   S - 4620		 None of the levels were broken.            NIL            NIL
Tuesday, 04 Aug 2009    R - 4780
   S - 4710		 The Nifty opened below support.            NIL            NIL
Monday, 03 Aug 2009    R - 4680
   S - 4600		 After breaking resistance, Nifty went up till 4730.           Rs. 1000           Rs. 2000
Nifty Trading Tips
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