Day and Date Nifty trading levels Target achieved Profit for one lot
(one lot = 50 qty)		 profit for two lots
(two lots = 100 qty)
Friday, 27 Feb 2009    R - 2815
   S - 2735            
After breaking resistance, Nifty went up till 3140.
           Rs. 1000           Rs. 2000
Thursday, 26 Feb 2009
    R - 2790
   S - 2720		 Neither resistance nor support was broken.            NIL            NIL
Wednesday, 25 Feb 2009                       Tip was not given due to technical issues.
Tuesday, 24 Feb 2009
    R - 2750
   S - 2650		 Neither resistance nor support was broken.            NIL            NIL
Monday, 23 Feb 2009
                     Market is closed today due to Mahashivratri.
Friday, 20 Feb 2009    R - 2800
   S - 2720
                     		After breaking support,
Nifty went down till 2691.
Short sell call.
           Rs. 1000
           Rs. 2000
Thursday, 19 Feb 2009    R - 2810
   S - 2750
            		Neither resistance nor support was broken.
            NIL            NIL
Wednesday, 18 Feb 2009    R - 2790
   S - 2690		 After breaking resistance, Nifty went up till 2915.
          Rs. 1000           Rs. 2000
Tuesday, 17 Feb 2009
    R - 2850
   S - 2770		 After breaking support,
Nifty went down till 2742.
Short sell call.
           Rs. 1000           Rs. 2000
Monday, 16 Feb 2009
    R - 2990
   S - 2900		 After breaking support,
Nifty went down till 2821.
Short sell call.
           Rs. 1000           Rs. 2000
Friday, 13 Feb 2009    R - 2950
   S - 2820		 Neither resistance nor support was broken.
            NIL            NIL
Thursday, 12 Feb 2009    R - 2970
   S - 2880		 After breaking support,
Nifty went down till 2873.
Short sell call.
     Loss of Rs. 350     Loss of Rs.700
Wednesday, 11 Feb 2009    R - 2990
   S - 2860		 Neither resistance nor support was broken.
            NIL            NIL
Tuesday, 10 Feb 2009    R - 2950
   S - 2850
 Neither resistance nor support was broken.
            NIL            NIL
Monday, 09 Feb 2009                     Tip was not given due to market direction was not clear.     
Friday, 06 Feb 2009    R - 2860
   S - 2760		 Neither resistance nor support was broken.            NIL
            NIL
Thursday, 05 Feb 2009    R - 2860
   S - 2750		 After breaking support,
Nifty went down till 2731.
Short sell call.
           Rs. 950           Rs. 1900
Wednesday, 04 Feb 2009    R - 2880
   S - 2790		 After breaking support,
Nifty went down till 2762.
Short sell call.
           Rs. 1000
           Rs. 2000
Tuesday, 03 Feb 2009    R - 2820
   S - 2750		 After breaking support,
Nifty went down till 2738.
Short sell call.
       Rs. 600        Rs. 1200
Monday, 02 Feb 2009    R - 2890
   S - 2790		 After breaking support,
Nifty went down till 2728.
Short sell call.
           Rs. 1000           Rs. 2000
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 Feb 2009
For one lot profit earned Rs 8550 - Loss of Rs 350 = Total Profit =  8,200
For two lots profit earned Rs 17,100 -  Loss of Rs 700 = Total Profit =  16,400
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.


Tips provided for 17 days (In the month Feb there are 20 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 10 days and profits earned as mentioned above.
Levels were not broken for 7 days - so no profit and no loss.
Levels were not given for 2 days because market direction were not clear.- so no Profit and no loss.
Holidays for 1 days  - On 23 Feb.
February 2009
Targets achieved in the month of February 2009
Nifty Trading Tips
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