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, 30 Jan 2009    R - 2850
   S - 2750            
After breaking resistance, Nifty went up till 2876.
           Rs. 1000           Rs. 2000
Thursday, 29 Jan 2009
              Tip was not given due to market direction was not clear.
Wednesday, 28 Jan 2009              Tip was not given due to market direction was not clear.
Tuesday, 27 Jan 2009
    R - 2750
   S - 2620		 After breaking resistance, Nifty went up till 2776.
           Rs. 1000           Rs. 2000
Monday, 26 Jan 2009
                            Market is closed today due to Republic day.
Friday, 23 Jan 2009    R - 2790
   S - 2680
                  		After breaking support,
Nifty went down till 2635.
Short sell call.
           Rs. 1000           Rs. 2000
Thursday, 22 Jan 2009    R - 2790
   S - 2700
                       		After breaking support,
Nifty went down till 2660.
Short sell call.
           Rs. 1000           Rs. 2000
Wednesday, 21 Jan 2009    R - 2800
   S - 2730		 After breaking support,
Nifty went down till 2668.
Short sell call.
          Rs. 1000           Rs. 2000
Tuesday, 20 Jan 2009              Tip was not given due to market direction was not clear.
Monday, 19 Jan 2009
    R - 2890
   S - 2730		 Neither resistance nor support was broken.
                NIL                NIL
Friday, 16 Jan 2009    R - 2850
   S - 2750		 After breaking support,
Nifty went down till 2731.
Short sell call.
           Rs. 950           Rs. 1900
Thursday, 15 Jan 2009    R - 2790
   S - 2690		 After breaking support,
Nifty went down till 2677.
Short sell call.
           Rs. 650           Rs. 1300
Tuesday, 13 Jan 2009    R - 2820
   S - 2750
                       		After breaking support,
Nifty went down till 2697.
Short sell call.
           Rs. 1000           Rs. 2000
Monday, 12 Jan 2009    R - 2920
   S - 2820		 After breaking support,
Nifty went down till 2728.
Short sell call.
           Rs. 1000           Rs. 2000
Friday, 09 Jan 2009    R - 2950
   S - 2850		 After breaking support,
Nifty went down till 2805.
Short sell call.		           Rs. 1000           Rs. 2000
Thursday, 08 Jan 2009                            Market is closed today due to Moharram.
Wednesday, 07 Jan 2009                            Tip was not given due to technical issues.
Tuesday, 06 Jan 2009    R - 3150
   S - 3090		 After breaking support,
Nifty went down till 3057.
Short sell call.
           Rs. 1000           Rs. 2000
Monday, 05 Jan 2009                            Tip was not given due to technical issues.
Friday, 02 Jan 2009    R - 3100
   S - 2950		 Neither resistance nor support was broken.
            NIL            NIL
Thursday, 01 Jan 2009    R - 3016
   S - 2900		 Neither resistance nor support was broken.
            NIL            NIL
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 January 2009
For one lot profit earned Rs 10,600 - Loss of Rs.500 = Total Profit is Rs. 10,100.
For two lots profit earned Rs 21,200 - Loss of Rs.1000 = Total Profit is Rs. 20,200.
Please note - If you buy more Nifty lots then the profit will get multiplied accordingly.


Tips provided for 15 days (In the month January there are 22 trading days, saturday's and sunday's are holiday for share market)
Levels broken for 12 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 5 days because market direction were not clear.- so no Profit and no loss.
Holidays for 2 days  - On 08, 26 January.
January 2009
Targets achieved in the month of January 2009
Nifty Trading Tips
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