niftyzen

Sunday, 5 August 2012

6 Aug

Nifty future 5241 [Bullish]

Stop and Reverse SAR 5200

Trend Reversal down below 5200

Resistance

5280

5260

Support

5222

5203

Happy trading

Saturday, 4 August 2012

A business executive was deep in debt and could see no way out. Creditors were closing in on him. Suppliers were demanding payment. He sat on the park bench, head in hands, wondering if anything could save his company from bankruptcy.

Suddenly an old man appeared before him. "I can see that something is troubling you," he said.

After listening to the executive's woes, the old man said, "I believe I can help you."

He asked the man his name, wrote out a check, and pushed it into his hand saying, "Take this money. Meet me here exactly one year from today, and you can pay me back at that time."

Then he turned and disappeared as quickly as he had come. The business executive saw in his hand a check for $500,000. It was signed by John D. Rockefeller, then one of the richest men in the world!

"I can erase my money worries in an instant!" he realized.

But instead, the executive decided to put the un-cashed check in his safe. Just knowing it was there might give him the strength to work out a way to save his business, he thought. With renewed optimism, he negotiated better deals and extended terms of payment. He closed several big sales. Within a few months, he was out of debt and making money once again.

Exactly one year later, he returned to the park with the un-cashed check. At the agreed-upon time, the old man appeared. But just as the executive was about to hand back the check and share his success story, a nurse came running up and grabbed the old man. "I'm so glad I caught him!" she cried. "I hope he hasn't been bothering you. He's always escaping from the rest home and telling people he's John D. Rockefeller." then she led the old man away by the arm.

The astonished executive just stood there, stunned. All year long he'd been wheeling and dealing, buying and selling, convinced he had half a million dollars behind him. Suddenly, he realized that it wasn't the money, real or imagined, that had turned his life around. It was his new found self-confidence that gave him the power to achieve anything he ever imagined.

Blonde Joke
Blonde Shoots Herself
A blonde hurries into the emergency room late one night with the tip of her index finger shot off.
"How did this happen?" the emergency room doctor asked her.
Well, I was trying to commit suicide, the blonde replied. "What?" sputtered the doctor. "You tried to commit suicide by shooting your finger off?
""No, Silly!" the blonde said. "First I put the gun to my chest, and I thought: I just paid $6,000.00 for these breast implants, I'm not shooting myself in the chest." "And then?" asked the doctor.
"Then I put the gun in my mouth, and I thought: I just paid $3000.00 to get my teeth straightened, I'm not shooting myself in the mouth."
"And then?"
"Then I put the gun to my ear, and I thought: This is going to make a loud noise. So I put my finger in the other ear before I pulled the trigger."

Friday, 3 August 2012

3 Intra

Sold 5209 SL 5222.05 Target 5190 5170
Booked 50% profit 5190. +19
Remaining 50% booked 5182. +27

When NR7 happened on previous day, then the next day, the trade would have been within 10 minutes from the beginning, thats the advantage of NR7 !