Posted by: Babu Suresh | March 2, 2012

Nifty Day Trading-02-03-2012

Good morning to my fellow day traders.

What a tricky opening!!!!! Within first couple of minutes of opening I realised today was not the day to start with State Bank Of India. I shifted my entire focus on JSW Steel. The stock, which I fondly call PIT BULL 2 looked quite steady and was unwilling to budge below 785 after the initial fall with the overall market. I started buying between 786 and 788 with my target fixed at the next resistance, 798. I managed to make a clean exit with a 8.5 points.

JSW STEEL with HMA-Bollinger Bands Day Trading System in action:

JSW Steel_020312

Healthy And Wealthy Trading

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