Posted by: Babu Suresh | March 16, 2012

16th Mar Nifty Day Trading

In my last year’s budget day post I had mentioned,

“For day traders like me, these incidents however do not make any difference, so long as I know what I am doing, why I am here and how I am doing.” –  Ref. 2011 Budget Day Post

Although I am not qualified to comment on budget proposals, I wish to note I am happy to see the reduction in STT which will make a big difference in my break even and eventually in my net profit. I was also heartened to note that in order to bring in new revenues, FM or his grand advisors refrained from introducing new taxes  such as, PET-Pizza Eating Tax on Domino PIZZAs that had tremendously helped JUBLFOOD from getting special treatment today.   

Presenting here intraday as well as daily charts for your reference with my HMA-Bollinger Bands Day Trading System

JSWSTEEL –  16–03–2012

JSW Steel1_160312

State Bank Of India –  16–03–2012


JUBLFOOD –  16–03–2012


Nifty Spot Daily –  16–03–2012

Nifty Spot_160312

JSWSTEEL Daily –  16–03–2012


State Bank Of India Daily –  16–03–2012


JUBLFOOD Daily –  16–03–2012


Healthy And Wealthy Trading

Healthy And Wealthy Weekend


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