Posted by: Babu Suresh | April 16, 2012

April 16, 2012 Nifty Day Trading

Well, after today’s much revered inflation data, tomorrow there is more dreaded RBI’s credit policy review with huge expectations on rate cut. Just before starting to write this post I happened to read in economic times, “Absence of rate cut would shock markets”, only the headline, didn’t bother to click on the link because it was worthless and waste of time.

After managing to score 16 points of 2 trades from JUBLFOOD in the first hour, I called it a day and spent the rest of the session learning more about live streaming. There is some improvement but have a long way to go.

Attaching here my usual intraday charts along with Nifty Futures chart with my HMA Bollinger Bands Day Trading System for your reference.

Intraday Charts –  16–04–2012





NSE Nifty Future

NSE Nifty Future 160412

State Bank Of India

State Bank Of India 160412

Healthy And Wealthy Trading


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