NIFTY FUTURES TRADING IDEAS OF 20TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT GIVEN A PROFIT OF 36 POINTS FROM OPENING ITSELF AND LATER BUY GIVEN A PROFIT OF 12 POINTS AND WE BOOKED PROFITS, BUT NOT ACHIEVED ANY SPECIFIC TARGET FOR LONG AS HOURLY CHART IS BEARISH AND LATER POWER SHORT WE HAVE WARNED NOT TO SHORT TO ALL PGS & PSG CLIENTS AS 5MNT 15MNT CHART BULLISH AND WE WENT LONG FOR SMALL QTY FOR A PROFIT OF 20 POINTS FOR PSG CLIENTS. AND WE DID SOME GOOD PROFITS IN 5600 5500 PUTS  . IT IS A DAY OF NPNL AS PER LEVELS AS BOTH LONG & POWER SHORT SL HITTED FOR A LOSS OF 40 POINTS

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