NIFTY FUTURES TRADING IDEAS OF 26TH JULY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND LONG GIVEN A PROFIT OF 30 POINTS BY REACHING 1ST TARGET IN 1ST ROUND AND IN 2ND ROUND GIVEN A PROFIT OF 40 POINTS PROFIT AND SHORT NOT INITIATED AFTER GOING UP ABOVE 1ST RESISTANCE AND WE CARRIED SOME LOTS FOR MORE TARGETS AND MINTED MORE PROFITS ABOVE POWER LONG OF NEARLY 40 POINTS AND WE DID GOOD PROFITS IN 5600 CALL TOO. AS PER LEVELS IT IS A PROFIT OF 55 POINTS AS POWER LONG NOT REACHED ANY SPECIFIC TARGET AND HITTED SP OF 15 POINTS

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