Day trading challenges

I am always recommending day traders to trade with plan.



            Why plan is too important? Because at the time of trading your mind should be in the control, for that you need a proper plan. If you have proper plan you can face the trading challenges with confident.

        What is proper plan? You should know where to enter that means where to Buy or Sell and where to exit whether it may be you profit point or your stop loss point. If this plan with your hand you can act with the market as it has moves. Always plan for both side, then only you can success in this business.

Spot Nifty level for 28/11/2011

Bull level from 4741 for the target of 4760, 4775, and 4790.

Bear level from 4707 for the target of 4695, 4680, and 4665.

Note: Use this level always after 10:00 am India time.