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Wednesday, March 28, 2012

www.niftydaytrader.com Performance Statistics 28 March 2012

www.niftydaytrader.com Performance Statistics 28 March 2012 attached.  

Another feature, which is in test stage, is also attached.  The Closing Bias. 

Guidelines of the Closing Bias sheet attached.
1 Closing Bias is a new Technique by which you can identify the trend continuation or  a potential reversal
2 If the "Day Trend" and the "Bias" is of Bearish, then the Bearish Trend is Strong. Market May be negative the next day; at least at open.
3 If the "Day Trend" and the "Bias" is of Bullish, then the Bearish Trend is Strong. Market may be positive the next day; At least at open
4 If the " Day Trend" and the "Bias" is of Different trends, then, there is a high chance that the stock moves in tune with the "Bias" trend, the next day.
5 This Technique may be used to decide, whether the Day Trading Position is to be carried to the next day or not
6 Market may do what it wants. Hence the decision to carry your position overnight is solely your decision.
7 Neither the Publisher nor the analyst is responsible for the outcome of your trade.

niftydaytrader 28 March 2012.pdf Download this file

ClosingBias 28 March 2012.pdf Download this file