i am guiding and discussing intraday movement on nifty spot with fellow boarders on vfmdirect forum using live yahoo and other charts/techniques.

this is how i traded and asked to keep tsl lvls for friday as given in live chart for friday. hope readers find it useful. its pity that i booked out early and missed last brkout rally above tgt2. but had asked to keep raising tsl till 4393 spot where it got triggered giving handsome 100 odd points since 4285 for anyone who followed.

no ifs no buts no flashy s/w or techniques no costly setups no confusions but simple price following with traditional techniques(see chart).

regards.
abhay r somkuwar

using yahoo finance live chart for intraday trading...

i have illustrated with comments one of my possible strategy marked on yahoo nifty spot chart of today for intraday, it is one of several possible ways one can use to analyze and possibly trade the indices/stocks. there could be sophisticated and more accurate but costly methods/techniques available for intraday trading but this is using simple cost effective and readily available source i.e yahoo finance charts. above strategy would have fetched approx. about 75 points in spot.

abhay r somkuwar.