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Prediction May 6 Indian markets

No prediction to be posted today on Indian markets

further update on trade 27 & 28: us market

As per stop loss /profit protection levels indictated dow 30 and nasdaq crossed profit limit thresholds and hence profit booked as per limits set.

 

As indicated market is volatile today. In getting profits luck has played a good part otherwise we would have gone in to loss zone.

 

Reenter dow 30 when it breaches 120 in negative with purchase of one dow 30 futures and  1 nasdaq when it breaches 18 in negative. Protect profits when dow recovers up 50 points and nasdaq recover 15 points. Stop loss $200  on each lot

 

Disclaimer: all risk to be borne by trader