Pre Weekly Just Trade Nifty 07 to 11 Nov 2011

Today being the end of the week was looking at the weekly charts to see if we can get a heads up of how next weeks trading will look before the close of this week which may help in taking postion at the end of the day today if an opportunity arises.

Triangle Formation is seen. Above 5369 Breakout but cluster resistacnes at 5380 and 5391. Below 5263 Breakdown.

Trading Strategy

Buy Above 5391

Sell Below 5263

Trading Zone

Sell Below 5369

Buy Above 5263

Stop as usual 20 points above or below

Trading Holiday's week of 07th November 2011

Market Segment	Date	Day	Description
FO	07-Nov-2011	Monday	Bakri Id
FO	10-Nov-2011	Thursday	Gurunanak Jayanti
FO	06-Dec-2011	Tuesday	Moharram

Weekly Nifty 31 Oct to 04 Nov- UPDATE

Booked Nifty short at 5225 (future). Gone short on Monday at 5375. Profit 150 points

Just Trade Nifty for 04 Nov 2011

Above 5282 target 5304 and 5377
Below 5255 target 5236 and 5200

Just Trade Nifty 03 Nov 2011

Above 5252 target 5316 and 5383
Below 5224 target 5200
Below 5200 target 5160

Just Trade Nifty for 02 November 2011

Above 5224 target 5252 and 5316
Below 5191 target 5160

Weekly Nifty 31 Oct to 04 Nov- UPDATE

As per trading levels of Nifty gone short today at 5375 future. Stop 5400 Spot.

CLICK TO READ POST

Just Trade Nifty for 01 Nov 2011

Above 5319 target 5394 and 5461
Below 5295 target 5188

Channel Breakout Update

Written on 15th October - Nifty has been trading in a channel. Trading and closing above 5161 Nifty will target 5570. Time frame 15 to 30 days. CLICK HERE TO READ THE POST
Now as per the channel Above 5351 will trade upwards towards 5456 and 5525
Below 5351 will go into a sideways movment and first support is at 5300 and 5162

Just Trade Nifty for 31 Oct 2011

Intrday
Above 5400 target 5455
Below 5350 target 5319
Below 5319 target 5234

Weekly Nifty 31 Oct to 04 Nov 2011

Above 5400 target 5428 and 5490
Above 5490 target 5570
Below 5390 target 5350 and 5310
Below 5310 target 5186