Saturday 1 September 2012

Bank Nifty Future Trading Levels 03 September 2012

All Upper and Lower Levels are In SELL Mode

Bank Nifty continues to be Sell in rises
Sell Bank Nifty on rises 10155 and 10199 stop 10245
Buy ind dips near 9980/90 stop 9950

Nifty Future Trading For 03 September 2012





All Three Upper Trading Levels are in SELL mode
Two out of three Lower Levels are in SELL mode

Nifty continues to be buy in dips and sell on rises
Sell Nifty on rises to 5301 and 5324 stop 5346
Buy Nifty on dips near 5358/60 Stop 20 points

Results for 31 August 2012

Nifty

As per plan went short at 5309 and 5325 exit at 5270
Went Long at 5270 and exit at 5290
Total Points plus 75 points

Bank Nifty
AS per plan went short at 10013/10147 exit at 10040
Went Long at 10030 exit at 10070
Total points 140 points


Thursday 30 August 2012

Nifty Future 31 August 2012





Nifty 

All upper levels are in Sell and two lower levels in Sell Mode.

Sell on rises 5309 and 5331 stop at 5354
Buy is around 5265/66 stop 20 points

Bank Nifty Future 31 August 2012





Bank Nifty is trading below all six levels.
It is sell on rises 10103 and 10147 
Support at 10016 where we can buy.

Result for 30th August

Nifty

As per plan went Long at 5272 and exit at 5315
44 points plus

Bank Nifty

Bought at support at 9970 exit at 10047
77 points plus

Nifty Future 30 August 2012






Nifty

All upper levels are in Sell and two lower levels in Sell Mode.

Sell Nifty on rises to 5315
Buy Nifty on dips near 5272 stop will be 20 points 


Bank Nifty 30 August 2012





Bank Nifty is trading well below breakdown Level 2. 

It is in Sell on rises means we sell at every resistance area. 
The resistances for today are 10047.60 and 10135.
Support is at 9959/60

Today being expiry day we may see whipsaws in the market.
Trade with caution or stay out.

Results for 29 August 2012

Nifty

Open High was same at 5350 and our stand was to sell below 5362. Went short at opening at 5344 exited partially at 5318 and fully at 5300. Total points 44 points 

BankNifty

As per strategy opening went long at 10090 and exited at 10145. Decision to exit was taken as BNF missed our target of 10167 by 12 points and below 10167 is sell area.  Went short at 10140 as per plan and exited at 10040. Total Points 150 points.

Wednesday 29 August 2012






All Six Levels are in SELL Mode

Above 10090 will trade towards 10167
Buy Above 10090 target 10167. Stop at 10030
Sell on rises to 10167 and 10211 stop at 10256


Nifty Future 29 August 2012






All Three Upper Trading Levels are in SELL mode.
One Lower Trading Level is in SELL mode and two are in Buy Mode

Below 5362 will trade towards 5318.  

Sell around 5362 or even higher at 5390 stop at 5413
Buy near 5318.

Trading Range 5318 to 5362

Result of 28 August 2012

Nifty
Went short at 5360 and bought back 5322

Bank Nifty
Went short at 10166 bought back at 10066

Cheers

Positions taken as per post of 28th August.

Tuesday 28 August 2012






High Trading Range showing SELL in three levels
Lower Trading Range showing Buy in three levels

Above 5363 will trade towards 5391. Sell around 5391/5400 stop 5416
Below 5363 will see 5320


BankNifty -28 August 2012






All SIX Levels showing a SELL

Down Trend to continue below 10177.  Above this will pause and give opportunity to sell on rises.
For today above 10197 sell around 10241 with stop above Breakdown 1 which is at 10286.


Nifty Future Intraday Trading Levels- 03 June

  Above 15593 NF will Trend UP Below 15500 NF will Trend Down Between 15593 and 15500 it will be  sideways. Trend Decider is 15547