Thursday 21 August 2014
Nifty Post Market Review 21 August 2014
Today Middle Level got whipsawed twice however gave back the loss.
If you had to trade the lower and upper level Nifty gave more than 50 points twice.
Points to consider when trading Intra Day Levels.
I wait for Nifty to come within 2/3 points of either Lower/Upper or Middle level. I trade the level which Nifty makes contact first. For eg today Nifty opened at 7886 which was a punched in trade. Actual level it was trading as soon as it opened was below 7880 and it reached Lower buy level at 7874.
So the strategy is to Buy at 7874 (plus or minus 2/3 points from level) and ignore other levels. So for today the levels were buy above 7873 and Sell below 7854. Nifty came down twice to 7873 and each time gave us more than 45 points profit.
Positional Short got hit and I have not taken Long yet. If you are long then the stop is at 7880
If you had to trade the lower and upper level Nifty gave more than 50 points twice.
Points to consider when trading Intra Day Levels.
I wait for Nifty to come within 2/3 points of either Lower/Upper or Middle level. I trade the level which Nifty makes contact first. For eg today Nifty opened at 7886 which was a punched in trade. Actual level it was trading as soon as it opened was below 7880 and it reached Lower buy level at 7874.
So the strategy is to Buy at 7874 (plus or minus 2/3 points from level) and ignore other levels. So for today the levels were buy above 7873 and Sell below 7854. Nifty came down twice to 7873 and each time gave us more than 45 points profit.
Positional Short got hit and I have not taken Long yet. If you are long then the stop is at 7880
Wednesday 20 August 2014
Nifty Future Positional Levels - 21 August
Today at End Of Day exited Nifty at 7890 and went Short
PRESENT POSITION - SHORT
Stop & Reverse At:
JTSAR - 7925
Stop & Reverse At:
JTSAR - 7925
Nifty Post Market Round Up - 20 August 2014
Nifty gave 14 points from our Sell Level
Positional Nifty has become a short at EOD.
Positional Nifty has become a short at EOD.
Tuesday 19 August 2014
Nifty Post Market Round Up - 19 August 2014
Nifty reached our Sell Upper trading Level first hence SOLD at 7913 and it gave us our 20 points.
Monday 18 August 2014
Nifty Post Market Round Up - 18 August 2014
NIfty gave us first our 20 points and end of day gave us 75 points.
Nifty Future Positional Level- 18 August 2014
Position - LONG -Positional Stop & Reverse
JTSAR 7731
If JTSAR gets hit reverse position above 7731 stop will be the high of the last two days whichever is higher
JTSAR 7731
If JTSAR gets hit reverse position above 7731 stop will be the high of the last two days whichever is higher
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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
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TATA MOTORS FUTURES Buy Above 277.50 Sell Below 275.00
