Thursday, 30 August 2012

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.


Friday, 10 August 2012

Saturday, 4 August 2012

Monday, 14 May 2012

Nifty Future Intra Day Trading Levels 14 May

Trading Levels from 09:15 AM to 01:00 PM
Lower Trading Levels

Sell Below 4916
Buy Above 4942

Upper Trading Levels
Sell Below 4991
Buy Above 5017

Trading Levels from 01:01 PM to 3:29 PM
Lower Trading Levels

Sell Below 4893
Buy Above 4913

Upper Trading Levels
Sell Below 4950
Buy Above 4970

Thursday, 29 March 2012

Nifty Future Intra Day Trading Levels 29 March

Upper Trading Range

Sell Below 5218.40 stop and reverse 5240


Lower Trading Range


Buy Above 5176.40 stop and reverse 5155.40


How to Trade the Above Levels

Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.

Wednesday, 28 March 2012

Nifty Future Intra Day Trading Levels 28March

Upper Trading Range

Sell Below 5281.13 stop and reverse 5310.52


Lower Trading Range


Buy Above 5222.37 stop and reverse 5192.98


How to Trade the Above Levels

Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.

Tuesday, 27 March 2012

Nifty Future Intra Day Trading Levels 27March

Upper Trading Range

Sell Below 5218.45 stop and reverse 5245.65


Lower Trading Range


Buy Above 5164.18 stop and reverse 5136.50


How to Trade the Above Levels

Scenario 1

Open price is between Sell Below and Buy Above Levels

 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 

For  Sell

Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.


Scenario 2

Open price is between Sell Below and Stop & Reverse Levels.

  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.

For Short 

 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels

The above set up is true for Lower Trading Levels also.

Monday, 26 March 2012

Nifty Weekly Trading Levels -26 to 30 March 2012

Upper Trading Range

Sell Below 5337.50 stop and reverse 5389
.60

Lower Trading Range


Buy Above 5233.24 stop and reverse 5181

Nifty Future Intra Day Trading Levels 26March

Upper Trading Range

Sell Below 5312.20 stop and reverse 5339


Lower Trading Range


Buy Above 5258.54 stop and reverse 5231


How to Trade the Above Levels

Scenario 1

Open price is between Sell Below and Buy Above Levels

 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 

For  Sell

Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.


Scenario 2

Open price is between Sell Below and Stop & Reverse Levels.

  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.

For Short 

 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels

The above set up is true for Lower Trading Levels also.

Thursday, 22 March 2012

Nifty Future Intra Day Trading Levels 23March

Upper Trading Range

Sell Below 5292.20 stop and reverse 5344.30


Lower Trading Range


Buy Above 5187.95 stop and reverse 5135.80


How to Trade the Above Levels

Scenario 1

Open price is between Sell Below and Buy Above Levels

 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 

For  Sell

Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.


Scenario 2

Open price is between Sell Below and Stop & Reverse Levels.

  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.

For Short 

 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels

The above set up is true for Lower Trading Levels also.

Postional Trading Update 23 March

Stop and Reverse triggered on 22 March at 5249.
Present Position - Short at 5249
Stop and Reverse placed at 5411
Maximum points gained 29 points

Wednesday, 21 March 2012

Nifty Future Intra Day Trading Levels 22March

Upper Trading Range

Sell Below 5430.10 stop and reverse 5465.70

Lower Trading Range

Buy Above 5359 stop and reverse 5323

How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.

Postional Trading Update 22 March

Stop and Reverse triggered on 20 March at 5315.
Present Position - Long at 5315
Stop and Reverse placed at 5249
Maximum points gained 90 points.
Upper Trading Range

Sell Below 5317.85 stop and reverse 5338.75

Lower Trading Range

Buy Above 5276.15 stop and reverse 5255.30

How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.

Postional Trading Update 21 March

Stop and Reverse triggered on 20 March at 5315.
Present Position - Long at 5315
Stop and Reverse placed at 5249


Monday, 19 March 2012

Nifty Future Intra Day Trading Levels 20March

Upper Trading Range

Sell Below 5305 stop and reverse 5332.75

Lower Trading Range

Buy Above 5249.50 stop and reverse 5221

How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.


Scenario 3
Open price is outside Stop & Reverse Levels
Wait for prices to come below Stop & Reverse Levels and trade according to Scenario 2.

Sunday, 18 March 2012

Nifty Future Intra Day Trading Levels 19 March


5494 Breakout Target
5426 Stop & Reverse
5384 SHORT





5301 LONG
5260 Stop & Reverse
5191 Breakout Target

Nifty Positional Update for 19 March 2012

Sell Triggered at 5345 on 16 March 2012.
Initial Target for partial profit booking placed at 5148
Stop and Reverse plugged at 5543.


Intra day Trading Levels 
Buy Above 5357 target 5374,5387,5391,5420
Sell Below 5334 target 5316,5291,5270,5246


Resistance at 5388.Only crossing this will there be any further up-move. 
Since trend is down 5380-88 is a good level to go short.

Friday, 16 March 2012




5531 Breakout Target
5480 Long breakout
5450 LONG ABOVE
5439 SHORT
5429
56
5409
5399 LONG
5389 SHORT BELOW
5358 Short breakout
5308 Breakout Target

Trading Levels based on different time frames-Study

Based on 2 Day Trend + Close
Buy Above 5410
Sell Below 5404
Buy Above 5397
Sell Below 5393

 Based on 2 Day
Buy above 5486
Sell Below 5451
Buy above 5404
Sell Below 5386

Based on Trend Pivot + Close
Buy Above 5391
Sell Below 5373
Buy Above 5424
Sell Below 5414


Based on Trend High & Low
Buy Above 5467
Sell Below 5420
Buy Above 5357
Sell Below 5334


Based on Day High & Low
Buy Above 5466
Sell Below 5439
Buy Above 5404
Sell Below 5391


Based on Day High & Close
Buy Above 5475
Sell Below 5453
Buy Above 5424
Sell Below 5414


Based on Day Low & Close
Buy Above 5411
Sell Below 5405
Buy Above 5420
Sell Below 5417

Nifty Future Trading Levels 16 March

Buy Above 5424 target 5439,5456,5464,5477,5492
Sell Below 5414 target 5402,5390,5373,5361,5349

Wednesday, 14 March 2012

Nifty Positional Update for 14 March 2012

Long on 12th March @ 5347. At present stop and reverse is at 5343



For today the levels for trading are:

Above 5484 targets 5495-5511-25-41-56-79
Below 5468 targets 5456-5445-5426

Tuesday, 13 March 2012

Nifty Positional Update for 13 March 2012

Long on 12th March @ 5347. At present stop and reverse is at 5201.
Today Nifty crossing 5434 stop and reverse will change to 5343.


For today the levels for trading are:


Above 5421 targets 5446-67-97
Below 5421 targets 5400-5379-43




Friday, 2 March 2012

Nifty Future Trading Levels 02 March

Nifty Spot Positional
5396 
Sell on rises and exit if closes above 5396

NF
Resistance at 5375
Support at 5340



Thursday, 1 March 2012

Nifty Future Trading Levels 01 March

Buy Above 5511.61
Sell Below 5499.83


Buy Above 5465.33
Sell Below 5440.39


Buy Above 5405.89
Sell Below 5394.11


Average 
Buy Above 5460.95
Sell Below 5444.74


Remain Long Above 5357

Trendline Support at 5436 and Resistance at 5515

Thursday, 16 February 2012

Tuesday, 7 February 2012

Just Trade Nifty 07 Feb 2012

Above 5377 trade towards 5397 in a sideways movement
Above 5397 trend will turn bullish for the day
Below 5376 trade towards 5355 in a sideways mode
Below 5355 trend will turn bearish for the day

Above 5355 targets are 5367/5377/5399/5421
Below 5376 targets are 5364/5354/5332/5310

Saturday, 4 February 2012

Just Trade Nifty 06 Feb 2011





Just Trade Trend Indicator
Month Chart - Above 20- Buy Hold position
Week Chart   - Reaching 80 -  Buy At Cross Roads
Day Chart      - Above 80 - Buy Hold position
Hour Chart    - Above 80 - Buy Hold position
15 Chart        - Below 80 turning down


Hour/Day/Week and Month time frames are in a BUY. 
Intra Day Traders HOLD Buy Position & Exit and Reverse Position on close below 80 of Just Trade Indicator on Hour chart
Short Term Positional Traders Exit & Reverse Position when Just Trade Indicator turns below 80 on Daily Chart
For 06 Feb if JTI remains above 80 on Hour Chart then buy in dips when JTT comes near 20 on 15 Min chart.

Friday, 3 February 2012

Nifty Future Trading Levels 3 Feb

Nifty Future Trading Levels 3 Feb


Above 5278 the day trend turns bullish
Below 5276 will trade towards 5255 in a sideways mode.
Above 5254 will trade towards 5277 in a sideways mode
Below 5250 the day trend turns bearish.



Monday, 30 January 2012

Nifty Future Trading Levels 31 Jan

Nifty Future Trading Levels 31 Jan

Above 5123.50 trade towards 5160 in a sideways mode.
Above 5160 trade towards 5212 in a sideways mode.
Above 5212 the day trend turns bullish.
Below 5160 trade towards 5123 in a sideways mode
Below 5121 the day trend turns bearish.


Bullish targets above 5124 are 5135/5145/5167/5189
Bearish targets below 5160 are 5148/5138/5116/5094

Nifty Positional Update for 31 January 2012

Long from 05 January 2012 at 4750
Partial Profit Booked on 20 January 2012 at 5050
Trailing Stop Loss hit today at 5149. 

Gone Long at 4750 on 05 January exit on 30 January. 
Profit 5149-4750= 399 points.


Present Position- No Position.

Sunday, 29 January 2012

Nifty Future Trading Levels 30 Jan

Nifty Future Trading Levels 30 Jan

Above 5203 trade towards 5226 in a sideways mode.
Above 5226 the day trend turns bullish.
Below 5193 the day trend turns bearish.


Bullish targets above 5203 are 5216/5238/5260/5282/5304
Bearish targets below 5193 are 5180/5158/5136/5114/5090

Nifty Positional Update for 30 January 2012

Long from 05 January 2012 at 4750
Partial Profit Booked on 20 January 2012 at 5050
Trailing Stop Loss for 30 January 2012 plugged at 5149.
Exit Nifty if it closes below 5149 today.

Market View 30 January 2012

On Friday Nifty has closed exactly at 200 SMA and formed a hanging man. A few days back there was a huge spike in VROC at 200 EMA indicating that it has pushed the resistance and now it has become support.
However we have VROC closing below the zero line on Friday. Negative values are indications of the weakening of existing trends.

Three important factors to consider:
1. Closed just below 200 SMA
2. Formed a Hanging Man
3. VROC closed negative.


Watch the next couple of days for confirmation of a reversal.

Friday, 27 January 2012

Nifty Positional Update for 27 January 2012

Long from 05 January 2012 at 4750
Partial Profit Booked on 20 January 2012 at 5050
Trailing Stop Loss for 27 January 2012 plugged at 5080.
Exit Nifty if it closes below 5080 today.

Nifty Future Trading Levels 27 Jan

Nifty Future Trading Levels 27 Jan

Above 5152 trade towards 5183.50 in a sideways mode.
Above 5183.50 the day trend turns bullish.
Below 5150 the day trend turns bearish.


Bullish targets above 5152 are 5164/5174/5196/5218/5240
Bearish targets below 5150 are 5139/5129/5107/5085/5063

Tuesday, 24 January 2012

Nifty Positional Update for 25 January 2012

Long from 05 January 2012 at 4750
Partial Profit Booked on 20 January 2012 at 5050
Trailing Stop Loss for 25 January 2012 plugged at 5044.
Exit Nifty if it closes below 5044 today.

Status: Max Gained :- 400 points.

Nifty Future Trading Levels 25 Jan

Above 5071 trade towards 5127 in a sideways mode.
Above 5127 trade towards 5150 in a sideways mode.
Above 5150 the day trend turns bullish.
Below 5127 trade towards 5071 in a sideways mode.
Below 5070 the day trend turns bearish.

Bullish targets above 5071 are 5083/5093/5115/5137- stop loss at 5048

Bearish targets below 5127 are 5115/5105/5083/5061- stop loss at 5150

Nifty Positional Update for 24 January 2012

Long from 05 January 2012 at 4750
Partial Profit Booked on 20 January 2012 at 5050
Trailing Stop Loss for 24 January 2012 plugged at 5002.
Exit Nifty if it closes below 5002 today.

Status: Partial Profit of 300 points booked.

Monday, 23 January 2012

Nifty Future Trading Levels 24 Jan

Above 5058.50 trade towards 5097 in a sideways mode.
Above 5097 the day trend turns bullish.
Below 5039.50 the day trend turns bearish.

Bullish targets above 5058.50 are 5070/5080/5102/5124

Bearish targets below 5039.50 are 5027/5017/4996/4974

Friday, 20 January 2012

Nifty Future Trading Levels 23 Jan

Above 5042 trade towards 5092 in a sideways mode.
Above 5092 the day trend turns bullish.
Below 5028 the day trend turns bearish.

Bullish targets above 5042 are 5051/5073/5095

Bearish targets below 5028 are 5019/4998/4976

Thursday, 19 January 2012

Nifty Future Trading Levels 20 Jan

Above 5013 trade towards 5031 in a sideways mode.
Above 5031 the day trend turns bullish.
Below 5004 the day trend turns bearish.

Bullish targets above 5013 are 5035/5057/5079
Bearish targets below 5004 are 4983/4961/4939

Nifty Future Trading Levels 19 Jan

Above 4958 trade towards 4978 in a sideways mode.
Above 4978 the day trend turns bullish.
Below 4956 the day trend turns bearish.


Bullish targets above 4958 are 4979/5001/5023
Bearish targets below 4956 are 4936/4914/4892

Tuesday, 17 January 2012

Just Trade Trend 17 Jan 2012

Resistance at 4904.50
Support at 4867.25


Breakout above 4877.65


Trading Zone - 4877 to 4857


Breakdown below 4857

Monday, 16 January 2012

Just Trade Trend 16 Jan 2012

Above 4874 target 4895/4917/39/61
Below 4829 target 4807/4785/63/41


AGNI LEVEL AT 4918.50
DEV SAR  4865.30

Thursday, 12 January 2012

Nifty Future Trading Levels 13 Jan

Buy Above 4826 target 4853-65-91
Sell Below 4847 target 4821-09-4782
No Trade Zone 4826-4847

Just Trade Trend 13 Jan 2012


Above 4870 trade up
Below 4839 trade down
Trading Zone- 4839 to 4870

Just Trade Trend 12 Jan 2012

JT TREND SAR AT 4814.15


REMAIN LONG ABOVE 4814.15 AND SHORT BELOW 4814.
INITIAL STOP IF SHORT TRIGGERED IS PLUGGED AT 4836.50

Nifty Future Trading Levels 12 Jan

Buy Above 4836.50 target 4864, 4882, 4899.
Above 4899 Breakout.


Sell Below 4855 target 4838,4820,4792
Below 4792 Breakdown


Since Buy Above and Sell Below are clashing it is No trade Zone or Trading Zone.
Buy Above 4836.50 and Sell Below 4855

Just Trade Nifty 12 Jan

Above 4865 Nifty will trade sideways till 4900
Only Above 4900 bulls will show strength.
Below 4865 Nifty will trade lower.

Tuesday, 10 January 2012

Weekly Nifty 10 Jan


The above chart shows that 200 EMA has crossed above 200 SMA. RSI is at 42.5.
The 200 SMA is at 4767 and 200 EMA at 4848. Closing Above 200 SMA and RSI above 45 will give signal of an upmove starting. Closing above 200 EMA will confirm the uptrend and the whipsaw which we have been seeing for the last few days will stop and the UP Trend will start.
Till this happens the trend is down.

Just Trade Trend 10 Jan 2012

Last two days we have seen whipsaw trades. The secret of any system espicially a trend following system is to follow consistently. Today we do not have any carried over position.
 Go Long Above 4751 and Short Below 4706. Stop will be JT Trend for the day at 4728.50

Wednesday, 28 December 2011

Tuesday, 27 December 2011

Saturday, 24 December 2011

Weekly Nifty Analysis

The above weekly chart shows 200 DSMA at 4769.15.  This is a important level to watch out for.
Next week if we close above 4769.15 and if RSI closes above 45 then we can go long with the low of next weeks candle as stop loss.  On the contrary if we close below 4769 next week with RSI closing below 45 then we can go short with the high of next weeks candle as stop loss.
For next week aggressive traders can go short near 4769 stop at 4800 and go long above 4800 stop below 4769

Thursday, 22 December 2011

Nifty Levels for 23 Dec

For the entire day levels are:
Buy Above 4654.50 stop loss 4629 target 4676,4698,4720,4742,4764,4786
Sell Below 4610 stop loss 4635 target 4588,4566,4544


For Opening Range :
Sell Below 4720 and Buy Above 4743

Just Trade Nifty 23 Dec 2011

Above 4721 target 4770
Below 4721 target 4780

Wednesday, 21 December 2011

AS PER CLOSING THE LEVELS ARE
BUY ABOVE 4712.50 & SELL BELOW 4690
NIFTY SPOT TRADING LEVELS


BUY ABOVE 4624 STOP LOSS 4600 TARGET 4646,4668,4690,4712,4734,4756
SELL BELOW 4580 STOP LOSS 4605 TARGET 4558,4536


Just Trade Nifty 22 Dec 2011

Above 4680 Buy
Below 4665 support 4630-35

Tuesday, 20 December 2011

NIFTY SPOT TRADING LEVELS

BUY ABOVE 4648 STOP LOSS 4624 TARGET 4692,4714,4736,4758

SELL BELOW  4604 STOP LOSS 4628 TARGET 4582,4560,4538,4516,4494,4472

Just Trade Nifty 21 Dec

Above 4625 Buy
Below 4600 Sell

Sunday, 18 December 2011

Just Trade Nifty 19 Dec 2011

Below 4672 target 4617
Above 4617 target 4672
Above 4672 target 4779
Below 4617 Breakdown

Just Trade Nifty 19 Dec 2011


R1 STRATEGY Opens Gap Up near R1 sell CC below R1 for target of TD OR


Opens Gap Up near R1 buy CC above R1 for target of R2


R2 STRATEGY Opens Gap Up Near R2 sell CC below R2 for target of R1      


Opens Gap Up Near Rs buy CC above R2 for target of R3

 


TD STRATEGY Opens Flat near TD wati for CC either above or below TD and take postion        

This means if opens above TD look for support at TD and a CC above TD Buy

If breaks TD then look for CC below TD and Sell    

S1 STRATEGY Opens Gap Down near S1 buy CC above S1 for target of TD OR


Opens Gap Down near S1 SELL CC below S1 for target of S2


S2 STRATEGY Opens Gap Down Near S2 buy CC above S2 for target of S1 OR 


Opens Gap Down Near S2 sell CC below S2 for target of S3 












STOP LOSS STOP & REVERSE FOR ALL STRATEGY          
CC IN THE OPPOSITE DIRECTION



 
THIS MEANS FOR EXAMPLE R1 STRATEGY IF SOLD BELOW R1 S&R CC ABOVE R1
R3 R2 R1 TD S1 S2 S3
4888.65 4844.65 4800.65 4756.65 4712.65 4668.65 4624.65

Friday, 16 December 2011

Nifty Future Trading Levels 16 Dec -Marked on Chart

Nifty Future Levels marked on the Chart. Arrow marks shows the bias and whether a levels acts as both support and resistance or only as support/resisatnce

Nifty Future Trading Levels 16 Dec

Above 4737 bias Positive
Below 4706 bias Negative
No Trade Zone- 4737-4706
Trading Zone- 4737 To 4797
Breakout Above 4822
Trading Zone Strategy:- Buy at Support 4737 and Sell at Resistance 4797

Thursday, 15 December 2011

Nifty Trading Levels 16 Dec

Gaps up look for Resistance at 4780 &4801
Gaps down look for support at 4741 &4728
Above 4728 target 4741,4767,4780
Above 4780 target 4801,4873,4917
Below 4728 target 4720,4708,4688,4676
Below 4676 target 4655,4602

Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT