Tuesday, 15 November 2011

Just Trade Nifty 16 Nov 2011

Above 5064 target 5110
Below 5053 target 5028-5020
Cluster support at 5020
Below 5020 target 4820

Weekly Channel Just Trade Nifty 14th Nov to 18th Nov 2011 -UPDATE

As per weekly channel chart posted short at 5132 is nearing our target of 5039. Todays low of Nifty 5053.80 and close is at 5054.45. Profit of 77 points.
CLICK HERE TO READ THE POST

Monday, 14 November 2011

Saturday, 12 November 2011

Weekly Channel Just Trade Nifty 14th Nov to 18th Nov 2011

Above 5161 target 5222 and 5265
Above 5265 target 5362 and 5510
Below 5132 target 5039
Below 5039 target 4848

Just Trade Nifty for 14 Nov 2011

Above 5147 target 5165- 5189
Above 5189 target 5240- 5300
Below 5129 target 5038

Friday, 11 November 2011

Just Trade Nifty for 11-11-11

Above 5228 target 5240-5268
Below 5218 target 5160 -5121
Cluster resistances at 5228-40

Tuesday, 8 November 2011

Just Trade Nifty for 09 Nov 2011


On the 15 min chart we have a channel formation. The levels are:
Above 5307 breakout
Below 5249 breakdown

Daily chart show the following levels:
Above 5273 target 5304/5310
Cluster resistances at 5304-5310
Sell Below 5263 target 5225/5160

Weekly Levels
Buy Above 5259 target 5321-5351-5369-5589
Sell Below 5249 target 5160


Channel Levels
Buy Above 5365
Sell Below 5254
Trading Zone
Buy Above 5254 & Sell Below 5365
Stop Loss 20 points on either side

Friday, 4 November 2011

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 SegmentDateDayDescription
FO07-Nov-2011MondayBakri Id
FO10-Nov-2011ThursdayGurunanak Jayanti
FO06-Dec-2011TuesdayMoharram

Wednesday, 2 November 2011

Sunday, 30 October 2011

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

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