Thursday, 12 January 2012

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

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