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

Just Trade Trend 06 Jan 2012

Just Trade Trend 05 Jan 2012

Just Trade Trend 04 Jan 2012

Nifty Levels for 03 Jan

If SAR at 4649.25 is taken today then the stop loss for longs will be 4625.
Above 4672 Nifty will confirm this reversal.

Just Trade Trend 03 Jan 2012

Just Trade Trend 02 Jan 2012

Happy New Year

Just Trade Trend 30 Dec

Nifty Yearly Low of 2011

Nifty Year low of 2011 till date is 4531.  Buying here at 4641.


Stop placed at 4530.

Nifty Levels as Per Pre OPen

As per Pre Open 
Buy Above 4684.67 & Sell Below 4684.67

Just Trade Nifty Future 28 Dec-Chart

Just Trade Nifty Future 29 Dec

Sell Below 4728.70 stop loss 4752 target 4706-4684-4662
Buy Above 4772.70 stop loss 4748 target 4794-4816-4838


As per closing the levels are
Buy Above 4706.75 & Sell Below 4684

Weekly Nifty 26 to 30 Dec- End of Day 2

The above chart is of Nifty Future. We still do not have a buy at the end of Day 2.

Just Trade Nifty 28 Dec

Above 4745-50 target 4785-93-4805
Below 4745 target 4727.
Below 4727 breakdown

Just Trade Nifty Future 28 Dec

Above 4744 target 4756-66-4794
Below 4744 target 4731-21-17
Below 4717 target 4696

Just Trade Nifty Trading Levels 27 Dec

Just Trade Nifty 27 Dec

Above 4750 target 4766-70
Above 4770 target 4880
Below 4750 target 4717

Weekly Nifty 26 to 30 Dec- End of Day 1

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