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.

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.

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

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.

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

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

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

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

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

NIFTY FUTURE SUPP & RES & BREAKOUT & BREAKDOWN

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