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 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