Wednesday, 21 March 2012

Postional Trading Update 21 March

Stop and Reverse triggered on 20 March at 5315.
Present Position - Long at 5315
Stop and Reverse placed at 5249


Monday, 19 March 2012

Nifty Future Intra Day Trading Levels 20March

Upper Trading Range

Sell Below 5305 stop and reverse 5332.75

Lower Trading Range

Buy Above 5249.50 stop and reverse 5221

How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
 For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse. 
For  Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.

Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
  For Long
 Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short 
 When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.


Scenario 3
Open price is outside Stop & Reverse Levels
Wait for prices to come below Stop & Reverse Levels and trade according to Scenario 2.

Sunday, 18 March 2012

Nifty Future Intra Day Trading Levels 19 March


5494 Breakout Target
5426 Stop & Reverse
5384 SHORT





5301 LONG
5260 Stop & Reverse
5191 Breakout Target

Nifty Positional Update for 19 March 2012

Sell Triggered at 5345 on 16 March 2012.
Initial Target for partial profit booking placed at 5148
Stop and Reverse plugged at 5543.


Intra day Trading Levels 
Buy Above 5357 target 5374,5387,5391,5420
Sell Below 5334 target 5316,5291,5270,5246


Resistance at 5388.Only crossing this will there be any further up-move. 
Since trend is down 5380-88 is a good level to go short.

Friday, 16 March 2012




5531 Breakout Target
5480 Long breakout
5450 LONG ABOVE
5439 SHORT
5429
56
5409
5399 LONG
5389 SHORT BELOW
5358 Short breakout
5308 Breakout Target

Trading Levels based on different time frames-Study

Based on 2 Day Trend + Close
Buy Above 5410
Sell Below 5404
Buy Above 5397
Sell Below 5393

 Based on 2 Day
Buy above 5486
Sell Below 5451
Buy above 5404
Sell Below 5386

Based on Trend Pivot + Close
Buy Above 5391
Sell Below 5373
Buy Above 5424
Sell Below 5414


Based on Trend High & Low
Buy Above 5467
Sell Below 5420
Buy Above 5357
Sell Below 5334


Based on Day High & Low
Buy Above 5466
Sell Below 5439
Buy Above 5404
Sell Below 5391


Based on Day High & Close
Buy Above 5475
Sell Below 5453
Buy Above 5424
Sell Below 5414


Based on Day Low & Close
Buy Above 5411
Sell Below 5405
Buy Above 5420
Sell Below 5417

Nifty Future Trading Levels 16 March

Buy Above 5424 target 5439,5456,5464,5477,5492
Sell Below 5414 target 5402,5390,5373,5361,5349

Wednesday, 14 March 2012

Nifty Positional Update for 14 March 2012

Long on 12th March @ 5347. At present stop and reverse is at 5343



For today the levels for trading are:

Above 5484 targets 5495-5511-25-41-56-79
Below 5468 targets 5456-5445-5426

Tuesday, 13 March 2012

Nifty Positional Update for 13 March 2012

Long on 12th March @ 5347. At present stop and reverse is at 5201.
Today Nifty crossing 5434 stop and reverse will change to 5343.


For today the levels for trading are:


Above 5421 targets 5446-67-97
Below 5421 targets 5400-5379-43




Friday, 2 March 2012

Nifty Future Trading Levels 02 March

Nifty Spot Positional
5396 
Sell on rises and exit if closes above 5396

NF
Resistance at 5375
Support at 5340



Thursday, 1 March 2012

Nifty Future Trading Levels 01 March

Buy Above 5511.61
Sell Below 5499.83


Buy Above 5465.33
Sell Below 5440.39


Buy Above 5405.89
Sell Below 5394.11


Average 
Buy Above 5460.95
Sell Below 5444.74


Remain Long Above 5357

Trendline Support at 5436 and Resistance at 5515

Thursday, 16 February 2012

Tuesday, 7 February 2012

Just Trade Nifty 07 Feb 2012

Above 5377 trade towards 5397 in a sideways movement
Above 5397 trend will turn bullish for the day
Below 5376 trade towards 5355 in a sideways mode
Below 5355 trend will turn bearish for the day

Above 5355 targets are 5367/5377/5399/5421
Below 5376 targets are 5364/5354/5332/5310

Saturday, 4 February 2012

Just Trade Nifty 06 Feb 2011





Just Trade Trend Indicator
Month Chart - Above 20- Buy Hold position
Week Chart   - Reaching 80 -  Buy At Cross Roads
Day Chart      - Above 80 - Buy Hold position
Hour Chart    - Above 80 - Buy Hold position
15 Chart        - Below 80 turning down


Hour/Day/Week and Month time frames are in a BUY. 
Intra Day Traders HOLD Buy Position & Exit and Reverse Position on close below 80 of Just Trade Indicator on Hour chart
Short Term Positional Traders Exit & Reverse Position when Just Trade Indicator turns below 80 on Daily Chart
For 06 Feb if JTI remains above 80 on Hour Chart then buy in dips when JTT comes near 20 on 15 Min chart.

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.

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