Bank Nifty 30 August 2012

Bank Nifty is trading well below breakdown Level 2. 

It is in Sell on rises means we sell at every resistance area. 
The resistances for today are 10047.60 and 10135.
Support is at 9959/60

Today being expiry day we may see whipsaws in the market.
Trade with caution or stay out.

Results for 29 August 2012

Nifty

Open High was same at 5350 and our stand was to sell below 5362. Went short at opening at 5344 exited partially at 5318 and fully at 5300. Total points 44 points 

BankNifty

As per strategy opening went long at 10090 and exited at 10145. Decision to exit was taken as BNF missed our target of 10167 by 12 points and below 10167 is sell area.  Went short at 10140 as per plan and exited at 10040. Total Points 150 points.

All Six Levels are in SELL Mode

Above 10090 will trade towards 10167
Buy Above 10090 target 10167. Stop at 10030
Sell on rises to 10167 and 10211 stop at 10256

Nifty Future 29 August 2012

All Three Upper Trading Levels are in SELL mode.
One Lower Trading Level is in SELL mode and two are in Buy Mode

Below 5362 will trade towards 5318.  

Sell around 5362 or even higher at 5390 stop at 5413
Buy near 5318.

Trading Range 5318 to 5362

Result of 28 August 2012

Nifty
Went short at 5360 and bought back 5322

Bank Nifty
Went short at 10166 bought back at 10066

Cheers

Positions taken as per post of 28th August.

High Trading Range showing SELL in three levels
Lower Trading Range showing Buy in three levels

Above 5363 will trade towards 5391. Sell around 5391/5400 stop 5416
Below 5363 will see 5320

BankNifty -28 August 2012

All SIX Levels showing a SELL

Down Trend to continue below 10177.  Above this will pause and give opportunity to sell on rises.
For today above 10197 sell around 10241 with stop above Breakdown 1 which is at 10286.

Weekly Nifty Trading Levels

Updated Weekly Levels

Buy Above 5318.50
Sell Below 5290.00

All Spot Levels

Nifty Future Weekly Trading Levels - 6 To 10 August 2012

All Levels In Spot

Buy Above 5245.75

Sell Below 5214.25

Any Changes in the levels will be updated.

Nifty Future Weekly Trading Levels - 16 To 20 July 2012

Write to justttrade@gmail.com for details of how to trade these levels.

Nifty Future Intra Day Trading Levels 04 July 2012

Nifty Future Intra Day Trading Levels 14 May

Trading Levels from 09:15 AM to 01:00 PM
Lower Trading Levels

Sell Below 4916
Buy Above 4942

Upper Trading Levels
Sell Below 4991
Buy Above 5017

Trading Levels from 01:01 PM to 3:29 PM
Lower Trading Levels

Sell Below 4893
Buy Above 4913

Upper Trading Levels
Sell Below 4950
Buy Above 4970

Positional Nifty Update for 03 May 2012-UPDATE

Partially Booked Profit at 5214.

Positional Nifty Update for 03 May 2012

Long profit booked on 02 May 2012 at 5295.
SAR was plugged at 5245.


Present Position Short at 5245


SAR plugged at 5305

Nifty Positional Update for 30 January 2012-UPDATE

LONG TRIGGERED AT 5250. 


STOP AND REVERSE NOW AT 5168.

Positional Nifty Update for 30 April 2012

Present Position- Short from 5310


Stop and Reverse Position if Nifty Future crosses 5251.

Nifty Future Intra Day Trading Levels 29 March

Upper Trading Range

Sell Below 5218.40 stop and reverse 5240

Lower Trading Range

Buy Above 5176.40 stop and reverse 5155.40

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.

Nifty Future Intra Day Trading Levels 28March

Upper Trading Range

Sell Below 5281.13 stop and reverse 5310.52

Lower Trading Range

Buy Above 5222.37 stop and reverse 5192.98

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.

Nifty Future Intra Day Trading Levels 27March

Upper Trading Range

Sell Below 5218.45 stop and reverse 5245.65

Lower Trading Range

Buy Above 5164.18 stop and reverse 5136.50

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.

Nifty Weekly Trading Levels -26 to 30 March 2012

Upper Trading Range

Sell Below 5337.50 stop and reverse 5389.60

Lower Trading Range

Buy Above 5233.24 stop and reverse 5181