Thursday, 30 August 2012

Nifty Future 30 August 2012






Nifty

All upper levels are in Sell and two lower levels in Sell Mode.

Sell Nifty on rises to 5315
Buy Nifty on dips near 5272 stop will be 20 points 


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.

Wednesday, 29 August 2012






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.

Tuesday, 28 August 2012






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.


Friday, 10 August 2012

Saturday, 4 August 2012

Monday, 14 May 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

Thursday, 29 March 2012

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.

Wednesday, 28 March 2012

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.

Tuesday, 27 March 2012

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 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