Saturday 15 November 2014

Nifty Future Trading Levels- 17 Nov 2014

Crossing 8428 Buy and add more around 8415 Stop 8381 Tgt 8441,8465

Breaking 8381 Sell and add more around 8393 Stop 8428 Tgt 8367,8344

Sideways market between the Buy and Sell levels

Buy at 8387 Stop 8381 Tgt 20 points
Sell at 8421 Stop 8428  Tgt 20 points

Result
First Sell triggered at 8381 and Stop got hit- Loss of 47 points
Buy at 8428 reached 2nd target- Profit of  35 points.- Net Loss 12 points

Thursday 13 November 2014

Nifty Future Trading Levels - 14 November 2014

Crossing 8419 Buy and add more around 8400 Stop 8355

Breaking 8355 Sell and add more around 8371 Stop 8419

Result 

Morning Nifty made low of 8368 and did not give entry to go long at 8355+5= 8360

Afternoon around 12.15 and again at 1.40 PM Nifty made High of 8414 which gave entry to go short at 8419-5=8414. Both the entry gave us 20 points each.
After 3 PM Nifty crossed our Buy Level 8419 and closed at 8416.

Wednesday 12 November 2014

Nifty Trading Levels-13 Nov 2014

Crossing 8441 Buy around 8430 Stop 8405

Breaking 8405 Sell around 8415 Stop 8442

Result
 First Trade Short at 8405 gave 30 points
Second trade Short at 8415 gave 60 points

Nifty Trading Levels for 12 Nov 2014

Crossing 8407 buy around 8395 Stop 8364

Breaking 8364 sell around 8375 Stop 8407

Result

Buy at 8407 gave 33 points profit

Thursday 21 August 2014

Nifty Intra Day Trading Levels - 22 August 2014


Nifty Post Market Review 21 August 2014

Today Middle Level got whipsawed twice however gave back the loss.

If you had to trade the lower and upper level Nifty gave more than 50 points twice.

Points to consider when trading Intra Day Levels.

I wait for Nifty to come within 2/3 points of either Lower/Upper or Middle level.  I trade the level which Nifty makes contact first. For eg today Nifty opened at 7886 which was a punched in trade. Actual level it was trading as soon as it opened was below 7880 and it reached Lower buy level at 7874. 
So the strategy is to Buy at 7874 (plus or minus 2/3 points from level) and ignore other levels. So for today the levels were buy above 7873 and Sell below 7854. Nifty came down twice to 7873 and each time gave us more than 45 points profit.
 

Positional Short got hit and I have not taken Long yet. If you are long then the stop is at 7880

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