Pre Weekly Just Trade Nifty 07 to 11 Nov 2011

Today being the end of the week was looking at the weekly charts to see if we can get a heads up of how next weeks trading will look before the close of this week which may help in taking postion at the end of the day today if an opportunity arises.

Triangle Formation is seen. Above 5369 Breakout but cluster resistacnes at 5380 and 5391. Below 5263 Breakdown.

Trading Strategy

Buy Above 5391

Sell Below 5263

Trading Zone

Sell Below 5369

Buy Above 5263

Stop as usual 20 points above or below

Trading Holiday's week of 07th November 2011

Market Segment	Date	Day	Description
FO	07-Nov-2011	Monday	Bakri Id
FO	10-Nov-2011	Thursday	Gurunanak Jayanti
FO	06-Dec-2011	Tuesday	Moharram

Weekly Nifty 31 Oct to 04 Nov- UPDATE

Booked Nifty short at 5225 (future). Gone short on Monday at 5375. Profit 150 points

Just Trade Nifty for 04 Nov 2011

Above 5282 target 5304 and 5377
Below 5255 target 5236 and 5200

Just Trade Nifty 03 Nov 2011

Above 5252 target 5316 and 5383
Below 5224 target 5200
Below 5200 target 5160

Just Trade Nifty for 02 November 2011

Above 5224 target 5252 and 5316
Below 5191 target 5160

Weekly Nifty 31 Oct to 04 Nov- UPDATE

As per trading levels of Nifty gone short today at 5375 future. Stop 5400 Spot.

CLICK TO READ POST

Just Trade Nifty for 01 Nov 2011

Above 5319 target 5394 and 5461
Below 5295 target 5188

Channel Breakout Update

Written on 15th October - Nifty has been trading in a channel. Trading and closing above 5161 Nifty will target 5570. Time frame 15 to 30 days. CLICK HERE TO READ THE POST
Now as per the channel Above 5351 will trade upwards towards 5456 and 5525
Below 5351 will go into a sideways movment and first support is at 5300 and 5162

Just Trade Nifty for 31 Oct 2011

Intrday
Above 5400 target 5455
Below 5350 target 5319
Below 5319 target 5234

Weekly Nifty 31 Oct to 04 Nov 2011

Above 5400 target 5428 and 5490
Above 5490 target 5570
Below 5390 target 5350 and 5310
Below 5310 target 5186

Weekly Nifty 24 to 28 Oct 2011 -FINAL UPDATE

On 22nd October it was written that for this week Nifty Trading Levels are as follows:
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948
The week has ended today and the result is as follows:
We went long as per levels at 5097 and placed stop loss at 5075.
Nifty opened this week at 5114.70 made a low of 5084.75, high of 5399.70 and closed at 5360.70.
Our target was 5394 which is achieved. Total profit this week is 297 points.

Weekly Nifty 24 to 28 Oct 2011 -UPDATE

On 22nd October it was written that for this week Nifty Trading Levels are as follows:
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948


From Monday till date Nifty opened near 5114 made a low of 5084.75 and has closed at 5200. Our Long postion taken at 5097 has already given us 100 points. Hold on for target of 5394.
CLICK HERE TO READ THE POST

Just Nifty Positional -Channel Breakout- UPDATE

It was written on 15th October 2011 that we are trading in a channel and a breakout above 5160 will target 5570.  On 25th October we have broken out and closed above 5160. Carry Long postions for target of 5500/40. CLICK TO READ POST

Just Trade Nifty for 28 Oct 2011

Above 5218 will target 5248 -5275-5315
Below 5200 will target 5160

Just Trade Nifty 26 Oct 2011

Above 5203 target 5258
Below 5200 target 5157

Just Trade Nifty for 25 Oct 2011

Intraday Nifty is a buy above 5111 target 5145
Below 5075 will target 5045/30

KEEP IN MIND THE WEEKLY LEVELS OF NIFTY
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948
CLICK TO READ POST


KISS PIVOT AT 5092

Post Market Update

Nifty opened gap up and faced resistance at our weekly level of 5149. From there it came down to our intraday buy level of 5081.  Today sold Nifty at 5155 (future) and booked at 5000

Just Trade Nifty for 24 Oct 2011

Above 5081 Nifty will target 5112 & 5127

Below 5069 Nifty will target 5026.

Just Trade Positional -Channel Breakout- 24 to 27 Oct 2011

Last Week's Channel showed as to watch 5161. It was written

Nifty has been trading in a channel. Trading and closing above 5161 Nifty will target 5570. Time frame 15 to 30 days. CLICK HERE TO READ POST

This week the channel reamins the same but there is another channel which has been formed. It is between 5143 and 5030. Hence till we have a clean breakout either above 5160 or breakdown below 5030 Nifty will continue to trade inbetween this channel. Strategy will be to buy at support near 5030 and sell at resistance near 5140. Break above or below carry your postions and wait for targets.