Saturday 12 November 2011

Friday 11 November 2011

Tuesday 8 November 2011

Just Trade Nifty for 09 Nov 2011


On the 15 min chart we have a channel formation. The levels are:
Above 5307 breakout
Below 5249 breakdown

Daily chart show the following levels:
Above 5273 target 5304/5310
Cluster resistances at 5304-5310
Sell Below 5263 target 5225/5160

Weekly Levels
Buy Above 5259 target 5321-5351-5369-5589
Sell Below 5249 target 5160


Channel Levels
Buy Above 5365
Sell Below 5254
Trading Zone
Buy Above 5254 & Sell Below 5365
Stop Loss 20 points on either side

Friday 4 November 2011

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 SegmentDateDayDescription
FO07-Nov-2011MondayBakri Id
FO10-Nov-2011ThursdayGurunanak Jayanti
FO06-Dec-2011TuesdayMoharram

Wednesday 2 November 2011

Sunday 30 October 2011

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

Friday 28 October 2011

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.

Thursday 27 October 2011

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

Nifty Future Swing Trading

 System has triggered a LONG trade @ 22255 1st target- 22558, 2nd target- 22862 Stop Loss- 21950