Tuesday 27 December 2011

Saturday 24 December 2011

Weekly Nifty Analysis

The above weekly chart shows 200 DSMA at 4769.15.  This is a important level to watch out for.
Next week if we close above 4769.15 and if RSI closes above 45 then we can go long with the low of next weeks candle as stop loss.  On the contrary if we close below 4769 next week with RSI closing below 45 then we can go short with the high of next weeks candle as stop loss.
For next week aggressive traders can go short near 4769 stop at 4800 and go long above 4800 stop below 4769

Thursday 22 December 2011

Nifty Levels for 23 Dec

For the entire day levels are:
Buy Above 4654.50 stop loss 4629 target 4676,4698,4720,4742,4764,4786
Sell Below 4610 stop loss 4635 target 4588,4566,4544


For Opening Range :
Sell Below 4720 and Buy Above 4743

Just Trade Nifty 23 Dec 2011

Above 4721 target 4770
Below 4721 target 4780

Wednesday 21 December 2011

AS PER CLOSING THE LEVELS ARE
BUY ABOVE 4712.50 & SELL BELOW 4690
NIFTY SPOT TRADING LEVELS


BUY ABOVE 4624 STOP LOSS 4600 TARGET 4646,4668,4690,4712,4734,4756
SELL BELOW 4580 STOP LOSS 4605 TARGET 4558,4536


Just Trade Nifty 22 Dec 2011

Above 4680 Buy
Below 4665 support 4630-35

Tuesday 20 December 2011

NIFTY SPOT TRADING LEVELS

BUY ABOVE 4648 STOP LOSS 4624 TARGET 4692,4714,4736,4758

SELL BELOW  4604 STOP LOSS 4628 TARGET 4582,4560,4538,4516,4494,4472

Just Trade Nifty 21 Dec

Above 4625 Buy
Below 4600 Sell

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