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

Nifty Future Swing Trading - Update on Long Position

 Stop Loss moved to 22115