Trading Plan Buy around 7703 Stop 7695. Stop gets hit then go short around 7703 with SL at 7711 or High whichever is higher. If Gaps up then wait for crossing of 7757 and then BUY around 7748 Stop and Reverse at 7738 Confirmation Levels for Today Buy Levels - 7725.50 and 7718 Sell Levels - 7675.40 and 7668.25
Above 6273 Nifty will trade up for targets of 6363,6395. Above 6441 Nifty will be in breakout zone for targets of 6510,6611 Below 6182 Nifty will trade lower for targets of 6118,6057 Below 6014 Nifty will in breakdown zone for targets of 5945,5844 First sign of trend changing to Buy will come when we close above 6228. Till then we are in Sell.
Nifty Positional Indicator in GREEN @ 5741. Look for support around 5761 and STOP for Longs Intra Day will be the LOW of the first 30 minute candle containing 5760.75 Aggressive Traders Sell Below 5790 & Buy Above 5822.60 Happy Trading Just Trade
Monthly SAR @ 5834.75 Above this Long and Below Remain Short.
We made a new LOW again yesterday @ 5678. Today lets watch this level. If we do
not break this level today I am going LONG tomorrow about 20 to 30
points above this level with a stop at 5670. If the LOW of 5678 is broken today then we wait for the next few days and look for a bottom.
Intraday remains a sell on rises with SAR @ 5775.95
Monthly SAR @ 5834.75 Above this Long and Below Remain Short. We made a new LOW again on Friday @ 5703. Today lets watch this level. If we do not break this level today I am going LONG tomorrow about 20 to 30 points above this level with a stop at 5700. If the LOW of 5703 is broken today then we wait for the next few days and look for a bottom. For Today it continues to be a SELL on rises with intra- day SAR at 5788.60
How To Trade Above Levels High is Lower than ML then sell at Sell Entry sl ML SL gets hit buy at Sell Entry sl LL Low is higher tha ML then buy at Buy Entry SL ML SL gets hit Sell at Buy Etnry SL UL If BreakDown or Breakout not crossed then reversal from this point SL 2 points below BO/BD
How To Trade Above Levels High is Lower than ML then sell at Sell Entry sl ML SL gets hit buy at Sell Entry sl LL Low is higher tha ML then buy at Buy Entry SL ML SL gets hit Sell at Buy Etnry SL UL If BreakDown or Breakout not crossed then reversal from this point SL 2 points below BO/BD
How To Trade Above Levels High is Lower than ML then sell at Sell Entry sl ML SL gets hit buy at Sell Entry sl LL Low is higher tha ML then buy at Buy Entry SL ML SL gets hit Sell at Buy Etnry SL UL If BreakDown or Breakout not crossed then reversal from this point SL 2 points below BO/BD
How To Trade Above Levels High is Lower than ML then sell at Sell Entry sl ML SL gets hit buy at Sell Entry sl LL Low is higher tha ML then buy at Buy Entry SL ML SL gets hit Sell at Buy Etnry SL UL If BreakDown or Breakout not crossed then reversal from this point SL 2 points below BO/BD
Stop and Reverse for Shorts is at 6107.20 Intra Day Levels: Buy Above 5948.55 Sell Below -5921.25 Upper Trading Levels Sell Below 6036.25 Buy Above 6063.50
TREND We are Long yesterday Stop and Reverse is at 5938. Intra Day Entry Buy Above 5992.50 Sell Below 5971.00 Buy Above 5905 Sell Below 5883 Buy Above 6080 Sell Below 6059