NIFTY ARCHIVES

NIFTY CNX ROAD MAP AHEAD FROM 07.10.2014 ONWARDS : Click on the image to enlarge

NIFTY 7.10.14

 

NIFTY AND RSI RANGE SHIFT CHART ALERT : SEE THE PRICE TO RSI BEHAVIOUR IN THE BELOW CHART

AS ON 7.10.14 :

NIFTY RSI SWING

 

NIFTY FOR 30.09.14 : A important event tomorrow and the chart is attested below : please enlarge chart for more

NIFTY COMBO

Trade for the day 30.09.14 :  

 

NIFTY CNX ROAD MAP AHEAD FROM 29.09.2014 : CLICK ON IMAGE TO ENLARGE

NIFTY 29.09.2014

 

NIFTY RANGE FROM 29.09.14 ONWARDS

NIFTY DAILY 29.09.14 cropped

 

NIFTY CNX ROAD MAP AHEAD FROM 22.09.2014 : CLICK ON IMAGE TO ENLARGE

NIFTY 22.09.2014

Weekly Pivot at 8069 with Resistance 1 – 2 -3 seen at 8213 – 8304 – 8448 and support 1- 2 -3 seen at 7977 – 7833 – 7741

View comments in the image for the above chart of Nifty for 22.09.2014

NIFTY CNX ROAD MAP AHEAD FROM 15.09.2014 : CLICK ON IMAGE TO ENLARGE

NIFTY 15.09.2014 F

NIFTY CNX ROAD MAP AHEAD FROM 15.09.14 ONWARDS:
Nifty spot as per technical analysis is trading in a very tight range and the range is very congested
with 8133 – 8154 being very strong resistance zone on the up side and a very strong support seen at
lower band of 8057 – 8050 on the lower side.
Going ahead in the next week this tight range has to be broken to give a clear direction on to which
side the Index will move. The range is clearly demarked in the chart attested below for reference and
is marked in red colour horizontal box shape. The overall range play seen for the coming week is
seen as 8212 – 8254 only on conquering the constraint zone of 8133 – 54 on the upside and 8021 –
8019 and also 7989 – 7969 on the downside and downside only on breaching the level of 8049. The
index will trade in a support and resistance zone before it breaks out on either side. The smart
money will buy any such dips to lower levels and will be sellers at higher levels and this range will be
used for sector rotation / accumulation and distribution process and also will be used by Option
writers who will come to play very systematically from the week ahead. The zones are well defined
on either side.
Coming to open interest the 8000 PE has the highest strikes and 8300 CE has the highest strikes
where the maximum pain zone is seen at 8150 level and this correlates to the chart structure. The
VIX (India ) is at its lowest point at 12.34 range and for now does not seem to bother the Index and
chances of VIX rising will be 13.47 maximum and this also correlates to the chart structure which
clearly defines the Bulls are in a very safe zone for now. With India VIX trading at its lowest level
Option premiums will be at the lowest level and as expiry approaches very soon this month most of
the premiums will be worthless in about 3 to 4 trading sessions as the 8000 level is very well
protected on downside. Advice is not to be too bearish and assume lower levels which are not
realistic and also not to be overtly Bullish as the smart money are trading very cleverly deploying
funds at appropriate levels as the volume indicators suggest. VIX has dropped from levels of 39.30
on 16.05.14 to 12.34 on Friday the 11.09.14 (Fear index or volatility index ) Bull’s are shorting the
Put side as soon as the premium rises and this clearly shows absolute disdain and scant respect for
the Bear camp.
Leading oscillators like the RSI / Stochastic indicator / Composite are all at over bought zone but no
failure swings seen at the upside or any Divergence detected for now.
Moving averages : On the Daily time frame the 13 EMA is at 8054 level and on the Weekly time
frame the 5 EMA is at 7974 and no Dead crosses seen for now.
Weekly PIvot is at 8115 level with support 1 and 2 at 8050 – 7992 respectively and resistance 1 and 2
at 8173 – 8238. This also co relates to the chart and the trend lines as depicted in chart in Dark green
colour.

View: Be buyers at lower levels and sellers at higher levels till such time a break out or a break down
is seen. The reason for me to stress on the VIX indicator is if you are amateurs in option trading this
is not the time to venture into Options as the professionals will take over in the next sessions and till
such time a clear direction is not seen stay out of the market. Just a word of caution

 

 

Trade for the day 19.09.2014 : Buy Bajaj Auto futures trading at 2403 with a stop at 2370 and trade for targets of 2446 – 2485 

Trade for the day 19.09.2014 : Buy ICICI Bank futures trading at 1567 and maintain a stop at 1544 and look for targets of 1584 – 1600 – 1629

Please exit trades at cost as not performing given at 11.40 – 19.09.2014

 

 

INDIA VIX INDICATOR CHART STUDY : As on 15.09.2014

INDIA VIX 15.09.14

PURE PRICE ACTION TO VOLUMES  INDICATORS : Updated on 14.09.2014

NIFTY VOLUME STUDY 15.9.14

 

APEX NIFTY 18.8

 

 

 

Trade for the Day from the 08.09.2014 onward: Buy Bajaj Auto futures trading at 2340 level : Buy this stock futures with a stop at 2320 ( Aggressive traders ) for target of  2385

Safe traders buy this stock future if you get it on a dip only with a stop at 2299 as stop loss for the target mentioned above 

Trade for the Day from 08.09.2014 onwards : Buy Power grid stock : Trading at 134.90 level : Buy this stock only above 135.60 level and once trades above this level maintain a stop at 132 level for targets of 140 and 144

 

CNX Nifty road map ahead: Weekly analysis from 08.09.2014 onward’s: Click on image to enlarge

NIFTY 08.09.2014 F

 

Nifty Forecast in our previous weekly view analysis found exact resistance at the said zone of 8136 and after testing the level of 8136 -8140 reverted and corrected to lower levels of 8050 to make a smart recovery and close at levels of 8084.

Now going ahead : Nifty continues to move in the direction of the upward sloping trend channel :Long term ( plotted  in Blue colour : check previous chart dated 01.09.14) and after plotting it’s medium to short term trend lines 8028 level stands as the lower parallel trend line support and this zone of 8028 needs to be protected By the Bulls to continue with the upward momentum and flow.The nearest upper level trend line points at 8163 level.

Now coming to the next week’s session Nifty once trades above 8122 level will head higher to test it’s near to short term resistance levels of 8163 and after a brief consolidation and correction which should be bought into, will head higher to test the range of 8286 and 8333 levels. You can witness selling pressure emerging at the above mentioned levels. Be very cautious at the above mentioned zones. This is the zone that Smart money or the big hands will start the process of accumulation and distribution. As a cross check the Gann angle also projects the above range as the termination point along with the Andrews Pitch fork line which re enforces the view ( Plotted in light yellow for reference)

On the Other hand for now Nifty has formed a very good base support at 8028 - 8000 zone and as shown in the chart below the parallel blue horizontal short term trend lines is also forming a convergence with the Upward sloping trend line at 8028 (horizontal support) and the Blue long term upward channel support zone has now shifted its base to 7907 level. So only threatening the zone of 8028 ( very critical ) level Nifty will test 7968 immediately in a swift swing and 7907 also cannot be ruled out if 8028 – 8000 are taken out a deep correction can set in. The base is well formed for the next leg up move until and unless this zone is tampered with high volumes.

Looking at technical oscillators: The RSI / Stochastic / composite /MACD are all not showing of any failure swings and divergences and lately on the Rsi also a bearish divergence was negated.

Open Interest: 8000 PE has accumulated highest on the downside and 8200 CE has accumulated highest on the Upside which correlates with the chart structure also showing the Maximum pain zone seen at 8100 Levels for now. Maximum Pain zone is the area where selling can emerge and this zone has to be negated for higher targets for now. PCR seen at a 0.97 – 1.0 level

Moving averages: On the daily time frame the 13 Exponential moving average is poised at 7981 and the 5 EMA and 10 EMA are poised at 8066 and 7011 respectively which also are not indicating any dead crosses for now. Weekly much followed 5 EMA is at 7907

Overall view and Summary : The medium to long term the market is Bullish and the long term target which is not shown in the chart below is way high and be buyers of this market for the said targets with stops for positional traders at 7967  and for conservative traders the stops just below 8028 area.

Weekly Pivot at : 8069 and Supports 1 : 7999 Support 2 : 7913 Resistance seen at 1 : 8154  res 2 : 8225 res 3 : 8310

 

CNX Nifty road map ahead : Weekly analysis from 01.09.2014 onward’s :

For previous charts click on the link Nifty archives : Click on the image to enlarge

Nifty as Forecast-ed in our previous weekly view analysis found exact resistance at the said zone of 7965 and after testing the level of 7968 reverted and corrected to lower levels of 7862 to make a smart recovery and close at levels of 7954.

Now going ahead : Nifty continues to move in the direction of the upward sloping trend channel :Long term ( plotted  in Blue colour) and after very recently having tested its lower trend line level it bounced back and is again resuming it’s upward journey to test new high’s. Importance of the bounce at lower trend channel was it hit the exact channel support at 7540 and after forming a Island reversal pattern which is very bullish in it’s own right shows that the momentum is clear on the upside.It has also negated a divergence at top recently on the  leading oscillators.

Now coming to the next week’s session Nifty once trades above 7973 level will head higher to test it’s near to short term resistance levels of 8000 – 8033 and after a brief consolidation and correction which should be bought into,will head higher to test the range of 8080 – 8100 and 8136 levels.You can witness selling pressure emerging at the above mentioned levels.

On the Other hand for now Nifty has formed a very good base support at 7900 – 7850 zone and as shown in the chart below the parallel green horizontal short term trend lines is also forming a convergence with the Upward sloping trend line at 7895 ( horizontal support ) and 7850 the Blue long term upward channel support zone. So only threatening the zone of 785o level and below a deep correction can set in. The base is well formed for the next leg up move until and unless this zone is tampered with repeatedly.

Looking at technical oscillators : The RSI / Stochastic / composite /MACD are all not showing of any failure swings and divergences and lately on the Rsi also a bearish divergence was negated.

Open Interest : 7900 PE has accumulated highest on the downside and 8200 CE has accumulated highest on the Upside which correlates with the chart structure also showing the Maximum pain zone seen at 8050 Levels for now.Maximum Pain zone is the area where selling can emerge and this zone has to be negated for higher targets for now. PCR seen at a healthy 1.24 with a bullish bias

Moving averages : On the daily time frame the 13 Exponential moving average is poised at 7861 and the 5 EMA and 10 EMA are poised at 7922 and 7882 Respectively which also are not indicating any dead crosses for now.Weekly much followed 5 EMA is at 7819

Overall view and Summary : The medium to long term the market is Bullish and the long term target which is not shown in the chart below is way high and be buyers of this market for the said targets with stops for positional traders at 7868 and for conservative traders the stops just below 7900 area.

Weekly Pivot at : 7928 and Supports 1 : 7888 Support 2 : 7822 Resistance seen at 1 : 7994  res 2 : 8034 res 3 : 8100

 

NIFTY 01.09.2014 SKITCH

 

 

Trade for the Day from the 02.09.2014 on wards : Buy Icici Bank futures trading at 1610 level : Buy this stock futures with a stop below 1577 for targets of 1625 – 1641 and 1673 in 2- 3 sessions. 

 

Trade for the Day from the 01.09.2014 onward:Buy Hindustan unilever trading at 742 level and look for targets of 758 – 774 : Positional traders who entered at 719 now maintain a stop below 728 

Day traders look for targets of 751 – 758 with the same stop at 728

 

Trade for the day 27.08.2014 :Buy BHEL Stock trading @ 235.70 level and maintain a strict stop at 229.40 level and look for targets of 239.50 and 242 levels.

The stop loss for this stock triggered. The next day the stock has hit the levels mentioned above. ( Not properly timed )

Break out traders the stock has made a breakout at 234.40 level

 

 

Nifty road map ahead from 25.08.2014 Onwards : Click on the chart to enlarge 

NIFTY INDEX LONG TERM VIEW BELOW :

NIFTY 25.8.14 CORRECTED

 

 

How is the Price to High frequency oscillators moving : A bird’s eye view below shown in Nifty chart 25.08.14

A piece of advice is to monitor the oscillators very closely and see if their is discrepancy seen in the movement of Price action in respect to the oscillator’s and also check on the Composite indicator along with Volume indicators before you take action by jumping the Gun.Very precisely saying look for Divergence keenly.

NIFTY ADVICE 25.08

 

 

 

 

Trade for the day 26.08.2014 :Buy Hindustan Unilever stock trading at 719.12  level : Buy this stock with a stop below 707  for targets of 727 – 732 and also 740 level ( 740 level in 2 sessions )

Target of 730 achieved for the day and positional traders only trade for further levels .Positional targets also achieved

Trade for the day 25.08.2014 : will update : Buy SBIN  Trading at 2526 level : Buy this stock on a dip to 2491 – 87 level and maintain a stop at 2459 for targets of 2556 – 2587 and positional players look for target of 2605 ( TF 2 -3 session)

The stock is still in trade and look for the said targets

sbin 25.08

Nifty road map ahead from 25.08.2014 Onwards : Click on the chart to enlarge 

 

19.08.2014 : The evening star pattern explained below.See chart below :

EVENING STAR BLOG

 LONG TERM INVESTMENT AS ON 18.8.2014 : TATA POWER : STOCK

 

TATAPOWER 18.8.14 LONG TERM

NIFTY INDEX ROAD MAP AHEAD FROM 18.08.14 ON WARDS : FRESH UPDATE ON 15.08.14

Nifty index as in our previous chart tested 7670 from the lows of 7540 and had said will see a trend reversal at 7708 – 7717 zone and it exactly did that and closed the previous week at 7791 levels.

Going forward Nifty index ( cash ) has a very critical hurdle at 7800 – 7809 zone and only if the mark of 7809 is breached decisively on the upside the index will start to test its previous high level of 7840 or else failing which the Index will start to trade in a range bound manner with a _ve bias .The bulls need to propel the Nifty to 7873 by breaching the previous high of 7840 level in order to keep the upward momentum intact and failing which we can see the Nifty retesting its lower support bands at 7700 and 7667 range.The weekly 5 exponential moving average is at 7667 zone. The option data shows 7600 PE and 8000 CE having the highest open interest at the said levels and this suggests that the maximum pain zone is at 7800 level.The scenario will be if Nifty fails to breach past 7800 – 7809 with volumes decisively than we are going to trade in a range bound market and trade in a range of 7646 the lower band and 7800 as the upper band.What if the market trades above the said crucial resistance level of 7809 – 7822 it will go on to test its upper resistance trend line level of 7873 – 84 zone and than this will be a very healthy sign for the market.Breaking this level is that the bullish momentum will continue as the channel is an upward sloping channel and can propel the Nifty to the next range play.

High frequency oscillators : The MACD on daily time frame suggests and correlates to the above version of a breakout or a break down and is on its zero line on Daily TF. The RSI is at 58 zone on DTF and only trading above 61 will confirm the upmove and the Stochastic indicator is also at the 50 mark ( % D – slow avg ) and the composite at 80 suggesting the same as above.

Moving averages : The 30 ema and 10 ema are still on the positive side with the 10 ema at 7703 and 30 ema at 7658

View : A word of caution : Be very careful to monitor the above said level of 7809 – 7822 and the market can suddenly change direction if the 7800 levels on Nifty is not breached decisively. For those conservative investors you should stay on the side lines as long as this market breaks the range of 7800 – 7809

NIFTY 18.08.14

Trade for the day 19.08.2014 :Buy ACC Futures trading @ 1515 cmp  : Aggressive traders can buy this stock future with a stop below 1500 and look for targets of 1525 – 1540 level. Conservative traders can buy if you get this stock future at a dip towards 1510 level – 1504 and trade with the same stop for targets as mentioned above. This is a breakout trade. High risk traders only trade

Target achieved

Trade for the day 18.08.2014 : Click on the image to enlarge : ITC Option trade

ITC OPTION

ITC Gaped down and the total cost was 2 r.25 on both call and put side : 245 pe traded at 4.50 and the strike was in the money.

Call closed.

Trade for the day 14.08.2014 : Buy BHARAT FORG trading at 770.60 cmp : Buy this stock with a stop below 760 for targets of 780 – 789 and 807 also

Still in trade and continue with the same stop 759 below

 

Trade for the day 14.08.2014 : Buy Sun Pharma stock trading at 803 cmp with a stop below 789 for targets of 812 – 822 and look for a positional target of  831 – 840

Sun Pharma target of 812 – 815 achieved for the day. Still in trade and continue for upper targets.

Sun Pharma all targets achieved and call closed for now.Will update

 

NIFTY SPOT CHART FOR 14.8.14

NIFTY 14.8.14 HOURLY

 

 

 

 

 Nifty index Road map ahead ; Chart update (Fresh update ) from 11.08.2014 on wards:

NIFTY 11.8.14

 Nifty index Road map ahead ; Chart update (Fresh update ) from 04.08.2014 on wards:

Please enlarge the Image to see the chart and have updated the details in the chart

NIFTY 4.08.14

 

NIFTY SPOT : Road map ahead for the coming week as on 4.8.14
Nifty broke through key supports of 7698 – 7690 and also 7676 to crack and test levels of 7593.Going forward if the bulls need to maintain their bullish momentum intact they need to protect 7563- 7561.Only protecting this zone and breaking 7693 – 7701 and 7741 on closing basis they are in the game as all pull backs to the above levels will be used by the Bears to short the index and drag the index lower to test first 7563 – 61 and cracking this zone will keep relentlessly selling to drag the index to lower channel support of 7430 – 7405.The overall chart structure has now changed to a sell on rallies with the trend down for the medium term and the long term bullish trend remains intact.Be sellers of this market at higher levels and buyers at supports that is the channel zone.Open interest suggests speculative puts being built up on the short side with 7300 PE having the highest oi.Will update on any views on the blog on day to day basis for further reference.

Trade for the day 30.07.2014 : Buy PNB Futures trading @ 939 with a stop at 928.75 for targets of 950 – 962 

All targets achieved

Trade for the day 28.07.2014 :  Positional trade : Buy Petronet trading @ 184 and keep a stop at 178 and trade long for a target of 191 – 194 and 199. Time frame 3 to 4 sessions

Still in trade and target one achieved. Continue with the same stop for higher targets

 

Trade for the day 07.07.2014 : Buy HDFC BANK futures trading @ 866 cmp : Positional traders buy this stock future with a stop at 842.50 for positional targets of 900 and 945 .Time frame one week to 10 days

Day traders buy as this is a break out trade with a stop below 856 for day targets of 874 – 883 and also 899 in 2 sessions

Stop loss triggered for the trade

 

Trade for the day 01.07.2014 : Buy Andhra bank trading @ 102.80 ( spot ) Buy this stock on a dip to 100.60 and maintain a stop @ 95.72 and look for targets of 105.50 – 108.25 and 112

Still in trade .Stop loss triggered for this trade

 

live call @ 9.40 am : #Buy ADANIENT@462 with stop @ 451 for target of 473 and 485

Exit @ cost not performing

Positional trade as on 1.07.14 Buy Tata motors trading @ 444 with a stop at 428 and look for a positional target of 462 – 480 ( one week time frame ) on 1.07.14 @ 12.15

Tata motors made high of 472 and

 

Trade for the day 30.06.2014 : Buy Bharat Forg (spot /cash ) Trading @ 608.25 Buy this stock with a stop @ 593 and look for targets of 617 – 625 and 639

Target of 633 made today and positional traders trade for targets 654 as on 01.07.14

All targets achieved in Bharat forg

 

 

Trade for the day 16.06.2014 : Buy Hindunilvr futures trading @ 642 ( previous close price) Buy this stock future with a stop @ 618 strict and look for targets of 653 – 655 & 664 .Trail stop to 609

Still in trade and stick to the stop area

 

 

Trade for the day 25.06.2014 : Buy BHEL ( Spot /cash ) trading @ 251.30 with a stop @ 244.70 & trade long for target of 253.81 – 255 – 256.33 . Positional traders look for target of 273 in 3 – 5 sessions

Buy L&T Futures : Trading @ 1677 with a stop @ 1660 & look for target of 1694 – 1702 – 1711

Sell SUN PHARMA FUTURES : Sell Sun Pharma fut trading @ 630.20 with a stop @ 637.50 & look for targets of 623.90 – 620.70 & 617.60

All the above stocks the stops have been hit ( very rare it has happened in my trading style )

 

 

Trade for the day 13.06.2014 : Buy HDFC Bank futures trading @ 847.40 cmp : Buy this stock future with a stop at 836 and look for targets of 861 – 863 and also 872 

HDFC Bank target one achieved

 

Trade for the day 12.06.2014  : Buy Sunpharma futures trading @ 616 cmp : Buy this stock future with a strict stop @ 605.40 level and trade long for targets of 622.50 – 628 – 633 level.

All targets achieved in Sun pharma and those who want to trade positional look for target of 641 and if trades above 648 than will update targets.

Buy TCS Futures trading @ 2214 cmp : Buy this stock future with a stop below 2160 and trade long for a positional target 2294 level

For day traders stop is 2160 for targets of 2241 /2267  ( TCS Futures ) Day trade target met now positional players to hold on for upper targets.

 

Trade for the day 06.06.2014  : Buy ICICI Bank futures trading @ 1486 cmp : Buy this stock future on a dip @ 1470-1464 zone with a stop @ 1438 and look for a positional target of 1572. For day traders targets are 1506 – 1527 & 1549.

Buy M&M futures trading @ 1239 cmp : Buy this stock future with a stop below 1210 and look for targets of 1255 & 1285

 Weekly trade set up : Buy Bajaj auto futures trading at 2055 cmp : Buy this stock future on a dip to level of  2008 – 1963 and maintain a stop below 1935 and look for a positional target of 2097 – 2140 – 2227 also ( weekly trade ) time frame 7 – 8 sessions .

Bajaj auto all targets achieved

 

 

Trade for the day 26.05.2014  : Buy Petronet trading at 159.25 cmp ( Stock & cash segment ) : Buy this stock with a stop @ 153 and look for target of 163 – 165 and 170

Buy Mcdowell-N stock futures : Buy this stock futures with a stop @ 2736 and look for targets of 2794 – 2808 & 2828

For the above stocks target 2 achieved

 

After a gap of 2 months and posted trade on 20.05 .14

Trade for the day 20.05.2014  : Buy Hindalco ( Stock – cash segment ) Trading at 151.55 and maintain a stop below 148.20 level and trade long for target of 155.60 – 158.50 and 159.60 levels.

For Hindalco futures trading @ 152.66 maintain stop at 148 for target of 158.50 .All targets achieved

HIGH RISK PLAYERS ONLY : Short ACC Futures trading @ 1442 cmp : Short this stock future with a stop @ 1461 or 1464.35 level and trade short for targets of 1422 – 1407 and breaching 1407 look for targets of 1395 – 1375 also

All targets achieved

 

 

Trade for the day : 17.01.2013 : Sell Tata comm futures trading at 296.5 cmp : Sell this stock future with a stop above 303.98 level and look for targets 291.80 – 287 levels. Still in play

 

High risk trade : Sell TCS Futures trading at 2360 cmp and maintain a stop above 2385 and look for downside targets of 2306 – 2285

Targets achieved

 

 

Trade for the day : 15.01.2013 : Buy Cipla futures trading at 411.95 cmp : Buy this stock future with a stop below 404 level and trade for targets of 416.50 – 421 level ( Positional targets check in the archives page for targets.

Targets achieved and positional traders look for targets in archives page – click on archives and check for levels 

 

 

Trade for the day : 13.01.2013 : Buy Mcdowell futures trading at 2799 cmp : Buy this stock future on a dip to 2776 and 2760 and maintain a stop at 2726 and trade long for targets of 2843 – 2862 and positional traders can look for targets of 2915 also. 2829 target achieved

Trade for the day : 09.01.2013 : Buy Cipla futures trading @ 406 cmp : Buy this stock future with a stop below 397 and trade long for targets of 412 and 417.90 .Positional players can look for target of 425 in 4 to 5 sessions

still in trade,As on 14.1.2014 Cipla futures makes a high of 414.15 and now can look for the positional targets

 

Sell Yes bank future trading at 356.45 cmp : Sell this stock future with a stop at 366 and look for lower targets of 351 – 346 and positional players look for a target of 339 also

Yes bank on 10.1.14 made a low of 342 and still looking bearish for further downside targets of 337 – 331 also

Nifty futures road map ahead ; Chart update (Previous) from 30.12.13 onwards: Click on the below image to enlarge

nifty 30.12

 

 

 

Trade for the day : 08.01.2013 : Sell Tata steel futures trading at 397.30 cmp : Sell this stock future below 403.81 level and maintain a stop 410 level and look for a downside target of 376 positional and intra day players can sell with a stop at 408.30 for lower targets of 389.

High risk traders only : Buy Bharti airtel futures trading at 334.30 cmp and buy this stock future with a positional stop below 327 and look for a positional target of 351

For intraday traders the above stock should be bought above 336.90 cmp with a stop at 330 and look for targets of 338.30 – 341.80

 

 

 

Trade for the day : 06.01.2013 : Sell BPCL Futures trading @ 331.70 cmp and sell this stock future with a stop above 340 .06 and look for a positional target of 320.75 and 313.75 in 4 to 5 trading sessions.

For day traders the stop is 336  & targets are as 326.88 – 322 for the above mentioned trade

Please exit short trade in BPCL Futures @ 10.30 am : Not performing

Sell ICICI Futures trading at 1057 with a stop at 1073 and trade for targets of 1048 – 1041 : trade update at 10.36 /06.01.14 

ICICI Futures sell call all targets met

 

 

Trade for the day : 03.01.2013 : Sell SBIN Futures trading at 1740 cmp : Sell this stock future below 1732 level and maintain a positional stop above 1796 and look for a positional target of 1689 and 1665 .Positional trade and time frame 3 – 4 sessions

Nifty futures road map ahead ; Chart update (Fresh) from 30.12.13 onwards: Click on the below image to enlarge

nifty 30.12

 

 

Nifty futures road map ahead ; Chart update (Previous week) from 23.12.13 onwards: Click on the below image to enlarge

Now coming to the next week

The momentum has turned bullish and 6231 on the downside will hold and is poised to trade to higher levels

Demand zone ( Buyers seen @ 6289 – 6240) levels & Supply zone (sellers) seen @ 6530 – 6630

View: Nifty futures after trading below 6172 & 6151 the previous week has taken support at this level & has made a very good recovery to close at levels of 6300.The weekly 5 ema is at 6231 level and this will act as a very good support for the market and from here on nifty future will trade bullish and can look for the said target of 6489 – 6530 & also 6630 in the coming next sessions off course with some intermediary corrections on the way up.Base support at 6233 – 6341 is foreseen and the higher targets are as above.

Trading strategy will be to use any dip to buy

Range play : Will be downside 6250  and upside 6489 – 6530 & also 6630 seen

All the technical indicators support the bullish view & momentum till such time 6231- 6241 hold

NIFTY 23.12.2013

 

 

 

 

Trade for the day : 01.01.2013 : Buy Mcdowell-N futures trading @ 2627 cmp : Buy this stock future with a stop @ 2546 and look for a positional target of 2758 – 2778 ( Positional traders trade level )

For Day traders you can venture with the same trade with a stop below 2570 and look for day targets of 2665 – 2703

Exit trade cost to cost and will update on this .As of now no trade zone on 02.01.14

 

 

Buy Tata chem futures trading at 277.60 and maintain a stop at 272.30 and look for target of 281 and also 288 ( Swing trade only )

 

Update for a positional call on Cipla futures :

LIVE CALL AT 1 PM ON 18.12 : Buy Cipla futures trading @ 390 with stop @ 385 for targets of 395 & 402 :positional 411 & 417 .Cipla futures made a high of 398.8 for the day & traders can continue with the trade.

On 20.12 Cipla made a high of 404

On 23.12 Cipla makes a high of 208.50 and still in play

on 27.12 Cipla makes a high of 411.85 and still in play 

For those on trade now maintain a stop at 393 and now look for a positional target of 417 – 423 and for long term players look for 437 and will update on this trade later. ( Please note down levels or please click on the archives page for more on trailing stops of other trades also ).

 

 

Trade for the day : 26.11.2013 : Buy PNB Futures trading @ 635 cmp : Buy this stock future on a dip in the range of 630 – 625 with a stop @ 611 level and trade long for targets of 644 – 653 & 667 level ( For the conservative traders ) For the Aggressive traders  traders buy the stock future @ its fresh breakout level of 635.70 level and maintain stop at 619 zone and trade long for a target of 653 and 669.

Target 644 achieved and now trade for higher targets of 653 and 669 also

 

 

Trade for the day : 24.11.2013 : Buy Arvind futures trading @ 134.90 cmp : Buy this stock future on a dip to 132.50 and maintain a stop below 128 and trade long for targets of 138.90 – 140.00 – positional players look for target of 150 also ( 4 – 5 sessions ) 

Still in trade

 

 

Trade for the day : 23.11.2013 :

Buy Ambuja cement trading @ 179.8 cmp : Buy this stock future with a stop at 173 and look for targets of 184 – 188 for day traders and positional swing traders look for positional targets of 191 – 195 & 211 also

Made high of 183.40 and now trail stop to cost

Buy Bankindia futuures trading at 216 cmp with a stop @ 212 and look for targets of 224 – 228

Made high of 224.30 and now maintain stop to cost 

 

 Nifty futures road map ahead ; Chart update (New) from 16.12.13 onwards: Click on the below image to enlarge

Nifty futures route map ahead from 16.12.13

Review : As forecasted in the last week Analysis Nifty_F1 tested the said levels of 6480 & made a new HH @ the said level & did exactly that by topping out at the said zone and reversed to make a closing @ 6197 level. It respected the range of 6490 Upside & 6200 on the downside.

Now coming to the next week trade set-up the closing price of 6197 happens to be the weekly 5ema

6184 is a level to watch out for as this was a previous HL & 6172 is also an imp level as it is the Fibo 61.8% lvl & incidentally the 50 dma falls @ this level.

If nifty fut breaks this above said lvl’s than the bullish momentum will die & Nifty fut can crack to test lower levels of 6141 first and also 6108 & from this levels will retrace to 6232 – 6285 levels

Demand zone ( Buyers seen @ 6108 – 6090) levels & Supply zone (sellers) seen @ 6285 – 6331

View: Nifty precariously poised at 6197 zone & if sustains 6172 ( -15 pt to 20 pt) which should be a stop for positional bull’s can rally to 6285 – 6331 zone where again selling pressure can be seen & will be initiated.

Trading below 6172 levels will be a sell on rise & expected downside level’s seen are 6108 – 6090

Range play : Will be downside 6110 – 6090 and upside 6285 – 6331

6183-6172 is a crucial level to watch out for as trading below this level Nifty_F1 will go on to make a new lower low & can test 6110 to 6090 levels.

Looking @ technical indicators the RSI is modestly oversold @49 on daily timeframe & fully oversold on hourly tf

MACD like the price is also precariously poised for a breakdown or a small pull back /bounce

The composite supports the view of rsi & Stochastic ind has made a _ve divergence @ top

Traders need to watch out for a breakdown below 6172 on downside or a bounce from present level towards 6289 – 6311

nifty fut 16.12.13

 

NIFTY FUTURES ROAD MAP AHEAD FROM 09.12.2013 ( Old )ONWARDS AND DETAILS OF TRADE LEVELS DRAFTED ON CHART

PLEASE CLICK ON THE IMAGE TO ENLARGE

 

 

NIFTY _F1 09.12

 

 

Amibroker AFL Williams VIX FIX

Posted by: PYI Research in AmibrokerTradingTrading Softwares September 12, 2013 

Amibroker AFL Williams VIX FIX

Amibroker AFL Williams VIX FIX – Larry Williams introduced this synthetic VIX index to replicate the performance and insight of the Volatility Index of the market. Volatility Index of the market is derived from the implied volatility of options which is intended to reflect the greed and fear among traders. Market top’s in the market is associated with low volatility whereas market bottom is often associated with high volatility and this remains the central theme of this indicator. Even in our market, VIX is calculated for the CNX Nifty Index and therefore  individual VIX of other Stocks and Indices is not available. With Williams VIX FIX indicator, you can now have an indicator which will pinpoint the fear and greed within an asset or stock with great precision. This is one indicator which should not be underestimated as it can add tremendous value to one’s trading arsenal.

Amibroker AFL Williams VIX FIX – Identifying Fear And Greed

Refer to the chart below of CNX Nifty. Over the past three years, whenever the VIX FIX indicator climbs above the value of 7 and stays above it, you can expect the market to begin the process of bottom formation. You can then combine this valuable information with some of your other tools to reach a judgement about the future course of the market. Remember, this is not a top or bottom predicting indicator. But, it does a very good job in telling the trader that a potential phase of bottom or top formation is underway and one should adapt accordingly. Even the standard VIX indicator does not provide such valuable insights and this is where Williams VIX FIX indicator outscores traditional Volatility indicators. This indicator works exceptionally well in identifying potential bottom regions. It can lag a bit in identifying top’s as low volatility phases tend to extend for more time. Nevertheless, this is one indicator you should research and experiment with.

Amibroker AFL Williams VIX FIX - Identifying Fear And Greed

Amibroker AFL Williams VIX FIX – Identifying Fear And Greed

 

 

Trade for the day : 19.11.2013 : Buy JSW Steel futures : Buy this stock future trading @ 948 cmp in the range of 948 – 939 zone with a stop @ 931 for targets of 965 – 974 & positional players can look for  target of  993 also in around 3 -4 sessions. Jsw steel has hit target one of 966 and still in play

JSW STEEL FUTURE MAKES A HIGH OF 996 ON 23.12.13 AND STILL IN PLAY

 

LIVE CALL AT 1 PM ON 18.12 : Buy Cipla futures trading @ 390 with stop @ 385 for targets of 395 & 402 :positional 411 & 417 .Cipla futures made a high of 398.8 for the day & traders can continue with the trade.

On 20.12 Cipla made a high of 404

On 23.12 Cipla makes a high of 208.50 and still in play

on 27.12 Cipla makes a high of 411 and still in play 

 

 

Nifty futures road map ahead from 02.12.2013 onwards & also a brief overall view on the market :

All the trade levels are written on the chart below : Click on the chart to enlarge image

NIFTY ROAD MAP 2.12.13

 

 

 

 

 

 

 

Trade for the day : 06.11.2013 : Sell TCS Futures trading @ 2004 cmp and sell this stock future with a stop at 2037 and look for lower targets of 1987 – 1970 & 1940

Stoploss triggered for the trade 

Sell TECH-M Futures trading @ 1697 cmp and sell this stock future with a stop at 1725 and trade short for downside targets of  1681 – 1665 & 1644

 

Trade for the day : 05.11.2013 : Buy PNB Futures trading @ 572 cmp : Buy this stock future with a stop @ 557 level and trade long for targets of 580 – 589 & positional target of 602 also

All Targets achieved as on 5.12.13

 

 

Trade for the day : 04.11.2013 : Sell Titan futures trading @ 227.45 cmp : Sell this stock future with a stop at 233.75 level and look for targets of  222 – 220 & positional players look for level of 208 also ( time frame 3 to 4 sessions )

Still in play & traded sideways to neg : Stoploss for this trade has triggered and exit trade

 

 

Trade for the day : 03.11.2013 : Buy HCL Tech trading @ 1132.75 cmp : Buy this stock future strictly only above 1142 level and maintain a trailing stop @ 1110 for upper targets of 1152 – 1173 & 1206 level

The stock future never traded above 1140 level & now will start to correct 

 

Trade for the day : 02.11.2013 : Buy SBIN Futures trading @ 1837 level,Buy this stock futures on a dip to 1820 level and trade for targets of 1860 – 1884 & positional players can target the zone of 1900 – 1925 also. Stop below 1785 level.

Positional traders who had taken up this trade on Trade for the day : 14.11.2013 : Buy SBIN Futures trading @ 1714 cmp : Buy this stock future with a stop @ 1664 strictly and look for a target of 1761 – 1791 and 1819 level & all the said targets achieved on Friday 29.11.13. Still in play & now look for the next higher targets as mentioned above with a new trailing stop now @ 1790 level.The breakout level for the stock future is 1788.

On 2.11.13 target of 1866 achieved .Still in play

 

Buy KTKBANK Futures trading @ 104.70 cmp : Buy this stock future with a stop @ 99 level & trade long for target of 111 ( time frame 1 to 3 sessions )

Target of 108.15 achieved on 3.12 ( still in play )

 

 

Trade for the day : 27.11.2013 : Buy JSW Steel futures trading @ 920.80 & keep a stop below 898 & trade long for a target of 934 & 939 also.

Stock made a high of 938.50 and day traders targets achieved & positional players only hold for the said target

Those who want to take up a positional trade in the above said stock futures trade long for a positional target of 968 level & the stop for this trade ( positional players should be 884 for a conservative trader)

 

Trade for the day : 25.11.2013 :

Sell Reliance trading @ 847.25 cmp : Sell this stock future below 844 level & maintain a stop @ 859 level and look for targets of 827 – 816 & 800 level

Continue with the same trade for tomorrow 26.11.13  and trade short active

OK

Trade for the day : 18.11.2013 : Buy SBIN Futures trading @ 1732 cmp : Buy this stock future above 1738 & maintain  a stop @ 1722 level  and look for a target of 1750 – 1754 -1763 -1778  &  1791 .Day traders can exit at your convenience and positional players look for  1819 level.

SBIN 1781 Target achieved for the day & only positional traders need to trade

 

Trade for the day : 18.11.2013 : Buy LICHSFIN Futures trading @ 221.50 cmp : Buy this stock future on a dip to 218.75 level and maintain a stop @ 213 level and look for targets of 225 – 229 & 235 level.

LIC Day targets achieved & only positional traders need to trade

 

 

Trade for the day : 14.11.2013 : Buy SBIN Futures trading @ 1714 cmp : Buy this stock future with a stop @ 1664 strictly and look for a target of 1761 – 1791 and 1819 level. Still in play 

 

Trade for the day : 14.11.2013 : Sell Infy futures : Trading @ 3356 cmp & sell this stock futures with a positional stop @ 3397 and look for a downside target of 3309 for day traders and positional players look for a downside target of 3286 and 3233 and time frame is 3 – 5 sessions. Still in play

 

Trade for the day : 13.11.2013 : Buy Bata India trading @ 960.48 cmp : Buy this stock future in the range of 948 level and maintain a stop @ 928 level and trade long for a target of  975 – 990 and positional traders can look for a target of 1015 level also ( Time frame for positional trade 3 -5 sessions) Breakout trade and break out level @ 943 

Bata futures for day traders both the targets 975 – 990 achieved & call closed and only positional players can hold for said target as on 13.11.13

Trade for the day :  11 .11.2013 : Sell ACC Futures trading @ 1092 cmp : sell this stock future with a stop @ 1133.86 level and look for a positional target of 1030 level : Time frame 2 – 4 sessions.

Sell call of ACC achieved and call closed

 

Trade for the day : Buy Arvind trading @ 114.85 cmp : Buy this stock future in the range of 110.90 – 112 and maintain a stop @ 105 and look for targets of 123 – 130 .Time frame 4 – 5 sessions and more also.

Trade for the day :  08 .11.2013 : Sell R-Com trading @ 139.65 cmp : Sell this stock future in the range of 139.65 – 142 level and maintain a stop @ 147 and look for lower target’s of 135.95 – 132.50 and also 126 level

Still in play

On 12.11.13 made a low of 128.35 and can exit as soon as target is achieved

 

Sell Reliance trading @ 892.85 cmp : Sell this stock future below 889 level and maintain stop above 902 level and look for target of 884 and 875

Target of 878 achieved

Nifty futures route map from 28.10.2013 onwards ( New  ) Chart posted below. Click on the image to enlarge

Nifty _F1 road map ahead from 28.10.2013 onward: Analysis and opinion only

Nifty futures as mentioned in the previous chart made an attempt to breakout of 6203 and head to 6288 but found res @ 6267 level’s and reversed to correct for now.

Now coming to the next week ahead 6174 -6175 is a key level to watch out for and immediate next level is 6203 (6175 – 6203) which will be its fresh breakout on the upside. If it is able to conquer this zone what will be the upper predicted level to watch out for will be 6217 – 6268 and 6303 level.

“As shown on daily time frame chart, prices are moving in an upward sloping (Green channel). The support for this channel is now near 6147. So for even on short term we can see that each of the down leg is getting retraced faster” Nifty future’s if the said trend is intact has to find support at 6087 – 6077 level and max the correction can take place to 6040 -6037 where it can find support and this area should be treated as the Demand zone for Nifty future’s. Failing which the said two zone’s of 6087 – 6077 and 6037 are threatened than nifty future’s will start to crack and the level of 6026 should not be breached as breaching this level’s nifty future will crack and create panic to levels of 5950 and 5896 level.

Time for a correction: If it pauses and say will correct the levels will be 6094 – 6087 and below ( key levels ) Correction should be only till the range of 6037 maximum in order to maintain the upward momentum and should again retrace back to the range for a continued further up move mentioned above ( to 6217 – 6268 and 6303 )

Nifty futures should at no point of time trade below 6026 levels and once trading below this level can term this as not a correction but a trend reversal and can also witness a sharp sell off from this zone.

Below 5826 what could a sell of be like: It can test 5950  and also 5896 level’s

Key nos to watch out for next coming week as it  is also a truncated week due to festive season:

6197 and 6203 for an upside breakout and target’s of 6268 – 6288 – 6303. Downside 6087 – 6037 and below 6326 only 5950 to 5896

Weekly 5 ema is a far distance away and don’t even consider this factor  for the time being.  Stop area for bulls who buy on dip’s should be below 6077 and for aggressive players should be below 6037 – 6026. Stop area’s for Bear’s should be above 6197 – 6218 ( Positional Bear’s ) stop loss

Can the nifty futures break the said numbers of 6197 and next 6216? : If yes than look out for 6288 and 6303 level.

The stochastic indicator is also in an overbought zone, and should watch out for reversals.

 

Supply (sellers) and demand zone (Buyers): Supply zone 6175 – 6197 – 6216  and demand zone seen @ 6087 – 6037 lower side. Demand zone max 6037. Below 6037 – 6026 the next Demand zone seen only at 5948 – 5896 level.

View: Be very cautious at the present levels on long positions and trade with strict stop’s. Always try to enter trade either at the support zones with the said stop and to sell try to sell at higher levels near the resistance zone. We have an important event the RBI Monetary policy and is a truncated week due to Festive season.

NIFTY FUT 28.10 REVISED

 

Nifty futures route map from 14.10.2013 onwards ( Previous  ) Chart posted below. Click on the image to enlarge

Also follow the previous chart for level’s and direction of trade.

21.10.2013 Nifty road map

 

 

 

Nifty futures route map from 14.10.2013 onward’s ( Old  ) Chart posted below. Click on the image to enlarge

Nifty _F1 road map ahead from 14.10.2013 onward: Analysis and opinion only

Nifty futures as mentioned in the previous chart made an exact low of 5754 and again reversed to retrace back to level’s of 6144.

Now coming to the next week ahead 6174 -6175 is a key level to watch out for and immediate next level is 6201 (6175 – 6201) which will be its fresh breakout on the upside. If it is able to conquer this zone what will be the upper predicted level to watch out for will be 6242 – 6288 and 6435 level. It has broken out of 6087 (Bull orbit level) and managed to close at 6130.

In the previous report had mentioned: “As shown on daily time frame chart, prices are moving in an upward sloping (blue channel). The support for this channel is now near 6000. So for even on short term we can see that each of the down leg is getting retraced faster” Nifty made an exact low near 5754 as mentioned and bounced back by almost 390 points from there.

Time for a correction: If it pauses and say will correct the levels will be 6094 – 6087 and below ( key levels ) Correction should be only till the range of 6008 – 6000 and 5959 maximum in order to maintain the upward momentum and should again retrace back to the range for a continued further up move mentioned above ( to 6242 – 6288 and 6435 )

Nifty futures should at no point of time trade below 5959 and 5923 levels and once trading below these levels can term this as not a correction but a trend reversal and can also witness a sharp sell off from this zone.

What will be the expected fair range play: 6233 – 6283 upside to 6008 – 6000 – 5959 level lower side & if it cannot break out of 6175 – 6201 than what will be the range? 6183 – 5950

Below 5923 -5913 what could a sell of be like: It can test 5780 – 5759 and also 5650 level’s

Key nos to watch out for next coming week as it  is also a truncated week due to festive season:

6175 and 6200 for an upside breakout and 6000 -5959 as a correction zone number.

Weekly 5 ema also corresponds @ exactly 5959 which for the time being will be a very strong support area. Stop area for bulls who buy on dip’s should be below 5959

Can the nifty futures break the said numbers of 6175 and next 6238? : If yes than look out for 6288 and 6435 level.

The weekly relative strength index is poised at 59 and daily RSI is @ 65 (watch out for any divergence in the rsi ).No divergence seen, but watch the rsi keenly @ present levels.

The stochastic indicator is also just entering an overbought zone (Not overbought) and should watch out for reversals.

The daily candle pattern is a Hanging man pattern: Not a good sign @ the current level and need’s confirmation on closing basis. A significant gap down the next day only confirms the pattern. Only a close above this will negate the validity of the pattern. A close below the previous close will confirm the pattern is intact and is not a good sign for the bulls.

Supply (sellers) and demand zone (Buyers): Supply zone 6175 – 6239 and demand zone seen @ 6008 – 6000 lower side. Demand zone max 5959

View: Be very cautious at the present levels on long positions and trade with strict stops. The nifty might get into a range bound play position before it can spring a surprise. Most of the nifty 50 basket stocks may trend in a sideway’s to a range bound play. For more on Buy and sell and specific stop areas will update on daily basis

 

 NIFTY _F1 14.10.2013

 

 

Nifty futures route map from 07.10.2013 onward’s Chart posted below ( old ). Click on the image to enlarge

 

Route map of Nifty _F1 as on 07.10.13 onwards: ( New weekly update ) October series

Nifty futures as predicted in the last weekly update chart ( check chart below for reference ) said nifty futures will correct to levels of 5767 and 5759 zone and it did exactly that and corrected till level of 5754 and from there on bounced to test level of 6008 on Friday last trading session.

Coming to the next week Nifty futures has got a very strong base support seen at 5913 – 5900 level and a major hidden support zone seen @ 5873 level and this level will be very strongly protected by the Bulls and has a strong resistance at 6015 – 6040 zone and once this zone is tested by the bulls will aim only for reaching 6087 as nifty futures will fall in an absolute Bull orbit and once conquering the above said zone of 6041 -6087 than the positional Bulls will enter to target the Trendline resistance seen @ 6193 level and may break the above resistance level to head to 6283 zone also which cannot be ruled out.

If the above said zones of 6015 -6041 and 6087 levels are difficult to break and only failing to protect 5913 – 5900 level first and the crucial hidden Bull support zone of 5873 than weakness in the market will creep and the Bears may want to drag the index down to 5873 – 5854 zone and once this zones are conquered by the bears only than the Bears will try to have a vice like grip on the market to drag the nifty futures to test 5754 and 5640 also.

NIFTY FUT 7.10.13

 

 

 

 

Nifty futures route map from 30.09.2013 onward’s Chart posted below. Click on the image to enlarge

Route map of Nifty _F1 as on 30.09.13 onwards: ( Old weekly update ) October series

This week ahead the nifty after testing 6083 which i specifically mentioned in the previous chart dated 23.09.13 ( see chart for ref below ) clearly said nifty will now after a long runup from base of 5110 to 6174 zone you can see a pause in the run up and nifty if trades below 6083 will only correct and please do not treat it as a start of a new trend reversal.The trend remains to be bullish and it will only be a correction. The correction will start only if nifty futures trades below 6021 zone in particular and will correct to it’s 38.2 % retracement level of the recent high and low ( 6174 – 5110 ) which falls at 5859 zone and only if it trade’s below this zone it can correct upto level’s of 5759 and the previous week it did exactly that and corrected upto level of 5820 level.

Now coming to the next week set up Very crucial zone to watch out for will be 5850 zone and if nifty future’s trade’s below 5850 – 5845 zone will also start to test the next crucial hidden support level of 5820 level and this level  of 5820  is very crucial level as trading below this level the bears will start to test the  50 % retracement level seen @ 5767 and 5759 zone. Buying will emerge @ this zone level and only a close below 5767 – 5759 ( on closing basis ) if nifty futures breaches this very important zone of 5767 – 5759 level than nifty will trade weak and snap to drag the index down to 5642 level’s and cannot rule out the possibility of 5550 level also.

Bull view: First stop area will be 5819 and  if nifty fut trades to the said level of 5767 -5642 what will be the stop area that should be maintained : the stop should be maintained @ 5591 level strictly for a positional trade failing which the next downside level will be 5550 zone.

Bear view : If nifty future cracks 5819 zone will press for downside targets of 5767 – 5759 zone and the gap area also and will have a stop above 5890 and look to trade for the target of 5767 and 5642 ( Trendline zone area ) also.

On the weekly time frame a dead cross is visible ( 5 ema and 10 eme ) cross only below 5592 level which will be a protection stop for the bulls. On daily time frame 5849 will be the area of a dead cross.

NIFTY FUTURES ROAD MAP FROM 30.09.13 DAILY

 

 

 Please check the Archives page for previous trade setup and targets.

 

 

 

 

Live calls will be posted during trading hours :

 

 

 

PARAMETERS USED TO SELECT TRADES : Relative strength index: macd : highs and lows: bearish and bullish divergence: last daily candle : reconfirmed with commodity channel index and composite index: break out levels: pivot’s with aide of supports and resistance: nifty levels also precisely cross checked: moving averages cross over’s the golden and dead crosses : stochastic index : Volumes : Divergence

 

Disclaimer

The recommendations made herein or otherwise do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein or otherwise will be profitable or that they will not result in losses. Readers using the information contained herein or otherwise are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.

This blog is purely a technical trading site and free for all.

 

 

 

 

Trade for the day :  01 .11.2013 : 

Buy SBIN Futures trading @ 1795.80 cmp : Buy this stock future on a dip to 1769 level and maintain a stop at 1732 level and trade for targets of  1831 – 1865 and also 1922 levels. Time frame 3 to 4 session’s. Day traders can exit at first 1 and 2 levels and only positional traders to look for target 3 zone.

All targets achieved in Sbin trade : Call closed as on 5.11.13

 

 

Trade for the day : 31.10.2013 : Buy LICHSGFIN Stock futures trading @ 219.35 : Buy this stock future strictly  only on a dip to the level of 216 – 212 and maintain a strict stop at 204 level and look for target’s of 223.90 – 225.90.Strictly trade to be entered on dip only.

stock future did not dip to levels of 216 and was not a trade

 

For high risk trader’s only : Sell Axis bank future’s trading at 1222.75 cmp : sell this stock future in the range of 1233 – 1240 level and maintain a tight stop at 1251 for a conservative trader and a aggressive trader to maintain stop at 1261 for lower target of 1207 – 1191 and 1165 level.

stock fut was not a trade and never rallied to the said level.

 

 

Trade for the day : 28.10.2013 : Sell ITC Futures trading @ 340.10 cmp : Sell this stock future’s below 338.59 level and trade short with a stop above 349.10 level and look for a target of  331 ( Safe player’s )  and positional player’s look for a positional target of 322 level.

All targets achieved and call closed

High Risk trader’s only : Sell HUL Stock future’s trading @ 590.25 level : Sell this stock future on Rally’s to 594 – 600 zone and maintain a stop at 613 and look for a positional target of 560 level ( Intermediate target’s look  for 584 – 578 & 569 )

The sell on rise worked and made a low of  581 and call closed

 

 

 

Trade for the day : 25.10.2013 : Sell BHEL Future’s trading @ 138.25 cmp .Sell this stock future’s with a stop at 142.20 cmp and trade short for target’s of 135.80 – 133.50 and 129.90 level. 

Target one achieved

 

 

Buy Biocon future’s trading @ 337 cmp : Buy this stock future’s on dip to 334 – 333 level and maintain a stop @ 327 level and look for target’s of 341 – 344 and 351 level. Positional player’s should look for target of 364 level and time frame is 4 to 6 sessions. 

The stock future has made a high of 346.50 cmp on 24.10.13. Positional players can hold for the said target with stop at cost @ 333 or 332.50 level.

For those who want to trade the above stock  in Cash segment as qty in future’s is high than look for the above said trade levels and trade following the buy ,stop & target zone’s.

 

 

 

Buy MCDOWELL-N Futures trading @ 2680 cmp : Buy this stock future on a dip to 2650 level and maintain stop at 2623 for upper target of 2724 and 2768 level. ( Aggressive trader’s can enter if it trade’s above 2704 level and for those trader’s who enter at 2704 level the stop should be 2636 level for the said target’s of 2724 – 2768 .

The stock dipped to 2652 level and than made a high of 2703 and those who are in trade can look for higher level’s. Still in play

target achieved and call closed

 

 

Trade for the day : 21.10.2013 : Buy Icici bank future’s trading @ 1014 cmp : Buy this stock future on dip to 1003 – 998 level and maintain a stop @ 973 level and trade long for a target of 1030 – 1045 and 1068 level. Positional player’s should target for 1115 level ( maintain strict stop @ 973 ) level.

Stock future made a high of 1050 level. ( Only positional player’s should hold stock for target’s with a trailing stop @ 998 level

stock future made a high of 1104 on 30.10.2013 and call closed and only high risk traders continue with a stop at 1178 for said target and also 1128

 

Trade for the day : 21.10.2013 : Buy SBI-N future’s trading @ 1672 cmp : Buy this stock future on a dip to 1660 – 1649 and maintain a stop below 1519  ( typo error ) 1619 level and trade long for target’s of 1691 – 1710 and 1740 level. Positional play the target to see is 1780 level.Maintain a strict stop at 1599 level.

The above stock fut made a high of 1748 and call closed only positional players hold for target with stop at cost.As on 24.10.13

Call closed as on 30.10 13

 

 

Trade for the day : 17.10.2013 : Sell SBIN Futures trading at 1625 cmp : Sell this stock future on rise to 1640 – 1647 and maintain a stop @ 1661 level ( strict ) and trade short for target’s of  1601 – 1592 – 1559  level.Do not venture into this trade without a stop. Positional player’s can hold for target’s of 1535 level’s.

SBI-N made a low of 1601 level.

Buy HIND ZINC Futures: Buy this stock future trading at 131.95 cmp with a stop at 128.20 level and look for target’s of 137 – 138 50 and positional player’s can hold for target’s of 140 – 144 level also.

Gaped up and did not trade as price gaped up beyond 2 % above

 

 

Trade for the day : 15.10.2013: Nil and did not update

Trade for the day : 14.10.2013 : Sell Hindalco future’s trading @ 115.20 cmp sell this stock future on rise to 116.20 level and maintain a stop above 118 .30 look for lower targets of 113.30 and 111.50 level and trading below 110 trade for targets of 108.80

Time frame 3 to 4 session’s.

All the above said targets achieved and stock future made a low of 105.50 also. Call closed

Trade for the day : 10.10.2013 :

Buy Infy futures trading @ 3112 cmp : Buy this stock future on dip to 3085 – 3050  zone and trade long  for a target of 3157 – 3200 and also 3270 levels and maintain a positional stop at 2969 and for conservative traders the stop should be maintained at 2997 level.

The stock future dipped to 3088 level and made a high of 3155 level. Can continue and tomorrow the 11.10.13 is Results and stock will be volatile. Only the risky players should trade this stock futures with hedging as protection also.

As on 15.10.13 Infy is trading at 3346 and now look for a positional target of 3470 level and maintain a trailing stop @ 3274

 

No trade given on 09.10.13

 

Trade for the day : 08.10.2013 :

Buy Tata steel futures trading @ 303 cmp : Buy this stock future with a positional stop @ 288 for an upper target of 328 level for a positional play. For those who need to enter this trade with a very small stop loss than wait for the stock future to trade above 306.10 level and than maintain a stop below 294.50 zone and look for intermediate targets of 315 – 319 – 328 level. Maintain strict stop @ 294 level and exit trade if this stop is triggered.

As on 15.10.13 maintain a trailing stop at 296.50 for the said target and still in trade

Trade for the day : 07.10.2013 :

Buy Lupin trading @ 886.65 cmp : Buy this stock future with a stop @ 877 level and trade long for targets of 895 – 899 & 904 level.All the said targets have been achieved and Lupin makes a high of 904

Trade for the day : 30.09.2013 : Continue with the same trade for 01.10.13

 

Buy HCL TECH Futures trading @ 1075 zone : Buy this stock future with a positional stop of 1044 level and trade long for an upside target of 1125 – 1170 and 1210 level. This stock future after consolidating is now again ready to move to the above mentioned targets.

HCL Tech hits 1121 level on Friday and this is still in trade or continue trade in The above stock futures.

HCL Tech hits our first target zone of 1125 on 07.10.13 .Trade in progress

As on 15.10.2013 stock futures makes a high and hits our target 2 zone and makes a high of 1177 level and now as on 15 .10 13 trail this stock futures with a stop 1129 level and look for the final positional target.

 

Buy Auropharma futures : Revised update : Trade given on 29.09.13 and look below for fresh stop and targets :Buy this stock future trading at 189.55 cmp .Buy with a stop below 178.97 level and look for a positional target of 208.50 level ( Positional trade ) . Time frame 3 to 5 sessions. The stock future made a high of 207.90 level and the target zone achieved. continue trade in Auropharama futures and look for fresh levels below

Fresh stop and fresh targets from 30.09.2013  for Auropharma futures will be as follows

Now trading @ 203.15 the stop loss area should be trailed at 193 level (strictly ) and  you should look for a target of 213.70  should ride the trend for 223  level zone also. Once the stock future breaks out of 208 levels the next target you should trade is for a positional set up zone target which is the 213.75 .will update on the next stop zone to trail.

Auropharma all targets achieved as on 04.10.2013 stock future makes a high of 215 level.

Sell call on Reliance futures below 845 now trail stop to 859 level.See nifty Archives page for levels.

Exit trade in Reliance future  as stock future retraces back to the stop loss zone.Cover position and Book loss on this trade

 

 

 

Trade for the day : 27.09.2013 :

Sell Reliance futures trading @ 737 cmp : Sell this stock future only below 845 level and maintain a strict stop above 866.95 ( closing basis only ) and look for a positional target of 801 & 794 level . Positional call and time frame 3 to 5 sessions.

 

 

Trade for the day : 24.09.2013 :

Sell Mcdowell-N future’s trading @ 2494 cmp : Sell this stock future with a positional stop @ 2545 on closing basis only.Sell for a positional target of 2386 – 2313 .Stock futures if breaks 2445 level on closing basis look for downside targets in 4 to 5 trading sessions. Safe players can sell this stock futures if it breaks the 2445 level and look for downside targets mentioned above. Than trail stop @ 2518 zone for those who wish to sell below 2445.Long term bearish call and will update on this.

Stoploss triggered in this call Mcdowell -N Stock fut traded above the stop area of 2545 zone.

Buy Auropharma futures : Buy this stock future trading at 189.55 cmp .Buy with a stop below 178.97 level and look for a positional target of 208.50 level ( Positional trade ) . Time frame 3 to 5 sessions. Continue yesterday’s trade.

Auropharma futures Targets achieved and call closed : For those who are still in trade will update stop area

 

 

Trade for the day 26.09.2013  : Be cautious as it is the last day of expiry for this series.

High risk traders only : Sell Raymond’s fut trading at 211.80 cmp and sell this stock future with a stop at 215.30 & look for downside target’s of 205 and 198.50 level.

Stock made a low of 203 and exited trade. Call closed and this stock will be removed from Futures list

 

 

 

Trade for the day : 24.09.2013 :

Sell Mcdowell-N future’s trading @ 2494 cmp : Sell this stock future with a positional stop @ 2545 on closing basis only.Sell for a positional target of 2386 – 2313 .Stock futures if breaks 2445 level on closing basis look for downside targets in 4 to 5 trading sessions. Safe players can sell this stock futures if it breaks the 2445 level and look for downside targets mentioned above. Than trail stop @ 2518 zone for those who wish to sell below 2445.Long term bearish call and will update on this

As on 25.09.13 still in Trade

Buy Auropharma futures : Buy this stock future trading at 189.55 cmp .Buy with a stop below 178.97 level and look for a positional target of 208.50 level ( Positional trade ) . Time frame 3 to 5 sessions. Continue yesterday’s trade

As on 25.09.13 still in Trade cont

As on 26.09.13 still in Trade cont ( roll over position )

Trade for the day : 25 .09.2013

Sell Bank India futures trading @ 163.10 cmp : Sell this stock futures with a stop above 169 and look for lower targets of 160.50 – 157.90 and 153 level

Bank India made a low of 158.70 and call closed

 

 

 

Trade for the day : 23.09.2013 :

Buy Auropharma futures : Buy this stock future trading at 189.55 cmp .Buy with a stop below 178.97 level and look for a positional target of 208.50 level ( Positional trade ) . Time frame 3 to 5 sessions.

Still in trade ( traded sideways as nifty cracked 130 points )

Nifty futures sell call all target’s achieved

 

 

Trade for the day : 17.09.2013 :

Buy HINDUNILVR Future’s trading @ 634 cmp : Buy this stock future in the range of 628.95 – 624 level and maintain a strict stop @ 618 level for upper target’s of  640 – 660 level .Positional player’s can hold for target’s of 680 level also. ( Time frame 5 – 7 sessions )

All the above mentioned target’s achieved.HUL made a high of 683 + and the call is closed

 

 

 

OPTION STRANGLE OF PETRONET TRADING @ 119.55 ON FUTURE’S : Trading at an important breakout & breakdown level with buy stop at 118.59 and sell stop at 121.46 level for upper target of 128.50 level (case for a break out ) and downside target of 110.50 level (case for a breakdown ). So buy both the call and put strikes simultaneously and hold one strike as hedge till the target on one side is achieved. Buy out of the money (OTM ) strikes and trade. 

 

Trade for the day : 10.09.2013 :

Buy Idea future’s trading at 159.60 cmp : Buy this stock future above 161.73 level and maintain a stop @ 154 level and trade long for a positional target of 177 and 183 level. ( positional trade ) .Intermediate target’s 169 – 173

Idea future’s has hit the intermediate target of 169 and 171 level.

 

 

Trade for the day : 10.09.2013 (Positional call and medium to short term trade set up  ): Chart updated below for your reference.

 

Buy Raymond’s future’s trading @ 195.20 cmp : Buy this stock future with a stop below 175 ( strict & a deep stop ) for a positional target of 231 – 249 and 265 also. Inverted head and shoulder pattern reversal ( bullish ) and good +ve divergence seen at bottom on stochastic indicator.The stock future has fallen from level’s of 490 to 170 level and is bottoming out after consolidating at the base. ( for the risky and aggressive trader who feel the stop is deep the stop should be 182 level)

For those who feel the future qty is high than trade with small qty in cash following the above levels.

Option players also play with nearest strike price as per your risk appetite.

Raymond hit the positional target one of 231 and trade is on

 

 

 

 

Trade for the day : 6.09.2013

Buy BHEL Future’s trading @ 133.60 cmp : But this stock future on dips to 131 level and maintain a stop @ 126 level and trade long for target’s of 137 – 139

Target hit & traded above & Nifty futures 3 targets hit

 

 

NIFTY FUTURES FOR 5.09.2013 Thursday    

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5474 – 5339 ( projection only)

Immediate and major resistance for nifty future is now seen at 5472  zone  & this is a crucial level.Nifty futures has to trade above 5472 – 5480 level which is now a  very stiff resistance to see an upmove to level of 5496 zone .If only Nifty future’s trades above this zone of 5496 for some time ( 3 – 5 min time frame ) Positional Bulls will enter as it is a supply zone to target the most crucial level of 5524 and 5559 zone.If nifty futures breaks the above said level of 5524 – 5559  it will trade very strongly till level’s of 5628. ( crucial zone to watch out for on upside is 5524 – 5559)  

 

On the downside immediate  support seen for nifty futures is @ 5436 and 5424  level and only trading below 5424 – 5417 should be very cautious as selling pressure will increase and  it can drag the index down to test lower  levels of 5396.  Caution should be exercised if nifty future trade’s below 5396 levels.It can slide in a quick sharp move and drag the index down again to test 5336. Trading below 5336 is not a healthy sign as nifty can plunge to test 5288 also.

Candle pattern daily chart : The daily candle pattern is a  bullish long white day  candle pattern.

For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5496.72 level for a target of 5527 – 5537 – 5559 – 5598 – 5628  with a stop at level 5456

For short on nifty futures sell only below : 5419 level for targets 5389 – 5379 – 5357  - 5318 & 5288  with stop at level 5460

Trade for the day : 5.09.2013

Trade Reliance futures trading @ 855 cmp : ( Trade  According to nifty futures levels ) If Nifty future’s trades above 5496 levels buy Reliance futures with a stop @ 839 level for target’s of  871 – 887 and 897 level.

Time frame  two to three session’s

If Nifty future’s trade’s below 5419 zone sell Reliance future’s than with a stop at 869.50 level and look for lower target’s of 836 – 819 and  812 also.

—————————————————————————————————————-

 

Sell NTPC Future’s trading at 126.35 cmp : Sell this stock future with a stop above 132.75 level and look for lower target’s of 124 – 121 & 118 .90  level ( Day trader’s )  Positional trader’s look for downside target of 117.50 and 115 level also.

Sell INFY Future’s trading @ 3051 level : Sell this stock future with only below 3062 level and once trades below this level place a stop at 3095 – 3105 level and trade short for target’s of 3019 – 2987 and 2973 levels and trading below 2970 look for targets of 2944 & 2820 also ( Time frame 3 to 5 session’s )

 

 

Trade for the day : 3.09.2013

Buy Tata steel futures : Buy this stock future trading at 291.25 cmp : Buy this stock future only above  293.90 level or on a dip to 286-280 level and maintain a stop at 273 level strictly for upper targets of 308 and 322 level.

This above trade was given at lows of 210 and 225 levels earlier and those traders can again re enter positions for the said targets.

For fresh entry please maintain the said stop and trade.

 

 

Trade for the day : 2.09.2013

Buy HINDUNILVR Future’s trading at 628 cmp: Buy this stock future and trade long for a positional target of 660 – 680 level and maintain a ( deep) stop loss at 595 level. The above trade is a positional trade and time frame required is 4 to 7 sessions.

For day traders the above said stock future levels will be as buy with a stop below 615 for targets of 639 level.

 

Sell Jublfood future’s trading @ 1010 cmp : Sell this stock future with a stop above 1073 level and trade short for a positional target of 917 level. ( Positional players only enter this trade ) Trading below 982 levels than revise stop to 1046 level.

Those who have taken this trade will updated levels for hedge on options .If Jubilant food trades above 1078 level than buy a 1100 CE and trade for for targets of 1098 and 1128 also.Retain the PE that have been bought.

 

 

 

Trade for the day : 26.08.2013 Continue with the same trade for 27 .08.13 & 28.08  For 29.08.13 trade same stock fut

and see the updated levels below with a revised stop.All the targets achieved and now continue with the same trade as below:

Buy TCS Futures trading @ 1813 level : Buy this stock future’s on a dip to 1802 – 1790 also and maintain a positional stop below 1765 level strictly for a positional target of 1885 and 1937 and 1950 also.This is a positional trade play.Time frame 10 days and more

For aggressive traders the above TCS Future’s  targets are 1844 – 1885 & 1917 and stop to be maintained is 1765 level. For short term trader’s and day trader’s.

On 28.08.2013 the above said target of 1937 was achieved and now look for the next target of 1950 – 1992 and also 2045 levels and trail stop ( fresh ) for this trade is 1848 level.Time frame same.

All the above said targets were achieved as on 30.08.2013 and for final target of 2045 only positional players in play.

 

 

Trade for the day : 19.08.2013

SELL HINDUNILVR FUTURES : Sell this stock future trading @ 599.65 cmp.Sell strictly below 596 level and maintain a strict stop at 627 level and look for lower targets of  559 level ( Positional trade ) Timeframe 2 to 4 sessions.

Made a low of 578 so pl exit trade.

 

Trade for the day : 16.08.2013

Buy Tatachem futures trading at 258.20 cmp : Buy this stock future on a dip to 255 level for targets of 262 .50 – 267 and 274 for positional play. The stop to be maintained for the above trade is 250 level. ( Breakout trade )

Stoploss for this trade triggered

 

Buy NMDC Futures trading at 114.75 cmp : Buy this stock future above 116.30 level and maintain a stop below 112 for upper targets of 118 – 121 and 127 also . If stock futures trades below than buy on dips @ level of 112 and maintain a strict stop below 108.50 level.(Breakout level for this stock future is 110.70)

Buy not initiated

 

Buy Cairn futures positional call : Buy cairn futures above 312.90 level and maintain stop below 303 level for targets of 321 and 328 will updated later on further targets.

Buy not initiated.

Nifty futures sell call activated and all targets achieved.

 

 

Trade for the day : 14.08.2013

Buy Ranbaxy future’s trading @ 400 cmp : Buy this stock future in the range of 388 – 393 level and maintain stop below 370 for upper target of 416 – 432 level .Still in trade

 

Sell Ambuja cement future’s trading @ 173 cmp : Sell this stock future with a stop above 177.80 level and trade short for target’s of  169 – 166.60 level. ( For positional player’s if the stock future trades below 166 look for lower target of 161 also and time frame is 2 to 5 trading session’s). This stock future made a low of 170 @ opening and has reverted.Please do not trade as the stock will reverse from this level and will turn into a buy as it is breaking out on the upside.

 

 

Trade for the 05.8.13

 

Buy Lupin Futures trading @ 897 level : Buy this stock future only above 905.70 level and trade long with a positional stop below 879 and look for a Positional target of 935 – 956 – 976 also. For day traders the upper targets are 913 – 917 – 928

 

Buy Bharatforg futures trading @ 200.80 level : Buy this stock future with a positional stop @ 195 level and buy for upper targets of 206.50 – 208 ( Day traders ) and positional players can look for 212 -219 play ( Stock is bottoming out and is set to retrace back.

 

please exit both the above trades cost to cost : Don’t trade will update later : Said @ 12 noon ( Not performing as per expectation ) Asked everyone to exit trade as soon as i saw a trend reversal in nifty and as both the above stocks gave a false breakout on the upside and immediately asked to exit long trade’s

 

 

Buy HDFC Futures trading @ 822.50 level : Buy this stock future with a stop below 806 level and trade long for a target of  842 – 854 and positional target of 869 level. ( Do not venture into this trade without a stop )

The stop for this trade has been triggered and those who are still in trade must get out of trade as soon as the stock breaches 800 level.

 

 

Trade for the day : 31.07.2013

 

Positional trade : Sell ITC Futures trading at 354 level . Positional stop for this trade is 367 level and for aggressive traders  stop @ 361 above .Sell this stock future only below 352 level and look for lower targets of 346 – 343 level and positional play look for 328 level also. (Time frame 2 to 5 sessions )

The stock touched our second target and now only positional players are in play

 

 

Trade for the day : 29.07.2013

Buy Biocon futures trading at 325 cmp : Buy this stock future in the range of 321 – 316 level and maintain a stop at below 312 level for a positional target of 345 and 352 level. The breakout level of the stock is 316 level. Stock made a high of 334 and still on trade.

 

Buy Auropharma futures trading @ 181 level buy this stock future on dips to  179 -175 range and maintain a positional stoploss at 169 level below ( closing basis only ) and trade for a positional target of  196 and 203 levels .( Positional call )

the stop for the above trade has hit and do not trade this stock future .The stock is all set to crack to levels of 151 and 139 also

Trade for the day : 25.07.2013

Sell IDFC Futures trading @ 117.70 level and maintain a stop above 121.57 –  level for a positional target of  103 and for short term traders look for target of 113 level.

 

Sell LIC Housing finance futures : trading at 203.45 level and maintain a stop above 217.80 level for lower targets of  189 and 178 also ( Time frame 5 to 8 sessions )

The above stock futures made a low of 188 level safe traders exit and the aggressive trail stop to 206 levels.

 

 

Trade for the day : 24.07.2013

Buy INFY futures trading @ 2909 level : Buy this stock future only above 2917 level and maintain a stop below 2890 for a positional target of 2990 and 3040 level ( positional trade and time frame 3 to 5 sessions ).Still in trade

Buy IDBI Futures trading @ 73.10 level.Buy this stock future only above 73.65 level and maintain a stop below 71 for upper targets of 78.25 and 80.50 level ( one to two trading sessions )

Stock fut never went above the given level and tanked 4 % ( Trade was not initiated )

 

Trade for the day : 23.07.2013

Sell DRREDDY Futures trading @ 2315 level.Sell this stock future with a stop above 2340 level and look for targets of 2289 for day traders and positional traders look for targets of 2269 – 2241 and more

Stock future opened @ 2334 level and traded above 2340 ( Did not initiate trade )

 

Trade for the day : 19.07.2013

Buy Bharti Airtel futures trading @ 324 level and maintain a very strict stop just below 318 and trade long for targets of 332.85 – 337 and 341 level.

The above stock future was given as a buy on 16.07.13 @ 306.50 level  and positional traders can look to exit the stock when the above levels are achieved.

Bharti Airtel on Monday the 22.07.13 achieved the target 2 zone of 337 levels.

 

Sell ACC Futures trading @ 1280 level with a stop @ 1298 level for lower targets of 1270 – 1254 – 1244 also ( High risk trade and risk to reward very high )

Acc Sell call on Monday the 22.07.13 achieved all the targets and made a low of 1236 level.

 

 

Trade for the day : 18.07.2013

BUY CIPLA FUTURES TRADING AT 408.70 CMP : BUY THIS STOCK FUTURE WITH A STOP AT 399 LEVEL FOR TARGETS OF 412 -416 -424 LEVEL.

Cipla futures makes a high of 417 and is still on trade.

SELL HDFC FUTURE TRADING AT 818 LEVEL : SELL THIS STOCK FUTURE WITH A STOP ABOVE 835 LEVEL FOR LOWER TARGETS OF 806 – 794 LEVELS.

The stock did not perform and not take up trade

SELL AXIS BANK FUTURES TRADING AT 1196.80 CMP : SELL THIS STOCK FUTURE WITH A STOP 1231 LEVEL FOR LOWER TARGETS OF 1172 – 1148 AND 1115 LEVEL.

Sell Axis bank futures makes a low of 1163 and informed traders to get out of trade or Book profits.

 

 

TRADE FOR 16.07.2013

 

BUY BHARTIARTL FUTURES : BUY BHARTI AIRTEL FUT TRADING AT 306.05.BUY THIS STOCK FUTURES ONLY ABOVE 308.75 CMP WITH A STOP BELOW 299 LEVEL FOR UPPER TARGETS OF 312 -315 TO 319 LEVEL .IF THE STOCK OPENS LOWER BUY ON DIPS IN THE RANGE OF 297 -301 AND MAINTAIN A STRICT STOP AT 289.70 LEVEL FOR A POSITIONAL PLAY TARGET OF 308 -319 AND ALSO 338 LEVEL.

Stock future performed and made a high of 319 level and on 17.07 made a high of 329 level

 

TRADE FOR 17.07.2013

BUY GAIL FUT’S TRADING @ 324.90 WITH A STOP BELOW 314 FOR TARGETS OF 334 – 341 -346 FOR 17.07.13

 

 

BUY UNIPHOS FUT : BUY UNIPHOS FUT TRADING @ 138.75 CMP .BUY THIS STOCK FUTURE ONLY ABOVE 139.25 LEVEL & MAINTAIN A STRICT STOP @ 136 LEVEL FOR TARGETS OF 143 -145 & POSITIONAL PLAYERS CAN LOOK FOR TARGETS OF 150 – 155 ALSO. WITHOUT STOP DO NOT VENTURE IN THIS TRADE.

The stock made a high of 141.75 for the day

SELL TCS FUT : SELL TCS FUT TRADING AT 1503 CMP .SELL THIS STOCK FUT WITH A STOP @ 1519 LEVEL STRICTLY FOR LOWER TARGETS OF 1480 -1475 LEVEL.

Did not trade as Tcs fut gaped up and in a flash traded above 1519 zone so was a no trade.

 

POSITIONAL TRADERS ONLY : BUY  UNION BANK FUTURES: TRADING @ 177.50 LEVEL.THE STOCK FUTURE HAS MADE A + DIVERGENCE ON DAILY TF. AFTER MAKING A SERIES OF LL AND LH THE TREND IS SET TO CHANGE AND IS A BUY FOR A GOOD POSITIONAL TRADE AND LOOK FOR TARGETS OF 185 -194 AND MORE ALSO.WILL UPDATE ON LEVELS.MAINTAIN A STRICT STOP JUST BELOW 167 LEVEL ( TIME FRAME IS 10 TO 14 TRADING SESSIONS )

 

 

Trade for the day : 3.07.2013

Sell LICHSFIN Futures trading @ 250.60 level .Sell this stock futures with a stop at 256.45 level for lower targets of 246 – 243 level and positional traders look for 232 level also.

All targets achieved

 

 

 

Buy Auropharma futures : Buy  Auropharma fut trading 188.25 cmp.Buy this stock fut on dips to 186 level and maintain a stop below 183 for upper targets of 191 -193 & 198.

Stock did not perform

Buy Canbank fut trading at 372.90 cmp & buy this stock future with a stop below 366 for upper targets of 376 -378 and 380 level

safe traders can keep a stop below 369 for the above trade.

stoploss triggered for the above trade

 

 

Trade for the day : 27.06.2013

Sell Coal India futures trading @ 288.10 cmp .Sell this stock future with a tight stop at 291 level for lower targets of  285.25 – 283.90 & 282.75 level.

Target one achieved

 

Buy Asian paint futures trading @ 4495 cmp.Buy this stock future with a stop at 4450 for upper targets of 4540 – 4562 -4580

All targets achieved

 

Trade for the day : 25.06.2013

Sell L&T Futures trading @ 1353.85 and trade short (sell ) with a stop @ 1367.50 level for lower targets of 1341 -1334 and 1329 level.

Target one of 1342 achieved

Buy Reliance futures trading @793.15 (Buy ) Buy this stock future only above 789 level and trade long with a stop just below 788 level for targets of 799 – 802.

Target 2 achieved and infact sorry as by mistake had not given the target 3 (which was 809 ) by oversight.All three tgts achieved

 

 

Trade for the day : 24.06.2013

Buy Ambuja cement futures : Buy Ambuja cement fut trading @ 185.60 cmp.Buy this stock fut in the range of 184 -185 with a stop below 183 for a aggressive trader and stop below 181.70 for a conservative trader for upper targets of 189 – 191 -194 .

Stoploss triggered for Ambuja cement

 

Buy Bata india futures : Buy Bata india fut trading @ 833 cmp.Buy this stock future on dips to 825 -823 level and maintain a stop below 814 for upper targets of 842 and 851 level.

Target of 841 achieved in Bata futures and purchased at low of 824 level.

Nifty futures sell call triggered and 4 targets achieved

 

 

Trade for the day : 21.06.2013

Sell ACC Futures trading @ 1176.50 cmp .Sell this stock futures with a stop above 1190 level for lower targets of 1164 – 1158 & 1152

Sell Finantech -Fut trading @ 771 cmp.Sell this stock future with a positional stop of 807 and trade short for target of 748 – 726

Both the trades performed well and hit the target zones

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 3.06.2013 Monday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 6033 – 5938 ( projection only)

Immediate and major resistance for nifty future is now seen at  6025 -6033  zone  &  this is  a  very crucial resistance zone. only on crossing  6025  zone nifty futures will start to test  it’s next  resistance  zone of  6050 on short term time frame and trades for more than 5 min – 10 min above this zone  fresh long positions will be added here by positional bulls to attempt to get to test  higher targets of 6070 levels. On conquering 6050 where heavy resistance is seen you can see a short covering rally towards 6090.
On the downside immediate and major support seen for nifty futures is at at 5983  level  and only on breaking this zone of  5983 level & trading for more than 3 min time  nifty futures will crack  to test 5977.This zone of 5977 is a very crucial support zone for nifty and only on trading below this zone is a sign of worry.You can witness panic selling emerging at this level to lower levels of 5954 and also may test the recent support zone of 5938. 5938 a very strong support on hourly time frame and if nifty tests this zone you can see buying emerging at lower levels of 5954 to 5938 for short term.
Candle pattern daily chart : The daily candle pattern is a long day bearish hammer pattern
  
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 6025  level for a target of  6046 – 6052 – 6067 – 6093  & 6113  with a stop at  level 5998

For short on nifty futures sell only below : 5974  level for targets 5954 – 5948 – 5933 – 5907 and 5887 with stop at level 6001


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 3.06.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
6000 5826 5908 5954 6033 6082 6164 6214

Relative strength of nifty hourly time frame is 33 and on Day chart 48 , volatility:  movement : High .Put call ratio seen at 1.06   & Sideways to _ ve momentum seen

Trade for the Day  from the 3.6.2013 onwards  only for professional swing traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversal value
 INFOSYS FUTURES  2419.20  2360  2366  2398  2450  2481  55  2360
 2533
Buy here Buy here cover cover

 

Trade for the day : Buy sterlite futures trading @ 94.30 cmp : Buy this stock future with a stop below 92 for upper targets of  96 – 97.50 and 102 level. Time frame will be 2 to 4 days time frame.

Sell BHEL Futures : Sell BHEL Futures trading @ 199.60 cmp : Sell this stock futures with a stop above 203.39. for lower targets of 197.10 – 195.20 level.For positional traders short this stock on a rally towards 210 levels with a stop 2 % above for lower targets of 192 -184 level .( High risk to reward ratio )

 

 POSITIONAL TRADE : POSITIONAL TRADERS CAN BUY UNIPHOS FUTURES OR SPOT ( CASH SEGMENT ) FUTURES NOW TRADING AT 155.60 LEVEL : BUY THIS STOCK OR STOCK FUTURES MAINTAINING A STOP BELOW 150 ON FUTURES AND TRADE LONG FOR A POSITIONAL TARGET OF 160 -163 -167 FOR  DAY TRADERS AND POSITIONAL TRADERS  TARGET OF 177 TO 190 LEVEL AND TIME FRAME REQUIRED MIN 20 TO 40 SESSIONS FOR POSITIONAL TARGET. ( UPTRENDING STOCK WHICH I HAD GIVEN A BUY AT LOWER LEVELS OF 116 FOR TARGETS OF 139 ) NOW THE STOCK HAS CONSOLIDATED AND READY FOR THE NEXT MOVE. 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS :Weekly trade levels from 03.06.13 onwards 

Underlying value-5985Pivot @ 6081 Sup@ 5929 & 5873Res @ 6087 & 6189

 

 

 

 

RECAP OF TRADE ON  :

1: Sell nifty futures below 5973 and 2 targets achieved

2:Sell BHEL Futures 2 targets achieved

3:Buy Infy futures could not take up trade as the stock opened up with a huge gap of 6 % upside. Trade nul and void

4: Our positional call Buy Uniphos futures trading at 155 for a positional target of 177 and 190 level was up by 6 % and day traders targets achieved.Only positional players can hold on to this stock and stock future

 

 

NIFTY FUTURES FOR 30.05.2013 Thursday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 6105 – 5998 ( projection only)

Immediate and major resistance for nifty future is now seen at  6100 -6105  zone  &  this is  a  very crucial resistance zone. only on crossing  6100 -6105  zone nifty futures will start to test  it’s previous  resistance  zone of  6115 on long term time frame and trades for more than 5 min – 10 min above this zone  fresh long positions will be added here by positional bulls to attempt to get to test  higher targets of 6135 levels. On conquering 6121 -6135 where heavy resistance is seen you can see a short covering rally towards 6154 very swiftly & any up move towards 6177. Nifty futures will turn bullish only if it trades above 6135 level and this zone is very crucial for positional traders. The bears will enter trade from the word go tomorrow as they have nothing to loose and the stops are well defined.They will be patrolling the 6100 -6135 zones and may become very aggressive here.
On the downside immediate and major support seen for nifty futures is at at 6075  level  and only on breaking this zone of  6075 level & trading for more than 3 min time  nifty futures will crack  to test 6065.This zone of 6065 is a very crucial support zone for nifty and only on trading below this zone is a sign of worry.You can witness panic selling emerging at this level to lower levels of 6040 – 6038. 6038 a very strong support on hourly time frame and if nifty tests this zone you can see a sudden drop from these levels to lower level of 6000 -5998 level and the selling may subside at these levels only. For those long on nifty futures ( Positional stop) to be maintained at 6040 level and than trail stops to higher levels.
Candle pattern daily chart : The daily candle pattern is a bearish hammer pattern. ( Hanging man )The candle is exactly poised at the centre of the 2 standard deviations and just sitting on the 15 dma of the Bands
  
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 6115  level for a target of  6134 – 6141 – 6155 – 6179  & 6199  with a stop at  level 6089

For short on nifty futures sell only below : 6065  level for targets 6046 – 6040 – 6025 – 6000 and 5980 with stop at level 6093


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 30.05.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
6090 6001 6028 6059 6086 6117 6144 6175

Relative strength of nifty hourly time frame is 53 and on Day chart 56 , volatility:  movement : High .Put call ratio seen at 1.07   & Sideways to _ ve momentum seen

Trade for the Day  from the 30.5.2013 onwards  only for professional swing traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversal value
Buy here Buy here cover cover

 

Trade for the day 30.05.2013 : 

Sell Union bank May contract futures : Sell the stock future trading @ 226.40 cmp,sell this stock future 226 to 228.50 level with a tight stop above 230 level for lower targets of 222.85 – 219.50 and also 216 level’s.Without stop do not venture into this trade. ( The breakdown level of this stock future is 228.35 )

 

 

 

 

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 06.05.2013 Monday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5990 – 5880 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5960 -5970  zone  &  this is  a  very crucial resistance zone. only on crossing  5960 -5970  zone nifty futures will start to test  it’s previous  resistance  zone of  5989 on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 6005 levels. Only on conquering 6005 where heavy resistance is seen you can see any up move towards 6027. Nifty futures will turn bullish only if it trades above 6031 level and this zone is very crucial for positional traders.
On the downside immediate and major support seen for nifty futures is at at 5938 – 5936  level  and only on breaking this zone of  5936 level  nifty futures will crack  to test 5924 where  its medium term trend support is seen on daily charts, If nifty futures trades below 5924 it will crack to test the crucial 100 daily moving average zone of  5880 level.Trading below 5880 it will go on to test 5854 level also where you can witness buying emerging at these levels by day traders only and can give some dead cat bounces at these levels.It is prudent to go long on nifty futures on dip’s only.
Candle pattern daily chart : The daily candle pattern is a bearish harami pattern.
  
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5970.23  level for a target of  5987 – 5993 – 6005 – 6027  & 6045  with a stop at  level 5946

For short on nifty futures sell only below : 5926.27  level for targets 5908 – 5903 – 5890 – 5869 & 5845  with stop at level 5951


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 06.05.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5948 5853 5895 5921 5963 5990 6032 6058

Relative strength of nifty hourly time frame is 50 and on Day chart 62 , volatility:  movement : High .Put call ratio seen at 1.02   & Sideways to + ve momentum seen

Trade for the Day  from the 06.5.2013 onwards  only for professional swing traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
 TATA STEEL FUT  311.80  302.16 304  309.90  317  323  47  302
 330
Buy here Buy here cover cover

 

Trade for the day 06.05.2013 :

BUY BATA INDIA FUTURES : Buy Bata India futures trading @ 769.35 cmp : Buy this stock future only above 764.70 ( Break out zone point ) Maintain a stop below 748 level and trade long for a target of  781 – 792 for day traders and positional traders can consider targets of 811 and 860 level in about 10 to 12 trading sessions. Do not short this stock future strictly.Buy only stock future

SELL CANARA BANK FUTURES: Sell Canara Bank futures trading @ 395.90 cmp : Sell this stock future on a rally to levels of 400 – 402 with a tight stop above 409 level for a lower target of 387 – 379 and 367 and positional traders should look for targets of 360 also in about 4 to 5 trading sessions and positional traders stop to be maintained above the breakdown zone of 413.70 level

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 06.05.13

 

Nifty futures no trade as traded siseways

Trade for the day 06.05.2013 :

BUY BATA INDIA FUTURES : Buy Bata India futures trading @ 769.35 cmp : Buy this stock future only above 764.70 ( Break out zone point ) Maintain a stop below 748 level and trade long for a target of  781 – 792 for day traders and positional traders can consider targets of 811 and 860 level in about 10 to 12 trading sessions. Do not short this stock future strictly.Buy only stock future.

Bata futures hits target one are of 780 for the day

SELL CANARA BANK FUTURES: Sell Canara Bank futures trading @ 395.90 cmp : Sell this stock future on a rally to levels of 400 – 402 with a tight stop above 409 level for a lower target of 387 – 379 and 367 and positional traders should look for targets of 360 also in about 4 to 5 trading sessions and positional traders stop to be maintained above the breakdown zone of 413.70 level

Canara bank futures almost bangs targets 2 zone and makes a low of 383 

Tata steel futures buy call was up by 4 % and hits our target 2 zone and above

 

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 16.04.2013 Tuesday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5625 – 5527 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5582  zone  &  this is  a  very crucial resistance zone. only on crossing  5582 – 5587  zone nifty futures will start to test  it’s previous  resistance  zone of  5591 on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5600 levels. Only on conquering 5591 where heavy resistance is seen you can see any up move. Once is able to conquer 5591 levels only than nifty future will start to test 5625 zone
On the downside immediate and major support seen for nifty futures is at at 5558  level  and only on breaking this zone of  5558 -5551 level  nifty futures will crack  to test 5548 where  its medium term trend support is seen on daily charts, If Nifty futures crack’s 5548 level will start trending downwards  &  try to test its major support zone of 5527 levels. Only trading below 5527 levels should be carefull on the long side as you can witness a bout of panic selling upto levels of 5485 zone.
Candle pattern daily chart : The daily candle pattern is a inverted hammer pattern
  
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5587  level for a target of  5601 – 5606 – 5617 – 5636 & 5651  with a stop at  level 5567

For short on nifty futures sell only below : 5548  level for targets 5534 – 5429 – 5518 – 5500 – 5485  with stop at level 5571


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 16.04.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5568 5416 5459 5513 5557 5611 5655 5705

Relative strength of nifty hourly time frame is 49 and on Day chart 39 , volatility:  movement : High .Put call ratio seen at 0.5   & Sideways to _ ve momentum seen

Trade for the Day  from the 16.4.2013 onwards  only for professional swing traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
Buy here Buy here cover cover

 

Trade for the day 16.04.2013 :

Buy Syndicate bank future : Buy syndicate bank future trading at 111.95 cmp : Buy this stock future on a dip to 109.40 – 106.90 level and trade long for targets of  114 – 116 level and maintain a very strict stop at 105 level for this trade.

Sell Titan futures : Sell this stock futures trading at 239.15 cmp : sell this stock future with a stop at 245 level for lower targets of 233 and 228 also

 

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 16.04.13

 

Nifty futures buy call all targets achieved : High made at 5705 level

 

Trade for the day 16.04.2013 :

Buy Syndicate bank future : Buy syndicate bank future trading at 111.95 cmp : Buy this stock future on a dip to 109.40 – 106.90 level and trade long for targets of  114 – 116 level and maintain a very strict stop at 105 level for this trade. Stock futures hit target one 

Sell Titan futures : Sell this stock futures trading at 239.15 cmp : sell this stock future with a stop at 245 level for lower targets of 233 and 228 also

Titan futures  hits target one

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 15.04.2013 Monday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5625 – 5517 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5544 – 5549  zone  &  this is  a  very crucial resistance zone. only on crossing  5549  zone nifty futures will start to test  it’s previous support & now a resistance  zone of  5562 ( very crucial areas to watch out for 5555- 5562 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5591 levels.( The gap zone )  Only on conquering 5591 where heavy resistance is seen you can see any up move. Once is able to conquer 5591 levels only than nifty future will start to test 5625 zone
On the downside immediate and major support seen for nifty futures is at at 5517  level  and only on breaking this zone of  5517 -5514 level  nifty futures will crack  to test 5489 where  its medium term trend support is seen on daily charts,  Nifty futures will crack &  try to test its major support zone of 5489 levels. Very critical area to watch is nifty futures trading below 5514 level as the mkt can see panic selling emerging till levels of 5464 and also 5439 .
Candle pattern daily chart : The daily candle pattern is a spinning top pattern
  
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5555  level for a target of  5569 – 5574 – 5585 – 5603 & 5619  with a stop at  level 5532

For short on nifty futures sell below : 5515  level for targets 5501 – 5495 – 5484 – 5465 – 5451  with stop at level 5537


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 15.04.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5535 5464 5489 5512 5537 5560 5585 5608

Relative strength of nifty hourly time frame is 43 and on Day chart 36 , volatility:  movement : High .Put call ratio seen at 1.00   & Sideways to + ve momentum seen

Trade for the Day  from the 15.4.2013 onwards  only for professional swing traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
 AMBUJA CEMENT FUT  175.90  169  172  174.15  178  180  47
 184
Buy here Buy here cover cover

 

Trade for the day 15.04.2013 :

Buy SBIN Futures trading @ 2073 cmp : Buy this stock future in the range of 2060 to 2073 level and maintain stop at below 2033 level for an upper target of 2088 – 2101 and 2128 levels

 

 Bullish stocks for tomorrow : 15.04.2013 : Mcdowell-N,Arvind,Biocon,Lupin,HDFC Bank,Godrejind,Cipla,JSW Steel and HUL

Bank nifty will perform well Canbank,Denabank,Sbin looking great for a pull back tomorrow.

CNX -IT will let the index down for tomorrow

 

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 15.04.13

Buy SBIN Futures trading @ 2073 cmp : Buy this stock future in the range of 2060 to 2073 level and maintain stop at below 2033 level for an upper target of 2088 – 2101 and 2128 levels

Buy SBIN Futures all targets achieved

Nifty futures buy call 4 targets achieved : High made at 5600 level

 

 

 

 

 

 

Live calls will be posted during trading hour’s :

 

 

NIFTY FUTURES FOR 26.03.2013 Tuesday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5688 – 5595 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5658 – 5663  zone  &  this is  a  very crucial resistance zone. only on crossing  5658  zone nifty futures will start to test  it’s previous support & now a resistance  zone of  5673 ( very crucial areas to watch out for 5673 – 5680 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5688 levels.  Only on conquering 5673 – 5680 where heavy resistance is seen you can see any upmove.The bears wont allow the bulls to try and surpass these levels.
On the downside immediate and major support seen for nifty futures is at at 5621  level and only on breaking this zone of  5621 nifty futures will try to test 5595 where  its medium term trend support is seen on Hourly charts,  Nifty futures will crack &  try to test its major support zone of 5595 levels. Very crucial zone of a breakdown seen at 5673 and if starts trading below this zone you can witness selling emerging @ this zone till it’s  support zone of 5621. On daily time frame we can see a long term trend line @ levels of 5597 and incidentally the 200 Dma on daily time frame also is placed at 5635 levels on daily time frame.Nifty may see selling pressure come to a grinding halt at the said levels and Buying emerging @ these levels.If 5600 is broken on the downside you can witness panic in the market upto levels of 5580 & also 5540 levels. For those long on nifty should place stops just below 5580
Candle pattern daily chart : The daily candle pattern is a long black day . ( Bearish cross also seen  )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5664  level for a target of  5678 – 5683 – 5694 – 5712 & 5727  with a stop at  level 5643

For short on nifty futures sell below : 5625  level for targets 5611 – 5606 – 5595 – 5577 – 5563  with stop at level 5645


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 26.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5642 5528 5581 5611 5664 5694 5747 5778

Relative strength of nifty hourly time frame is 33 and on Day chart 33 , volatility:  movement : High .Put call ratio seen at 0.96   & Sideways to _ ve momentum seen

Trade for the Day  from the 26.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
 HDFC FUTURES  807.90  795.27  800.50  809.65  817  826  52 798
 834
Buy here Buy here cover cover

 

Trade for the day 26.03.2013 :

 

 

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 26.03.13

Buy HDFC Futures on dips target 2 achieved : Buy at 809 – 801 range with stop @ 795.27 fot target of 817 – 826

Sell Indusind Bank Futures : Sell Indusind bank futures trading @ 392.65 .Sell this stock futures on rise to 396 – 397 levels and place a tight stop at 403.87 level for a lower target of 386 – 379 level and positional traders should trade for a target of 368

Sell Indusind bank futures stop loss triggered

 

Nifty futures : No trade taken up and was a range bound session

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 25.03.2013 Monday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5703 – 5606 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5673 – 5680  zone  &  this is  a  very crucial resistance zone. only on crossing  5680  zone nifty futures will start to test  it’s previous resistance  zone of  5699 ( very crucial areas to watch out for 5673 – 5680 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5704 levels. ( previous support zone 5799 on hourly time frame ) Once 5704 is conquered by the bulls you can witness a short covering rally to the said targets of 5739.Selling pressure may emerge at higher levels as the bears may not want the nifty to cross 5688 .The areas where the bears will watch out and again move is these levels. ( 5697 – 5703 )
On the downside immediate and major support seen for nifty futures is at at 5642  level and only on breaking this zone of  5642 where  its medium term trend support is seen on Hourly charts,  Nifty futures will crack &  try to test its major support zone of 5625 levels. Very crucial zone of a breakdown seen at 5673 and if starts trading below this zone you can witness selling emerging @ this zone till it’s  demand zone of 5625. Nifty futures the zone of 5705 – 5695 as the trendline support is seen at this zone.As told in yesterday’s trade that there is no valid support for nifty futures if it cracks 5673 level and will create panic.It did exactly that and just crashed to levels of 5641 zone.On daily time frame we can see a long term trend line @ levels of 5607 and incidentally the 200 Dma on daily time frame also is placed there.Nifty may see selling pressure come to a grinding halt at the said levels and Buying emerging @ these levels. For those short on nifty futures should place stop only above 5711 – 5713 on closing basis only as we can witness many dead cat bounces tomorrow. Most of the Daily timeframe indicators @ oversold region and can expect a pull back
Candle pattern daily chart : The daily candle pattern is a long legged Doji candle pattern @ bottom . ( Bearish cross also seen  )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5687  level for a target of  5702 – 5707 – 5718 – 5738 & 5753  with a stop at  level 5667

For short on nifty futures sell below : 5649  level for targets 5634 – 5629 – 5617 – 5598 – 5579  with stop at level 5670


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 25.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5668 5572 5607 5637 5672 5703 5738 5769

Relative strength of nifty hourly time frame is 32 and on Day chart 34 , volatility:  movement : High .Put call ratio seen at 0.98   & Sideways to _ ve momentum seen

Trade for the Day  from the 25.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
Buy here Buy here cover cover

 

Trade for the day 25.03.2013 :

Buy IGL Futures : Buy IGL Futures trading @ 273.25 cmp .Buy this stock futures with a stop below 266 for upper targets of  275.75 – 279.25 and a positional target of 285 level. Trade one lot only

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 25.03.13

Buy IGL Futures : Buy IGL Futures trading @ 273.25 cmp .Buy this stock futures with a stop below 266 for upper targets of  275.75 – 279.25 and a positional target of 285 level. Trade one lot only

 

IGL Futures target one achieved 

Nifty futures : target  3 achieved

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 22.03.2013 Friday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5699 – 5606 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5673 – 5680  zone  &  this is  a  very crucial resistance zone. only on crossing  5680  zone nifty futures will start to test  it’s previous resistance  zone of  5699 ( very crucial areas to watch out for 5673 – 5680 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5704 levels. ( previous support zone 5299 on hourly time frame ) Once 5704 is conquered by the bulls you can witness a short covering rally to the said targets of 5739.Selling pressure may emerge at higher levels as the bears may not want the nifty to cross 5688 .The areas where the bears will watch out and again move is these levels. ( 5697 – 5700 )
On the downside immediate and major support seen for nifty futures is at at 5642  level and only on breaking this zone of  5642 where  its medium term trend support is seen on Hourly charts,  Nifty futures will crack &  try to test its major support zone of 5625 levels. Very crucial zone of a breakdown seen at 5673 and if starts trading below this zone you can witness selling emerging @ this zone till it’s  demand zone of 5625. Nifty futures the zone of 5705 – 5695 as the trendline support is seen at this zone.As told in yesterday’s trade that there is no valid support for nifty futures if it cracks 5673 level and will create panic.It did exactly that and just crashed to levels of 5655 zone.On daily time frame we can see a long term trend line @ levels of 5607 and incidentally the 200 Dma on daily time frame also is placed there.Nifty may see selling pressure come to a grinding halt at the said levels and Buying emerging @ these levels. For those short on nifty futures should place stop only above 5711 – 5713 on closing basis only as we can witness many dead cat bounces tomorrow.
Candle pattern daily chart : The daily candle pattern is a inverted hammer long black day candle pattern @ bottom . ( Bearish cross also seen  )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5684  level for a target of  5696 – 5705 – 5716 – 5735 & 5751  with a stop at  level 5663

For short on nifty futures sell below : 5644  level for targets 5632 – 5624 – 5612 – 5593 – 5577  with stop at level 5667


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 22.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5664 5505 5580 5622 5697 5739 5814 5856

Relative strength of nifty hourly time frame is 29 and on Day chart 34 , volatility:  movement : High .Put call ratio seen at 0.92   & _  ve momentum seen

Trade for the Day  from the 22.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
Buy here Buy here cover cover

 

Trade for the day 22.03.2013 :

Sell BPCL Futures trading @ 369 cmp : Sell this stock futures on rise to 373 – 374 levels and maintain stop above 379 level for lower targets of 363 – 357 & 347 levels . Please do not venture into this trade without stoploss

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 22.03.13

Sell BPCL Futures trading @ 369 cmp : Sell this stock futures on rise to 373 – 374 levels and maintain stop above 379 level for lower targets of 363 – 357 & 347 levels . Please do not venture into this trade without stoploss

Sell BPCL Futures target one achieved

 

Nifty futures : target 1 – 3 achieved

 

NIFTY FUTURES FOR 21.03.2013 Thursday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5792 – 5695 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5738 – 5741  zone  &  this is  a  very crucial resistance zone. only on crossing  5741  zone nifty futures will start to test  it’s previous resistance  zone of  5765 ( very crucial areas to watch out for 5741 – 5765 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5788 levels. ( previous support zone 5788 on hourly time frame ) Once 5788 is conquered by the bulls you can witness a short covering rally to the said targets of 5805.Selling pressure may emerge at higher levels as the bears may not want the nifty to cross 5788 – 5792.The areas where the bears will watch out and again move is these levels. ( 5805 )
On the downside immediate and major support seen for nifty futures is at at 5704  level and only on breaking this zone of  5704 -5701 which is its previous Higher low on Hourly charts  Nifty futures will crack &  try to test its major support zone of 5673 levels. Very crucial zone of a breakdown seen at 5701 – 5695 and if starts trading below this zone you can witness selling emerging @ this zone till it’s  demand zone of 5673. Nifty futures the zone of 5705 – 5695 as the trendline support is seen at this zone &  is important for tomorrows trade. Breaking this only we can see nifty crack and slip to lower levels of 5667 – 5642 . No supports seen below 5673 levels and will create panic till levels of 5642 zone. Now for those who are long on Nifty futures 5673 is the stop area and area of alert.
Candle pattern daily chart : The daily candle pattern is a  spinning top candle pattern @ bottom . ( Bearish cross also seen  )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5735  level for a target of  5751 – 5756 – 5768 – 5788 & 5803  with a stop at  level 5713

For short on nifty futures sell below : 5695  level for targets 5679 – 5674 – 5662 – 5643 – 5627  with stop at level 5717


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 21.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5715 5633 5667 5691 5725 5749 5782 5806

Relative strength of nifty hourly time frame is 31 and on Day chart 37 , volatility:  movement : High .Put call ratio seen at 0.95   & _  ve momentum seen

Trade for the Day  from the 21.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
Buy here Buy here cover cover

 

Trade for the day 20.03.2013 :

Buy Infosys futures : Buy Infy futures trading @ 2884.25 cmp : Buy this stock futures with a stop below 2859 level for targets of 2906 – 2913 – 2924 -2945

 

Sell Bank India futures : Sell Bank India futures trading @ 300.60 cmp : Sell this stock futures on rise to 305 level and maintain strict stop at 308.35 ( Breakdown level @ 308.35 ) tad higher than 309 level and trade short for lower targets of 294.50 – 289 level.Without stop do not initiate this trade.

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 21.03.13

Buy Infosys futures : Buy Infy futures trading @ 2884.25 cmp : Buy this stock futures with a stop below 2859 level for targets of 2906 – 2913 – 2924 -2945. Target one achieved

 

Sell Bank India futures : Sell Bank India futures trading @ 300.60 cmp : Sell this stock futures on rise to 305 level and maintain strict stop at 308.35 ( Breakdown level @ 308.35 ) tad higher than 309 level and trade short for lower targets of 294.50 – 289 level.Without stop do not initiate this trade. All targets achieved

Nifty futures Buy 3 targets achieved and sell call 3 targets achieved

 

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 20.03.2013 Wednesday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5792 – 5695 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5767 – 5772  zone  &  this is  a  very crucial resistance zone. only on crossing  5772  zone nifty futures will start to test  it’s previous resistance  zone of  5792 ( very crucial areas to watch out for 5667 – 5772 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5788 levels. ( previous support zone 5788 on hourly time frame ) Once 5788 is conquered by the bulls you can witness a short covering rally to the said targets of 5805.Selling pressure may emerge at higher levels as the bears may not want the nifty to cross 5788 – 5792.The areas where the bears will watch out and again move is these levels. ( 5805 )
On the downside immediate and major support seen for nifty futures is at at 5736  level and only on breaking this zone of  5736 which is its previous lower low on Hourly charts  Nifty futures will crack &  try to test its major support zone of 5705 levels. Very crucial zone of a breakdown seen at 5736 and if starts trading below this zone you can witness selling emerging @ this zone till it’s  demand zone of 5705 – 5695. Nifty futures the zone of 5705 – 5695 as the trendline support is seen at this zone &  is important for tomorrows trade. Breaking this only we can see nifty crack and slip to lower levels of 5667 – 5642 . No supports seen below 5697 levels and will now make a new trade level
Candle pattern daily chart : The daily candle pattern is a  long black day . ( Bearish cross also seen  )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5772  level for a target of  5788 – 5794 – 5805 – 5825  with a stop at  level 5750

For short on nifty futures sell below : 5731  level for targets 5715 – 5709 – 5697 – 5677 – 5661  with stop at level 5755


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 20.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5751 5669 5653 5702 5786 5835 5918 5968

Relative strength of nifty hourly time frame is 29 and on Day chart 39 , volatility:  movement : High .Put call ratio seen at 1.15   & _  ve momentum seen

Trade for the Day  from the 20.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
Buy here Buy here cover cover

 

Trade for the day 20.03.2013 :

Sell PNB Futures : Sell PNB Futures trading @ 772.80 cmp, one lot only & strictly only below 775.30 and sell this stock future with a stop above 784 level for lower target of 760 – 747. The breakdown level of this stock future is 775.30 level.

 

 

 

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-0000 Sup@ Sup Pivot Res@ Res@ Rsi@00

 

RECAP OF TRADE ON  : 20.03.13

Sell PNB Futures : Sell PNB Futures trading @ 772.80 cmp, one lot only & strictly only below 775.30 and sell this stock future with a stop above 784 level for lower target of 760 – 747. The breakdown level of this stock future is 775.30 level.

All targets achieved on the above trade.

Sell nifty futures 3 targets achieved

 

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 06.03.2013 Wednesday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5850 – 5764 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5829  zone  &  this is  a  very crucial resistance zone as it was the previous breakdown zone of nifty futures . only on crossing  5829  zone nifty futures will start to test  it’s previous lower high zone of 5843 ( very crucial areas to watch out for 5829 – 5843 ) on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5850 levels.
On the downside immediate and major support seen for nifty futures is at at 5780  level and only on breaking this zone of  5780 Nifty futures will crack & slip towards the levels of 5777 – 5764 which is its crucial support zone for the day. Trading below 5757 is not a healthy sign. Nifty future’s major support  levels of 5764 – 5757  level should be held by the bulls. Here at this levels it is prudent to enter long positions for the day as this is the demand zone.  ( supply zone is at 5811 – 5828 level and demand zone seen at 5664 levels for the day )
Candle pattern daily chart : The daily candle pattern is a long white day pattern . This patter suggests that bullishness in mkt is returning.
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5822  level for a target of 5836 – 5841 – 5852 – 5870 – 5885  with a stop at  level 5799

For short on nifty futures sell below : 5784  level for targets 5769 – 5764 – 5753 – 5734 – 5719  with stop at level 5804


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 06.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5802 5673 5701 5752 5780 5830 5858 5909

Relative strength of nifty hourly time frame is 64 and on Day chart 42 , volatility:  movement : Average .Put call ratio seen at 0.92 & +  ve momentum seen

Trade for the Day  from the 06.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
 BHARTIARTL FUT 317.45 306.50 312.25 314.73  321.40 325.00  48  305
 332.00
Buy here Buy here cover cover

 

For those who went long in Bharti Airtel Futures can cover at our next target zone of  329 – 332 – 335 level and now maintain stop @ below 316 level

Trade for the day 06.03.2013 : 

Buy Tata power futures trading at 98.95 cmp : Buy this stock futures ( one lot ) only above 98.70 level and look for target’s of  99.72 – 100.50 – 101.50 level and for positional traders target is 103 ( time frame 2 sessions ) Stop for this trade is your convenient level below 98.70 as the break out zone is 98.70 level .

Buy HCL Tech futures trading @ 749.50 level. Buy one lot of this stock future on a dip to level of 740 with a stop just below 736 for a target of 760 level

 

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-5784 Sup@5697 Sup 5741 Pivot 5765 Res@5808 Res@5833 Rsi@41

 

RECAP OF TRADE ON 06.03.2013 Friday :

Buy Nifty futures and 3 targets achieved

 

Buy Tata power futures trading at 98.95 cmp : Buy this stock futures ( one lot ) only above 98.70 level and look for target’s of  99.72 – 100.50 – 101.50 level and for positional traders target is 103 ( time frame 2 sessions ) Stop for this trade is your convenient level below 98.70 as the break out zone is 98.70 level . Target one achieved

 

Buy HCL Tech futures trading @ 749.50 level. Buy one lot of this stock future on a dip to level of 740 with a stop just below 736 for a target of 760 level. Target achieved

 

 

MARCH SERIES : PREPARATORY WORK AND A FREE CIRCULATORY COPY ONLY

NIFTY FUTURES FOR 05.03.2013 Tuesday .

Tweet

What to expect tomorrow : Nifty future’s projected high and low for next session is 5782 – 5688 ( projection only)

Immediate and major resistance for nifty future’s is now seen at  5735 – 5740 zone and  &  than a  very crucial resistance is seen at 5757 level. only on crossing  5757  zone it’s previous lower high zone on hourly time frame and trades for more than 5 min – 10 min  fresh long positions will be added here by positional bulls to attempt to get  higher targets of 5757 levels. Major resistance seen @ levels of 5757 but trading above this level you can witness a short covering rally towards 5779 – 5792 zone very viciously ( Bear pull back )
On the downside immediate and major support seen for nifty futures is at at 5708  level and only on breaking this zone of  5708  Nifty futures will crack & slip towards the levels of 5696 which is its crucial support zone for the day. Trading below 5696 is not a healthy sign. Nifty future’s major support  levels of 5699  level should be held by the bulls or if breaking this zone will drag the index down to test the major support  levels of  5678  on the downside where a bout of selling pressure may increase Caution : Nifty futures should not trade below 5678 level as it indicates a sign of weakness. No support  below 5678 zone and is a free fall up to levels of  5638 level.Trade cautiously.
Candle pattern daily chart : The daily candle pattern is a Hammer pattern . This pattern suggest’s a  and trend reversal at the lows. Sign of bullishness returning ( Only a pull back on cards )
For the conservative nifty trader see the levels below & trade: Stop is a must

For long on nifty futures buy only above : 5734  level for a target of 5747 – 5752 – 5762 – 5779 – 5792  with a stop at  level 5714

For short on nifty futures sell below : 5699  level for targets 5686 – 5681 – 5671 – 5654 – 5641  with stop at level 5719


Nifty future’s should at least trade 3 min and above to initiate trade’s
NIFTY FUTURES PIVOTS LEVEL FOR THE DAY 05.03.2013
CLOSE/OPEN S3 S2 S1 PIVOT R1 R2 R3
5717 5641 5659 5688 5706 5735 5753 5782

Relative strength of nifty hourly time frame is 43 and on Day chart 31 , volatility:  movement : Average .Put call ratio seen at 0.82 &   ve momentum seen

Trade for the Day  from the 05.3.2013 onwards  only for p0sitional traders and not for investment purpose

Script name last close Stop loss L- 1 Centre L-2 L- 3 COVER L- 4 COVER RSI Reversalvalue
 BHARTIARTL FUT 317.45 306.50 312.25 314.73  321.40 325.00  48  305
 332.00
Buy here Buy here cover cover

 

Trade for the day 05.03.2013 : 

Sell DLF Futures trading at 252.20 cmp : Sell this stock future below 257.93 with a stop at your risk say 2 pips above for a lower positional target of  232. Day traders can exit at 242.50 level

 

How to trade: The above mentioned stock or stock future’s is a buy on dip’s strategy ,buy around 50 % of the intended quantity at pivot point and add more at level one area and keep a stop at the given stop loss zone .If the stock opens at this zones in the morning session,buy and cover part profits at level 3 zone and trail stops just below pivot or level 2 area and for the balance qty or the rest of the quantity cover at level 4 areas. If stock dips below the level 1 zone wait for stock to retrace back to L-1 and above buy with the given stop loss .If a stock opens above the level 3 areas your trailing stop is just a small bip below pivot to trade long. Aggressive traders can short the same stock if opens at L-3 zone by keeping a tight stop at a tad higher than L-4 as stop loss and cover part at pivot areas and trail stops the other way round. I have updated the details of how to trade this system in the next page .Visit on the page new topic for more details on how to trade.

Always cover 50 % of your positions at target one and trail stops just below center point as the stock will find resistance at level 3 areas and trade reverses again back to lower levels.will update a page on how to play with these levels.

I have updated on how to trade the Camarilla equation on the page New topic.Go through the details and note down and than after 2 or 3 days will update on how to combine Fibonacci and the Camarilla and play around with the levels.

CNX NIFTY OR CASH NIFTY LEVELS

Underlying value-5698 Sup@5642 Sup 5670 Pivot 5691 Res@5719 Res@5739 Rsi@29

 

RECAP OF TRADE ON 05.03.2013 Friday :

Buy Nifty futures and all targets achieved

Buy Bharti Airtel futures on dip to 312 range with stop below 306 for upper target of 321.40 – 325 & positional target of 332. Made a high of 325 and said day traders exit and only positional traders hold.

Sell DLF Futures below 257.93 …Did not trade as the stock future in a flash opened at the said level and also traded beyond the breakdown level.

For our free mail subscriber’s :

BUY WIPRO FUTURES : BUY WIPRO FUTURES TRADING AT 425 WITH A STOP BELOW 419 LEVEL FOR TARGET OF 428 – 430 – 432 AND POSITIONAL 439 TIME AT 9.50 AM ON 5-3-13

Wipro futures makes a high at 431.35 day traders exit at this level and only positional traders hold for positional target of 439
Made high of 435.95 level.