HAPPY NEW YEAR

Nifty Analysis ,Bank Nifty Analysis and CNX IT Analysis for 29DEC2010

Nifty for 29DEC2010

BUY  @6030-6040-6059-6072-6088-6110-6137

SELL @5991-5981-5962-5949-5933-5911-5885

NIFTY SAR LONG 5975

MOVING AVERAGE PRICE CHANNEL:LONG @5985  STOPLOSS 5947

Volatility  

Minimum 5963  Maximum 6032  Range 34

(Use 10%-15% of Range as stoploss in Intra day trade)

BANK Nifty for 29DEC2010

BUY @11507-11523-11551-11572-11598-11631-11673

SELL @11447-11431-11402-11382-11356-11323-11281

BANK NIFTY SAR SHORT 11500

MOVING AVERAGE PRICE CHANNEL :NO POSITION

Volatility  

Minimum 11290  Maximum 11651 Range 180

(Use 10%-15% of Range as stoploss in Intra day trade)

CNX IT for 29DEC2010

BUY @7375-7388-7409-7425-7444-7469-7501

SELL @7330-7317-7296-7280-7261-7236-7204

CNX IT  SAR LONG 7221

MOVING AVERAGE PRICE CHANNEL :NO POSITION

Volatility  

Minimum 7298  Maximum 7429   Range 65

(Use 10%-15% of Range as stoploss in Intra day trade)

Nifty Analysis ,Bank Nifty Analysis and CNX IT Analysis for 28DEC2010

Nifty for 28DEC2010
BUY  @6030-6040-6059-6072-6088-6110-6137
SELL @5991-5981-5962-5949-5933-5911-5885


NIFTY SAR LONG 5968
MOVING AVERAGE PRICE CHANNEL:LONG @5985  STOPLOSS 5947


Volatility  
Minimum 5963  Maximum 6032  Range 34
(Use 10%-15% of Range as stoploss in Intra day trade)

BANK Nifty for 28DEC2010
BUY @11507-11523-11551-11572-11598-11631-11673
SELL @11447-11431-11402-11382-11356-11323-11281


BANK NIFTY SAR SHORT 11500
MOVING AVERAGE PRICE CHANNEL :NO POSITION


Volatility  
Minimum 11290  Maximum 11651 Range 180
(Use 10%-15% of Range as stoploss in Intra day trade)

CNX IT for 28DEC2010
BUY @7375-7388-7409-7425-7444-7469-7501
SELL @7330-7317-7296-7280-7261-7236-7204


CNX IT  SAR LONG 7221
MOVING AVERAGE PRICE CHANNEL :NO POSITION


Volatility  
Minimum 7298  Maximum 7429   Range 65
(Use 10%-15% of Range as stoploss in Intra day trade)

Merry Christmas

Nifty and Bank Nifty 27 Dec 2010

NIFTY FOR 27DEC 2010
BUY @5959-5969-5987-6000-6016-6037-6064
SELL @5920-5910-5892-5879-5863-5842-5815


NIFTY SAR LONG 5950
MOVING AVERAGE PRICE CHANNEL :LONG @5985  STOPLOSS 5947
VOLATILITY
MINIMUM 5975  MAXIMUM 6047  RANGE 35


BANK NIFTY 27DEC 2010
BUY @11442-11458-11486-11506-11532-11565-11606
SELL@11382-11366-11338-11317-11292-11259-11217


BANK NIFTY SAR SHORT 11500
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY
MINIMUM 11294 MAXIMUM 11659 RANGE 182


PRICE CLUSTER 
50SMA : 6018 IF NIFTY MANAGES TO STAY  ABOVE 6018
THEN THERE IS MORE UPSIDE TO THIS MOVE 

Nifty and Bank Nifty 24th Dec

NIFTY FOR 24DEC 2010
BUY @6000-6008-6024-6035-6049-6067-6089
SELL @5967-5969-5943-5932-5918-5900-5878


NIFTY SAR LONG 5950
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY
MINIMUM 5937  MAXIMUM 6022  RANGE 47


BANK NIFTY 24DEC 2010

BUY @11523-11553-11606-11644-11692-11753-11831
SELL@11411-11381-11328-11290-11241-11180-11102


BANK NIFTY SAR SHORT 11500
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY
MINIMUM 11258 MAXIMUM 11679  RANGE 210

Nifty and Bank Nifty 23 Dec,2010

NIFTY FOR 23DEC 2010
BUY @6016-6025-6040-6051-6065-6083-6106
SELL @5983-5975-5959-5948-5934-5916-5893


NIFTY SAR LONG 5925
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY
MINIMUM 5916  MAXIMUM 6052  RANGE 67

BANK NIFTY 23DEC 2010

BUY @11606-11643-11709-11756-11816-11892-11989
SELL@11467-11430-11364-11317-11257-11181-11085


BANK NIFTY SAR SHORT 11500
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY
MINIMUM 11224 MAXIMUM 11711  RANGE 243

Nifty and Bank Nifty 22nd Dec,2010

NIFTY FOR 22DEC 2010
BUY @5968-5979-5999-6014-6032-6055-6085
SELL @5925-5914-5894-5879-5861-5838-5808

NIFTY SAR LONG 5935
MOVING AVERAGE PRICE CHANNEL :NO POSITION

VOLATILITY
MINIMUM 5929  MAXIMUM 6072  RANGE 71

BANK NIFTY 22DEC 2010

BUY @11335 -11371-11435-11481-11540-11614-11708
SELL@11199-11163-11098-11052-10994-10920-10825

BANK NIFTY SAR LONG 11500
MOVING AVERAGE PRICE CHANNEL :NO POSITION

VOLATILITY
MINIMUM 11296 MAXIMUM 11778  RANGE 240

Nifty and Bank Nifty 21st Dec,2010

NIFTY 21DEC 2010


BUY @5973-5987-6011-6028-6050-6077-6113
SELL @5922-5909-5884-5867-5867-5845-5818-5782
NIFTY SAR LONG 5920
MOVING AVERAGE PRICE CHANNEL :NO POSITION


VOLATILITY  PRICE RANGE 69.43 MINIMUM 5877 MAXIMUM 6016 


BANK NIFTY 21DEC 2010


BUY @11508-11553-11633-11690-11763-11853-11973
SELL @11339-11294-11214-11157-11085-10992-10875
BANK NIFTY SAR SHORT 11500
MOVING AVERAGE PRICE CHANNEL :SHORT @11946  (CLOSE UR POSITION IF 11500 IS CROSSED)


VOLATILITY 
PRICE RANGE 245   MINIMUM 11021   MAXIMUM 11512


OPEN INTEREST STUDY

   PRICE CLUSTER CHART 

  

Fibonaaci Ratios for the Week 20-24DEC

Nifty and Bank Nifty 20th Dec,2010

Nifty for 20DEC2010
BUY @5917 -5930-5954-5971-5993-6020-6055
SELL @5866-5853-5829-5812-5790-5763-5728 
Channel System : No open position
J10 SAR :           LONG 5888
Bank NIFTY for 20DEC2010
BUY @11279-11324-11403-11459-11531-11622-11738
SELL @11112 -11068-10989-10932-10861-10769-10653
Channel System : OPEN POSiTION SHORT @11946  (CLOSE UR POSITION IF 11600 IS CROSSED)
J10 SAR :SHORT 11600   


Volatility calculation for 20Dec 2010

Nifty  Min 5896   Max 6018  Range 70 
Bank Nifty  Min 11168 Max 11679 Range 255

OPEN INTEREST 

   PRICE CLUSTERS FOR NIFTY

Nifty and Bank Nifty 13th Dec,2010

NIFTY 13DEC 2010
BUY @5811 5835- 5878-5909-5948-5997-6060
SELL @5720 5696-5653-5622-5583-5534-5471
J10 NIFTY SAR 5900
MOVING AVERAGE PRICE CHANNEL : NO FRESH POSITION


BANK NIFTY 13DEC 2010
BUY@11239 11305-11421-11505-11611-11745-11916
SELL @10922 10927-10810-10727-10621-10486-10315
J10 NIFTY SAR 11750
MOVING AVERAGE PRICE CHANNEL : CLOSE UR POSITION @11700

INDIA VOLATILITY INDEX

ABOVE 24 ,IT WILL TURN EXTREMELY BEARISH

Nifty and Bank Nifty 10th Dec

NIFTY FOR 10DEC2010


BUY @5949 5974-6018-6049-6089-6140-6204
SELL @5856 5831-5787-5756-5716-5665-5601

J10 NIFTY SAR 5900 SHORT
Moving Average Price Channel:NO FRESH POSITION NOW, BELOW 
5750 INIATE SHORT 


BANk NIFTY FOR 10DEC2010


BUY @11583 11648-11765-11848-11954-12088-12259
SELL @11337 11271-11155-11072-10966-10832-10661


J10 BANK NIFTY SAR 11800 SHORT
Moving Average Price Channel:INIATED SHORT 11976 ,Carry forward (11800 STOPLOSS)

Nifty and Bank Nifty 9th Dec

Nifty 9Dec 2010
Buy @5996 6007-6027-6041-6059-6081-6110
Sell@5955 5944-5924-5910-5892-5870-5841
SAR 5950
Moving Average price channel :No fresh position


Bank Nifty 9Dec 2010
Buy @11796 11849-11944-12012-12099-12209-12349
Sell@11594 11541-11445-11377-11291-11181-11041
SAR 11972
Moving Average price channel :No fresh position

Nifty and Bank Nifty 7th Dec

Nifty for 7 dec 
Buy @6055  6066-6087-6102-6121-6145-6176
Sell@6010  5999-5978-5963-5944-5920-5889
J10 SAR LONG 5950
Moving Average Price Channel :No fresh position
___________________________________________________________
Bank Nifty for 7 dec 
Buy @12454 12509-12608-12679-12769-12883-13029
Sell @12244 12188-12089-12018-11928-11814-11669
J10 SAR SHORT 11200
Moving Average Price Channel :No fresh position

Nifty and Bank Nifty 6th Dec

Nifty for 6Dec ,2010
Buy @6026  6034-6049-6059-6072-6089-6110
Sell@5995 5987-5972-5962-5949-5932-5911
SAR for J10  5942 LONG
Moving AVerage Price Channel :No fresh Position
__________________________________________________________________
Bank Nifty for 6th Dec ,2010
Buy @12548 12576-12632-12672-12722-12786-12867
Sell @12428 12397-12342-12302-12252-12188-12106

SAR for J10  12199 LONG
Moving AVerage Price Channel :No fresh Position

Fibonaaci Ratios for the Week 6-10 Dec

Nifty and Bank Nifty 2nd Dec

Nifty for 2nd Dec
Buy @5893 5909-5939-5960-5986-6020-6064
Sell @5830 5814-5784-5763-5737-5703-5659

Nifty J10   long 5880
Moving average price channel close ur position @5890.No fresh Position

Bank Nifty for 2nd Dec
Buy @12045 12095-12183-12245-12326-12428-12557
Sell @11858 11809-11721-11658-11578-11476-11346

Bank Nifty J10   long 12000
Moving average price channel already  closed ur position @12044.No fresh Position

Nifty and Bank Nifty 1st Dec

Nifty for 1st Dec 
Buy @5861 5877-5906-5927-5954-5988-6031
Sell @5798 5782-5753-5732-5705-5672-5629 


Nifty J10   short 5911
Moving average price channel close ur position @5890


Bank Nifty for 1st Dec  


Buy @11904 11944-12016-12067-12132-12215-12320  
Sell@11752 11712 -11640-11589-11523-11441-11335


Bank Nifty J10   short 12050
Moving average price channel close ur position @12044

Nifty and BankNifty 30Nov

Nifty and Bank Nifty for 30 Nov

Nifty
Buy @ 5787 5807-5842-5867-5898-5938-5989
Sell@ 5714 5694-5659-5635-5603-5563-5512

j10 SAR down 5911
Moving AVerage price channel down 5919


BankNifty
Buy @11795 11862-11982-12068-12177-12316-12492
Sell @11541 11473-11353-11268-11159-11020-10844

j10 SAR down 12072
Moving AVerage price channel down 12125

Nifty and Bank Nifty 29 Nov

Levels for Nov 29,Mon2010


Intraday Levels for Nifty 29 Nov

Buy Entry Price @ 5900 5919-5952-5976-6007-6045-6094
Sell entry price @ 5829 5810-5777-5753-5722-5684-5635

J10.SAR down 5930
Moving Average Price Channel down 6075


Intraday Levels for Bank Nifty 29 Nov

Buy Entry Price @ 11971 12039-12161-12248-12359-12499-12678
Sell entry price @ 11713 11645-11522-11436-11325-11184-11005

J10.SAR down 12127
Moving Average Price Channel down 12188

Nifty levels for Nov 29,Mon2010

Intraday Levels Volatility Calculation

Buy Entry Price 5900 5919-5952-5976-6007-6045-6094
Sell entry price 5829 5810-5777-5753-5722-5684-5635

J10.SAR down 5930
Moving Average Price Channel down 6075

25Oct 2010

SAR level for May 21

SAR level for May 21

Nifty SAR 5047
Bank Nifty SAR 9423
CNX IT SAR 5767.44

Book profit in Nifty Futures between 4990-5030 too but going Long in Nifty at this place is not recommended.Long Position in Nifty should be initiated if market substain above 5047 with a stoploss of 60 points.

Book profit in Bank Nifty at 9350 going Long in Bank Nifty at this place is not recommended.Long Position in BankNifty should be initiated if market substain above 9423 with a stoploss of 100 points.

Book profit in CNX IT at 5700 going Long in CNX IT at this place is not recommended.Long Position in CNX IT should be initiated if market substain above 5767with a stoploss of 80 points.

Parabolic Time/Price System (SAR - Stop and Reverse)

This is a useful technical indicator in a trending market for identifying when to enter into a long or short position and when to stop and reverse your position.

Patterns
+ for Long (Buy) and R for Long to Short Reversal - for Short (Sell) and R for Short to Long Reversal

How to use it?
Go long (buy) when the SAR is below the price and go short (sell) when the SAR is above the price. When the price penetrates the SAR, it is a Stop and Reverse point. If the price penetrates the SAR from above, stop going long and reverse to short. If the price penetrates the SAR from below, stop going short and reverse to long.

Background
This technical indicator is introduced by J. Welles Wilder, Jr. in his book "New Concepts in Technical Trading Systems" released in 1978. The name of the indicator is due to the nature that it resembles a parabola curve. It is a very popular technical indicator for setting trailing price stops for long or short positions.

Brief explanation for better understanding of this technical indicator
The general formula for calculating SAR is as follows:
SAR for the Next Day = SAR Today + Acceleration Factor * (Extreme Point - SAR Today)

Acceleration Factor starts from 0.02 and is incremented by 0.02 each time a new Extreme Point is reached and is capped at a maximum of 0.20. When the position reverses, the Acceleration Factor is reset to 0.02. The Extreme Point is the extreme price point since the position started. If you have started long 10 days ago, it is the highest price of the stock since then. If short, it is the lowest price of the stock since then.

To illustrate an example for the formula, let’s assume you are going long and the price is on an uptrend.


The SAR today is 30. From the point you have started long, the highest price reached is 35.
SAR for the Next Day = 30 + 0.02 * (35 - 30) = 30.3
On the following day, the price increases to 36.
SAR for the Next Day = 30.3 + 0.04 * (36 - 30.3) = 30.528

For going short, the example above is calculated in a similar manner except that the Extreme Point is the extreme low.


Assumptions

We will trade
2Lot of Nifty Futures
2 Lots of Bank Nifty
1 Lots of CNXIT

Stoploss for each Counter

Nifty: - 60 points
Bank Nifty: - 100 Points
CNX IT 80 Points

Nifty Calculation
Let us assume we are going short and the price is on downtrend.

The Nifty SAR is 5050 (SPOT, not Futures), from the point we have started, the lowest price reached is 4924.30.
SAR for the Next Day =5050 +0.02*(4924.30-5050) =5047


Bank Nifty Calculation
Let us assume we are going short and the price is on downtrend.

The Bank Nifty SAR is 9430 (SPOT, not Futures), from the point we have started, the lowest price reached is 9108.20
SAR for the Next Day =9430 +0.02*(9108.20-9430) =9423.56


CNX IT Calculation
Let us assume we are going short and the price is on downtrend.

The Bank Nifty SAR is 5770 (SPOT, not Futures), from the point we have started, the lowest price reached is 5642
SAR for the Next Day =5770 +0.02*(5642.20-5770) =5767.44

Calculate your profit in Nifty trading

The following step shows how to calculate the brokerage and taxes in nifty futures and how profits are generated.

The amount required to trade in one lot of nifty is Rs.25,000 (approx) and if you plan to trade in mini nifty lot then the amount required is Rs.14,000 (approx).

This amount is called as margin amount. So traders require only margin amount to buy and sell Nifty future contract.


Now let’s see the taxes calculation and how profits are generated

Suppose if you buy one nifty lot. One nifty lot consists of 50 nifty quantities so the amount required to buy the one lot of nifty is the margin amount and not the full amount.
The full amount becomes = 50 nifty Qty x 4800 (Nifty contract current price)
So the full amount is = 2,40,000.
But you only need the margin amount to buy one lot of nifty.
= you bought one nifty lot, which will cost
= 50 nifty qty x current nifty contract price
= 50 x 4800
= 2,40,000

The brokerage calculation on Buying Amount
The brokerage is 0.03 paisa for buying and 0.03 paisa for selling (it is the brokerage rate offered with our demat account)
= so the brokerage for buying one nifty lot is
= Rs.2,40,000 x 0.03/100
= Rs.72

The Taxes calculation on Buying Amount
In addition to brokerage, the trader has to pay the taxes to Government -
1. Service Tax (ST) = 10.36% - ST is applicable only on brokerage. It applies on both buying & selling brokerage.
2. Regulatory charges + stamp duty charges = total comes to = 0.004%. Applicable to both buying and selling amount.

1. Service Tax is calculated only on brokerage - It is 10.36%
In our above example, the brokerage has come to Rs.72
= 72 x 10.36/100
= Rs.7.45

2. Regulatory charges and stamp duty charges - comes to total 0.004%.
The buying amount is 2,40,000
= 2,40,000 x 0.004/100
= Rs.9.60

So the total Taxes you have to pay on buying amount is
Rs 7.45 + 9.6 = 17.05

Now the total amount you have to pay to broker including the brokerage & taxes for buying one nifty lot is
Brokerage = Rs.72
Total Taxes = Rs.17.05
Total amount comes to Rs.89.05

Profit’s generated on One Nifty lot
According to our strategy we ask our traders to book 20 points profit.
= Your buying price was 4800 so your selling price will become 4820.
= So the profit earned by buying and selling one nifty lot is 20 points x 50 quantity (one nifty lot)
= Rs.1000

The brokerage calculation on Selling Amount
= Brokerage is 0.03% on selling amount
= the selling amount is 4820 x 50 (one nifty lot) = 2,41,000
= Brokerage is 2,41,000 x 0.03/100 = Rs.72.30

The Taxes calculation on Selling Amount
In addition to brokerage, the trader has to pay the taxes to Government -
1. Service Tax (ST) = 10.36% - ST is applicable only on brokerage. It applies on both buying & selling brokerage.
2. STT (Security Transaction Tax) = 0.017% - STT is applicable only on selling amount.
3. Regulatory charges + stamp duty charges = total comes to = 0.004% = Applicable to both buying and selling amount.

Service Tax calculation (ST)
ST is 10.36%
ST is calculated on brokerage charge and the brokerage on selling amount is Rs.72.30
= 72.30 x 10.36/100
= Rs.7.46

Security Transaction Tax (STT)
It is only applied on selling amount = 0.017%
The selling amount is 2,41,000
So 2,41,000 x 0.017/100
= Rs.40.97

Regulatory and stamp duty charges are 0.004%
The selling amount is 2,41,000
So 2,41,000 x 0.004/100
= Rs. 9.64

So the total Taxes you have to pay on Selling amount is
= 7.46+40.97+9.64
= Rs. 58.07

The total amount you have to pay to broker including the brokerage & taxes for Selling one nifty lot is
Brokerage = Rs.72.30
Total Taxes = Rs.58.07
Total amount comes to Rs.130.37


Total brokerage and taxes to pay for buying and selling one Nifty Future contract comes to
The buying and selling brokerage + buying and selling taxes Which comes to,
Buying amount including taxes and brokerage comes to = Rs.89.05
Selling amount including taxes and brokerage comes to = Rs.130.37
So total amount comes to Rs.219.42


Your Net profit
The profit generated is 20 points for one nifty lot which comes to Rs.1000 and after deducting the total charges of Rs.219.42, your net profit comes to Rs.780.58.

Nifty,Bank Nifty ,CNX IT Futures Trading 27 Apr,2010

As Expiry is near market may remain volatile

Nifty Futures Trading
R3-5386.3, R2-5364.3, R1-5343.3, Pivot-5321.3, S1-5300.3, S2-5278.3, S3-5257.3

Bank Nifty Futures Trading
R3- 9994, R2- 9957, R1- 9898, Pivot- 9861, S1- 9802, S2- 9765, S3- 9706

CNX IT Futures Trading
R3- 6093, R2- 6076, R1- 6058, Pivot- 6041, S1- 6023, S2- 6006, S3- 5988

How to use Camarilla Level published on my Blog

There are various scenarios that can occur

Scenario 1
Open price is between H3 and L3

For Long
Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3

For Short Sell
Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 - L1, Target2 - L2, Target3- L3


Scenario 2
Open price is between H3 and H4

For Long
When price moves above H4, buy. Stoploss when price goes below H3. Target - 0.5% to 1%

For Short Sell
When the price goes below H3, sell. Stopless when prices moves above H4. Target1 - L1, Target2 - L2, Target3- L3


Scenario 3
Open price is between L3 and L4

For Long
When price moves above L3, buy. Stoploss when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3

For Short Sell
When the price goes below L4, sell. Stoploss when price moves above L3. Target - 0.5% to 1%


Scenario 4
Open price is outside the H4 and L4
Wait for the prices to come in range and trade accordingly.

How to trade Nifty and Bank nifty on 18th Jan

Nifty above 5273 can be considered safe for taking long position for 5284/5294,if nifty
hold with volume.

Trade to be executed on 18th Jan
Short Nifty at 5260 Level
Long Nifty at 5246 Level

Bank Nifty above 8982 will be taking long position 9001/9064Downside support exist at

8870.Below which you can take short position.

Trade to be executed on 18th Jan
Short BankNifty at 8943 Level
Long Bank Nifty at 8875 Level

Nifty future important levels for Monday, 18th January:
R3 5295 R2 5283 R1 5268 PP 5256 S1 5241 S2 5229 S3 5214
Bank Nifty future important levels Monday, 18th January:
R3 9106 R2 9053 R1 8981 PP 8928 S1 8856 S2 8803 S3 8731

Nifty Camarilla Levels for Monday, 18th January:
H4 5268 H3 5260 H2 5258 H1 5255 L1 5251 L2 5248 L3 5246 L4 5238
Bank Nifty Camarilla Levels for Monday, 18th January:
H4 8978 H3 8943 H2 8932 H1 8920 L1 8898 L2 8886 L3 8875 L4 8840

How to trade Nifty and Bank nifty on 14th Jan

Nifty above 5273 can be considered safe for taking long position for 5284/5294,if nifty
hold with volume.Take Short position below 5196,to achieve 5180
Trade to be executed on 14th Jan
Short Nifty at 5253 Level
Long Nifty at 5215 Level

Bank Nifty above 8982 will be taking long position 9001/9064Downside support exist at 8870.Below which you can take short position.
Trade to be executed on 14th Jan
Short BankNifty at 8954 Level
Long Bank Nifty at 8898 Level

Nifty future important levels for Thursday, 14th January:
R3 5329 R2 5284 R1 5259 PP 5214 S1 5189 S2 5144 S3 5119
Bank Nifty future important levels Thursday, 14th January:
R3 9064 R2 9001 R1 8963 PP 8900 S1 8862 S2 8799 S3 8761
Nifty Camarilla Levels for Thursday, 14th January:
H4 5273 H3 5253 H2 5247 H1 5240 L1 5228 L2 5221 L3 5215 L4 5196
Bank Nifty Camarilla Levels for Thursday, 14th January:
H4 8982 H3 8954 H2 8945 H1 8935 L1 8917 L2 8907 L3 8898 L4 8870

How to trade Nifty and Bank nifty on 13th Jan

Nifty above 5264 can be considered safe for taking long position for 5273/5285/5294,if nifty hold with volume.Take Short position below 5183,to achieve 5212/5180
Trade to be executed on 13th Jan
Short Nifty at 5237 Level
Long Nifty at 5183 Level

Bank Nifty above 9096 will again bring it in Bull range.Downside support exist at 9125.Below which you can take short position.
Trade to be executed on 13th Jan
Short BankNifty at 9040 Level
Long Bank Nifty at 8930 Level

Nifty future important levels for Wednesday, 13th January:
R3 5372 R2 5336 R1 5273 PP 5237 S1 5174 S2 5138 S3 5075
Bank Nifty future important levels Wednesday, 13th January:
R3 9316 R2 9245 R1 9115 PP 9044 S1 8914 S2 8843 S3 8713
Nifty Camarilla Levels for Wednesday, 13th January:
H4 5264 H3 5237 H2 5228 H1 5219 L1 5201 L2 5192 L3 5183 L4 5156
Bank Nifty Camarilla Levels for Wednesday, 13th January:
H4 9096 H3 9040 H2 9022 H1 9003 L1 8967 L2 8948 L3 8930 L4 8874

How to trade Nifty and Bank nifty on 12th Jan

Short Nifty at 5266 Level
Long Nifty at 5233 Level
(prior get confirmation from crossover chart for trend reversals)
Nifty above 5267 can be considered safe for taking long position for 5282,
if nifty hold with volume.Take Short position below 5233,to achieve 5212/5180

Short BankNifty at 9197 Level
Long Bank Nifty at 9149 Level
(prior get confirmation from crossover chart for trend reversals)
Bank Nifty above 9206 can be bull ride to 9227. Downside support exist at 9125.

Nifty future important levels for Tuesday, 12th January:
R3 5342 R2 5314 R1 5281 PP 5254 S1 5222 S2 5194 S3 5162
Bank Nifty future important levels for Tuesday, 12th January:
R3 9314 R2 9281 R1 9227 PP 9194 S1 9140 S2 9107 S3 9053
Nifty Camarilla Levels for Tuesday, 12th January:
H4 5282 H3 5266 H2 5260 H1 5255 L1 5244 L2 5238 L3 5233 L4 5216
Bank Nifty Camarilla Levels for Tuesday, 12th January:
H4 9221 H3 9197 H2 9189 H1 9181 L1 9165 L2 9157 L3 9149 L4 9125

How to trade Nifty and Bank nifty on 11th Jan

Short Nifty at 5272 Level

Long Nifty at 5244 Level

(prior get confirmation from crossover chart for trend reversals)

Nifty above 5284 can be considered safe for Bull and can move to 5310/5334,if nifty hold with volume.Take Short position below 5234,to achieve 5210/5184

Short BankNifty at 9185 Level

Long BankNifty at 9145 Level

(prior get confirmation from crossover chart for trend reversals)
Bank Nifty can hurdle upto 9172/9178/9185 levels .If It hold those level with High volumme ,then a move to 9200 can be seen.If Bank Nifty breaks the 9129 levels ,then 9093/9058 are on the card .

Nifty future important levels for Mon, 11th January:

R3 5334 R2 5310 R1 5284 PP 5260 S1 5234 S2 5210 S3 5184

Bank Nifty future important levels for Mon, 11th January:

R3 9271 R2 9235 R1 9200 PP 9164 S1 9129 S2 9093 S3 9058

Nifty Camarilla Levels for Mon, 11th January::

H4 5286 H3 5272 H2 5267 H1 5263 L1 5253 L2 5249 L3 5244 L4 5231

Bank Nifty Camarilla Levels for Mon, 11th January::

H4 9204 H3 9185 H2 9178 H1 9172 L1 9158 L2 9152 L3 9145 L4 9126

How to trade Nifty and Bank nifty on 8th Jan

Short Nifty at 5279 Level
Long Nifty at 5247 Level
(prior get confirmation from crossover chart for trend reversals)
Nifty above 5295 can be considered safe for taking long position for 5310/5315/5328,if nifty hold with volume.Take Short position below 5231,to achieve 5212/5180

Short BankNifty at 9223 Level
Long Bank Nifty at 9163 Level
(prior get confirmation from crossover chart for trend reversals)
Bank Nifty can hurdle upto 9203/9213/9223 levels .If It hold those level with High volumme ,then a move to 9300 can be seen.If Bank Nifty breaks the 9143 levels ,then 9133/9093 are on the card .

Nifty future important levels for Friday, 8th January:
R3 5354 R2 5328 R1 5296 PP 5270 S1 5238 S2 5212 S3 5180
Bank Nifty future important levels for Friday, 8th January:
R3 9361 R2 9311 R1 9252 PP 9202 S1 9143 S2 9093 S3 9034

Nifty Camarilla Levels for Friday, 8th January:
H4 5295 H3 5279 H2 5274 H1 5268 L1 5258 L2 5252 L3 5247 L4 5231
Bank Nifty Camarilla Levels for Friday, 8th January:
H4 9253 H3 9223 H2 9213 H1 9203 L1 9183 L2 9173 L3 9163 L4 9133

Camarilla Level for Nifty 7 Jan

Go Long above 5305 (Break Out Level)
Go Short below 5249 (Break Out Level)
H3 and L3 can be used for going Short or Long
5263 :long (Get Confirmation from MA Crossover Chart or CandleStick Chart)
5291 :Short (Get Confirmation from MA Crossover Chart or CandleStick Chart)

Camarilla Level
H4 5305 H3 5291 H2 5286 H1 5282 L1 5272 L2 5268 L3 5263 L4 5249

NIFTY AND BANK NIFTY 07th JAN 2009

Just keep an eye on 5310-5260, decisive cross above 5310 will take to 5315/5325. Strong supports exist at 5262 level. Decisive break will take it to 5246/5234. Till 5190 level is intact now, all dips can be used as buying opportunity.
Bank Nifty future strong support esists at 9170 level. Till these levels are intact one can utilise dips to buy for target of 9350 in coming sessions. 9170 on lower side and 9247 on upper side are important level.

Nifty future important levels for Thursday, 7th January:
R3 5344 R2 5323 R1 5307 PP 5286 S1 5270 S2 5249 S3 5233
Bank Nifty future important levels for Thursday, 7th January:
R3 9324 R2 9286 R1 9247 PP 9209 S1 9170 S2 9132 S3 9093

NIFTY AND BANK NIFTY 6 JAN

Just keep an eye on 5295-5260, decisive cross above 5295 will take to 5308/5325. Strong supports exist at 5262 level. Decisive break will take it to 5246/5234. Till 5190 level is intact now, all dips can be used as buying opportunity.
Bank Nifty future strong support esists at 9108/8990 level. Till these levels are intact one can utilise dips to buy for target of 9350 in coming sessions. 8878 on lower side and 9350 are important level.

Nifty future important levels for Wednesday, 6th January:
R3 5326 R2 5310 R1 5294 PP 5278 S1 5262 S2 5246 S3 5230
Bank Nifty future important levels for Wednesday, 6th January:
R3 9284 R2 9245 R1 9209 PP 9170 S1 9133 S2 9095 S3 9058

NIFTY AND BANK NIFTY 5 JAN

Now, what to expect tomorrow in indices? Just keep an eye on 5256-5262, decisive cross will take to 5277/5300. Strong supports exist at 5205-5190-5167 level. Till 5167 level is intact, all dips can be used as buying opportunity.

Bank Nifty future trading above 9095 will target 9350 in coming sessions. But if breaks 9095 with volume, then?? If also breaks 9045, then?? If reaches 9350 level in the coming sessions, then?? More live update only to the Nifty pack subscribers

Nifty future important levels for Tuesday, 5th January:
R3 5292 R2 5269 R1 5255 PP 5232 S1 5218 S2 5195 S3 5181
Bank Nifty future important levels for Tuesday, 5th January:
R3 9274 R2 9206 R1 9160 PP 9092 S1 9046 S2 8978 S3 8932

NIFTY AND BANK NIFTY 4JAN

Just keep an eye on 5222, decisive cross will take to 5235/5241. Now if crosses 5244 with volume we can see single sided move till 5275 level. Whereas break below 5164 will take it to 5130 levels in the no time.

Bank Nifty future trading above 9050 for some time will target 9070/9100 level. Now if trades above 9120 for 5-10 minutes we can see a clear 70-80 points rally. Downside supports exists at 9014/9005. A break with volume will take it to 8960 levels.

PIVOT FOR 4JAN 2010

NIFTY PIVOT POINT

____________________________________
R3 5275.4 R2 5248.6 R1 5224.8
Pivot 5198
S1 5174.2 S2 5147.4 S3 5123.6

BANK NIFTY

__________________________________
R3 9172.1 R2 9132.8 R1 9080.9
Pivot 9041.6
S1 8989.7 S2 8950.4 S3 8898.5