Jan 8, 2010

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

Jan 7, 2010

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

Jan 6, 2010

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

Jan 5, 2010

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

Jan 4, 2010

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

Jan 3, 2010

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.