Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5705(HEMA) and 5386 (LEMA) (TREND UP ABOVE 5533)
Nifty Weekly Long above 5628(HEMA) and 5445 (LEMA) (TREND UP ABOVE 5506)
Nifty Daily Long above 5503(HEMA) and 5444 (LEMA) (TREND UP ABOVE 5470)
Nifty Hourly Long above 5418(HEMA) and 5397 (LEMA) (TREND UP ABOVE 5407)
Nifty JNSAR
---------------------------------------
Nifty Weekly JNSAR 5557 -stay short
Nifty Daily JNSAR 5521 -stay short
Nifty Hourly JNSAR 5414 -stay short
Nifty Havala Level
-----------------------------------------------
30-Jun-11 5487
Nifty Aggressive Trading
---------------------------------
Range 56 min 5350 max 5460
STOP LOSS 10 points only.
Support and Resistance
--------------------
5225-5350-5393-5450-5490-5502-5532-5539-5550-5580-5606-5616-5630-5658-5667-5729-5754-5775-5865-(5940-5965)-6090-6175-6250-(6325-6350)
Open Interest
-----------------------
Support 5300/5400
Resistance 5500/5600
Trade Conclusion
--------------------------------
Nifty will find immediate resistance at 5433-5460
Support lies 5350-5370 level.
If market fails to rise above 5460 level ,we are deeply bearish.=> T1 5393 T2 300 (T1 already achieved)
Above 5460 bullish vies prevails . Initial target will 5490-5502
Below 5460-5516-5565 -> short the market , T1 5393 T2 300 (T1 already achieved)
Above 5460 -> go long the market ,Target 5502
Note : We are introducing trading journal section to track our trade and to learn from our mistake.
Sample Screen shot to view current holding position will be printed on main page.
No comments:
Post a Comment