Mar 8, 2011

Nifty Analysis for 9thMarch2011

Nifty Weekly will be in buy mode above 5581.
Nifty Daily  will be in buy mode above 5527.
Till then we are in uptrend


Other activities show up  move ahead
Long Build up =>Nifty Open Interest for March stands at 2,10,13,400 up by 2,03,350 with increase in price
Bullish=>  Call writng seen 5700 CE, unwinding seen in 5400CE,5500CE,5600CE
Bullish=>  put  writing  seen at 5400PE,5500PE


Oi study at this point of time suggest ,Market is getting ready for upward movement.


Go LONG @MaketPrice STOPLOSS 5480  Resistance placed at this level 5539 , 5565-5590,5612


Go SHORT IF MARKET TRADE BELOW 5480  STOPLOSS 5480(+/- 10 points)  [chances are less]

VOLUME PROFILE
----------------------------------------------------------------
5318-5399-5427-5436-(5444-5466)-(5498-5518)-5525-5600-(5630-5640)-5680-5725-5745-5763-5772-5785-5798-5810-5821
MAXIMUM VOLUME PARTICIPATION IS SEEN AT THESE LEVEL FOR NIFTY.
THESE LEVEL CAN PLAY THE ROLE OF IMPORTANT SUPPORT AND RESISTANCE.

Important EMA
-------------------------------------------------------------------
5ema   5475
13ema  5453
21ema  5468
34ema  5523
55ema  5605
89ema  5671
144ema 5668
233ema 5574

Market profile
--------------------------------------------------------------------
VAH - 5540, POC - 5524, VAL - 5508

Volume Weighted Average Price (VWAP)
--------------------------------------
5521.42

PREVIOUS MONTH NIFTY EXPIRY
----------------------------------------------------------------------
30-Dec-10--6101.85--41.50--0.68%
27-Jan-11--5604.30--83.10--(-1.46%)
24-Feb-11,5262.7,-174.65,(-3.21%)


MOVING AVERAGE PRICE CHANNEL(http://pricechannelsystem.blogspot.com/)
---------------------------------------------------------------------
We will initiated short position if nifty manage to close below 5468.


J10 TRADING SYSTEM(http://perfecttradingsystem.blogspot.com)
------------------------------------------------------------
We will initiated short position if nifty manage to close below 5468.


VOLATILITY BREAKOUT METHOD(http://perfectbreakout.blogspot.com)
-----------------------------------------------------------------
9th March  NIFTY :MIN  5425 MAX 5616 RANGE 95

Daily and weekly level
--------------------------------------------------
NIFTY WEEKLY =>ABOVE  5581(BUY)
NIFTY DAILY  =>ABOVE  5527(BUY)

Open Interest Study
-------------------------------------------------
As of now ,
Strong Support   @5400-5500
Strong Resistane @5700

Mar 7, 2011

Nifty Analysis for 8thMarch2011

 Nifty Weekly will be in buy mode above 5568.
Nifty Daily  will be in buy mode above 5525.
Till then we are in downtrend.


Other activities show down move ahead
Huge Long Liquidation, Profit booking on Shorts =>Nifty Open Interest for March stands at 2,08,10,050 down by 18,94,950 with decrease in price
mild bearish=>  Call writng seen @5400 CE
Bullish=>  put  unwinding seen @5500,5600,5700 PE


OI STUDY Suggests Market inclined little downside(@5400) and more upside(5500 to 5600).


It appear Nifty have closed at tricky level .Either side movement is possible.Although New appear to bring market down.
Technically it doesnot appear market is ready to move more down=> this situation may change @ any point of time.


5499 is first resistance if nifty trade above it => Go Long 
ELSE SHORT IT STOPLOSS 5499




VOLUME PROFILE
----------------------------------------------------------------
5318-5399-5427-5436-(5444-5466)-(5498-5518)-5525-5600-(5630-5640)-5680-5725-5745-5763-5772-5785-5798-5810-5821
MAXIMUM VOLUME PARTICIPATION IS SEEN AT THESE LEVEL FOR NIFTY.
THESE LEVEL CAN PLAY THE ROLE OF IMPORTANT SUPPORT AND RESISTANCE.




Important EMA
-------------------------------------------------------------------
5ema   5475
13ema  5453
21ema  5468
34ema  5523
55ema  5605
89ema  5671
144ema 5668
233ema 5574



Market profile
--------------------------------------------------------------------
VAH - 5492, POC - 5466, VAL - 5440




Volume Weighted Average Price (VWAP)
--------------------------------------
5452




PREVIOUS MONTH NIFTY EXPIRY
----------------------------------------------------------------------
30-Dec-10--6101.85--41.50--0.68%
27-Jan-11--5604.30--83.10--(-1.46%)
24-Feb-11,5262.7,-174.65,(-3.21%)




MOVING AVERAGE PRICE CHANNEL(http://pricechannelsystem.blogspot.com/)
---------------------------------------------------------------------
We will initiated short position if nifty manage to close above 5456.




J10 TRADING SYSTEM(http://perfecttradingsystem.blogspot.com)
------------------------------------------------------------
We will initiated short position if nifty manage to close above 5456.




VOLATILITY BREAKOUT METHOD(http://perfectbreakout.blogspot.com)
-----------------------------------------------------------------
21stFeb2011  NIFTY :MIN  5,369  MAX 5,557 RANGE 94




Daily and weekly level
--------------------------------------------------
NIFTY WEEKLY =>ABOVE  5568(BUY)
NIFTY DAILY  =>ABOVE  5525(BUY)




Open Interest Study
-------------------------------------------------
As of now ,
Strong Support   @5400
Strong Resistane @5500-5600

Mar 6, 2011

Nifty Analysis for march07 2011

Nifty Weekly will be in buy mode above 5607.
Nifty Daily  will be in buy mode above 5542.
Till then we are in downtrend.

Other activities show down move ahead
short Build Up =>Nifty Open Interest for March stands at 2,27,05,000 up by 9,08,850 with decrease in price
Bullish=>  Call unwinding seen @5100 to 5500 CE
Bullish=>  put  writing seen @ 5500 to 5900 PE

OI STUDY Suggests Market inclined little downside and more upside.

Nifty will face resistance @5590 to 5612 .Then @ 5644.
In short ,If Nifty Trade above 5650  ,Go LONG .
ELSE SHORT IT  STOP LOSS IS 5612.

VOLUME PROFILE
----------------------------------------------------------------
5318-5399-5427-5436-(5444-5466)-(5498-5518)-5525-5600-(5630-5640)-5680-5725-5745-5763-5772-5785-5798-5810-5821
MAXIMUM VOLUME PARTICIPATION IS SEEN AT THESE LEVEL FOR NIFTY.
THESE LEVEL CAN PLAY THE ROLE OF IMPORTANT SUPPORT AND RESISTANCE.


Important EMA
-------------------------------------------------------------------
5ema   5481
13ema 5451
21ema  5469
34ema  5526
55ema  5610
89ema  5675
144ema 5671
233ema 5575
 
Market profile
--------------------------------------------------------------------
VAH - 5572, POC - 5548, VAL - 5524


Volume Weighted Average Price (VWAP)
--------------------------------------
5560.12


PREVIOUS MONTH NIFTY EXPIRY
----------------------------------------------------------------------
30-Dec-10--6101.85--41.50--0.68%
27-Jan-11--5604.30--83.10--(-1.46%)
24-Feb-11,5262.7,-174.65,(-3.21%)


MOVING AVERAGE PRICE CHANNEL(http://pricechannelsystem.blogspot.com/)
---------------------------------------------------------------------
We will initiated short position if nifty manage to close above 5454.


J10 TRADING SYSTEM(http://perfecttradingsystem.blogspot.com)
------------------------------------------------------------
We will initiated short position if nifty manage to close above 5454.


VOLATILITY BREAKOUT METHOD(http://perfectbreakout.blogspot.com)
-----------------------------------------------------------------
21stFeb2011  NIFTY :MIN  5,444  MAX 5,632 RANGE 93


Daily and weekly level
--------------------------------------------------
NIFTY WEEKLY =>ABOVE  5607(BUY)
NIFTY DAILY  =>ABOVE  5542(BUY)


Open Interest Study
-------------------------------------------------
As of now ,
Strong Support   @5400
Strong Resistane @5600