Nifty Analysis for 30thMay2011

Nifty Conservative Trading

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Nifty Monthly Long above 5874(HEMA)  and 5439 (LEMA)   (TREND DOWN BELOW 5610)

Nifty Weekly  Long above 5621(HEMA)  and 5445 (LEMA)   (TREND DOWN BELOW 5555)

Nifty Daily   Long above 5452(HEMA)  and 5384 (LEMA)   (TREND UP ABOVE 5428)

Only a close above 5555 =>should be used to take long position

Weekly Trend Down below 5555

Daily Trend  Up  above  5428

Avoid long till 5555.

Exploring shorting opportunity will be advisable.

Now How to explore the shorting 

1)Conservative Trading that the trade follows the tide of the long-term trend while allowing for entrance into trades at times when the market moves briefly against the trend. 

2)The best buying opportunities occur when a rising market makes a briefer decline; the best shorting opportunities are indicated when a falling market rallies briefly. 

3)When the monthly trend is upward, weekly declines represent buying opportunities.Hourly rallies provide opportunities to short when the daily trend is downward.

4)Currently month and weekly is in down trend .so Daily and Hourly rallies provides shorting oppurtunities .

5488-5505   and  5555-5604 are two main region which provide shorting level. Stop loss max 20 points.

Going Long at this point will against trend ,should be executed with strict  stop loss.

Nifty Aggressive  Trading

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Range 55  min 5420 max 5531

STOP LOSS 10 points only.

http://perfectbreakout.blogspot.com/

Nifty  JNSAR

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Nifty Weekly JNSAR  5589

Nifty Daily  JNSAR  5437

http://perfecttradingsystem.blogspot.com/

Nifty Analysis for 24th MAY2011

Nifty Conservative Trading
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Nifty Weekly Long above 5611(HEMA)  and 5458 (LEMA)
Nifty Daily  Long above 5468(HEMA)  and 5398 (LEMA) 


Only a close above 5611 =>  should be used to take long position
Since overall trend remain down below 5468.
Avoid long till 5468.Exploring shorting opportunity will be advisable.


Nifty Aggressive  Trading
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Range 52  min 5341 max 5447
STOP LOSS 10 points only.


Nifty  JNSAR
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Nifty Weekly JNSAR  5586
Nifty Daily  JNSAR  5403


Bank Nifty Conservative Trading
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Bank Nifty Weekly Long above 11117(HEMA)  and 10686 (LEMA)
Bank Nifty Daily  Long above 10670(HEMA)  and 10468 (LEMA) 


Only a close above 11117=>  should be used to take long position
Since overall trend remain down below 10670.
Avoid long till 11117.Exploring shorting opportunity will be advisable.


Bank Nifty Aggressive  Trading
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Range 138  min 10286 max 10564
STOP LOSS 20 points only.


Bank Nifty  JNSAR
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Bank Nifty Weekly JNSAR 11042
Bank Nifty Daily  JNSAR 10679

Nifty Analysis for23May2011

Nifty Conservative Trading
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Nifty Weekly Long above 5688(HEMA)  and 5503 (LEMA)
Nifty Daily  Long above 5507(HEMA)  and 5434 (LEMA) 


Only a close above 5688 =>  should be used to take long position
Since overall trend remain down below 5559.
Avoid long till 5507.Exploring shorting opportunity will be advisable.




Nifty Aggresive  Trading
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Range 46  min 5440 max 5532
STOPLOSS 10 points only.


Nifty  JNSAR
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Nifty Weekly JNSAR  5628
Nifty Daily  JNSAR  5499




Bank Nifty Conservative Trading
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Bank Nifty Weekly Long above 11369(HEMA)  and 10858 (LEMA)
Bank Nifty Daily  Long above 10807(HEMA)  and 10613 (LEMA) 


Only a close above 11369=>  should be used to take long position
Since overall trend remain down below 10807.
Avoid long till 11369.Exploring shorting opportunity will be advisable.




Bank Nifty Aggresive  Trading
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Range 115  min 10548 max 10799
STOPLOSS 20 points only.




Bank Nifty  JNSAR
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Bank Nifty Weekly JNSAR  11179
Bank Nifty Daily  JNSAR  10817