Jun 11, 2011

Nifty and Bank Nifty Analysis for 13thJune2011

Nifty Conservative Trading 
--------------------------------
Nifty Monthly Long above 5784(HEMA)  and 5445 (LEMA)   (TREND DOWN BELOW 5601)
Nifty Weekly  Long above 5600(HEMA)  and 5452 (LEMA)   (TREND DOWN BELOW 5523)
Nifty Daily   Long above 5543(HEMA)  and 5488 (LEMA)   (TREND DOWN BELOW 5515)


Only a close above 5523 =>should be used to take long position 
Only a close below 5480 /5470 =>should be used to take short position 


Weekly Trend down below  5523
Daily Trend  down below  5515


Strong Support -(5480 to 5490)
Strong Resistance -(5535 to 5555) /  (5590-5608)


As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile shows (5380-5390)-5410-5488-5505-5561 and (5590-5608) are important level to watch.






Nifty now face resistance @5495 level .
If Nifty today trade above 5495 level  =>it can test the 5530-5540
If Nifty trade below 5475  level => it can test 5450


Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5567
Nifty Daily  JNSAR  5514
http://perfecttradingsystem.blogspot.com/


Nifty Aggressive  Trading
---------------------------------
Range 40  min 5546 max 5525
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/




Bank Nifty Conservative Trading 
--------------------------------
Bank Nifty Monthly Long above 11546(HEMA)  and 10640 (LEMA)   (TREND DOWN BELOW 11051)
Bank Nifty Weekly  Long above 11055(HEMA)  and 10673 (LEMA)   (TREND DOWN BELOW 10840)
Bank Nifty Daily   Long above 10859(HEMA)  and 10709 (LEMA)   (TREND DOWN BELOW 10781)


Only a close above 10840 =>should be used to take long position 


Weekly Trend down below  10840
Daily Trend  down below  10781









Bank Nifty Aggressive  Trading
---------------------------------
Range 112  min 10602 max 10825
STOP LOSS 30 points only.
http://perfectbreakout.blogspot.com/



BANK Nifty  JNSAR
---------------------------------------
Bank Nifty Weekly JNSAR  10980
BAnk Nifty Daily  JNSAR  10787
http://perfecttradingsystem.blogspot.com/

Jun 9, 2011

Nifty Analysis for 09June2011

Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5784(HEMA)  and 5453 (LEMA)   (TREND DOWN BELOW 5613)
Nifty Weekly  Long above 5600(HEMA)  and 5459 (LEMA)   (TREND DOWN BELOW 5535)
Nifty Daily   Long above 5554(HEMA)  and 5503 (LEMA)   (TREND DOWN BELOW 5529)


Only a close above 5616 =>should be used to take long position 
Only a close below 5480 /5470 =>should be used to take short position 


Weekly Trend down below  5535
Daily Trend  down below  5529


Strong Support -(5480 to 5490)
Strong Resistance -(5535 to 5555) /  (5590-5608)


As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile shows (5380-5390)-5410-5488-5505-5561 and (5590-5608) are important level to watch.






Market Currently is Sideways  bottom at 5488-5510     top at  5590-5608.
If Nifty today find support 5520-5539 level =>it can test the upper boundary of 5590-5608
If Nifty trade below 5555  level => it can test lower boundary 


Nifty Aggressive  Trading
---------------------------------
Range 37  min 5483 max 5558
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/




Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5574
Nifty Daily  JNSAR  5520
http://perfecttradingsystem.blogspot.com/

Jun 7, 2011

Nifty Analysis for 08June2011

Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5784(HEMA)  and 5453 (LEMA)   (TREND DOWN BELOW 5625)
Nifty Weekly  Long above 5600(HEMA)  and 5459 (LEMA)   (TREND UP ABOVE 5547)
Nifty Daily   Long above 5562(HEMA)  and 5497 (LEMA)   (TREND UP ABOVE 5537)


Only a close above 5547 =>should be used to take long position =>Already LONG Stop loss 5497


Weekly Trend Up above    5547
Daily Trend  up above    5537


Avoid Long Till 5547
Exploring LONG opportunity will be advisable.


As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile shows (5380-5390)-5410-5488-5505-5561 and (5590-5608) are important level to watch.


Market Currently is Sideways  bottom at 5488-5510     top at  5590-5608.
If Nifty today find support 5520-5539 level =>it can test the upper boundary of 5590-5608
If Nifty trade below 5555  level => it can test lower boundary 








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


Nifty Aggressive  Trading
---------------------------------
Range 42  min 5514 max 5598
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/


Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5580
Nifty Daily  JNSAR  5518
http://perfecttradingsystem.blogspot.com/

Jun 5, 2011

Nifty Analysis for 7thJune2011

Nifty Conservative Trading
--------------------------------
Nifty Monthly Long above 5782(HEMA)  and 5462 (LEMA)   (TREND DOWN BELOW 5612)
Nifty Weekly  Long above 5616(HEMA)  and 5449 (LEMA)   (TREND DOWN BELOW 5542)
Nifty Daily   Long above 5566(HEMA)  and 5497 (LEMA)   (TREND DOWN BELOW 5525)


Only a close above 5616 =>should be used to take long position =>Already short Stop loss 5616


Weekly Trend down below   5542
Daily Trend  down below   5525


Avoid Long Till 5542
Exploring SHORT opportunity will be advisable.


As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile shows (5380-5390)-5410-5488-5505-5561 and (5590-5608) are important level to watch.


Market Currently is Sideways  bottom at 5488-5510     top at  5590-5608






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


Nifty Aggressive  Trading
---------------------------------
Range 47  min 5469 max 5564
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/



Nifty  JNSAR
---------------------------------------
Nifty Weekly JNSAR  5585
Nifty Daily  JNSAR  5505
http://perfecttradingsystem.blogspot.com/