Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Oct 1, 2011
Sep 29, 2011
Nifty Analysis And Bank Nifty Analysis For 30Sep2011
Indicator
-----------------------------
Nifty Monthly Oversold (Bearish below 5271)
Nifty Weekly bullish(Bearish below 5000)
Nifty Daily bullish(Bearish below 4969)
Nifty Hourly bullish(Bearish below 4988)
Trend Indicator
--------------------------------
Nifty Monthly Long above 5526(HEMA) and 5031(LEMA) (TREND UP ABOVE 5271)
Nifty Weekly Long above 5122(HEMA) and 4845(LEMA) (TREND UP ABOVE 5000)
Nifty Daily Long above 5007(HEMA) and 4901(LEMA) (TREND UP ABOVE 4969)
Nifty Hourly Long above 5000(HEMA) and 4968(LEMA) (TREND UP ABOVE 4988)
JNSAR
---------------------------------------
Nifty Weekly JNSAR 4954 -stay long
Nifty Daily JNSAR 4972 -stay long
Nifty Hourly JNSAR 4944 -stay long
Nifty Havala Level
-----------------------------------------------
4840 (August Closing)
Nifty Aggressive Trading
---------------------------------
Range 98 max 4916 min 5113
STOP LOSS 15-20 points only.
Support and Resistance
--------------------
4680-4784-4810-4865-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-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 4900
Resistance 5200
Trade Conclusion
--------------------------------
Only above 5060, maintain long position(Added filter of 60 points)
Nifty may face resistance at 4958-5010-5039-5060
Nifty may face support at 4914
Overall Trend remain down.
Below 4900 -> extremely bearish
Above 5060 -> bullish
No great signal today -> trade light or stay out
Stop-loss is an essential risk control mechanism and it should always be there.
Part booking help you to manage risk.
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
-----------------------------
Nifty Monthly Oversold (Bearish below 5271)
Nifty Weekly bullish(Bearish below 5000)
Nifty Daily bullish(Bearish below 4969)
Nifty Hourly bullish(Bearish below 4988)
Trend Indicator
--------------------------------
Nifty Monthly Long above 5526(HEMA) and 5031(LEMA) (TREND UP ABOVE 5271)
Nifty Weekly Long above 5122(HEMA) and 4845(LEMA) (TREND UP ABOVE 5000)
Nifty Daily Long above 5007(HEMA) and 4901(LEMA) (TREND UP ABOVE 4969)
Nifty Hourly Long above 5000(HEMA) and 4968(LEMA) (TREND UP ABOVE 4988)
JNSAR
---------------------------------------
Nifty Weekly JNSAR 4954 -stay long
Nifty Daily JNSAR 4972 -stay long
Nifty Hourly JNSAR 4944 -stay long
Nifty Havala Level
-----------------------------------------------
4840 (August Closing)
Nifty Aggressive Trading
---------------------------------
Range 98 max 4916 min 5113
STOP LOSS 15-20 points only.
Support and Resistance
--------------------
4680-4784-4810-4865-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-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 4900
Resistance 5200
Trade Conclusion
--------------------------------
Only above 5060, maintain long position(Added filter of 60 points)
Nifty may face resistance at 4958-5010-5039-5060
Nifty may face support at 4914
Overall Trend remain down.
Below 4900 -> extremely bearish
Above 5060 -> bullish
No great signal today -> trade light or stay out
Stop-loss is an essential risk control mechanism and it should always be there.
Part booking help you to manage risk.
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
Sep 28, 2011
Nifty Analysis And Bank Nifty Analysis For 29Sep2011
Indicator
-----------------------------
Nifty Monthly Oversold (Bearish below 5248)
Nifty Weekly Bearish (Bearish below 4977)
Nifty Daily Bearish (Bearish below 4946)
Nifty Hourly Bearish (Bearish below 4946)
Trend Indicator
--------------------------------
Nifty Monthly Long above 5526(HEMA) and 5031(LEMA) (TREND UP ABOVE 5248)
Nifty Weekly Long above 5113(HEMA) and 4845(LEMA) (TREND UP ABOVE 4977)
Nifty Daily Long above 4994(HEMA) and 4889(LEMA) (TREND UP ABOVE 4946)
Nifty Hourly Long above 4956(HEMA) and 4933(LEMA) (TREND UP ABOVE 4946)
JNSAR
---------------------------------------
Nifty Weekly JNSAR 5024 -stay short
Nifty Daily JNSAR 4972 -stay short
Nifty Hourly JNSAR 4953 -stay short
Nifty Havala Level
-----------------------------------------------
4840 (August Closing)
Nifty Aggressive Trading
---------------------------------
Range 93 max 4851 min 5038
STOP LOSS 15-20 points only.
Support and Resistance
--------------------
4680-4784-4810-4865-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-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 4900
Resistance 5000
Trade Conclusion
--------------------------------
Only above 5060, maintain long position(Added filter of 60 points)
Nifty may face resistance at 4958-5010-5039-5060
Nifty may face support at 4914
Overall Trend remain down.
Sideways market between 4900 and 5000 is expected with 4960 as pivot.Lets See.
As per Elliot wave and Fibonaaci possibility => Go Long near 4920 for target above 5006 max stoploss 4885 (trading 5.2.c wave)
Below 4885 ,reverse your trade -> chances are less no pattern indicating this move but anything can happen.
Expiry may happen in 4851-5038 range.(As per VIX range).
Stop-loss is an essential risk control mechanism and it should always be there.
Part booking help you to manage risk.
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
Sep 27, 2011
Nifty Analysis And Bank Nifty Analysis For 28Sep2011
Indicator
-----------------------------
Nifty Monthly Oversold (Bearish below 5256)
Nifty Weekly Bearish (Bearish below 4985)
Nifty Daily Bearish (Bearish below 4945)
Nifty Hourly Bearish (Bearish below 4956)
Trend Indicator
--------------------------------
Nifty Monthly Long above 5526(HEMA) and 5031(LEMA) (TREND UP ABOVE 5256)
Nifty Weekly Long above 5105(HEMA) and 4845(LEMA) (TREND UP ABOVE 4985)
Nifty Daily Long above 4988(HEMA) and 4889(LEMA) (TREND UP ABOVE 4945)
Nifty Hourly Long above 4964(HEMA) and 4941(LEMA) (TREND UP ABOVE 4956)
JNSAR
---------------------------------------
Nifty Weekly JNSAR 5024 -stay short
Nifty Daily JNSAR 5000 -stay short
Nifty Hourly JNSAR 4912 -stay long
Nifty Havala Level
-----------------------------------------------
4840 (August Closing)
Nifty Aggressive Trading
---------------------------------
Range 96 max 4874 min 5067
STOP LOSS 15-20 points only.
Support and Resistance
--------------------
4680-4784-4810-4865-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-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 4800/4900
Resistance 5000
Trade Conclusion
--------------------------------
Only above 5060, maintain long position(Added filter of 60 points)
Nifty may face resistance at 5010-5039-5060
Nifty may face support at 4958
Overall it looks like the pull back rally is on the verge of ending and downward waves may start anytime(either from 5010 or 5082).
Overall Trend remain down.
Fresh selling area is 5010 and 5082 with strict stoplosss for target near 4900
Sell between near 5000 stop loss 5010 ,Target 4900
if market move pass 5010 ,try another sell near 5080 stop loss 15 points only
Expiry may happen in 4900-5082 range.(As per Elliot Wave and Fibonacci).
Stop-loss is an essential risk control mechanism and it should always be there.
Part booking help you to manage risk.
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
Sep 26, 2011
Nifty Analysis And Bank Nifty Analysis For 27Sep2011
Indicator
-----------------------------
Nifty Monthly Oversold (Bearish below 5211)
Nifty Weekly Bearish (Bearish below 4940)
Nifty Daily Bearish (Bearish below 4932)
Nifty Hourly Bearish (Bearish below 4834)
Trend Indicator
--------------------------------
Nifty Monthly Long above 5526(HEMA) and 5031(LEMA) (TREND UP ABOVE 5211)
Nifty Weekly Long above 5070(HEMA) and 4845(LEMA) (TREND UP ABOVE 4940)
Nifty Daily Long above 4991(HEMA) and 4881(LEMA) (TREND UP ABOVE 4932)
Nifty Hourly Long above 4852(HEMA) and 4812(LEMA) (TREND UP ABOVE 4834)
JNSAR
---------------------------------------
Nifty Weekly JNSAR 5043 -stay short
Nifty Daily JNSAR 5046 -stay short
Nifty Hourly JNSAR 4836 -stay short
Nifty Havala Level
-----------------------------------------------
4840 (August Closing)
Nifty Aggressive Trading
---------------------------------
Range 85 max 4920 min 4750
STOP LOSS 15-20 points only.
Support and Resistance
--------------------
4680-4784-4810-4865-4951-(5006-5011)-5057-5114-5182-5225-5296-5350-5393-(5433-5460)-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 4800
Resistance 5000
Trade Conclusion
--------------------------------
Only above 5000, maintain long position .........
Nifty may face resistance at 4935-4950-5010
Nifty may face support at 4718 -4821
Below 4800 => Extremely bearish.Fresh selling zone around 4939 -4950
Overall Trend remain down.However,Pullback can happen around these levels for 4930-4950. Aggressive long can be taken with strict stoploss.Expiry may happen in 4800-4950 range.(As per Elliot Wave and Fibonacci).
Stop-loss is an essential risk control mechanism and it should always be there.
Part booking help you to manage risk.
Hope that helps .Take care .Have a happy trading.
Bank Nifty Analysis on http://tradeinbankonly.blogspot.com
Subscribe to:
Posts (Atom)