Nifty Analysis for 5thApril2011

Nifty Weekly will be in buy mode above 5769.
Nifty Daily  will be in buy mode above 5836.
Till then we are in uptrend.




Other activities show up  move ahead
Long Build Up =>Nifty Open Interest for April stands at 2,70,04,600 up by 23,24,400 with increase in price 
Bullish =>  unwinding seen @  5200-5900 CE ,Addition in 6000 CE
Bullish=>  put  writing  seen at @ 5400PE to 6200 PE


As per volume profile ,5826 and 5790 are two important support for Nifty.


Nifty daily and weekly both r in buy mode.
Nifty monthly will be in buy mode above 5918.


STAY LONG => IF 5840 IS PROTECTED  


Alternate view is to short nifty near 5930 to 5965 level with  strict stop loss of 10/15 points (Against the trend)


VOLUME PROFILE
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(5437-5437)-(5444-5466)-(5475-5494)-(5513-5532)-5570-5600-(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.


Nifty Expiry
--------------------------------------------------------------------------------------------------------------------------------
Expiry Date,NIFTY Index Value,Change in NIFTY value compared to previous close,% change in NIFTY value compared to previous  close
29-Apr-10,5254.15,38.7,0.74%
27-May-10,5003.1,85.7,1.74%
24-Jun-10,5320.6,-2.55,-0.05%
29-Jul-10,5408.9,11.35,0.21%
26-Aug-10,5477.9,15.55,0.28%
30-Sep-10,6029.95,38.65,0.65%
28-Oct-10,5987.7,-24.95,-0.41%
25-Nov-10,5799.75,-66,-1.13%
30-Dec-10,6101.85,41.5,0.68%
27-Jan-11,5604.3,-83.1,-1.46%
24-Feb-11,5262.7,-174.65,-3.21%
31-Mar-11,5833.75,46.1,0.80%



Nifty Trading Method 1 (STAY WITH MAIN TREND)
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STAY LONG IF 5769 IS PROTECTED.




Nifty Trading Method 2 (Aggresive-Volatility Breakout)
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VOLATILITY :37
MIN :5870
MAX :5946




GO LONG ABOVE  5946   STOPLOSS (10 point or 15% of VOLATILITY)
GO SHORT BELOW 5870   STOPLOSS (10 point or 15% of VOLATILITY)


Nifty Trading Method 3 (J10-SAR)
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SAR  5722

Nifty Analysis for 28thMarch2011

Nifty Weekly will be in buy mode above 5605.
Nifty Daily  will be in buy mode above 5548.
Till then we are in uptrend.


Other activities show up  move ahead
Long Build Up =>Nifty Open Interest for March stands at 1,85,07,750 up by 1,47,850 with increase in price 
Bullish =>  unwinding seen @  5400-5700 CE ,Addition in 5800 CE
Bullish=>  put  writing  seen at @ 5400PE,5500PE,5600PE,5700PE


Nifty Daily and weekly ,Both r in Buy Mode => GO Long 
Buy on Dips if 5605 is protected.


Alternate view is to short nifty near 5700 with  strict stop loss of 10/15 points.

VOLUME PROFILE
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(5437-5437)-(5444-5466)-(5475-5494)-(5513-5532)-5570-5600-(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
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5ema   5465
13ema  5458
21ema  5463
34ema  5491
55ema  5552
89ema  5619
144ema 5635
233ema 5563


Market profile
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VAH - 5676, POC - 5634, VAL - 5592



Volume Weighted Average Price (VWAP)
--------------------------------------
5628


PREVIOUS MONTH NIFTY EXPIRY
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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/)
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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)
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9th March  NIFTY :MIN  5582 MAX 5726 RANGE 72


Daily and weekly level
--------------------------------------------------
NIFTY WEEKLY =>ABOVE  5605(BUY)
NIFTY DAILY  =>ABOVE  5548(BUY)

Open Interest Study
-------------------------------------------------
As of now ,
Strong Support   @5400-5300
Strong Resistane @5600-5700