Saturday, October 6, 2012
Thursday, October 4, 2012
NIFTY FUTURE - SBI - RELCAP TRADING STRATEGIES FOR 05/10/12
Successful traders have a simple system. No matter which technique you use as long as you stick to it. A Successful trader knows only their own techniques and makes trades based ONLY on this system. "The secret to being a winner is consistency of purpose". Use the same strategies to enter the market and to exit the market and you'll always know what your getting. A successful trader knows the difference between defensive and offensive behavior, and when to use each. - protect your money first, profit later.
LAST CLOSE @ 5826
TRADING ABOVE 5826
INTRADAY TARGET 5842 - 5859 - 5870
STRONG RESISTANCE AROUND 5885- 5890
TRADING BELOW 5820
TARGET 5795
STRONG SUPPORT AROUND 5785 -5795
SUPPOSE BREAK AND SUSTAIN BELOW 5780
WILL TAKE TO 5760 NOT RULED OUT IN INTRA
THREE DAYS CLOSING + WEEKLY CLOSING ABOVE 5775
ULTIMATE TARGET 5885 AND 5910 NOT RULED OUT
IN COMING DAYS
(DON'T FORGET THIS LINE)
LAST CLOSE @ 2346
IF BULLS CAN TRADE AND SUSTAIN ABOVE 2350
INTRADAY TARGET 2378- 2383 - 2395
EXPECT PROFIT BOOKING AROUND 2385- 2395 LEVELS
STRONG SUPPORT AROUND 2300
YESTERDAY WE HAD WRITTEN
TWO DAYS CLOSING + WEEKLY CLOSING ABOVE 2305
ULTIMATE TARGET FOR BULLS
2355 - 2400- 2450 IN COMING DAYS
LAST CLOSE @ 453
RESISTANCE @ 462 - 470- 480
SUPPORT @ 448- 444 - 442
Wednesday, October 3, 2012
NIFTY FUTURE - SBI - RELCAP ANALYSIS FOR 04/10/12
TAKE A LOSS WHERE NECESSARY : Knowing when to take a loss
is the most important lesson any day trader ever learns. If you keep your
losses small, you can come back to fight another day. As long as you control
the loss in a calm, professional way, keeping it within the limits you have set
for your money management strategy, it is STILL a good trade!
LAST CLOSE @ 5768
STIFF RESISTANCE AROUND 5785----- 5795 LEVELS
STRONG SUPPORT @ 5635----- - 56345 LEVELS
IMMEDIATE RESISTANCE @ 5775
TRADING ABOVE 5775
INDICATING BULLS IN POWER
TARGET FOR BULLS IN INTRADAY
5795---------5818------- - 5825
MINOR RESISTANCE AROUND 5780- 5785 LEVELS
SUPPOSE TRADING BELOW 5760
WILL TAKE TO 5740------ 5735--------- - 5725 LEVELS NOT RULED OUT IN INTRA
THREE DAYS CLOSING + WEEKLY CLOSING ABOVE 5775
ULTIMATE TARGET 5885 AND 5910 NOT RULED OUT
IN COMING DAYS
THREE DAYS CLOSING + WEEKLY CLOSING BELOW 5750
TARGET FOR BEARS
5690------- 5650---------- 5625 NOT RULED OUT
STRONG SUPPORT @ 5625 (CLOSING BASIS)
LAST CLOSE @ 2297
STRONG SUPPORT @ 2280
PRICE TRADING ABOVE 2305 FAVOUR BULLS ONLY
CAN EXPECT FIRE WORKS UPTO
2325 - 2350 - 2375 NOT RULED OUT IN INTRA
TWO DAYS CLOSING + WEEKLY CLOSING ABOVE 2305
ULTIMATE TARGET FOR BULLS
2355 - 2400- 2450 IN COMING DAYS
KEEP AN EYE @ 2280
BELIEVE IT OR NOT
LAST CLOSE @ 444
IMMEDIATE RESISTANCE @ 453
STRONG SUPPORT @ 435- 430
IF BULLS CAN SUSTAIN ABOVE 444
INTRADAY TARGET FOR BULLS
453- 460
THEREAFTER 470
ULTIMATE TARGET 500 OR 550 ???
JUST WAIT AND SEE
Subject To Disclaimer
Tuesday, October 2, 2012
NIFTY FUTURE - ICICI - AXIS - RELCAP AND RELINFRA TRADING STRATEGIES FOR 03/10/12
As a trader , losses are part of our business. You can’t
avoid them . However , there’s a huge
difference between losing big on a regular basis and losing small in controlled
trading paln . If u can’t accept that fact , you simply shouldn’t trade.If you need to succeed with trading , then you MUST invest
both time and money to acquire the knowledge that you need , the discipline to follow your
trading strategy and the patience to
wait for the “ perfect Trade “
LAST CLOSE @ 5754
STIFF RESISTANCE AROUND 5785----- 5795 LEVELS
STRONG SUPPORT @ 5635----- - 56345 LEVELS
IMMEDIATE RESISTANCE @ 5766
TRADING ABOVE 5766
INDICATING BULLS IN POWER
TARGET FOR BULLS IN INTRADAY
5795.....?????
MINOR RESISTANCE @ 5780- 5785 LEVELS
SUPPOSE TRADING BELOW 5755
WILL TAKE TO 5735------ 5727--------- - 5710 LEVELS NOT RULED OUT IN INTRA
THREE DAYS CLOSING + WEEKLY CLOSING ABOVE 5775
ULTIMATE TARGET 5885 AND 5910 NOT RULED OUT
IN COMING DAYS
THREE DAYS CLOSING + WEEKLY CLOSING BELOW 5750
TARGET FOR BEARS
5690------- 5650---------- 5625 NOT RULED OUT
STRONG SUPPORT @ 5625 (CLOSING BASIS)
LAST CLOSE @ 1051
STRONG SUPPORT @ 1040
TRADING ABOVE 1050
SEE RALLY UPTO 1061 AND 1072
STRONG RESISTANCE @ 1086
TRADING BELOW 1040
TARGET 1030 --------- 1020
LAST CLOSE @ 1131
RESISTANCE @ 1143-------1150
STRONG SUPPORT AROUND 1117 ------- 1120 LEVELS
LAST CLOSE @ 444
TRADING ABOVE 444
SEE SHARP RALLY UPTO 460 - 470 NOT RULED OUT IN INTRA
IMMEDIATE SUPPORT @ 442 AND 435 LEVELS
LAST CLOSE @ 553
IN INTRADAY TRADING ABOVE 555
WILL TAKE TO 562 AND 570 NOT RULED OUT
SUPPORT @ 543 --------- 535
Sunday, September 30, 2012
NIFTY FUTURE - SBI -ICICI - AXIS - RELCAP ANALYSIS FOR 01/10/12
DON'T CHASE THE MARKET. If you are slow, and miss a day trade that suddenly looks like it would have made you a fortune, do NOT panic and try to jump in late - you will almost certainly be buying the top or selling the bottom. Remember that the market will be there tomorrow, and the day after, and for ever, so ANY trade, no matter how important it looks, can be ignored if necessary. Keeping your powder dry, and being ready for the next one, is more important than hitting every day trading opportunity you see. Many successful day traders only trade for a few hours a day - they miss plenty of action but don't care, because they know the market will be around when they come back.
LAST CLOSE @ 5730
THE SHORT TERM TECHNICAL PICTURE IS STILL BULLISH.
FOLLOW BUY ON DIPS STRATEGY
A BREAKDOWN BELOW 5630 WILL SIGNAL THAT THE UPTREND IS FINISHED AND ALSO A MOVE ABOVE 5770 SIGNAL CONTINUATION OF UPMOVE
MAIN SUPPORT AROUND @ 5640---------- 5630 LEVELS
MAIN RESISTANCE AROUND @ 5780--------- 5790 LEVELS
IF PRICE CAN TRADE AND SUSTAIN ABOVE 5735 WITH VOLUME FOR 10- 20 MINUTES
THEN BULLS TRY TO KISS
5766 ------ 5780 ------- 5785- -----5790
TRADE BELOW 5730
SEE NON STOP FALL UPTO
5708 -------- 5700
THEREAFTER
5678 AND 5670 WILL ACT AS SUPPORT
LAST CLOSE @ 2241
MAIN SUPPORT @ 2170- 2155
MAIN RESISTANCE @ 2285- 2300
INTRADAY VIEW
TRADING BELOW 2240...INDICATING WEAKNESS
SEE SLIDE UPTO 2225 - 2215
INTRADAY RESISTANCE @
2252 ------- 2265- -------2278
LAST CLOSE @ 1059
MAIN SUPPORT @ 1050 AND 1030
MAIN RESISTANCE @ 1085 AND 1090
INTRADAY VIEW
SUPPORT @ 1050 AND 1041
INTRADAY RESISTANCE
@
1072 AND 1080
LAST CLOSE @ 431.50
SUPPORT @ 420- ---------423 LEVELS
STIFF RESISTANCE AROUND 445
LAST CLOSE @ 1136
INTRADAY SUPPORT @ 1130 - 1120
STRONG SUPPORT @ 1120
RESISTANCE AROUND 1150 AND 1160
Subject To Disclaimer
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