Sunday, October 7, 2012
NIFTY FUTURE - INFOSYS - TCS - ICICI TATA MOTORS TRADING STRATEGIES FOR 08/10/12
Develop the necessary mental skills to trade well. . Spend time learning how to stay focused on the present moment. Learn how to 'mentally park' losses and trading errors. Learn how to let winning trades run and cut losing trades short. These are all crucial mental skills that are not found in reading the MACD or price bars.Trading is a tough business with lots of
adversity. If you haven't got a clear sense of what you are all about in your trading, you
will find trading very difficult.
LAST CLOSE @ 5776
IN INTRADAY TRADING BELOW 5780
SIGNALLING BEARS IN CONTROL
BEARS MAY TRY TO EXTENT THE FALL UPTO
5765- 5760
STRONG SUPPORT AROUND 5765- 5760 LEVELS IN INTRA
SUPPOSE BREAK BELOW 5760 AND TRADE 15- 20 MINUTES WITH VOLUME
SEE PANIC FALL UPTO 5740- 5735 LEVELS NOT RULED OUT IN INTRA
TRADING ABOVE 5780
BULLS TRY TO HIT 5840 IN INTRA ????
MINOR RESISTANCE @ 5790 AND 5825
LAST CLOSE @ 2526
TRADING BELOW 2525
SEE SHARP FALL UPTO 2483 - 2450 - 2430
IN COMING DAYS
RESISTANCE @ 2555 - 2565
LAST CLOSE @ 1304
IF TRADING REMAIN BELOW 1300
BEARS TRY TO HIT
1276 -----------1270- --------1260
IN INTRA ITSELF OR IN COMING DAYS
RESISTANCE @ 1325 AND 1340
LAST CLOSE @ 1067
DARK CLOUD COVER PATTERN FORMED IN DAILY CHART
MAJOR BEARISH REVERSAL PATTERN
INTRADAY RESISTANCE @ 1087---------1093------------1100
INTRADAY SUPPORT @ 1057---------1046---------------1041
STRONG SUPPORT AROUND 1030- 1020 LEVELS
LAST CLOSE @ 281
TRADING AND STAYING ABOVE 280 INDICATING BULLS IN POWER
WILL TRY TO HIT 288- 290 - 295 IN INTRA
STRONG SUPPORT AROUND @ 267- 270 LEVELS
Subject To Disclaimer
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
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