CHART IS KINGGGGGGGGGGGGGG

Yesterday written if nifty trades below 4700,SELL IN TONS.Is it magic?? no, it is the power of charts.Only chart is  KING.Forget world markets,inflation,iip data,fiis and everything,trade only with LEVELS.
         Now if u say.....u are not able to mint money,cant send money order.
Next support for nifty is @ 4544.Previous support now becomes a strong resistance.

Today Nifty had given a close exactly on the support line,if manages to hold support line,then good for bulls.If nifty spot trades below 4700 tommorrow,then sell in tons.Exit all your longs if nifty spot trades below 4700.

PERFORMANCE OF 22/12/2011

NIFTY FUTURE BOUGHT @ 4670 ,SOLD @ 4700,PROFIT 30 POINTS.

CONTRACT NOTE OF 4700PE BOUGHT 5 LOTS ON 21/12/2011

Proof of 5 LOTS 4700 PUT BOUGHT ON 21/12/2011 @ 65.50.

CONTRACT NOTE PROOF

See the proof of yesterdays trade,have u seen anybody in india showing proof of their performance like us???

Nifty future target acheived 4660.Yesterday we had bought 4700 put @ 65.50,today booked profits @ 87.40,profit of 21.50 points.Will show proof of this too.

NIFTY FUTURE TRADING TIPS FOR 22/12/2011

If nifty future trades below 4710 tommorrow,short with a stoploss of 4725,target 4660

BOOKED PROFIT 21 POINTS

SHORTED NIFTY FUTURE @ 4636 ,BOOKED PROFITS @ 4615. DAY LOW IS 4613.60 AND WE HAVE COVERED SHORTS @ 4615,WILL SHOW YOU PROOF TOMMORROW

NIFTY FUTURE WEEKLY SWING TRADING TIPS LAST TRIAL

BUY ABOVE-4742,STOPLOSS-4710,TGT-4792,4842.
SELL BELOW-4545,STOPLOSS-4573,TGT-4495,4445.

Note-Trade with strict stoploss,if hits stoploss and again trades above stoploss, buy again with same stoploss.Example-if nifty went above 4742 and u are holding long position with stoploss of 4710,next day nifty hits stoploss of 4710 makes low of  4695 and comes back above 4710,then buy with same stoploss of 4710.Again our target is same 4792,4842.Vice versa for short positions too.These levels are valid only till friday or if stoploss or targets hit.

GAP OF ALL TIMES

GAP @ 12219.50 CREATED ON 18th MAY,2009 IN SENSEX AND 3761 IN NIFTY ,HAS TO BE FILLED.Dont expect these levels to meet in one day or one week or one month,but definately these levels will be filled and has to be filled,no if and but.Dont buy any stock for delivery until these gaps get filled.Stay cautious.

As mentioned in the below post,we have uploaded contract note,see this is real proof of our performance.What more u want than this??

BOOKED PROFIT 33 POINTS

Now time is still 10.19 and we have booked 33 points profit.SHORT @ 4726 AND BOOKED @ 4693.I will show you proof (contract note) of one of my clients for you tommorrow.
                 Just see below, our post on 11 december,Nifty future weekly levels,below 4803 and with stoploss of 4834,how many points you would have earned this week.(Target 4703 acheived,profit 100 points).






                  

NIFTY FUTURE PIVOTS FOR 15/12/2011

4667a,4704b,4727c,4764d,4788e,4801e,4824f.
Buy above a,b,c,d,e,f and sell below f,e,d,c,b,a with respective stoploss of the pivots.

NIFTY SPOT GAP @ 4921.Any gap big or small,has to be filled.Nifty futures if trades above 4833 tommorrow,then no worry at all,bulls will have upper hand.

You know i say just what i think,and nothing more and less.I cannot say one thing and mean another-Henry Wadsworth Longfellow

Just check our sincerity and truth,yesterday when we were updating blog,sgx nifty was already trading @ 4710,still we knew today it will open gap down we wrote we had booked our profits @ 4766 and dont have any open position.When all the blue channels and pink papers were giving scary downside targets only we wrote nifty future has high chances of moving upto 4850 and 4875.Nifty future made a high of 4839.70 and missed our target by only 10 points.Today one of my close friend who is No.1 tips provider in  india (cannot mention his name) called me @ 9 am and laughed at me for writing about intraday gaps left @ 4850 and 4875 and told today it will go down below4680.I told him only 1 thing ,i have written the truth and one should hav guts to write truth,whoever laughs i am least bothered about that,i will write only what i know.By this we can know only and only,market is supreme and no analyst or anybody is above market.

Nifty Future Intraday Levels For 13/12/2011

Nifty  Future        
Long only above 4805 for target 4824 other targets are 4837(T1),4854(T2),4885(T3), keep a stoploss of 10 or 15 points.      
And           
Short only below  4742 for target 4723 other targets are 4710(T1),4692(T2),4661(T3), keep a stoploss of 10 or 15 points.  

UPPER POINT-4850,LOWER POINT-4697.

NOTE-Upper point is strong resistance and lower point is strong support for nifty future.T1,T2 are also possible reversal points.

  

BOOKED ALL PROFITS @ 4766,PROFIT 37 POINTS.


NOTE-WE HAVE BOOKED ALL PROFITS AND WE DONT HAVE ANY OPEN POSITION AS NIFTY FUTURE HAD LEFT  INTRADAY GAP @ 4850 AND 4875 IN 5 MINUTE CHART.There are high chances of it filling tommorrow.

NIFTY FUTURE WEEKLY LEVELS

BUY ABOVE 4969,SL 4938,TGT-5019,5069.
SELL BELOW 4803,SL 4834,TGT-4753,4703.


(Book profits wherever you are comfortable)

Note-Trade with strict stoploss,if hits stoploss and again trades above stoploss, buy again with same stoploss.Example-if nifty went above 4969 and u are holding long position with stoploss of 4938,next day nifty hits stoploss of 4938 makes low of  4920 and comes back above 4969,then buy with same stoploss of 4938.Again our target is same 5019,5069.Vice versa for short positions too.These levels are valid only till friday or if stoploss or targets hit.

ENJOY THIS VIDEO

THOUGHT FOR THE DAY

Excellence has no finishing line....
                 There is always a better way.

GREATTTTTTTTTTTTTT PROFITS

NIFTY FUTURE SHORT ALL PROFIT BOOKED @ 4873,PROFIT OF 120 POINTS IN A SINGLE TRADE,WHAT ELSE YOU WANT IN LIFE??

TRADE FOR THIS WEEK

NIFTY FUTURE SHORT POSITION TAKEN @ 4993 WITH STOP LOSS OF 5025 ON 8/12/2011.(POSITION OPEN).

NIFTY GAP

NIFTY GAP @ 4852 TO BE FILLED

GOLDEN RATIO RESISTANCE

(CLICK ON CHART TO ENLARGE)
Golden ratio of 61.8% fibonacci level (5108) is a possible resistance for nifty.