NIFTY ENTERING SELLING ZONE

Nifty is entering selling zone.Only a close above 78.6% fibonacci level @ 5217,nifty will be highly bullish and can move towards 5427,5642.If we see the past history from 05/11/2010 to 07/12/2011,Nifty has never closed above 78.6% fibonacci .All falls started between 61.8% and 78.6%.Will history repeat this time too.Only time will tell.
I will update all the previous charts tommorrow.

NIFTY FUTURE INTRADAY LEVELS FOR 25/01/2012

Long only above 5145 for target 5159,other targets are 5169(T1),5183(T2),5207(T3),keep a stoploss of 20 points.

And

Short only below 5096 for target 5081,other targets are 5071(T1),4057(T2),5033(T3),keep a stoploss of 20 points.

UPPER POINT-5171

LOWER POINT-5070

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .        

NIFTY TARGET ACHEIVED 5100

Nifty acheived target of 5100 in STYLE,given on 9th january 2012(see blog archive).Intraday all targets acheived in nifty future ,profit of 60 points.(5075 to 5136).

NIFTY FUTURE INTRADAY LEVELS FOR 24/01/2012

Long only above 5075 for target 5089,other targets are 5099(T1),5112(T2),5136(T3),keep a stoploss of 20 points.

And

Short only below 5027 for target 5013,other targets are 5003(T1),4989(T2),4966(T3),keep a stoploss of 20 points.

UPPER POINT-5066

LOWER POINT-5037

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .        

NIFTY FUTURE INTRADAY LEVELS FOR 23/01/2012

Long only above 5073 for target 5087,other targets are 5097(T1),5111(T2),5135(T3),keep a stoploss of 20 points.

And

Short only below 5023 for target 5008,other targets are 4998(T1),4984(T2),4959(T3),keep a stoploss of 20 points.

UPPER POINT-5077

LOWER POINT-5018

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .  

 In these levels as Buy above and Upper Point has a difference of 4 points,so Buy only above Upper point 5077 and vice versa ,Short below and Lower point has a difference of 5 points,so Short only below Lower Point 5018.     

Nifty has given a retracement of 61.8% fibonacci  for 5399-4531 level.Nifty has multiple resistance @ golden ratio 61.8% 5068,trend line @ 5100,5170 and falling wedge @ 5200 zones.Nifty has left 4 gaps @ 4646,4759,4881 and 4981.Each and every gap has to be filled,no if and but.Stay cautious and trade with strict stoploss.

NIFTY GAPS

Finally nifty spot filled GAP @ 4921(see blog archive below,newsletter dated 13 december 2011).Stay cautious @ higher levels as nifty has left 3 gaps on the downside.Trade with very very strict stop-loss.

NIFTY ,ICICI BANK ,TATA STEEL FUTURE INTRADAY PIVOTS FOR 18/01/2012

NIFTY FUTURE

4901a,4934b,4948c,4977d,5006e,5024f,5053g.

ICICI BANK FUTURE

770a,777.20b,781.60c,789d,791.25e,795.80f,800.20g,807h.

TATA STEEL FUTURE

427a,431.60b,436.25c,442d,447.45e,451f,456.65g.

The rule is simple

1.BUY above our PIVOT price targets of  a,b,c,d,e,f,g,h,I,j,k,l,m,n,o. with respective stoploss or SAR.
2.SELL below our  PIVOT price targets of o,n,m,l,k,j,I,h,g,f,e,d,c,b,a with respective stop loss or SAR.
3.  Always protect your profit with the help of a'TRAILING STOP'.That is when the price is moving in your favour keep changing-keep increasing/decreasing your stop-loss levels so that you protect your profit and do not get out of your favouring position prematurely.You do not take early exit and stay with the trend almost till the end.

NIFTY FUTURE INTRADAY LEVELS FOR 16/1/2012

Long only above 4903 for target 4918,other targets are 4929(T1),4943(T2),4968(T3),keep a stoploss of 20 points.

And

Short only below 4853 for target 4837,other targets are 4827(T1),4812(T2),4787(T3),keep a stoploss of 20 points.

UPPER POINT-4915

LOWER POINT-4841

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .        

NIFTY FUTURE INTRADAY LEVELS FOR 13/1/2012

Long only above 4878 for target 4893,other targets are 4905(T1),4919(T2),4944(T3),keep a stoploss of 20 points.

And

Short only below 4826 for target 4810,other targets are 4799(T1),4785(T2),4759(T3),keep a stoploss of 20 points.

UPPER POINT-4889

LOWER POINT-4817

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .   

  

In these levels as Buy above and Upper Point has a difference of 11 points,so Buy only above Upper point 4889 and vice versa ,Short below and Lower point has a difference of 9 points,so Short only below Lower Point 4817.

See the perfection of our calculation

Today so many traders,who do not have a proper trading plan to execute trades have lost huge amount of money by going long after iip data in the morning,but readers of our blog were not stuck with fiercy operator moves,we trade only if nifty future reaches our level,that is discipline.Today nifty futures data,HIGH-4888,LOW-4818.25,CLOSE-4852.20.
From 4845 to 4818(T1),Profit of 27 points,no software nothing.Trade with open eyes and levels only.Plan your trade and trade your plan.Also mentioned T1,T2 are possible reversal points.Exact reversal from 4818(T1).
         Learn nifty trading course and trade on your own like a professional trader.

DLF FALLING WEDGE RESISTANCE

DLF has a falling wedge resistance,only a breakout above resistance on closing basis we may see a upmove otherwise some more correctiom.Buy DLF if closes above 194.50,for target of 205.

WOW--------NIFTY FUTURE FROM 4635 TO 4879

Just check Nifty future yearly pivots given on 1/1/2012 in blog archive(New year free gift from tradethepivot.blogspot.com).Nifty future closed @ 4648.10 on 2/1/2012 and on 11/1/2012  achieved 4879,profit of 231 points in just 9 trading sessions.No software nothing,just manual mathematical calculations.Trade with levels,nothing else.
                      Now u know next target for nifty future,if closes above 4879 next target 5030.If not able to achieve 5030 and closes back below 4879,then SAR(STOP AND REVERSE) with stoploss of 0.50% from the pivot,target 4635.


Note-Closing price is very important for yearly pivots.
              

NIFTY FUTURE INTRADAY LEVELS FOR 12/1/2012

Long only above 4899 for target 4915,other targets are 4926(T1),4941(T2),4967(T3),keep a stoploss of 20 points.

And

Short only below 4845 for target 4829,other targets are 4818(T1),4803(T2),4776(T3),keep a stoploss of 20 points.

UPPER POINT-4914.35

LOWER POINT-4830.35

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points.

 Today market was sideways and whole day traded between our buy and sell levels.No trade initiated as nifty future was not able to cross any levels.      

NIFTY FUTURE INTRADAY LEVELS FOR 11/1/2012

Long only above 4898 for target 4914 ,other targets are 4926(T1),4941(T2),4968(T3),keep a stoploss of 20 points.

And

Short only below 4843 for target 4826,other targets are 4815(T1),4799(T2),4772(T3),keep a stoploss of 20 points.

UPPER POINT-4919

LOWER POINT-4822

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points         

WOW...........ICICI BANK TARGET ACHEIVED 770

Recommended to buy @ 726 on 3/1/12(see newsletter in blog archive dated 3/1/12 below),acheived target 770,profit of Rs.44.

NIFTY SPOT RESISTANCE @ 4800

Nifty spot has a resistance @ 4800,only a close above 4800 can take nifty towards 5100.

TATA ELXSI 1ST TARGET 198 ACHEIVED .

Greattttttttttt profits,Who told u cannot earn from stock market.Tata elxsi given buy @ 188 on 6/1/2012 reached 1st target of 198 and made high of 201 in just  2 trading sessions.Today market was down whole day and see tata elxsi a rise of 4.48% intraday,is it magic,no it is the power of charts.Again repeating only CHART IS KING.Tata elxsi has a trendline resistance of 220 and 230,if closes above golden ratio fibonacci of 61.8% (236) for 2 trading sessions,it can spurt upto 280.

PRFORMANCE PROOF OF 5/1/2012 AND 6/1/2012

See this is the proof of our performance on 5th and 6th january 2012,watch the date on the right hand side marked ,watch the timings (marked) and price sold (S) and bought back(B).Some things had been edited for technical reasons.What more u want than this??.We are the only blogspot in india showing performance proof.Happy trading.

GREATTTTTTTTT PROFIT 35 POINTS intraday.

Time is still 10.40 and we have booked profit of 35 points.Nifty future sold @ 4745,booked profit @ 4710.70.Will show proof of this trade too.

PERFORMANCE OF 5/1/2012

NIFTY FUTURE SOLD @ 4784.60,BOOKED PROFIT @ 4757.90,PROFIT OF 27 POINTS.Will show you proof tommorrow.


Note-According to nifty future trading levels given yesterday it was buy above 4791,but nifty future never traded above 4791 and todays high of 4791.85 was just a flash.So we did not enter buy position.According to nifty future trading course strategy when price hits upper point and comes down 10 points,we have to short with stoploss of 4791(upper point),and profits for this strategy is 25 points,and tgt acheived 4756.

NIFTY TARGET 4921

NIFTY HAS GIVEN A TRENDLINE BREAKOUT ON THE UPSIDE AND HAS A MINOR RESISTANCE @ 4800,4850 ABOVE THESE LEVELS TARGET IS 4921.TODAYS LOW OF 4728 IS A GOOD SUPPORT FOR NIFTY.EVERY DIP IS A BUYING OPPORTUNITY AS LONG AS NIFTY IS TRADING ABOVE 4635.

NIFTY FUTURE TRADING TIPS FOR 5/1/2012

Nifty  Future        
Long only above 4789 for target 4806 other targets are 4818(T1),4834(T2),4862(T3), keep a stoploss of  15 points.      
And           
Short only below  4732 for target 4714 other targets are 4703(T1),4686T2),4658(T3), keep a stoploss of  15 points. 

T1,T2 are also possible reversal points.   

UPPER POINT-4791,LOWER POINT-4729.

NOTE-In thes levels as buy above and upper point has a  difference of 2 points,so buy above upper point 4791, and vice versa, sell below and lower point has  a difference of 3 points,so sell below 4729.Place a stoploss of 15 points and as the trade goes in your favour keep trialing stoploss.

NIFTY FUTURE LEVELS FOR 4/1/2012

Nifty  Future        
Long only above 4813 for target 4830 other targets are 4842(T1),4859(T2),4888(T3), keep a stoploss of 10 or 15 points.      
And           
Short only below  4754 for target 4736 other targets are 4724(T1),4707(T2),4678(T3), keep a stoploss of 10 or 15 points. 

  

UPPER POINT-4840 LOWER POINT-4726

(Upper point is strong resistance and lower point is strong support.)

Note-I have received plenty of emails regarding nifty trading course,some of them have expressed plenty of doubts regarding the course.So,who all have sent mails check the blog daily,i will give trial of the same nifty future levels which will be taught in the course for next 7 days.You check its accuracy on your own.If u feel good then only join.

ICICI BANK DAILY CHART

ICICI BANK has given a trendline breakout on the daily chart,one can buy this stock with stoploss of 705 (spot level) for a target of 770(spot price).

NIFTY FUTURE TRADING LEVELS FOR 3/1/2012

BUY ABOVE 4656,STOP-LOSS 4634,TGT-4673,4688,4712.

NIFTY FUTURE YEARLY PIVOTS FOR 2012

NIFTY FUTURE YEARLY PIVOTS
2963a,3356b,3602c,3799d,3996e,4240f,4391g,4635h,4879i,5030j,5274k,5399L,5668m,5912n,6307(o).

1.BUY above our PIVOT price targets of  a,b,c,d,e,f,g,h,I,j,k,l,m,n,o. with respective stoploss or SAR.
2.SELL below our  PIVOT price targets of o,n,m,l,k,j,I,h,g,f,e,d,c,b,a with respective stop loss or SAR.
3.  Always protect your profit with the help of a 'TRAILING STOP'.That is when the price is moving in your favour keep changing-keep increasing/decreasing your stop-loss levels so that you protect your profit and do not get out of your favouring position prematurely.You do not take early exit and stay with the trend almost till the end.  NOTE- Stop Loss/SAR should be between 1% for Nifty.
SAR-STOPLOSS AND REVERSE THE POSITION (SAR OF  0.50% )