NIFTY FUTURE INTRADAY LEVELS FOR 01/06/2012

No trade between 4946 and 4897(to avoid whipsaws)


Buy above 4946 with SL of 4920
Sell below 4897 with SL of 4923


Note-Those who bought option pair yesterday hold till i tell to exit.No new positons should be taken in this pair  
becoz option strategy changes every day.

OPTION PAIR STRATEGY

BUY JULY 5100 CE AND JULY 4700 PE


Total investment rs.190 per pair


Note-Dont get confused its July not june contracts.

CHART IS KINGGGGGGGGGGGGGG

Sensex down 167 points and see Hindalco made a high of 120.15.1ST Target hit 119,Told to buy @ 113.50 with SL of 111,what else u want in Life...............???
          Still if u tell,not able to earn.........cannot send money order.

Nifty Future Intraday Levels for 31/05/2012

No trade between 4953 and 4913(to avoid whipsaws).


Buy above 4953 with SL of 4931
Sell below 4913 with SL of 4935


Note-Tommorrow watch blog @ 3 pm,for positional option pair trading call.

Nifty shut shop today @ 4950.75 and closed below 20 SMA 4955,which is technically bearish.Nifty has rising wedge support and 5 low ema support @ 4920.One can buy Nifty around 4920 with SL of 4900.If Nifty closes below 4920,close all long positions.A close below 4920 Nifty can fall to next support around 4830 levels.(SPOT LEVELS).

NIFTY FUTURE INTRADAY LEVELS FOR 30/05/2012

No trade between 5005 and 4959(to avoid whipsaws)
Buy above 5005 with SL of 4980
Sell below 4959 with SL of 4985

BUY BUY BUY HINDALCO

Hindalco has given a trendline breakout and closed above 20SMA.Force Index is turning positive after several months and RSI is showing positive divergence.Buy Hindalco @ CMP 113.50,with strict SL of 111 for targets of 119-128-135-142.(SPOT LEVELS)

NIFTY SUPPORT AND RESISTANCE

As mentioned in the post (wednesday ,16 May 2012),4800 provided good support for Nifty and also indicated of a dead cat bounce,just see Nifty has moved up 200 points from low of 4789.
Nifty has managed to close above 20SMA @ 4982 .As long as Nifty spot not closes below 4952, our mantra is buy on every dip .It should sustain above 20 SMA for further upmove.Immediate resistance for bulls @ 200 SMA 5070,if Nifty manages to close above 200 SMA,Bulls will take full control and can take Nifty towards 6000.


NIFTY SUPPORT
4910
4800


NIFTY RESISTANCE
5030-Trendline
200SMA @ 5070
50SMA @ 5146
FALLING WEDGE

Nifty Future Intraday Levels For 25/05/2012

No trade between 4931 and 4895 (to avoid whipsaws)


Buy above 4931 with SL of 4911
Sell below 4895 with SL of 4915

WOW WHAT A STOPLOSSSSSSSSS

Wow what a Stoploss,todays nifty future low 4812.20 and our SL 4812.
Nifty Future all targetsssssssssssss hit.Profit of 70 points Intraday.Do u still need any tips provider.


What else u want in Life........................???.
I have written so many times ,Trade what u see not what u think.All the blue channels and pink papers were giving scary downside targets becoz of petrol hike and falling rupee.Then y markets did not fall today?? its becoz markets have already discounted all the bad news.Market is always supreme and it is always right.U should never think while trading,just trade what u see.Our level is buy above 4832,if nifty future crosses 4832 just buy it and place a stoploss @ 4812,thats it.Always follow the system,what if trade goes wrong,we will loose only 20 points,so what.Trade mechanically,leave your emotions.Learn technical analysis,learn how to trade and then jump into the market.Without learning is like-dont have any tools or weapons and in the jungle on hunt.


Note-I am getting so many calls for tips,please dont call me for tips.I dont provide any tips,if u need i will only teach how to trade.


Master Trading Course will be started shortly.

Nifty Future Intraday levels for 24/05/2012

No trade between 4832 and 4798(to avoid whipsaws)


Buy above 4832 with SL of 4812 for targets 4850-4867-4885-4902.
Sell below 4798 with SL of 4818 for targets 4780-4763-4746-4729.




Trade with very strict stoploss.Market will be very volatile till it closes above 4950.

Nifty Future Intraday levels for 23/05/2012

No trade between 4859 and 4824(to avoid whipsaws).


Buy above 4859 with SL of  4839.
Sell below 4824 with SL of 4844.

Nifty future intraday levels for 22/05/2012

No trade between 4912 and 4877 (to avoid whipsaws).


Buy above 4912 with SL of 4892 for targets 4929-4947-4965-4982-5000.
Sell below 4877 with SL of 4897 for targets 4859-4842-4825-4807

NIFTY SUPPORT AND RESISTANCE

The old saying "Sell in May and Go Away" materialised very very much this month.From 5248(April month close) to todays low 4837,a fall of 411 points in just 11 trading sessions.Just follow the trend and be with the trend till it bends.Trend is your Friend.
                Nifty has support @ 4800 and fibonacci 78.6% retracement level @ 4767.RSI is very much oversold and a dead cat bounce can come anytime.Bulls need to close above 4952 for further upmove.Till Nifty not closes above 4952 avoid Long positions.


A GLANCE AT OLDER POSTS
.Sunday 6th May 2012,- A close below 200sma is very bearish and if it closes below last support of 5020,who will save this market.............??.
.Sunday,8 april 2012-Island reversal gap in Nifty,Sell if u can............
.Thursday 23 february-Is honeymoon over for Nifty.
. Wednesday, 22 february 2012,- 5 gaps left on the downside.Each and every gap will be filled,no IF and BUT................
.Sunday,12th february 2012-why this hurry,hurry,hurry for Nifty to rise 900 points in just 25 trading days.

Nifty future yearly pivot from 4635h to 5668m.(from 02/01/2012 to 21/02/2012)
Nifty future yearly pivots from 5668m to 4879i.(from 22/02/2012 to 14/05/2012)


Just by following Nifty future yearly precise pivot points u would have minted lot of money.

Nifty future intraday levels for 16/05/2012

No trade between 4960 and 4925(to avoid whipsaws)


Buy above 4960 with SL of 4940
Sell below 4925 with SL of 4945


Upper Point-4989.60
Lower Point-4894.80

Nifty Future intraday levels for 15/05/2012

No trade between 4906 and 4871(to avoid whipsaws)


Buy above 4906 with SL of 4886
Sell below 4871 with SL of 4891


Upper point-4931
Lower point-4845


Note-Upper point is strong resistance and Lower point is strong support for intraday.

NIFTY FUTURE INTRADAY LEVELS FOR 14/05/2012

No trade between 4949 and 4913(to avoid whipsaws)


Buy above 4949 with SL of 4929
Sell below 4913 with SL of 4933

Nifty future intraday levels for 11/05/2012

No trade between 4950 and 4984.

Buy above 4986 with SL of 4966.

Sell below 4950 with SL of 4970.

Yesterday Nifty future made a low of 4955 and today 4945 and closed @ 4966.As of now it looks like Nifty has bottomed out and reversal is in place.These 2 levels will provide good support for Nifty future.Positional traders can buy and hold with SL of 4945 for targets 5107-5206-5286-5367.

       These levels are valid till Nifty spot not close below 4950.

Nifty achieved target of 4952 in style

When whole world was so bullish,only we wrote "Is Honeymoon over for Nifty"(see post of 23 february 2012 below in the blog archive). Nifty was @ 5483 at that time,we had given a target of 5211 and 4952.Nifty achieved both targets.

Nifty future intraday levels for 10/05/2012

No trade between 5002 and 4967(to avoid whipsaws).

Buy above 5002 with SL of 4982 for targets 5020-5037-5055-5073.

Sell below 4967 with SL of 4987 for targets 4949-4932-4914-4897

Position short @ 5045 stopped out @ 4970,Profit of 75 points.

No open positions.

Nifty spot projected precise pivot points for May 2012 .

4803a,4885b,4938c,4970d  


Nifty Future Intraday levels for 09/05/2012
Buy above 5023 with SL of 5003
Sell below 4988 with SL of 5008

Nifty Positional Long @ 5076,stopped out @ 5045.Loss of 31 Points
Reversed trade @ 5045 with SL OF 5070.(Spot level).

Greatttttttttttt Profitsssssssss of 43 pointssssssss Intraday.

Nifty Future shorted @ 5116,booked @ 5073,Profit of 43 points.

Holding Positional Longs with SL of 5045(Spot Levels)

ROCKINGGGGGGGGGGG PROFITTTTTTTS OF 57 POINTS INTRADAY.

Nifty Future bought @ 5027,booked @ 5084.Profit of 57 points Intraday(See the proof).Holding positional Long took on friday @ 5076.
     When all the world markets were in bloodbath,blue channels and pink papers giving scary downside targets,only we wrote Daringly to buy between 5020-5030.What else u want in Life...........................???.
Those who have shorted today @ lower levels have lost their shirt and pant.
        If u had still not made any Money,really cant help it.

NIFTY SUPPORT AND RESISTANCE

NIFTY SUPPORT
.FALLING TRENDLINE AND RISING WEDGE @ 5070.
.FALLING WEDGE @ 5020.


NIFTY RESISTANCE
.200SMA @ 5117.
.20SMA @ 5230 .
.50SMA @ 5282.
.FALLING TRENDLINE.


Nifty has closed below 200SMA for the first time in 3 months.A close below 200SMA is very Bearish.Nifty has strong support @ 5070 and last support @ 5020.If Nifty closes below 5020,who will save this Market............??.A close below 5020,nifty can go down till 4650 and fill all the existing gaps.
       Bulls need to hold 5020 to prevent further weakness and a close above 200SMA,to bring back the upward momentum going.
      Traders can go long in Nifty @ 5020-5030 levels ,with a very strict stop-loss of 4990 for a dead cat bounce.(Nifty spot levels).

ROCKINGGGGGGGGG PROFITTTTTTT 172 POINTSSSSSSSSSS ENJOYYYYYYYYYYYYYYY

Nifty Short @ 5248  Stopped out @ 5076,PROFIT OF 172 PONTS.(SPOT LEVELS).
Trade reversed to Long @ 5076 with SL of 5070(Spot Levels).
Nifty Spot has rising wedge and falling wedge strong support @ 5070.


What else u want in LIFE.......................................???
No software would have given u 172 points in a single call.If u have still not made Money,definately cannot send Money order.
Trade with open eyes and levels only.
Happy Trading.

Will the old saying "Sell in May and Go Away" materialise in this May is to be seen.


Short position open.

Long above 5272,stopped out @ 5248.Loss of 24 points.
Reversed trade @ 5248 with SL of 5272.Position open.

NIFTY SPOT MONTHLY PRECISE PIVOTS FOR MAY 2012

5023a,5076b,5109c,5162d,5195e,5248f,5272g,5301h,5339i,5387j,5420k,5473L.


Nifty positional trading ideas for this month.


Buy above-5272 with SL of 5248.
Sell below-5248 with SL of 5272.
(Nifty spot levels)


Note-Book profits wherever u wish or at the pivot levels.

NIFTY SPOT SUPPORT AND RESISTANCE

NIFTY is moving sideways for over a month,it is trading inside ichimoku cloud for several days.Nifty needs to close above or below ichmoku cloud for breakout or breakdown.


RESISTANCE
.Falling wedge
.20SMA @ 5255
.50SMA @ 5306


SUPPORT
.Rising wedge
.200SMA 5124