NIFTY WEEKLY 05 TO 09 SEPT 2011

We have a close above 5023 this week. We also have three indicators showing a buy. Next week trading above 5023 will target 5115 and 5200. But at the same time world markets are not favoring a buy. Hence did not take a postion and will trade 5023 next week. Buy above this and sell below this level.

NIFTY WEEKLY CHART- 02 SEPT 2011

Tomorrow if we close above 5024 this upmove will continue next week to 5207.
A closure below 5024 tomorrow and trading below this will see Nifty testing 200 SMA again which is plugged around 4829.

Happy Trading

NIFTY LONG TERM SUPPORT- UPDATE

On august 9th 2011 I had posted a chart showing that there is long term support at 4760 and to watch this level for support. We are already nearly 200 points above this after closing around 4760. Now remain long and enjoy the ride as long as Nifty closes above weekly 200 DMA which is presently around 4829.
Click on the link to read the post of 9th August http://nsefutures.blogspot.com/2011/08/nifty-long-term-support-level-august.html

NIFTY AND NIFTY OPTION TRADING LEVELS

NIFTY & NIFTY OPTION TRADING LEVELS 24 AUG 2011

NIFTY FUTURE TRADING LEVELS- 23 AUGUST 2011

AGGRESSIVE TRADES
Buy Above 4841 stop and reverse 4816
Sell Below 4896 stop and reverse 4923.75

CONSERVATIVE TRADES
Buy Above 4829.50 stop and reverse 4799
Sell Below 4893.25 stop and reverse 4923.75

NIFTY WEEKLY 200 EMA & SMA -19 AUG 2011

The 200 EMA is at 4871 and 200 SMA at 4839. Watch these levels closely for support. If we close below these levels then God help the bulls.

Happy Trading

Daily Charts shown breakdown targets

The breakdown shown at 5230 has a initial target of 4873

Monthly Long term support levels

Lower BB on monthly chart is plugged at 4773. Watch this level closely for signs of support.
Trade accordingly

Nifty Long Term Support Level-August 2011

The retracement level from the high of January 2008 to the low of October 2008 is at 4760. In the coming days I will wach this level closely and the first sign of Nifty finding support go LONG.

Nifty Future Trading Level 27th July 2011

SUPPORT AND BREAKDOWN BELOW 5540
TREND DECIDER ABOVE THIS IS BULLISH AND BELOW BEARISH- 5636
ENTRY LEVEL FOR SHORT 5613
CLOSE- 5577
RESISTANCE AND BREAKOUT ABOVE 5636

Nifty Future Trading Levels 26 July

SUPPORT AND BREAKDOWN BELOW 5632
TREND DECIDER ABOVE THIS IS BULLISH AND BELOW BEARISH- 5635
ENTRY LEVEL FOR LONG 5662.50
CLOSE- 5687.70
RESISTANCE AND BREAKOUT ABOVE 5743

NIFTY FUTURE SUPP AND RES 25 JULY 2011

SUPPORT AND BREAKDOWN BELOW 5592
TREND DECIDER ABOVE THIS IS BULLISH AND BELOW BEARISH- 5601
ENTRY LEVEL FOR LONG 5612
CLOSE- 5641.60
RESISTANCE AND BREAKOUT ABOVE 5690

Nifty Future Trading Levels 25 July

High SAR - 5640
Close SAR- 5593
Low SAR- 5555
AGNI -Positive at 5601
AGNI Support at 5592 and Resistance at 5691
Trading Strategy
Buy in dips around 5612 stop and reverse at 5590

Nifty Banknifty Intraday Postional Call.

On 24th june Nifty opened gap up above our target which was the breakout level for the day.
For Monday the entry levels are way below. Wait and watch is the best route to take.

Nifty Banknifty Intraday Postional Call.

Nifty Future Update 5

Nifty Future Update 2:00 PM
Daily levels is a short below 5517
Hourly charts is showing a little bullishness above 5506. On hourly for weakenss needs to trade below 5482

Nifty Future Upate 4

Nifty futre Update 1:00 PM

Short below 5516 stop loss 5520

Nifty Future Update 3

Nifty Future Update 12:00 PM
Continue to hold shorts below 5488 for this hour.
Buy Nifty only above 5508

Nifty Future Update 2

Nifty Future Update 11:00 AM
Continue to hold short below 5496 for this hour.
Buy Nifty only above 5521

Nifty Update 1

Update at 10:00 AM

Continue to hold short postion below 5507 for this hour.
Only above 5530 buy Nifty future.

Nifty Future Weekly Outlook 06 June to 10 June 2011

This week trading below 5512 will first take Nifty to 5408 where it should find support.
Closing below 5408 this week will make it weaker to see new lows.
Reistance for Nifty this week is at 5563. Any closure above this will resume the uptrend.

Stock Futures Trading Levels 06 June 2011

IFCI- Sell below 48.05 stop and reverse at 48.60.
Closing below 47.35 hold shorts postional.

TATAMOTORS- Sell Below 1054 stop and reverse 1066

SBIN- Sell below 2329 stop and reverse 2345
Closing below 2292 hold shorts postional.

ABGSHIP- Sell below 379 stop and reverse at 386
Closing below 374 hold shorts postional.

Nifty Futures Trading Levels for 06 June 2011

Sell Below 5560.50 stop and reverse at 5588
Closing below 5516 hold shorts postional.

Nifty Weekly Update for 30 May to 03 June 2011

Nifty has arrested the downtrend on daily charts. Nifty is a buy on dips with Stop and reverse placed at 5422. However on the weekly charts nifty needs to close above 5517 to gain momentum on the upside. The weekly support for Nifty is plugged at 5409. Below this the downtrend will resume. The strategy will be to buy on dips till 5422 and sell at resistance around 5515. A close above 5517 will be good for bulls and a close below 5409 for bears.

Nifty Future Trading Levels 30 May 2011

Buy Above 5464.30 stop loss 5432 target 5483/5514/5547/5566
Sell Below 5432 stop loss 5464.30 target 5413/5381/5349/5330

Nifty Update

NIfty sell triggered. Stop and reverse now at 5405

Nifty Future Upadte 3

The Sell Below has changed now. The present levels are
Buy Above 5420 and sell below 5380

Nifty Future Update 2

Agressive traders target reached.

NIfty Future Update 1

Agressive Traders
Buy NF at 5387 stop and reverse at 5477 target 5407

NIfty Future Trading Levels- 24th May 2011

Buy Above 5418 stop and reverse 5377

Trailing stop loss will be posted once trade is activated

Nifty Future Trading Levels -05 May 2011

The reverfsal level for Nifty is at 5605. Tomorrow morning if the low of today is not broken then short Nifty around 5585 stop and reverse at 5605.

Nifty Future Swing Trading- Update 11 April

15 Minute Time Frame- Nifty Future in Down Trend. Nifty Future Down Trend Pivot Plugged at 5932 Sell above 5870 to 5905 stop loss at 5932.

Nifty Trading Levels -22 March

Buy Above 5401 stop and reverse at 5375 target 5421/5434/70
Reverse targets are 5359/5346/5307

Happy Trading

Nifty Future Trading Levels-21 March 2011

Sell around 5505/16 range stop and reverse at 5454.50 targets are 5376/5358/5329
If stop gets hit reverse targets are 5481/5499/5529

The stop loss is large because of increased volatility. Advisable to enter as close to stop loss as possible. For example the entry level is between 5506/16 however if you get an entry much above this then enter say around 5435 or 45. Stop will be the same 5454.50

Happy Trading

Nifty Future Trading Levels 28th February 2011

Buy 5300 stop and reverse 5280.