Archives of “nifty future” tag

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Trading Strategy for Nifty Future -12th April ‘10

  
Analysis, Education
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Always protect your confidence. Find an investing/trading philosophy that you are comfortable with and one that fits your personality. Once you have discovered this, work hard, study it, and try to perfect it. My best advice to gain more trading confidence is to make decisions, evaluate if your ideas are working, and constantly make adjustments until you can replicate a successful and disciplined trading methodology.

Laxman Rekha at 5566.

As I had already mentioned 3 Consecutive close above 5309 level will take to 5566 level.

-Zig Zag will continue ,but it will try to kiss 5566 very soon.

Always remembers trading will give u money ,Not levels.

Today ,Just have a eye on 5378 level.Decisive crossover above this level will take to 5405-5431.

-So think to buy above 5478 level.

Suppose not crosses High of Friday ( 5388 ) and breaks 5358 with volumes then ?

-Watch panic upto 5340-5334 ,5310 level.

-5290 & 5277 are crucial support levels.

-Not Today ,Any day /time it breaks these two levels then watch allround panic in mkt.

I will update more to our Subscribers

Updated at 8:22/12th April/Baroda/India

13th and 26th Week major turning ,5566 is Laxman Rekha

  
Analysis, Education
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-From High of 6336 ,Already completed 118 weeks

-From low of 2228 ,Already completed 76 weeks.

26th week is very crucial.

13th week is also turning point.

Yes ,On 26th Week :Nifty Future will complete 144 weeks from high of 6336

And on 13th week will complete 89 weeks from low of 2228 level.

My Ultimate target and Laxman Rekha is at 5566 level.

Last week NF created History by closing up for 9 consecutive weeks.

-So will it continue for another 4 weeks ?

-Next Fibonacci number is 13.

I will update more to our Subscribers.

Updated at 16:36/11th April/Baroda

Trading Strategy for Nifty Future -20th April ‘10

  
Analysis, Education
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The wealth process. Exploring your relationship with money and why you do or do not have enough to trade with. For example, most people believe that they win the money game by having the most toys and that they can have it all right now if  their monthly payments are low enough. This means that they save zero dollars and  are over their heads in debt. If this is you, it also means that you don’t have enough money to trade.

-From 5398 it crashed to 5162 in 8 sessions.

Yesterday it was mentioned 5167 as crucial support level and I expected U-turn from this level…but cracked by 5 points and reversal happened.

-Updated Intraday levels too and they are valid today for today’s session too.

Two Consecutive close below 5169 will take to 5032-4986 level.

-Don’t trade blindly ,Just read twice the mentioned levels.

Now ,What to expect for Today’s trading session ?

*5221——-5236 are Hurdles.

(Levels not to be changed everyday ,Like TV & Website Jokers are doing )

-Now if crosses 5236 level with volumes and stays above this level for 5-10 minutes then expect fire work upto 5280-5295 level.

Support at 5190,Break will create panic upto 5174 ,5158 level.

Hourly chart indicates from 12:30 to 14 hrs.Bulls will control the Market.

Use Commensense ,Above 5236….Don’t remain short.

If breaks 5167…Negative impact.

Above 5236…No worry for Bulls and policy will favour Teji wala.

 

I will update more during trading hrs to our Subscribers.

Updated at 8:19/20th April/Baroda

Trading Strategy for Nifty Future -03rd March’10

  
Analysis, Education
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NF-ICON

There is a meaningful difference between trading to win and trading to not lose. The average person feels more psychological pain over a loss than they feel pleasure over a gain–particularly once they have already “booked” that gain mentally. If I’m expecting a bonus from my employer, I’ll be happy when I receive the paycheck–but I’ll be much more upset if I find out the bonus has been rescinded.

We can never eliminate loss from life or trading; nor can we repeal the basic uncertainties of markets. What we *can* do is develop an edge in the marketplace and, over the course of many trades, let that edge accumulate in our favor.

And, if you’re trading well, maybe that losing trade will offer you a fresh perspective about how the market is trading: an insight that can make you money the next time around. Then it’s not a loss. It’s information that you’ve paid for.

Good Day

Yesterday it was written Inverse Head & Shoulder indicates target of 5045 level.

-It made a high of 5035 & closed at 5023 level.

Never broken 4798-4782 & nonstop rally is continued.Trade with eye open and use commensense.

-Two consecutive close above 5025 level will take to 5144-5184 level.

-From recent low of 4667 this is 3rd wave (Target 5057)

-Inverse Head & Shoulder formation (Target 5045)

chess-strategy

Thirsty Traders ,Just concentrate on levels.

5039-5045-5057 are Hurdles.

-Bollinger Band indicates to have cautious approach.

-Save this :In a day or two will see sharp Intraday fall and it will be panic like position.

-Sell 5000-5100 call.

Buy 4900-4800-4700 puts.

ALERT

Rising Wedge on chart indicates rally may continue upto 5100-5150..No worry @ all.But vertical fall too not ruled out.

3& 7 DEMA will act as support levels.

I will update more to our Subscribers.

Updated at 7:42/3rd March/Baroda

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