Posts Tagged ‘nifty future’

Trading Strategy for Nifty Future -15th March’10

Monday, March 15th, 2010

Logic Wins; Impulse Kills

It can be a huge rush when a trader is on a winning streak, but just one bad loss can make the same trader give all of the profits and trading capital back to the market. Reason always trumps impulse because logically focused traders will know how to limit their losses, while impulsive traders are never more than one trade away from total bankruptcy.

-Do u all remember 4792-4782 level.Yes it was never broken.(And Born Blind says we were Bearish in Nifty Future )

-Then above 5025..My target was 5144-5184 level.

-Already kissed 5169..On Friday

(Yes ,Still holding Puts and averaged out and sold Calls too )

Now ,What to expect ?

Rising Wedge will favour Bears only.

Out 100 stocks ,90% are Toppish and panic selling will start.

I don’t change levels every day.My targets were 5144-5184.

Two Consecutive close above 5184 will take to 5303-5343.

Chances very very remote ,every 2nd person will get trapped at Higher levels.

Now ,What to expect from this level of 5145 ?

-101% Go short with stoploss of 5184 -Closing basis.

-Today if not crosses 5169-High of FRIDAY (Read twice)

And trades below 5137 with volumes then first target on your trading screen will be of 5113-7DEMA

-I see panic upto 5076-5053 in hrs only.(Conditon not to cross 5169)

-Will update more to our Subscribers during trading hrs.

Updated at 7:45/15th March/Baroda

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Trading Strategy for Nifty Future -12th March’10

Friday, March 12th, 2010

Run against the crowd, not with it.
This is one of the hardest things to do. It goes against every fiber of your being. We are wired as humans to look to the crowd for our cues just like an animal runs with the herd. In the animal kingdom, Penguins will run to the edge of an iceberg and stop to see if one of them actually jumps in and swims to safety without being eaten by predators. When they feel it is safe, the rest of them will make the swim with confidence.In trading, you cannot wait for a trade to “feel safe” before you take a chance with your hard earned money. You have to anticipate, listen to your gut and be willing to buy when others have lost patience or composure hitting the sell button into your waiting hands. Likewise you have to become a seller when the rest of the crowd feels safe and starts buying, only to repeat the process over and over. Going against your natural instincts will keep you safe by having better entries and exits. The rest pays for itself.

-Do u all remember 4792-4782 level.Yes it was never broken.(And Born Blind says we were Bearish in Nifty Future )

-Then above 5025..My target was 5144-5184 level.

-Already kissed 5161..Yesterday’s trade.

(Yes ,Still holding Puts and averaged out and sold Calls too )

Now ,What to expect ?

Rising Wedge will favour Bears only.

Out 100 stocks ,90% are Toppish and panic selling will start.

Above 5144 level ,It will try to kiss 5184 or Intraday 5220-5230 level.

Never act Blindly :Read twice and then trade.NF not breaking 3& 7DEMA …see the magic and Traders says /Comment …Iam Bearish.

Two Consecutive close ( 2) above 5184 will take to 5303-5343 level.

Time will tell it will cross 5303 first or will crash to 4950-4900 level ?

Today 3DEMA :5120 ,7DEMA :5104.

I will update more to our Subscribers

Updated at 8:22/12th March/Baroda

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Trading Strategy for Nifty Future -10th March’10

Wednesday, March 10th, 2010

Its amazing how much you can learn from previous trades or stocks that have been kept on your watch list. What is even more amazing is how many people don’t track this and conduct the same mistakes over and over again. If you’re not already, consider starting a trading journal. Track dates, current stock price, future price targets, and what actually happens. Then every quarter (or as many times as you deem necessary) review the journal and see what change(s) can be made to improve your trading.

5144 & 5184 are Hurdles.

From Last two days ,Iam writing to sell NF with stoploss of 5144- 5184 level..

-Not able to cross these levels.Yesterday support was at 3DEMA -5095.It kissed 5092 & closed at 5097.

Remember Rising Wedge will create panic any moment.

Expect some bad NEWS.

Intraday panic on card.It can come Today/Tomorow ??

Never act Blindly & Bark.

Trade with mentioned levels.

Do ,What ever u want to do..But only 5% Traders will earn money.

Now ,What to expect from this level ?

-If not crossing 5145….Recent High & Trades below 5123 level.

-Expect slide upto 5058-5036 in panic.

-7DEMA :5060.

Today ,Hurdle at 5108.Crossover will take to 5118-5121 level.

After looking at Sensex Stocks :All are Looking Tired.

I will update more to our Subscribers during trading hrs.

Updated at 8:10/10th March/Baroda

 

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Trading Strategy for Nifty Future -09th March’10

Tuesday, March 9th, 2010

If you are feeling good and happy about your day, it is ok to relax and enjoy the money. Don’t turn a great morning into a losing day. Catch yourself, it’s not worth it. In addition, if you have a bad morning and make it back to flat or a little green, call it a day and declare victory! If you push it, you are likely to end up back with a losing day.

Yesterday I had written to go short around 5148-5150 level with keeping stop of 5184 on closing basis.

-What happened ?

-Kissed 5145 …went down Intraday upto 5105 & closed at 5117.

Hurdles are intact :5144-5184.

I don’t change levels everyday and from 5025 to 5144 level in 4 sessions ,What else u want in life ?

But to get result and money..u have to use your brain and should concentrate on Market…Instead of picking up phones/Watching Blue channels and reading Websites –hosted by Jokers.

Now ,What to expect from this level ?

If not crosses -Yesterday’s high of 5145 & trades below 5123 with volumes then first support at 5095 level.

-After breaking 5095 level (Stays below 5-10 minutes will create panic in mkt)

-Watch freefall upto 5058-5036 level in panic.

-7DEMA @ 5025.

-Watch Rising Wedge on chart.

-Always favour Bears & unexpected Bad NEWS not ruled out.

First hr top again crucial.

101% Sell on Rise.

Your stoploss 5184…closing basis.

Will update more to our Subscribers during trading hrs.

Updated at 8:29/9th March/Baroda

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Trading Strategy for Nifty Future -08th March’10

Monday, March 8th, 2010

Professional traders only place a small portion of their assets into 1 position. Or if they take on a large position, then they strictly limit their risk to 1-2% of their current equity. Amateurs typically place a large portion of their assets into 1 position, and they give it “room to move” in case they are actually right. This type of situation creates emotions that ruin accounts, while professionals are able to make decisions and cut losses because they strictly define their risk.

 

Hello ,Dear Traders :D o u all remember that I had written above 5025 it will zoom upto 5144-5184 level.

(Pls refresh your memory …Yes last week only written 5025 level )

Now if u are not minting money then its your fault.

(Our Subscribers are having position and they had bought 4900-4800 Puts and sold 5100-5200 puts…No worry ,Just wait and watch )

-We trade with strategy only.If we short in Options and Above 5025 long in Future too.

On Friday closed at 5087.Now SGX Nifty trading at 5148 at 8:21 AM


Today again we are writing Boldly…If open around 5148-5150 go short in TRUCK LOAD.

-Your stoploss of Closing basis will be of 5184.

-Today first half may favour Bull’s but they will lose strength post lunch session.

-Today go short with stoploss of 5184.From 5150-5160 Your Risk will be of 30 points.

-Remain short for next 3 sessions.This week open to close will be down.

-Very Volatile sessions on card.Be cautious at Higher levels.

3DEMA ,7DEMA :4989.

Only Bank Stocks are looking Hot.Watch selling in IT Stocks.Manipulative rally in Real Estate/Construction stocks started.

ONGC-REFINERY STOCKS-RELIANCE  :On Rise Sell Sell Sell.

I will update more about Nifty Future around 13:30 hrs.

Updated at 8:25/8th March/Baroda

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Trading Strategy for Nifty Future -05th March’10

Friday, March 5th, 2010

You must stay in the present and focused on executing each trade to the best of your ability. Don’t let yourself think about how much you’re going to win (or lose) in the market or how great of a trader you are or not, but instead focus on what matters most – each and every trade you make. Do that and the results will take care of themselves.

                                                                  Do u all remember 5025 level or not ?

-My Target above 5025 was of 5144-5184.

(Yesterday written to sell it crashed upto 5050 level taken support at 3DEMA and closed at 5081 )

Today ,Just have a eye on 5110 level.It will have to cross this level with volumes then expect rally upto 5144 level.

Major Hurdle at 5184.

Rising Wedge indicates to have cautious approach.

Just we are getting closer everyday to High point level.

3DEMA :5061…First crucial support.Decisive break anytime will create panic selling.

7DEMA :4958…Far away (But anything is possible )

If not crosses 5110 then ?

If crosses 5110 then ?

Be cautious at Higher levels.Nothing else.

I will update more to our Subscribers during trading hrs.

Updated at 8:44/5th March/Baroda

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Trading Strategy for Nifty Future -04th March’10

Thursday, March 4th, 2010

1. Anything can happen.

2. You don’t need to know what is going to happen next in order to make money.

since you cant know what is going to happen…everybody has to make money under the condition of uncertainty..without exception.

3. There is a random distribution between wins and losses for any given set of variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing happening over another.

5. Every moment in the market is unique.

When I was writing 4798-4782 levels are crucial support..Nobody was reading.

When mentioned above 4968..Laxman Rekha it will skyrocket…Nobody was reading.

-What Traders/Readers are remembering put of 4900-4800 level..They are talking about Tata Motors short call.(But for them I remember one Quote )

 Cut losses and admit defeat when appropriate.

Do u all remember 5025 level ?Above this level my targets are 5144-5184.

(Two Consecutive close above 5025…I expect upper targets )

-Just see Yesterday was first day it closed above 5025.

Today Intraday will try to kiss 5105-5129 level.

-(First will have to cross Yesterday’s high )

-My Target :5144 will act as Major Hurdle.

Today initate (First time )writing after Budget and after it had not broken 4798-4782 level….to go short with stop of 5144-61 )

-Yes around 5110-5120….Go short (No if and but)

Will show its Magic ,I see sharp slide any time any moment.

Support @ 5011-4959-4926 level.(Have patience in Market while u trade ,Dont trade blindly…..and always use common sense…its not common)

Today just see …What happens in Last hr of TRADE !!

Will update more to our Subscribers.

Updated at 8:45/4th March/Baroda

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Trading Strategy for Nifty Future -03rd March’10

Wednesday, March 3rd, 2010

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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Trading Strategy for Nifty Future -02nd March’10

Tuesday, March 2nd, 2010

NF-ICON

The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot are traders, both in manner and spirit. A trader is a man who earns what he gets and does not give or take the undeserved. A trader does not ask to be paid for his failures, nor does he ask to be loved for his flaws. A trader does not squander his body as fodder, or his soul as alms. Just as he does not give his work except in trade for material values, so he does not give the values of his spirit—his love, his friendship, his esteem—except in payment and in trade for human virtue, in payment for his own selfish pleasure, which he receives from men he can respect. The mystic parasites who have, throughout the ages, reviled the trader and held him in contempt, while honoring the beggars and the looters, have known the secret motive of the sneers: a trader is the entity they dread—a man of justice.”

Tuesday-02March

 Refresh your memory and see I was writing and clearly mentioned :4798-4782 are crucial support.It kissed 4797 & was hovering around these levels for 4 sessions.

Market leader Reliance not broken our Support of 961…Yes it kissed that level.

On Budget day it was written it will have to break 4830 level then only problem for Bulls.

Major Hurdle was 4968.Just see after crossing it skyrocketed upto 5002 in minutes only.

SMS-INTRADAY

At 13 hrs on Friday sent one Mssge to our Subscribers :

-Sell Nifty Future at 4990,stoploss 5025.(It crashed to 4930 in just hrs )

Sell Reliance at 995 ,stoploss 1000 ,Sell Refinery Stocks/Real Estate stocks/Reliance Capital ..When Nifty was at 4990 & What happend to these stocks…u all know.

Now -What to expect

Above 4968 level.It will zoom to kiss 5002-5021-5039 -5045 level in Intraday trade.

-Between 5000-5025,Sell short NF with stoploss of 5045.(Risk will be of Rs.15-20 points)

ALERT

Two Consecutive close above 5025 will take to 5144-5184.

Now support for Traders/Swing Traders at 4884-4873.

InverseHead-Shoulder

Students of Technical Analysis just see on Friday it had broken Neckline of Inverse Head & Shoulder.

-Target :5045 very soon.

-Will tell u more tomorow about this formation…till then search the formation on Daily chart.

Updated at 6:48/2nd March/Baroda

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Nifty Future :5025 is Major Hurdle

Tuesday, March 2nd, 2010

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