Tuesday, 31 December 2013

01 January 2014

Nifty is long with a stoploss of 6151 NF holds (daily)  & 6322 NF holds (hourly).

BankNifty is long with a stoploss of 11063 BNF holds (daily) & 11411 BNF holds (hourly).

When a trade opportunity comes in Nifty or BankNifty, will go either long or short and hold the position until next signal come for the reversal of the trade.  

For the fresh entries enter as close as possible to the mentioned prices and stoploss is 20 points below for NF and 50 points below for BNF for the prices mentioned.

Stay tuned for exact entry in trades.


****Read the disclaimer before you take trading decisions.

Monday, 30 December 2013

31 December 2013

Nifty is Buy in dip as long as 6151 NF holds (daily)  & 6322 NF holds (hourly).

BankNifty is Buy in dip as long as 11063 BNF holds (daily) & 11448 BNF holds (hourly).

When a trade opportunity comes in Nifty or BankNifty, will go either long or short and hold the position until next signal come for the reversal of the trade.  

For the fresh entries enter as close as possible to the mentioned prices and stoploss is 20 points below for NF and 50 points below for BNF for the prices mentioned.

Stay tuned for exact entry in trades.


****Read the disclaimer before you take trading decisions.

Sunday, 29 December 2013

30 December 2013

Nifty is Buy in dip as long as 6151 NF holds (daily)  6266 NF holds (hourly).

When a trade opportunity comes in Nifty or BankNifty, will go either long or short and hold the position until next signal come for the reversal of the trade.  

Stay tuned for exact entry in trades.


****Read the disclaimer before you take trading decisions.

Friday, 20 December 2013



When a trade opportunity comes in Nifty or BankNifty, will go either long or short and hold the position until next signal come for the reversal of the trade.

Money management is the important aspect in doing the trading using this system. If trader trade in multiple lots, then doing part booking is advised for few lots and trail the rest for the reversal to happen to ride the entire trending move.

GUIDELINES
  • Don't run into hope mode by having a number in mind. Be flexible to trade as chart says. 
  • Just Follow trend, No Prediction, No tension, No confusion.
  • Money Management is a must, Capital safety important. If you have 2 lots of money, trade with 1 lot.
  • Do you care about news, news will be reflected in charts ahead. Just follow charts.
  • You need not to be in trade all the time. Wait for the opportunity, don't trade when you want.
  • This system might not be interesting one for predicting traders. 
  • For Stock Future trades make sure that you do not have more than 1 point risk, for Nifty futures trades 20 points risk and Bank Nifty futures trades 50 points risk.
  • Do not enter into any trade that has no good risk reward ratio (as per your risk capacity).


DISCLAIMER
This is a technical analysis that generates trade signals for educational purpose. All responsibility of money management and trades lies with the traders who do the trades.

Trade in planned way and follow the market signals, just follow the market and Market rewards you.

All prices mentioned are future prices unless it is specified.

Any changes in the prices during market hours will be updated here during market hours if required.  


****Read the system guidelines and disclaimer before you take trading decisions.