24 February 2014

Remain short as long as 6175 NF held on hourly closing basis. No NF trades made in these sideway movements. Upside cluster of resistances and downside cluster of supports available. Market may move sideways.Option writers may get benefit until the either side breakout.

Trade with strict stoploss to safeguard the positions. 

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

21 February 2014

As mentioned on 18 Feb 2014, NF touched 6126 and made further high. Remain short as long as 6167 NF held on hourly closing basis. No NF trades made in these sideway movements. Upside cluster of resistances and downside cluster of supports available. Market may move sideways.Option writers may get benefit until the either side breakout.

Trade with strict stoploss to safeguard the positions. 

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

18 February 2014

No trade made on 17 Feb 2014. Now watch out these numbers 5957/5975/5992/6100/6126 to initiate the trades with small stoploss. Take entries at the said levels only. Upside cluster of resistances and downside cluster of supports available. Market may move sideways.Option writers may get benefit until the either side breakout.

Trade with strict stoploss to safeguard the positions. 

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

17 February 2014

On 13 Feb 2014, Carried trailing longs revised stoploss 6054 hit and longs are closed. Not taken the reversal and no positions holding now. Holding 5992 can trigger NF to 6156 levels. Holding 6068 can take NF to much lower levels. Take entries at the said levels only. Market may move sideways to hit stoploss. Do the trades that has good risk reward.

Trade with strict stoploss to safeguard the positions.  

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. 

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

13 February 2014

On 12 Feb 2014, NF moved up and touched 6111/6116 (High:  6126)and corrected again. Holding the trailing longs with the revised stoploss. Close trailing longs if NF trade below 6054. 

Nifty is long with a stoploss of 6054 NF holds on hourly.

Targets for the trailing longs 6136/6146/6169/6173 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 5957 levels. Will revisit if the stop breaks else will continue to hold the longs.

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Stay tuned for exact entry in trades.

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

12 February 2014

On 11 Feb 2014, NF is in corrective upmove slowly inching up. NF touched 6091 again (High: 6095). Holding the trailing longs with the revised stoploss. Holding 6175 is a concern for longs. At 6175 one can short with small stoploss (6200 NF). Since short is a predictive trade, traders advised to be cautious on placing stoploss. NO TRADE WITHOUT STOPLOSS.

Nifty is long with a stoploss of 6054 NF holds on hourly.

Targets for the trailing longs 6111/6116/6129/6141 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 5957 levels. Will revisit if the stop breaks else will continue to hold the longs.

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Stay tuned for exact entry in trades.

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

11 February 2014

On 10 Feb 2014, NF gave the 6091 and did the part booking, carrying the trailing longs with the same stoploss. Holding 6175 is a concern for longs. At 6175 one can short with small stoploss. Since short is a predictive trade, traders advised to be cautious on placing stoploss. NO TRADE WITHOUT STOPLOSS.

Nifty is long with a stoploss of 6036 NF holds on hourly.

Targets for the trailing longs 6106/6131/6136/6161 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 5957 levels. Will revisit if the stop breaks else will continue to hold the longs.

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Stay tuned for exact entry in trades.

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

10 February 2014

On 06 Feb 2014, taken long @6055 with stoploss of 20 points. Stoploss triggered and longs closed. On 07 Feb 2014, Initiated longs again @6055with a stoploss of 20 points. This longs can be held as long as previous low is not breaking. Longs preferred view as indicators showing oversold zone. The upmove may be corrective and can test trader patience. Hence keep the stoploss and trade accordingly. Try to do part/full booking at the mentioned targets. Holding 6175 is a concern for longs. At 6175 one can short with small stoploss. Since short is a predictive trade, traders advised to be cautious on placing stoploss. NO TRADE WITHOUT STOPLOSS.

Nifty is long with a stoploss of 6036 NF holds on hourly.

Targets for the longs 6091/6156 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 601x/600x/599x levels. Will revisit if the stop breaks else will continue to hold the longs.

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Stay tuned for exact entry in trades.

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

06 February 2014

No trade made in NF due to personal works. Long above 6055 NF with small stoploss (hourly basis).

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 6005 levels. Break of 6005 can trigger NF to 5949/5895/5845 levels. 

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Trade as per the levels given.

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

04 February 2014

On 3 Feb 2014, No trade made in NF. NF showing two paths now. Holding 6025 can trigger to 6135 on upside.

Nifty is long with a stoploss of 5983 NF holds daily & 6025 NF holds on hourly.

Targets for the longs 6135 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 5882 levels. Break of 5882 can trigger NF to 5730 levels. 

If the Nifty moves towards our trade direction, will hold with a new revised stoploss. Else will hold with the current stoploss strictly. Now hold the position until next signal come.

Trade as per the levels given.

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