02 June 2014

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

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.

03 February 2014

On 31 Jan 2014, No trades made as the NF is in range and not given a good risk reward trade to do. 

Nifty is long with a stoploss of 5983 NF holds daily & 5984 NF holds on hourly.

Targets for the trailing longs 6157 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 607x levels. Break of 607x can trigger NF to 600x 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.

31 January 2014

On 30 Jan 2014, No trades did due to expiry. Now holding 5983 NF, can take NF upto 6175 levels one more time. NF not crossing 6175 level, can drift NF to lower levels. Trade with small stoploss at the given levels. 

Nifty is long with a stoploss of 5983 NF holds daily & 5984 NF holds on hourly.

Targets for the trailing longs 6175 range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 601x levels. Break of 600x can trigger NF to 588x 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.

30 January 2014

NF touched 6175 and sold puts (small quantity sold at 80) covered at 47. Hope all traders covered the puts. 

NO TRADES ON TODAY. WILL VISIT FOR FRESH TRADES IN NEW SERIES.

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

29 January 2014

Weakness continues and no long trade is taken in NF, but small quantity of 6200PE sold @80 on 27 Jan 2014. Holding the short positions in puts. Hold puts with stoploss of 100. Try to cover the puts near 6175 NF.

Trade with strict stoploss to safeguard the positions.  

Stay tuned for exact entry in trades.

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

27 January 2014

Global markets showing weakness and same reflecting Indian markets as well. On Monday, if NF opens above support levels, then go long and if NF opens below support levels then go short. Keep the levels to play.

Nifty is long with a stoploss of 6201 NF holds daily & 6266 NF holds on hourly.

Targets for the trailing longs 631x/633x range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 6156 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.

24 January 2014

On 23 Jan 2014, closed all longs @6354 for the trailing longs carried (@6254). NF has support now at 6322/6292. Break of 6292 can drift NF to 6151. View is valid for 24 Jan 2014.

I will be away on 24 Jan 2014. Plan your trades as per levels with small stoploss. 

Nifty is long with a stoploss of 6151 NF holds daily & 6292 NF holds on hourly.

Targets for the longs 640x range. 

Trade with strict stoploss to safeguard the positions.  

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

23 January 2014

As mentioned on 22 Jan 2014 post (6295/6282) Nifty corrected till 6291.6 and Intraday added longs at 6295 with stop of  6272 gave target of 636x and closed intraday longs at 6361 (NF made high of 6366). Hold the trailing positional longs (taken at 6254) for the targets with stoploss given. Only trailing longs are carrying for higher targets. Book the longs fully near targets.

Nifty is long with a stoploss of 6156 NF holds daily & 6247 NF holds on hourly.

Targets for the trailing longs 637x/638x/639x/641x/645x range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 6247 levels. Break of 6247 can drift till 6156. 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.

22 January 2014

On 21 Jan 2014, Nifty gave the targets of 633x/634x for the longs taken @6254. Hope safe traders did the part/full booking @6330 and @6340 as suggested in previous post. As given NF 6352 was held on 21 Jan 2014. There is a possibility of correction till 6295/6282. Trail the balance with the stoploss given. Nifty may move in sideways going forward. No fresh trades in Nifty advised as the risk (stoploss 6156) reward is not good at this point.

Nifty is long with a stoploss of 6156 NF holds daily & holds on hourly.

Targets for the trailing longs 636x/637x/639x range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 6156 levels. Break of 6156 can drift till 5923. 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.

21 January 2014

On 20 Jan 2014, Nifty gave opportunity for those who missed to go long at hourly level given (NF made low 6248 on 20 Jan 2014). NF made a high of 6332.  Safe players can do part booking at given targets. Safe players do part/full booking and wait with stoploss for balance in case of part booking. NF Not crossing 6352 can drift down to lower levels. Safe players can enter longs again if NF cross 6352 for higher targets with small stoploss.

Nifty is long with a stoploss of 6156 NF holds daily & 6244 NF holds on hourly.

Targets for the trailing longs 633x/634x range. 

Trade with strict stoploss to safeguard the positions.  Break of these stoploss levels can drift Nifty slowly down till 6156 levels. Break of 6156 can trigger NF to 5922 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.