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.