Intraday calls

[n_arvind2000]

NIFTY & SENSEX VIEWS: (24th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 4783 and stays above at least 4744 with good volume then NIFTY trend is becoming 'STRONG' and may see 4830 and 4900. :clapping:

If Nifty breaches 4630 and stays below 4669 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 4580 and 4520.

If SENSEX breaches 15970 and stays above 15834 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16150 and 16400. :thumb:

If Sensex crosses 15429 and stays below 15565 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15280 and 15040.

Intraday break out level to watch on NIFTY Spot- 4783

Intraday break down level to watch on NIFTY Spot- 4630

NIFTY
PIVOT POINTS

R1-4777 R2-4848 R3-4916
PIVOT-4708
S1-4638 S2-4570 S3-4499

MOVING AVERAGES

SMA-7: 4954.08 SMA-13: 5089.71 SMA-26: 5125.00 SMA-50: 5052.91 SMA-200: 5366.13

EMA-12: 5008.57 EMA-26: 5065.12 EMA-50: 5090.45 EMA-200: 5305.86 MACD: -56.55

 

[reemak]

Thanks for the information guys, cheers!!!

 

[mangup]

Dear n arvind2000,

1. Can you tell me on which time frame(1min, 3min, 5min, 15min,etc) we should watch these level to break?
2. Let's say today's levels are 4783 & 4630, once price go above 4783 should we buy with SL as 4744, is it so?
3. Can you pl tell the backtesting results of this strategy?
4. What is the logic of calculating these levels so that we can calculate for stocks as well?

 

[n_arvind2000]

Dear n arvind2000,

1. Can you tell me on which time frame(1min, 3min, 5min, 15min,etc) we should watch these level to break?
2. Let's say today's levels are 4783 & 4630, once price go above 4783 should we buy with SL as 4744, is it so?
3. Can you pl tell the backtesting results of this strategy?
4. What is the logic of calculating these levels so that we can calculate for stocks as well?

These trading calls are prepared for intraday trading purpose. Trading in market direction is better.

Buy only at/above buy price. Sell only at/below sell price. Keep strict stop loss.

Don't initiate any intraday call after 2.30 PM.

Those who are going to second target book partial profits at first target. Those who are going to third target book partial profits at first and second targets and move their stop loss to entry level. Close all intraday positions before 3.15 PM

If it opens above(buy)/below(sell) target levels don't trade on that stock or try to trade only when it comes near to entry level. :thumb:

On normal trading days if the trend is 'STRONG' the stock or indice is a buy. If the trend is 'WEAK' the stock or indice is a sell. If the trend is 'Flat' one must hold the stock or indice. 'FLAT TO STRONG' trend indicates that one must buy stock or indice on declines for small targets. 'FLAT TO WEAK' trend indicates one must sell on rally for small targets.

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (25th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 4829 and stays above at least 4792 with good volume then NIFTY trend is becoming 'STRONG' and may see 4870 and 4920. :clap:

If Nifty breaches 4683 and stays below 4721 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 4642 and 4570.

If SENSEX breaches 16090 and stays above 15973 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16220 and 16370. :thumb:

If Sensex crosses 15626 and stays below 15743 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15500 and 15230.

Intraday break out level to watch on NIFTY Spot- 4829 :thumb:

Intraday break down level to watch on NIFTY Spot- 4683

NIFTY FUTURES :thumb:

BUY -4796 TARGETS -4826,4880,4950 SL-4775
SELL-4740 TARGETS -4720,4680,4600 SL-4753

LT FUTURES :clapping:

BUY -1239 TARGETS -1252,1272,1300 SL-1230
SELL-1212 TARGETS -1202,1185,1145 SL-1219

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (28th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 4751 and stays above at least 4730 with good volume then NIFTY trend is becoming 'STRONG' and may see 4775 and 4820. :thumb:

If Nifty breaches 4669 and stays below 4690 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 4640 and 4610.

If SENSEX breaches 15831 and stays above 15762 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 15910 and 16050. :clapping:

If Sensex crosses 15560 and stays below 15628 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15460 and 15370.

Intraday break out level to watch on NIFTY Spot- 4751

Intraday break down level to watch on NIFTY Spot- 4669

NIFTY FUTURES :clap:

BUY -4732 TARGETS -4748,4775,4830 SL-4719
SELL-4699 TARGETS -4680,4650,4605 SL-4715

BANK NIFTY

BUY ABOVE 8559 TARGETS - 8667, 8776 and 8872
SELL BELOW 8469 TARGETS - 8360, 8271 and 8181


SBIN FUTURES

BUY -1679 TARGETS-1691,1705,1740 SL-1670
SELL-1656 TARGETS-1644,1630,1600 SL-1664

 

[n_arvind2000]

Axis Bank - Technical Bounce Back Expected

S 2 S 1 Pivot R 1 R 2
920.85 942.50 961.65 983.30 1002.45

- 5 day RSI: 9 - oversold
- 14 day RSI: 21

RSI indicators in Oversold territory. More supply will come around in 950 odd levels.

Expect a strong technical bounce back in Axis bank..... Should hold 940 odd levels - Strong support in that territory !!!!

Buy Axis bank with a target of 980-1005-1021-1035 keep sl of 928 :thumb:

Buy Axis Bank, says Sukhani
:rofl:
Sukhani told CNBC-TV18, "I am buying Axis Bank and some of the banks mainly because of short-term trend is up and there is no confusion on that account. Axis has been in a trading range for some days now, it did not fall when the Nifty was falling mainly because it had fallen earlier but whatever the reason the trading range should easily breakout on the upside and should." :thumb:

He further added, "One of the advantages of choppy market is that there will be some stocks that go up and some that go down. In a short-term uptrend we want to stay with the stocks that go up and Axis qualifies on that account." :clapping:

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (30th Nov)

NIFTY
Trend-Flat
SENSEX
Trend-Flat

If NIFTY breaches 4849 and stays above at least 4826 with good volume then NIFTY trend is becoming 'STRONG' and may see 4880 and 4920. :thumb:

If Nifty breaches 4762 and stays below 4784 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 4730 and 4700.

If SENSEX breaches 16150 and stays above 16079 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16250 and 16390. :clapping:

If Sensex crosses 15867 and stays below 15938 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 15760 and 15670.

Intraday break out level to watch on NIFTY Spot- 4849

Intraday break down level to watch on NIFTY Spot- 4762

NIFTY FUTURES :thumb:

BUY -4840 TARGETS-4855,4890,4945 SL-4825
SELL-4805 TARGETS-4785,4755,4705 SL-4822

BANK NIFTY FUTURES :clap:

BUY -8695 TARGETS-8735,8845,8995 SL-8667
SELL-8598 TARGETS-8555,8460,8320 SL-8638

SBIN FUTURES :clap:

BUY -1755 TARGETS-1766,1786,1820 SL-1747
SELL-1736 TARGETS-1723,1703,1680 SL-1746

 

[n_arvind2000]

Buy Axis Bank, says Sukhani
:rofl:
Sukhani told CNBC-TV18, "I am buying Axis Bank and some of the banks mainly because of short-term trend is up and there is no confusion on that account. Axis has been in a trading range for some days now, it did not fall when the Nifty was falling mainly because it had fallen earlier but whatever the reason the trading range should easily breakout on the upside and should." :thumb:

He further added, "One of the advantages of choppy market is that there will be some stocks that go up and some that go down. In a short-term uptrend we want to stay with the stocks that go up and Axis qualifies on that account." :clapping:

Axis Bank positive upmove... Resistance around 991 levels.

- 5 day RSI: 22
- 14 day RSI: 25

Move past 991-995 can cross 1014-1035 levels in the coming days...

Angel Broking ------ :clap:
Also, from a medium-term perspective, we continue to prefer large private banks with a strong structural investment case- within which we prefer Axis Bank from a valuation perspective.

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (02nd Dec)

NIFTY
Trend-Flat to strong
SENSEX
Trend-Flat to strong

If NIFTY breaches 4989 and stays above at least 4963 with good volume then NIFTY trend is becoming 'STRONG' and may see 5020 and 5080. :clap:

If Nifty breaches 4884 and stays below 4911 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 4850 and 4810.

If SENSEX breaches 16642 and stays above 16562 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 16735 and 16920. :clapping:

If Sensex crosses 16325 and stays below 16405 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 16225 and 16100.

Intraday break out level to watch on NIFTY Spot- 4989

Intraday break down level to watch on NIFTY Spot- 4884