Nifty Futures Weekly And Intraday Analysis Trend Report

[linkon7]

Date cash
01-Jun 834
02-Jun 618
03-Jun 209
04-Jun -316
05-Jun 670
08-Jun 1417
09-Jun 295
10-Jun 990
11-Jun 717
12-Jun 993
15-Jun 518
16-Jun -213
17-Jun -711
18-Jun -226
19-Jun -515
22-Jun -26
23-Jun -197
24-Jun -658
25-Jun -601


For the last 8 trading days, FII flows has been negative. 3,147 Cr is the net amount they pulled out in 8 days from the cash segment and DII, HNI LIC and other local biggies are absorbing all the selling.

If liquidity is going out of the system, then any further upside looks capped in the short term. People who felt like they missed the bus, really wont like it when the bus is going south. At one point they'll want to bail out and that will add to the selling pressure.

I think being cautious and maintaining strict stop loss is the only way forward...

 

[sibumajumdar]

Re: what does this mean?

One can make use of the automated tools to trade in stock market and one such Automated tool for Nifty trading is available and one should use in following manner:
(a) One can buy in Nifty when 3 mins EMA goes above 13 mins EMA and 13 mins EMA is also above 34 mins EMA.
(b) One has to make sure that RSI and Stochastics are both in uptrend and has not reached the overbought zone of 70 for risk free investors and 80 for high risk category.
(c)One has to be on the constant watch for exiting Nifty longs and for that one has to monitor when RSI and Stochastics both starts coming down from the overbought zone.

2. Similarily one can make use of this tool for selling Nifty also.
(a) One can sell Nifty when 3 mins EMA goes below 13 mins EMA and 13 mins EMA is also below 34 mins EMA.
(b) Draw confirmation for the trend from RSI and Stochastics which should be both in downtrend and has not reached the oversold zone of 20.
Exit your Nifty longs when RSI and Stochastics both starts coming down from the overbought zone.

Dear,

Thanks for sharing ur strategy with TJ Members. Time Frame is not given. Hope u have tested before putting to us. Will u mind to disclose ur experince?As trade 2be confirmed with 34 min EMA, therefore we cant do 1st trade before 10.30 hrs. If iam wrong pl excuse me. 1 doubt--point "C" under Short Trade uve stated regarding exit of long. I feel it should be point "d" under Long Trade. Pl correct me if iam wrong. Looks interesting and tempting. Now let us see how it works. Tnx again & Happy Trade.

SM

 

[linkon7]

happy trading to all....

 

[vasamihir]

is there any one on msn/yahoo messenger?

 

[puneet_gaur2k1]

yes me :

on yahoo

ID : xxxxxx

 

[vasamihir]

i guess no personal contact info is allowed

 

[vasamihir]

waiting for nifty to breach 4320 to short

 

[puneet_gaur2k1]

Hi Dear,

I am long @ 4332 with SL 4310.

3 lot mini nifty


Regards,
Puneet Gaur

 

[vasamihir]

we always trade in opp. dir. lets hope both get an exit. Trying to square at 4300.. lets see

good luck

 

[nagendra_gb]

is medium term nifty turned bullish now ? any one please throw some light