Nifty Futures Weekly And Intraday Analysis Trend Report

[bijovyppil]

have a nice break Nishikant...!!! refresh yourself

 

[dhiraj123]

nishikant bhai enjoy

 

[mayavi99]

4274 IS THE FIRST HURDLE FOR THE WEEK.
A CLOSE ABOVE 4274 WITH GREEN VOLUMES IS NEEDED FOR FURTHER UP TREND.
ABOVE 4274 RESISTANCE FOR NIFTY FUTURES IS PEGGED AT 4336 4370 - 4403 4425
MAXIMUM UPWARD RALLY EXPECTED UP TO 4403 4425 AND A STRONG REVERSAL EXPECTED FROM 4403 4425
ONLY ON A CLOSING BASIS ABOVE 4403 4425 CAN TAKE NIFTY FUT TO HIGHER LEVELS AT 4474 - 4545 4616 4686.

Nishikant's weekly first hurdle was crossed today. Let us watch for tomorrow's level.

 

[sivarajadhanavel]

Hi Viewers

SREI Infrastructure Finance Limited @71-72 for the Target of 80,86,94, 106 Sl 68
Already achived its target of 80 and 86 you can move stop loss to 80 if you want to hold or partially book profits or exit and wait for opportunities in market dip

DCHL also achived first target of 80 yesterday move stoploss to 74

Prajind already moved on from yesterdays call to 117

Unitech moved on to the target achieved

Punjlloyd achieved its target

Gitanjali gems Ltd achived its target

Sterlinbio achived target of 140 and 146 if are a investor you can buy this stock on investment account accumulate during market correction it will save you current profits

Book Profit of all this once tartget is achieved and you can move your stop loss to higher levels

Nifty small resistance is at 4600-4615 so nifty has to close above 4620 for further up move. Once crosses nifty can move upto 4900-5100 soon....

Happy day to all viewers and traders

Sivaraj
xxxxxxxxx

 

[mayavi99]

Sivraj Dhanavel, You have no right to clutter the threads of others. If you are posting something good for the TJ community, do so in the separate thread already started by you, without advertiting yourself. Cluttering the same message in different threads of others and spoiling its flow will be detrimental to your reputation.

 

[dhiraj123]

nishikant bhai please come back. you are the best.

 

[baby_ka janu]

Hello , I just started realtime Trading using technical analysis . I am a day trader and using Metastock and Veratech Data feed. I started it on 02-06-09. I am sending you an image and expecting replys.

I was just searching William %R Divergences and MACD Histogram Divergences.
I got it and traded. I booked profit all the three days .
But It can be possible I was lucky by chance.
Need your comments and Proper trading system setup help.

Graph Details

1. William %R => 28
2. William %R => 14
3. MACD Histogram => (12,26,9)
4. Nifty Future June => 5min.

 

[MurAtt]

Yes u r right -- not a fluke --- all are pos divergences ...
Also incl RSI and Slow Stoch ---

 

[amar_gr]

Hello , I just started realtime Trading using technical analysis . I am a day trader and using Metastock and Veratech Data feed. I started it on 02-06-09. I am sending you an image and expecting replys.

I was just searching William %R Divergences and MACD Histogram Divergences.
I got it and traded. I booked profit all the three days .
But It can be possible I was lucky by chance.
Need your comments and Proper trading system setup help.

Graph Details

1. William %R => 28
2. William %R => 14
3. MACD Histogram => (12,26,9)
4. Nifty Future June => 5min.

Very good going, its rare to see newbies trading intra-day with a proper trading strategy. You are indeed the right track there.

If I may ask, why do you need w%r 14 & 28 both. The 14 period to my understanding should be good, since its being used for confirming overbought & oversold zones.

May Profits be with you, always.

 

[baby_ka janu]

Yes u r right -- not a fluke --- all are pos divergences ...

May Profits be with you, always.

Thanks.
Pls tell what else I should add or study.
( My guide till now => "Trading for Living" Book by Dr. Alexander Elder )