Nifty Futures Weekly And Intraday Analysis Trend Report

[WOD]

Following are gonna be my trades for the week based on levels given by Nishikant.....I am applying here filter of 15 points....

Going Long:

Case I:

go long if nifty trade above 4568 keeping stop loss of 4553.......

resistence levels for nifty are 4618 4653 4666 ( apply trailing stop loss at 4603, 4638, 4651 according to entry level above 4568).....

4653 is major resistence level for NF.....book profits if nifty doesnt sustain above this point....

hold long position if nifty trades above 4653....

Case II:

go long above 4668 keeping stop loss of 4653..........

book profits around 4715 if nifty doesn't sustain above 4715.....

if nifty trades above 4715, apply trailing stop loss of 4700 book profits for the week at 4764 ...


Going short:

Case I:

go short if nifty trades below 4568 keeping a stop loss of 4573........

book profit at 4520 if nifty takes support at this point...

if nifty trades below 4520, hold the short position and apply stop loss of 4535.....

Case II:

below 4520....next support of nifty is placed at 4485 4447 4418(apply trailing stop loss at 4500, 4452, 4433)

book profit at 4387 if nity takes support at this point........

if nifty trades below 4387 then apply trailing stop loss of 4402.......

book profit for the week 4327


I am urging Nishikant and other seniors to give suggestion on my plan....I am gonna be running like an automatic trading robot on this plan literally shutting down my brain:lol:

 

[Nishikant]

BANK NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 8th TO 12th JUNE 2009

HARI OM ​

:thumb:​

BANK NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 8th TO 12th JUNE 2009

WEEKLY UPWARD VIEW OF BANK NIFTY FUTURES​

BANK NIFTY FUTURES HAS CLOSED BELOW 7344.


"WEEKLY TREND DECIDER OF BANK NIFTY FUTURES IS PEGGED AT 7307 - 7344"


IF BANK NIFTY FUTURES SHOWS AN UPTREND IT WILL FACE 1st RESISTANCE AT 7307 7344 REGION.


THERE WONT BE ANY FURTHER UPTREND IN BANK NIFTY FUTURES IF IT DOES NOT CLOSE AND SUSTAIN ABOVE 7344 WITH HUGE GREEN VOLUMES.


A MOVE PAST 7344 WILL TAKE BANK NIFTY FUTRES TO 7417.


7417 WILL ACT AS THE SECOND HURDLE.


ABOVE 7417 BANK NIFTY CAN RALLY UP TO 7472 - 7527.


BULLS WILL FACE MAJOR OBSTACLE AT 7527.


IF BULLS WANT TO TAKE BANK NIFTY FUTURES HIGHER THEN THEY WILL HAVE TO TAKE BANK NIFTY FUTURES PAST 7527 ON A CLOSING BASIS OR ELSE A REVERSAL IN TREND IS EXPECTED FROM 7527.


SO FOR FURTHER UPTREND A CLOSE ABOVE 7527 WITH HUGE GREEN VOLUMES IS A MUST.


ONLY ABOVE 7527 BANK NIFTY FUTURES CAN RALLY UP TO 7630 7746

WEEKLY DOWNWARD VIEW OF BANK NIFTY FUTURES:-​

BANK NIFTY HAS CLOSE BELOW 7344.


THIS IS THE 1st SIGN OF WEAKNESS


7255 7200 IS THE IMMEDIATE SUPPORT FOR BANK NIFTY FUTURES.


7200 IS THE 1st BOUNCE BACK REGION FOR BANK NIFTY FUTURES.



UNABLE TO SUSTAIN AND CLOSE ABOVE 7200 WILL TAKE BANK NIFTY FUTURES TO 7119 7035.


SINCE 7035 IS THE LOW MADE THIS WEEK IT SHOULD REMAIN INTACT BUT A BREACH OF 7035 WILL TAKE BANK NIFTY FUTURES TO 6967 6899.


2nd WEEKLY BOUNCE BACK REGION IS PLACED AT 6899.


IN CASE OF MAJOR SELL OFF BANK NIFTY FUTURES HAS TO BOUNCE BACK FROM 6899 OR ELSE IT MAY SLIDE DOWN FURTHER TO 6831 6763.


HAVE A NICE TRADING SESSION FOR THE COMING WEEK


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[mayavi99]

Welcome back Nishikant. Great to be seeing you here in action again.

 

[rag_bh]

Welcome back Nishikant, Hope you had a nice vacation
This is thread is back to life now. :clap:

 

[Nishikant]

Nifty Futures Intraday Trend Analysis & Trading Calls For 08-06-09

HARI OM​

:thumb:


NIFTY FUTURES INTRADAY TREND ANALYSIS AND TRADING CALLS FOR 08-06-09



UPWARD VIEW OF NIFTY FUTURES:-​

"NIFTY FUTURES CLOSING PRICE OF 4592 HOLDS MAJOR SIGNIFICANCE FOR THE BULLS FOR TOMORROWS INTRADAY SESSION"


DURING INTRADAY ON MONDAY NIFTY FUTURES WILL HAVE UPTREND ONLY IF IT TRADES AND SUSTAINS ABOVE 4592.


ABOVE 4592 INTRADAY RESISTANCE IS PEGGED AT 4612 4635.


4635 WILL ACT AS A MINOR HURDLE.


A MOVE PAST 4635 WILL TAKE NIFTY FUTURES TO 4653.60


"4653.60 WILL ACT AS A MAJOR BARRIER FOR THE BULLS.
SUSTAINING ABOVE 4653.60 WILL TAKE NIFTY FUTURES TO 4674.50 4695.30"

DOWNWARD VIEW OF NIFTY FUTURES:-​

SINCE 4592 HOLDS SIGNIFICANCE FOR THE BULLS IT WILL ACT AS A TREND DECIDER.


FAILURE TO TRADE ABOVE 4592 WILL TAKE NIFTY FUTURES TO 4560 4534.


AS MENTIONED IN THE WEEKLY TREND REPORT, 4568 4560 HOLDS CRUCIAL FOR THE COMING WEEK AND IT WILL ACT AS A STRONG SUPPORT


A CLOSE BELOW 4568 - 4560 OR INABILITY TO SUSTAIN ABOVE 4568 - 4560 WILL BE A SIGN OF WEAKNESS FOR THE NIFTY FUTURES TO MOVE UPWARDS.


A CRACK AT 4568-4560 WILL TAKE NIFTY FUTURES TO 4534.


INTRADAY BOUNCE BACK ZONE IS PLACED AT 4534


UNABLE TO SUSTAIN ABOVE 4534 WILL TAKE NIFTY FUTURES TO 4508.

TRADING CALLS FOR 08-06-09​

RIL BUY 2233 S/L 2222 TGT 2247 2260 2286 2313 & SELL 2217 S/L 2229 TGT 2199 2181 2162 2143


ABAN OFFSHORE BUY 1250 S/L 1220 TGT 1272 1295 1322 1350 & SELL 1212 S/L 1230 TGT 1194 1175 1138 1100


BAJAJ HIND BUY 205 S/L 197 TGT 210 215 222 230 & SELL 195 S/L 201 TGT 190 185 178 170


ICICI BANK BUY 758 S/L TGT 749 TGT 764 775 & SELL 747 S/L 756 TGT 742 733


REL INFRA BUY 1247 S/L 1240 TGT 1259 1272 1296 1321 & SELL 1237 S/L 1244 TGT 1218 1199 1183 - 1167


HAVE A NICE TRADING SESSION TOMORROW


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[heeemz]

Re: Nifty Futures Intraday Trend Analysis & Trading Calls For 08-06-09

Nishikant:

Welcome back...

In last few weeks market has moved UP quite a bit, what is your view on Nifty Future from positional trade perspective... ??

Please suggest...

Cheers,

Heems

 

[Nishikant]

Positional

Nishikant:

Welcome back...

In last few weeks market has moved UP quite a bit, what is your view on Nifty Future from positional trade perspective... ??

Please suggest...

Cheers,

Heems

HARI OM HEEMZ BHAI :thumb:


"I WOULD TAKE A FRESH SHORT ON THE NIFTY FUTURES AT A HIGHER ZONE FROM HERE"


BUT FOR THAT I WILL WATCH SPOT NIFTY.


I WILL WAIT FOR THE SPOT NIFTY TO MOVE UP TO 4780 - 4813 REGION.


AND THE MOMENT SPOT NIFTY REACHES 4780 - 4813, I WILL SHORT NIFTY FUTURES AT WHATSOEVER PRICE IT IS.




"MY STOP LOSS FOR THE NIFTY FUTURES WOULD BE IN ACCORDANCE WITH SPOT NIFTY'S CLOSING PRICE"


I WILL COVER SHORT IN NIFTY FUTURES BY MAINTAINING A STOP LOSS OF 4861 OF THE SPOT NIFTY ON A CLOSING BASIS.


THIS IS THE STRATEGY I AM LOOKING FORWARD FOR.


NOW TILL SPOT NIFTY SUSTAINS ABOVE AND CLOSES ABOVE 4547, ONE CAN EXPECT A RALLY UP TO 4780 - 4813 IN THE NEAR TERM.



"BUT FOR THIS WEEK 4750 IS THE MAXIMUM I SEE FOR SPOT NIFTY AND 4764 FOR THE NIFTY FUTURES"


ANY FURTHER UPTREND WOULD HAPPEN ONLY ON A CLOSING BASIS ABOVE THE MENTIONED LEVELS.


I HOPE THIS INFORMATION WOULD BE USEFUL.


HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[nagendra_gb]

hi sir ur report for dlf for intraday please

 

[arunm]

Dear Nishikanth,

Excellent predication . Now it reached 3534 now what will be the levels

 

[Nishikant]

4555

Dear Nishikanth,

Excellent predication . Now it reached 3534 now what will be the levels

HARI OM :thumb:


NOW NIFTY FUT WILL FACE IMMED RES AT 4555 - 4573

ABOVE 4573 THE MAJOR HURDLE IS 4592 AND ABOVE 4592 IMMED HURDLE PEGGED AT 4612 - 4633 - 4651


IMMEDIATE SUPPORT IS PEGGED AT 4508 - 4499 - 4474.


"BELOW 4592 NIFTY FUTURES FELL SHARPLY TO MAKE A INTRADAY LOW OF 4523.70"


AS MENTIONED IN THE WEEKLY TREND REPORT OF NIFTY FUTURES,



WEEKLY 1st BOUNCE BACK ZONE MENTIONED WAS 4520, CAN CROSS VERIFY BY CLICKING ON THE LINK BELOW



http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-65.html


"NIFTY FUTURES INTRADAY LOW IS 4523.70 SO THIS LEVEL HOLDS MAJOR SIGNIFICANCE"



A BREACH OF THIS LEVEL DURING INTRADAY OR ON A CLOSING BASIS IS AN UNFAVORABLE VIEW.



HAVE A NICE TRADING SESSION


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE