Nifty Futures Weekly And Intraday Analysis Trend Report

DO YOU THINK MY INTRADAY & WEEKLY PREDICTIONS FOR NIFTY FUTURES ARE ACCURATE?

  • ITS RELIABLE..... TECHNICAL SUPPORT / RESISTANCE DO EXIST....!

    Votes: 11 100.0%
  • NOT RELIABLE....ITS LIKE LOOKING FOR NIFTY LEVELS BY LOOKING AT A CRYSTAL BALL... !

    Votes: 0 0.0%
  • SOMEHOW THE LEVELS SEEM TO WORK... BUT I AM NOT CONVINCED....!

    Votes: 0 0.0%

  • Total voters
    11
  • Poll closed .
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Nishikant

Well-Known Member
Nifty Futures Intraday Trend Analysis & Trading Calls For 11-06-09




HARI OM​

:thumb:​


NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 11-06-09




UPWARD VIEW OF NIFTY FUTURES:-


NIFTY FUTURES HAS FAILED TO CLOSE ABOVE 4666.


4666 IS THE SAME LEVEL MENTIONED IN THE WEEKLY TREND REPORT OF NIFTY FUTURES.


ABOVE 4666 NIFTY FUTURES WILL FACE RESISTANCE AT 4681 4710 REGION.


NIFTY FUTURES WILL FACE 1st HURDLE AT 4710.


BUT A MOVE PAST 4710 WILL TAKE NIFTY FUTURES TO 4733 4739 REGION.


4733 4739 WILL BE A MAJOR OBSTACLE FOR THE NIFTY FUTURES AND THE TREND IS LIKELY TO REVERSE FROM HERE.


BUT SUSTAINING ABOVE 4733 4739 REGION WILL TAKE NIFTY FUTURES TO 4768.


4768 IS THE MAXIMUM FOR TOMORROWS INTRADAY SESSION AND KINDLY EXIT LONG IN CASE 4768 IS HIT



DOWNWARD VIEW OF NIFTY FUTURES:-



NIFTY FUTURES HAS CLOSED ABOVE THE 4645 REGION.


SO FOR TOMORROW 4645 WILL ACT AS THE TREND DECIDER FOR THE ENTIRE INTRADAY SESSION.


BULLS WILL REMAIN ACTIVE TILL 4645 REMAINS INTACT.


BUT A BREACH OF 4645 WILL TAKE NIFTY FUTURES TO 4624 4602 4580 REGION.


1st INTRADAY BOUNCE BACK REGION IS PLACED AT 4624.


IF 4624 IS BREACHED AND IF NIFTY FUTURES FAILS TO HIT BACK FROM 4624 THEN IT WILL HIT THE LOWER REGIONS MENTIONED ABOVE.


4580 IS TODAYS INTRADAY LOW AND IT IS AVERY CRUCIAL SUPPORT FOR TOMORROWS INTRADAY SESSION.



IF 4580 - 4577 IS CRACKED THEN NIFTY FUTURES WILL SLIDE DOWN FURTHER TO 4562 4544 ZONE.


2nd INTRADAY BOUNCE BACK REGION IS PEGGED AT 4544.


BREACH OF 4544 AND NIFTY FUTURES CAN HIT FURTHER LOWER REGION AT 4508.



TRADING CALLS FOR 11-06-09



RIL BUY 2321 S/L 2309 TGT 2338 2351 2363 & SELL 2304 S/L 2315 TGT 2297 2282 2268



PUNJ LLOYD BUY 228 S/L 222 TGT 232 238 & SELL 221 S/L 224 TGT 218 211



DLF BUY 402 S/L 399 TGT 406 411 419 427 & SELL 398 S/L 401 TGT 392 386 380 375



NTPC BUY 220 S/L 217 TGT 223 228 & SELL 216 S/L 219 TGT 215 210



RCOM BUY 348 S/L 345 TGT 352 357 361 365 & SELL 344 S/L 347 TGT 340 334 328


HAVE A NICE TRADING SESSION FOR TOMORROW



GANPATI BAPPA MORYA :)



HARI OM


REGARDS,
NISHIKANT K. HADGE
 
great job Nishikant!

its gud to see u here after yesterdays.....mess by "engineman"
i thought todays intraday low 2 be 4590......as yesterday i was expecting a fall of 60-65 points
thanks moderator of Traderji for sorting out the issue

keep it up nishikant!.....ur doin very gud work
 

Nishikant

Well-Known Member
Net Connection Was Down, Just Logged In Now






NIFTY FUTURES WILL FACE RESISTANCE AT 4681 4710 REGION.




DOWNWARD VIEW OF NIFTY FUTURES:-



NIFTY FUTURES HAS CLOSED ABOVE THE 4645 REGION.


SO FOR TOMORROW 4645 WILL ACT AS THE TREND DECIDER FOR THE ENTIRE INTRADAY SESSION.


BULLS WILL REMAIN ACTIVE TILL 4645 REMAINS INTACT.


BUT A BREACH OF 4645 WILL TAKE NIFTY FUTURES TO 4624 4602 4580 REGION.


1st INTRADAY BOUNCE BACK REGION IS PLACED AT 4624.


IF 4624 IS BREACHED AND IF NIFTY FUTURES FAILS TO HIT BACK FROM 4624 THEN IT WILL HIT THE LOWER REGIONS MENTIONED ABOVE.


4580 IS TODAYS INTRADAY LOW AND IT IS AVERY CRUCIAL SUPPORT FOR TOMORROWS INTRADAY SESSION.



IF 4580 - 4577 IS CRACKED THEN NIFTY FUTURES WILL SLIDE DOWN FURTHER TO 4562 4544 ZONE.


2nd INTRADAY BOUNCE BACK REGION IS PEGGED AT 4544.


BREACH OF 4544 AND NIFTY FUTURES CAN HIT FURTHER LOWER REGION AT 4508.





HARI OM DEAR FRIENDS :thumb:


AS MENTIONED YESTERDAY NIFTY FUTURES MADE A LOW AT THE BOUNCE BACK REGION OF 4624 AND FROM THERE RALLIED UP TO 4680.


RALLIED 56 POINTS FROM THE DAY LOW. AND THEN FROM 4680 REVERSED ITS TREND TO MAKE A NEW INTRADAY LOW OF 4591.


"4681 - 4710" WAS THE RESISTANCE MENTIONED. AND INDEED NIFTY FUTURES REVERSED FROM 4680.


THE 1st BOUNCE BACK REGION AND 1st RESISTANCE BOTH BANGED AS MENTIONED IN THE INTRADAY TREND REPORT :clap:





""FOR THE REMAINING TRADING SESSION""


CRUCIAL SUPPORT IS PEGGED AT 4578


"IF 4578 IS BREACHED THEN FURTHER FALL UP TO 4563.50 - 4536 NOT RULED OUT"


IMMEDIATE RESISTANCE IS PEGGED AT 4625 - 4646.


HAVE A NICE TRADING SESSION.


I HOPE MY ANALYSIS WAS USEFUL TO YOU ALL.


I WONT BE THERE FROM NOW ON.


I WILL RESUME IN THE EVENING TODAY.


THE ISP GUY IS DOING SOME MAINTENANCE WORK SO MY NET CONNECTION WILL BE DOWN FOR ANOTHER THREE HOURS.



TAKE CARE EVERYONE.


GANPATI BAPPA MORYA :)


HARI OM


REGARDS,
NISHIKANT K. HADGE
 
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WOD

Well-Known Member
Not a good day for me as far as trading is concerned. I lost my sinc up with market after 12 pm and hence despite having accurate levels from Nishikant went in loss.

Anyways here is my trade summary...

went long from 4633 and squared off at 4653......profit of 20 points

went long from 4613 and covered at 4593 by stop loss....loss of 20 points....

went short at 4629 and covered at at 4649 by stop loss....loss of 20 points...

Went long at 4649 and still holding the position overnight.......

Total loss of 20 points, all by stop loss........

Sorry Nishikant......could not take advantage of your levels today....
 

WOD

Well-Known Member
To columbs,

I saw your post under a thread (I dont recollect it though), wherein you are mentioning that doing part time day trading and doing a regular full time job is like sailing on two boats......I am realizing this now.....a meeting or that kind of thing at job really destroys your sinc up from market resulting in losses for you...It has happened quite few times with me.....but will to success in this profession has always kept me going on despite of all the obstacles and losses...


Swing trading is what ideal solution could be for me......but I am not comfortable with gapups and gap down openings (they have caused me lot of pain in the past).....

Bottom line is that...I should be doing swing trading rather than day trading but is there any way I could manage gap ups and gap down openings?

To Nishikant,

Can you help us out in this case? Using your analysis and experience can you tell if we can keep our position(buy or sell) overnight depending upon the point of close?

Your accurate predictions (analysis), could really help us if you could make us suggestion about keepin overnight position for the next day, either in market hours or after the market hours....


Thanks......
 

columbus

Well-Known Member
To columbs,

I saw your post under a thread (I dont recollect it though), wherein you are mentioning that doing part time day trading and doing a regular full time job is like sailing on two boats......I am realizing this now.....a meeting or that kind of thing at job really destroys your sinc up from market resulting in losses for you...It has happened quite few times with me.....but will to success in this profession has always kept me going on despite of all the obstacles and losses...


Swing trading is what ideal solution could be for me......but I am not comfortable with gapups and gap down openings (they have caused me lot of pain in the past).....

Bottom line is that...I should be doing swing trading rather than day trading but is there any way I could manage gap ups and gap down openings?

To Nishikant,

Can you help us out in this case? Using your analysis and experience can you tell if we can keep our position(buy or sell) overnight depending upon the point of close?

Your accurate predictions (analysis), could really help us if you could make us suggestion about keepin overnight position for the next day, either in market hours or after the market hours....


Thanks......
Hi WOD,

Yes ,once I wrote it in Rajendrani's thread "Trading as a part time profession"
For day trading is a full profession.Don't try to club both day trading with
your permanent job.Keep it up my friend.For those people Swing Trading is
good with small lots and smaller profits.
 

Nishikant

Well-Known Member
NIFTY FUTURES INTRADAY TREND ANALYSIS AND TRADING CALLS FOR 12th JUNE 2009





HARI OM
:thumb:


NIFTY FUTURES INTRADAY TREND ANALYSIS AND TRADING CALLS FOR 12th JUNE 2009



IMPORTANT KINDLY READ ( FOR WOD & EVERYBODY IN TRADERJI) :-


NIFTY FUTURES HAS FAILED TO CLOSE ABOVE 4666.FOR THE SECOND TIME SINCE YESTERDAY


THE CLOSE WAS 4660.55 & TODAYS CLOSING PRICE IS 4642.50


DOES IT MEAN THAT THE UPSIDE IS CAPPED??????



""TOMORROW BEING THE LAST DAY OF THE WEEK & THE LAST DAY OF THE TRADING SESSION, IT IS CRUCIAL FOR THE NIFTY FUTURES TO GIVE A CLOSE ABOVE 4666"""





UPWARD VIEW OF NIFTY FUTURES



4666 HAS NOW BECOME THE TREND DECIDER FOR TOMORROWS INTRADAY SESSION.


BULLS WILL REMAIN ACTIVE ONLY IF NIFTY FUTURES TRADES AND SUSTAINS ABOVE 4666 WITH GREEN BUYING VOLUMES.



ABOVE 4666 RESISTANCE IS PEGGED AT 4690 4713 & 4735



4735 IS THE MAXIMUM FOR TOMORROWS INTRADAY TRADE AND A STRONG REVERSAL IS EXPECTED TO HAPPEN FROM THIS POINT OF 4735.




DOWNWARD VIEW OF NIFTY FUTURES:-



SINCE 4666 IS THE TREND DECIDER FOR TOMORROW, BULLS SHOULD BE ABLE TO HOLD NIFTY FUTURES ABOVE 4666.


FAILURE TO SUSTAIN ABOVE 4666 WILL TAKE NIFTY FUTURES TO 4646 4625.


THE 1st BOUNCE BACK REGION IS PLACED AT 4625.


""THIS IS A RARE SCENARIO. THE SAME REGION OF 4625 HAPPENS TO BECOME THE BOUNCE BACK REGION FOR THE 2nd TIME FOR THE NEXT DAYS TRADING SESSION""


BREACH OF 4625 WILL TAKE NIFTY FUTURES TO 4608 4591.


4591 HAS BEEN TODAY'S INTRADAY LOW AND NIFTY FUTURES BOUNCED BACK STRONGLY FROM THIS REGION.


SO THE SAME 4591 WILL ACT AS A STRONG SUPPORT FOR TOMORROWS INTRADAY SESSION.


UNABLE TO HOLD ABOVE 4591 AND NIFTY FUTURES WILL SLIDE DOWN TO 4577 - 4564


INTRADAY BOUNCE BACK REGION IS NEVER IN A BAND. IT IS A INDIVIDUAL DIGIT. FOR TOMORROW THE 2nd INTRADAY BOUNCE BACK REGION WILL BE IN A BAND.


THE 2nd INTRADAY BOUNCE BACK REGION IS PLACED WITHIN THE BAND OF 4577 - 4564 AND NIFTY FUTURES SHOULD HARDLY HIT BACK FROM HERE.



FAILURE TO HIT BACK FROM 4577 - 4564 WILL TAKE NIFTY FUTURES TO 4536.




( FOR WOD & FOR ALL, ANOTHER IMORTANT THING:- )


IN CASE THE MARKET CORRECTS TOMORROW, NIFTY FUTURES HAS TO GIVE A MINIMUM CLOSE ABOVE 4577 FOR THE TREND TO REMAIN UP FOR THE NEXT WEEK



TRADING CALLS FOR 12th JUNE 2009


RIL BUY 2309 S/L 2297 TGT 2319 2340 & SELL 2392 S/L 2304 TGT 2287 2266


RPOWER BUY 194 S/L 192 TGT 197 200 & SELL 191 S/L 193 TGT 189 185


EKC BUY 228 S/L 223 TGT 235 246 & SELL 221 S/L 225 TGT 215 205



SESA GOA BUY 193 S/L 188 TGT 199 207 & SELL 187 S/L 190 TGT 182 176 170


DLF BUY 392 S/L 389 TGT 396 400 405 409 & SELL 387 S/L 391 TGT 385.50 382.50 377 372


REDINGTON BUY 264 S/L 260 TGT 270 276 & SELL 259 S/L 263 TGT 255 251.


HAVE A NICE TRADING SESSION FOR TOMORROW


GANPATI BAPPA MORYA :)


HARI OM :)



REGARDS,
NISHIKANT K. HADGE
 
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