Nifty Futures Weekly And Intraday Analysis Trend Report

[Nishikant]

4529 & From There Zoomed Like A Rocket

HARI OM

​

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 15-06-09​

NIFTY FUTURES HAS CLOSED AT 4588.

UPWARD VIEW OF NIFTY FUTURES​

FOR TOMORROWS INTRADAY SESSION NIFTY FUTURES WILL HAVE TO MOVE PAST 4596 - 4605 TO MOVE UPWARDS.


ABOVE 4596 4605, ACTUAL UPTREND WILL BEGIN ONLY IF NIFTY FUTURES MANAGES TO SUSTAIN ABOVE 4621 REGION.


""SO THE PRIMARY UP TREND IN NIFTY FUTURES WILL BEGIN ABOVE 4621 ONLY"""


ABLE TO SUSTAIN ABOVE 4621 WILL TAKE NIFTY FUTURES TO 4638 4653.



NIFTY FUTURES MAY REVERSE FROM 4653 AND SELLING MAY BE WITNESSED AROUND 4653 BUT IF NIFTY FUTURES SUCCEEDS TO TRADE ABOVE 4653 THEN IT WILL RALLY UP TO 4676 AT EASE.



MAJOR HURDLE IS PLACED AT 4676 4686. THIS BAND OF 10 POINTS WILL ACT AS A STRONG HURDLE FOR THE NIFTY FUTURES TO MAKE FURTHER UP MOVE.


A MOVE PAST 4676 4686 WILL TAKE NIFTY FUTURES TO 4719 REGION.


NOTE :- FOR TOMORROW A MINIMUM CLOSE ABOVE 4663 WILL MAKE A STRONG POSITION FOR THE BULLS

DOWNWARD VIEW OF NIFTY FUTURES​

IN THE WEEKLY TREND ANALYSIS REPORT I HAVE MENTIONED THAT NIFTY FUTURES WILL REMAIN STRONG ONLY IF IT SUSTAINS ABOVE 4582.


FOR TOMORROW THE SAME 4582 REGION HOLDS SIGNIFICANCE FOR THE BULLS.


IF 4582 IS BREACHED THEN NIFTY FUTURES WILL TAKE SUPPORT AT 4551 4530 REGION


INTRADAY BOUNCE BACK REGION IS PLACED AT 4530 REGION


FAILURE TO HIT BACK FROM 4530 MAY TAKE NIFTY FUTURES TO 4505 4489.


NOTE :- FOR TOMORROW, IN CASE NIFTY FUTURES CORRECTS THEN IT SHOULD NOT CLOSE BELOW 4505 OR ELSE BEARS ARE LIKELY TO MAKE A GOOD COMEBACK.






REGARDS,
NISHIKANT K. HADGE

HARI OM DEAR FRIENDS :thumb:


""""""4530 WAS THE 1st BOUNCE BACK REGION MENTIONED IN THE INTRADAY TREND REPORT OF NIFTY FUTURES""""""""


NIFTY FUTURES MADE A INTRADAY LOW OF 4529 AND FROM THERE BOUNCED BACK SHARPLY TO MAKE A HIGH OF 4601.60 :clap:


NOW 4596 - 4605 REGION IS CRUCIAL TO BE TAKEN OFF ON THE UPSIDE.


UNLESS AND UN TILL NIFTY FUTURES DOES NOT MAKE A STRONG GROUND ABOVE 4596 - 4605 REGION, FURTHER UPTREND WILL BE A QUESTION????


I HOPE MY PRE MARKET ANALYSIS WAS USEFUL TO YOU ALL.


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

As Mentioned In The Morning, Nifty Futures Could Not Hold Above 4596 - 4605 Region

HARI OM DEAR FRIENDS :thumb:


NOW 4596 - 4605 REGION IS CRUCIAL TO BE TAKEN OFF ON THE UPSIDE.


UNLESS AND UN TILL NIFTY FUTURES DOES NOT MAKE A STRONG GROUND ABOVE 4596 - 4605 REGION, FURTHER UPTREND WILL BE A QUESTION????

HARI OM DEAR FRIENDS :thumb:


AS MENTIONED IN THE MORNING, NIFTY FUTURES COULD NOT HOLD ABOVE 4596 - 4605 REGION AND MADE WAY FOR THE BEARS.



RIL PLAYED SPOIL SPORT, IT LOST ITS CASE AGAIN RNRL AND DRAGGED THE MARKET DOWN



MARKET NEEDS A REASON TO CRACK AND RIL BECAME THE REASON.



IN THE DOWNWARD VIEW OF NIFTY FUTURES, WRITTEN IN THE """"INTRADAY TREND ANALYSIS OF NIFTY FUTURES""""" FOR TODAY, BELOW 4582, THE LAST SUPPORT FOR TODAY WAS MENTIONED AT 4489.


NIFTY FUTURES MET THE LAST SUPPORT AT 4489.


""""LAST 15 MINUTES LEFT. KEEPING MY FIGURES CROSSED, I HOPE NIFTY FUTURES MANAGES TO CLOSE ABOVE THE MINIMUM SAFER ZONE OF 4506""""


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Re: Two Order Types

For the first quote from rag_bh : This is actually placing 2 orders and then cancelling one if the other one gets executed (that is why double margin) -- Right?

For Nishikant : Same question rephrased becuase dbl margin not applicable - Would the second order get cancelled automatically if one of the orders get executed?

Thanks for bearing my pestering :smile:

HARI OM :thumb:


MURTUZA BHAI. ODIN 9.10 OFFERS YOU THE CHOICE TO KEEP THE STOP LOSS & THE SELL ORDER AFTER YOU BUY A STOCK & VICE VERSA.


BUT THE MOMENT EITHER ONE OF THE ORDER i.e THE STOP LOSS OR THE SELL ORDER GETS EXECUTED, YOU WILL HAVE TO MANUALLY REMOVE THE OTHER UNEXECUTED OR PENDING ORDER AS IT DOES NOT GET CANCELLED AUTOMATICALLY.


I HOPE THIS INFORMATION WOULD BE HELPFUL


REGARDS,
NISHIKANT K. HADGE

 

[MurAtt]

So its basically like --- I buy 100 RIL @ 2170 and the place a sq off SL order at 2150 AND simultaneously place a sell order (new) at 2250.

Any one gets executed, the other u cancel automatically!!!

Yes brokerage will be a bit increased bcoz of 2 orders getting executed.
Also here as well as in ODIN --- say SL hit first then price moves to other order before u can cancel -- then Zee Boom Ba ....

 

[Nishikant]

So its basically like --- I buy 100 RIL @ 2170 and the place a sq off SL order at 2150 AND simultaneously place a sell order (new) at 2250.

Any one gets executed, the other u cancel automatically!!!

Yes brokerage will be a bit increased bcoz of 2 orders getting executed.
Also here as well as in ODIN --- say SL hit first then price moves to other order before u can cancel -- then Zee Boom Ba ....

HARI OM :thumb:

MURTUZA BHAI, IF THE S/L ORDER GETS HIT FIRST, THEN YOU WILL HAVE TO CANCEL THE SELL ORDER MANUALLY OR IF THE SELL ORDER GETS HIT FIRST, THEN YOU WILL HAVE TO CANCEL THE STOP LOSS MANUALLY.


THE CANCELLATION OF THE SECOND PENDING ORDER DOES NOT HAPPEN " AUTOMATICALLY " IT HAS TO BE DONE " MANUALLY ".


BROKERAGE WILL BE CHARGED FOR ONLY ONE EXECUTED ORDER BECAUSE YOU WILL DEFINITELY CANCEL THE SECOND PENDING ORDER, ONCE THE 1st ORDER IS EXECUTED.


YOUR BROKERAGE WILL INCREASE ONLY IF YOU FORGET TO CANCEL THE SECOND PENDING ORDER, AFTER ONE OF THE ORDERS GET EXECUTED BECAUSE THAT WILL BE CHARGED AS A DOUBLE TRANSACTION.



THE OTHER PART THAT YOU HAVE MENTIONED ABOVE "say SL hit first then price moves to other order before u can cancel"


DID NOT UNDERSTAND THAT PART??????


REGARDS,
NISHIKANT K. HADGE

 

[arunm]

Re: As Mentioned In The Morning, Nifty Futures Could Not Hold Above 4596 - 4605 Regio

HARI OM DEAR FRIENDS :thumb:


AS MENTIONED IN THE MORNING, NIFTY FUTURES COULD NOT HOLD ABOVE 4596 - 4605 REGION AND MADE WAY FOR THE BEARS.



RIL PLAYED SPOIL SPORT, IT LOST ITS CASE AGAIN RNRL AND DRAGGED THE MARKET DOWN



MARKET NEEDS A REASON TO CRACK AND RIL BECAME THE REASON.



IN THE DOWNWARD VIEW OF NIFTY FUTURES, WRITTEN IN THE """"INTRADAY TREND ANALYSIS OF NIFTY FUTURES""""" FOR TODAY, BELOW 4582, THE LAST SUPPORT FOR TODAY WAS MENTIONED AT 4489.


NIFTY FUTURES MET THE LAST SUPPORT AT 4489.


""""LAST 15 MINUTES LEFT. KEEPING MY FIGURES CROSSED, I HOPE NIFTY FUTURES MANAGES TO CLOSE ABOVE THE MINIMUM SAFER ZONE OF 4506""""


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

Closed on 4499 can market bounce back tommorrow?

Regards

Arun

 

[Nishikant]

Nifty Futures Closed Below 4506

After the close above 4506 hope market can bounce back tommorrow

Regards

Arun

HARI OM ARUN BHAI :thumb:


BAD NEWS NIFTY FUTURES SHOT UP IN THE LAST FIVE MINUTES FROM 4489 TO 4520 BUT HAS FAILED TO CLOSE ABOVE 4506.


NIFTY FUTURES HAS CLOSED BELOW THE 4506 MARK.


IT HAS CLOSED AT 4499.80


REGARDS,
NISHIKANT K. HADGE

 

[amolkulkarni]

HARI OM :thumb:

MURTUZA BHAI, IF THE S/L ORDER GETS HIT FIRST, THEN YOU WILL HAVE TO CANCEL THE SELL ORDER MANUALLY OR IF THE SELL ORDER GETS HIT FIRST, THEN YOU WILL HAVE TO CANCEL THE STOP LOSS MANUALLY.


THE CANCELLATION OF THE SECOND PENDING ORDER DOES NOT HAPPEN " AUTOMATICALLY " IT HAS TO BE DONE " MANUALLY ".


BROKERAGE WILL BE CHARGED FOR ONLY ONE EXECUTED ORDER BECAUSE YOU WILL DEFINITELY CANCEL THE SECOND PENDING ORDER, ONCE THE 1st ORDER IS EXECUTED.


YOUR BROKERAGE WILL INCREASE ONLY IF YOU FORGET TO CANCEL THE SECOND PENDING ORDER, AFTER ONE OF THE ORDERS GET EXECUTED BECAUSE THAT WILL BE CHARGED AS A DOUBLE TRANSACTION.



THE OTHER PART THAT YOU HAVE MENTIONED ABOVE "say SL hit first then price moves to other order before u can cancel"


DID NOT UNDERSTAND THAT PART??????


REGARDS,
NISHIKANT K. HADGE

Nishikant sir
will u please give me view on tommrows market as i have bought the nifty future at 4507 will it go up to at least 4550 please reply

 

[Nishikant]

RSI (Relative Strength Index) In Short

Dear Nishikant,

I am new 2 this forum. I find from last few threds that u r very accurate and from complements paid 2 U by other members its clear how indispensible u r for most of us. i shall start 2 follow u regular basis but dont know how much justice i would be able to do 2 ur efforts. ur charts r beautiful & useful but iam not in position 2 understand fully. will u take time 2 explain how 2 read? i know RSI but not prop(?). pl give link as u gave for Doji. i should be pardoned for my silly questions. God Bless U & Happy Trade. thanks for ur tireless effots for benefit of novices like us.

SM

HARI OM MR. SIBUMAJUMDAR :thumb:


IT TOOK SOME TIME TO REPLY TO YOUR POST. BUT HERE IS THE LINK FOR "RSI" IN SHORT. I HOPE IT WOULD BE USEFUL TO YOU.



http://www.onlinetradingconcepts.com/TechnicalAnalysis/RelativeStrengthIndex.html


TAKE CARE


REGARDS,
NISHIKANT K. HADGE

 

[WOD]

It was a descent trading session for me..pocketed 15 points today..here is my trade summary....

squared off Fridays long position at 4560....loss of 28 points
went short at 4555 and squared off at 4512....gain of 43 points....

went long on nifty at 4504 and keeping the position overnight (may have done a mistake)......

Thanks Nishikant....