Quantitative Analysis of Nifty

[timepass]

SL triggered, book loss

Now what's the next trade ?

 

[msa5678]

Now what's the next trade ?

Next trade will be on Monday .

 

[QuantNifty]

Thanks MSA for replying

No calls to trade for Monday

Market Snapshot May 20, 2011
Nifty clocked intraday volatility of 1.56%, which is lower than the long term average. Immediate support level lies at 5440 and resistance level lies at 5525 respectively. FII's bought INR 2255.82 and sold INR 2437.37 crores, whereas DII's bought INR 1406.18 and sold INR 1007.99 crores in the cash market respectively. Indian rupee weakened by INR 0.16 vis-a-vis USD.
Nifty Put Call Ratio is at 0.925
S1 S2 S3 R1 R2 R3
5,440 5,394 5,355 5,525 5,564 5,610
5D MA 13D MA 50D MA 90D MA 200D MA
5,455 5,501 5,667 5,590 5,756

 

[timepass]

No calls to trade for Monday

Why? Uncertainty prevails ??

 

[QuantNifty]

Hi Timepass, I generally follow my model with no human emotion as I found it to be quite good. Though we know market sentiment is negative right now but I generally dont follow any human interaction during trading. So in terms of sentiment its negative but you never know when inflection point comes

QuantNifty

 

[QuantNifty]

Nifty clocked intraday volatility of 1.56%, which is lower than the long term average. Immediate support level lies at 5354 and resistance level lies at 5438 respectively. FII's bought INR 1959.21 and sold INR 2252.77 crores, whereas DII's bought INR 1070 and sold INR 875.78 crores in the cash market respectively. Indian rupee weakened by INR 0.24 vis-a-vis USD.

Nifty Put Call Ratio is at 0.842

Call for May 24, 2011
Initiating a Short Trade with SL 5452
Optimal Short Level from 5405 till 5384 & Optimal Square Off Level 5357

 

[QuantNifty]

Lacklusture trade, can roll over position depending upon risk appetite

 

[QuantNifty]

Nifty clocked intraday volatility of 1.03%, which is lower than the long term average. Immediate support level lies at 5367 and resistance level lies at 5422 respectively. FII's bought INR 2539.94 and sold INR 2351.78 crores, whereas DII's bought INR 778.17 and sold INR 745.22 crores in the cash market respectively. Indian rupee strengthen by INR -0.06 vis-a-vis USD.
Nifty Put Call Ratio is at 0.838

Call for May 25, 2011
Initiating a Short Trade with SL 5422
Optimal Short Level from 5414 till 5392 & Optimal Square Off Level 5365

 

[QuantNifty]

Target Achieved for Traders took position yesterday, today market opened below optimal points

 

[QuantNifty]

Nifty clocked intraday volatility of 1.13%, which is lower than the long term average. Immediate support level lies at 5322 and resistance level lies at 5382 respectively. FII's bought INR 2614.34 and sold INR 2985.13 crores, whereas DII's bought INR 946.27 and sold INR 766.86 crores in the cash market respectively. Indian rupee weakened by INR 0.16 vis-a-vis USD.
Nifty Put Call Ratio is at 0.795
Initiating a Short Trade with SL 5389
Optimal Short Level from 5368 till 5346 & Optimal Square Off Level 5320