Swing Trading for Nifty Futures

[Aditya.ambasta]

kthakker0 leave it man
Eagleone is newbie i think t8s y behave like this
n bro you well know wt u r:thumb: :clapping:
so please ignore t8 post n keep it up:clapping::clapping::clapping::clapping::clapping:

 

[kthakker0]

31/1/2012

Hi all,

I forgot to give today's range which is between 5195 - 5117

NF was suppose to retrace after reaching below 5080, but it has happened before reaching 5080.

So now I presume that...

NF should see selling pressure above 5166 levels, the top line is 5190 which I presume should (and will) not be breached as we have our 5080 level to be reached yet.

My downward target, if NF closes below 5080, is 5022 from where, (I presume) we should see a rally between 5156 - 5166

People could happily go short again from levels above 5166 if they have missed the fall for target of 5080 and below.

NF could see a hang over of rally and price may get stuck at higher levels, but never the less we should see a fall

Happy Trading

 

[sudris]

kthakker,

good to see your post again....critics are part of life, just ignore the ones that seem not beneficial.

please do carry on with your great levels and analysis.

 

[kthakker0]

31/1/2012 Tuesday

Hi all,


NF made me scratch my head once again

Thing that was suppose to happen on Monday like, NF retracing from lower level like, below 5156 to the high of 5190 happened Today (31/1/2012)

Thing that was suppose to happen Today (31/1/2012) Tuesday like, NF breaking 5156 and reaching 5080, (almost) happened on Monday

I feel like I am swirling within this whirlpool but still in command as atleast we all know what is or will happen to some extent so that we can cover our loss immediately (if any)

Any way's 5156 has proved it's worth and

Since our today's range was between 5195 -5117 I had presumed (but not stated as I was not sure) that NF could flirt around 5170 - 5180 giving minor cardic shocks to short sellers during that time.

I presume that NF trading above 5195 could reach 5207 (but am not sure)

Tomorrow's range is same as today 5195 - 5117

Indian market could depend on world markets cues for tomorrows working.

But one thing is certain that close below 5156 should see 5080

Now we can all see for certain that the retracement from lower levels (5100) has almost erased the fall (As stated in one of my previous thread which was suppose to happen any way)

Additions

5217-5220 is the strong resistance going forward but if we see a close above that then the whole equation would change and (as stated previously) 5300 could become a reality sooner then later.


Happy Trading.

 

[kthakker0]

31/1/2012 Tuesday

Hi all,

People who reads my threads, knew that a retracement was suppose to happen, in fact I was not sure weather it would close above the strong resistance of 5220

But

NF close above 5220 has changed the whole equation with 5300 becoming a stalk reality.

Tomorrow's new range is 5273 - 5117 with strong support between 5156 - 5176 and 5195 is tomorrows focal point.

Now it will be very difficult to close below 5156 which should be your stoploss of longs

I presume that NF trading below 5220 will be seen as an opportunity to add long for 2 upper levels 5255 and 5275 for an ultimate target level of 5300-5315-5335

It was not a Happy Trading session for Short Sellers.

But this is how each and every stock market around the world works someone's loss is someone's gains.

Happy Trading

 

[trader_boy]

31/1/2012 Tuesday

Hi all,

People who reads my threads, knew that a retracement was suppose to happen, in fact I was not sure weather it would close above the strong resistance of 5220

But

NF close above 5220 has changed the whole equation with 5300 becoming a stalk reality.

Tomorrow's new range is 5273 - 5117 with strong support between 5156 - 5176 and 5195 is tomorrows focal point.

Now it will be very difficult to close below 5156 which should be your stoploss of longs

I presume that NF trading below 5220 will be seen as an opportunity to add long for 2 upper levels 5255 and 5275 for an ultimate target level of 5300-5315-5335

It was not a Happy Trading session for Short Sellers.

But this is how each and every stock market around the world works someone's loss is someone's gains.

Happy Trading

exactly we gotta forget the losses and move on...lets see which way market goes tomorrow ....
n good work with the levels....really helpful!

 

[kthakker0]

01/02/2012 Wednesday

Hi all,

I just got time from my other work to see where is my NF is standing, and Oh boy I was happy to see it working as per the forecast.

I hope all who reads my thread(s) have earned vitamin "M" today and are happy, but as I was tied with some other work I was not so fortunate today to earn nor could write any thing.

But fee-kar not, for hope is pop (Baap) of every one. I also ride on hope's shoulder to catch up for things that are left out.

Tomorrow's range is 5195 - 5275 with 5235 as the focal point and a strong support.

If NF breaches or opens above 5275 then the new range will be between 5275 - 5350 NF between 5315 - 5318 is not only the focal point but also a resistance which if not crossed will become too strong to cross over.

NF above 5318 could reach 5335 which is the second tough resistance, NF @ 5350 will see many shorts been added with 5375 as the ultimate shorting level

I see two levels of NF 5318 and 5373 from where NF can retrace but I am not sure which one, the most obvious or trader friendly level could be 5350

Happy Trading

 

[kthakker0]

02/02/2012 Thursday

Hi all,

The SC verdict has taken out some momentum from the rally, NF which was suppose to reach at least 5315-5318 can be said to have stalled for some time.

I presume that 5235 is a strong support that will / should be held for today, on which the momentum has to sustain for NF to reach at least above 5300, in this kind of situation my level is 5315-5318.

I'll think of going short only above 5315 as it's the target that I feel has to be reached before any fall takes place.

Lets see how the market wobbles today.

 

[kthakker0]

02/02/2012 Thursday

Hi all,

This wobbling has really taken the wind out of every one today, when the SC verdict came out sellers were convinced of the downfall and then when the market rallied they had a question mark. Bulls faced the same situation after SC verdict.

Tomorrow's range is 5315 - 5235 the focal point and strong resistance is 5275 which has to be breached to reach 5293 and then 5312

Tomorrow 5273, 5293 and 5312 are the most potent levels for rally to go forward.

It is increasingly becoming evident that 5315-5318 could be the high for this rally before a fall takes place.

Tomorrow, what ever high price NF prints above today's high, and if during the market hours NF does not trade above it, the same shall be deemed as the high for this rally.

Happy Trading.

 

[kthakker0]

02/02/2012 Thursday

Hi all,

Trading activity that will happen on Feb 8, 9 and 10 are important, as trading during those 3 days will shape the future course of trend.

Nifty trading on SGX has two trading time frame
1> 9.00 am - 6.10 pm High reached 5307
2> 7.15 pm - 2.00 am High reached 5312

Seeing these levels gives me more comfort in believing that my forecasted levels will be achieved.

NF trading above 5315-5318 could reach 5330 from where NF can reverse. Lets see what happens tomorrow.

Happy Trading