Swing Trading for Nifty Futures

[kthakker0]

27/02/2012 Monday

Hi all,

Bonus is one word which is heard mostly on Diwali or when targets are achieved.

But in stock market we can here them frequently, only if have those special ears

NF trading below 5352 was a bonus for me.

NF closing below 5352 will trigger another fall tomorrow and hopefully we will achieve our target between 5280 - 5235.

Bye

 

[kthakker0]

27/02/2012 Monday

Hi all,

I doubted that NF would not trade below 5352 but it proved me wrong and that's how I got the Bonus when I sold NF @ 5350 for my target of 5332 where I squared it and again I got chance to repeat the trade @ 5354 to cover @ 5330.

LTP 5327 indicates that tomorrow our target between 5280-5235 should be achieved.

Bye

 

[kthakker0]

28/02/2012 Tuesday

Hi all,

Today's high should not cross 5450 as over all trend is negative

As history repeats itself so will yesterday's levels, it seems that today's working would be like yesterday's mirror image

But always use your judgment as market always shows some sign before any big changes are going to happen.

NF has to reach between 5280-5235 before any rally can happen

Bye

 

[kthakker0]

28/02/2012 Tuesday

Hi all,

Today's mirror effect happened perfectly with yesterday's different levels giving sell signals and those same levels gave intraday buy signals today.

Till this time NF has not crossed 5450 which is an assumed top for today and NF below 5469 is a sell signal and a stop loss for all long

5430 will work as support or resistance role for some time.

NF trading below 5430 could trade the remaining part of the day between 5420 - 5371 with 5391 turning to be a support at lower levels.

Bye

 

[kthakker0]

28/02/2012 Tuesday

Hi all,

We have a gap at 5487 made on Friday

Tomorrow 5488 could be reached if NF manages to trade above 5469 and the gap will be closed.

Close above 5445 should make it easy to trade higher tomorrow

Today's range made it an inside day.

Tomorrow's range is between 5488-5332 with 5430 will again play support / resistance part with 5391 as a support area.

Bye

 

[kthakker0]

29/02/2012 Wednesday

Hi all,

By now most of guys are smart enough to understand the market, it's signals and the levels that I give over here to trade to your advantage.

Today's NF levels are no different then that of Monday's

Bye

 

[kthakker0]

29/02/2012 Wednesday

Hi all,

With the verdict of a hung UP assembly out in the open, stock market has started showing signs of cracking albeit slowly.

This could grow worse by looking at a huge premium that NF is trading at currently, and if it cracks substantially then it can surpass 5230 and reach 5150 levels as well.

Bye

 

[kthakker0]

29/02/2012 Wednesday

Hi all,

5469 going forward will play support / resistance just like 5430

Tomorrow's range is 5547 - 5391

Market is trying to buy out time till Election, Budget and Credit Policy decisions are out it is only after these important events that this market will work normally

Right now the market is been played by bulls with bears trying to nibble what ever and when ever they can.



Bye

 

[kthakker0]

01/03/2012 Thursday

Hi all,

OP below 5430 suggests that NF is breaking slowly n steadily

We are receiving one bad news after the other, yesterday it was hung assembly and new there are also some indications that RBI may not cut any rates due to sticky inflation situation, this will make Banks and Bank Nifty volatile or lead them to a one way trend

Since NF has gone below 5391 the new range is between 5391 - 5235 but we have 5313 as a strong support.

Bye

 

[kthakker0]

27/02/2012 Monday

Hi all,

Today we had the following levels to trade

5469 = To short
5430 = To cover
Below 5430 = Short again
5391 = To cover
Below 5391 = Short again
5371 = to cover
Below 5371 = short again
5351 = To cover

Going by the above those who did the trades would have traded more then 120 points in NF today.

As said only levels work

Bye

The above levels was followed on 27/02/2012 and followed the same levels yesterday and am following them today.

Bye