Swing Trading for Nifty Futures

[kthakker0]

06/03/2012 Tuesday

Hi all,

With today's move of nearly 200 points in NF, tomorrow's range will be between 5391 - 5235 with 5313 as the focal point, but as long as NF is below 5280 the trend is down.

NF trading below 5235 has the possibility to reach 5195 and then 5155

NF sustaining and closing above 5280 will see the trend change.

Bye

 

[kthakker0]

07/03/2012 Wednesday

Hi all,

http://economictimes.indiatimes.com...ngh-in-shootings-row/articleshow/12178566.cms

Now due to Sonia's (Italy's influence) any tom, dick, and harry (in this case Italy's prime minister) can warn our prime minister and we have to just bear the insult, but in one way Dr Man Mohan Singh is eligible for this kind of treatment because if a person (who is a prime minister of a country) who does not respect his own country he will never get respect from any other country let alone be any tom, dick and harry.

The whole world knows that Dr Man Mohan Singh been a prime minister has never acted like one and is not in a capacity to act like one.

It needs nerves of steel and guts of a lion to handle a country like India not a sheep like Dr Man Mohan Singh.

We need some one who can stand for the respect of India but alas till now we have yet to come across some one who can defend India and let India regain it's lost credit.



Bye

 

[kthakker0]

08/03/2012 Thursday

Hi all,

Friday's range of NF is 5273 - 5195 with 5215 as the focal point, as long as NF stays above 5215 the trend more or less will give the required fill-up to rally.

It seems that much of the pain is been absorbed by the market and that market could start the rally from tomorrow on wards.

The first sign of trend change will be NF trading consistently above 5280 and close above 5280 will confirm the same.

Been a weekend the (Bhaang) hang over feeling and the spice of volatility will rule both the sides.

5235
But if we see close below 5235 then 5155 will be the next target.

When ever trend is changing there is a lot of volatility in the market where in both the sides are cut to size, till we see a winner.

Bye

 

[kthakker0]

09/03/2012 Friday

Hi all,

With NF at 5201 has achieved the target forecasted between 5280- 5235. This achievement merited a trend change.

NF opening above 5280 and more importantly above 5313 signaled that trend change has indeed taken place.

Gap up open suggests that the under current is strong for the moment and the near target is 5391 and above that the next target is 5450

5469 should act as a tough resistance for the moment

RBI announced 0.75 CRR cut and this should perhaps qualify for a gap up opening on Monday (12/03/2012)


Bye

 

[kthakker0]

12/03/2012 Monday

Hi all,

NF open + high at 5434 has met our 5391 target but is below our 5450 target

Now for the rally to move ahead has to sustain and close above 5391 and then 5450 - 5469 levels for targets well above 5700.

Budget, as per the rumors floating around, could probably the last budget of UPA before any mid-term polls could be announced.

And it's also rumored that Congress will bring the inflation down drastically then we could have ever imagined by lowering overall interest rate, as we have seen RBI cutting CRR by 0.75% which even the economist could not have not predicted, who do you think could have given the signal to RBI for the same.

I presume that stock market could rally with some constrain till the budget is out.

Time till budget will be the most testing time for every one (salaried, business man, industrialist, stock market etc) predictions will go haywire as no one is in the position to knows what will Congress do to preserve itself.

Bye

 

[kthakker0]

12/03/2012 Monday

Hi all,

Tomorrow's range is between 5430 - 5352 with 5361 as intra day trend setter NF trading above 5391 will set NF to rally for 5450-5469 levels with 5430 as resistance.


Bye

 

[kthakker0]

13/03/2012 Tuesday

Hi all,

Who will insure the insurer?

It about time that Indian's should abundant LIC as its preferred insurance company, no wonder it won't be able to honor the claims because the way it is bailing out Gov deficit by investing in it's high premium offers (ONGC) it won't have enough money left to run it own business properly.

And it still no wonder that Bharti Axa Life is bold enough to air the advt that shows that when one insurance company (read LIC) does not honor it's legitimate clients, it time to shift not only gears but also the insurance company.

Gov still has to fuel it massive debt for a populist agenda that includes fuel subsidies, food handouts and guaranteed rural wages that was made during the polls. So budget will keep anybody and everybody guessing like how RBI kept every one guessing till the time it popped out CRR cut of 0.75 all of a sudden.

This CRR was not done out of generosity but it was the year end taxing requirement that was kept in mind and with inflation flirting with crude price will not allow it cool down even in near future.

So money can only be made in a volatile market, but it can only be made when you know the trend and the levels to trade that trend.


Bye

 

[kthakker0]

13/03/2012 Tuesday

Hi all,

With today's opening above 5391 and the low at 5370 which is above our trend setter 5361 gave us confidence to trade for levels of 5469 which is today's high, (forecasted yesterday) till the time of this writing.

Buying NF at or above 5391 for levels between 5450 - 5469 gave us a neat 60-70 points trade profit today.

If NF sustains and trades above 5469 then the next target is 5550.

5469
Now with NF trading above 5469 my near target is 5490-5510

Bye

 

[kthakker0]

14/03/2012 Wednesday

Hi all,

NF has achieved all our targets till 5550 and now we need to see weather the rally will continue or will we see a fall.

For now 5491 could act as a support.


Bye

 

[anil.kut]

hi all,

I want pl have suggestion/comments on my following strategy for trading nifty future only.

In uptrend mkt buy just 10-20 points below R1, exit after 10-20 pts gain.
again if trend is up, sell at R2 and exit 10-20 pts below.
keep SL 20 pts on both.

similarly for down trend.

I have experienced 90% trade on positive side. on 40 days 3 trade has trigger SL.

although I am gaining through this strategy, your valuable ideas are important to me.

pl do post your views.
:clapping: