1 March Past Performance

NiftyFuture 5439
Stop and Reverse SAR 5431
TrendReversal Down below 5431.

Resistance
5510
5472
Support
5407 
5375
HappyTrading

Past Performance
Feb12
1= +11
2= -7
3= +33
6= No trade
7= -5
8= -15
9= -10
10= -20
13= No trade
14= -9
15= +45
16= +15
17= +14
21= No trade
22= +65
24= No trade
27= +45
28= 0
29= No trade
 Total= +162 [16 trades,Only Directional calls]
During the days, when Nifty calls were not given,Stock calls given with 90% accuracy ! 

2011
Jan= +452
Feb= +610
Mar= +422
Apr= +375
May= +515
June= +165
July= +265 
Aug= +505
Sep= +305
Oct= +478
Nov= +498
Dec= +154
2012
Jan= +329
Feb= +162 

29 Feb, Bullish Harami

NiftyFuture 5441
Stop and Reverse SAR 5430.
Trend Reversal Down below 5430.

Resistance
5500
5470
Support
5415
5385
HappyTrading 

Bulls have managed to pull back the Upside Momentum with much vengeance! Today formed BullishHarami in EOD charts,a Bullish trend reversal sign ! Tomorrow Bulls should be able to sustain & close above 5460,then only we will once again be in BullOrbit ! Otherwise, 5240 would be the target for bears !

28 Intra
Shorted 5429  SL 5445.05  Target  5380.
Exited 5428 Cost to cost.

28 Feb

Stop and Reverse SAR 5430
Trend Reversal Up above 5430
NiftyFuture 5338.

Resistance
5420
5380
Support
5300
5250
HappyTrading 

I already told u all yesterday, this southward momentum would continue towards 5335 or 5245 ! 5335 already done! 5240 seems to be the next Strong support ! 

27 Intra

Shorted 5454  SL  5474.05  Target 5402  5375. [dayLow 5326]
Booked 50% 5415. +39
Remaining50% booked 5402. +52.
Net +45 

AhmedForge bought 165  SL 163 Booked @ 174. +9
Q500.
TataMotors Sold 257.5  SL pass 259. -1.5
Q300

27 Feb

NiftyFuture 5487
Stop and Reverse SAR 5470
Trend Reversal Down below 5470.

Resistance
5546
5517
Support
5457
5428
HappyTrading 

Now the roaler coaster has been on the bears side ! How far Nifty dips remains to be seen,my gut feel is that this southward momentum continues upto 5340 or 5245 in panic ! Perhaps these levels may offer an opportunity to buy stocks, i feel this would have been the correction only, may not be the entire trend reversal, it should be decided by the market itself ! Though, We have always been on Right side as usual.

24 Feb

NiftyFuture 5539
Stop and Reverse SAR 5465
Trend Reversal down 5465.

Resistance
5590
5563
Support
5515
5490
HappyTrading 

23 Feb Expiry day.

NiftyFuture 5518.
Stop and Reverse SAR 5464.
Trend Reversal Down below 5464.

Resistance
5590
5554
Support
5482
5448
Happy Trading

Today Sold 5500 Call @ 130 [bought @ 65 on 16nth Feb]

Finally,Bears have managed to close it below 5560,after a sharp rally from 4538! Looks like Trend Reversal or only a Correction ! Whatever it might be,we follow our SAR. Trend Followers only win the Markets.Tomorrow Trading below 5560,a trend reversal sign !

Hara Hara Mahadeva Sambho Sankara

21 Feb

NiftyFuture 5590
Uptrend started from 4706 on 03 Jan12 as per my SAR.
Stop and Reverse SAR 5422.
Trend Reversal down below 5422.

Resistance
5620
5605
Support
5575
5560
HappyTrading 

Bulls have been successful in their efforts in keeping the momentum going forward, giving no chance to the bears.On 17nth Feb 12, eod candle formed, being a gap away doji .On Tuesday, Bulls should protect the crucial support 5560, to continue their winning streak towards 5700. Otherwise,If trades & closes below 5560, then the doji will become Evening star a reliable trend reversal pattern,giving a chance for bears to make a trend reversal.

17 Intra

Long 5588  SL 5570  Target  5650.
Booked 50% 5620. +32
Remaining 50% SL pass 5570. -18
Net +14 

17 Feb

NiftyFuture 5538
Stop and Reverse SAR 5392.
Trend Reversal Down below 5392.
Uptrend Started from 4706 [3rd Jan 2012] as per my SAR. 

Resistance
5563
5550
Support
5526
5510
HappyTrading 


After a huge upmove, a resting day eventually  falls in NR7 & InsideBar with a doji, Bulls have been exhausted a little bit, leaving the bears in No action zone, though! One can Expect another Trendy or Volatile day within couple of days ! Always follow my SAR to reap maximum benifit !


Nifty says:

16 Intra Today NR7 & InsideBar !

Long 5522  TSL pass 5519. -3
Short 5519   SL 5537
Booked @ 5502. +17
Net +15.
Bought FCH [Quantity 500] 149. Sold 153. +4
Bought Rcom [Quantity 500] 102.8 Sold 102.5.  -0.3

Bought 5500 Call  65 holding for Target ??? 

16 Feb

NiftyFuture 5552.
Stop and Reverse SAR 5362.
Trend Reversal Down below 5362.

Resistance
5600
5575
Support
5530
5500
HappyTrading 

15 Intra

Long 5485 SL 5470  Target  5520  5540.
Booked 50% Profit 5520. +35
Remaining 50% booked  5540. +55 
Net +45 

15 Feb

NiftyFuture 5440.
Stop and Reverse SAR 5330.
Trend Reversal Down below 5330. 

Resistance
 5472
5456
Support
5424
5408
HappyTrading 
if trades above 5456  Target 5520  5540. 

14 Intra NR7

Short NF 5420 TSL pass 5427. -7
Long BankBaroda 830, Booked 840. +10
Long TataMotors 263, Booked 271. +8

14 Feb

NiftyFuture 5418
Stop and Reverse SAR 5310.
Trend Reversal down below 5310.

Resistance
5460
5440
Support
5400
5375
HappyTrading

13 Feb

NiftyFuture 5398
Stop and Reverse SAR 5291.
Trend Reversal Down below 5291.

Resistance
5450
5425
Support
5372
5347
HappyTrading

Expanding Triangle getting expanded by making upside False Breakouts everyday,  what is in store remains to be seen ! Nifty closes with an Insidebar on 10nthFeb12,If trades & closes below 5332, then only a sign of correction, otherwise, ride the trend, would be the best strategy, though the Bull rise has been overstreched in Overbought zones !

10 Feb Insidebar !

NiftyFuture 5437
Stop and Reverse SAR 5271.
Trend Reversal Down below 5271.

Resistance
5490
5462
Support
5412
5386
HappyTrading

Though HangingMan & BearishEngulfing candles formed, but low of those candles 5332 not breached.
Hence the bullishness prevailed ! Unable to give Intra Buy call due to PC technical problem, but mentioned & told to some clients on phone, above 5415  Target 5450. [Dayhigh 5452.]

9 Feb

NiftyFuture 5388
Stop and Reverse SAR 5242.
Trend Reversal Down below 5242.

Resistance
5432
5410
Support
5366
5344
HappyTrading

Inside Bar in Spot Nifty, Expanding Triangle in NiftyFuture, Break below 5340, One can expect Freefall 

 

8 Intra

Long 5415 SL pass 5400.  -15

8 Feb HangingMan followed by Bearish Engulfing !

NiftyFuture 5355.
Stop and Reverse SAR 5215.
Trend Reversal Down below 5215.

Resistance
5400
5375
Support 
5335
5315
HappyTrading

Yesterday Hanging man followed by Today BearishEngulfing in EOD charts ! Both Reliable bearish candles 
Tomorrow Expecting correction below 5332. 

7 Feb

NiftyFuture 5367
 [Trend Reversal from bearish to bullish,happened On 3rd Jan 12, @ 4706, till now Bullishness continued]

Stop and Reverse SAR 5191
Trend Reversal Down below 5191.

Resistance
5403
5385
Support
5350
5330.
HappyTrading 

No Intracall given on 6th Feb12. 

Sintex Excellent Investment bet !

One can accumulate Sintex [101] on Every decline around 85 to 90 for One year Target 250.

3 Intra, Ascending Triangle broken upside !

Short 5275  SL pass 5286.  -11
Long 5300 SL 5280. Target  5333  5360.
Booked 50% 5333. +33
Remaining 50% booked 5355. +55
Net -11+44= +33

2 Intra

Long 5286 TSL pass 5279. -7

2 Feb

NiftyFuture 5262.
Stop and Reverse SAR 5097.
Trend Reversal down below 5097.[Positional]

Resistance [Intra 2 Feb]
5315
5290
Support
5235
5210
Happy Trading

Delta Corp Inverse Head & Shoulder

Delta Corp: Inv Head and Shoulder, Ready for Breakout.
Close above 78  Target 100 [Positional]
For Intraday above 78  SL 77 Target 83.

1 Feb

Long 5200  SL pass 5186. -14
Long 5240 SL 5220. Target  5260 5280.
Booked 50% 5260. +20
Remaining 50% booked 5270. +30 
Net -14+25= +11