16 Nov

Stop and Reverse SAR 5202
NiftyFuture 5078

Resistance
5140
Support
5020
HappyTrading

15 Intra Descending Triangle in Nifty , Broken downside !

Shorted 5160  TSAR pass 5160  Target  5101
Long from 5160  SAR pass 5141. -19
Short from 5141  SL 5140.05  Target 5101.
Booked50%profit 5105. +36
Remaining 50% booked 5101. +40
Net  -19+38= +19 

15 Nov

Stop and Reverse [SAR] 5225.
NiftyFuture 5156

Resistance
5210
Support
5100
HappyTrading

14 Intra

Long 5223  SAR pass 5212. -11
Short 5212 SAR 5228.05
Booked 50% @ 5180. +32 
Reamining 50% booked @ 5162. +50.
Net -11+41= +30

Fallen back into Previous Range !

Nifty after Upside breakOut 5200 on 25 Oct 2011, expected to touch Trendline Resistance 5500.

But Surprisingly has gone upto 5400 only !

Retraced back into Previous Trading Range 5200 and 4720.

Another close below 5200 will confirm the Bearishness !

11 Intra, Narrow Range !

Long 5185  SAR 5161 
Booked 50% 5205. +20
Remaining 50% TSL pass 5191. +6
Net +13

11 Nov

Stop and Reverse [SAR] 5247. 
 NiftyFuture[5237]

Resistance
5290
Support
5180
HappyTrading