1 Dec

Stop and Reverse SAR 4881.
Trend Reversal Up above 4881.

NiftyFuture 4832.
Resistance
4890
Support
4770
If trades above 4890, Target 5000. 
HappyTrading

30 Past Performance !

Today Sold 4777  SL 4790.05  Target  4730.
Exited 4763 to avoid whipsaws from Gdp news. +14 

Nov 2011 Performance
1=+50
2=+45
3=+41
4=+2
8=+63
9=+28
11=+13
14=+30
15=+19
16=+33
17=+17
18=+3
21=+46
22= -49
23=+40
24=+37
25=+37
28=+45
29= -14
30=+14
Total Cumulative profit in Nov [2011] = +498 points.

Performance in 2011 
Jan= +452
Feb= +610
Mar=+422
April=+375
May=+515
June=+165
July=+265
Aug=+505
Sep=+305
Oct=+478
Nov=+498 

30 Nov

Stop and Reverse SAR 4885.
Trend Reversal Up above 4885.

NiftyFuture 4817.
Resistance
4880
Support
4780
If trades above 4880  Target 5000.
If trades below 4780  Target  4700.
HappyTrading

29 Intra Descending Triangle FalseBreakdown !

Sold 4870  SL pass 4880. -10
Sold 4808  TSL pass 4812. -4
Net -14
Cumulative Profit in Nov = +498-14= +484 
Descending Triangle FalseBreakdown as 4780 acted as Strong Support ! 

 

29 Nov

Stop and Reverse SAR 4900.
Trend Reversal Up above 4900.

NiftyFuture 4870 
Resistance
4925
Support
4800
Already mentioned previousday,  
above 4780  Corrective Pullback Rally upto 5000 ? [but the only Concern is Low volumes ! 4780 should act as Stoploss for positional players]
HappyTrading

28 Intra, Insidebar given Upside Breakout,with Low volumes concern !

Long 4795  SL 4775  Target 4860. [Dayhigh 4874]
Booked 50% 4820. +25 
Remaining 50% booked 4860. +65
Net +45 
Cumulative Profit so far in Nov = +453+45= +498 

Nifty Target 3800 Positional ! Sell on Rallies !

Earlier, Many times mentioned in my blog, reg Nifty Target 3800 !
A Strong Gap 3800 to 4000, being maintained since May 2009,when Congress Govt came into power !
that gap filling should be inevetible !
I already told u all, about this, when Major Uptrendline has been broken !
This is another reminder reg Nifty Targets !
Its better to loose an Opportunity than to loose money !
I always believe only in technicals !