MySAR for 5th May







Levels to watch
Nifty Future - intraday resistance are : 7755, 7770, 7785, 7805, 7820, 7835
Nifty Futue - intraday support are : 7720, 7705, 7690, 7675, 7660, 7645


Bank Nifty future - intraday
Bank Nifty future - intraday supports are : 16435, 16480, 16525, 16565, 16610, 16655, 16695
Bank Nifty future - intraday supports are : 16345, 16305, 16265, 16225, 16185, 16145, 16105

 For Positional traders : For those who trade like Investors





Weekly SAR Levels
Security
Hige
Low
Close
MySAR
5-EMA
High-EMA
Low-EMA
Nifty
(Future)
7949.95
7725.00
7732.75
7638.41
7782.74
7913.19
7698.73
BankNifty
(Future)
16820.00
16333.10
16360.70
15833.45
16396.65
16669.49
16042.35

Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
7352.67
7577.62
7655.18
7802.57
7880.13
8027.52
8252.47
BankNifty (Future)
15530.80
16017.70
16189.20
16504.60
16676.10
16991.50
17478.40

Daily MySAR Levels For Future Segment :

Daily MySAR Levels For Cash Segment :


For other Nifty 50 (future) scrips click link :






Do not enter into a trade without referring past data. It will save your trade from catching the running train.
If  the price of the scrip ran up or down too much during last few days, please please do not take fresh entry either of short or long otherwise it will be considered as catching of  running train and in such cases price in near future may move against expectations resulting into losses. Better wait for breach of MySAR_A level for fresh trade......
Patience pays...........
Presently holding Position :


-----------------------------------------------------------
Trades triggered on 4th May



1. NF STBT at 7885…………………………covered at 7755 (+ 130 points)
2. NF (2L) short at 7757……………………covered at 7737 (+ 20 points)
3. NF shorts of 7757………………………..covered at 7767 (- 10 points)
4. NF Long at 7767………………………….booked at 7783 (+ 16 points)
5. NF (2L) short at 7774…………………….covered at 7740 (+ 34 points)
6. NF shorts of 7774………………carried as stbt
Total gains …………………………(+ 190 points)




1. BNF stbt at 16585………………………….covered at 16400 (+ 185 points)
2. BNF long at 16434…………………………booked at 16465 (+ 31 points)
3. BNF long at 16478………………………….booked at 16523 (+ 45 points)
4. BNF (2L) short at 16485…………………...covered at 16422 (+ 63 points)
5. BNF short at 16405…………………………covered at 16350 (+ 55 points)
6. BNF short at 16485……………......carried as stbt
Total gains ……………………………..(+ 379 points)


For messages on NF, BNF & scrips click :  
http://mytradingmyscrips.blogspot.in/p/messages.html

Three Thumb Rules for intraday trading :
(1) Always trade only at the levels given.
(2) Keep booking profits without missing a winning opportunity.
(3) And once in profit, trail stop loss to the entry level to protect the capital funds.
Wish you all happy and profitable trading ahead……
==============================================================
Updated upto 4th May
Following are the trades triggerd as per MySAR levels for Nifty and BankNifty. Calculation of only one lot has been taken into consideration. As per the technique, if Two or more lots are traded and partial profit is booked in between considering daily as well as weekly pivots and ema numbers, and go on riding the trend as the levels, then  overall profit would have remained fantastic….