MySAR for 24th June



O Lord, make me an instrument of  peace;  
where there is hatred, let me sow love....
where there is injury, pardon.....,where there is doubt, faith;
where there is despair, hope.....,where there is darkness, light; 
And.......where there is sadness, joy.......!!!!!
 





For Nifty future MySAR may derive at 5317 for Monday……Daily HighEMA(5399).........Low EMA(5301)....
Weekly High EMA.(5551)....Weekly Low EMA (5339)...... 
For Bank Nifty future MySAR may derive at 10521 for Monday……Daily HighEMA(10708) &..........Low EMA(10514).......
Weekly High EMA.(10941)....Weekly Low EMA (10517).........


Herohonda has strong resistance at 1858.........may zoom above this level......if crosses with volume.
ICICIBank in future is heading to 1090........can be bought at dip to 1050...........
Bank nifty has made double top. If manages to cross 10830/10850 with volume, it may get more upside therefrom.........
Yes Bank in cash has resistance at 304/305.........crossing this with volume it may zoom...........
BOB in future has strong resistance at 872............if manages to cross this with conviction, it may zoom

Jet airway in future if manages to close above 472.........it may get more upside.......may set target of 482/492/502......


Do click the following link :
(updated on 17.06.2011)

Watch How Much Positional Trader has earned......... 
   
Daily MySAR Levels For Future Segment : 


As per MySAR levels,  positionally short in Nifty  from 5470 since 15th June............
And in Bank Nifty positionally short from 10680 since 15th June.
Booked partially in both.......on 20th June.
Today covered our remaining lots of Bank Nifty at 10520 and reversed the trade for long.
For Nifty still carry short position for rest of the lots.                                                                     

Security
High
Low
Close
MySAR_A
5-EMA
High-EMA
Low-EMA
Nifty (F)
5337.00
5263.20
5316.20
5311.32
5321.02
5354.15
5284.92
Bank Nifty (F)
10569.00
10445.95
10541.10
10493.48
10540.79
10625.78
10465.54
ACC
964.40
949.40
953.60
950.60
955.92
966.75
944.77
Ambujacem
128.00
125.40
126.60
126.98
127.70
130.02
125.97
BHEL
1917.10
1894.50
1899.10
1898.98
1913.53
1929.79
1894.46
Cipla
323.00
315.50
316.60
319.74
321.72
326.31
317.70
DrReddy
1499.95
1481.10
1486.15
1495.23
1507.66
1523.90
1488.68
Gail
441.90
436.80
438.15
435.41
438.39
443.61
434.90
HINDALCO
168.95
165.35
167.25
169.26
169.70
172.60
167.35
ICICIBANK
1037.50
1017.10
1031.50
1018.69
1028.39
1039.52
1015.68
JindalSteel
617.80
606.00
615.90
615.73
620.59
627.36
611.79
KOTAK BANK
437.40
428.00
434.70
432.55
436.10
442.52
431.38
PNB
1050.95
1035.00
1039.35
1035.53
1040.22
1051.85
1034.50
RANBAXY
517.10
506.35
512.85
521.06
523.27
532.02
517.53
RELINACE
873.00
846.95
870.45
862.48
865.50
877.73
851.98
Sail
133.70
129.00
132.20
133.50
133.49
136.09
131.72
SBIN
2178.60
2139.25
2165.20
2163.36
2173.59
2204.49
2149.82
Siemens
854.95
845.50
847.30
849.47
853.51
862.67
845.18
TataMotors
954.50
930.30
946.90
952.93
952.78
966.61
941.95
TCS
1099.00
1072.15
1095.55
1098.18
1103.16
1122.58
1085.61
Tisco
563.40
555.05
558.55
558.13
561.07
567.79
556.91
WIPRO
408.60
401.00
405.90
404.25
405.97
410.95
400.44
BIOCON
342.00
330.70
340.80
344.72
345.48
351.09
340.67

For other Nifty 50 (future) scrips click link :
http://mytrading4mystocks.blogspot.com/
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...........

For detailed Daily & Weekly MySAR Levels as well as Pivots,


Pivot Levels to be used on 24th June

 
Daily MySAR Levels For Cash Segment :


Scripts to watch on 24th June : ACC, Axisbank, Bajaj-Auto, Bhel, DLF, DrReddy, HCLTech, HDFCBank, ICICIBank, Infosys, KotakBank, Maruti, MM, ONGC, Ranbaxy, Reliance, SBI, Sesagoa, Sterlite, Sunpharma, TataMotors, TCS, Tisco, Wipro, Biocon

Three Thumb Rules : (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……….