MyTrading Technique: MySAR for 6th December

Today’s Trading potentialies (breakout system) for 6th Dec.

Nifty Future above 6305...may reach 6320/6335/6350/6365

Nifty Future below 6270...may reach 6255/6240/6225/6210

Bank Nifty future above 11735...may reach 11775/11820/11855/11875/11915/11960/11995/12030

Bank Nifty future below 11625...may reach 11595/11555/11510/11470/11425/11375/11345/11310

For Positional traders : For those who trade like Investors

TechM in cash can be bought @ around 1660 with sl of 1647
...may reach 1693 and 1703
ICICIBank in cash be bought @ around 1124 with sl of 1112
... may reach 1152 and 1160
Reliance in cash can be bought with support of 870 and 851
...may reach 881 and 893
TataSteel in cash can be bought with sl of 409
...may reach 433 and 440
TataMotors in cash can be bought with sl of 377
... may reach 404 and 413

Scrips to be watched - Future Segment
ACC	above	1131	Below	1111/02
Axisbank	above	1261	Below	1234/31
BajajAuto	above	1966/75	Below	1940
DLF	above	161	Below	154
DrReddy	above	2451	Below	2430
HCLTech	above	1115/18	Below	1104/1096
HDFC	above	835	Below	829
HDFCBank	above	695	Below	685
ICICIBank	above	1145	Below	1131/21
KotakBank	above	772/81	Below	767/64
LT	above	1096	Below	1069
M&M	above	956	Below	946
Maruti	above	1721	Below	1689/81
PNB	above	591	Below	581/571
RelCap	above	394	Below	387/84
RELinfra	above	443	Below	439/437
SBI	above	1876	Below	1854/45

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Weekly Pivot Levels

Security

W-S3

W-S2

W-S1

W-Pivot

W-R1

W-R2

W-R3

Nifty (Future)

5954.58

6111.58

6195.77

6268.58

6352.77

6425.58

6582.58

BankNifty (Future)

10420.68

10986.18

11356.37

11551.68

11921.87

12117.18

12682.68

Daily MySAR Levels For Future Segment :

http://www.4shared.com/file/H7YdxgKN/MySAR_for_6th_Dec___Future_seg.html

Daily MySAR Levels For Cash Segment :

http://www.4shared.com/file/aQJAxYPN/MySAR_for_6th_Dec__Cash_segmen.html

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Don't miss to watch: updated upto 14th November
To watch the performance of MySAR :
click :

http://mytrading4mystocks.blogspot.in/p/performance.html
(updated upto 14th November)

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 :

BNF long (10035) (3L) : Booked at 10140, 10500, 10005 (Fully booked)
(540 points booked)

NF Long (5897) (4L+ 1L) : Booked at 5935, 5965, 6000, 6005, 6220 (fully booked)

(640 points booked)

BNF long (10051) (3L) : Booked at 10101, 10220, 10830 (Fully booked)
(998 points booked)

NF shorts (6170) (3L) : Covered at 6130, 6070, 6130 (Fully booked when it crossed MySAR)

(booked 180 points)

But at the close again taken positional shorts at 6080 for One lot only

BNF shrots (10980) (3L+ 1L@ 10860) : covered at 10940, 10860, 10660, 10870)
(Fully booked at the crossing of MySAR and near to ORB high)

NF shorts (6080) (1L) : Covered at 6170 (Fully with loss of 90 points due to gap up opening)

NF long (6171) : Booked at 6205, 6230, 6135

(booked 58 points)

BNF long (10870) : Booked at 11000, 10970, 10830

(booked 190 points)

NF shorts (6080) (3L+1L @6049) : Covered at 6050, 6015, 5985, 6085

(fully booked on 25th Nov.)

(Booked 154 points)

BNF shorts (10830)(3L+1L @ 10820) : Covered at 10770, 10710, 10685, 10851 (fully booked on 25th Nov.)

(Booked 356 points)

NF long (6085) (3L) : Booked at 6125, 6100, 6110 (fully booked at expiry)

(Booked 80 points)

BNF shorts (10890)(3L) : Booked at 10975, 11135, 11020 (fully booked at expiry)

(Booked 440 points)

NF long (6155) (1L+ 2L @ 6175) : 6220, 6265, 6320 (fully booked)

(Booked : 300 points)

BNF shorts (11015, )(1L + 2L @ 11155) : 11220, 11400, 11660 (fully booked)

(Booked : 955 points)

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Trades triggered on 5th Dec.

1. PNB (F) long taken at 585………………booked at 594 (4500 profit)

2. ACC (F) long taken at 1122.50…………booked at 1126 (875 profit)

3. TechM (F) long taken at 1717…………..booked at 1714 (1000 loss)

4. AxisBank (F) long 1248…………………booked at 1244 (1000 loss)

5. HCLTech (F) shorted at 1127…………..covered at 1123.50 (875 profit)

6. JSWSteel (F) shorted at 944……………covered at 941 (2000 profit)

7. BajajAuto (F) shorted at 1964…………covred at 1972 (1000 loss)

8. HCLtech (F) shorted at 1117……………covered at 1110 (1750 profit)

9. Bajajauto (F) long taken at 1972……….booked at 1968 (500 loss)

10. RELinfra (F) long taken at 441………..booked at 445 (4000 profit)

11. NF STBT at 6210………….booked at 6310 (-100 points)

12. BNF STBT at 11255……….booked at 11551 (-296 points)

13. NF (2L) shorted at avp 6248……covered at 6244 (+ 8 points)

14. BNF (3L) shorted at avp 11691…..covered at 11700 (-27 points)

Today due to huge gap up opening, STBT in both nf and bnf gave loss, but the same has been compensated against the profit of positional longs in both at 6175 and 11015.

Last Trades triggered as per MySAR Level

upto 14th November

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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……

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