MyTrading Technique: MySAR for 16th January

Today’s Trading potentialies (breakout system) for 16th January

Nifty Future above 6335...may reach 6350/6370/6385/6405/6420

Nifty Future below 6295..may reach 6280/6265/6245/6225/6210

Bank Nifty future above 11160...may reach 11190/11235/11270/11315/11355/11385/11420

Bank Nifty future below 11070...may reach 11035/10990/10960/10915/10875/10830

For Positional traders : For those who trade like Investors
TCS in cash can be bought @ around 2344 with sl of 2325
....may reach 2388 and 2397
HeroMotors in cash can be bought @ around 2057 with sl fo 2044
...may reach 2095 and 2103
TechM in cash can be bought with support of 1870 and 1857
...may reach 1903 and 1913
Maruti in cash can be bought with sl of 1784
...may reach 1821 and 1835
BankofBaroda in cash can be bought with support of 616
....may reach 664 and 673
TataMotors in cash can be bought with support of 367 and 361
...may reach 389 and 394

Following are the levels for intraday trading

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Weekly Pivot Levels

Security

W-S3

W-S2

W-S1

W-Pivot

W-R1

W-R2

W-R3

Nifty (Future)

6019.95

6154.70

6242.90

6289.45

6377.65

6424.20

6558.95

BankNifty (Future)

10300.98

10678.48

10912.97

11055.98

11290.47

11433.48

11810.98

Daily MySAR Levels For Future Segment :

http://www.4shared.com/file/gSkjXu3lce/MySAR_for_16th_Jan___Future_se.html

Daily MySAR Levels For Cash Segment :

http://www.4shared.com/file/uN6gfZ2Wba/MySAR_for_16th_January__Cash_s.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 :

NF short (6190) (2L) : Covered 6170, 6220(Fully Booked)

(Booked -10 points)

BNF shorts (11370) (3L) : Covered at 11250, 11150, 11320 (Fully booked)

(Booked 390 points)

NF Long (6220) (3L) : Booked at 6260, 6290, 6285 (Fully Booked)

(Booked 175 points)

BNF Long (11320) (2L): (2L Holding) Booked at 11450, 11395 (Fully Booked)

(Booked 205 points)

Dec. series closed and entered into Jan series

NF Long (6331) (1L+1L6351): Booked at 6371, 6370 (Fully booked)

(Booked 59 points)

BNF Long (11485) (2L): 11610, 11620 (Fully booked)

(Booked 260 points)

NF short (6280) (2L) : Covered 6251, 6220 (covered fully, but shorted again as mentioned below)

(Booked 89 points)

BNF shorts (11360) (2L+ 1L@ 11220) : Covered at 11260, 11151, 11295 (Fully booked)

(Booked 234 points)

Today covered positional shorts near to MySAR at 6220 fully, gone long for intraday only and when it breached MySAR again at 6208, taken shorts at 6201
Similarly fresh positional shorts taken in BNF also at the breach of MySAR again

NF short (6201) (2L) : Covered 6271, 6215 (fully covered)

(Booked 26 points)

BNF shorts (11040) (3L) : Covered at 11940, 11860, 10990 (fully covered)

(Booked 330 points)

NF Long (6230) (2L) : Booked at 6295 (1L holding)

(Booked 65 points)

BNF shorts (10990) (2L) : Booked at 11085, entry (Fully booked)

(Booked 95 points)

NF Long (6230) (2L+ 1L @ 6270) : Booked at 6295, 6320 (1L holding)

(Booked 65 points)

BNF shorts (11040)(3L) : Booked at 11120, 11170 (1L holding)

(Booked 210 points)

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Trades triggered on 15th January

1. HCLtech (F) long taken at 1335…………..booked at 1340 (1250 profit)

2. TCS (F) long taken at 2351………………….booked at 2371 (2500 profit)

3. ICICIBank (F) long taken at 1051………….booked at 1057 (1250 profit)

4. JSWSteel (F) shorted at 1012………………covered at 1007 (2500 profit)

5. PNB (F) long taken at 603………………….booked 609 (3000 profit)

6. RelCap (F) long taken at 349………………booked at 351 (2000 profit)

7. LT (F) long taken at 985……………………booked at 991 (3000 profit)

8. YesBank (F) long taken at 355.50………..booked at 353.50 (2000 loss)

9. KotakBank (F) long taken at 719………..booked at 723 (2000 profit)

10. SBI (F) long taken at 1645………………booked at 1660 (1875 profit)

11. M&M (F) long taken at 897.....................booked at 905 (2000 profit)
12. PNB (F) long taken at 611.....................booked at 616 (2500 profit)
13. HDFC (F) long taken at 831……………...booked at 840 (4500 profit)

14. ICICIBank (F) long taken 1058………….booked at 1069 (2750 profit)

15. TechM (F) shorted at 1883……………..covered at 1874 (2250 profit)

16. TechM(F) long taken at 1881…………..booked at 1887 (1500 profit)

17. BNF (6L) long taken at 11064…………….booked at 11105 (+ 246 points)

18. BNF long taken at 11129………………carried

19. NF (2L) long taken 6270………………..booked at 6290 (+ 40 points)

20. NF long taken at 6270………………..carried

Following table clarifies today's triggerred trades

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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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