MySAR for 30th May




 
Focus on your Blessings,
Not your misfortunes.
Focus on your Strengths,
Not your weaknesses.
 
RELAX AND LET LIFE COME TO YOU…
TRY NOT TO FORCE ANYTHING.

Today’s Trading potentialies (breakout system) for 30th May
Nifty Future above 7305...may reach 7325/7340/7355/7370/7385/7405
Nifty Future below 7255...may reach 7240/7225/7210/7190/7170/7155
Bank Nifty future above 15130...may reach 15170/15210/15245/15290/15335/15370/15410/15460
Bank Nifty future below 15020...may reach 14990/14955/14910/14870/14830/14795/14755/14715
 For Positional traders : For those who trade like Investors
LT in cash can be bought @ around 1540 with sl of 1521 
...may reach 1574 and 1580
HCLtech in cash can be bought @ around 1377 with sl of 1361
...may reach 1409 and 1414
ONGC in cash can be bought with support of 364 and 357
...may reach 384 and 390
CenturyTex in cash can be bought with sl of 471
...may reach 497 and 507
SunTV in cash can be bought with sl of 403
...may reach 433 and 440
PNB in cash can be bought with support of 940
...may reach 988 and 994


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Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
6759.95
7043.80
7141.35
7327.65
7425.20
7611.50
7895.35
BankNifty (Future)
13856.70
14531.70
14788.40
15206.70
15463.40
15881.70
16556.70
Daily MySAR Levels For Future Segment :
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Daily MySAR Levels For Cash Segment :
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Don't miss to watch: updated upto 11th  April 2014
To watch the performance of MySAR :

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 :

Positional longs in NF at 6771 (booked April booked April series) 
(booked at 6795, 6835 (+ 88 points)

Positonal longs in BNF  at 12751 + 12885(booked April series) 
(booked at 12830, 12951, 13090 (+ 484 points

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Positional longs in NF at 6861+ 6825 (booked fulled and Reversed)

(booked at 6895 (+34 points)

During the day SAR breached and we took shorts and covered partially, but again crossed SAR giving us whipsaw .....but at the close again declined and breached SAR forcing us to take short trade again to carry. The intraday trades have been shown  in the today's triggered list.

Positonal shorts in NF at 6770 (booked fully) 
(booked at 6785 (-15 points)
Positonal longs in BNF  at 13031 + 13151 + 13130 (Booked fully)
(booked at 13210, 13190, 13180 (+ 268 points)
Due to opening gap up, we exited positional shorts and took longs, booked profits, but again it breached SAR, and accordingly we took shorts. 
During intraday it breached SAR, we closed our positional longs and took shorts, booked profit, but at the close it again crossed SAR for long, and we took long trade accordingly.

Positonal short in NF  6725 (fully covered & reversed)
(Booked at 6690, 6705 : (+55 points)
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Positonal long in NF  6715 (2L) + 6755(2L) + 6810(2L)+ 6915(1L)+ 7125(1L holding)
(Booked at 6765, 6805, 6851, 7045, 7190, 7145, 7400) (+1410 points)

Positonal longs in BNF  13015+12990+13130 (2L)+13510(2L)+ 14091+14210(1L holding)
(Booked at 13110, 13330, 13750, 14200, 14440, 14315, 15250(+4760 points)
As per decided strategy, on 16th May market opened with huge gap up and we put trailing stop loss for one positional longs at 7400 for NF and 15250, which hit during ORB period itself. Still holding partial positional longs in both. 
Position as on 21st May
Positonal long in NF  6715 (2L) + 6755(2L) + 6810(2L)+ 6915(1L) + 7125 + 7242 + 7315 (1L holding)
(Booked at 6765, 6805, 6851, 7045, 7190, 7145, 7400, 7380, 7450) (+1683 points)

Positonal longs in BNF  13015+12990+13130 (2L)+13510(2L)+ 14091+14210+ 15020 + 15065 + 15000 (1L holding)
(Booked at 13110, 13330, 13750, 14200, 14440, 14315, 15250, 15285, 15240, 15450 (+5646 points)

Position as on 29th May
Positonal long in NF  6715 (1L) + 7335(1L of June)
(booked at 7260 (may), 7355 (june) : 565 points)
Positonal longs in BNF  13015 + 15110 (1L of June)
(booked at 15151 (may), 15225 (june) : 2251 points)
Positonal short in NF  7280 (2L) (1L holding)
(booked at 7260 (june) : 20 points)

Positonal short in BNF  15040  (1L holding)
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Trades triggered on 29th  May

1. JSWsteel (BTST) 1207……………………booked at 1214 (1750 profit)
2. AxisBank (F) shorted at 1857……………covered at 1851 (1500profit)
3. RELinfra (F) long at 682.50……………….booked at 687 (2250 profit)
4. HCLtech (F) shorted at 1427……………..covered at 1422 (1250 profit)
5. HCLtech (F) long at 1441…………………booked at 1437 (1000 loss)
6. PNB (F) long at 996……………………….booked at 1002 (3000 profit)
7. RelCap (F) long at 524…………………..booked at 533.50 (9500 profit)
8. JSWSteel (F) long at 1215………………booked at 1223 (2000 profit)
9. BNF (2L) shorted at 15185 …………….covered at 15145 (+ 80 points)
10. NF (3L) shorted at 7293………………covered at 7274 (+ 57 points)
11. BNF long at 15040…………..carried
12. NF short at 7280 …………….carried

 Following table clarifies today's triggerred trades
 The following table will be updated in week-end
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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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