MySAR for 7th May





Today’s Trading potentialies (breakout system) for 7th May
Nifty Future above 6755 ...may reach 6770/6785/6805/6820
Nifty Future below 6725...may reach 6710/6695/6680/6665
Bank Nifty future above 13071 ...may reach 13105/13135/13170/13205
Bank Nifty future below 13020...may reach 12990/12955/12910/12875
 For Positional traders : For those who trade like Investors


TCS in cash can be bought @ around 2181 with sl of 2173
....may reach 2213 and 2222

SBI in cash can be bought @ around 2043 with sl of 2031
 ....may reach 2071 and 2085

TechM in cash can be bought with support of 1791 and 1781
....may reach 1819 and 1823

AxisBank in cash can be bought with sl of 1515
...may reach 1547 and 1560

DivisLab in cash can be bought with sl of 1340
...may reach 1371 and 1377

JSWSteel in cash can be bought with support of 1101
...may reach 1124 and 1130

PNB in cash can be bought with support of 773 and 764
...may reach 799 and 808



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Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
6611.68
6678.43
6712.57
6745.18
6779.32
6811.93
6878.68
BankNifty (Future)
12520.55
12762.50
12909.95
13004.45
13151.90
13246.40
13488.35

Daily MySAR Levels For Future Segment :

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 :

NF Shrot (6285) (2+ 2L @6180) : covered at 6270, 6155, 6100,6045  
(fully covered) (360 pointed booked) rollover done for Feb. series
BNF long (11010) (2L+2L10710) : covered at 10985, 10610, 10360, 10180 
(fully covered)(1305 points booked)  rollover done for Feb. series
NF Shrot Feb. (6112 + @ 6120) : covered at 6060, 6050  (fully covered)
(Booked 122 points)
BNF long Feb. (10248 + @ 10300) : covered at 10155, 10275 (fully covered)
(Booked 118 points)
NF Long Feb. (6050) : bookd at 6105 (fully booked)
(Booked 55 points)
BNF long Feb. (10250) : booked at 10375 (Fully booked)
(Booked 125 points)
NF Shrot Feb. (6045) : covered at 6005 (fully covered & reversed)
(Booked 40 points)
BNF Short Feb. (10230) : covered at 10135 (covered & reveresed)
(Booked 95 points)
NF Long Feb. (6058+@ 6099+@ 6135) : Booked at 6095,6145,6215,6240 
(Fully booked) (Booked 345 points)
BNF long Feb. (10225+@ 10360+@ 10510) : Booked at 10305, 10590, 10750, 1074 (fully booked)  (Booked 1065 points)

Positional longs in NF (March) at 6271(2L) + 6266 + 6555 (Fully booked & rollovered) 
(booked at 6325, 6420, 6625, 6651) (+ 658 points)

Squared off fully today at 6470 due to large intraday correction, but later on taken again long at 6495 positionally according we have changed the price from 6241 to 6266. 
***************************************************************************************
Positonal longs in BNF (March) at 10773 (2L)+ 10661 + 11165 + 12251(Fully booked & rollovered)
(booked at 10920, 11310, 12100, 12565, 12651 (+ 3923 points)
For March series both NF & BNF position booked and take longs in April Series

Positional longs in NF (April) at 6675 + 6775, 6753 (fully booked) only
(booked at 6825, 6751 (+ 124 points)
Positonal longs in BNF (April) at 12705+12651+12570+12675+12675 (fully booked)
(booked at 12760, 12695, 12960, 13000 (+ 790 points)

Positonal longs in NF (April) at 6753 (Booked)
(Booked at 6735 (- 18 points)
Positonal shorts in NF at 6733  (Booked & reveresed)
(Booked at 6690, 6751 (+ 25 points)

Positonal shorts in BNF (April) at 12661 + 12645 (Booked & reversed)
(Booked at 12575, 12570 (161 points)
***********************************
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)
**************************************
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 shorts in NF at 6765 (Full covered & reversed)
(Covered at 6735 : (+ 30 points)

Positonal longs in NF  6746 (holding)

Positonal longs in BNF  13015 (holding)
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Trades triggered on 6th May

1. ACC (F) long at 1302………………..booked at 1312 (2500 profit)
2. RELinfra (F) long at 524…………….booked at 527 (1500 profit)
3. ICICIBank (F) long at 1278…………booked a 1287 (2250 profit)
4. LT (F) long at 1303…………………..booked at 1299 (1000 loss)
5. RelCap (F) short at 339………………covered at 337 (2000 profit)
6. TCS (F) shorted at 2214……………..covered at 2204 (1250 profit)
7. TechM (F) shorted at 1824…………..covered at 1814 (2500 profit)
8. LT (F) long at 1303 …………………..booked at 1308 (1250 profit)
9. HCLTech (F) shorted at 1491……….covered at 1484 (1750 profit)
10. AxisBank (F) shorted at 1547………..covered at 1552 (1250 loss)
11 JSWSteel (F) shorted at 1116………covered at 1120 (1000 loss)
12. RELinfra (F) shorted at 519………….covered at 514 (2500 profit)
13. HDFC (F) shorted at 889…………….covered at 884 (1250 profit)
14. AxisBank (F) shorted at 1547……….covered at 1537 (2500 profit)
15. BNF BTST at 12974…………………booked at 13080 (+ 106 points)
16. BNF (3L) long taken at 13053………..booked at 13060 (+ 21 points)
17. NF (2L) long taken  at 6746………..booked at 6760 (+ 28 points)
18. BNF long at 13040 ………………..carried
19. NF long at 6746…………………….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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