Today’s
Trading potentialies (breakout system) for 8th May
Nifty
Future above 6721 ...may reach 6735/6750/6765/6780/6795
Nifty
Future below 6670...may reach 6655/6640/6625/6610/6590
Bank
Nifty future above 13055 ...may reach 13095/13135/13165/13210/13255/13280
Bank
Nifty future below 12985...may reach 12940/12895/12860/12820/12775/12735
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For
Positional traders : For those who trade like Investors
SBI in cash can be bought @ around 2061 with sl of 2051
...may reach 2089 and 2097 HeroMotors in cash can be bought @ around 2147 with sl of 2131 ...may reach 2188 and 2197 TechM in cash can be bought with support of 1721 and 1717 ...may reach 1751 and 1761 RELinfra in cash can be bought with sl of 501 ...may reach 524 and 530 Biocon in cash can be bought with sl of 464 ....may reach 489 and 495 TataMotors in cash can be bought with support of 403 and 397 ...may reach 428 and 434 |
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Weekly Pivot Levels
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Security
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W-S3
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W-S2
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W-S1
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W-Pivot
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W-R1
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W-R2
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W-R3
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Nifty
(Future)
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6496.55
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6603.35
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6642.50
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6710.15
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6749.30
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6816.95
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6923.75
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BankNifty
(Future)
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12444.05
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12723.05
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12868.10
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13002.05
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13147.10
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13281.05
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13560.05
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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 : |
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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......
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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)
**************************************
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.
(Covered at 6735 : (+ 30 points)
Positonal longs in BNF 13015 + 12990 (holding)Positonal longs in NF 6746 (reveresd) (Bookded at 6725 : (-21 points) (Booked at 13110 : (+95 points) Positonal short in NF 6725 (2L) (Booked at 6690 : (+35 points)
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Trades triggered on 7th May
1. AxisBank (F) shorted at 1529…………..covered
at 1521 (1750 profit)
2.
HCLtech (F) long at 1397………………..booked at 1405 (2000 profit)
3.
ICICIBank (F) shorted at 1279…………..covered at 1271 (2000 profit)
4.
M&M (F) shorted at 1067…………………covered at 1072 (1250 loss)
5.
LT (F) long at 1312………………………..booked at 1318 (1500 profit)
6.
AxisBank (F) long at 1538………………booked at 1547 (2250 profit)
7.
TCS (F) shorted at 2195………………….covered
at 2185 (1250 profit)
8.
TechM (F) shorted at 1805………………covered at 1792 (3250 profit)
9.
JSWSteel (F) shorted at 1105……………covered at 1111 (1500 loss)
10.
SBI (F) long taken 2064………………….booked at 2083 (2375 profit)
11.
HCLTech (F) shorted at 1385……………covered at 1374 (2750 profit)
12.
KotakBank (F) shorted at 809……………covered at 813 (2000 loss)
13.
LT (F) shorted at 1303……………………covered at 1297 (1500 profit)
14.
Relcap (F) long at 347……………………..booked at 350 (3000 profit)
15.
JSWSteel (F) shorted at 1105……………covered at 1097 (2000 profit)
16.
HCLTech (F) shorted at 1371………….covered at 1354 (4250 profit)
17.
TechM (F) shorted at 1784……………..covered at 1771 (3250 profit)
18.
PNB (F) shorted at 787………………….covered at 791 (2000 loss)
19.
BNF BTST at 13040……………………..booked at 13085 (+ 45 points)
20.
BNF (3L) long at 13021………………booked at 13062 (+ 123 points)
21.
BNF long at 13020……………..carried
22.
NF BTST at 6746……………..booked at 6725 (- 21 points)
23.
NF (2L) shorted at 6717……………..covered at 6697 (+ 40 points)
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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