MySAR for 17th June




   
 Today’s Trading potentialies (breakout system) for 17th June
Nifty Future above 7565...may reach 7580/7595/7610/7625/7645/7660
Nifty Future below 7520...may reach 7505/7490/7470/7455/7440/7425
Bank Nifty future above 15110...may reach 15145/15195/15240/15280/15325/15360/15410/15450
Bank Nifty future below 15030...may reach 14990/14950/14910/14870/14830/14785/14740/14700
 For Positional traders : For those who trade like Investors
LT in cash can be bought @ around 1630 with sl of 1615
...may reach 1661 and 1670
Wipro in cash can be bought @ around 516 with sl of 508
...may reach 551 and 560
TataSteel in cash can be bought with support of 513 and 504
...may reach 534 and 540
CanBank in cash can be bought with sl of 416
...may reach 447 and 454
M&MFin in cash can be bought with support of 270
...may reach 290and 297
LICHsg in cash can be bought with support of 297 and 288
...may reach 317 and 325


Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
7420.15
7485.10
7522.15
7550.05
7587.10
7615.00
7679.95
BankNifty (Future)
14547.67
14801.07
14945.53
15054.47
15198.93
15307.87
15561.27
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 6th June 2014

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 :
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)

Positional 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 Long in BNF  15040  (1L holding)
Position as on 30th May

Positonal short in NF  7280 (2L) + 7272(1L holding) 

(covered at 7260, 7236 : 56 points)

Positonal Long in BNF  15040  (1L holding)

(Booked at 14960 : - 80 points trade reversed to short)

Positonal short in BNF 14948 (2L)(1L holding) (covered at 14825, : 123 points)
Position as on 2nd June


Positonal short in NF  7280 (2L) + 7272 (fully booked & reveresed)

(covered at 7260, 7236 : 51 points)

Positonal Long in NF  7285(2L) (1L holding)

(Booked at 7360 : 75 points)

Positonal Long in BNF  15040  (1L holding)

(Booked at 14960 : - 80 points trade reversed to short)

Positonal short in BNF 14948 (2L)(fully covered & reversed

(covered at 14825, 14920 : 151 points)

Position as on 3rd June

Positonal Long in NF  7285(2L)+7379(2L) (2L holding)  
(Booked at 7360, 7420 : 116 points)

Positonal Long in BNF  14920(2L)+15170(2L)(2L holding) 

(Booked at 15150, 15240 : 300 points)

Position as on 4th June

Positonal Long in NF  7285(2L)+7379(3L) (2L holding)

(Booked at 7360, 7420, 7420  : 157 points)

Positonal Long in BNF  14920(2L)+15170(2L)(2L holding)

(Booked at 15150, 15240 : 300 points)

Position as on 5th June

Positonal Long in NF  7285(2L)+7379(3L)+7406+7537(2L holding)

(Booked at 7360, 7420, 7420, 7455, 7705 : 401 points)

Positonal Long in BNF  14920(2L)+15170(2L)+15560+15460+15401(3L holding)

(Booked at 15150, 15240, 15310, 15660,15660  : 740 points)
Position as on 13th June

Positonal Long in NF  7285(2L)+7379(3L)+7406+7537(1L holding)

(Booked at 7360, 7420, 7420, 7455, 7705, 7605 : 469 points)

Positonal Long in BNF  14920(2L)+15170(2L)+15560+15460+15401(reversed to shorts)

(Booked at 15150, 15240, 15310, 15660,15660, 15570, 15410, 15295  : 1524 points)

Positonal Short in BNF  15290(3L)(2L holding)

(Covered at 15161 : 129 points )

As NF closed above MySAR we carried longs, but BNF today breached MySAR, taken shorts and carried.

Position as on 16th June
Positonal Long in NF  7285(2L)+7379(3L)+7406+7537(1L holding) 
(Booked at 7360, 7420, 7420, 7455, 7705, 7605 : 469 points) 

Positonal Short in BNF  15290(3L)(2L holding) 
(Covered at 15161, 14990: 429 points )
As NF closed above MySAR we carried longs, but BNF today breached MySAR, taken shorts and carried.
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Trades triggered on 16th June

 Trade list will be put at late night

1.RELinfra (F) short at 734...............................covered at 739 (2500 loss)
2. RELinfra (F) short at 734...............................covered at 727 (3500 profit)
3. RelCap (F) short at 584.................................covered at 581 (3000 profit)
4. ACC (F) short at 1457....................................covered at 1447 (2500 profit)
5. SBI (F) short at 2591 ......................................covered at 2571 (2500 profit)
6. RELinfra (F) short at 725................................covered at 718 (3500 profit)
7. HCLTech (F) short at 1439.............................covered at 1429 (2500 profit)
8. M&M (F) long at 1217......................................booked at 1212 (1250 loss)
9. ICICIBank (F) long at 1423............................booked at 1429 (1500 profit)
10. TechM (F) shorted at 2034..........................covered at 2024 (2500 profit)
11. RELinfra (F) long at 731................................booked at 737 (3000 profit)
12. RELinfra (F) long at 747................................booked at 757 (5000 profit)
13. RelCap (F) long at 615..................................booked at 621 (6000 profit)
14. PNB (F) long at 950.50 .................................booked at 954.50 (2000 profit)
15. BNF stbt at 15260................................covered at 15090 (+ 170 points)
16. BNF (4L) shorted at 15090.................covered at 15042 (+ 192 points)
17. NF (4L) long at 7543...........................booked at 7557 (+ 42 points)
18. BNF short at 15120..........................carried
19. NF long at 7551.................................carried
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Cheers.........Cheers .......Cheers.........

Patience always Pays......

Patience in Learning ...Patience in Earnings.....
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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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