MySAR for 6th May








Levels to watch
Nifty Future - intraday resistance are : 7791, 7805, 7820, 7835, 7850, 7865
Nifty Futue - intraday support are : 7745, 7730, 7715, 7695, 7680, 7665


Bank Nifty future - intraday
Bank Nifty future - intraday supports are : 16445, 16485, 16525, 16570, 16615, 16660
Bank Nifty future - intraday supports are : 16330, 16285, 16245 16205, 16160, 16120

 For Positional traders : For those who trade like Investors






Weekly SAR Levels
Security
Hige
Low
Close
MySAR
5-EMA
High-EMA
Low-EMA
Nifty
(Future)
7949.95
7725.00
7773.10
7638.41
7796.19
7913.19
7698.73
BankNifty
(Future)
16820.00
16280.00
16384.45
15820.95
16404.57
16669.49
16024.65

Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
7366.12
7591.07
7682.08
7816.02
7907.03
8040.97
8265.92
BankNifty (Future)
15414.82
15954.82
16169.63
16494.82
16709.63
17034.82
17574.82

Daily MySAR Levels For Future Segment :

Daily MySAR Levels For Cash Segment :


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 :




-----------------------------------------------------------
Trades triggered on 5th May


1. NF stbt at 7774…………………….covered at 7755 (+ 19 points)
2. NF shorted at 7756………………..covered at 7736 (+ 20 points)
3. NF long at 7791……………………booked at 7808 (+ 17 points)
4. NF (2L) short at 7790………………covered at 7771 (+ 19 points)
5. NF shorts of 7790………………..carried as stbt
Total gains ……………………(+ 75 points)



1. BNF stbt at 16485…………………covered at 16385 (+ 100 points)
2. BNF short at 16385………………..covered at 16345 (+ 40 points)
3. BNF long at 16427…………………booked at 16480 (+ 53 points)
4. BNF (2L) short at 16435…………..covered at 16385 (+ 50 points)
5. BNF short of 16435………………..carried as stbt
Total gains ……………………..(+ 243 points)


For messages on NF, BNF & scrips click :  
http://mytradingmyscrips.blogspot.in/p/messages.html

Three Thumb Rules for intraday trading :
(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……
==============================================================
Updated upto 5th May
Following are the trades triggerd as per MySAR levels for Nifty and BankNifty. Calculation of only one lot has been taken into consideration. As per the technique, if Two or more lots are traded and partial profit is booked in between considering daily as well as weekly pivots and ema numbers, and go on riding the trend as the levels, then  overall profit would have remained fantastic….