MySAR for 21st May





Today’s Trading potentialies (breakout system) for 21st May
Nifty Future above 7315...may reach 7330/7345/7360/7375/7395/7410
Nifty Future below 7285...may reach 7270/7255/7240/7225/7205/7190
Bank Nifty future above 15235...may reach 15275/15370/15410/15460/15495/15545/15595/15640
Bank Nifty future below 15180...may reach 15140/15105/15070/15025/14990/14945/14945/14905/14870/14840
 For Positional traders : For those who trade like Investors

As came back at home town very late, could not derive intraday trading levels and put them here. From tomorrow will start to put them



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Weekly Pivot Levels
Security
W-S3
W-S2
W-S1
W-Pivot
W-R1
W-R2
W-R3
Nifty (Future)
7026.03
7157.13
7228.87
7288.23
7359.97
7419.33
7550.43
BankNifty (Future)
14580.10
14915.85
15059.20
15251.60
15394.95
15587.35
15923.10

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.
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Trades triggered on 20th May

Due to social commitments, could not attend trading sessions during Monday and Tuesday and hence not taken any intraday trades.

 This 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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To be a leader requires knowing what to do, and why to do it. Enthusiasm, motivation, skill, and knowing how to do things right is not enough; we have to know whether it is the right thing to do. For that, moral leadership is required. Moral leadership has two central aspects: understanding our true Self and serving others. True leaders need knowledge that gives access to an inner moral compass that guides our activities and gives direction to those who follow us. A clear and simple directive has come to us through the ages:”Know Thyself.”

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Those who are spiritually aware see the same power enlivening all creation. A life of service is based on deep spiritual and moral principles that are understood and internalised when we connect with the Truth within. Intellectually understanding service does not provide the conviction we need when we are tested, by people and circumstances.

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The poem was first recited by Narendra Modi at the Vijay Shankhnad Yuva Sangam in Ahmedabad.