Friday, September 17, 2010

EOD Report for 17-09-2010

Levels given today: [Refer Trading Rules]
NIFTY
Buy Above/SL 5876/19557 Target 5915/19672
SAR/Sell Below 5852/19487 Target 5805---5785/19347---19285
Sell Below/SL 5781/19278 Target 5742/19164
SAR/Buy Above 5806/19348 Target 5852--5872/19487---19550

BANK NIFTY
Buy Above/SL 12185 Target 12310
SAR/Sell Below 12107 Target 11956---11890
Sell Below/SL 11880 Target 11754
SAR/Buy Above 11957 Target 12108---12175

Trade Diary for the Day
09.06 am Bought one nifty at 5876
09.14 am Bought another nifty at 5876 [sensex already in buy mode above the buy trigger];
09.37 am keep stoploss of 5896 [20 pointlevel];
9.39 am Sold one Nifty at 5896;
Plus 20 Points[1lot]--one lot still holding;
10.33 am Bought one Nifty at 5876; 2 lots long now;
11.51 am Sold one Nifty at 5896[20 points level];---one lot long now;keep 5881 for the other;
Plus 20 Points [1lot];
1.28 pm Sold one nifty at 5881.[no position now]
Plus 5 Points [1lot];
Net for the day ---------------- Gain of 45 Points [3 trades]
Net for September------------- Gain of 471 Points [35 Trades]
-----------------------------------------------------------
10.03 am Banknifty sold at 12107 [2lots]
2.57 pm Banknifty bought at 12057[1lot]
Plus 50 Points [1lot]-----1 lot still long holding;
3.25 pm Banknifty bought at 12125
Minus 18 Points
Net for the day----------------------- Gain of 32 Points [2 Trades]
Net for September------------------- Gain of 1182 Points [36 Trades]

Thursday, September 16, 2010

For 17-09-2010, Friday





NIFTY SPOT 5828.7
SENSEX SPOT 19417.49
BANKNIFTY SPOT 12032.05

Levels for today [Refer trading rules]

NIFTY
Buy Above/SL 5876/19557 Target 5915/19672
SAR/Sell Below 5852/19487 Target ----------------------
Sell Below/SL --------------- Target ------------------------
SAR/Buy Above ------------- Target--------------------

BANK NIFTY
Buy Above/SL 12185 Target 12310
SAR/Sell Below 12107 Target --------------------------
Sell Below/SL ---------- Target ---------------------------
SAR/Buy Above --------Target --------------------------
EOD Report
Indices ended mixed with nifty in negative and banknifty in positive. It is perfectly ok for nifty to consolidate the gains after a good breakout to moveup further. How far it will retrace the gains will give the clue to further upmoves. Even if it corrects tomorrow, still it will close positive for the week, for the positive momentum to continue next week.
Today's volatility gave very good opportunity for our levels to be traded with handsome gains.

Levels given today

NIFTY SPOT 5860.95
SENSEX SPOT 19497.13
BANKNIFTY SPOT 11987.6

NIFTY
Buy Above/SL 5904/19615 Target 5939/19712
SAR/Sell Below 5882/19555 Target 5839---5822/19438---19385
Sell Below/SL 5818/19379 Target 5782/19281
SAR/Buy Above 5840/19439 Target 5882--5899/19555---19609

BANK NIFTY
Buy Above/SL 12046 Target 12093
SAR/Sell Below 12016 Target 11958---11935
Sell Below/SL 11929 Target 11882
SAR/Buy Above 11959 Target 12016---12040

Trade Diary for the Day : [Refer trading rules]

09.05 am Sold Nifty at 5868 [sensex trig. its sell at 19555]
11.05 am keeping a stoploss of 5848 [20 points]
11.08 am stoploss trig. at 5848 ; Bought Nifty at 5848
Plus 20 Points [1lot]-- no position now;
11.58 am Bought one Nifty at 5840[1lot];
Due to high volatility, we will wait for another entry at a suitable point;
12.05 pm Bought Nifty at 5822[1lot];
12.24 pm Nifty sold at 5847[25 points level];
Plus 25 points[1lot] ; 1 lot still holding;
12.43 pm Sensex achieved the target; Sold Nifty at 5875[1lot];
Plus 35 Points[1lot]---no position now;
1.16 pm Bought one Nifty at 5892 [keeping 5882 as stoploss]
1.49 pm Stoploss triggered and Nifty sold at 5882;
Minus 10 Points [1lot]---- [No position now]
1.49 pm Sold Nifty at 5882
2.06 pm Sold Nifty at 5873 [1 lot][ sensex trig 19555]----- 2 lots short now;
2.34 pm keep sl of 5862;
2.35 pm keep sl of 5857;
2.37 pm Bought one lot at 5848 [25 points level for the second lot]---
Plus 25 Points [1lot]--- one lot still long holding.
2.46 pm Bought Nifty at 5845
Plus 37 Points [1 lot]
Net for the day:-----------------------Gain of 132 Points [6 trades]
Net for September:------------------- Gain of 426 Points [32 trades]
---------------------------------------------------------------
09.18 am Sold Banknifty at 12016 [2lots]
09.21 am SL trig. and Bought 3 lots at 12046
Minus 60 Points [2lots]---one lot long now; we will wait for another entry if BN comes down;
09.23 am Sold Banknifty at 12093[target achieved]
Plus 47 Points[one lot]; No position now;
11.05 Banknifty sell trig. now;
11.21 Sold Banknifty at 12027[2lots]
11.52 stoploss trig at 12046
11.56 Bought Banknifty at 12032
Minus 10 Points[2lots]
12.03 Sold Banknifty at 12016[1lot]
12.06 keep 11966 stoploss[50 points]; Bought at 11966;
Plus 50 points[1 lot];[no position now;]
12.19 pm Bought banknifty at 12046[2lots];
12.33 pm keep stoploss at the target 12093 and ride the trend;
12.34 pm keep sl at 12113;keep sl at 12126;
12.38 pm stoploss triggered at 12126;one lot sold at 12126;[1 lot holding now]
Plus 80 Points[1lot] ;
1.09 pm keep trailing stoploss 12200 for the other lot;
1.18 pm Sold another lot at 12200;
Plus 154 Points[1lot];---No position now;
3.08 pm Nifty trig. its sell at 5818; but we have closed for the day due to timefactor.
Net for the day:-------------------Plus 261 Points [ 8 trades]
Net for September-----------------Plus 1150 Points [34 trades]

Wednesday, September 15, 2010

For 16-09-2010, Thursday





NIFTY SPOT5860.95
SENSEX SPOT19497.13
BANKNIFTY SPOT11987.6

Levels for today: [See Trading Rules]

NIFTY

Buy Above/SL 5904/19615 Target 5939/19712
SAR/Sell Below 5882/19555Target ---------------------------------------
Sell Below/SL ---------------- Target -----------------------------------------
SAR/Buy Above -------------- Target ----------------------------------

BANK NIFTY

Buy Above/SL 12046Target 12093
SAR/Sell Below 12016 Target -------------------------------
Sell Below/SL -------- Target ---------------------------------
SAR/Buy Above -------Target -------------------------------
EOD Report
Inspite of negative european markets, our markets closed above 5800, still strongly positive, weakness nowhere evident.
Levels given today:
NIFTY
Buy Above/SL 5839/19496 Target 5874/19616
SAR/Sell Below 5817/19419Target 5774---5756/19273---19209
Sell Below/SL 5752/19198 Target 5717/19078
SAR/Buy Above 5775/19274 Target 5817--5834/19421---19489

BANK NIFTY
Buy Above/SL 12011Target 12078
SAR/Sell Below 11969 Target 11887---11850
Sell Below/SL 11846 Target 11778
SAR/Buy Above 11888 Target 11969---12000

Trade Diary for the day: [Refer trading rules]
Inspite of bullish undertones, the indices have runup very fast. So, they may correct, atleast in the shortest term. So, keeping in mind, the levels, we will try for shorting opportunities.

9.03 am Sold Nifty spot 5835 [1lot] --[SL of 5840]
Nifty exactly comes back from 5839 levels/sensex 19492 not triggering buy. so stoploss of just 5 points, we will take a chance.
9.11 am Buy trig. at 5839 again. Bought 2 lots at 5840; Minus 5 points[1lot];
9.15 am Sensex also trig. its buy; we will buy the other lot if it comes down; one lot long now;
9.48 am Bought one nifty at 5829[sensex just 15 points near stoploss]; 2 lots long now;
10.10 am Nifty in buy zone but sensex not crossing the buy zone; so we will trade the second lot for some gains;
10.37 am Sold one nifty at 5860;
Gain of 31 points; [one lot still holding]
11.31 am Keep stoploss of 5860 for the other lot[nifty touches 5869 just 5 points from our target]
11.41 am Stoploss trig. at 5860; Sold another lot 5860;
Gain of 20 Points [1lot]-- now we have no position
Net for the day --------- Gain of 46 Points[3 trades]
Net for September -----Gain of 294 Points [26 trades]
-------------------------------------------------------
9.11 am Banknifty sold at 12000 [1lot];
9.15 am Banknifty buy trig. at 12011; bought 2 lots;
[Minus 11 points, one lot];one lot long now
9.43 am Bank nifty bought one lot at 11978;[2 lots long now];
10.36 am Banknifty sold at 12020 [stoploss points 42 booked for one lot]; one lot long holding;
Gain of 42 Points [1lot]
11.41 am Banknifty bought at 11080 spot
11.47 am Banknifty sold at 11069 spot [2lots]
Minus 53 Points [2lots]
11.59 am sofar, we missed to go short, as till now, Banknifty is not retraced yet;
1.03 pm Sold Banknifty 1 lot at 11970 [we will wait for further upmove to short another lot];
3.25 pm Bought Banknifty at 11988[timefactor]
Minus 18 Points
Net for the day -----Minus 40 Points [5 trades]
Net for September --Gain of 889 Points [26 trades]

Tuesday, September 14, 2010

For 15-09-2010, Wednesday



Levels for today:

NIFTY SPOT5795.5
SENSEX SPOT19346.96
BANKNIFTY SPOT11928.35

NIFTY

Buy Above/SL 5839/19496 Target 5874/19616
SAR/Sell Below 5817/19419Target-------------
Sell Below/SL----------------Target --------------
SAR/Buy Above--------------Target --------------


BANK NIFTY

Buy Above/SL 12011Target 12078
SAR/Sell Below 11969 Target----------------
Sell Below/SL---------Target --------------
SAR/Buy Above---------Target-----------------
EOD Report
Indices marched further today and sensex closed above 19000 for the second day but Nifty inspite of going above 5800, closed below 5800 but that is just a psychological level to worry.

Levels given today:
NIFTY
Buy Above/SL 5833/5822 Target 5894/5870
SAR/Sell Below 5796/5792 Target 5723---5690/5734---5710
Sell Below/SL 5687/5705 Target 5625/5656
SAR/Buy Above 5724/5735 Target 5796--5825/5792---5815
BANK NIFTY
Buy Above/SL 12102Target 12302
SAR/Sell Below 11986 Target 11758---11655
Sell Below/SL 11644 Target 11443
SAR/Buy Above 11759 Target 11987---12090

Trade Diary for the day

09.25 am Sold Nifty at 5796 spot[one lot]
[we will wait to sell the other lot atleast halfway above the stoploss range i.e 5816 above,
because the range is around 40 points. so, no urgency for the second lot OR if it goes near that
point and cuts again 5796 spot]
9.52 am Bought Nifty at 5820 spot based on our NF level [we will wait for fresh entry, as the first trade is in negative]
Minus 24 Points [no position now]
10.16 am Sold one nifty at 5796[ sell trig. from the top]
10.30 am NF level 5792 sell trig.[spot 5786]. we will wait for any upmove as we have already one lot short]
12.53 pm bought one nifty at 5810[when nifty future crossed 5822]
Minus 14 points
01.30 pm Sold one nifty at 5796
03.35 pm Bought one nifty at 5793
Gain of 3 Points
Net for the day -------------------- Minus 35 Points[3 trades]
Net for September-----------------Gain of 248 Points[23 trades]
--------------------------------------------------------
09.34 am Sold Banknifty at 11986 [1lot]
we will wait for another lot entry.
10.11 am Sold Banknifty at 11986 [trig. once again from the top]----2 lots short now
10.21 am Bought Banknifty one lot at 11936[50 points level] --- we will sell again if it retraces.---one lot long holding.
Gain of 50 Points [1lot]
12.32 pm sold one lot banknifty at 11966 [2 lots long now]
3.01 pm bought one banknifty at 11916 [50 points profit booked]------one lot still holding
Gain of 50 Points [1lot]
3.25 pm Bought one Banknifty at 11922
Gain of 64 Points
Net for the day --------------- Gain of 164 Points [3 trades]
Net forSeptember ------------ Gain of 929 Points[21 trades]

For 14-09-2010, Tuesday



Levels for the day
NIFTY SPOT5760
SENSEX SPOT19208.33
BANKNIFTY SPOT11872.85

NIFTY

Buy Above/SL 5833 Target 5894
SAR/Sell Below 5796 Target ------------------
Sell Below/SL ------- Target --------------------
SAR/Buy Above ----- Target ----------------

BANK NIFTY

Buy Above/SL 12102 Target 12302
SAR/Sell Below 11986 Target -----------
Sell Below/SL -------- Target ----------
SAR/Buy Above ------ Target -----------

Monday, September 13, 2010

EOD Report
Nifty blasted its way up, up and up and time 3.30 pm only has stopped its further move. We could not trade today as our levels for trading were not reached. So no trade was done today.

Levels given today

NIFTY
Buy Above/SL 5662/18885 Target 5679/18953
SAR/Sell Below 5650/18841Target 5629---5620/18757-18724
Sell Below/SL 5618/18714 Target 5600/18645
SAR/Buy Above
5630/18758 Target 5650--5658/18842---18875

BANK NIFTY
Buy Above/SL 11582 Target 11691
SAR/Sell Below 11514 Target 11379---11320
Sell Below/SL 11311 Target 11201
SAR/Buy Above 11380 Target 11514---11575

Sunday, September 12, 2010

For 13-09-2010, Monday


Weekly view:
Bullish close of the last week ensures that momentum continues upside and if Nifty holds above 5687, it will travel towards 5725 and crossing and closing above 5732 ensures a target of 5807. On the downside, if Nifty corrects some gains, still, 5550 zone should offer support for the bullishness and below 5546, longs can be closed for a target of 5472.

NIFTY SPOT5640.05
SENSEX SPOT18799.66
BANKNIFTY SPOT11446.7

Levels for today


NIFTY

Buy Above/SL 5662/18885 Target 5679/18953
SAR/Sell Below 5650/18841Target ---------------
Sell Below/SL --------------- Target ---------------
SAR/Buy Above ------------- Target --------------


BANK NIFTY

Buy Above/SL 11582 Target 11691
SAR/Sell Below 11514 Target ------------------
Sell Below/SL --------- Target --------------------
SAR/Buy Above -------- Target -------------------
EOD Report for 9-9-10

Indices have closed the day as well as the week in a nice positive close and as we have mentioned on the weekly report on Monday, 6-9-10, exactly achieved our target for the week at 5644 also.

Levels given for the day

NIFTY

Buy Above/SL 5640/18767 Target 5665/18847
SAR/Sell Below 5623/18716Target 5592---5579/18617-18575
Sell Below/SL 5576/18567 Target 5550/18486
SAR/Buy Above
5593/18618 Target 5623--5635/18716---18756

BANK NIFTY

Buy Above/SL 11277 Target 113 46
SAR/Sell Below 11233 Target 11146---11112
Sell Below/SL 11103 Target 11033
SAR/Buy Above 11148 Target 11233---11270


Trade diary for the day
Nifty

09.15 am BSE triggered its buy; Bought nifty at 5633;
10.38 am Nifty sell triggered; Sold 2 Nifty lots at 5623
Minus 10 Points[1lot]
10.47 am BSE trig. its sell and nifty is at 5617; we will wait for pullback as the first trade is in loss and we have already sold one nifty. so, no urgency.
11.31 am Sold one more Nifty at 5623 [2 lots short at 5623 holding]
11.46 am BSE buy trig. again and bought one nifty at 5624
Minus 1 point [1lot], holding one nifty long.
2.36 pm Nifty buy trig. ; Bought another nifty at 5640; No position now;
Minus 17 points [1lot];
we will wait atleast halfway near the SL for fresh entry, i.e. around 5630;
3.15 pm Fresh position not entered.

Net for the day ------- Minus 28 Points [3trades]
Net for September ----Gain of 283 Points [20trades]
-------------------------------------------------------------------------------------------
Banknifty

9.08 am Bought 2 lots at 11277
9.23 am crossed our SL points level as well as 50 point level and still strong; keeping 11327 as stoploss now;
9.28 am Achieved our target; Sold 2 lots at 11346;
Plus 138 points [ 2lots]
Net for the day ------ Plus 138 Points [2 trades]
Net for September ----Plus 765 Points[18 trades]