Friday, September 3, 2010

EOD Report

Levels given today
NIFTY
Buy Above/SL 5510/18316 Target 5528/18378
SAR/Sell Below 5497/18276Target 5474---5465/18199-18169
Sell Below/SL 5462/18161 Target 5444/18097
SAR/Buy Above
5475/18200 Target 5497--5506/18276---18310
BANK NIFTY
Buy Above/SL 11020 Target 11051
SAR/Sell Below 10999 Target 10961---10945
Sell Below/SL 10941 Target 10910
SAR/Buy Above 10962 Target 10999---11015
Trade diary for the day[Refer Trading Rules]
Nifty
9.02 am Nse level 5497 triggered .
9.05 am Bse level 18276 also triggered.
9.17 am Sold Nifty at 5497 [2lots]
12.56 pm Bought one Nifty at 5474[bse target 18199 not reached. so keeping one nifty long]
Gain of 23 points
2.46 pm Sold one Nifty again at 5494[20 points level/ also BSE SAR trig.] -- 2 lots long holding
3.22 pm Bought one Nifty at 5475
Gain of 19 points
3.25 pm Bought another Nifty at 5475
Gain of 22 points
Net for the day -----Gain of 64 points [3lots]
Net for September --Gain of 117 points[total 11lots]

Bank Nifty
Levels 11017/10999 and 10938 were actually not traded levels and so no position could be taken based on those.
01.13 pm Bought Banknifty at 10962[2lots]
02.38 pm Sold one Banknifty at 10999 [target achieved]
Gain of 37 points
02.48 pm Sold another Banknifty at 11015 [target achieved]
Gain of 53 points
3.01 pm Sold one Bank nifty lots again at 10999
3.25 pm Bought Banknifty at 10977[time factor]
Gain of 22 points.
Net for the day -----------Gain of 112 points
Net for September -------Gain of 370 points [9 lots]

Thursday, September 2, 2010

For 03-09-2010, Friday


Yesterday the indices traded in a very narrow range for the entire day[Nifty active trading zone around 25 points and banknifty, just around 40 points]. Having entered the positive trend, may be the indices are consolidating for further breakout upmove. Last Friday, Nifty closed at 5408.7, near that week's low. So, normally, every attempt will be made this Friday to close near the high of this week, which will be above 5500. Let us see and trade as per our levels even though they are narrow.


NIFTY SPOT5486.15
SENSEX SPOT18238.31
BANKNIFTY SPOT10980.6

Levels for today

NIFTY

Buy Above/SL 5510/18316 Target 5528/18378
SAR/Sell Below 5497/18276Target -------------
Sell Below/SL -------------- Target ---------------
SAR/Buy Above
------------ Target -------------

BANK NIFTY

Buy Above/SL -------- Target ----------------
SAR/Sell Below ------ Target ---------------
Sell Below/SL 10941 Target 10910
SAR/Buy Above 10962 Target ---------------
EOD Report
Levels given today
NIFTY
Buy Above/SL 5514/18316 Target 5548/18407
SAR/Sell Below 5492/18259Target 5451---5435/18150-18105
Sell Below/SL 5430/18095 Target 5395,5386/18003,17979
SAR/Buy Above
5452/18152 Target 5492--5508/18260---18305
BANK NIFTY
Buy Above/SL 10954 Target 11015
SAR/Sell Below 10916 Target 10842---10812
Sell Below/SL 10805 Target 10744---10730
SAR/Buy Above 10845 Target 10917---10945
Trade diary for the day [Refer Trading rules]
Banknifty
9.06 am Bought two lots at 10954
10.57 am. Sold one lot at 10992[stoploss 38 points earned. we will enter again lower]
Gain of 38 points
1.30 pm Bought one lot at 10954 again
2.11 pm Sold one lot at 10992 [again SL 38 points
earned, now keeping one lot long]
Gain of 38 Points
we will keep half of the target point as stoploss. i.e. 10974
2.20 pm Sold the last lot at 10974Gain of 30 points
Net for the day ----- Gain of 106 points [3 lots]
Net for September --Gain of 258 points [total 6 lots]
--------------------------------------------------------------------
Nifty
9.11 am Sold one Nifty at 5492[Sensex sell is not trig. yet]
9.54 am sensex sell triggered.[nifty 5485]
10.09 am Sold another Nifty at 5494
3.25 pm Bought at 5486[2lots]
Gain of 14 points [2lots]
Net for September ---- 53 points [total 5 lots]

Wednesday, September 1, 2010

For 02-09-2010, Thursday


Yesterday, Indices have closed positively and bullish momentum seems to be back but trade cautiouosly at higher levels with proper stoploss because though the trend is positive, appreciable correction is still due.

Today's Levels

NIFTY SPOT
5471.85
SENSEX SPOT18205.87
BANKNIFTY SPOT10879.75

NIFTY

Buy Above/SL 5514/18316 Target 5548/18407
SAR/Sell Below 5492/18259Target --------------
Sell Below/SL---------------Target ---------------
SAR/Buy Above
-------------Target --------------


BANK NIFTY

Buy Above/SL 10954 Target 11015
SAR/Sell Below 10916 Target---------------
Sell Below/SL----------Target ----------------
SAR/Buy Above--------Target --------------
EOD Report for 01-09-2010
Bulls are saved for the time being, as Nifty has reversed some of previous days' losses to close strongly above 5dema/20dema/50dema. During the last week correction, 50dema as expected gave the support and nifty, without closing below it, reversed today. Trend is positive as of now.
Levels given today
NIFTY
Buy Above/SL 5439/18100 Target 5467/18169
SAR/Sell Below 5420/18023Target 5384---5368/17917-17870
Sell Below/SL 5366/17862 Target 5337/17773
SAR/Buy Above
5385/17918 Target 5420--5436/18024---18060
BANK NIFTY
Buy Above/SL 10812 Target 10864
SAR/Sell Below 10777 Target 10713---10685
Sell Below/SL 10680 Target 10628
SAR/Buy Above 10715 Target 10778---10802

Trade Diary for the day [Refer Trading rules]
BANKNIFTY
9.23 am Bought 2 lots BN at 10812[target min. 10864]
10.27 am Sold 1BN at 10847[we have a SL of 35 points which we earn in this lot and
keep the other for target or more]
Gain of 35 Points
1.20 pm Bought another lot at 10790[as banknifty came near the stoploss and
bounced, keeping both stoploss at 10777]
1.38 pm Sold one lot at 10855 [near the previous high and we have already 50
points profit, keeping one lot long still.]
Gain of 65 Points
2.13 pm Sold another lot at our target 10864
Gain of 52 Points
Net for the day -------------Plus152 Points [3lots]
Net for September ---------Plus 152 Points[total 3lots]
--------------------------------------
NIFTY
9.15 am Bought Nifty at 5429[when bse triggered its buy level at 18080]
9.36 am Bought Nifty at 5439
1.25 pm Sold one Nifty at 5420[since nifty has already triggered our sell point at
5420, but bse point was not triggered]
Minus 9 Points
1.50 pm Bought one Nifty at 5439, 2lots now holding long.
2.41 pm Sold one Nifty at 5459 [20 points profit and bse target also reached ],
holding another long
3.01 pm Sold another at the target 5467
Gain of 28 Points
Net for the day ------ Plus 39 Points[3lots]
Net for September--- Plus 39 Points[total 3lots]

For 01-09-2010, Wednesday


Yesterday, though Nifty managed to break 50dema, managed to close above it keeping bull hopes alive. Nifty has to close above 20dema 5447 which is above 5dema 5432 that may resist any upmove.

Levels for today
[From today, we will trade minimum 2 lots of Nifty and Banknifty, keeping the levels in mind]

NIFTY SPOT5402.4
SENSEX SPOT17971.12
BANKNIFTY SPOT10746.35

NIFTY

Buy Above/SL 5439/18080 Target 5467/18168
SAR/Sell Below 5420/18023 Target ---------
Sell Below/SL --------------- Target --------
SAR/Buy Above
--------------Target --------

BANK NIFTY

Buy Above/SL 10812 Target 10864
SAR/Sell Below 10777 Target -------------
Sell Below/SL ---------Target ---------------
SAR/Buy Above --------Target --------------

Tuesday, August 31, 2010

EOD Report

Levels given today

NIFTY
Buy Above/SL 5459/181174 Target 5494/18289
SAR/Sell Below 5436/18102 Target 5393---5375/17961-17900
Sell Below/SL 5372/17890 Target 5336/17774
SAR/Buy Above
5394/17962 Target 5437--5455/18102---18165
BANK NIFTY
Buy Above/SL 10859 Target 10950
SAR/Sell Below 10802 Target 10691---10645
Sell Below/SL 10635 Target 10544
SAR/Buy Above 10692 Target 10802---10850

Trade Diary for the day:
Banknifty

9.10 am Bought BN at 10692 [Near to zero point Banknifty, we will have 50 points profit. we will close at 10742 and reenter at lower levels. ]
11.30 am Sold BN at 10742
Gain of 50 points
12.40 pm Bought BN at 10675
1.13 pm keep SL at 10675 cmp 10682
1.38 pm Sold BN at 10675
Gain of zero points
Net for the day ---------Gain of 50 Points
Net for August [19 days] ---------- Gain of 541 Points [1lot]
----------------------------------------
9.07 am Bought Nifty at 5394
9.33 am Bought Nifty at 5382
10.22 am [since nifty just momentarily broke 5472 and the low is 5371.35, we will keep the long till it breaks 5471 again ]
10.36 am again low is 5371.15.
11.10 am sold Nifty [2lots] at 5471.
Minus 34 Points [2 lots]

11.17 am Sold Nifty 5372[1lot] [Nifty touched a low of 5348]
3.02 pm Bought Nifty 5394
Minus 22 Points [1lot]
Net for the day -------Minus 56 Points
Net for August [22days] --------Gain of 587 points [2lots]

For 31-08-2010, Tuesday



Inspite of the gap up opening yesterday, Nifty could not even sustain above the 20dema and lost its gain to close flat. Last hope is the 50dema close. 5dema lesser than 20dema is good for Bears. If Nifty closes below 50dema, then, Bears will have a party this week.

LEVELS FOR TODAY
NIFTY
Buy Above/SL 5459/181174 Target 5494/18289
SAR/Sell Below 5436/18102 Target -------------

Sell Below/SL ---------------Target -------------

SAR/Buy Above -------------Target -------------
BANK NIFTY
Buy Above/SL 10859 Target 10950
SAR/Sell Below 10802 Target --------------------
Sell Below/SL ---------Target --------------------

SAR/Buy Above -----------Target -----------------

Monday, August 30, 2010

EOD Report
Levels given for the day
NIFTY
Buy Above/SL 5466/18167 Target 5511/18302
SAR/Sell Below 5436/18080 Target 5380-5367/17914--17860
Sell Below/SL 5351/17830 Target 5305/17694
SAR/Buy Above
5381/17916 Target 5437--5460/18082---18140
BANK NIFTY
Buy Above/SL 10905 Target 11049
SAR/Sell Below 10815 Target 10639---10580
Sell Below/SL 10549 Target 10405
SAR/Buy Above 10640 Target 10815---10875

Trade Diary for 30-08-10
Nifty
9.50 am Sold Nifty at 5436
11.57 am Sold Nifty at 5442
2.03 pm Bought Nifty at 5412[since we have our targt of 56 points, we will cover one lot at halfway at 30 points, which we have sold at 5442, keeping one lot short]
2.27 pm Keep SL at 5411
2.32 pm Keep SL at 5400
2.38 pm Bought Nifty at 5400
Net for the day ----- Gain of 64 Points[2lots]
Net for August [21days] --------Gain of 643 points [2lots]
-----------------------------------------------------------------
Banknifty
9.34 am Sold Banknifty at 10815
2.10 pm Bought one BN at 10700[to keep a min. 100 points profit, though the target is far away. We will short again if it goes up]

Net for the day ---------------------Gain of 115 Points
Net for August [15 days] ---------- Gain of 491 Points [1lot]

Sunday, August 29, 2010

For 30-08-2010, Monday


On friday, Nifty had taken support near the50dema at 5386 but has clearly fallen below 20dema and 5dema. This week, any bounceback due to positive global markets, will face resistance near 20dema and 5dema. The gap between these 2 emas is narrowing down and when the 5dema<20dema, the fall may accelerate. Any close above both the averages can be taken positive for the market to move up.


NIFTY SPOT5408.7
SENSEX SPOT17998.41
BANKNIFTY SPOT10727.45

Levels for today

NIFTY

Buy Above/SL 5466/18167 Target 5511/18302
SAR/Sell Below 5436/18080 Target ------
Sell Below/SL ----/------ Target -------
SAR/Buy Above
----/----- Target -------

BANK NIFTY

Buy Above/SL 10905 Target 11049
SAR/Sell Below 10815 Target ------
Sell Below/SL ----- Target ------
SAR/Buy Above ----- Target -------