TOUGH DAY

Markets pleased to deceive today by not sustaining 4400 NS levels and the slow unwinding took its own time bringing the markets down to the support zone of 4250 app.. So what do we have now..close of today is at 4290 ( We are now testing the lower range of 4300-4500) any more fall from here can take us all the way to 4220-30 zone again..resistance now lies around 4340 zone ..Trade with care in the coming days in case 4220 breaks ..enjoy the day cheers..

RANGE BOUND TRADE

Global markets are positive, Range for us is set at 4300-4500..the bias is towards the positive side as of now ( 4250 support held well a few days back ), Swings will be available to savvy traders for good intraday gains..Trade accordingly..cheers

EVEN STEVENS DAY

Markets just abt. kept the consolidation mode today giving away nothing nor gaining anything ..The morning dips bought into & late afternoon sold off quickly..4450 will remain a feed area above which is 4510..supports at 4290-4310 ..It was a great trading day again, which gave sufficient gains due to the Big Swings Intraday..Volatality will surely be the key in the coming days .take care enjoy the day..cheers.

WEEK AHEAD

Markets took support around 4250 zone and rallied from there after FII buying came in..4300 zone is S/R area for this week with targets around 4430-50 to start with. A Event is again there by the coming week of the budget & cross of 4450 can take the 4550-4600 zone again..& break of 4300 takes us all the way to 4150 or below..Trade accordingly cheers..

SPECTACULAR RALLY

Markets just about discounted every thing..(FII selling , bad moonsoon etc etc ) to move slowly but surely from supports of 4250 zone ..to the resistance zone of 4405-4450..with supports now at 4350 and 4290.. 4290 is turning out to be the key area for short term traders to trade..Shorts did get caught today , and their covering kept taking markets higher...Very interesting turn now ..we are close to last months close of 4446 and 2 days trading still left..enjoy the weekend..cheers

NEW SERIES

June series closed on a negative note..FIIs still net sellers everyday..Every rise is being sold into now..For today range..look for 4280-4290 on the higher side and 4220-4200 on the lower side ..Markets may move in a narrow range before they make a move..use 4250 as S/R..enjoy the day cheers..

SWINGING MATCH

Markets almost took to the range 4250-4350 as mentioned by me, Great swinging day again, though markets did nothing for most part of the day after open7 the initial slide , Till the last move down..( we too did nothing after the intial trade due to the very narrow range of the market , today seemed to be a rest day ..)The point to be noted here by techno guys .. is that we are closing BELOW LAST MONTHS settlement of (4337) & may end up closing below last months close 0f (4448).. too..This has happened after many months and does have a Technical signature ....lets look deeper into this over the weekend..enjoy the day ..cheers.

SETTELMENT DAY

Markets tested low around 4220, made a higher low to 4143 , moved on to close at app. the high point of the day..( swing trading worked well again )..Retracements were to take us to app. 4400 zone over 4290....4290 is the zone to watch again for support while resistance being first at 4350 then at 4405 range..Last trading day could be volatile so Trade accordingly..enjoy the day ..cheers

MARKET SWINGS

Today again the Markets gave very good swings UP/DOWN/UP..giving ample opportunity to techno savvy traders to go in BOTH DIRECTIONS and take good gains..Well 4220-4300 was the App. range of the day and the market just about did that..The range may extend to 4250-4350 now..enjoy the day cheers..

SETTLEMENT BLUES

TWO days to settlement..cues are soft FII's still selling..(they hv. been selling from the tops )Where are we headed..4225 should be S/R for today with resistance around 4290-4300 or supports around 4140-50, Wild swings would surely help the technical swing traders with good gains intraday...Trade accordingly ,,cheers

ANOTHER TRADING SYSTEM

Many friends visiting here have been enquiring about our Sample trading calls/systems.. I am posting another chart /trading system we use for our positional/intraday calls for Nifty futures/options..This clearly explains how the markets traded from the top of 4693 till todays low of 4143..The chart is self explanatory and gives clear signals of BUY/SELL..(Pure Technicals) we do also use a few more charts/parameters /systems in our day to day trading and calls for optimising profits for our clients.. (As per this system in case if CROSS OVER takes place here upwards ,we will move towards the PINK LINE..)...Hope this awnsers everyones querries...enjoy the day Cheers..
PS:Do join us in our paid service in case you are still struggling daily with nifty futures & options and and are unable to figure on directions and levels etc ..
We are now offering special services for HNI's & BULK NIFTY FUTURE/OPTION players.
You can also learn technicals from us thru the NET during weekends to trade youself like a PRO.

ANOTHER INTRA TRADING DAY

A very good day again today for intraday traders..Markets fell hard to bounce back & forth around yesterdays close. 4150 provided the much needed support in the morning, though 4280 in NS could not be achieved intraday..Markets are nervous still and it seems on every rise unwinding is taking place. 4200-4250 zone is very important now for BULLS to protect otherwise we can go much deeper down , as still lots of profits on the table..Tomorrow is another day and intraday tech traders must be all smiling at the HUGE SWINGS..they r getting everyday in INTRA trades..cheers..

SELLOUT ALL OVER

Global cues suggest a gap down ( SGX NIFTY is down)..Break of 4200 (our range was 4200-4300-4400) should take us to 4150-4100 around..almost 600 points from the Top..supports lie at 4150 and deeper at 4090..some select trading/delivery buying can be done on these good dips for gains on the bounce.happy trading....cheers

STILL WEAK

Markets it seemed pleased to deceive today in the opning session..opened up then traded lower & lower all through the day..closing literally at the lows of the day..Well I had written in the blog on saturdays post of WEEK AHEAD that below 4300 ...tricky & caution..( hope it helped friends visiting here)We are approaching 4200 zone , lets see whether this holds or not..Only above 4300 Markets can show some strength..Another day of good swing trading..enjoy the day cheers..

TRADE WITH CARE

Range for this week should be around 4200-4400..Break either way can take markets 150-200 points..As this is settlement week ,Volatality maybe at the fore , so trade carefully & in the direction as swings could be big....enjoy the day..cheers.