NIFTY
|
MONTH
|
WEEK
|
D.spot
|
Day fut
|
Bknifty
|
MONTH
|
WEEK
|
D.spot
|
D.fut
| |
|---|---|---|---|---|---|---|---|---|---|---|
open
|
8054
|
7869
|
7936
|
7955
|
open
|
17351
|
17120
|
17336
|
17390
| |
high
|
8116
|
7959
|
7966
|
7995
|
high
|
17498
|
17403
|
17498
|
17548
| |
low
|
7714
|
7812
|
7923
|
7952
|
low
|
16587
|
16965
|
17336
|
17389
| |
close
|
7935
|
7943
|
7935
|
7981
|
close
|
17430
|
17371
|
17430
|
17483
| |
range
|
402
|
147
|
43
|
42
|
range
|
911
|
438
|
162
|
159
| |
pvt
|
7925
|
7914
|
7940
|
7977
|
pvt
|
17236
|
17278
|
17424
|
17476
| |
TH
|
8026
|
7951
|
7951
|
7988
|
TH
|
17464
|
17387
|
17464
|
17516
| |
TH2
|
8126
|
7988
|
7961
|
7998
|
th2
|
17692
|
17497
|
17505
|
17555
| |
PH
|
8227
|
8025
|
7972
|
8009
|
PH
|
17920
|
17606
|
17545
|
17595
| |
PH2
|
8428
|
8098
|
7994
|
8030
|
ph2
|
18375
|
17825
|
17626
|
17675
| |
BH
|
8629
|
8172
|
8015
|
8051
|
BH
|
18831
|
18044
|
17707
|
17754
| |
TL
|
7825
|
7878
|
7929
|
7967
|
TL
|
17009
|
17168
|
17383
|
17436
| |
TL2
|
7724
|
7841
|
7918
|
7956
|
TL2
|
16781
|
17059
|
17343
|
17396
| |
PL
|
7624
|
7804
|
7907
|
7946
|
PL
|
16553
|
16949
|
17302
|
17357
| |
PL2
|
7423
|
7731
|
7886
|
7925
|
PL2
|
16098
|
16730
|
17221
|
17277
| |
BL
|
7222
|
7657
|
7864
|
7904
|
BL
|
15642
|
16511
|
17140
|
17198
| |
BNH
|
8207
|
7967
|
7981
|
8001
|
BNH
|
17532
|
17419
|
17532
|
17581
| |
BNL
|
7604
|
7747
|
7917
|
7938
|
BNL
|
16165
|
16762
|
17289
|
17342
|
Monday, 30 November 2015
DAILY PRICE MOVEMENT TABLE -1/12/2015
Sitting sideline.
Sitting Ideal in the market is one of the toughest job, It is always tempting to make a trade.
An indiscipline trade is more dangerous than a loss making trade.
Trading is long process....
Silence between Music is great part , like waiting.
Happy Trading Zen Way..
An indiscipline trade is more dangerous than a loss making trade.
Trading is long process....
Silence between Music is great part , like waiting.
Happy Trading Zen Way..
Saturday, 28 November 2015
Trading Plan - 30/11/15
Two Major Economic News is going to come on Monday evening and Tuesday 11 am.
GDP and RBI Policy.
Since Market will move sideways, better to be in sidelines and Take a call after RBI Policy.
Happy Trading Zen Way......
DAILY PRICE MOVEMENT TABLE 30/11/15
NIFTY
|
WEEK
|
D.spot
|
Day fut
|
Bknifty
|
WEEK
|
D.spot
|
D.fut
| |
|---|---|---|---|---|---|---|---|---|
open
|
7869
|
7911
|
7929
|
open
|
17120
|
17095
|
17152
| |
high
|
7959
|
7959
|
7985
|
high
|
17403
|
17403
|
17449
| |
low
|
7812
|
7879
|
7914
|
low
|
16965
|
17049
|
17120
| |
close
|
7943
|
7943
|
7976
|
close
|
17371
|
17371
|
17420
| |
range
|
147
|
80
|
71
|
range
|
438
|
354
|
329
| |
pvt
|
7914
|
7931
|
7963
|
pvt
|
17278
|
17298
|
17352
| |
TH
|
7951
|
7951
|
7981
|
TH
|
17387
|
17387
|
17435
| |
TH2
|
7988
|
7971
|
7998
|
th2
|
17497
|
17475
|
17517
| |
PH
|
8025
|
7991
|
8016
|
PH
|
17606
|
17564
|
17599
| |
PH2
|
8098
|
8031
|
8052
|
ph2
|
17825
|
17741
|
17764
| |
BH
|
8172
|
8071
|
8087
|
BH
|
18044
|
17918
|
17928
| |
TL
|
7878
|
7911
|
7945
|
TL
|
17168
|
17210
|
17270
| |
TL2
|
7841
|
7891
|
7927
|
TL2
|
17059
|
17121
|
17188
| |
PL
|
7804
|
7871
|
7910
|
PL
|
16949
|
17033
|
17106
| |
PL2
|
7731
|
7831
|
7874
|
PL2
|
16730
|
16856
|
16941
| |
BL
|
7657
|
7791
|
7839
|
BL
|
16511
|
16679
|
16777
| |
BNH
|
7967
|
7968
|
7990
|
BNH
|
17419
|
17419
|
17464
| |
BNL
|
7747
|
7848
|
7883
|
BNL
|
16762
|
16888
|
16970
|
Friday, 27 November 2015
Nifty Trade closed
Nifty Trade closed at 7841...
Hope I have closed the trade for entire week.. Let leave the market for weekend.
Let me do my hobbies at week and take away my mind from market.
Happy Trading Zen Way....
Hope I have closed the trade for entire week.. Let leave the market for weekend.
Let me do my hobbies at week and take away my mind from market.
Happy Trading Zen Way....
Trade In Nifty - Short @11.55 - update @ 12.03 update @ 1.12
Entered Short in Nifty at 7950 with stop @ 8006.
The reason to take the trade is Nifty correct from 7974 in future , the point is PH , If nifty breaks below 7940, then the trade will be good in some sense.
Let see in coming hours.
Happy Trading Zen Way...
12.03 - Market break 7940, I have place the order at 7871 ( I may even look for 7832) but I want to feel safe and try to come out at PL ( see Daily Price movement table). I have reduced the stop to 7981.
1.12 pm - since the sell off is not fruitful, I have closed the trade @ 7841.
Happy Trading Zen Way.
The reason to take the trade is Nifty correct from 7974 in future , the point is PH , If nifty breaks below 7940, then the trade will be good in some sense.
Let see in coming hours.
Happy Trading Zen Way...
12.03 - Market break 7940, I have place the order at 7871 ( I may even look for 7832) but I want to feel safe and try to come out at PL ( see Daily Price movement table). I have reduced the stop to 7981.
1.12 pm - since the sell off is not fruitful, I have closed the trade @ 7841.
Happy Trading Zen Way.
TRADING PLAN- 27/11/15
NIFTY 50
First day of the series and last series of the calendar year. This year there is no bullish candle pattern in the yearly candle. so 50% chance it may touch 7500 low this series. The next two day is important to know how the monthly candlestick will be formed and indicators position.
Tomorrow I will look around yesterday high 7898 -7904 Nifty spot to find any resistance. Don't short if it touches 7904, wait for market to get resistance around 7925 and if they correct from there and cut and trade below 7904, Then only try to short the market at day's high or 7956 whichever is high as stop .
Tomorrow there is no predetermined trade. Wait for clues in the intra day.
Bank Nifty
The Resistance looks around 17330 levels. I have to wait for clear pattern to emerge to enter into the trade.
Don't forget the stop order, don't change the order,
Let see ...
Happy Trading Zen Way..
Thursday, 26 November 2015
DAILY PRICE MOVEMENT TABLE
NIFTY
|
WEEK
|
D.spot
|
Day fut
|
Bknifty
|
WEEK
|
D.spot
|
D.fut
| |
|---|---|---|---|---|---|---|---|---|
open
|
7733
|
7837
|
7867
|
open
|
16881
|
16988
|
17107
| |
high
|
7907
|
7897
|
7939
|
high
|
17302
|
17111
|
17187
| |
low
|
7714
|
7832
|
7867
|
low
|
16787
|
16972
|
17098
| |
close
|
7856
|
7884
|
7937
|
close
|
17055
|
17036
|
17178
| |
range
|
193
|
65
|
72
|
range
|
515
|
139
|
89
| |
pvt
|
7833
|
7874
|
7920
|
pvt
|
17050
|
17039
|
17160
| |
TH
|
7882
|
7891
|
7938
|
TH
|
17179
|
17074
|
17183
| |
TH2
|
7930
|
7907
|
7956
|
th2
|
17307
|
17108
|
17205
| |
PH
|
7978
|
7923
|
7974
|
PH
|
17436
|
17143
|
17227
| |
PH2
|
8075
|
7956
|
8010
|
ph2
|
17694
|
17213
|
17272
| |
BH
|
8171
|
7988
|
8046
|
BH
|
17951
|
17282
|
17316
| |
TL
|
7785
|
7858
|
7902
|
TL
|
16921
|
17004
|
17138
| |
TL2
|
7737
|
7842
|
7884
|
TL2
|
16792
|
16969
|
17116
| |
PL
|
7689
|
7826
|
7866
|
PL
|
16664
|
16935
|
17094
| |
PL2
|
7592
|
7793
|
7830
|
PL2
|
16406
|
16865
|
17049
| |
BL
|
7496
|
7761
|
7794
|
BL
|
16149
|
16796
|
17005
| |
BNH
|
7933
|
7904
|
7940
|
BNH
|
17426
|
17149
|
17192
| |
BNL
|
7643
|
7806
|
7832
|
BNL
|
16653
|
16940
|
17058
|
Nifty and Bank Nifty - 12.15 pm - Position - Short 12.35 updated
Still, there is no gain so far in this trade.
Who is advancing in the battle bulls or bears? Daily chart shows resistance. let see.
Future open and low (so far equal), it will attract buyer to buy and put stop below this point.
Market has to break 7836, then I can expect 7785. and 17025 if breaks in Nifty Bank, I can think of 16921.
Let see 1.30 expiry day will show some clues for the next 2 hours.
@ 12.35 5000 shares somebody sold in Bank nifty . is this seller knows?
Happy Trading Zen Way....
Who is advancing in the battle bulls or bears? Daily chart shows resistance. let see.
Future open and low (so far equal), it will attract buyer to buy and put stop below this point.
Market has to break 7836, then I can expect 7785. and 17025 if breaks in Nifty Bank, I can think of 16921.
Let see 1.30 expiry day will show some clues for the next 2 hours.
@ 12.35 5000 shares somebody sold in Bank nifty . is this seller knows?
Happy Trading Zen Way....
Nifty and Bank nifty @ 10.55 am - short trade follow up
one hour the trade still in the cost., so let me reduce the stop 7911 and 17141 resp.
Bank Nifty Short done @ 10.15
Bank Nifty
As per Plan, short made at 17085 with stop at 17226, since it not moving the expecting point of 17145 as of now, I feel I can go short at this point.
The PSU banks in the Bank Nifty looks some selling pressure, I feel this will make some resistance for Bank Nifty.
Let see in the coming hours..
Happy Trading Zen Way....
As per Plan, short made at 17085 with stop at 17226, since it not moving the expecting point of 17145 as of now, I feel I can go short at this point.
The PSU banks in the Bank Nifty looks some selling pressure, I feel this will make some resistance for Bank Nifty.
Let see in the coming hours..
Happy Trading Zen Way....
Nifty View at 9.58 am - short done
Nifty 50
Sold Nifty @ 7872 with stop at 7941, as planned.
Let see.
Happy Trading zen Way..
Sold Nifty @ 7872 with stop at 7941, as planned.
Let see.
Happy Trading zen Way..
Tuesday, 24 November 2015
Nifty and Bank Nifty - Trading Plan -26/11
NIFTY 50
Expiry week 2 days gone, market is not moved to my expected point. So how can I position my self for the next two days.
Daily charts shows there is selling pressure around 7875- 7885. so I prefer to go SHORT around 7865- 7875 with stop at 7941 for a possible target 7750. whether it is intra day or 2 days trade will be decided by the closing price and candle pattern. ( if my stop or target not met).
The last two days there is some selling pressure at 17110-17145.
Daily charts shows the buying will coming around 16810- 16830 range, I prefer to go SHORT around 17145 range stop 17342
I cannot able to pick up clues from option market.
Since market not showing any bias to bulls or bears. Let me stick to basic and be discipline in trade. if stop hits don't try to over trade.
Happy Trading Zen Way....
Expiry week 2 days gone, market is not moved to my expected point. So how can I position my self for the next two days.
Daily charts shows there is selling pressure around 7875- 7885. so I prefer to go SHORT around 7865- 7875 with stop at 7941 for a possible target 7750. whether it is intra day or 2 days trade will be decided by the closing price and candle pattern. ( if my stop or target not met).
**
NIFTY BANK.The last two days there is some selling pressure at 17110-17145.
Daily charts shows the buying will coming around 16810- 16830 range, I prefer to go SHORT around 17145 range stop 17342
**
Since market not showing any bias to bulls or bears. Let me stick to basic and be discipline in trade. if stop hits don't try to over trade.
Happy Trading Zen Way....
Daily Price movement Table - 26/11- NIFTY AND BANK NIFTY
NIFTY
|
WEEK
|
Day spot
|
Day fut
|
BANK NIFTY
|
WEEK
|
Day spot
|
day fut
| |
|---|---|---|---|---|---|---|---|---|
open
|
7733
|
7837
|
7826
|
open
|
16881
|
17013
|
17018
| |
high
|
7907
|
7870
|
7875
|
high
|
17302
|
17108
|
17110
| |
low
|
7714
|
7813
|
7806
|
low
|
16787
|
16965
|
16950
| |
close
|
7856
|
7832
|
7832
|
close
|
17055
|
16989
|
17020
| |
range
|
193
|
58
|
69
|
range
|
515
|
144
|
160
| |
pvt
|
7833
|
7837
|
7836
|
pvt
|
17050
|
17013
|
17025
| |
TH
|
7882
|
7851
|
7853
|
TH
|
17179
|
17049
|
17065
| |
TH2
|
7930
|
7865
|
7871
|
th2
|
17307
|
17084
|
17105
| |
PH
|
7978
|
7880
|
7888
|
PH
|
17436
|
17120
|
17145
| |
PH2
|
8075
|
7909
|
7922
|
ph2
|
17694
|
17192
|
17225
| |
BH
|
8171
|
7938
|
7957
|
BH
|
17951
|
17264
|
17305
| |
TL
|
7785
|
7822
|
7819
|
TL
|
16921
|
16977
|
16985
| |
TL2
|
7737
|
7808
|
7802
|
TL2
|
16792
|
16941
|
16945
| |
PL
|
7689
|
7793
|
7785
|
PL
|
16664
|
16905
|
16905
| |
PL2
|
7592
|
7764
|
7750
|
PL2
|
16406
|
16833
|
16825
| |
BL
|
7496
|
7736
|
7716
|
BL
|
16149
|
16762
|
16745
| |
BNH
|
7933
|
7890
|
7897
|
BNH
|
17426
|
17168
|
17155
| |
BNL
|
7643
|
7803
|
7794
|
BNL
|
16653
|
16953
|
16915
|
Monday, 23 November 2015
NIFTY AND BANK NIFTY PRE MARKET - TRADING PLAN - 24/11
NIFTY 50
One day passed on the expiry week without giving any directional clue.
Follow the previous day plan, wait for the range to hit and take opposite view.
Bank Nifty
Follow the previous day plan wait for the range to hit and take opposite view.
Let see in the market hours, there any need to change yesterday plan.
Be clam, don't get excited too much to find a trade...
Happy Trading Zen Way...
One day passed on the expiry week without giving any directional clue.
Follow the previous day plan, wait for the range to hit and take opposite view.
Bank Nifty
Follow the previous day plan wait for the range to hit and take opposite view.
Let see in the market hours, there any need to change yesterday plan.
Be clam, don't get excited too much to find a trade...
Happy Trading Zen Way...
DAILY PRICE MOVEMENT 24/11/15
NIFTY
|
WEEK
|
Day spot
|
Day futu
|
****
|
BKNIFTY
|
WEEK
|
Day spot
|
Day fut
|
|---|---|---|---|---|---|---|---|---|
open
|
7733
|
7870
|
7873
|
open
|
16881
|
17120
|
17080
| |
high
|
7907
|
7877
|
7879
|
high
|
17302
|
17126
|
17138
| |
low
|
7714
|
7825
|
7822
|
low
|
16787
|
16969
|
16962
| |
close
|
7856
|
7849
|
7853
|
close
|
17055
|
17060
|
17060
| |
range
|
193
|
52
|
57
|
range
|
515
|
157
|
176
| |
pvt
|
7833
|
7850
|
7852
|
pvt
|
17050
|
17054
|
17055
| |
TH
|
7882
|
7863
|
7866
|
TH
|
17179
|
17093
|
17099
| |
TH2
|
7930
|
7876
|
7880
|
th2
|
17307
|
17132
|
17143
| |
PH
|
7978
|
7889
|
7895
|
PH
|
17436
|
17172
|
17187
| |
PH2
|
8075
|
7915
|
7923
|
ph2
|
17694
|
17250
|
17275
| |
BH
|
8171
|
7941
|
7952
|
BH
|
17951
|
17329
|
17363
| |
TL
|
7785
|
7837
|
7838
|
TL
|
16921
|
17015
|
17011
| |
TL2
|
7737
|
7824
|
7823
|
TL2
|
16792
|
16975
|
16967
| |
PL
|
7689
|
7811
|
7809
|
PL
|
16664
|
16936
|
16923
| |
PL2
|
7592
|
7785
|
7781
|
PL2
|
16406
|
16858
|
16835
| |
BL
|
7496
|
7759
|
7752
|
BL
|
16149
|
16779
|
16747
| |
BNH
|
7933
|
7891
|
7892
|
BNH
|
17426
|
17159
|
17177
| |
BNL
|
7643
|
7813
|
7807
|
BNL
|
16653
|
16924
|
16913
|
Saturday, 21 November 2015
NIFTY AND BANK NIFTY PRE-MARKET - TRADING PLAN 23/11
Nifty 50
Expiry week, Players will look to trade in option to reduce risk and want to win big and players who are in loss for the series, want to bet more money on option in the next 4 days.
My daily trade plan will be to look a trade for the entire week and plan the day accordingly.
I have to be caution not to go for option, if my trade hits stop loss.
I will buy option only if it gives 10 times return. For that I have to calculate and define my entry point. If I think 7950 will be possible in this series. I will look at 7900 CE at Rs.5 only.
Don't buy any option, if this condition not satisfied.
This series open 8111 - high so far 8146. Low so far 7714 Last 3 weeks closing.
6/11/15 - 7954
13/11/15- 7762
20/11/15- 7856
CMP - 7856. It shows the expiry week range will be around 7762 - 7954.
Plan A will be wait for the high/low range to hit and to take opposite view. Charts weekly showing there is some resistance at 7937.
Bank Nifty
This series Open 17249 High 17486 low 16587 so far
Last 3 Weeks Closing : 6/11/15 - 17086
13/11/15 - 16932
20/11/15 - 17055
CMP - 17055 . It shows the expiry week range will be around 16587 - 17486.
Plan A will be wait for the high/low range to hit and to take opposite view. Charts weekly showing there is some resistance at 17450.
Happy Trading Zen Way...
Expiry week, Players will look to trade in option to reduce risk and want to win big and players who are in loss for the series, want to bet more money on option in the next 4 days.
My daily trade plan will be to look a trade for the entire week and plan the day accordingly.
I have to be caution not to go for option, if my trade hits stop loss.
I will buy option only if it gives 10 times return. For that I have to calculate and define my entry point. If I think 7950 will be possible in this series. I will look at 7900 CE at Rs.5 only.
Don't buy any option, if this condition not satisfied.
This series open 8111 - high so far 8146. Low so far 7714 Last 3 weeks closing.
6/11/15 - 7954
13/11/15- 7762
20/11/15- 7856
CMP - 7856. It shows the expiry week range will be around 7762 - 7954.
Plan A will be wait for the high/low range to hit and to take opposite view. Charts weekly showing there is some resistance at 7937.
Bank Nifty
This series Open 17249 High 17486 low 16587 so far
Last 3 Weeks Closing : 6/11/15 - 17086
13/11/15 - 16932
20/11/15 - 17055
CMP - 17055 . It shows the expiry week range will be around 16587 - 17486.
Plan A will be wait for the high/low range to hit and to take opposite view. Charts weekly showing there is some resistance at 17450.
Happy Trading Zen Way...
WEEK / DAILY PRICE MOVEMENT - 23/11/15
| NIFTY | WEEK | Day spot | Day fut | BANK NIFTY | WEEK | Day spot | day fut | |
|---|---|---|---|---|---|---|---|---|
| open |
7733
|
7841
|
7854
|
open
|
16881
|
17022
|
17028
| |
high
|
7907
|
7907
|
7924
|
high
|
17302
|
17262
|
17349
| |
low
|
7714
|
7818
|
7822
|
low
|
16787
|
16931
|
16942
| |
close
|
7856
|
7856
|
7852
|
close
|
17055
|
17055
|
17050
| |
range
|
193
|
89
|
102
|
range
|
515
|
331
|
407
| |
pvt
|
7833
|
7859
|
7863
|
pvt
|
17050
|
17076
|
17098
| |
TH
|
7882
|
7882
|
7888
|
TH
|
17179
|
17159
|
17200
| |
TH2
|
7930
|
7904
|
7914
|
th2
|
17307
|
17241
|
17301
| |
PH
|
7978
|
7926
|
7939
|
PH
|
17436
|
17324
|
17403
| |
PH2
|
8075
|
7971
|
7990
|
ph2
|
17694
|
17490
|
17607
| |
BH
|
8171
|
8015
|
8041
|
BH
|
17951
|
17655
|
17810
| |
TL
|
7785
|
7837
|
7837
|
TL
|
16921
|
16993
|
16996
| |
TL2
|
7737
|
7815
|
7812
|
TL2
|
16792
|
16910
|
16894
| |
PL
|
7689
|
7793
|
7786
|
PL
|
16664
|
16828
|
16793
| |
PL2
|
7592
|
7748
|
7735
|
PL2
|
16406
|
16662
|
16589
| |
BL
|
7496
|
7704
|
7684
|
BL
|
16149
|
16497
|
16386
| |
BNH
|
7933
|
7933
|
7960
|
BNH
|
17426
|
17366
|
17499
| |
BNL
|
7643
|
7799
|
7807
|
BNL
|
16653
|
16869
|
16888
|
Friday, 20 November 2015
Tata Motors Follow up with yesterday trade.
Tata Motors
Sold the future @ 407.2 coverd @ 3.00 pm 20/11 403.7
But still the chart is negative.
If any rise on Monday, I can think of re-enter at 410 levels with same 421 stop.
Happy Trading zen Way..
Sold the future @ 407.2 coverd @ 3.00 pm 20/11 403.7
But still the chart is negative.
If any rise on Monday, I can think of re-enter at 410 levels with same 421 stop.
Happy Trading zen Way..
Closed Trade in Bank nifty and Nifty
As per Expected line , Market given what I want.
I have closed the trade in bank nifty and Nifty 11.23 17300 and 7915
Friday is good. and I am signing off for the week.
Happy Trading Zen Way...
I have closed the trade in bank nifty and Nifty 11.23 17300 and 7915
Friday is good. and I am signing off for the week.
Happy Trading Zen Way...
Nifty and Bank Nifty 10.50 Moving up fast
As expected in plan market moved i am looking at 7937 in nifty fut 17300 in bank nifty,
let see
Happy trading zen way.....
let see
Happy trading zen way.....
Nifty Long Call Initiated at 9.58
Nifty 50
Nifty buy Call initiated @ 7828, as per the pre market plan. as per plan stop 7789
Let see in coming hours
Happy Trading zen way...
Nifty buy Call initiated @ 7828, as per the pre market plan. as per plan stop 7789
Let see in coming hours
Happy Trading zen way...
Bank Nifty Long initiated @ 9.58 am
Bank Nifty
Long Initiated at 16979 as per plan.. with stop 16846
let see in the coming hours...
Long Initiated at 16979 as per plan.. with stop 16846
let see in the coming hours...
NIFTY 50 AND BANK NIFTY- PRE OPEN TRADING PLAN - 20/11/2015
NIFTY 50
Today Market closed at the high point of the day. As per weekly chart , tomorrow is also a bull candle. I am expecting 7950 in future.
Today market make me to be more bullish in the coming days. let see and I want to trade each day according to the merit of the charts.
My predetermined point to enter long. 8415 , 35 points below the close. Even I can give +10 points above the point. 8424... with a stop 7789.
I don't want to try to short the market, even my stop get hit.
Tomorrow buy nifty at the opening or the predetermined point 8415 -8424. whichever is less.
Bank Nifty
Yesterday Bank Nifty not outperformed Nifty. Today I am expecting Bank Nifty to outperform the Nifty 50
My predetermined point to enter long 16979 , even around 17000 I can buy Bank nifty with stop at 16846.
I don't want to short Bank Nifty tomorrow. Charts look upside for the next few days. I want to take each day as it comes.
Weekly basis bank nifty outperformed Nifty this week. 17300 look possible, If I got good entry point, I will carry the long with trailing stop up to 17300.
Let see what stored this Friday, whatever be the result , I want to be disciplined in my trade.
Happy Trading zen way....
Today Market closed at the high point of the day. As per weekly chart , tomorrow is also a bull candle. I am expecting 7950 in future.
Today market make me to be more bullish in the coming days. let see and I want to trade each day according to the merit of the charts.
My predetermined point to enter long. 8415 , 35 points below the close. Even I can give +10 points above the point. 8424... with a stop 7789.
I don't want to try to short the market, even my stop get hit.
Tomorrow buy nifty at the opening or the predetermined point 8415 -8424. whichever is less.
Bank Nifty
Yesterday Bank Nifty not outperformed Nifty. Today I am expecting Bank Nifty to outperform the Nifty 50
My predetermined point to enter long 16979 , even around 17000 I can buy Bank nifty with stop at 16846.
I don't want to short Bank Nifty tomorrow. Charts look upside for the next few days. I want to take each day as it comes.
Weekly basis bank nifty outperformed Nifty this week. 17300 look possible, If I got good entry point, I will carry the long with trailing stop up to 17300.
Let see what stored this Friday, whatever be the result , I want to be disciplined in my trade.
Happy Trading zen way....
Daily Price Movement - 20/11/15
| NIFTY | Day spot | Day fut | BANK NIFTY | Day spot | day fut | |
|---|---|---|---|---|---|---|
| open | 7788 | 7791 | open | 16944 | 16950 | |
| high | 7855 | 7871 | high | 17110 | 17150 | |
| low | 7765 | 7771 | low | 16874 | 16883 | |
| close | 7842 | 7859 | close | 17071 | 17075 | |
| range | 90 | 100 | range | 236 | 267 | |
| pvt | 7826 | 7840 | pvt | 17032 | 17046 | |
| TH | 7848 | 7865 | TH | 17091 | 17113 | |
| TH2 | 7871 | 7890 | th2 | 17150 | 17179 | |
| PH | 7893 | 7915 | PH | 17209 | 17246 | |
| PH2 | 7938 | 7965 | ph2 | 17327 | 17380 | |
| BH | 7983 | 8015 | BH | 17445 | 17513 | |
| TL | 7804 | 7815 | TL | 16973 | 16979 | |
| TL2 | 7781 | 7790 | TL2 | 16914 | 16912 | |
| PL | 7759 | 7765 | PL | 16855 | 16846 | |
| PL2 | 7714 | 7715 | PL2 | 16737 | 16712 | |
| BL | 7669 | 7665 | BL | 16619 | 16579 | |
| BNH | 7861 | 7877 | BNH | 17130 | 17188 | |
| BNL | 7727 | 7727 | BNL | 16776 | 16787 |
Thursday, 19 November 2015
NIFTY AND BANK NIFTY VIEW AT 12.30 PM.
NIFTY.
Market moved upwards from the start of the innings. now + 85 advance 40 decline 10.
More than +1.5 % is 15 scrip.
Can I expect any U-turn from here. ? logically it is good thinking, but, charts or price action never hints any sell-off.
It is compulsory to find the answer and trade in Nifty today?.
Silence is the most powerful tool in Argument.
Let me watch the show as of now....
Bank Nifty.
Doing the same thing as nifty. Moving up and maintain the run rate.
Need powerful Seller to take wickets.
Let me wait and watch..
Happy Trading Zen Way....
Market moved upwards from the start of the innings. now + 85 advance 40 decline 10.
More than +1.5 % is 15 scrip.
Can I expect any U-turn from here. ? logically it is good thinking, but, charts or price action never hints any sell-off.
It is compulsory to find the answer and trade in Nifty today?.
Silence is the most powerful tool in Argument.
Let me watch the show as of now....
Bank Nifty.
Doing the same thing as nifty. Moving up and maintain the run rate.
Need powerful Seller to take wickets.
Let me wait and watch..
Happy Trading Zen Way....
Tata Motors - 410 Wall - short initiated...
Tata Motors
410 mark looks like a great wall . today the open and high is equal in cash 409.9. I am looking to short this scrip around 408. with a stop @ 421.
If it breaks 396, there is more downside is possible.
Now the cmp is around 405. at 9.50 am,
Let see..
Happy Trading Zen Way...
10.23 - short initiated at 407.2 in future with stop at 421.
410 mark looks like a great wall . today the open and high is equal in cash 409.9. I am looking to short this scrip around 408. with a stop @ 421.
If it breaks 396, there is more downside is possible.
Now the cmp is around 405. at 9.50 am,
Let see..
Happy Trading Zen Way...
10.23 - short initiated at 407.2 in future with stop at 421.
Nifty - BankNifty - Daily Price Movement Table - 19/11/15
| Day Price Movement Table. | ||||||
| NIFTY | Day spot | Day fut | BANK NIFTY | Day spot | day fut | |
| open | 7823 | 7838 | open | 17108 | 17150 | |
| high | 7843 | 7855 | high | 17186 | 17235 | |
| low | 7725 | 7725 | low | 16787 | 16787 | |
| close | 7732 | 7727 | close | 16812 | 16790 | |
| range | 118 | 130 | range | 399 | 448 | |
| pvt | 7758 | 7759 | pvt | 16899 | 16901 | |
| TH | 7788 | 7791 | TH | 16999 | 17013 | |
| TH2 | 7817 | 7824 | th2 | 17099 | 17125 | |
| PH | 7847 | 7856 | PH | 17199 | 17237 | |
| PH2 | 7906 | 7921 | ph2 | 17398 | 17461 | |
| BH | 7965 | 7986 | BH | 17598 | 17685 | |
| TL | 7729 | 7726 | TL | 16800 | 16789 | |
| TL2 | 7699 | 7694 | TL2 | 16700 | 16677 | |
| PL | 7670 | 7661 | PL | 16600 | 16565 | |
| PL2 | 7611 | 7596 | PL2 | 16401 | 16341 | |
| BL | 7552 | 7531 | BL | 16201 | 16117 | |
| BNH | 7899 | 7919 | BNH | 17373 | 17458 | |
| BNL | 7722 | 7724 | BNL | 16775 | 16786 | |
NIFTY 50 - NIFTY BANK - PRE-OPEN TRADING PLAN. - 19/11/15
Nifty 50
Yesterday, I have some clues that Market got some resistance wall at 7850 levels. and made short at Bank Nifty.
Market closed the at the low point of the day. Shorting at this point is very risky. 7725 level.
The predetermined point for short will be around 7788- 7800 at spot, and it is nearly 1% from the low of the day. If market bounce 1%, Is it wise to short?, I think the risk reward will not favor and also if market move up another 30 points, it became highly bullish.
So what can I do... can I think long.. of course it seems good, but where I have to buy..
Predetermined point is around 7661, if that points comes, more panic will come and whatever my stop will be hit....
Market will show the strength in long side then only I can go long... for that, a gap up is needed and a five minute low, one hour low and previous day long, should be hold. and I have to gamble only 20 points in the long side... Otherwise I have to wait for Power Play hours to settle.
So I decided, I have to look for long at 1.30 pm, w.r.t above condition.
Bank Nifty
I have to decided around 1 or 1.30 pm , If the open and low is same( up to 1 pm), it will be advantage for long.
If its hold previous day low. 16787 in spot or future. think about long...
Otherwise be on sideline.. Watch bulls vs bear fight..
Happy Trading Zen Way.
Yesterday, I have some clues that Market got some resistance wall at 7850 levels. and made short at Bank Nifty.
Market closed the at the low point of the day. Shorting at this point is very risky. 7725 level.
The predetermined point for short will be around 7788- 7800 at spot, and it is nearly 1% from the low of the day. If market bounce 1%, Is it wise to short?, I think the risk reward will not favor and also if market move up another 30 points, it became highly bullish.
So what can I do... can I think long.. of course it seems good, but where I have to buy..
Predetermined point is around 7661, if that points comes, more panic will come and whatever my stop will be hit....
Market will show the strength in long side then only I can go long... for that, a gap up is needed and a five minute low, one hour low and previous day long, should be hold. and I have to gamble only 20 points in the long side... Otherwise I have to wait for Power Play hours to settle.
So I decided, I have to look for long at 1.30 pm, w.r.t above condition.
Bank Nifty
I have to decided around 1 or 1.30 pm , If the open and low is same( up to 1 pm), it will be advantage for long.
If its hold previous day low. 16787 in spot or future. think about long...
Otherwise be on sideline.. Watch bulls vs bear fight..
Happy Trading Zen Way.
Wednesday, 18 November 2015
covered Bank Nifty @ 1.22 17045
Job Done Successfully.
Bank Nifty Covered @ 17045 1.22 pm.
But view is still Negative about market. So don't want to try go long at lower level.
Bank Nifty Covered @ 17045 1.22 pm.
But view is still Negative about market. So don't want to try go long at lower level.
Bank Nifty Trade is in profit, let the profit run or book profit.
At 1.00 Pm
Bank Nifty @ 17140... whether I have to book profit or let me wait.?
Better I can reduce the stop to 17251...
Daily range will be 200 for bank nifty, so i put the order at 17030 to cover my short...
Let see...
Happy Trading Zen way...
Bank Nifty @ 17140... whether I have to book profit or let me wait.?
Better I can reduce the stop to 17251...
Daily range will be 200 for bank nifty, so i put the order at 17030 to cover my short...
Let see...
Happy Trading Zen way...
Follow up the trade in Bank Nifty
Trade done at 10 am in Bank nifty @ 17195 now at 17170. nothing to take away this hour trade.
just stick the trade..
Let me wait, for the market to tell where it is trying to go? ... in the next hour...
Reason Stick to the trade .... Bank nifty is trading below pivot point of 17154 spot.. for the last one hour...
Happy Trading Zen Way.....
just stick the trade..
Let me wait, for the market to tell where it is trying to go? ... in the next hour...
Reason Stick to the trade .... Bank nifty is trading below pivot point of 17154 spot.. for the last one hour...
Happy Trading Zen Way.....
Trade initiated at 10 am. Power play hours.
Bank Nifty sold @ 17195 as per plan.. with stop @ 17404
Nifty also touched the planned point. but not taken the trade.
Let see the next hour Movement....
Nifty also touched the planned point. but not taken the trade.
Let see the next hour Movement....
NIFTY 50 - NIFTY BANK - PRE-OPEN PLAN.
Nifty 50
Yesterday Nifty 50 can easily manage to surpass 7900, but there is so much selling pressure around 7850 -7860 spot level.
Now , how can I trade today. Short or Long?......
Since market shown some resistance wall around 7860. my plan is looking to SHORT the market.
Predetermined point to short in future level will be around 7895 -7905. (As per Daily PM Table). stop at 7945.
If Market opens gap down - I will watch the levels of 7866 to enter short. If I am not able to get 7866, I may look around 7846 -7850 - (Pivot levels). Don't sell below this level in the Power Play Hours. 9-11 am. If I enter around the above point the stop will be 7905.
Nifty Bank - Bank Nifty.
Predetermined point for short - 17367- 17394 stop at 17503.
If Bank Nifty opens gap down - watch level - 17240- 17300. to enter short. below 17178 is not a good selling point in the Power Play hours. If I enter around the above point the stop is 17404.
Happy Trading Zen Way...
Yesterday Nifty 50 can easily manage to surpass 7900, but there is so much selling pressure around 7850 -7860 spot level.
Now , how can I trade today. Short or Long?......
Since market shown some resistance wall around 7860. my plan is looking to SHORT the market.
Predetermined point to short in future level will be around 7895 -7905. (As per Daily PM Table). stop at 7945.
If Market opens gap down - I will watch the levels of 7866 to enter short. If I am not able to get 7866, I may look around 7846 -7850 - (Pivot levels). Don't sell below this level in the Power Play Hours. 9-11 am. If I enter around the above point the stop will be 7905.
Nifty Bank - Bank Nifty.
Predetermined point for short - 17367- 17394 stop at 17503.
If Bank Nifty opens gap down - watch level - 17240- 17300. to enter short. below 17178 is not a good selling point in the Power Play hours. If I enter around the above point the stop is 17404.
Happy Trading Zen Way...
Nifty - BankNifty - Daily Price Movement Table
| NIFTY | Day spot | Day fut | BANK NIFTY | Day spot | day fut | |
| open | 7848 | 7859 | open | 17302 | 17310 | |
| high | 7860 | 7880 | high | 17302 | 17317 | |
| low | 7793 | 7801 | low | 17028 | 17065 | |
| close | 7838 | 7851 | close | 17140 | 17164 | |
| range | 67 | 79 | range | 274 | 252 | |
| pvt | 7832 | 7846 | pvt | 17153 | 17178 | |
| TH | 7849 | 7866 | TH | 17221 | 17241 | |
| TH2 | 7866 | 7885 | th2 | 17290 | 17304 | |
| PH | 7883 | 7905 | PH | 17358 | 17367 | |
| PH2 | 7916 | 7945 | ph2 | 17495 | 17493 | |
| BH | 7950 | 7984 | BH | 17632 | 17619 | |
| TL | 7816 | 7826 | TL | 17084 | 17115 | |
| TL2 | 7799 | 7806 | TL2 | 17016 | 17052 | |
| PL | 7782 | 7787 | PL | 16947 | 16989 | |
| PL2 | 7749 | 7747 | PL2 | 16810 | 16863 | |
| BL | 7715 | 7708 | BL | 16673 | 16737 | |
| BNH | 7871 | 7895 | BNH | 17383 | 17394 | |
| BNL | 7771 | 7776 | BNL | 16972 | 17016 |
Subscribe to:
Posts (Atom)