Todays Nifty futures levels are :
High Target 2 - 5615
High Target 1 - 5586
Resistance 2 - 5559
Resistance 1 - 5535
Support 1 - 5487
Support 2 - 5463
Low Target 1 - 5436
Low Target 2 - 5409
Wednesday, March 23, 2011
Tuesday, March 22, 2011
Trading levels for today 23rd March
Yesterdays profit was between 47-60 points for a minimum of 1 and maximum of 2 trades.
Today two trades so far would give you 46 points, the first being a stop loss trade. And currently out of the market.
Todays levels
Higher target 2 - 5532
Higher target 1 - 5505
Resistance 2 - 5477 - add quantities for long any time nifty crosses this from below or kisses from above.
Resistance 1 - 5460 - go long if nifty crosses from below and add more quantity if already long.
Support 1 - 5426 - go long above this level and short below.
Support 2 - 5410 - add more quantity to short.
Lower target 1 - 5383
Lower target 2 - 5357
Always use stop profit for capturing maximum profits (10 points below high or 10 points above low for longs and shorts respectively). Always use stop losses whenever trade initiated. Its better to minimise loss rather than be sorry with heavy losses.
Have a great day.
Today two trades so far would give you 46 points, the first being a stop loss trade. And currently out of the market.
Todays levels
Higher target 2 - 5532
Higher target 1 - 5505
Resistance 2 - 5477 - add quantities for long any time nifty crosses this from below or kisses from above.
Resistance 1 - 5460 - go long if nifty crosses from below and add more quantity if already long.
Support 1 - 5426 - go long above this level and short below.
Support 2 - 5410 - add more quantity to short.
Lower target 1 - 5383
Lower target 2 - 5357
Always use stop profit for capturing maximum profits (10 points below high or 10 points above low for longs and shorts respectively). Always use stop losses whenever trade initiated. Its better to minimise loss rather than be sorry with heavy losses.
Have a great day.
Monday, March 21, 2011
Camarilla levels for 22 March 2011
Today is a positive day...Nifty fut opened at 5403.7, which is in between the Camarilla support and resistance. After twenty minutes, the charts formed a higher swing low compared to yesterday and the uptrend started.
The levels today are:
Resistance 1 at 5411 - Go long above this level for targets and breakout above 5429 to 5457 and 5458.
For any possible drop, short at 5411 for targets of 5375, 5356 (further short breakout) and targets of 5330 and 5303.
Have a great day,
Abnash
The levels today are:
Resistance 1 at 5411 - Go long above this level for targets and breakout above 5429 to 5457 and 5458.
For any possible drop, short at 5411 for targets of 5375, 5356 (further short breakout) and targets of 5330 and 5303.
Have a great day,
Abnash
Sunday, March 20, 2011
Camarilla levels for Nifty futures on 21-3-2011
Here are the day trading levels using the Camarilla method:
Resistance 1 and 2 are 5426 and 5457 respectively.
Supports 1 and 2 are 5364 and 5334 respectively.
Go long at any of the following:
Nifty futures kiss 5364 and start moving up or crosses 5426.
Add more qty at 5457 for targets of 5484 and 5512.
Go short at any of the following:
Nifty futures kiss 5426 and start falling down or cross 5364.
Add more quantity on crossing of 5334 for targets of 5307 and 5281.
Always follow the direction. Use strict stoplosses.
Resistance 1 and 2 are 5426 and 5457 respectively.
Supports 1 and 2 are 5364 and 5334 respectively.
Go long at any of the following:
Nifty futures kiss 5364 and start moving up or crosses 5426.
Add more qty at 5457 for targets of 5484 and 5512.
Go short at any of the following:
Nifty futures kiss 5426 and start falling down or cross 5364.
Add more quantity on crossing of 5334 for targets of 5307 and 5281.
Always follow the direction. Use strict stoplosses.
Tuesday, March 15, 2011
Trading ideas for 16 March
You can trade with gut feel.. thats like trading like a monkey!
Be informed.. trade with the right trending signals..
You can follow the technical trades which for today gave a profit of 100 points excluding the massive gap down opening today through a total of 7 trades which included three stop loss levels. With cost of each trade being around 3 points each, overall a net profit of 89 points.
You can also follow the Camarilla formula guided trading levels which for tomorrow are :
For long trades:
Buy at 5429 if nifty kisses that level and moves up for targets of 5495,5511,5527,5578,5606 and 5633. You can increase quantities that you hold or initiate fresh trades at 5527 and 5578 levels. Strict stop losses of 4 points for any trade.
For short trades:
Short at 5527 for targets of 5462,5445,5429,5479,5353 and 5327. Increase quantities or initiate fresh shorts at 5429 and 5479. Strict stop losses as usual. 4 points for nifty and Rs 2 for all calls.
Trades can be entered multiple times in the direction (long/short).
Good luck.. and See you tomorrow.
Be informed.. trade with the right trending signals..
You can follow the technical trades which for today gave a profit of 100 points excluding the massive gap down opening today through a total of 7 trades which included three stop loss levels. With cost of each trade being around 3 points each, overall a net profit of 89 points.
You can also follow the Camarilla formula guided trading levels which for tomorrow are :
For long trades:
Buy at 5429 if nifty kisses that level and moves up for targets of 5495,5511,5527,5578,5606 and 5633. You can increase quantities that you hold or initiate fresh trades at 5527 and 5578 levels. Strict stop losses of 4 points for any trade.
For short trades:
Short at 5527 for targets of 5462,5445,5429,5479,5353 and 5327. Increase quantities or initiate fresh shorts at 5429 and 5479. Strict stop losses as usual. 4 points for nifty and Rs 2 for all calls.
Trades can be entered multiple times in the direction (long/short).
Good luck.. and See you tomorrow.
Free Nifty Trading Ideas for Day trading
Hi Folks,
In case you want to daytrade the nifty and have wondered how to, then just follow this site. Nifty trading calls will be posted here based on technical charts on a real time basis.
So profit from this. Remember, there is an inherent risk in trading and any trades that you undertake are your responsibility. The ideas given here are purely for information only.
Enjoy...
Abnash Singh
In case you want to daytrade the nifty and have wondered how to, then just follow this site. Nifty trading calls will be posted here based on technical charts on a real time basis.
So profit from this. Remember, there is an inherent risk in trading and any trades that you undertake are your responsibility. The ideas given here are purely for information only.
Enjoy...
Abnash Singh
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