NIFTY TRADING SYSTEM

DEAR VIEWERS ,
MAY THE NEW YEAR 2010, BRING IN HAPPINESS, SUCCESS, AND PROSPERITY FOR YOU ALL.

NIFTY Futures Opened today with a gap up of 25 points @ 5193. It quickly gained ground above 5200, making a new high for 2009 @ 5229. But towards the end expiry volatility kicked in, and nifty made a new intraday low @ 5191. It managed to close above 5200 mark @ 5220 (Jan).

Nifty futures made a new 52 week high on the last trading day for 2009 @ 5229. Making new high almost every day is positive news for market. And also the Dec Series Expired without much intraday volatility. Once the market resumes after holiday, expect nifty futures to rally much further towards 5300 area. And if the momentum continues, expect nifty to touch 5450 - 5500 level.

Our view on nifty futures is Bullish. On the upside, expect nifty to continue the positive momentum. The minor resistance for nifty stands at 5275, and the major resistance level now stands @ 5450 zone. On the downside , there is minor support for nifty futures at 5135 zone, and the major support now stands @ 4930 zone.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY futures opened today at 5190. This was almost the high point of the day and it met with some stiff resistance at 5200 level. Nifty futures made an intraday high of 5198 and quickly sold of towards the 5150 area. It found minor buying support at this zone and finaly closed at 5169.

Nifty futures seems to be taking a breather ahead of the next important price action. Tomorrow being the the expiry day for the december series , much volatility on either side is expected. On the upside the resistance now seems to be at the recent high @ 5225. Market has to cross this level on heavy volumes to attian our medium term target of 5480 -5500. On the downside the support lies at 5130-5140 area.

Our view on Nifty futures is positive. Once the trading volume returns after the holidays, we could retest the highs of 5225, and if the positive momentum continues , we could see the levels of 5400 - 5500. On the downside the minor support now stands at 5130, and only a close below 4930 will end the uptrend.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today on a flat note @ 5191. It quickly made an intraday low in the beginning @ 5175 and rallied almost the whole day. Nifty futures made a fresh 2009 high @ 5225, but towards the end session it met with some profit taking. Nifty closed the day @ 5195.

Nifty futures made a new high for 2009 which is very positive. The only hurdle is that it came with a very low volume. But still chartically this is very bullish. On the upside now the resistance is all the way @ 5275 and then @ 5400 area. On the downside, there is minor support at the 5135 zone , but the major support now stands @ 5000 zone.

Our view on Nifty Futures is Bullish. Any dip in nifty futures should be used as a buying opportunity with appropiate stoploss. Only a break of 4930 zone will end the upside momentum, and take nifty to much lower levels. On the upside , the nifty futures has strong resistance @ 5280 area and above that nifty could test 5450 zone.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures Opened today @ 5168. It tried the resistance @ 5180 in the very early session, but quickly sold off from there. It spent the mid session consolidating and in that process made a low of 5136. But near the end session, it managed to recoup the losses and break pass 5180 mark. It made a new 52 week high of 5209, but sold off again closing the day at 5176.

Nifty futures made a new 52 week high at 5209 which is very positive for the markets. This has opened the room for more upside in nifty futures. The near term resistance in nifty is 5300 and if the momentum continues all the way up to 5500 area.The immediate support now stands @ 5125 area and then strong support at 5080 zone.

Our view on Nifty futures is Bullish. As it made new 52 week high, the positive momentum is here to stay for a while. The downside support for this move is at 5080 area, and much more strong /critcal support now stand @ 4930 zone. On the upside, there resistance is all the way upto 5310 area and if strong momentum continues @ 5500 zone.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

WOW!!!! WHAT A COMEBACK.

NIFTY Futures made a tremendous comeback for Today.Right from the word go ie Open it rallied the whole day on Heavy Volumes. Its been a One way rally for nifty futures.It Opened @ 4997 near yesterdays close and soon rallied past 5050, to gather fresh momentum closing the day at the high point @ 5156.

Nifty went through a bout of short covering lead by most A group stocks. Once it crossed the important 5050 area , a fresh buying emerged taking it pass 5100 zone. The momentum has definitely turned positive taking everyone by surprise. On the upside now, a breach of 5185 zone will trigger a new Buying taking it all the way upto 5300 zone. On the downside, only a break below 5050 will end the upside.

Our view on Nifty Futures is Bullish. A close above 5050 mark has set a renewed trigger to attack the 5185 zone. And a break of this level will take Nifty futures beyond 5300 area.On the downside, there is minor support at 5050 area, but the major support for nifty now stands @ 4930 Zone. Any dip in the market should be used to buy nifty with a target of 5200, and beyond that to 5300 level.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened higher by 30 points at 4969. It found good support due to short covering and spend the whole day with a positive bias closing at almost the high point of the day at 4996.
Nifty closed the day with a premium of almost 10 points on the cash . Nifty futures is taking a breather after a strong sell off from yesterdays session. It is finding a minor resistance at the 5000 level but the positive momentum will not come untill a comfortable close above the 5050 level.On the downside it has briefly tested the 4930 mark and found good support at that area. A break of 4930 will lead to a fresh new wave of short selling taking it all the way down to 4800 zone.

Our view on Nifty futures is still bearish. Only a close above 5050 zone will negate the bearish momentum. Any rallies in Nifty can be short with a stoploss of 5050 area, with an immediate target of 4930 and with a stong momentum could test the 4800 area.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures Opened Today on a flattish note @ 4990. It made a minor attempt in the beggining of the session to get pass 5000, but lost momentum. It met with some selling pressure during the end session, closing near the low of the day @ 4939.

Nifty has given a second close below 5000 mark which is very Bearish. On the down side , the support stands @ 4930 area and below that all the way down to 4800 zone. The Nifty once broke below 4950 it melted down very quickly.On the upside , only a close back above 5050 area will end the near term weakness.

Our view on Nifty Futures is Bearish for now. A break below 4930 zone will trigger a fresh wave of short selling taking it to 4850 - 4800 area. Every rise in the market should be used as a selling opportunity with a stoploss above 5050 zone. And if the selling momentum continues we could also see a break below 4800.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today weak to flat at 5035 in line with global cues. It found buying support at 5000 psychological level and took nifty past 5050 to make an intraday high of 5068. Nifty met with some selling pressure near yesterdays high and closed the day at 5030.

Nifty futures seems to find good buying support at 5000 level which also happens to be 50% retracement of the recent up move from 4800 to 5200 level. Now only a break below 5000 will trigger fresh wave of new selling taking it all the way down to 4930 area. On the upside a break past 5080 resistance will trigger short covering taking nifty to 5125 area.

Ou view on nifty futures is bearish. Today has been an inside day bar on the daily charts , which suggest a a non directional / consolidation pattern. Only a cross above 5080 will trigger more upside for nifty and a break of 5000 area will lead to trend continuation taking to 4930 zone and if momentum continues will take to 4800 levels.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today on a flatish note @ 5029. It found very good support at the 5000 mark.Heavy buying from this area quickly lifted Nifty pass 5050 area and made an intraday high of 5172 in the process. It manage to save 5000 level despite several attempts and finally closed the day above 5050 area @ 5057.

Nifty futures met with heavy resistance near 5070 area. The strong resistance for nifty stands near 5080 zone which happens to be 50% correction from the recent low ie 5004. On the upside a break pass the 5185 will trigger a wave of short covering taking it much higher.On the downside, now a move below 5000 will give rise to more selling taking nifty to 4930 zone.

Our view on Nifty futures is Bearish. On a break pass 5125 zone, and a close above 5185 will end the negative momentum and take nifty to much higher zone of 5350 area.Any rise in nifty futures should be used to short the nifty with an immediate target of 4930, and if momentum continues then towards 4850 - 4800 zone.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

FINALLY NIFTY MELTDOWN BELOW 5050.

Nifty opened flat in line with asain markets at 5112. It tried to break past 5125 in the early session but slowly and steadily melted the whole day closing at almost the low point of the day at 5019.

Nifty has manged to breakdown frm its 10 day trading range of 130 points ie between 5180 - 5050.
Todays closing below this range of 5050 open the door for more weakness towards 4800 level. On the upside only a close above 5180 will change the momentum to positive.

Our view on Nifty futures is bearish. On the downside nifty is poised to move swiftly towards the 4850 - 4800 zone. Any rally should be used to short the market with a stoploss above 5180. Only a move above 5180 on the closing basis with equally heavy volumes will change the sentiment.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty opened today flat to weak @ 5105 along with its asian peers. But very quickly on positive news from the gulf region took nifty past 5150 to make an intraday high of 5167. The monthly inflation triggered a wave of selling near the top range taking nifty all the way below 5100 making in intraday low of 5090. Nifty closed @ 5102.

Despite several attempts by nifty it is unable to break a very narrow and frustating range of approx. 130 points. On the upside nifty has to comfortably break above 5180 zone with good volumes to trigger an upside momentum taking it to 5300 -5400 area. Any breadown below 5050 mark will quickly trigger heavy selling taking nifty futures all the way down to 4800 zone.

Our view is neutral . A breakout on either side will give a good handsome 200 point movement on nifty.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY IN A CONSOLIDATION MODE. Nifty opened weak in line with the asian markets at 5109 and tested the intraday low at 5084. Hovering around 5110, Nifty suddenly spiked up to 5145 making an intraday high of 5153.7 surpassing the yesterdays high of 5151 by 3 points. Volume and momentum are very low in the market.

Nifty is still stuck in a same old range of 5050 to 5180.Only a break from this range with good volumes will trigger the next directional move. As mentioned yesterday a close above 5180 will trigger a move towards 5300 - 5400 area and a move below 5050 will trigger a retest of the 4800 area.

Our view on nifty is still neutral to bearish. The range of 5050 - 5180 will be broken sooner or latter.
Market can be short with a stoploss of 5180 area. Markets are looking for a trigger probably tomorrow we have an IIP data and an inflation data on 14th.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY IN A CONSOLIDATION MODE. Nifty opened weak in line with the asian markets at 5109 and tested the intraday low at 5084. Hovering around 5110, Nifty suddenly spiked up to 5145 making an intraday high of 5153.7 surpassing the yesterdays high of 5151 by 3 points. Volume and momentum are very low in the market.

Nifty is still stuck in a same old range of 5050 to 5180.Only a break from this range with good volumes will trigger the next directional move. As mentioned yesterday a close above 5180 will trigger a move towards 5300 - 5400 area and a move below 5050 will trigger a retest of the 4800 area.

Our view on nifty is still neutral to bearish. The range of 5050 - 5180 will be broken sooner or latter.
Market can be short with a stoploss of 5180 area. Markets are looking for a trigger probably tomorrow we have an IIP data and an inflation data on 14th.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Opened today down with a gap of approx. 42 points at 5117, but very quickly managed to recover back up to 5150 level. in the process , it made an intraday high of 5151 . It very quickly sold back down to levels below 5100 making an intraday low of 5090. Nifty gathered momentum near the 5100 area and closed the day at 5126.

Nifty seems to be stuck in a very narrow range of 130 points ie between 5180 and 5050. Only a break of this range with heavy volumes will trigger the next directional move for nifty. A close above 5180 area will lead nifty to 5350 - 5400 zone. Whereas a close below 5050 will take the nifty back to retest 4800 area.

Our view on nifty is neutral to bearish. Only a conclusive break (close) above 5182 level will trigger a chang in momentum. A break below 5050 will very quickly take nifty towards 4800 and in the process will make a formation of double top on the daily charts. Any rise in nifty should be used to short the market with a stoploss of 5180 area.

For a reliable, trustworthy , transparent and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 22 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

VOLATILE EXPIRY SESSION FOR NIFTY.

Nifty Futures Opened Flat to negative on back of Asian Cues. It opened the day @ 5088 down almost 25 points. It made a brief attempt towards 5100 area ,in the process made a high of 5108. But then the chinese news and expiry day lead to some heavy selling pressure. Nifty futures closed below 5000 mark @ 4980 (Dec).

Nifty futures could not break pass the 5150 - 5180 zone despite several attempts.In the process, it fell below 5050 area and a lot of sell stops got trigerred. The only hope for nifty futures is 4920 area. A close below this will end any chance of recovery. on the upside, there is stiff resistance point @ 5140 area.

Our view on Nifty futures has changed from positive to neutral. The closing below 5000 mark is not positive and leaves room to sell off near 4920 zone. And a close below 4920, could take nifty all the way down to 4550 zone. On the upside , nifty has to break pass 5150 - 5180 zone to show renewed strenght. The nifty is now caught in a range of 4930 - 5180.

Our closed trade for today:
NIFTY:
BOUGHT @ 5074 (20.11.09) - SOLD @ 5049(26.11.09) = LOSS 12,500/- ( 500 NIFTY )
STOCK: ( 1 LOT )
EDUCOMP: BOUGHT @ 756 (23.11.09) - SOLD @ 740.80 (26.11.09) = LOSS 5700/-
For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Opened today flat along with global cues @ 5084. Nifty quickly gained ground above 5100 and in the process made a high of 5139. But some profit taking triggered the nifty futures to sell off closing @ 5112.Expect tommorrows trade to be Volatile coz of F/O Expiry.

Nifty has broken pass the 5020 level which was acting as a minor resistance and made a high of 5140. Now for the upside, 5175 - 5180 has turned out to be a major resistance. Nifty keeps getting sell orders at the higher end. On the downside, 5050 zone is a minor support for this move.

Our View on Nifty Futures is Bullish. A break above 5180 will add fresh momentum to the rally taking it all the way upto 5300 Level. Any Dip in the market should be used to enter in the long trade. On the downside, there is a minor support zone @ 5050 area. But only a close below 4920 – 4930 area will end any upside for nifty futures.

Our closed trade for today:
Stocks: ( 1 LOT )
JINDAL STEEL: SOLD @ 723.50 ( 23.11.09 ) – BOUGHT @ 698.00 ( 25.11.09 ) = PROFIT 24,500/-
UNITECH: SOLD @ 81.20 ( 23.11.09 ) – BOUGHT @ 78.00 ( 25.11.09 ) = PROFIT 14,400/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Opened flat today in alliance with global cues @ 5050.This was the high point of the day and slowly & gradually Nifty melted towards below 5000. The 5000 level acted as a small pause, before a big dump. The Nifty managed to find support fROm 4962 Area to close @ 4984.

Nifty has broken down from some important support zone. It has also managed to close below the 5000 mark which is not positive for the market. This will lead nifty to find some support @ 4920 area for now. On the upside , the only hope is for nifty to cross above 5080 mark which is acting as a major resistance for now ( Double Top ).

Our view on Nifty Futures has turned from Neutral to Negative. A close below 5000 level is bearish for nifty. The only major support for nifty is all the way to 4850 Zone. As long as nifty trades below 5080, all rallies in nifty must be used to short the market with the above mentioned strick stoploss. The downside target is 4850, and if the momentum continues @ 4550 Zone.

Our closed trades for today:
NIFTY:
BOUGHT @ 5036 ( 17.11.09 ) - SOLD @ 5005 ( 19.11.09 ) = LOSS 15500/- ( 500 NIFTY )
STOCKS: ( 1 LOT )
SUZLON: BOUGHT @ 74.40 ( 19.11.09 ) - SOLD @ 79.00 ( 19.11.09 ) = PROFIT 13800/-
JSPL : BOUGHT @ 708.5 ( 17.11.09 ) - SOLD @ 741 ( 19.11.09 ) = PROFIT 31200/-
HINDALCO: BOUGHT @ 131.3 ( 13.11.09 ) - SOLD @ 131 ( 19.11.09 ) = LOSS 1055/-
TATAMTRS: BOUGHT @ 626 ( 16.11.09) - SOLD @ 634.6 ( 16.11.09 ) = PROFIT 7310
RANBAXY: BOUGHT @ 417 ( 16.11.09 ) - SOLD @ 417 ( 19.11.09 ) = NIL

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Today opened almost flat to positive @ 5063. But very quickly sold off below 5050 trading weak almost the whole session. Towards the last hour it suddenly gained momentum to get pass 5050 area and closing above it @ 5057.

Today Nifty has spent the whole day trading in range. It found strong buying support at 5000 Area. IT seems to find resistance @ 5075 level and a minor support now stand just below 5000 mark. On the upside the target still stands near previous high point @ 5170 Area. On the downside below 5000, the next support to watch is 4920 Zone.

Our view on Nifty Futures is Bullish. It is going through a consolidation phase at the moment and going pass 5085 area, will open the room towards 5165 Zone. On the downside, a break below 4920 will end the upside momentum. And any dip should be used to enter market at lower levels.

Closed trades for today:
STOCK:
ALLAHBAD BNK: SOLD @ 134.00 ( 13.11.09 ) - BUY @ 135.05 ( 17.11.09 ) = LOSS 2573/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Opened today with a gap up of 40 points @ 5041. It built on the gap making a high of 5082, but sold off towards the end closing @ 5055.

Nifty Futures has maintained an upwards bias whole day. It finally closed above 5025 taking the nifty towards 5082. Breaking above 5025 now leaves room to attack 5175 level again. A strong momentum will take nifty even pass 5250 Area. On the downside,there is a minor support @ 4920 area. And still the major support stands @ 4850.

Our View on Nifty is still Positive. Any dip in Nifty should be taken as an opportunity to enter the market on the long side. Only a close below 4920, will end the upside for now and take nifty into neutral Zone. But a close below 4850 will break the market down. On the Upside, a close above 5025 is positive for Nifty.

Our closed position for today:
NIFTY : BOUGHT @ 4975 ( 13.11.09 ) - SOLD @ 5070 ( 16.11.09 ) = PROFIT 47500/- ( 500 NIFTY )
JSPL: BOUGHT @ 677 ( 10.11.09 ) - SOLD @ 711 ( 16.11.09 ) = PROFIT 32640/- ( 1 LOT )

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures opened today on a flatish note at yesterdays closing levels. It opened @ 4948, and very quickly found support at those levels.It made several attempts to break pass minor resistance 5025 Area as mentioned yesterday, but failed to conquer that level. Nifty Futures closed the week @ 5001.

Nifty Futures spent the whole day consolidating its gain from yesterday. Now 5025 level is turning out to be an important Resistance level and break of which will add momentum to the rally taking it to 5165 Area. On the downside there is a minor support @ 4920 area.

Our View on Nifty Futures is Positive. We still maintain buying Nifty on every dip unless a break of 4920 Area. Only below this should nifty enter in a neutral Zone. So, Now a break above 5025 is needed to add fuel to fire and take nifty to 5165. On the downside, a close below 4850 will end the upside momentum taking nifty to 4535 Area.

Our closed trade for today:
UNITECH: BOUGHT @ 87.80 ( 9.11.09 ) - SOLD @ 83.40 ( 13.11.09 ) = LOSS 19800/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Today Opened with a gap down of 15 points @ 4998. It made an attempt to cross above yesterday high at 5025, but failed miserably. Nifty met with heavy selling near 5025 for today and sold off all the way to 4917. Near 4900 area it found support, taking the nifty higher and closing @ 4970.

Nifty has made a minor support around 4900 - 4920 area. And if the selling continues it could take Nifty to strong support zone of 4850. On the upside , a break pass 5025 will give rise to positive momentum taking it up to 5165 Area. And only a close below 4850 will negate an upmove.

Our view on Nifty is Bullish. As mentioned yesterday, an dip towards 4900 - 4920 area should be utilized to enter the market. The strict stoploss of 4850 on closing basis should be maintained. The upside target are 5165 and above that to 5250 Area.

Our closed trade for Today:
SUZLON: BOUGHT @ 64.60 ( 11.11.09 ) - SOLD @ ( 12.11.09 ) = PROFIT 19500/- ( 1 LOT )

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY JUMPS ABOVE 5000 !!!!!!

NIFTY Futures opened today on a flatish note up 15 points @ 4887. It rallied slow and steady whole day and strong buying came above yesterdays high above 4947. It closed above 5000 at almost high point of the day @ 5014.

NIFTY has given an excellent close by ending above 5000. This is added momentum to bull side and there is a possible retest of 5165 Area on the cards. The strong support for this upside lies at 4850 level. Only a close below this level will end upside momentum taking it all the way to 4550 area again.

Our view on Nifty Futures is extremely Bullish. Any dip towards 4900 area can be used to enter the market keeping a strict stoploss below 4850 area. If the strong momentum continues, there could be new high on the cards. This time it may run upto 5250 -5300 Area.

Our closed trade for today:
NIFTY:
BOUGHT @ 4890 ( 10.11.2009 ) - SOLD @ 4990 ( 11.11.2009 ) = PROFIT 50,000/- ( 500 NIFTY )

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty opened today with a very positive to upward biased @ 4819 up almost 20 points. It tested support at the low of the day @ 4780. But very quickly gathered momentum to break pass 4825 taking Nifty all the way to above 4900. It closed almost at the high point of the day @ 4905.

Nifty gave a very positive close above the resistance @ 4850 area. Closing above this important level makes way to much higher levels. If the upwards momentum continues, then 5050 – 5100 is very much achievable. On the downside, 4750 area acts as a minor support for now.

Our view on Nifty Futures is Bullish for now. We can very expect 5050 – 5100 area to be challenged in couple of days if the momentum continues. And on the downside, a close below 4750 is negative and take the Nifty all the way down to 4525 area.

Our closed trade for today:
Bank nifty:
Bought @ 8540 ( 05.11.2009 ) – SOLD @ 8940 ( 09.11.2009 ) = PROFIT 40,000/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Opened with a gap up of around 40 points @ 4815. It made a high of 4835, almost around 4850 Area, and sold off towards 4755 level.Nifty closed the day at 4797 Nifty is taking a breather ahead of a move forward.

Nifty found support @ 4750 for now. There is a minor support @ 4700 area which is a Fibonacci levels.
It basically spent the whole day with out any important levels broken.There is a major resistance point @ 4975 - 5000 area. The downside will resume again below 4620 level.

Our view on Nifty futures is Neutral. The Bullish Trend will only emerge above 4850 . On the downside a break below 4600 area will lead the markets towards 4350 Area.

Our closed trades for Today:
HCC - SOLD @ 126.85 ( 05.11.2009 ) - BOUGHT @ 130.30 ( 05.11.2009 ) - LOSS 7245/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

MR. FINANCE MINISTER TO THE RESCUE !!!!!!!!!!!!!

NIFTY OPENED Today on a flat note @ 4695. It met with heavy selling right from the Opening. It made an intraday Low of 4600. Thats when Mr. FM came to the rescue. Nifty broke out of 4700 area closing at virtually high point of the day @ 4776.

NIFTY is making a pause for now. It has a resistance at 4850 area. Only a close above 4850 level will add momentum to nifty taking it higher to 5050 Level.On the downside, break of 4580 - 4600 is minor support and the major stands @ 4525.

Our view on Nifty is Neutral. A close above 4850 will be Buliish and take market to 5050 area. And on the downside a break below 4525 will restart downside momentum, taking nifty to 4350 Level.

Our closed trades for today:
Nifty: SOLD @ 4676 ( 05.11.2009 ) - BOUGHT @ 4676 ( 05.11.2009 ) = PROFIT 0/-
BNK NIFTY : SOLD @ 8295 ( 05.11.2009 ) - BOUGHT @ 8510 ( 05.11.2009 ) = LOSS 21500/-
ALLAHBNK: SOLD @ 116.55 ( 05.11.2009 ) - BOUGHT @ 118.55 ( 05.11.2009 ) = LOSS 4900/-
HINDALCO: SOLD @ 116.90 ( 05.11.2009 ) - BOUGHT @ 120.40 ( 05.11.2009 ) = LOSS 12313/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY MADE A TREMENDOUS COMEBACK TODAY !!!!

NIFTY Futures opened to day with a Gap up of almost 50 points @ 4585. It showed good buying interest right from the opening and gained strength through out the day.Nifty made a comeback after 6 losing session to close on positive note above 4700 ie @ 4712. This is the much awaited pullback after a sharp decline towards 4530 Area.

Nifty has managed to find support @ 4530 Area, giving room to a pullback towards 4850 area. Getting pass the 4850 Area may see a momentum bulid up towards the next key resistance @ 5050 level.On the downside a breakbelow 4530 Area may trigger another bout of selling towards medium term target of 4350.We may see good support at these levels.

Our view on Nifty Futures is Bearish. Only a close above 4850 Area will negate the Bearish momentum.Any rally can be sold into with a Strict stop loss above the mentioned Area. Any buy positions should be taken cautiously.

Our closed position for today:
Tata Motors: Bought @ 555 ( 04.11.09 ) - Sold @ 541 ( 04.11.09 ) = Loss 11900/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 21 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY HAD A BLACK TUESDAY!!!!

Nifty opened today @ 4654 down 45 points. It made a brief attempt in the early session @ 4735, But met with heavy selling above 4700 Area. Below 4650 it sold off vigourously, closing at almost the low point of the day @ 4531.

Todays Nifty selloff was huge and with heavy Volumes.The only hope of some support is @ 4350 Area which stands as a major support for now. The sellside momentum is just too heavy, But nifty is oversold at these levels.Nifty has to close above 4850 Area to stop down trend and make any attempt towards 4950 - 5000 Area.

Our View on Nifty Futures is Bearish. It has Broken some important levels on the way. The most Important level to watch is 4350 on the downside. If this is broken, It sould swiftly head towards 4000. And on the upside, Nifty has to close above 4850 Area to make a fresh attempt towards 5000 level.

Our Closed trades for today:
Banknifty : sold @ 8510 ( 30.10.2009)- Bought @ 8190 ( 3.11.2009 ) = Profit 32000/-
HCC: Bought @ 127.75 ( 3.11.2009) - Sold @ 124 ( 3.11.2009 )= Loss 7875/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures is experiencing some heavy Volitility due to Local Earning season & Global Cues. Thursday, Dow was UP approx 200 points and Yesterday is down 250 points. This has to have a negative impact on Monday Openings.

Friday, We opened on a very positive note UP almost 95 points @ 4845. It made an high of 4862 in the early part of trading, that was almost the high point of the Day. Nifty met with heavy selling pressure and closed near the Low point of the day @ 4695.

The Selling momentum seems to continue for now.On Monday we could see another Gap down open to 4650 Area.The only downside support for Nifty is 4575 Area , where its bound to take a breather and go in a correction towards 4900 Area. On the upside, there is a trendline resistance @ 4900 Level.

We are Bearish on Nifty Futures. We have mentioned Earlier that Nifty is likely to touch our medium term target of 4575,But this is going to happen sooner than later.There is a huge downward momentum for nifty at present.On the upside, the support zone of 4900 Area is going to act as a heavy resistance for now. Nifty has to close above 4900 area to bring back the Bulls.

Our closed stock futures trade for Friday(31.10.2009):
BajajHind: Sold @ 212.20 (29.10.2009)—–Bought @ 192 (30.10.2009)=== Profit 28785/-
Suzlon : Sold @ 73.20 (30.10.2009)——Bought @ 66.20 (30.10.2009)==Profit 21000/-

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures opened today with a huge Gapdown of 65 points @ 4770. It found some support near 4760 Area. It made a brief attempt to breakabove 4825 level in early session.But, failed in the last hour.It met with heavy selling taking Nifty to new Low @ 4748. Nifty had a very bad Oct expiry, closing the series @ 4750.

As mentioned earlier, Breakdown of Nifty below 4900 will end any chances of Uptrend. The fall has been vicious and steep.The Last 4 days has been devastating for the markets.The Nifty now has a strong resistance Zone of 4930 - 4950 Area. Only a close above this Area will give momentum to regain higher levels.On the downside,if the momentum continues, we may test 4575 level.

Our view on Nifty futures is Bearish. On the upside there is strong resistance @ 4950 Area. Any rise in Nifty futures can be used to short the market with the medium term target of 4570 area. Downside there is a strong support zone of 4550 - 4570.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures opened today on a weak note in accordance with Asian & US market @ 4960 This was almost the high point of the day. It made a brief attempt to pass by yesterdays close, but sold off heavily after RBI Credit Policy announcement. It broke all important levels and closed below 4850 Area as well. Nifty closed the day @ 4840.

Nifty has broken down below 4900 which is bearish. Now the near term minor Resistance stands all the way upto 4950 - 4965 Area. And the Major Resistance lies @ 5050 Level.And on the downside, The next major support stands @ 4790 Area.

Our view on Nifty is Bearish with an immediate target of 4790. And if downside momentum continues, it may fall all the way to 4580 level.And now any pull backs can be used to short Nifty. On the Upside, only a close above 5050 Area will give rise to upside momentum.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures opened today Flat @ 4999. But very quickly tested support near 4960 area. It met with heavy buying near 4965 Level taking Nifty pass 5000 level.It made an intraday high fo 5043.Near the end of the session, it soldoff heavily closing almost near the low point of the day @ 4971.Nifty made a two way movement today between 4965 - 5050.

This kind of Volatility is found near the Top or Bottom of the market.Nifty has twice failed mesirably to break above 5050 Area. It has to now atleast close above 5050 level to make an attempt towards high @ 5170.On the downside, there is strong support near 4900 area.

Our view on Nifty Futures is neutral. Only a close above 5050 Area will add new momentum to the market. And on the downside, a break below 4900 Level will signal an end to the upmove.So we advice cautious as we have closed lower today.And any follow through will be bad for Nifty.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY Futures opened today with a Gapup of approx 40 points @ 4046. It made an intraday high of 5054.It spent almost first 3 hrs consolidating in a narrow range of 20 points and finally broke down below 5025 making a low of 4987. Like yesterday, it managed to crawl above 5000 level closing @ 5007.

Nifty is looking a bit weak on the charts. But there seems to be good support below 5000 Area.There is some buying emerging at 4950 - 4970 level.Although, the major support lies @ 4900. A close below this level will open the door towards 4780 Area.On the Upside, It has to close above 5080 to regain some momentum.

Our view on Nifty is neutral for now. It has to close above 5080 Area to restart any fresh momentum. Whereas on the downside a close below 4900 will end any hope towards 5180. It seems that nifty is again stuck in a range of 250 - 300 points ( ie 4900 - 5200 ). This doesnot look like a bull market, be Cautious.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today on a weak note @ 5053 and tumbled all the way down to 4972. It found some support near the 4970 level , but the major level to watch is 4900 as suggested from the option data , with a very heavy position build up at 4900 level. Nifty futures is still in an undecided range of 4900 to 5150.
Our view on nifty futures is cautious to bullish unless a break below 4900 may change the scenario.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today on a subdued note @ 5108. It made an attempt to break pass resistance ,but quickly gave up all the gains.It made an intraday high of 5122 and sold off to make a low of 5058. The closing was almost near the Low @ 5068.

Nifty Futures as mentioned earlier is lacking momentum to break pass resistance area of 5180 - 5200.It found some support near 5050 level , but if broken will quickly trigger another bout of Profit taking towards 4900 Area.

Our stand on Nifty futures is Positive. Only a break below 4900 level on a closing basis will end the Uptrend for now. On the upside, Nifty has to close above 5135 - 5150 Area to make new highs again.
Nifty is lacking momentum on this upmove.It is looking tiring uptrend,So be watchful for any important levels to breach.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today with a gap of 35 points @ 5163.That was almost the high point of the day and sold off below 5150 to make an intraday low of 5094.Finally nifty futures closed @ 5106.

Nifty is lacking momentum for the moment. There seems to be hidden selling pressure on every rise towards new high. Though this has no effect on the charts but seeing Dow, Nifty should be @ 5250 Area.There is more momentum in individual stocks than nifty.

Our view on Nifty futures is Bullish. On the upside nifty has resistance @ 5180 -5200 Area, and beyond that at 5350 level. On the Downside, there is minor support @ 5050 Area and below that at 4900 level.So any close below 4900 will be devastating for the upside momentum. Any dip near 5050 could be bought for higher levels.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

DEAR TRADERS ,
WISH YOU ALL HAPPY DIWALI & PROSPEROUS NEW YEAR.

Nifty futures opened today near yesterdays close @ 5100. It made a slow and steady climb towards 5150 and managed to held all the gains closing @ 5148.It made a new high for the day @ 5150 closing up 35 points.

Chartically,making new high is positive,But Nifty futures is lacking momentum on the upside. The upside target for now is 5200 and above that @ 5375. On the downside , there is minor support at 5050 Area, a break below this level will give way to 4900.

Our view on Nifty is Bullish. We are expecting regain of momentum after Diwali hoildays, and attack 5375 Area. But on the downside, the close below 4900 should be watched. This break will trigger heavy Offload taking nifty to 4650.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today on a strong note @ 5145 on back of Global cues. The Dow closed above 10,000 level giving a huge boost to the morale.But, since opening it faced heavy selling taking it back below 5100. It made an intraday Low of 5067 before finally closed @ 5113.

Nifty Futures is showing some signs of weakness even though it made new high today. As mentioned earlier at this pace it cannot even cross 5200. It has to gain momentum above 5100 Area to show some positive sentiment. No important levels are broken in todays trading session.

Our view on Nifty futures is Bullish. It has manged to give a good close today above 5100, so the near term target of 5200 is intact. And above that the resistance is all the way at 5375 area.On the downside, there is a minor support @ 5050 Area,. But still major support is found @ 4900.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today with a Gap up of around 35 points @ 5087. Finally it managed to gather momentum to break past 5089 and making an intraday high of 5130.It held up gains the whole day and closed up 64 points @ 5119.

Todays nifty close is very important based on charts.It has managed to close above 5089 and also made a new high.Finally it has also closed above the congestion zone of 4900 - 5080.Now the upside target for this move works out to be 5200. On the downside the support is @ 4900 Area.

Our view on Nifty futures is Bullish. Todays closing is extremely positive. The volume has also been good. The near term target for this upside is 5200, and then if there is strong momentum it could also rally all the way up to 5375.On the downside, there is a minor support zone @ 5000. And a major support now lies @ 4900.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened on a quiet note near yesterdays close @ 4940,But very quickly gained ground near 4980 Area.The IIP data came out above expectation giving a helping hand to the market.The momentum built up above 5000 in last two hours, closing at the high point of the day @ 5055.The nifty futures made a high of 5075.

Nifty futures closed above 5050 is positive .Now the only minor hurddle on the way is to take out the high @ 5089.Nifty going above this level will add fuel to the fire ,taking it to 5250 - 5300 Area.The downside seems to find heavy support @ 4900 Area.

Our view on Nifty futures is Positive.The upside Target for nifty is now 5150 and then at 5250.On the downside only a close below 4900 will negate the whole uptrend taking it to 4780 Area.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened Gap up of 40 points @ 5020. It managed an attempt towards 5050, but very quickly gave up a fight and in early session went below 5000.Nifty closed on the low at 4930.

Nifty futures closed near the bottom of the range @ 4930. It has formed a channel with a bottom at 4900 - 4920 and top of 5085.But with the start of Result season and after 2 Big annoucements (Reliance Bonus and Infy), the market sold off. Now the only saviour is Banking sector.A Major crack will appear if there is a Disappointment of any kind in the Results.

Our View on Nifty Futures is Neutral. Only a decisive close below 4900 will trigger fresh downward momentum. the near term support is all the way down to 4780 - 4800. And on the upside , it is making lower tops in intraday charts. So only a decisive break above 5080 will leed the nifty to much higher levels.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened Gap up of 40 points @ 5020. It managed an attempt towards 5050, but very quickly gave up a fight and in early session went below 5000.Nifty closed on the low at 4930.

Nifty futures closed near the bottom of the range @ 4930. It has formed a channel with a bottom at 4900 - 4920 and top of 5085.But with the start of Result season and after 2 Big annoucements (Reliance Bonus and Infy), the market sold off. Now the only saviour is Banking sector.A Major crack will appear if there is a Disappointment of any kind in the Results.

Our View on Nifty Futures is Neutral. Only a decisive close below 4900 will trigger fresh downward momentum. the near term support is all the way down to 4780 - 4800. And on the upside , it is making lower tops in intraday charts. So only a decisive break above 5080 will leed the nifty to much higher levels.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened today with a minor Gap up of 25 points @ 5000.It tried to break yesterdays Low, but failed.The Intraday low of Nifty was @ 4972,and then made a fresh attempted to break above 5050, but failed again.Finally in the last hour, it gave up all the gains, closing below 5000 level @ 4986.

Todays nifty failure is technically very bad for the market.This is the 4th attempt for nifty to break pass 5050 but failed.Now only hope is tommorrows Infy results, If it comes anything less of expectation, we could see a hugh sell off. And a close below 4900 will trigger a wave of Profit taking in the large and midcap stocks.

Our View on Nifty Futures is Neutral.On a close above 5085 level will see a huge blow out move to 5300 level. And a close below 4900 Area will see sharp selling pressure in Nifty futures. It is stuck in a 200 points of narrow range.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures opened positive in accordance to Global Cues @ 5070.It made a high of 5080, but then continuesly met with selling pressure and below 5050 it gave away ground.It met with heavy selling pressure below 5000, and closed near Low point of the day @ 4972.

Nifty is stuck in a narrow range of 200 points for now. On the upside it meets heavy selling @ 5085 and on the downside there is Double bottom like support @ 4900 Area.This is just not a market that is in a bull run.There seems to be resistance at every 50 points on the upside.

Our View on the Market is Cautiously Bullish. Only a break out of the above mentioned range will trigger a momentum to trade this market.There is more chance for the nifty to touch lower support around 4750 now, than break above 5100.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

What a day for Nifty Traders??

Nifty futures opened on a strong note @ 5030, but very quickly gave up all the gains and fell to 4918.
It managed beautifully to recover from the Lows and made an attempt towards 5050 and finally closed near the highs @ 5039.

Nifty Futures found good support near our mentioned Area of 4900. This is turning out to be Rock Solid Support just like 4350. Now as mentioned earlier, only a close below 4900 will end any upside monentum.On the upside as mentioned yesterday, a close above 5050 level will trigger fresh move towards 5250.

Our view on nifty futures is cautiously Bullish. A move above 5055 will trigger new wave of buying leading the markets to new high. And on the downside a break below 4900 will cripple the upside momentum.So it seems the new range for nifty is 4900 - 5050.
Its a shame that our markets keeps stopping every 50 points on the upside.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

After a long weekend, Nifty futures Opened Down approx 65 points at 5000.It made an opening Low of 4995.05 and manage to hold that all day.Nifty made a high of 5054 before finally settling down @ 5013.

Nifty Managed to hold 5000 level dispite the weakness is encouraging. A Close above 5050 is required to built a fresh strong move at 5250 Area.There is a minor support at 4985 level, But only a close below 4900 level will be negative for the market.

Also to watch this week is the beginning of the result season.This quater there is a surprise early result declaration by Reliance on the 7th, and then Infosys on the 10th.So expect good movement on either side depending on their earning expectation.

Our view on nifty futures is Cautiously Bullish. It has to close above 5050 Area with good Volumes to start fresh Buying. And on the downside the 4900 Area is very strong support.Any dip in nifty futures can be bought with the above mentioned stoploss level.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures opened yesterday @ 5065 and manged only a 50 point movement the whole day, making a low of 5040 and a high of 5090.There is negative impact on the nifty today ( SGX Down 85 @ 4985 ) due to weak US & Asian Markets.

Nifty is poised to make fresh new highs in coming days.There is a minor support @ 4980 - 5000 Area.
And a strong support @ 4900. On the upside there is Resistance @ 5150 and then at 5250 levels.Only a break of 4900 with good Volumes will end the Uptrend for now.

Our View on Nifty Futures is Cautiosly Bullish, Any Dip on the nifty can be bought with a tight stoploss below 4900 Level. And on the upside profit can be booked @ 5150 Area.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures opened yesterday @ 5065 and manged only a 50 point movement the whole day, making a low of 5040 and a high of 5090.There is negative impact on the nifty today ( SGX Down 85 @ 4985 ) due to weak US & Asian Markets.

Nifty is poised to make fresh new highs in coming days.There is a minor support @ 4980 - 5000 Area.
And a strong support @ 4900. On the upside there is Resistance @ 5150 and then at 5250 levels.Only a break of 4900 with good Volumes will end the Uptrend for now.

Our View on Nifty Futures is Cautiosly Bullish, Any Dip on the nifty can be bought with a tight stoploss below 4900 Level. And on the upside profit can be booked @ 5150 Area.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

FINALLY Nifty Futures is broken out of the Trading Range.

Nifty Opened today with a strong foot @ 4992 and rallied the whole day before closing at the high point of the day.Nifty made a high of 5080 and closed @ 5072.

Nifty managed to cross above minor resistance @ 5025 and closed above it. Now the only near term resistance stands @ 5250 Area. So, expect another 200 points rally from here on.But, on the down side 4980 - 5000 is a minor support for now.Only a decisive break below 4900 will end an upward momentum.

Our view on Nifty Futures is bullish. The near term target for nifty is 5150, and then @ 5250.Any minor dip on nifty can be bought for the above mentioned targets. On the downside, there is a strong support area around 4900 - 4920. Only a close below the mentioned level will give way towarda 4780.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty opened today on a positive note up almost 40 points @ 4997. It made a high of 5020 and an intraday low of 4983.50 before closing at 4995.Another narrow range day for nifty futures of only 40 points after opening.

Nifty futures seems to be stuck in a very narrow band of 125 points. On the downside, there is support at 4900 levels and on the upside resistance @ 5025 level. Breaking on the either side will trigger a 200 point breakout of the range.

Our View on Nifty is Moderately Bullish. It has to move above 5025 Area to make an attempt towards new high at 5250. And on the downside, a break below 4900 will lead to heavy Profit booking. The support is all the way down to 4780 and then at 4570.Nifty can be Bought and Sold with a strict
stoploss on either side of the range.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures Opened Weak today along with other Asian Markets.

It Opened @ 4958 but very quickly recovered the lost ground and made several attempts to move past 5010. It’s Failure to move past 5000 levels lead to heavy sell Off around Mid session.It held on to 4940 Area, and made some recovery before closing @ 4960.The Intraday Low was 4932.

Nifty Seems to get good buying support around 4900 - 4930 Area. This has now turned into a short term support zone for the Nifty. And on the Upside, 5010 -5025 has been short term resistance for the market. Breaking on either side will give a huge breakout for almost 200 points in either direction.

Our View on Nifty is Cautiously Optimistic. It has to surpass the short term range of 4900 - 5025 on either side to trigger a breakout trade. On the Daily charts, there is a Trendline support @ 4900 Area making that a very strong support for Nifty Futures. The Break below this on closing basis will give way towards 4780. And on the upside, A breakUp above 5025 will take the market higher towards 5250 Levels.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures had a Volatile session due to Expiry of the September Series.

Nifty opened down 30 points @ 4930, it made an intraday Low of 4908 and managed to find support @ 4900 levels. It closed near the high of the day @ 4986.Nifty (Oct) Closed with a premium of approx. 17pts @ 5002.

Nifty tested the short term support zone @ 4940. It managed to hold that level on Closing basis and closed almost at the high point of the day.There is a minor resistance @ 5025 and then a break above 5050 will add fresh Momentum to the Rally.

Our View on Nifty Futures is still Cautiously Bullish. It has to Head above 5050 levels to gain Momentum.On the downside, Close below 4940 will temporarily slow the Upside. There is a strong support @ 4780 which should hold for any Meaningful attempt @ 5250 is to be made.

For a Precise Entry, Stoploss And Target, Visit Our Website www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Return of Volatility ahead of Expiry.

Nifty Futures opened today flat @ 5020.It spent the day trying to capture 5050 levels, But InVain,The last hour in Nifty lead to heavy Sell Off making an Intraday Low of 4951, and managed to close @ 4966.Tommorrow is very Crucial Coz of the Fed decision and Expiry.

Nifty held our Minor support level @ 4940 mentioned yesterday. Now a Break of that level will quickly lead the markets to 4780 Area.On the Upside, it has to break above 5050 level to attack higher levels.

Our View on Nifty is Cautiously Bullish. A Close below 4940 will give away shost term Momentum,and lead way to 4780 levels. Only a close above 5050 will Re-start Fresh Upmove, targeting 5250 Area.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened flat today after a Long weekend.It managed to held on to most of the gains above 5011.It briefly manage to attempt towards 5050 but failed near the end of the session .Nifty made an intraday high of 5047.90 and closed @ 5023.

Nifty futures has managed to cross last weeks high and make a new high today which is positive.As long as it makes new high every day, its not a problem.There is a minor support @ 4940 levels and the Major stands all the way down to 4780 Area.On the upside , it has minor resistance @ 5150 level.

Our view on Nifty is bullish.It has made new high on the first trading day which is positive.We can expect nifty to continue moving towards higher levels meeting our resistnce levels very soon.Any dip in the market should be used to buy unless 4940 level is not taken out on the downside.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 5 - 6 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures spend the whole day consolidating ahead of long Weekend.

Nifty Opened flat near yesterday’s close and was a Dull day.It was a narrow range day of only 46 points movement making a high of 4988 and a low of 4942.It gave a good higher close than last week, which is positive.We can expect the nifty to go much higher next week and meet resistance @ 5150 levels.

Our view on nifty futures is Positive. If Broken above 5011 in the coming week, it will lead to higher level. Only a close below 4780 will turn the market Negative. There is a minor Support @ 4850 level.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 5 - 6 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty opened today with a gap of 30 points just shy of 5000 mark @ 4992.It just managed to briefly cross the 5000 mark, making an intraday high of 5011.Nifty Futures tried second time to break above the 5000 level but sold off during the end of the session and closing @ 4962.Despite a sell off in Reliance (-5%), Nifty managed to hold itself is positive. It will be interesting today to watch the option data.

Nifty futures has touched the 5000 mark which is a minor resistance for the moment.It has managed to make new high every day ,which is positive.As long as it manage to hold above 4850 its positive for the market. And only a close below 4780 will spoil the picture.

For a Precise Entry, Stoplosses, and Target ,kindly visit www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Opened today with a Gap of 50 points @ 4929. It Moved in a narrow range the whole day, and then finally managed to break above 4950 and closing at the high point of the day @ 4970.

Finally nifty is moving on expected lines. The close above 4755 is bearing some good results. Now thw next minor resistance is the pshcological level of 5000. But the real resistance does not come until 5150 to 5250 levels.On the downside, there is a minor support @ 4850 , But the major support lies all the way down to 4780 level.

Our view on Nifty Futures is bullish. The immediate target is 5000 level and higher to 5150. And on the downside only a break below 4780 on closing basis will negate the bull run. Any pullbacks in Nifty can be bought with a stoploss of 4850.

For a Precise Entry, Stoplosses, and Target ,kindly visit www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.htmlwww.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty opened today on the firm note @ 4846 and moved higher throughout the session to make a new 2009 high of 4908.90 and closing @ 4897. Finally the market is finding some momentum on the upside after the encouraging advance tax numbers and a breakout of the pattern on the weekly chart on 11.09.2009 on the upper side. The option numbers shows heavy call writing at 4900 and put writing at 4600.

Our view on nifty is bullish with an immediate target of 5000 and above , with a small resistance at 4950. Only a break below 4780 on closing basis will negate the uptrend.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Another lackluster session by Nifty Futures.

Nifty Opened today @ 4811 with a gap of almost 30 points. It made a low of 4790 and manage to hold that all day Long. And mere out of frustration it manage to close @ 4837.Only a 48 point movement day for the Nifty.

Our view on nifty futures is Cautious.But it has given an important weekly close above 4760.A move below 4780 will trigger weakness in the near term. It has to break above 4900 to head higher or a break below 4570 will be devastating and end the uptrend.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 5 - 6 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Another narrow day of consolidation.

Nifty futures opened with a gap up of approx 30 points @ 4851, It tried to break the immediate lower support @ 4790, but manage to hold that and then tried higher side, but closed @ 4851.It was a no event day with an intraday movement of only 55-60 points.

Our view on nifty futures is Cautious.But it has given an important weekly close above 4760.Next week will be very crucial for nifty, It has to break above 4900 and head to higher levels or a break below 4570 will be devastating and end the uptrend.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures opened today with a Bang on a very positive note @ 4865, with a gap of almost 40 points.It looked geared up to charge towards 5000.BUT WHAT A FAILURE!!!!

Nifty made an intrady high of 4890, and then on met with strong selling pressure.This does not look like a market which has just broken out of its approx 3 months triangle.It closed on the lowest point of the day @ 4804.It seems that nifty is facing resistance at every 50 points eg: 4850,4900,etc.

Our view has turned cautious from heavily Bullish.Nifty will now try support at lower levels @ 4780 area.Closing below 4780 is required , for nifty to make an attempt towards 4570 area.And on the upside,It has to take out todays high of 4890 to resume an uptrend.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

A quite day of consolidation after a big break above 4755.

Nifty futures opened 4787 and made an opening low of 4780.20, It spent the whole day in a narrow range of 50 points, closing the session @ 4821 before making an intraday high of 4832.There is an immediate minor support @ 4780. And a major support now stands @ 4570-4580 level.The option data in nifty suggest higher levels due to heavy call writing @ 4900, and put writing @ 4700.

Our view on nifty is bullish as long as it stays above 4570 levels. Any dip in the intraday can be used to buy nifty with the stoploss of 4570.Once 4850 is taken out, It can move very quickly to 4900 and higher.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty took a breathier today after yesterdays big move on the uipside breaking the strong resistance of 4755.

Nifty opened @ 4720 and made a high of 4845 and low of 4785 thus hovering the full session in a narrow range of 60 points making it difficult to trade on either side of the market. Nifty may try to consolidate in this area and make a fresh attempt towards 5000.

Our view on market is bullish with an immediate target of 5000 and thereafter 5200..

For a Precise Entry, Stoplosses, and Target ,kindly visit www.aaksharstock.com and Register for a Free Trial.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty futures opened up with a gap at 4725 as expected in line with us and asian markets, and traded strongly throughout the day finally breaking the triangle on daily chart with a upper boundary of 4755.once nifty passed through the previous high of 4755 it swiftly passed through the psychology barrier of 4800 and closing on the high point of the day at 4805. Market is showing renewed strength with all the sectors participatng in the rally. we can expect more strength tomorrow morning before profit taking comes in as us markets are closed today.

our view on the market is bullish with a target of 5000 and above.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

Nifty Futures stuck in a range of 4580 - 4755.

Nifty opened @ 4600 tried support at 4580, but could not break below that level, so mere out of frustration it had to try the upper levels. So Nifty tried to cross 4755 , but just manage to make a high of 4712 and close around that level of 4695.

As mentioned earlier Nifty is going no where unless it crosses 4755 or break below 4570 - 4580 area.
It is narrowing its trading range every day. It has a triangle support @ 4550 now, so for the next week a break below 4550 will trigger a strong move towards 4350 level.And on the Upside, A break of 4755 will lead to higher prices.

Our view on Nifty future is neutal to Bullish. Since it closed near 4700 the view is slightly bullish, but it has to comfortably break above 4755 level to attempt higher prices.Traders can trade the nifty on either side of the range by keeping tight stoplosses.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based system trading approx 7 - 8 times per month only, giving consistent profit per month.

We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 20 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html

NIFTY TRADING SYSTEM

NIFTY OPENED 4639 AND TRADED THE SESSION IN A NARROW RANGE OF 4649 AND 4602 FOR THE MOST PART OF THE DAY EXHIBITING SLIGHT WEAKNESS TOWARDS THE END TO MAKE A LOW OF 4575AND CLOSING AT 4580. THE MARKET IS LOOKING FOR A DIRECTION AND IS STUCK IN A VERY NARROW RANGE OF 4580-4730 AS SUGGESTED BY THE OPTION DATA (HIGH CALL WRITING BETWEEN 4600-4700).

OUR VIEW ON NIFTY IS NEUTRAL. THE MARKETS HAS TO GO BELOW 4500 TOWARDS 4350 OR GO ABOVE 4755 TOWARDS 5000.

FOR A RELIABLE, TRUSTWORTH AND ACCURATE TRADING CALLS VISIT www.aaksharstock.com AND REGISTER FOR A FREE TRIAL. OUR NIFTY TRADIG SYSTEM IS A POSIONAL BASED AND WE HAVE MAINTAINED TRADE BY TRADE PERFORMANCE FOR PAST 19 MONTHS. THE SYSTEM TRADES APPROX.7-8 TIMES PER MONTH ONLY, GIVING CONSISTENT PROFITS PER MONTH.

NIFTY TRADING SYSTEM

Nifty opened weak @ 4585 taking its cue from Dow Jones and Asian Markets. It opened weak and then moved side ways the whole day making a high of 4660 and a Low of 4571.

Nifty has a Minor support @ 4570 -4580 levels ie todays low, and Breaking of which will lead the nifty down to 4500.And on the upside it has to move through 4560 levels comfortably to try and make an attempt @ 4755 again.

Our view on Nifty is Neutral for now.It has to Break 4500 levels on the downside to trigger a move @ 4350. Or Break above 4755 to head towards 5000 levels.Traders can make an attempt to trade in a range of 250 points keeping a stoploss on either side of the range.

For a reliable, trustworthy ,and accurate trading calls visit www.aaksharstock.com and register for a free trial.Our trading system is positional based and we have maintained trade by trade performance for last 19 months.The system trades approx 7- 8 times per month only, giving consistent profit per month.

NIFTY TRADING SYSTEM

Nifty Futures opened with a small gap up showing strenght in the early session.It opened @ 4691 and soon managed to scale 50 points and made an intraday high of 4747.Nifty tried twice to break past last weeks high of 4753 made failed and in the process made Double Top.Nifty sold off sharrply towards 2.30 pm and made a low of 4596 before closing @ 4617.

Nifty tried to break the triangle on the upside, but failed miserably.The 4755 level is too strong a resistance for Nifty to break on the upside for the timebeing.On the downside,It has to close below the 4580 level to resume weakness.

Our view on nifty is turned from Bullish to neutral.Only a decisive close above 4755 level will lead the nifty higher.And a break below 4580 level will bring the Nifty to 4350 levels.There is a triangle support on the daily chart @ 4500 level.So for the time being the Nifty is caught in arange of 4755 onthe higher End and 4500 on the lower End.

For a Precise Entry, Stoplosses, and Target ,kindly visit www.aaksharstock.com and Register for a Free Trial.

NIFTY TRADING SYSTEM

Nifty Futures opened weak with gap down of almost 60 points @ 4673.It managed to find support @ 4650 for now.Nifty made an attempt on the upside briefly past 4700 @ 4709 but sold off to an intraday low of 4632. It finally manage to close @ 4669.

China is leading all the other Asian markets lower with itself.Chinese markets closed on the lows today over 6.5% down.

As mentioned on our earlier comments, Nifty has a very stiff resistance @ 4755.On the daily and weekly charts there is a triangle formation and It needs to break above 4755 decisively to head to higher levels.On the downside there is support @ 4580 levels.

Our view on Nifty is still Bullish, Only a Break and a close below 4550 -4580 levels will negate the upward momentum.This will take nifty back to major support zone of 4350.

To achieve consistence good results,We provide Exact Entry, Stoploss and Only One Target. kindly visit our website www.aaksharstock.com and Register for a free Trial.

NIFTY TRADING SYSTEM

Nifty futures closed very smartly on Friday @ 4731.
It gave a very strong close for the week.But still it has to comfortably close above 4755 with good volumes to sustain the move and head past 5000 levels.On the daily and weekly charts, there is stong triangle resistance @ 4755 levels.
Our view on nifty is Bullish expecting a breakout of the triangle on the higher side above 4755. We are expecting much higher prices next week on a break above 4755.Downside 4350 level is rocksolid support for nifty.Only a decisive break below that level will end the upmove and lead the nifty to 4000 levels.
Shown above is the performance chart of our Nifty Trading system for the last 18 months.We have performed consistently through out the market conditions ie upside aswell as downside.
Our system is not Intraday as we believe that NO ONE MAKES MONEY ON A CONSISTENT BASIS IN INTRADAY TRADING.We have a positional based system, trading only 6 to 8 times in a month ( depends on market conditions).Our trade by trade performance can be viewed at the link : www.aaksharstock.com/performance.html
We also provide a Free trial of our trading systems from 1st - 10th of every month for the new client to get the feel of our trading system and also for them to notice that all the trades mentioned in the performance are genuine and true.They too can achieve such high results by joining us.
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NIFTY TRADING SYSTEM

Finally Nifty is marching towards 4850 levels.

Nifty opened weak to flat taking its cue from the Chinese markets @ 4703, and did nothing for 2 hours.Finally it tried to sell towards 12.00 pm, but managed to find good support at 4650 levels.It rallied smartly from this low to make a new high @ 4753 before closing at 4731.

On the Daily charts the is a triangle formation and the top resistance stands @ 4755.And it seems Nifty is poised for a big breakout on the Upside towards 5000 levels and above.Now only a close below 4350 level will negate the above view.

Our view on Nifty is Bullish and in the near term only a close below 4650 decisively will lead the nifty towards 4350.

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NIFTY TRADING SYSTEM

Lacklustre august series expiration.
Nifty (aug) opened flat @ 4633 and traded the whole day in a very narrow range of 4655 and 4712 closing at 4688. Looking at the expiration today it was one of the most dull day with no trading opportunities arising. Nifty option data showed it has the highest call writing at 4700 and put writing at 4600 , trapping the market between a very short range of 4600-4700.
Our view on market is bullish expecting a breakabove 4730 and thereafter 4850 , unless a close below 4550 can change the whole scenario.
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NIFTY TRADING SYSTEM

FLAT DAY FOR NIFTY???
Nifty futures open with a gap of 20 points @ 4682 in line with Asian market.It spent the whole day consolidating between 4650 - 4700. Its pausing before a breakout on the upside above 4730, Now the support has gone upto 4550 - 4580 levels.

Tommorrow is the expiry, so expect volatiliy and we advise a cautious approach.Nifty may breakout of the high ie 4730 on the expiry itself or on the new series opening day.

Our view on Nifty is bullish unless a close below 4550 level, so any intraday dip is a buy with a stoploss of 4550 and a target of 4850 -4900.

For a precise Entry, Exit and Stoploss, visit our website www.aaksharstock.com and register for a free trial.

NIFTY TRADING SYSTEM

FIND BELOW OUR CONSISTENT PERFORMANCE OF LAST 18 MONTHS OF NIFTY TRADING SYSTEM ( JAN 08 - JUL 09 )

Finally, the Nifty futures has broken out of its narrow range of 4350 - 4525

Nifty opened on a weak note taking its cue from Asian markets, it opened @ 4424 and twice tested the 4395 - 4400 level on the down side.It manged to hold ground above 4400 level and rallied the whole day making a high of 4547 and closing @ 4532.

Nifty has broken an inverse head and shoulder on the upside by closing above 4525.The immediate target of this pattern is 4630 -4650 levels. Breaking of this will lead the nifty to 4730 area where it has a key resistance.

Our view: We are bullish on nifty from current levels and has a high probability of breaking 4730 and moving towards higher targets.There has been a positive close on the Daily and Weekly charts suggesting higher prices.And in the process, Nifty has managed to make a very strong support @ 4350 by making Double bottom.

REGISTER FOR A FREE TRIAL…..To take advantage of Nifty Volatility and get an Exact Entry, Stoploss,and Target visit our website www.aaksharstock.com.Also view our trade by trade results of last 18 months and achieve the same result by joining us.