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
Friday, October 30, 2009
Thursday, October 29, 2009
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
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
Tuesday, October 27, 2009
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 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
Monday, October 26, 2009
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
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
Friday, October 23, 2009
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 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
Thursday, October 22, 2009
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
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
Wednesday, October 21, 2009
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 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
Tuesday, October 20, 2009
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 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
Friday, October 16, 2009
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
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
Thursday, October 15, 2009
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 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
Wednesday, October 14, 2009
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
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
Monday, October 12, 2009
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 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
Friday, October 9, 2009
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 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 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
Thursday, October 8, 2009
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
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
Wednesday, October 7, 2009
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 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
Tuesday, October 6, 2009
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 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
Monday, October 5, 2009
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 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
Thursday, October 1, 2009
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 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 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
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