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
Thursday, November 26, 2009
Wednesday, November 25, 2009
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 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
Thursday, November 19, 2009
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 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
Tuesday, November 17, 2009
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
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
Monday, November 16, 2009
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 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
Friday, November 13, 2009
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 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
Thursday, November 12, 2009
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 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
Wednesday, November 11, 2009
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 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
Monday, November 9, 2009
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 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
Friday, November 6, 2009
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 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
Thursday, November 5, 2009
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 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
Wednesday, November 4, 2009
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 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
Tuesday, November 3, 2009
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 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
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