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
Thursday, December 31, 2009
Wednesday, December 30, 2009
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 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
Tuesday, December 29, 2009
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 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
Thursday, December 24, 2009
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 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
Wednesday, December 23, 2009
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 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
Tuesday, December 22, 2009
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 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
Monday, December 21, 2009
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 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
Thursday, December 17, 2009
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 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
Wednesday, December 16, 2009
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 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
Tuesday, December 15, 2009
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 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
Monday, December 14, 2009
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
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
Thursday, December 10, 2009
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 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 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
Wednesday, December 9, 2009
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 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
Subscribe to:
Comments (Atom)