NIFTY FUTURES OPENED TODAY with a Gap down of 41 points @ 4826 in line with Asian Markets. With the Big RBI Announcement, Nifty Futures quickly tested the support @ 4760 area making a low of 4758.It found very good support near lows and this led to heavy short covering and closing at almost the high point of the day @ 4889.
Nifty futures found good support at todays low ie 4760.With the big events out of the way, expect this level to hold for a while. Nifty is very over sold at the current levels and bound to witness a two way side movement. On the upside, there is minor resistance at the 4950 area and then the major one stands @ 5050. On the downside, expect the 4760 to hold for now, But a Break below the 4760 level will lead us down to 4660 and then all the way down to 4550.
Our View on Nifty Futures is Bearish to Neutral for now. The nifty has to give a close above 4950 zone for the short term negative trend to stop and only a fresh move above this level would attract some new Buying.Expect market to consolidate in the range of 4760 to 4950 zone , unless either of the level is taken out.
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 24 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Friday, January 29, 2010
Thursday, January 28, 2010
NIFTY TRADING SYSTEM
NIFTY FUTURES Opened today with a gap up of 67 points @ 4902. Due to the Expiry ,Nifty had a very Volatile two way session. It made an early attempt towards 4950 zone making an intraday high of 4935, but met with some selling pressures taking nifty back below 4850. It made an intraday low of 4823 and closed the day at 4867.
There was a strong fight between the Bulls and Bears to take command of the market. The Bulls made several attempts to break Nifty pass 4950 and the Bears fought to drag nifty lower towards 4800. There is very strong support zone for nifty futures at the 4750 - 4800 . Only a break below these important support will open the Door towards 4550 area. On the upside , Nifty has a minor resistance at 4950, and then major resistance point is 5080.
Our View on Nifty Futures is Still Negative. Any Rally in Nifty futures should be used as a selling Opportunity.Tommorrow being an Important Event day, caution is prudent. Only a close above the 5050 zone will end the downside momentum for now. And a break below 4750 will add more momentum on the downside taking it to 4550 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 24 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
There was a strong fight between the Bulls and Bears to take command of the market. The Bulls made several attempts to break Nifty pass 4950 and the Bears fought to drag nifty lower towards 4800. There is very strong support zone for nifty futures at the 4750 - 4800 . Only a break below these important support will open the Door towards 4550 area. On the upside , Nifty has a minor resistance at 4950, and then major resistance point is 5080.
Our View on Nifty Futures is Still Negative. Any Rally in Nifty futures should be used as a selling Opportunity.Tommorrow being an Important Event day, caution is prudent. Only a close above the 5050 zone will end the downside momentum for now. And a break below 4750 will add more momentum on the downside taking it to 4550 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 24 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Wednesday, January 27, 2010
NIFTY TRADING SYSTEM
BLOODBATH ON DALAL STREET…..
Nifty futures opened today with a heavy gap down of 58 points at 4934 in line with Asain markets. It made a brief attempt to rally in the early session making an intraday high of 4964 but very quickly met with some heavy selling pressure. Nifty broke below 4900 and also below 4850 ,closing the day at almost the lows at 4835.
Nifty futures broke below major support levels with a record volumes. This was also seen across all sectors including midcap and smallcap shares. On the down side the next major support stands at the 4800 level and we should expect some buying to regenerate as the Nifty is heavily oversold. With the two days of heavy volatility ahead of us ie Expiry & RBI meet , expect markets to make a minor bottom with these events.
Our view on Nifty futures is Bearish. But we would not advice to go short at current levels. On the upside Nifty can make a recovery upto 4950 and thereafter the next major resistance now stands at 5050 zone. On the down side there is support at 4800 level and with the more selling pressure , we could hit as low as 4550 - 4570 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 24 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Nifty futures opened today with a heavy gap down of 58 points at 4934 in line with Asain markets. It made a brief attempt to rally in the early session making an intraday high of 4964 but very quickly met with some heavy selling pressure. Nifty broke below 4900 and also below 4850 ,closing the day at almost the lows at 4835.
Nifty futures broke below major support levels with a record volumes. This was also seen across all sectors including midcap and smallcap shares. On the down side the next major support stands at the 4800 level and we should expect some buying to regenerate as the Nifty is heavily oversold. With the two days of heavy volatility ahead of us ie Expiry & RBI meet , expect markets to make a minor bottom with these events.
Our view on Nifty futures is Bearish. But we would not advice to go short at current levels. On the upside Nifty can make a recovery upto 4950 and thereafter the next major resistance now stands at 5050 zone. On the down side there is support at 4800 level and with the more selling pressure , we could hit as low as 4550 - 4570 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 24 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Monday, January 25, 2010
NIFTY TRADING SYSTEM
NIFTY FUTURES OPENED Weak in line with its Asian Peers by 17points @ 4996. It managed to find some support in the early hours making a Low of 4976.Nifty made a good comeback breaking pass 5000 level and racing towards 5050 area. It made an intraday high of 5039 but met with some heavy selling , closing the day @ 4992.
Nifty futures is not showing any signs of Upward momentum for now. The Rally today near 5039 happened to be a Dead Cat bounce which will take the markets much lower if the 4930 area is broken.The upside resistance in nifty futures now stand at 5080 zone , and only close above 5150 level will change the bearish view.
Our view on Nifty Futures is still bearish. The nifty is consolidating its losses after very big downside days. On the downside , taking out the 4930 area will prove very fatal for the whole market. The next big support for nifty doesnot come until 4800 which is 200 points lower than here. On the upside, only a close above 5130 - 5150 zone will reinstate the upside momentum taking it back towards 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Nifty futures is not showing any signs of Upward momentum for now. The Rally today near 5039 happened to be a Dead Cat bounce which will take the markets much lower if the 4930 area is broken.The upside resistance in nifty futures now stand at 5080 zone , and only close above 5150 level will change the bearish view.
Our view on Nifty Futures is still bearish. The nifty is consolidating its losses after very big downside days. On the downside , taking out the 4930 area will prove very fatal for the whole market. The next big support for nifty doesnot come until 4800 which is 200 points lower than here. On the upside, only a close above 5130 - 5150 zone will reinstate the upside momentum taking it back towards 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Friday, January 22, 2010
NIFTY TRADING SYSTEM
NIFTY FUTURES OPENED Down today by 95 points below 5000 @ 4990. On opening it sold off heavily making a low of 4946. It found good buying near the medium term support zone of 4930 area. And with the good result from RIL, Nifty Futures bounced off above 5000 level. It made an intraday high of 5075, and met with profit taking by intraday players closing the day @ 5013.
Volitility has certainily returned back in Nifty Futures. The Volumes has also been above average. As mentioned earlier, Nifty has for the moment found some support near the 4930 area. This is going to act as a strong support zone. Below this Nifty futures has the potential to test 4800 level on the downside. On the upside, the resistance doesnot come untill 5080, and above that the next strong resistance zone is 5150 - 5180.
Our View on Nifty Futures is extremely Bearish for now. Unless Nifty Futures do not give a close above the 5180 level, the upside seems limited. Any rally in nifty futures towards the 5100 - 5150
should be used as a selling opportunity for the downside target of 4950.If the Bearish momentum continues ,we could easily see nifty trading at 4800 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Volitility has certainily returned back in Nifty Futures. The Volumes has also been above average. As mentioned earlier, Nifty has for the moment found some support near the 4930 area. This is going to act as a strong support zone. Below this Nifty futures has the potential to test 4800 level on the downside. On the upside, the resistance doesnot come untill 5080, and above that the next strong resistance zone is 5150 - 5180.
Our View on Nifty Futures is extremely Bearish for now. Unless Nifty Futures do not give a close above the 5180 level, the upside seems limited. Any rally in nifty futures towards the 5100 - 5150
should be used as a selling opportunity for the downside target of 4950.If the Bearish momentum continues ,we could easily see nifty trading at 4800 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Thursday, January 21, 2010
NIFTY TRADING SYSTEM
RETURN OF VOLATILITY IN NIFTY FUTURES…….
Nifty futures opened today down only by 25 points at 5192. This was almost the high point of the day and Nifty melted down the whole day. The L&T results acted as an trigger for the sell off , taking Nifty all the way down to 5072 . It closed the day at 5085.
Finally Nifty Futures has regained momemtum with heavy Volumes. It has broken down from the last three weeks consolidation phase. As mentioned earlier , Nifty has broken down from its 5150 support level, which is very bearish. The next major support zone only comes near the psychological 5000 level and if the downside momentum continues , we may see all the way down to 4930. On the upside the immediate reistance now stands near 5230 - 5250 area.
Our view on Nifty futures is bearish for now. Only a close above 5250 area with good volumes will negate the downward momentum. Nifty today has broken down some very important support zones on the daily and weekly charts. This has opened the door for more weakness in the coming sessioins.
Any rallies should be used as an selling opportunities with appropriate stoploss.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Nifty futures opened today down only by 25 points at 5192. This was almost the high point of the day and Nifty melted down the whole day. The L&T results acted as an trigger for the sell off , taking Nifty all the way down to 5072 . It closed the day at 5085.
Finally Nifty Futures has regained momemtum with heavy Volumes. It has broken down from the last three weeks consolidation phase. As mentioned earlier , Nifty has broken down from its 5150 support level, which is very bearish. The next major support zone only comes near the psychological 5000 level and if the downside momentum continues , we may see all the way down to 4930. On the upside the immediate reistance now stands near 5230 - 5250 area.
Our view on Nifty futures is bearish for now. Only a close above 5250 area with good volumes will negate the downward momentum. Nifty today has broken down some very important support zones on the daily and weekly charts. This has opened the door for more weakness in the coming sessioins.
Any rallies should be used as an selling opportunities with appropriate stoploss.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Wednesday, January 20, 2010
NIFTY TRADING SYSTEM
NIFTY FUTURES OPENED TODAY @ 5233. It made an early attempt towards 5250, making an intraday high of 5247 in the process. It spent the whole day consolidating and regained some intraday momentum towards Europe Opening making a low of 5195.But met with some profit takings at the lows and thus Nifty futures closed the day @ 5215.
Nifty Futures is showing some sign of fatigue / weakness from last 2 days. A comfortable break below 5150 area will add fuel to fire taking nifty to much lower levels. Also the midcaps and smallcaps stocks seem to enter the negative zone. Only a close above 5290 , will trigger fresh momentum and would take nifty to 5500 Zone.
Our view on Nifty Futures is Neutral to Bearish for now. Any rally in Nifty futures can be used as a shorting opportunity with apppropiate Stoploss. And any dip towards 5150 area can be used to buy for short term gains. Nifty futures is stuck in a narrow range of 150 points with a Negative Biased.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Nifty Futures is showing some sign of fatigue / weakness from last 2 days. A comfortable break below 5150 area will add fuel to fire taking nifty to much lower levels. Also the midcaps and smallcaps stocks seem to enter the negative zone. Only a close above 5290 , will trigger fresh momentum and would take nifty to 5500 Zone.
Our view on Nifty Futures is Neutral to Bearish for now. Any rally in Nifty futures can be used as a shorting opportunity with apppropiate Stoploss. And any dip towards 5150 area can be used to buy for short term gains. Nifty futures is stuck in a narrow range of 150 points with a Negative Biased.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Tuesday, January 19, 2010
NIFTY TRADING SYSTEM
NIFTY Futures Opened Today almost near yesterdays close at 5274. It spent the whole mid session trading in a narrow range of only 30 points. But after Europe Opening around 1.30 pm , Nifty Futures sold off making an intraday Low of 5212, and closing the day almost at the lows @ 5225.
As mentioned earlier, Nifty Futures is struck in a very narrow range. But there is sign of breaking out of this consolidation, a break below 5150 - 5180 will end this up move and take nifty towards 5000 zone. On the Upside , Only a break pass 5300 with Heavy Volume will re start the positive momentum.
Our View on Nifty Futures has turned Negative to Neutral. Now It has to give a close below 5150 mark to confirm the Bearish Breakdown. This will take Nifty Futures to much lower levels if the momentum is strong ie below 5000 area. Only a close above 5300 will negate the downside move and take nifty to our intermediate target of 5450 - 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
As mentioned earlier, Nifty Futures is struck in a very narrow range. But there is sign of breaking out of this consolidation, a break below 5150 - 5180 will end this up move and take nifty towards 5000 zone. On the Upside , Only a break pass 5300 with Heavy Volume will re start the positive momentum.
Our View on Nifty Futures has turned Negative to Neutral. Now It has to give a close below 5150 mark to confirm the Bearish Breakdown. This will take Nifty Futures to much lower levels if the momentum is strong ie below 5000 area. Only a close above 5300 will negate the downside move and take nifty to our intermediate target of 5450 - 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Monday, January 18, 2010
NIFTY TRADING SYSTEM
Nifty futures opened today weaker in line with the DOW JONES friday closing and Asian markets @ 5239. It made an intraday low of 5232 in the opening and rallied the whole session making an intraday high of 5290 (just shy of 5300 level) and closing the day up by only 16 points at 5270.
There has been no major change in Nifty levels , as no important break on either side has been occured. On the upside Nifty has to break pass the 5320 area to regain momentum and attack higher level towards 5450 - 5500 zone. On the downside the support for Nifty futures now stand at 5180 - 5150 zone. Only a close below this zone will end the positive momentum and lead the market to lower levels.
Our view on Nifty futures is bullish to neutral. As the momentum is still is the midcap/smallcap stocks, Nifty futures is lacking the volumes. It is caught in between a narrow range of approx 150 points that is between 5150 - 5310. Break on either side of the range will provide a good 200 - 300 points trading movement in 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
There has been no major change in Nifty levels , as no important break on either side has been occured. On the upside Nifty has to break pass the 5320 area to regain momentum and attack higher level towards 5450 - 5500 zone. On the downside the support for Nifty futures now stand at 5180 - 5150 zone. Only a close below this zone will end the positive momentum and lead the market to lower levels.
Our view on Nifty futures is bullish to neutral. As the momentum is still is the midcap/smallcap stocks, Nifty futures is lacking the volumes. It is caught in between a narrow range of approx 150 points that is between 5150 - 5310. Break on either side of the range will provide a good 200 - 300 points trading movement in 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
www.aaksharstock.blogspot.com
Friday, January 15, 2010
NIFTY TRADING SYSTEM
Nifty futures opened today on a flattish note at 5268. Nifty traded the whole session in a very narrow/lackluste range of only 27 points. The high point of the day was 5272 and the low was 5245. Nifty futures closed the day almost uneventful @ 5255.
Nifty future is going through a consolidation mode with very little volume. With the on going earning season, the market has turned stock specific and very little attention is paid to Index. Nifty futures has to break past the 5280 - 5300 zone with reasonable voluumes to gather upside momentum. The next possible upside resistance comes at 5380 - 5400 area. Similarly on the downside the support band now stands at 5150 - 5180 area.
Our view on Nifty futures is positive to neutral. On the upside a break of 5300 area will take us quickly towards our immediate target of 5450 - 5500. On the down side only a close below 5150 will negate the up move and lead to profit taking.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Nifty future is going through a consolidation mode with very little volume. With the on going earning season, the market has turned stock specific and very little attention is paid to Index. Nifty futures has to break past the 5280 - 5300 zone with reasonable voluumes to gather upside momentum. The next possible upside resistance comes at 5380 - 5400 area. Similarly on the downside the support band now stands at 5150 - 5180 area.
Our view on Nifty futures is positive to neutral. On the upside a break of 5300 area will take us quickly towards our immediate target of 5450 - 5500. On the down side only a close below 5150 will negate the up move and lead to profit taking.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Tuesday, January 12, 2010
NIFTY TRADING SYSTEM
NIFTY Futures opened today on a flatish note @ 5260. With the Good IP numbers coming out today, markets brifely made an attempt towards 5300 again making and intraday high of 5285. But very quickly it wiped out all the gains, and sold off heavily near the highs taking it all the way down to 5200 zone, finally closing the day @ 5209.
Finally, Volatility has returned in nifty futures after a few dull days of consolidation. As mentioned yesterday, breaking of near term support of 5240 will trigger a sell off in nifty futures, thats exactly what happened today. Now the next major support for nifty futures stands at 5150 area.And below that @ 5080 zone. On the upside, there is strong resistance zone at the 5300 level, and only a strong close above those area will resume the positive momentum for nifty futures.
Our view on Nifty Futures has turned Negative for now. Only a decent close above 5300 zone with heavy volumes will resume the upside momentum, and take nifty to higher levels @ 5450 - 5500 zone. On the downside, there is strong support @ 5150 area, And a break below this level will add fuel to the fire taking nifty below 5000 mark.We suggest selling nifty on a minor rally towards 5250 - 5300 area with appropiate stoploss.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Finally, Volatility has returned in nifty futures after a few dull days of consolidation. As mentioned yesterday, breaking of near term support of 5240 will trigger a sell off in nifty futures, thats exactly what happened today. Now the next major support for nifty futures stands at 5150 area.And below that @ 5080 zone. On the upside, there is strong resistance zone at the 5300 level, and only a strong close above those area will resume the positive momentum for nifty futures.
Our view on Nifty Futures has turned Negative for now. Only a decent close above 5300 zone with heavy volumes will resume the upside momentum, and take nifty to higher levels @ 5450 - 5500 zone. On the downside, there is strong support @ 5150 area, And a break below this level will add fuel to the fire taking nifty below 5000 mark.We suggest selling nifty on a minor rally towards 5250 - 5300 area with appropiate stoploss.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Monday, January 11, 2010
NIFTY TRADING SYSTEM
NIFTY Futures opened today on a positive note up by almost 20 points @ 5275. In the very early session it tried surpassing the 5300 level but failed making an intraday high of 5295 in the process. Nifty sold off slowly and gradually the whole day. It made an intraday low of 5248, and managed to close the day at 5257.
Nifty is lacking momentum to break pass the 5300 level for the time being. The Volumes seems to be diverted to midcaps and small cap stocks for now.But this is going to be a short term process.For nifty , break below the 5230 area will take nifty futures to much below trading range from the current highs.The strong support for nifty now stands @ 5150 zone. And on the upside , the resistance seems to be at 5450 - 5500 zone.
Our view on Nifty futures is Bullish. But it is lacking momentum / Volumes for now , this is the only worrisome point. On the downside, there is good support @ 5150 area and below that strong support stands all the way down to 4930 zone. On the upside, 5350 acts as a minor resistance, and the strong resistance point do not come untill 5450 - 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Nifty is lacking momentum to break pass the 5300 level for the time being. The Volumes seems to be diverted to midcaps and small cap stocks for now.But this is going to be a short term process.For nifty , break below the 5230 area will take nifty futures to much below trading range from the current highs.The strong support for nifty now stands @ 5150 zone. And on the upside , the resistance seems to be at 5450 - 5500 zone.
Our view on Nifty futures is Bullish. But it is lacking momentum / Volumes for now , this is the only worrisome point. On the downside, there is good support @ 5150 area and below that strong support stands all the way down to 4930 zone. On the upside, 5350 acts as a minor resistance, and the strong resistance point do not come untill 5450 - 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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Friday, January 8, 2010
NIFTY TRADINIG SYSTEM
Nifty futures opened higher by 5 points / flat at 5270. It consolidated in a very narrow range of 50 points for the the whole session. Nifty futures made an intraday low of 5236 and a high of only 5286. It was a low volume day closing the session at 5258.
Nifty futures made an early attempt towards 5300 but met with some profit taking at this level. On the upside, Nifty has very stiff resistance at 5450-5500 zone, but only heavy momentum with high volumes will probably take Nifty to those levels. On the downside there is minor support at 5150-5180 area .
Our view on Nifty future is positive. But there is a lack of momentum/volume for Nifty futures at these higher levels. Any dip in the market around the 5180 area can be used the enter the market on the long side, for our intermediate target of 5450-5500. On the downside only a close below 5150 area will negate the upside momentum.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Nifty futures made an early attempt towards 5300 but met with some profit taking at this level. On the upside, Nifty has very stiff resistance at 5450-5500 zone, but only heavy momentum with high volumes will probably take Nifty to those levels. On the downside there is minor support at 5150-5180 area .
Our view on Nifty future is positive. But there is a lack of momentum/volume for Nifty futures at these higher levels. Any dip in the market around the 5180 area can be used the enter the market on the long side, for our intermediate target of 5450-5500. On the downside only a close below 5150 area will negate the upside momentum.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Tuesday, January 5, 2010
NIFTY TRADING SYSTEM
Nifty futures opened higher by 37 points in line with DOW JONES at 5280. It consolidated in a very narrow range of only 32 points for the the whole session. Nifty futures made an intraday low of 5263 and a high of only 5295. It was a non eventfull day from the opening ,closing the day at 5276.
Another day of new high in a new year. Nifty futures made an early attempt to pass by 5300 but met with some profit taking at this level. On the upside, Nifty has very stiff resistance at 5450-5500 zone, but only heavy momentum with high volumes will probably take Nifty to those levels. On the downside there is minor support at 5150-5180 area .
Our view on Nifty future is positive. But there is a lack of momentum/volume for Nifty futures at these higher levels. Any dip in the market around the 5180 area can be used the enter the market on the long side, for our intermediate target of 5450-5500. On the downside only a close below 5150 area will negate the upside momentum.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Another day of new high in a new year. Nifty futures made an early attempt to pass by 5300 but met with some profit taking at this level. On the upside, Nifty has very stiff resistance at 5450-5500 zone, but only heavy momentum with high volumes will probably take Nifty to those levels. On the downside there is minor support at 5150-5180 area .
Our view on Nifty future is positive. But there is a lack of momentum/volume for Nifty futures at these higher levels. Any dip in the market around the 5180 area can be used the enter the market on the long side, for our intermediate target of 5450-5500. On the downside only a close below 5150 area will negate the upside momentum.
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 23 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
Monday, January 4, 2010
NIFTY TRADING SYSTEM
Nifty futures opened the early session day with a gap up of appox.20 points@ 5225 , and traded most part of the session in a very narrow range of 20 points between 5210 and 5232, but found good momentum in last 2 hours to trade at the high point of the day at 5247 closing at 5243. Nifty future seems to poise for the move up towards 5300 zone. volumes in the market was very low. Option data suggests a good build up of postions at 5200 and 5400.
Our view on Nifty futures is bullish. on the upside we have a minor resistance at 5275 area and thereafter at 5300 zone. Only a move past this zone with a good volume will open th doors towards 5450-500 resistance area. On the down side we have a minor support at 5180 area and thereafter at 5130 zone. Only a beak of this level will quickly move the prices towards the major support area of 4930. Any dip in nifty futures should be used as a buying opportunity with appropiate stoploss.
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
Our view on Nifty futures is bullish. on the upside we have a minor resistance at 5275 area and thereafter at 5300 zone. Only a move past this zone with a good volume will open th doors towards 5450-500 resistance area. On the down side we have a minor support at 5180 area and thereafter at 5130 zone. Only a beak of this level will quickly move the prices towards the major support area of 4930. Any dip in nifty futures should be used as a buying opportunity with appropiate stoploss.
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)