Nifty Trading Stratergy for 27 Nov

1. FIIs  bought 5906 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 161.85 cores with net Open Interest increasing by 16920 contracts.
2. As Nse Nifty Future was up by 9 points with Open Interest in Index Futures increasing by 16920, so FIIs created fresh longs again in longs of  Nifty and Bank Nifty Futures.Do note FII has limited there activity to day trading as there total average comes at 5481 suggesting they are mostly doing day trading.

3. NS closed at 5636 after making a high...


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Nifty Trading Stratergy for 26 Nov

1. FIIs  bought 786 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 14.3 cores with net Open Interest increasing by 6630 contracts.
2. As Nse Nifty Future was down by 7 points with Open Interest in Index Futures increasing by 6630, so FIIs book profit in longs of  Nifty and Bank Nifty Futures.

3. NS closed at 5627 after making a high of 5638 and low of 5594. 5594 was the rising trendline support and we have discussed the same in Weekly analysis So 5594 is the number to be watched. Any close below it...

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Stock Trading Chart: Ranbaxy,Reliance Capital and IDFC

The purpose of trading is to make money. Every action should bend to that goal. That does not mean every trade makes money. It means every trade gets to closer. If you are looking for comfort, get a teddy bear. If you are looking to be right, play trivial pursuit. If you want excitement, drive fast.

Ranbaxy

Ranbaxy is near its long term channel support of 490. Stock has been in downtrend from 560. Stock looks ripe for bounce if 490 is not broken.

Buy above 501 Tgt 

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NSE India Nifty Trend Analysis -26 Nov 2012 Part -II

Fibonacci technique

Fib retracements

Fibonacci Ratios are drawn in above chart from 5217-5815 showing fibonacci support and fibonacci resistance. 5585 was broken but nifty closed above 5585 on Weekly basis . fibonacci resistance comes at 5652-5672 range.

Fibonacci fan

As discussed earlier Fibonacci fan helps in finding...

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NSE India Nifty Trend Analysis -26 Nov 2012 Part -I

The market was buffeted by strong gusts of news-flow last week from political drama. First Mamata Di's no confidence motion kept traders on edge and disruption and no functioning of parliament was a double blow to market sentiments.With a slew of bills on economic reforms slated for passage in the winter session, such adjournments are not likely to go down well with either domestic or foreign investors. Also an important development with SEBI discontinuing mini nifty futures from January 2013.
Next week is truncated week with Index Future Expiry for November series and Trading Holiday on 28 Nov.Lets discuss Nifty Trading Strategy for Futures expiry week.

 Nifty Hourly Chart

Nifty Hourly charts  is trading in the range...

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Larry Williams OOPS System

Today lets discuss stock market trading systems called larry williams  OOPS trading System which can be used for pattern applicable on ALL time frames, 1 minute, 5 minutes, hourly, daily, weekly, monthly or yearly stock market trading systems
History:
Back in 1979 Larry Williams published a description of a short-term trading method that is based on a pattern observed often in markets. The OOPS signal is a gap trading method that fades the direction of the opening gap. It is named thus, according to Williams, because when a broker would report to his clients that they were stopped out, he would call them and say, "Oops, we lost."
OOPS BUY
a) If you are watching daily charts, the first condition is that there has to be a SUSTAINED downtrend for a few trading sessions.I mean few Red Candles on daily Charts
b)On the last day of downtrend....

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Want to Day Trade? How to Avoid Day Trading Mistakes

When an amateur financial market participants are made reference to word Day Trading eyes glistens with dreams of  making millions in quick time.
So  does Really Day trading is so simple. As you have to keep sitting in front of your screen buying and selling stocks and make huge profits. So How much do day traders make. As per my experience in trading it takes almost 3-4 years for a serious trader to breakeven and after that sky is the limit. But 90% of traders gets wiped during 1-2 years and remaining in next 2 years.
Lets discuss the  most common trading error while day trading stocks.

1. Trading without a Day Trading Plan

Most of Day traders never create a trading plan.Too many rookie day traders enter the market without  having a  Plan. They fail to understand that they are competing against Hedge funds , Mutual Funds  and High Frequency trading platforms like online forex trading system who are there to suck money out of them. Day trader should have  entry price for buying a particular stock, your exit price and stop loss to protect from unwarranted losses.

2. Over leveraged Trading

If there is anything that can destroy a day trading ira account or online brokerage accounts is , it's margin.Margin Trading if used properly, margin is a valuable tool that ...


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Free Stock Market Trading Tips:Bata,Rel Infra and Rel Capital

When a position is getting ready to stop you out at a loss, do you find yourself bargaining with the name? Do you find your frustration level rising? Do you justify the reason for the move against you, and give it a little more room, only to get stopped out at a bigger loss? Or even worse, perhaps you now find yourself sitting on a double-digit loss, and are frozen with what to do with this now sinking ship? And perhaps the biggest fear for a trader is closing out a position only to see it run back in their favor moments later. Trust me when I say that every trader, seasoned or not, has these moments when stop levels are hit and they hesitate with pulling the trigger.

Bata

Bata has formed an Inverse Head and Should pattern and neckline placed at 890.

Buy above 890 Tgt...

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How to trade Nifty Future for 22 Nov 2012

1. FIIs  sold 2174 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 97 cores with net Open Interest increasing by 13258 contracts.
2. As Nse Nifty Future was up by 38 points with Open Interest in Index Futures increasing by 13258, so FIIs after long time initiated buying  in Nifty and Bank Nifty Futures. Nifty Futures made a peculiar low yesterday of 5555.55 which is termed as a magic number by many Technical Analyst and today it showed effect with NF trading well above 5620.

3. NS closed at 5615 after making a hig...

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Online stock trading tips,Free trading calls,Nse trading tips, Trading calls for today

Not having a plan. Get a plan, who cares if it is bad, start with something. You can build off of it and refine it. You have to be willing to spend the time to make the plan yours. You do not start anything without some level of planning. Trading is hard; your brain spends a lot of time in fast forward, affecting your memory. You can slow it down by having a plan and increase your brains ability to remember. A plan makes it possible to improve. Most importantly, a plan gives you a chance at removing emotion.

Andhra Bank

Andhra Bank has formed a Double Bottom stock chart pattern. Holding 99.7 stock can see a quick rally, Unable to protect 99.7 stock could see levels upto 92 in short term

Buy above 100.3 Tgt...

 

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How to trade Nifty Future for 21 Nov 2012

1. FIIs  bought 10582 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 275.90 cores with net Open Interest decreasing by 9094 contracts.
2. As Nifty Future was down by 5 points with Open Interest in Index Futures decreasing by 9904, so FIIs again booked profits in shorts created  in Nifty and Bank Nifty Futures. Nifty Futures made a peculiar low today of 5555.55 which is termed as a magic number by many Technical Analyst.

3. NS closed at 5572 after making a high...


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FII Derivative Statistics for 20 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 1167 Contracts of Index Future,worth 55 cores with net OI decreasing by 6697 contracts.
2. As Nifty Future was up by 9 points with Open Interest in Index Futures decreased by 6697, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.After Fridays fall we expected a choppy session and nifty traded well in our NF intital Range of 5670-5620.

3. NS closed at 5571 after making a hig....

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Swing Trading Calls:Gail,IDFC and Kotak Bank

Be impatient. As always, small loses and quick losses are the best losses. It is not the loss of money that is important. Rather, it is the mental capital that is used up when you sit with a losing trade that is important.Never, ever under any condition, add to a losing trade, or “average” into a position. If you are buying, then each new buy price must be higher than the previous buy price. If you are selling, then each new selling price must be lower. This rule is to be adhered to without question.
Do more of what is working for you, and less of what’s not. Each day, look at the various positions you are holding, and try to add to the trade that has the most profit while subtracting from that trade that is either unprofitable or is showing the smallest profit. This is the basis of the old adage, “let your profits run.” - Richard Rhodes’ Trading Rules.

IDFC

IDFC has been trading in the range of 158-166 and facing resistance of lower rising trendline.

Buy above 160.4 Tgt...

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FII Derivative Statistics for 18 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 27543 Contracts of Index Future,worth 725 cores with net OI decreasing by 30715 contracts.
2. As Nifty Future was down by 68 points with Open Interest in Index Futures decreasing by 30715, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.NF closed at 2 months low after Fridays fall. What an irony from few point away to 52 week high 1 week before and we are now trading at 2 months low :)

3. NS closed at 5574 after making a hig....

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Nifty Weekly Analysis with key break out levels Part-II

Nifty Fibonacci Retracement

Nifty Fibonacci Retracements from 5214-5815 are drawn in above chart,Major support at 50% retracement  at 5514 and Resistance at 5585.

Nifty Fibonacci Fans

As discussed earlier Fibo Fans helps in finding potential tops...


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Nifty Weekly Analysis with key break out levels Part-I

Auspicious Muhurat trading sessions again started the fresh downtrend in Nifty as per History. Nifty made a top of 5708 on the Muhurat day and is down to 5559 in just 3 trading sessions. As i have discussed before Nifty tends to give 5-6% move pre or post Mahurat trading session. And we already had 2% downmove. The downfall in last hour of trading have left many traders wondering and surprised to see the extent and furiosity of fall. Do remember market make 80% of move in 20% of time and traders following trend changer levels  for positional trading or Quadrant system for Intraday should not be surprised by the move. Discipline and Trust on Trading System is all Required.
Global Events for coming week Click here .Expect lot of volatility in Indian markets as Indian Parliament will start its winter session from Thursday and statements by leading politicians will add to volatility in Nifty in extremely short term.

 Nifty Hourly Chart

Nifty Hourly charts has broken down below the crucial level of 50 Hour SMA@5715 ...


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FII Derivative Statistics for 13 Nov Trade in Nifty and Bank Nifty Future

Wishing You & Your Family a Very Happy and Prosperous Diwali!!!
1. FII sold 15590 Contracts of Index Future,worth 423 cores with net OI decreasing by 17378 contracts.
2. As Nifty Future was down by 9 points with Open Interest in Index Futures decreasing by 17378, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.IIP data was dismal with degrowth of -0.4% and CPI inflation racing towards 9.75%, so a double whammy from economic data perceptive.

3. NS closed at 5684 after making a hig...

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Trade Stratergy on Muhurat trading 2012

'MUHURAT TRADING' SESSION:13 NOV 2012
 

EQUITY SESSION :
 NORMAL MARKET OPEN : 03.45 PM IST
NORMAL MARKET CLOSE :05.00 PM IST


Nifty and Sensex Historical moves on Muhurat trading
LAST YEAR MUHURAT SESSION: SENSEX CLOSE +35 Nifty +10. But the next trading day Nifty opened with a gap of 160 points and made the 2011 High of 5400.
It was during the ‘muhurat’ trading session of 5 November 2010...

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FII Derivative Statistics for 12 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 11316 Contracts of Index Future,worth 284 cores with net OI decreasing by 3012 contracts.
2. As Nifty Future was down by 44 points with Open Interest in Index Futures decreased by 3012, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.We have all importance IIP data today and that will decide further course of action.

3. NS closed at 5686 after making a high...

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S&P CNX Nifty - Weekly Analysis -11 Nov 2012 Part -II

Nifty Fibonacci Retracement

Nifty Fibonacci Retracements from 5585-5777 are drawn in above chart,Major support at 50% retracement  at 5680 and Resistance at 5703.

Nifty Fibonacci Fans

As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market...


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S&P CNX Nifty - Weekly Analysis -11 Nov 2012 Part -I

Wishing all Site readers a Happy and prosperous Diwali.
Last year has been profitable to Indian Equities with Nifty up 8% since last Mahurat trading sessions and Index is up 20% Year till date.There is optimism in the air with the Sensex up 8 per cent since last Muhurat trading day.
Trading will  be subdued in the first half of the week. With earnings season coming to an end, global events could provide direction to Indian equities. (Global Events for coming week Click here ).On the macro front, IIP data would be announced on Monday, 12 November 2012 for the month of September 2012.
Wednesday, WPI Inflation data for the month of October 2012 would be unveiled.
Historical data Nifty tends to give 5-6% move pre or post Mahurat trading session. So accept a 5-6% move in coming week.

 Nifty Hourly Chart

Nifty Hourly charts has broken down ....

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How Big Traders Got Big : What the Journeys of Successful Traders Have in Common

One of the most common things  new traders want to learn is what steps they need to follow and how much time it will take them to become successful traders. Naturally, the answers to these questions are extremely varied and it will depend on  how they want to become successful and what they perceive as successful trading. However I wanted to know if there was a common denominator to success and if the journey to get there was market by some well defined “steps” that I could share with my faithful readers. Upon studying the biographies of several accomplished traders – like George Soros  – and personally asking several traders I know -who manage funds with more than one million dollars in capital- I think I have come up with a pretty straight forward list of what their journeys have in common. You will see that most traders who achieved success got there through some pretty well-defined steps that are certainly far less incredible and rare than what most people think. After reading this post you will see that only a few qualities actually separate those who fail from those who enjoy lasting success in various forms of trading.
But what is success ? What ...

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FII Derivative Statistics for 9 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 14466 Contracts of Index Future,worth 392 cores with net OI decreasing by 9502 contracts.
2. As Nifty Future was down by 28 points with Open Interest in Index Futures decreased by 9502, so FII  booked profits in longs created  in Nifty and Bank Nifty Futures.

3. NS closed at 5739 after making a high of ...

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Dow Jones Industrial Average Celebrates "Four More Years" With Biggest Drop In A Year

It seems like only last night everyone was celebrating more hope, if not much change. Now comes the hangover. The Dow Jones intraday drop is now 2.23% (and rising), greater than the biggest drop so far in 2012 record on June 1. The last time the market plunged as much: literally one year ago, or November 9, 2011. Sadly, it appears that one can't have their Dow Jones Industrial Average and redistribute it too.

And if the surge in vol the last time we had moves of this magnitude is any indication, we can solmenly say that the world's most overrated job for the next 2 months (and 4 years) will be the Chief Redemption Officer, at any hedge fund.











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Swing Trading Calls:Allahabad Bank,Pantaloon Retailand Tata Motors

Traders who need to make money “right now” will trade more aggressively not realizing that the market will do what it wants when it wants regardless of the sand left in the hour glass.  I don’t know about others but I would much rather chase three turtles than one rabbit any day.  Slow and steady determines the pace while fast and furious can end the race.

Adani Enterprises

Adani has been trading in the range of 208-233.

Sell below 226 Tgt...

 

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FII Derivative Statistics for 8 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 3424 Contracts of Index Future,worth 122 cores with net OI increasing by 12748 contracts.
2. As Nifty Future was up by 26 points with Open Interest in Index Futures increased by 12748, so FII  again intitated fresh longs in Nifty and Bank Nifty Futures.

3. NS closed at 5760 second highest closing in 2012 after making a high of 5777 and low of 5711. So at last we had a closing above 5725 after Obama won today for 2nd time. The theory of breakout is suggesting th..


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FII Derivative Statistics for 7 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 3923 Contracts of Index Future,worth 155 cores with net OI increasing by 15627 contracts.
2. As Nifty Future was up by 27 points with Open Interest in Index Futures increased by 15627, so FII booked profit in shorts   and intitated fresh longs in Nifty and Bank Nifty Futures. Read How US election impact Stock Market

3. NS closed at 5724 after making a high of 5731 and low of 5694.Nifty at last after 15 trading sessions broke the figure of 5725 and closes at 5724 so have we done breakout ? Well it depends on how market opens..

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FII Derivative Statistics for 6 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 3765 Contracts of Index Future,worth 120 cores with net OI increasing by 14883 contracts.
2. As Nifty Future was closed as same level as on Friday but with positive bias ,Open Interest in Index Futures increased by 14883, so FII booked profit in longs  and intitated fresh shorts in Nifty and Bank Nifty Futures

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FII Derivative Statistics for 5 Nov Trade in Nifty and Bank Nifty Future

1. FII bought 28193 Contracts of Index Future,worth 702.43 cores with net OI decreasing by 37081 contracts.
2. As Nifty Future was up by 63 points and  Open Interest in Index Futures increased by 37081, so FII initiated fresh longs in Nifty and Bank Nifty Futures.

3. NS closed at 5697 after making a hig...

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Nifty Weekly Analysis for 04 Nov with key trading levels -II

Nifty Fibonacci Retracement

Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687. Nifty has closed above 5687 which is 78.6% retracement.

Nifty Fibonacci Fans

As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a swing top at 5815 as discussed in previous week analysis.Break of 5635 can lead to a down move till 5450 but it moved till 5583 and bounced back.Now i have ..

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Nifty Weekly Analysis for 04 Nov with key trading levels -I

Next week promises to be action packed week as 5 heavy weight SBI, ONGC, Tata Steel and Coal India comes up with their results.US also goes down for election on Tuesday. Mahurat trading is only 6 trading session away and as seen from past Historical data Nifty tends to give 5-6% move pre or post Mahurat trading session. So accept a 5-6% move in coming week or after 14 November.

 Nifty Hourly Chart

Nifty Hourly charts have seen a range expansion on downside with nifty range extending till 5583. Till 5580 is not broken we can see an expansion in upside range after 5725 is taken off.

Nifty Gaps...

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Stocks Results Calendar For 04-09 November

• 4 November :Cipla announces Q2 results on Monday.

• 5 November 2012:Tata Power and Reliance Infrastructure  on Tuesday.

• 6 November 2012:....

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Trade with STOCHASTICS

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane,

The Stochastic Oscillator "doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price.As a rule, the momentum changes direction before price." As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, and most important, signal that Lane identifie dBecause the Stochastic Oscillator is range bound, is also useful for identifying overbought and oversold levels.

CALCULATION

%K = (Current Close - Lowest Low) / (Highest High - Lowest Low) * 100
%D = 3-day Simple Moving Average (SMA) of %K
Lowest Low = Lowest Low for the look-back period
Highest High = Highest High ..

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FII Derivative Statistics for 2 Nov Trade in Nifty and Bank Nifty Future

1. FII bought 8658 Contracts of Index Future,worth 233.15 cores with net OI decreasing by 9758 contracts.
2. As Nifty Future was up by 20 points and  Open Interest in Index Futures decreased by 9758, so FII booked profits in in Nifty and Bank Nifty Futures at higher levels.

3. NS closed at 5645 after making a high of 5649  and low of 5601. As discussed from past 2 days  levels of 5585  is very important for bears to breaks and  Nifty made a low of 5583 and bounced back. Today close a..

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