BANK NIFTY

ENJOY NIFTY AS PER ELLIOTT WAVE

After giving robust jump nifty broke the previous high and confirmed the wave 5 structure. As i have been writing since so many days that nifty is heeding towards 5950 But impulsive buying should extend the rally up to 6108. As per rule, 5th wave should have the same length of wave 1, which is 608 points. Another indication is bullish flag pattern. According to this rule nifty should rise the hight of flag. The hight of flag is 618 points. All are targeting nifty above 6100 very soon. So there is possible 600 points rally from 5548 level. Bulls giving warning to bears that will not be easy to break up trend. So I highly feel that Short players may get trapped at 5950 level.  

CHOICE IS YOURS

CHOICES IS YOURS
Ques1.    Are you a professional Trader ?
Ans-        No.
Ques2.     Do you always listen media before investing ?
Ans          Yes.
Ques3.    Do you know technical Trading?
Ans          No.
Ques4.    Do you always listen people before investing who is not professional also? 
Ans          Yes.
Ques5     Do you have proper strategy to invest in stock Market?
Ans         No.
Ques6.   Do you have not control over on your emotion during trading?
Ans         No
Ques7.   Do you have proper plan of investment which may give you a good return?
Ans         No
Ques8.   Do you have a mentor in stock market?
Ans         No.
Ques9.   Do you attained  regularly seminars?
Ans         No 
Ques10. Do you surround yourself with stressed individuals?
Ans        Yes. 
If your answer match with these above answers, well why are you losing your hard earned capital in stock market. Only behalf of on your expection , that you will earn money one day. Choose other option to invest your capital. My dear friend If your answers match with above answer I would like to suggest you as a brother/ friend/ well wisher, just quit from stock market without waiting any moment, without taking advices from your brokers or anyone, otherwise you will washout your rest amount in a year or months or some time in a week. Not only you may lose your capital but you may go into loan also.

Or

you just Consider a mentor for investment.
 Paid Subscriptions or Paying for research and analysis can be both educational and useful. Some investors may find watching or observing market professionals to be more beneficial than trying to apply newly learned lessons themselves. There are many paid subscription sites available on indian stock market.
I have found a very good strategy and new invented RDI technical system which is specially for small investors. Yes, only 200 points in nifty future per month may create a huge amount after 3.5 years for you. 
Yes, I have given daily updated our traded profit/ loss report card on right side on top of my website. No fake No false.
Choice is yours. what do you want either you want to lose your capital and want to quit after some time or you want to see yourself on comfortable position after 3.5 years.                

WARNING DIVERSION AHEAD

MY DEAR ALL VIEWERS AS PER MY NATURE AS I HAVE BEEN ALERTED YOU BEFORE TIME ON EVERY RALLY SO I AM THIS TIME ALSO GIVING YOU A ALERT SIGNAL. MARKET MAY DIVERT FROM ANY OF THE GIVEN LEVEL BELOW.

5950-6050-6150. THESE ARE U TURN LEVEL FOR MARKET I EXPECT 4200 IN 2013. THEREFORE ASSUME THIS RALLY AS A BEGINNING OF END RALLY. SELLING YOUR HOLDING STOCKS GRADUALLY ON TIME WOULD BE WISE DECISION.

NIFTY EYES

WITH YOU, AND  FOR YOU ,ALWAYS.  

SUBSCRIBE

TRAIL CALL IS CLOSED NOW. WE HAVE GIVEN 5 INTRADAY CALL. WE MADE APPROX 80 POINTS IN THIS FIVE CALL.

SUBSCRIBE OUR ONE LOT TO 32 LOTS PLAN IN JUST 20 MONTHS AND EARN RS 4 LAKH PER MONTH AFTER 20 MONTHS.

FOR DETAILS CLICK ABOVE ON CORORPATI PLAN.

YES ONLY 250 POINTS PER MONTH IN NIFTY CAN CHANGE YOUR LIFE IN TRADING.

CHOICE IS YOURS.

GOOD LUCK

INTRADAY SECOND UPDATE

INTRADAY PLAYERS BOOK PROFIT NIFTY SPOT AT 5872 TARGET GIVEN 5874

TRAIL NO-5

NIFTY INTRADAY BUY ABOVE 5850 SPOT PRICE FOR THE TARGET OF 5874 STOPLOSS AS PER MY PARAMETER COMES TODAY AT 5827

INTRADAY UPDATE

INTRADAY TRADING SHOULD AVOID TODAY AS PER MY TRADING PARAMETER 

BUY NIFTY SPOT AT 5810 STOPLOSS 5790( POSITIONAL)

OR

BUY NIFTY ABOVE 5861 SPOT POSITIONAL STOPLOSS 5810

NIFTY X-RAY REPORT FOR 30 NOV

Market gave a robust jump in two days. All negative views turned into positive now. Now every common person is shouting that market is going towards 6000. When I was saying no body has believed.

78.6% retracement level of 2011 fall comes at 5950 level. Nifty highest open interest on call side is standing in 6000 level Nifty highest open interest standing on put side in 5700 put. Yesterday 5800 put added 1563550 fresh contract in open interest indicating that 5800 level is going to give support nifty for todays session. Nifty long term rising trend line support is coming around 6175. So there is high probability that it may kiss the rising trend line. According to Elliott wave theory we are in 5th wave of  "B" wave. 5th wave may have the same length of first wave and according to wave  theory. So As per length of 1st wave nifty may have a capecity to kiss 6150 level. Retail FDI policy is ready to inject liquidity in nifty. Nifty is currently highly overbought on hourly chart, so better is to wait and let nifty indicators come down. But it not necessary that when it will come down. Price injection in the market is so impulsive.
I would like to advised to sell your all  holding stocks around 6000 level. You all will see 4200 level in 2013. C wave of the fall will be impulsive. price falling in nature will be very fast so then you will not get opportunity to sell your stocks at good price. Choice is yours.  

INTRADAY UPDATE

INTRADAY BOOK PROFIT NIFTY AROUND 5802 SPOT PRICE.

INTRADAY UPDATE.

Positional traders must be enjoying our call recommended to carry position if nifty close above 5704 spot price..

Nifty are fire. as I have given indication on friday.

nifty 5950 coming soon

INTRADAY PLAYERS KEEP TARGET NIFTY AT 5808-5817

INTRADAY TRAIL NO 4

reverse your trade market is fire target above 5800 buy nifty at current price. at 5781.

WE HAVE RECOMMENDED INTRADAY CALL TO BUY NIFTY AT 
5705. BUT MARKET OPEND GAP UP AND TRADING AVOVE OPEN PRICE . TAKE A LITTLE RISK  SHORT NIFTY AT 5767 STOPLOSS AT 5772. ONLY 5 POINT STOPLOSS. TARGET 20 POINTS BELOW.
INTRADAY

ALL POSITION SHOULD BE DONE ONLY AFTER 9.30 AM.

BUY NIFTY AT 5705 SPOT PRICE STOPLOSS 5685 SPOT PRICE TARGET 5735-5745.

NIFTY X-RAY REPORT FOR 29 NOV

NIFTY JUMPED ABOVE 50DMA AND CLOSED ABOVE ITS RESISTANCE LEVEL AROUND 5727. DEC NIFTY FUTURE OPEN INTEREST ADDED 5483550 CONTRACT NET OPEN INTEREST INCREASED BY 105%  INDICATING LONG POSITION HAS BEEN ROLL OVER FOR NEXT SERIES. NIFTY 5700 PUT ADDED FRESH MORE THAN 31 LAKH CONTRACTS AND 5700 CALL OPEN INTEREST DECREASED BY 33 LAKH CONTRACTS, INDICATING THAT BULLS ARE AGGRESSIVE TO PROTECT THE 5700 LEVEL.

AS PER NIFTY EOD CHART SLOW STOCHASTIC INDICATOR IS PLACED IN OVERSOLD ZONE BUT REST OF INDICATOR IS GIVING STRONG BUY SIGNAL. AS PER NIFTY WEEKLY CHART, IT SEEMS THAT MASTER BLASTER MOVE MAY HAPPEN IN COMING DAYS OF DEC MONTH. NIFTY 5800 CALL OF DEC SERIES SEEN MOST ACTIVE CALL AND TRADED WITH HIGHEST VOLUME IN CALL SIDE. FII BOUGHT INDEX FUTURE WORTH RS 1342 CORES WITH NET OPEN INTEREST ADDITION IN NEXT SERIES INDICATING THAT FRESH LONG POSITION HAS BEEN ADDED. SINCE SO MANY DAYS I HAVE BEEN TALKING THAT 5950 IS COMING SOON. NIFTY HAS SHOWED TRAILER AFTER TESTING LONG PATIENCE. NOW MOST OF TECHNICAL ANALYST ARE  WRITING ABOUT BULLISH TURN ON THEIR WEBSITE. THIS UP MOVE SHOULD CONTINUE TILL 5800 WITHOUT ANY OBSTACLE IN VERY NEAR TERM. POSITIONAL TRADER KEEP THEIR STOPLOSS AT 5704 SPOT NIFTY PRICE ON CLOSING BASIS FOR LONG SIDE. THINK ABOUT SHORT IN THIS TYPE OF MARKET WILL CREATE SITUATION LIKE '' AA BAIL BUJHE MAAR''

 PARTICIPANT WISE OPEN POSITION( NO OF CONTRACTS) TILL 26 NOV

FII

INDEX FUTURE LONG---- 227544

INDEX FUTURE SHORT---144479

INDEX FUTURE NET----      83065 

INDEX OPTION CALL LONG----350753

INDEX OPTION CALL SHORT---395995

NET CALL POSITION=======  (-45242)

INDEX OPTION PUT LONG------884325

INDEX OPTION PUT SHORT----239329

NET POSITION PUT========= (644996)

ELLIOTT WAVE BRIEF

INTRADAY UPDATE

Nifty made high at 5715 at the time of typing post

Our second target kissed 

Intraday player book profit at 5715

positional trader carry position if nifty spot close above 5704.

HOW DO YOU CHOOSE BROKER

HOW DO YOU CHOOSE A BROKER
Investing in the stock market requires the assistance of a stockbroker to execute your orders even if you don’t feel like you need their advice.
Finding the right stockbroker will make your trading experience more

 efficient and profitable. There are several different types of brokers and financial advisers that will work with you.
All brokers will execute trades for their clients, but a good broker will also research on various investments in stock market and provide advice to you. A good broker really consider your portfolio. Ideally, a good broker thoroughly researches various investments and keeps you up-to-date with market trends and with the stock performance. Did you consider this ever before signing the application form.
In return for these services, the broker charges fees when you buy or sell stocks. For example, you buy 100 quantity stocks and you pay brokerage rs 100. A broker also typically charge annual service charges or maintenance fees for your account. Most disturbing, because all brokers receive commissions every time for executing a trade for the client, their compensation is largely determined by how many times you buy and sell stocks in your account. This is not to say that you shouldn't use a broker, but if you do, go into it with your eyes wide open, thoroughly check the broker out. Does your broker charging very high commission for executing trade. For example, if you buy 100 quantity of a perticular stocks which price is at 100 and the broker charge rs 100 for executing order. Same order can be execute at rs 20-30 only. which broker would you like to choose. choice is yours. Does your broker provide you technical analysis training and various research on stocks and on stock Market, because they are charging annuals fees and commissions on your every buy and sells. If not then you are only the source of profit for them, but they are not for you.
Nifty Eyes provide all technical training for their clients absolutly free and charges very low brokerages. yes we charge Rs 20 only per trade order, quantity no matter.
Open an account with Us and learn free trading training and get various research on market and stocks. We are associate partner with Zerodha! Zerodha is an online discount brokerage firm. Through us you can buy and sell Stocks, Futures & Options, Commodities, and Currencies using cutting-edge software at unbelievably low costs. Zerodha charges a fee of only 0.01% or a maximum Rs. 20 per executed order irrespective of the size of the order.
We have made things really simple for you. To start off, you can check out our brokerage calculator here on the right side on the home page and view the savings you can make by trading with us. Once you've seen what you need to see, you can go right ahead and decide what kind of account and broker works best for you choice is yours.
good luck
contact for open an account- eyesnifty@gmail.com

INTRADAY SECOND UPDATE

Few days back I recommended to buy TATA STEEL. today again I am recommending buy this stock for Dec. will blast after expiry.

Reliance Industries attracting bulls for Dec. 

TRAIL CALL NO 3

BUY NIFTY (SPOT) AT CURRENT OR AROUND 5693-95

TRADE IN NIFTY FUTURE DECEMBER SERIES ACCORDINGLY.

STOPLOSS 5668

TARGET 5704 -5715

POSITIONAL TRADER CARRY POSITION IF NIFTY SPOT PRICE CLOSE ABOVE 5704.

OPTION BUY DEC 5700 CALL POSITIONAL AROUND 100

NIFTY X- RAY REPORT FOR 27 NOV

Technically remain same as yesterday. Nifty struggle yesterday just below 50 DMA price. Nifty 5600 put added 15 lakh shares in open interest indicating that 5600 level will be protected by bulls buy highest open interest in 5700 call is also indicating that 5700 level may be maximum boundary for Nifty.  Sgx nifty is trading 30 points above from indicating little up move may happen in our Indian market. If nifty price open gap up above 50 DMA and sustain above it then we may move higher side.

Trail call no 3 will be updated between 9.30 to 9.40 AM.

IMPLIED VOLATILITY

WHAT IS IMPLIED VOLATILITY AND WHY IMPLIED VOLATILITY IS IMPORTANT FOR OPTION TRADING ?
Most of traders ignore the implied volatility in trading but this is very useful tools. Implied volatility (IV) is the most useful mathematical tools in stock market of the option greeks. Implied volatility can be used to adjust your risk control and trigger trades.
Implied volatility changes as investor sentiment changes in the market and can be very sensitive to the overall market environment. It can forecast the market direction and make trading decisions.
Implied volatility as measure of relative value
The implied volatility of an option is a more useful measure of the option's relative value than its price. The reason is that the price of an option depends most directly on the price of its underlying asset. Implied volatility is so important that options are often quoted in terms of volatility rather than price, particularly between professional traders. In short in a single and simple line i would like to say that Implied volatility is simply a amount the stock price will fluctuate either side.
Example
A call option is trading at Rs.1.50 with the underlying trading at 78.05. The implied volatility of the option is determined to be 18.0%. After few days, the option price is trading at 2.10 with the underlying at Rs.79.5., yielding an implied volatility of 17.2%. It means that the price option of the call of underlying may fall and rise 17.2%.  Even though the option's price is higher at the second measurement, it is still considered cheaper based on volatility. The reason is that the underlying needed to hedge the call option can be sold for a higher price.
Implied volatility reflects what traders “thinking” about the potential for the underlying stock or index.
Implied volatility will rise when traders are becoming very fearful. Same implied volatility will fall when investors are very bullish. This matters to option traders because an increase in implied volatility causes a rise in option premiums. But that is bad for option buyers but can be good for sellers. When implied volatility is falling and traders are becoming more bullish, option prices fall and being a call buyer may be a better alternative than being a put seller.
Implied volatility is a dynamic figure that changes based on activity in the options marketplace. Usually, when implied volatility increases, the price of options will increase as well, assuming all other things remain constant. So when implied volatility increases after a trade has been placed, it’s good for the option owner and bad for the option seller.
Same if implied volatility decreases after your trade is placed, the price of options usually decreases. That’s good if you’re an option seller and bad if you’re an option owner.
For example, imagine stock XYZ is trading at Rs.70, and the implied volatility of an option contract is 15%. This implies there is a consensus in the market that a one standard deviation move will be happen either side plus or minus 10 (since  of the Rs.70 stock price equals Rs.10).
Traders thinks that  there’s a 68% chance that XYZ will be settle between Rs.60 and Rs 80.

CLOSING UPDATE

TOTALLY  DIRECTION LESS TRADING SESSION AND MARKET IS NEAR ITS CLOSING TIME SO PLEASE EXIT FROM NIFTY LONG POSITION AT 5636 SPOT NIFTY PRICE. TAKE LOSS OF 5 POINTS.

NIFTY X-RAY REPORT FOR 26 NOV 2012

Nifty faced resistance near 5640 level and fell to 5593 level in last session and took support there. Nifty will face resistance around its 38.2% retracment level which is at 5651. Nifty gap on hourly chart is at 5662. These level will act as hurdle for nifty for monday session. Nifty daily slow stochastic is trying to be oversold very soon which is indicating less strength in the market. Domestic bad news is in favor of bears but global bullish impact may push nifty up. 5662 level should act as Laxshaman Rekha and it will be trenddeciding level also. Positional trader may take fresh entry on the long side only closing above 5662. On the down side long term trendline has come to 5575 level now. Any break of this level Nifty may drag to 200 day moving area which is at 5328 now. Nifty may give gap up opening and traders should be alert at 5662 level.

Nifty highest open interest standing in 5500 put option at 8423150, and in the  call side 5700 call has highest open interest at 8768900 which is indicating base and maximum stretch in the market for current series further. Any major change in open interest may change the direction of Nifty. bullish flag pattern indicating possible upmove is waiting in our indian market.

    

HIDDEN SECRETS

HIDDEN SECRETS:- From last few years I had been struggling to get a mathematical key to massive earn in Nifty future trading. The formula which does not fail and provide sure shot success in trade   and finally I got the key last week. It work really fantastic. It is nothing but mathematical formula based on Fibonacci mathematical tools which I have modified for intraday trading. I have found its success ratio more than 95%.

                       "Remember,  you will not fail with this formula". 

This formula works in both Intraday and Positional. Being very honest I have been posting here  NIFTY X-RAY REPORT since so many times, and it has proved all ready that how this report keep you up to date in the stock market.

I have shown the trailer of this formula on last Friday. Short call  was recommended  at 5618 and it hit the target in intraday. I will post the recommendation based on the formula free for next five days here as a trail.

TRAIL 2-

Recommendation for 26/11/2012

Nifty Initial cycle for next session is between 5593 to 5662.04. Once if it complete its first Cycle then it may complete its second cycle up to 5696.48

Intraday Trade recommendation-

1. condition -

Buy nifty above 5640 target 5659 stoploss 5613.60

Short nifty at 5613 target 5595 stoploss at 5640.

2. condition

Short nifty at 5661 stoploss 5666 target 5640 reverse your trade if stoploss hit for the target of  5685.

Buy nifty at 5595 stoploss 5590 for the target of 5525.

Be neutral between 5613-5640 ( no action required )  

Traders may reenter in trade above 5 points or below 5points after breaking the range to grab more profit.

For example trend will be highly positive in positive world market condition.

If Nifty break upside range 5662.04 then buy again above 5 points of 5662. similarly short nifty again if it break its lower range. Positional traders carry long if nifty spot close above 5662.04 and may carry short if nifty close below 5593.

It will give you little profit in intraday but it will give you sure shot profit every day.

Note:- If your stoploss hit in any side in intraday then trade double quantity for opposit side. All the nifty price recommended above is nifty spot price. Traders who trade in option segment may trade in 5600 call and 5700 put on the recommended level.  Traders who pay very less brokerages like ZERODHA may take more points. If any body interested may apply to us to open a trading and demat account with ZERODHA.