NIFTY X-RAY REPORT FOR 08 FEB

Nifty is near its long term trend line support support from 4770 but has give closing below 50 DMA. And this trend line will decide the next move of nifty, Will this time also nifty take support and reverse or it will break the trend line. Lets consider......

Since last two days nifty price is falling and but open interest is decreasing. No indication of fresh short position in index future. 5900 put added 736,750 shares in open interest indicating base on this zone. As per Nifty EOD chart slow stochastic has placed into oversold zone indicating may reverse in near time.

Watch the level carefully tomorrow is very crucial day and tomorrow will decide the next trend. Nifty next support is coming at 5917-5905

BE A TRADING HERO

TRADE HARD OR TRADE SMART

CHOICE IS YOURS.

Hey friends I am going to show you another example of Intraday setup.This setup is giving mind blowing signal every day. I am saying all of you don,t adventure with your hard earned capital in stock Market. First of all just see what the signal coming. with this setup.

see the picture below.

As you are seeing that Setup is giving buy signal level 1 at 5937 and buy signal level 2 at 5925

and setup is giving sell signal at level 1 at 5975.35 and sell signal level 2 at 5987.

So as per my setup rule sell signal has come at 5975.35 at 10.15 AM with the stoploss coming at 5981.

so I decided to buy 6000 put.

I bought 20 lots( 1000 Qnty) 6000 put at 81.50 as nifty reached at 5975 and booked profit at 86.50

Total 6 points. total profit 6000 today. Total capital invested RS.81500/00

I have posted below 6000 put chart and intraday setup to confirm.

Enjoy trading.

BUY INTRADAY SETUP AND EARN DAILY 5000 ON 1 LAC INVESTMENT.

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Notice

Dear viewers,

The website would not be updated today. And I will be absent from market also.

 I will be back tomorrow

Regard

MCDOWELL

NIFTY X-RAY REPORT FOR 06 FEB

Bearish gap down Candlestick pattern has formed on NIFTY today and gave the downtrend signal and Nifty  has hit two week low today. As per slow stochastic indicator NIFTY is in over sold range now . Consecutive three black crows Candlestick pattern was formed by NIFTY .  NIFTY has moved below 20 days Exponential Moving Average after 46 days on 01/02/2013 and took support today at 50 day Moving Average. Global Indices has turned positive and this indication may give positive strength to nifty.

Nifty 5900 put added 10,30,250 contracts in open interest  Indicating hurdle around this level. Fiis sold index future worth rs 663 cores and open interest increased by 6345 contracts indicating fresh short position has been made. But I really don't understand the Fiis activities that how they make money.According to Nifty EOD chart a clear triangle pattern has formed and Lower side long term trend line is ready to give nifty support. On the Upside fresh breakout will require to give fresh move on nifty. 

nifty will face resistance around 5990 and 5934-24 will act as support for next days.     

AMBUJA CEMENT

BE A TRADING HERO

Hey friends Just buy intraday and positional setup and be a trading hero.

Below I am just going to show you about todays trade according to setup.  which I have posted below this message. As you are seeing that Nifty trading in very tight range and i am going to show you how you make profit in this type of tight range. As per Our intraday setup it is giving best buy signal at 5951.93.(see the setup picture below) So I decided to buy 600 call at that level. I bought nifty 20 lots  6000 call at 64 around 12.25 minute as nifty came at 5951.93 with the stop loss coming at 5945.92 spot nifty price.

Lets see what happened in  intraday. If you have not a proper intraday trading setup you are just doing adventure with your capital. OK come to the point .........

I bought 6000 call at 64 just see the chart what happened. at 13.50 nifty 6000 call went to 74.35. I booked profit safely at 70 rs.

20 lots = 1000 qnty X 6= 6000

brokerage 275.00= 6000-275=5725 Rs net profit in very range bound market. You may earn better money if you get wider range of movement in nifty.

Similarly you may make money every day in stocks and bank nifty future.

Don't do adventure with your capital and buy Intraday trading setup and BE a trading hero.

I have shown 600 call chart and setup picture for confirmation. This was the example of very tight range trading where trader always loose money.

BUY INTRADAY AND POSITIONAL SETUP AND START MAKING MONEY FROM DAY ONE

In spite of this showing the confirm setup if you are not ready to understand all these things then I would like to say god bless you my dear friends.

Have A good Luck

                               CLICK ON PICTURE FOR ITS LARGER VIEWS

NIFTY X-RAY REPORT FOR 05 FEB

Consecutive six days red candle stick pattern has seen on daily chart. As per nifty chart shown below 5965-5950 is good support for nifty on Daily chart according to wave theory. Fiis sold index future worth Rs. 710.33 cores and open interest increased in index future by 4.7% indicating short position has been made by Fiis. Fiis bought 856 cores in cash market segment. 

Nifty 6000 call added 1,36,450 contracts in open interest and 6000 put added 356,750 contracts and it is standing with highest open interest on the put side. Indicating volatile move between 5900 and 6000 strike.

Long term trend line support is coming around 5935 and this trend line will decide the further trend in our Indian market. If support taken smart V shape recovery is expected in our market. Put call ratio is at 0.90 indicating that it is near its reversal level from where it generally reversed. tomorrow will be crucial day for nifty for trend setup. Fiis made long position in stocks future worth rs 376.61 cores.

positional buy nifty around 5951-65 (spot) keep strict stoploss at 5930 (spot) and fix target according to your hunger.

More details to our subscribers................. 

HINDALCO LOOKING GOOD

          

KEEP AN EYE ON HINDALCO LOOKING GOOD TO BUY. BUY THIS STOCK IN FALL BETWEEN 110-111 STOPLOSS 109 ON CLOSING BASIS AND KEEP TARGET FOR 122-124 IN FEW DAYS.

NIFTY UPDATE FOR 04 FEB 2013