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THANK GOD  WE ARE WITH NIFTY EYES CROREPATI PLAN. ONLY TWO DAYS ARE LEFT. SUBSCRIBE CRASH COURSE AND ENJOY PROFIT.

CHOICE IS YOURS

Many traders are able to make some money when their setups occur, but then give their profits back when the market goes into CONSOLIDATION.
If only you could know when the market was going to be choppy; That one piece of information could possibly turn you into a profitable trader!
Choppy markets chop up your profits. Sometimes learning when NOT to trade is just as important as knowing when to trade.
Knowing your trading signals and when to trade is your "offense." Knowing when NOT to take your trading signals is your "defense."
To win at the trading game you need both a good offense and a good defense.
You can learn all about it from my INTRADAY TRADING SETUP, It will give you daily accurate buy and sell level in all type of market condition, and from my daily free stuff  NIFTY X-RAY REPORT "How to Avoid Choppy Markets and Get in on Major Trends."
The Report can help you by giving you proven filters you can add to ANY trading method telling you when your trading setup is likely NOT to work.
But, just as importantly, it also teaches you how to anticipate the end of choppy conditions and the beginning of new trends ... therefore getting you early into new mega trends!
So don't forget to buy INTRADAY TRADING SETUP and read daily NIFTY X-RAY REPORT.

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 and developed a very simple and effective technical and mathematical system which is proving everybody in making money in any type of market. Buy Intraday setup Or doing crash course will be better than expected and profitable decision. 

NIFTY X-RAY REPORT FOR 08 MARCH

The market gave today unexpected sharp breakout above 5830 with CNX realty was the best performer in today's trade also while metal sector was the biggest looser in today's session . The Sensex closed at 19413.53, up 160.93 points from its previous close, and the Nifty closed at 5863.43, up 44.70 points. The CNX Midcap index was up 0.64% while the CNX Smallcap index gained 0.62% in Today's trade. The market breadth was positive with advances at 591against declines of 499 on the NSE. The Bank index was up by 0.79% in todays  session. Hero moto corp jumped 4.61% with highest gainer on nifty 50 group while Jindalstel was the biggest looser with -1.99% in today's session.

Nifty closed with positive sentiment up 0.77% in today's session. As per nifty Relative Strength Indicator (RSI), was placed in oversold zone till previous week however recent price pattern on nifty daily chart has indicated trend reversal with improving RSI towards upside in near term and it seems that nifty has made strong base near 5700 and, stock may give more rise from here in near future. Nifty was in short term down trend till yesterday but now as it has given closing above 5850 it has come in up trend in very short term point of view. A good Bullish engulfing Candlestick pattern has formed on NIFTY EOD chart in today's session Prior to pattern formation this Index was in downtrend. As per slow stochastic , NIFTY has come in strong positive zone, currently MACD is not giving any signal. Nifty was in consecutive downtrend since five weeks but reversal given this week.

Nifty 5700 put has highest open interest at 99 lakh on the put side indicating strong base for the march series ahead.  Nifty 5800 put added 1,207,600 fresh contracts today and added 1,454,600 fresh contracts yesterday in open interest. Total 2,662,200 contracts added in two days indicating strong support around 5800 in near term. 6000 level has highest open interest on the call side indicating higher boundary upside. As nifty was up by 44 points and open interest added in 5800 put indicating strength towards upside after continuing down trend. Put call ratio has improved from 0.94 to 1.05 level indicating that price may go more higher in further direction.

FIIs bought index future worth Rs. 410 cores and open interest decreased by 8960 contracts, as nifty future was up by 48 points and open interest decreased indicating that FIIs have covered their shorts which they been carried from last months.

LAST   HIGH - 5878  LAST LOW - 5801
WEEKLY HIGH - 5878 WEEKLY LOW - 5663
5 DMA DAILY - 5777
20 DMA DAILY- 5846 

50 DMA DAILY- 5942

200 DMA DAILY- 5563200DMA@5563

I had written in my previous post " that previous high and low will be very important for todays session  and any side breakout will give a clear direction". As we saw today that nifty formed another green candle on nifty daily charts. It took more than three hours to break upper level of previous high. Today nifty has closed above 20 day moving average after 24 days indicating a strong up trend in near future.  I have given you indication That nifty may rise in further direction and it had taken resistance exact at my projected level near 5830 on 6 march. Nifty was in strong down trend on both daily and weekly chart. 5700 put open interest reached at 99 lakh just after five days of new series indicating that 5700 level is not going to break in March series, so expecting that 5700 level will break in March it will be little unmatured analysis.  As per Today's session nifty has given bullish jump in todays session also and closed above 5850 strong resistance which was budget day high. Todays nifty has touched the upper falling trendline. If nifty sustain here above 5850 and break the trend line another blasting move we may see in very near term. However it has taken resistance at higher channel indicating hurddle at this level. If break this channel nifty will give further more spike from this zone. Nifty has formed a double top formation around 5970 in this down wave may create strong obstacle at higher level. Trend is now buy on dip mode in short term point of view. Untill unless nifty cross 5970 bulls can not come in full confidence. 

In short as long as nifty is above todays low (5801) short term and mid term bias will remain positive. As per impulse in price pattern it seems that nifty will give surprise to everyone in this month and there will be no wonder if nifty made a new high in this series.

Short term stoploss for long trade at 5801 spot price
Target expected - 5930 and if broken than 5970.

If stoploss hit reverse your position towards short side with stop loss coming at 5880

PS: If you like this article, don’t forget to Spread the word and let your friends know of this article/site so that all can benefit from our perspective.

HERO MOTO CORP

 Watch this stock. The stock has given closing above 20 day moving average with good momentum. If give a break above 1750 (which is Laxaman Rekha)  grab this stock for the target of 1850 stoploss 1721. 

MOMENTUM STOCK SESAGOA

BUY THIS STOCK FOR THE TARGET 170 STOP LOSS AT 158

NIFTY X-RAY REPORT FOR 07 MARCH

The market gave today positive move also with realty was the best performer in today's trade also. The Sensex remain above 19000 second day in march series at 19252.60, up 109.40 points from its previous close, and the Nifty closed at 5818.60, up 34.35 points. The CNX Midcap index was up 1.08% while the CNX Smallcap index gained 1.36% in Today's trade. The market breadth was positive with advances at 761against declines of 330 on the NSE. The Bank index was up by 0.70% in todays  session. Jp Associate was the highest gainer, up 5.67% in nifty 50 group while Hindustan Uni Liver was the highest looser with -2.10% in today's session.

Nifty closed with 0.59% in today's session. As per nifty Relative Strength Indicator (RSI), was placed in oversold zone since three days however recent price pattern on nifty daily chart has indicated trend reversal in near term and strong base near 5700 and, stock may give more rise from here in near future. Nifty is in short term down trend until it is below 5850. A good Bullish engulfing Candlestick pattern was formed on NIFTY EOD chart in yesterday's session Prior to pattern formation this Index was in downtrend. As per slow stochastic , NIFTY was in over sold range also with MACD downside cross signal. Nifty is in consecutive downtrend since five weeks.

Nifty 5700 put added 1,186,550 fresh contracts in open interest which take this strike at highest open interest at 9,521,300 on the put side. While nifty 5700 call has 2,662,500 contracts decreasing with 274,150 fresh contracts in today's session. Nifty 5800 put added highest1,454,600 fresh contracts in open interest today.  As nifty was up by 35 points and open interest added in 5700 and 5800 put indicating strong trend reversal fron lower side after continuing down trend. Put call ratio has improved from 0.94 to 1 level indicating that price may go more higher in further direction.

FIIs bought index future worth Rs.191 cores and open interest increased by 12937 contracts indicating that FIIs have started fresh long entry after long period.They have covered their short in yesterday's session also, but there was no any indication of fresh buy in today's session. 

As I have given you indication That nifty may rise in further direction and it has taken resistance exact at my projected level near 5830. Nifty was in strong down trend on both daily and weekly chart. As per recent price pattern It has given one of the fastest rise in yesterday's session.   5700 put open interest reached at 95 lakh just after four days of new series indicating that 5700 level has formed as a strong base on the down side. As per Today's session nifty has given bullish jump in todays session also but reached at very crucial level So tomorrow session will be very important for nifty for next move in either direction. Today's session high and low will be crucial level for tomorrow to watch, Either side break with follow up buying or selling will indicate a clear direction. If nifty break towards upside then we will see a fast rally upto 5960 and if we break today's low range then we may see a fast fall of 200 points towards downside.   However nifty has shown very strong breakout on hourly chart and it has taken resistance at higher channel. If break this channel nifty will give further more spike from this zone. Nifty has formed a double top formation around 5970 in this down wave may create strong obstacle at higher level. Trend is now buy on dip mode in short term point of view. Untill unless nifty cross 5970 bulls can not come in full confidence. 

Short term stoploss for long trade at 5785 spot price
Target expected - 5850 and if broken than 5970.

If stoploss hit reverse your position towards short side with stop loss coming at 5830

NIFTY X-RAY REPORT FOR 06 MARCH

The market gave a robust punch today with super gain with realty was the best performer in today's trade. The Sensex closed above 19000 again at 19143.17, up 265.20 points from its previous close, and the Nifty closed at 5784.25, up 85.75 points. The CNX Midcap index was up 1.68% while the CNX Smallcap index gained 2.03% in Today's trade. The market breadth was positive with advances at 760 against declines of 316 on the NSE. The Bank index was up by 1.87% in todays  session. Sesagoa was the highest gainer, up 5.27% in nifty 50 group while Bajaj Auto was highest looser with -1.22% in today's session.

Nifty closed with 1.5% in today's session. As per nifty Relative Strength Indicator (RSI), was placed in oversold zone since three days and now it has shown sign of recovery. However, recent price moves  in todays session indicates trend reversal and strong base near 5700 and, stock may give more rise from here in near future. Nifty is in short term down trend until it is below 5850. A good Bullish engulfing Candlestick pattern has formed on NIFTY EOD chart on today's session.Prior to pattern formation this Index was in downtrend. As per slow stochastic , NIFTY was in over sold range with MACD downside cross signal. Nifty is in consecutive downtrend since five weeks.

Nifty 5700 put added 1,840,500 fresh contracts in open interest which is standing with highest open interest at 8,974,650 on the put side. While nifty 5700 call has 2962650 contracts decreasing with 254,600 fresh contracts in today's session. As nifty was up by 85.75 points and open interest added in 5700 put indicating strong reversal after continuing down trend. Put call ratio is at 0.94. Put call ratio is improving from 0.87 indicating that price may go more higher further.

Fiis bought index future worth Rs.175 cores and open interest decreased by 9317 contracts indicating that Fiis have covered their short in todays session also, but no indication of fresh buy in today's session. 

Nifty was in strong down trend on both daily and weekly chart. As per price pattern It has given one of the fastest rise in todays session.  5700 put added highest open interest in todays session standing with highest number. 5700 put open interest reached at 90 lakh just after three days of new series indicating that 5700 level has formed as a strong base on the down side. As per Today's session nifty has given strong jump and index and may go in further direction till 5850-5970. As I have given indication yesterday that " nifty may take support here and may try to get ride off from oversold zone. 5760 level should watch carefully in tomorrow session. If price sustain above this level then it will kiss 5830 level very soon".  In current situation if nifty continue its uptrend then it may kiss 5830-60 and if it break its todays low in then it may kiss 5630 but it chances seems further very low. Weekly chart indicating that there is still lot of down move is due in the market before any meaningful bounce. I have recommended yesterday that "Cover your short position if nifty future cross 5760.  However nifty has shown very strong breakout on hourly chart and it may give further more spike from this zone. Nifty has formed a double top formation around 5970 in this down wave may create strong obstacle at higher level. Trend is now buy on dip mode in short term point of view. Untill unless nifty cross 5970 bulls can not come in full confidence. 

Short term stoploss for long trade at 5730 spot price
Target expected - 5850 and if broken than 5970.

If Stoploss hit reverse your position towards short side with sl at 5820

GOOD LUCK

NIFTY HOURLY CHART

NIFTY X-RAY REPORT FOR 05 MARCH

The markets closed with little loss with realty was the worst performer today also. The Sensex closed at 18877.96, down 40.55 points from its previous close, and the Nifty closed at 5698.50, down 21.20 points. The CNX Midcap index was down -1.49% while the CNX Smallcap index loosed 1.83% in Today's trade. The market breadth was negative with advances at 250 against declines of 823 on the NSE. The Bank index was up by 0.31% in todays  session. Bharti Airtel was highest gainer up 1.88% in nifty 50 group while JP Associate was the biggest looser with -5.95% in today's session.

Nifty closed with -0.37% in previous session. As per nifty Relative Strength Indicator (RSI), it is placed in oversold zone since three days but not any sign of recovery yet. However, recent price moves on in todays session indicates trend reversal and strong base near 5700 and, stock may rise in near future. Nifty is in short term down trend. Bullish harami Candlestick pattern has formed on NIFTY EOD chart on 01/03/2013 Prior to pattern formation this share was in downtrend. As per slow stochastic , NIFTY is in over sold range with MACD downside cross signal. Nifty is in consecutive downtrend since five weeks.
Nifty 5700 put added 435,500 fresh contracts in open interest which is standing with highest open interest at 7,157,450 on the put side. While nifty 5700 call has 3,296,550 contracts with the addition of 745,850 fresh contracts in today's session. As nifty was down by 27 points and open interest added in 5700 call much than 5700 put indicating reversal after continuing down trend . Put call ratio is at 0.9 indicating that price may take support very soon.

Fiis bought index future wort Rs.399 cores and open interest increased by 34143 contracts indicating that Fiis have covered their short in todays session, no fresh short indication in today's session in spite of negative global clues. 

Nifty is in strong down trend on both daily and weekly chart. As per price pattern on todays chart seems that nifty is ready to take support around 5700 level. %700 put highest indication also indicating strong base near this level. As per Today's session there are high probablities that stock may take support here and may try to get ride off from oversold zone. 5760 level should watch carefully in tomorrow session. If price sustain above this level then it will kiss 5830 level very soon.  In current situation if nifty continue its downtrend and if it break its todays low in tomorrow session then it may kiss 5630.   Weekly chart indicating that there is still lot of down move is due in the market before any meaningful bounce. Cover your short position if nifty future cross 5760.  However nifty is showing in oversold and it may give a spike from this zone but not any recovery indication seen till now. Untill unless nifty cross 5760 level we cant see a valid up move.

Downtrend stoploss at 5750 spot price
Target expected - 5630 and if broken than 5530.

If Stoploss hit reverse your position towards long side with sl at 5670.

Good luck

NIFTY X- RAY REPORT FOR 04 MARCH

Past session Report:-

The markets closed with moderate gain last friday with realty being the worst performer. The Sensex closed at 18918.52, up 56 points from its previous close, and the Nifty closed at 5719.56, up 27 points. The CNX Midcap index was up 1.09% while the CNX Smallcap index gained 0.02% in Fridays's trade. The market breadth was positive with advances at 780 against declines of 635 on the NSE. CNX media sector jumped 1.90% in friday's session. Maruti jumped highest with 5.28% in Nifty 50 stock while DLf was the biggest looser on nifty with  -5.97%

Current technical:-

Nifty closed with -2.3% in previous week and closed below its middle band of bollinger with negative sentiment. As per nifty. As per Relative Strength Indicator (RSI), it is placed in oversold zone but not any sign of recovery yet. However, recent price moves on 01/03/2013 indicates trend reversal and stock may rise in near future. Nifty is in short term down trend. Bullish harami Candlestick pattern has formed on NIFTY EOD chart on 01/03/2013 Prior to pattern formation this share was in downtrend. As per slow stochastic , NIFTY is in over sold range with MACD downside cross signal. Nifty is in consecutive downtrend since five weeks.
Nifty 5700 put added 567,700 contracts in open interest which is standing with highest open interest at 6,728,450 on the put side. While nifty 5700 call has 2,549,350 with the addition of 990,600 fresh contracts in friday's session. As nifty was up by 27 points and open interest added much than 5700 put indicating volatile session ahead. Put call ratio is at 0.8 indicating that price may take support very soon.

Further technical prediction:- 

Nifty is in strong down trend on both  daily and weekly chart. As per charts seems that next phase of downtrend has been started which should last in five wave down trend structure till next 13 months. There are high probablities that stock may fall in 5630-5530 range. There is a big gap on Nifty daily chart around 5447-5527. In current situation if nifty continue its downtrend then it may kiss this gap level in very near term. Weekly chart indicating that there is still lot of downmove is due in the market before any meaningful bounce. Short side trading is better than long side trading in current situation. However nifty is showing in oversold zone but not any recovery indication seen till now.
Downtrend stoploss at 5820
Target expected - 5630 and if broken than 5530.

Good luck

NIFTY WEEKLY CHART WITH INDICATORS ANALYSIS

NIFTY WEEKLY CHART HAS CLOSED BELOW BOLLINGER MIDDLE BAND WHICH IS INDICATING BEARISH SIGN. BOLLINGER LOWER BAND SUPPORT IS COMING AT 5550 AND 38.2% RETRACEMENT IS COMING AT 5508. MACD AND RSI INDICATING TOWARDS THIS TARGET. NIFTY DAILY CHART LOOKS SOME OVERSOLD ZONE.

PIVOT POINT (EDUCATIONAL)

Pivot Points 
Pivot points , support and resistance
Pivot point Trade examples.
A pivot point is a price level of significance in technical analysis of a Stock market that is used by traders as a predictive indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.
Pivot Points are used to project potential support and resistance levels. The main time periods used are daily, weekly, and monthly pivots. The formula for the daily pivot point, support, and resistance is shown below:
Pivot Point = [Yesterday's High + Yesterday's Low + Yesterday's Close] / 3
An example on 15-minute chart of a script shown below

 

Support Levels

• S1 = [Pivot Point * 2] - Yesterday's High
• S2 = Pivot Point - Yesterday's High + Yesterday's Low
• S3 = S2 - Yesterday's High + Yesterday's Low Resistance Levels

• R1 = [Pivot Point * 2] - Yesterday's Low
• R2 = Pivot Point + Yesterday's High - Yesterday's Low
• R3 = R2 + Yesterday's High - Yesterday's Low

To calculate weekly or monthly numbers, simply replace "yesterday's" with "last week's" or "last month's" high or low.

Pivot Point Example

In the chart above, and going from left to right, Resistance Level 1 (R1) held and the Stock reversed course and headed downward.
After that, the next potential support was at the Pivot Point. However, the Stock broke through the Pivot Point. Notice that when the Stock attempted to reverse course, it was rejected by the Pivot Point now acting as resistance. An important technical analysis concept is that when resistance is penetrated the prior resistance then becomes support. Similarly, when support is penetrated the prior support then becomes resistance.
From there, the next support was Support Level 1 (S1). S1 held strong and the Stock reversed direction yet again.
The next resistance line was at the Pivot Point, which failed.
The trading day ended by the Stock testing the Pivot Point, now acting as support, which subsequently held. From there, the index rallied on into the close.
More ways to use Pivot Points is discussed below.

Pivot Point Trade Examples

Pivot Points
In addition to giving buy and sell signals, pivot points give traders a good time to get out of their trade. To illustrate, during a rally some traders will set their sell orders right below the next resistance line. Thus, pivot point resistance and support lines can generate ready made profit targets.
A 5-minute chart example is shown below.

In below chart price opened the day downward, but held steady at Support 2 (S2).
From there, the price  rallied past S1 and the Pivot Point. Eventually, the stock found resistance at Resistance 1 (R1).
Next, the Pivot Point offered support initially, but then the stock meandered slightly above and below the pivot point, until finally, the stock accelerated past R1 and then past R2.
The rally continued until one candlestick reached R3, where the bulls were promptly rejected

Information source:- Online trading concept.