CONGRATULATION !!!!!! 
TO ALL MY VIEWERS ON COMPLETION OF TEN              THOUSAND VIEWS.

 The Indian market cracked in late trade to end at the lowest point of the day and with huge losses after a sell-off seen in banks (following poor Q4 earnings), IT, realty and capital goods. The Nifty closed below 5000 for the first time since January 18, 2012. Global weakness weighed on the Indian markets too as uncertainty loomed large over Europe post election results in France and Greece. Sensex shut shop at 16546, down 366 points and Nifty at 4999, down 114 points from the previous close. As Nifty Futures was down by 120 points and OI has increased by 9.43%  which signify more shorts have entered into the system today.
Nifty 5000 call oi added  1,163,700 contracts and Nifty 4900 put added 1,092,250 contracts in 


open interest.Nifty tried lot to cross 200 DMA today but failed to sustain above this is itself a


bearish sign. As per nifty EOD charts RSI and slow stochastic indicators are in favor with bears.


 secondary nifty has given two closing below 200DMA. Fii used the rise as short in 


Nifty future yesterday.AS per option open interest data From 4900 to 5200 call  total open interest


14228100 and 4900 -5200 put total open interest 18399950. still put open interest is more than 


call open interest. Long term falling trend line support is coming around 4950. This level is all 


ready indicated in earlier posts.


Now what is conclusion:- watch the 4950 level on wednesday. Nifty any close below this level 


create more panic in market.  

SUBSCRIPTION HAS BEEN OPEN NOW FOR TWO DAYS, TODAY AND TOMORROW.
                                             GRAB IT OR MISS IT

Last week the Indian market traded within a tight band for the most part until friday when the indices broke out of the narrow range and proceeded downwards breaching all important levels. The benchmark indices were at the lowest point since January end this year with infrastructure being among the top losing sectors. Last  week's performance was poor and the numbers are: Sensex down 2.1% and Nifty down 2.9%. Nifty broke its important level  and has given closing below 50 WEEK SMA. The sentiment is total bearish now and Monday move will be important session for next trend decider. Nifty 5100 call added 1,522,200 contracts and 5200 call added 1,662,450 contracts in open interest, idecating huge writings in these calls. Nifty 5000 added 1,677,650 contracts with total open interest 5,688,900. Watch monday session carefully. break below 5060 level Nifty may slip to 4950 level. As i told you in my previous post that any break below 5180 nifty may  fall sharply. You all would have been seen this in last session.
As per Nifty EOD charts all technical indicators are supporting bears. Need to be very carefully at this level. If nifty jump 30 points up on monday  shorting in nifty around 5112 is less risky than buying. 
I highly expect Nifty will come 4950 and i have all ready predicted this level earlier.

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 daily 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 read daily NIFTY X-RAY REPORT.

If you’re a serious trader with at least 50k in your trading account, we invite you to join India’s veteran trader and author of NIFTYEYES Rajesh Singh as I discusses earlier my unique new invented approach to trading. I focuses heavily o…n risk and capital management, and has discovered the unique way of simple trading which may make you crorepati in just 3.5 years. If you have been trading in fu...ture and option since 3 years and earned nothing, well this is the best place and option for you. I don’t know how many of you people want to see yourself crorepati in just 3.5 years. But its 100% true and hundreds of people are profiting every month. This time will also passed away easily and you will miss the opportunity.

After being successfull of  crorepati plan in April month  I have received more than 100 new emails requesting for subscription for crorepati plan. So I have decided to reopen the subscription for two more  days.
Subscription will start from 7/05/2012 and will end on 8/05/2012
After that there will be no subscription till 25 august 2012. This subscription is going to reopen on special request on hundreds of clients. 

please read terms and condition before subscribe.

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5. NEW SUBSCRIPTION WILL START FROM 7/5/2012 AND WILL END ON 8/5/2012.
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CLICK ON CHART FOR CLEAR VIEW

As it was expected markets lost the gap-up openings in the afternoon to close with moderate declines.I told you to don't hold any long position overnight untill unless it give close above 5325.  Auto, power and capital goods counters remained under pressure while media stocks gained significantly. Consumer durables, tech and IT, too, closed with substantial gain.  Nifty shut shop at 5239, down 9 points. The CNX Midcap index was down 0.4% while the BSE SMALL CAP index gained 0.2% in today's trade. The market breadth was negative with advances at 645 against declines of 775 on the NSE.
Today 5300 call added 802,100 contracts in open interest. 5200 put added 923,700 contracts in open interest. Nifty future decreased its open interest by 0.98%. Nifty future premium decreased from 19.70 to 7.80. As per option open interest data nifty is indicating that it will face support around 5200-5180 and resistance around 5280 level. Bull trade only  can be consider closing after 5310 level.
As per nifty chart RSI  faced resistance at 50 level. Slow stochastic indicator moved up very fast indicating very less strenth towards upside. Watch nifty carefuly on wednesday, If nifty close below 5180 this time it may touch 5050-4950 level in coming days till next week.

TRADING IN NIFTY FUTURE MAY MAKE YOU CROREPATI IN JUST 3.5 YEARS.

TRADING IN NIFTY FUTURE MAY MAKE YOU CROREPATI IN JUST 3.5 YEARS. YES THIS IS 100% PRACTICAL. ONLY 200 POINTS PER MONTH IN NIFTY FUTURE MAKE YOU CROREPATI WITH INVESTMENT OF 50000 ONLY.
JUST SEE THE PERFORMANCE  OF CROREPATI TRADING PLAN BELOW OF APRIL MONTH.
HOW IT IS SAFE AND SECURE ?  TO KNOW JUST CLICK ON THE CROREPATI PICTURE/LOGO  ON LEFT SIDE OF THIS WEBSITE.

THERE ARE SO MANY PERSON WHO BECAME CROREPATI IN JUST 3.5 YEARS IN INDIA OR  IN WORLD IN NETWORK BUSINESS, BECAUSE THEY ALL HAVE STARTED THEIR BUSINESS AT RIGHT TIME. THIS IS NOT A NETWORK BUSINESS BUT THIS IS THE RIGHT TIME AND RIGHT OPPORTUNITY FOR YOU TO BECOME CROREPATI IN JUST 3.5 YEARS.


AANE WALA TIME ME SIRF TIN (3) AISE SITUATION HO SAKTE HAIN JISME AAPKE 3.5 YEARS ME CROREPATI BANANE KE SAPNE ADHURE RAH JAAYENGE.
1.- AGAR MAI 3.5 YEARS TAK ZINDA NAA RAHA TOH AAPKE SAPNE ADHURE RAH JAAYENGE.
OR
2. AGAR AAP 3.5 YEARS TAK ZINDA NA RAHE TOH BHI AAPKE SAPNE ADHURE RAH JAYENGE.
OR
3. AGAR AAP BICH ME HI SAFAR CHOR KAR NIKAL JAAYEN YA AAPNE MERE SAATH HAATH NAHI MILAYA THO BHI AAPKE SAPNE ADHURE RAH JAAYENGE.

BAAKI AUR KOI CONDITION ISE PURA HONE SE NAHI ROK SAKTA.

PERFORMANCE OF NIFTY FUTURE CROREPATI PLAN IN APRIL

PERFORMANCE OF APRIL UNDER CROREPATI PLAN.

From : Rajesh  Singh at 12:20 PM - Apr 04, 2012 ( 26 days ago )



START YOUR TRADING JOURNEY.
SHORT NIFTY FUTURE AT 5345 REVERSE YOUR TRADE LEVEL AT 5390
From : Rajesh  Singh at 02:01 PM - Apr 10, 2012 ( 20 days ago )



BOOK PROFIT IN NIFTY FUTURE AT 5250. SHORT CALL GIVEN AT 5345
From : Rajesh  Singh at 11:41 AM - Apr 11, 2012 ( 19 days ago )


BUY NIFTY FUTURE AT 5222 TRADE REVERSAL POINT 5280 
From : Rajesh  Singh at 02:46 PM - Apr 11, 2012 ( 19 days ago )


please exit from nifty at 5252 
From : Rajesh  Singh at 08:25 AM - Apr 12, 2012 ( 19 days ago )


WE HAVE GAIN TOTAL 95+30 POINTS TILL NOW IN TWO TRADE.
NIFTY WILL FACE STRONG SUPPORT AT 5210 LEVEL AND  IT WILL BE STRONG SUSTAINING ABOVE 5250 FOR AN HOUR.
From : Rajesh  Singh at 10:24 AM - Apr 12, 2012 ( 18 days ago )


BUY NIFTY FUTURE AT 5282 STOPLOSS AT 5232 TRADE REVERSAL LEVEL 5195
From : Rajesh  Singh at 12:26 PM - Apr 13, 2012 ( 17 days ago )


BOOK PROFIT NIFTY FUTURE AT 5320
From : Rajesh  Singh at 12:50 PM - Apr 13, 2012 ( 17 days ago )


WE HAVE MADE 95+30+38= 163 POINTS TILL NOW. WE HAVE DONE THREE TRADE. ALL TRADE HAVE BOOKED PROFIT. THATS THE MAIN FEATURE OF MY NEW INVENTED TRADING SYSTEM.. WHERE GENERALLY PEOPLE LOSE 8 TIMES AND WIN 2 TIMES IN STOCK MARKET BUT YOU WILL WIN 9 TIMES AND LOSE 1 TIMES IN  MY TRADING SYSTEM.. PLEASE DON'T BE HURRY WE HAVE LOTS OF TIME TO BECOME CROREPATI.
REMEMBER WE HAVE TO GAIN 1.28 CRORE IN 3.5 YEARS. AND WE WILL DO IT EITHER YOU BELIEVE OR NOT.
THE PERSON WHO HAVE  LESS TIME PLEASE DON'T FOLLOW THIS THREAD.
From : Rajesh  Singh at 10:33 AM - Apr 16, 2012 ( 14 days ago )


SHORT NIFTY AT 5225 TRADE REVERSAL LEVEL 5265 TARGET 5190
From : Rajesh  Singh at 10:35 AM - Apr 17, 2012 ( 13 days ago )


MARKET CAN GIVE A JUMP OF 40-50 POINTS TODAY IF RBI RATE CUT HAPPEN. MODIFY YOUR STOPLOSS AT 5285. AFTER THAT ONLY DOWN FALL EXPECTED.
From : Rajesh  Singh at 02:35 PM - Apr 17, 2012 ( 13 days ago )


NIFTY SPOT 5330 LEVEL WILL BE GOOD LEVEL FOR SHORT.
SHORT NIFTY AT 5330 SPOT LEVEL AND FIX YOUR TRADE REVERSAL AT 5360 TARGET 5210-5150 FOR DOWN SIDE. AND FOR UPSIDE TARGET 5430-5500
From : Rajesh  Singh at 02:22 PM - Apr 23, 2012 ( 7 days ago )


BOOK PROFIT AT 5217
From : Rajesh  Singh at 02:28 PM - Apr 23, 2012 ( 7 days ago )


WE HAVE MADE 95+30+38= 163-60=103+135=238 POINTS TILL NOW IN THIS MONTH. OUR TARGET IS ACHEAVED FOR THIS MONTH.
ENJOYYYYYYYYYYYYYY
From : Rajesh  Singh at 08:55 AM - Apr 24, 2012 ( 7 days ago )


TODAY'S STRATAGY 24/4/12
SHORT NIFTY (MAY) FUTURE AROUND 5260. TREND REVERSAL POINT 5310 TARGET 5160-5150.
From : Rajesh  Singh at 12:13 PM - Apr 25, 2012 ( 5 days ago )


BOOK PROFIT IN MAY NIFTY FUTURE AT 5200
From : Rajesh  Singh at 12:23 PM - Apr 25, 2012 ( 5 days ago )


WE HAVE MADE 95+30+38= 163-60=103+135=238+60=298  POINTS TILL NOW. 98 POINTS PREMIUM  FROM OUR TARGET.
I HAVE TOLD YOU THAT WE CAN DOUBLE OUR INVESTMENT IN JUST 3.5 MONTHS BUT FOR OUR RISK FREE TRADE I HAVE MADE IT VERY EASY.
From : Rajesh  Singh at 02:53 PM - Apr 25, 2012 ( 5 days ago )


BUY NIFTY MAY FUTURE AT 5240 TRADE REVERSAL POINT AT 5180
From : Rajesh  Singh at 09:54 AM - Apr 27, 2012 ( 4 days ago )


please exit from nifty future at 5240 with no loss no profit.
MARKET IS STRUGGLING AROUND 5220. SHORT NIFTY FUTURE AT 5240 TRADE REVERSAL LEVEL  5290
From : Rajesh  Singh at 02:05 PM - Apr 27, 2012 ( 3 days ago )


BOOK PROFIT AT 5200 LEVEL NOW
From : Rajesh  Singh at 02:19 PM - Apr 27, 2012 ( 3 days ago )



WE HAVE MADE 95+30+38= 163-60=103+135=238+60=298 +40=338 POINTS TILL NOW. 138 POINTS BONUS. WE HAVE STILL FEW DAYS LEFT TO COMPLETE A MONTH.

SUBSCRIBE CROREPATI PLAN

BE CROREPATI IN JUST 3.5 YEARS WITH THE INVESTMENT OF 50000 IN NIFTY FUTURE.
CATCH THIS OPPORTUNITY OR MISS IT.

NIFTY X-RAY REPORT FOR 30/4/2012
NIFTY 5200 CALL ADDED 76850 CONTRACTS IN OPEN INTEREST AND 5300 CALL DECREASED -8850 CONTRACTS. 5300 PUT TOTAL OPEN INTEREST 1,801,650 AND 5300 CALL TOTAL OPEN INTEREST 3147050 CONTRACTS. IT SEEMS THAT MARKET WILL REMAIN IN SIDEWAYS AND FLACTUATE BETWEEN 5100-5300.
LETS CONSIDER CHARTS- NIFTY SLOW STOCHASTIC INDICATOR COMING INTO OVERSOLD AND OVERBOUGHT ZONE VERY SOON ONLY UNDER 200 POINTS RALLY. I EXPECT ANOTHER VOLATILE WEEK AHEAD. FIRSTLY WATCH 5220 LEVEL ON MONDAY. SUSTAINING ABOVE 5220 LEVEL FOR AN HOUR NIFTY MAY TOUCH 5260-5280 LEVEL. BULLS MAY KEEP LONG OVERNIGHT ONLY AFTER CLOSING ABOVE 5290 LEVEL.

Negative global cues pull the markets down today with both benchmark indices and all sectoral indices closing deeply in the red. Metal, realty, capital goods and tech were the worst performers in today's session and power and banking, too, lost significantly. ADAG stocks also closed with sharp declines. The Sensex closed at 17097, down 277 points from its previous close, and Nifty shut shop at 5201, down 90 points. The CNX Midcap index was down 1.5% while  the SMALL CAP index, too, lost 1.5% in today's trade. The market breadth was negative with advances at 328 against declines of 1119 on the NSE.

Nifty future closed at 5198.60 (-1.95%) OI decreased by 6.29%. Nifty fell 1.95% and open interest decreased by 6.29% means profit booking seen in short side by smart players. Nifty 5200 CE added 1673300 and 5300 CE added 1761750 contracts in open interest. Nifty 5100 PE added 978300 contracts in open interest. Slow stochastic and RSI indicator turned down on charts. As per option open interest data Nifty may touch 5135-20 within 2-3 days. 5120-5135 will act as a strong support and market may reverse from there.

Recommendation:
Buy at / above: 5230  Targets: 5250- 5265 - 5275
Stoploss : 5205Sell at / below: 5185  Targets: 5168 - 5150 - 5135 - 5112
Stoploss : 5210

NIFTY X-RAY REPORT FOR 23 APRIL.
NIFTY HAS MADE ONCE AGAIN LOWER TOP FORMATION ON CHARTS. I TOLD YOU UNTILL UNLESS IT CLOSE ABOVE 5340 BULL RALLY CANNOT BE CONFIRMED. I RECOMENDED TO SHORT NIFTY AROUND THIS LEVEL. ON FRIDAY 5300 PE  DECREASED 1084350 CONTRACTS AND 5200PE DECREASED 476750 CONTRACTS IN OPEN INTEREST . NIFTY FUTURE PREMIUM DECREASED FROM 23 POINTS TO 11 POINTS. MEANS HUGE PROFIT BOOKING SEEN IN LONG SIDE. THIS WHOLE MONTHS VOLUME WAS VERY LOW SO I DONT EXPECT ANY MAJOR FALL OR RISE IN NEXT 4 DAYS TRADING SESSION. NIFTY WILL FACE STRONG SUPPORT AROUND 5180-5135 AND IT WILL FACE STRONG RESISTANCE AROUND 5335-5340. ONLY INTRADAY TRADING IS GOOD FOR NEXT FOUR DAYS.
Recommendation:
Buy at / above: 5298  Targets: 5312 - 5325 - 5345 - 5362 Stoploss : 5274
Sell at / below: 5274  Targets: 5255 - 5240 - 5220 - 5205 Stoploss : 5294

NIFTY X-RAY REPORT FOR 16 APRIL

NIFTY X-RAY REPORT FOR 16 APRIL.
AS I TOLD YOU ON FRIDAY UNTILL UNLESS NIFTY CLOSE ABOVE 5340 BULL RALLY CANNOT BE CONFIRMED, AND I ALSO TOLD YOU THAT DON'T FRESH BUY. YOU ALL WOULD HAVE SEEN WHAT HAPPEND IN LAST HOUR.
The markets closed with significant declines this week and barring auto, FMCG and healthcare, all sectoral indices closed negative. The Sensex was down 2% and the Nifty also lost 2% during the week. The CNX Midcap index was down 2.8%, the BSE small cap was down 0.6% and the Bank Nifty closed with 0.2% loss over the week.
 Nifty 5200 CE added 374550 contracts and 5300 CE added 4634350 contracts in open interest. 5200 PE decreased -284450 and 5300PE decreased --5263000 contracts. 5100 PE added 221250 contracts in open interest. Nifty future closed at 5221.10 and open interest is up by 0.50%.
Conclusion from all data.
Further more weakness is expected but nifty strong support at 5135 spot level. Any close below 5135 we may see a down fall to 4900 level. But It seems Its chances are very low.  One can buy nifty future at 5150-5160 level with strict stoploss at 5125. Market would be volattile next week. One day fall and another day rise pattern is expected. Market move will depend on RBI reviews on 17th April. There is a 0.25% rate cut expected in market.
Trade very carefully in next week.

If you're a serious trader with at least 50k in your trading account, we invite you to join India's veteran trader and author of NIFTYEYES Rajesh Singh as he discusses earlier his unique new invented approach to trading. I focuses heavily on risk and capital management, and has discovered the unique way of simple trading which make any body crorepati in just 3.5 years. If you have been trading in future and option since 3 years and earned nothing, well this is the best place and option for you. I don't know how many of you people want to see yourself crorepati in just 3.5 years. But its 100% true and hundreds of people are profiting every month. This time will also passed away easily and you will miss the opportunity.

bank nifty

NIFTY X RAY REPORT 13 APRIL

The markets lost a significant part of its gains towards the end but still managed to close substantially higher above 13 and 34 EMA. Nifty has given bullish divergence on charts. slow stochastic ahs turned up.ADX is moving slowly towards upside. Metal, FMCG and banking supported the indices well while IT and tech pulled them down. Ahead of its results, Infosys was the biggest dampener among IT counters. Nifty shut shop at 5277, up 50 points. The CNX Midcap index closed with 0.8% gain while the BSE small cap index was up 1% in today's trade. The market breadth was positive with advances at 937 against declines of 490 on the NSE.
5200 PE added higest openterest  today with total openinterest at 6807250.5300 CE oi is decreased by 18200 contracts. huge put writing has been seen today by big and smart players. big resistance on chart. Any 2 consecutive close above 5340 nifty will fly to 5500-5600 level nonstop.
We have all ready entered in nifty, but If have not entered in nifty wait for 5340 level. certainly you will get 200 points up side.

NIFTY X- RAY REPORT FOR 12 APRIL

The Sensex closed at 17199, down 44 points from its previous close, and the Nifty shut shop at 5227, down 17 points. The CNX Midcap index closed with 0.6% loss while the BSE smallcap index was down 0.3% in today's trade. The market breadth was negative with advances at 544 against declines of 884 on the NSE. As I told you in my previous post that there  was distribution between put writers and call writers and market can be violent any time. Today's data is similar like yesterday, but chart pattern is different from yesterday. Slow stochastic indicator has fallen very sharply which is creating doubt for down move. Rate of change (Roc) indicator indicating that there is changing in rate positive side. 5200 PE added 563450 contracts in OI and 5300 CE added 909100 contracts in open interest. 5400 CE also added 683900 contracts. There is still a distributed views on nifty. Today Call writing figure is grater than put writing figure. nifty future premium increased from 18 points to 24 points.
Nifty took support continue 2 days around 5200 level and it is moving in very tight range 5190-5340 now. Data is not suggesting anything clear, but chart is suggesting A minor up move is due up to 5330-5340 levels. Any 2 consecutive close above 5340 nifty may kiss to 5500-5600 level. Only intraday trading is advisable till 5340 level.     

NIFTY X-RAY REPORT FOR 11 APRIL

 NIFTY X-RAY REPORT FOR 11 APRIL

The Sensex closed at 17244, up 22 points from its previous close, and the Nifty shut shop at 5244, up 9 points. The CNX Midcap index closed with 0.4% loss while the BSE Smallcap index was down 0.1% in today's trade. The market breadth was negative with advances at 624 against declines of 780 on the NSE. The top Nifty gainers were Tata Power, Reliance Communications, Tata Motors and Kotak Mahindra Bank while the biggest losers included BHEL, Ambuja Cements, Ranbaxy and GAIL.

A volatile session is expected ahead. 5200 call added 272550 contracts in open interest and 5200 put added 444450 contracts in open interest. 5100 put added 252450 contracts in open interest, indicating distribution at this level  around 5200. Market can turn violent any time at current situation. 5135 zone will act as a strong support zone. Nifty future open interest decreased by 2.36% Indicating less interest in short by smart money.  Around 5150 levels nifty is attractive to buy with  strict stoploss at 5110 level.

Slow stochastic indicator has fallen sharply while has not fall today, that’s indicating nifty is ready to come in oversold zone very soon.

Need to be cautious at this level. Only intraday trading is advisable for some days.

INTRAY DAY SUPPORT AND RESISTANCE LEVEL  

Resistance 1     Resistance 2     Resistance 3     Resistance 4     Resistance 5

5274.39              5292.56              5310.76              5329                 5347.26

Support 1         Support 2            Support 3           Support 4         Support 5

5220.06             5202.01              5184                    5166.01            5148.06

                                                                                                            

Recommendation:

Buy at / above: 5256.25   Targets: 5271.75 - 5289.91 - 5308.11 - 5326.33

Stoploss : 5238.14

Sell at / below: 5238.14   Targets: 5222.67 - 5204.61 - 5186.59 - 5168.59

Stoploss : 5256.25

 

NIFTY X-RAY REPORT FOR 10 APRIL

As it expected that market should reverse from 5375 level it has given very good proof today. Expect blood bath till 4900 level in coming days but it’s not a technical confirmation. Any close below 5130 will confirm this fall. After a long time FII sold 1091.98 cr in future market. FII sold today 269.43cr in equity market. Nifty future open interest decreased by 2.23%, indicating long unwinding by FIIs.

Today we have seen huge open interest build up in 5200 CE +427400 and 5300CE +710100 contracts along with decreased in both 5200PE -433200 and 5300PE -520650 contracts comparatively, indicating clearly more down side move for next session. Technically RSI and slow stochastic indicator are giving more power to bears.

Market is moving in a range since two months and gradually range is shifting below. Now market range is 5135-5400. We will see minimum 200 points fall if market break its down side range. All global clues are supporting for bears. There are lots of domestic event in our Indian market so expect volatility in coming rest of week. India vix index reversed after taking support at 20 levels which I have told you in my previous pots.
INTRADAY DAY SUPPORT AND RESISTANCE LEVELS

Resistance1    Resistance2     Resistance 3      Resistance 4       Resistance 5
5256.25            5274.39             5292.56              5310.76                5329
Support 1        Support 2          Support 3            Support 4            Support 5
5202.01           5184                  5166.01                5148.06               5130.14

Recommendation:
Buy at / above: 5238.14 Targets: 5253.62 - 5271.75 - 5289.91 - 5308.11
Stoploss : 5220.06
Sell at / below: 5220.06 Targets: 5204.61 - 5186.59 - 5168.59 - 5150.63
Stoploss : 5238.14

 

NIFTY X-RAY REPORT FOR 09 APRIL
As we discussed in our previous post that Nifty will face hurdle around 5375. It kissed and slip to 5305 and closed at 5322 level. There are no changing in technical indicators. There are a strong falling trend line resistance in Nifty daily chart, Any close above 5475 we may see a strong 200 points jump on nifty charts. Slow stochastic  has reached  in overbought zone very soon only in 4 trading session and ADX is not moving up so there may be a short term downtrend. Any close below 5280 This time will give power to bears. 5400 and 5300 put open interest has decreased and 5300 and 5400 call added open interest showing profit booking by put writers. Nifty future decreased it open interest by 5.42%. We have clearly seen profit booking in long sides.
INTRADAY SUPPORT AND RESISTANCE


Resistance1    Resistance2    Resistance3     Resistance4      Resistance 5
5347.26            5365.56           5383.89             5402.25              5420.64    
Support1        Support2           Support3          Support4            Support 5
5292.56           5274.39            5256.25            5238.14              5220.06
Recommendation:
Buy at / above: 5329 Targets: 5344.59 - 5362.87 - 5381.19 - 5399.54
Stoploss : 5310.76
Sell at / below: 5310.76 Targets: 5295.2 - 5277.02 - 5258.87 - 5240.75
Stoploss : 5329

NIFTY X-RAY REPORT FOR 04 APRIL

The markets made smart gains yesterday with consumer durables, capital goods, oil & gas and metal leading the rally. Banking, realty and power, too, made significant gains. IT, auto and healthcare closed negative. The Sensex closed at 17597, up 119 points from its previous close, and the Nifty shut shop at 5358, up 41 points. The CNX Midcap index closed with 0.7% gain while the BSE Smallcap index was up 1.1% in today's trade. The market breadth was positive with advances at 1000 against declines of 456 on the NSE. The top Nifty gainers were JP Associates, Cairn India, Hindalco and Sesa Goa while the biggest losers included Dr Reddy's, Hero MotoCorp, Maruti Suzuki and TCS.

Market faced hurddle around falling trend line level 5375. All the situation are as same as yesterday. we have see open interest buildup in 5300 put and 5400 put yesterday. Any two consecutive close above 5375 level nifty may touch 5485 level. but at current level between 5350-5420 only intraday trade.

US market vix index is around 17 level. this level is a reversal level in trend of US market. there are close of 4 days in our market so keeping position is risky. Any negetive news from world market may drag our indices down.

INTRADAY TRADING LEVEL FOR 04 APRIL

Resistance 1 Resistance 2 Resistance 3 Resistance 4 Resistance 5
5383.89       5402.25       5420.64        5439.06       5457.51    
Support 1     Support 2     Support 3    Support 4      Support 5  
5329            5310.76        5292.56       5274.39       5256.25  

Recommendation:
Buy at / above: 5365.56 Targets: 5381.19 - 5399.54 - 5417.93 - 5436.34
Stoploss : 5347.26
Sell at / below: 5347.26 Targets: 5331.66 - 5313.42 - 5295.2 - 5277.02
Stoploss : 5365.56  

MAKE 30 CRORES IN JUST 5 YEARS  WITH THE INVESTMENT OF RS.50000

I have found out a simple but superb and fantastic strategy which make anybody crorepati in just five years. Yes this is 100% true and tested and proved in even critical situation.  What is this strategy I am not going to tell you, its top secret? This strategy will work in Nifty future. Yes If anybody had started trading in Nifty with an investment of 20000 on 1/4/2005 as per this strategy, and using all the profits to continuously trading under the same strategy , due to compound effect it has become more than 30 crores by now.

This is nothing new. one of the oldest  famous strategies (is it a strategy first???)

I have conservatively considered 20% margin for nifty , and 10 points per lot per trade as expenses towards brokerage etc. 

it is a plan which will work both the times. bull or bear market.

TO READ FULL DETAILS JUST CLICK ABOVE CROREPATI BUTTON

NIFTY X-RAY REPORT FOR 03 APRIL

 The market are not able to provide any breakout and range bound trade still prevailing, but close above 50 DMA. Consumer Durables, Power, Realty, and Capital Goods and Banking are the lead gainer till now. Market breadth  was positive with advances at 1075 against decline of 380 on the NSE.
As I have been saying that market will face hurdle at 5365 level and I see maximum stretch up to 5440 level. but its chances are very low. but market is never guaranteed.5300 call added 67650 shares and 5400 call added  593100 shares in open interest today. 5300 put added 486800 shares in open interest. 5400 call has highest open interest at 4126400 will create a big barrier for nifty.
But one of the most interesting thing is that nifty 4700 Put added 1557300 shares in open interest. Is there any big game is going to happen in this month by big and smart money player? yes this secret is reserve for our V.I.PS.
Nifty moved in very tight range but its slow stochastic indicators rising  rapidly indicating that market is about to come  in overbought  zone very soon most probably in one or two trading session. India volatility charts has a strong support at around 20 level. these all indicators indicating reversal very soon. Further no positional long trading at current level. Trade only intraday for next day. There are two days leave in stock market so option premium will decrease very soon. holding option should avoided.   

What is put call ratio and implied volatility?

What is put call ratio and implied volatility?1.What is put call ratio? It is easy to define put call ratio, it is the ratio of total number of put options to call options. There are two types, volume based PCR and open interest PCR. Total trading volume is taken to calculate the Volume PCR and total open interest is taken in the case of open interest PCR.

2. What is implied volatility? Implied volatility of an option contract is defined as the volatility of underlying asset price, which is implied /indicated by the market price of that option. Simply, Nifty 5000 call option's implied volatility means the volatility of the price of nifty index, indicated by the price of 5000 call option. So Implied volatility is the relative rate at which price of the nifty/stock changes with reference to that particular strike price Different strikes will be having different implied volatility numbers. Implied volatility is a main part of option pricing. Premium of an option consist of intrinsic value and time value.

What is intrinsic value?

Simple, if Nifty is trading at 5000 and 4900 call costs 150 Rupees, then 5000- 4900 =100 is the intrinsic value and rest of 50 is the time value. When implied volatility is high, there is higher possibility for a good trend/ price movement. It can also be called as expected volatility till the contract expires. There will be increase in implied volatility, when market is expecting for something, like any economic event/ important results etc. hence it will also reflect in the price of option.

Means if 5000 call is trading at 150 Rs at 30 % implied volatility, When that "expectation is over" and guess Implied volatility comes down to 15 % , option price will fall to 75 RS (imagine there is no change in Nifty index price). Hence implied volatility is a very important factor in option pricing and option trader need to be cautious about changes in Implied volatility. Bear market will be having higher implied volatility than the bull market, because falling prices makes people more emotional than the rising price.

OTHER DEFINATION

The definition of Put-Call Ratio (PCR) is as follows:
The ratio of the volume of put options traded to the volume of call options traded, which is used as an indicator of investor sentiment (bullish or bearish).
1 group of thought says that a high PCR means more number of Puts have been written and markets should go ahead. Another school of thought says the converse.
Lets go by the data in hand for past 1 year.The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.
I have marked in black the instances where the PCR was above 1.2. At this point of time, the market remains flat for a day or 2 by which time the PCR comes down to lower level or the market tanks.

1. Which option should you buy? with high iv or low iv?

2. how will you consider that iv is extreamly high or low?

While knowing the effect volatility has on option price behavior can help cushion against losses, it can also add a nice bonus to trades that are winning. The trick is to understand the price-volatility dynamic - the historical relationship between directional changes of the underlying and directional changes in volatility. Fortunately, this relationship in equity markets is easy to understand and quite reliable. (To lean more on price volatility, check out Price Volatility Vs. Leverage.)
The Price-Volatility Relationship
A price chart of the S&P CNX NIFTY and the implied volatility index (VIX) for options that trade on the S&P CNX NIFTY shows there is an inverse relationship. As Figure 1 demonstrates, when the price of the S&P CNX NIFTY (top plot) is moving lower, implied volatility (lower plot) is moving higher, and vice versa. (Charts are an essential tool for tracking the markets. Learn about the chart that many investors use to interpret volatility and place well-timed trades; read Range Bar Charts: A Different View Of The Markets.)
Figure 1: S&P CNX NIFTY daily price chart and implied volatility (VIX) daily price chart. Price and VIX move inversely. Buying calls at market bottoms, for example, amounts to paying very rich premiums (loaded with implied volatility) that can evaporate as market fears subside with market upturns. This often undermines call buyers' profit performance.
The Impacts of Price and Volatility Changes on Options
The table below summarizes the important dynamics of this relationship, indicating with "+" and "-" signs how movement in the underlying and associated movement in implied volatility (IV) each impacts the four types of outright positions. For example, there are two positions that have "+/+" in a particular condition, which means they experience positive impact from both price and volatility changes, making these positions ideal in that condition: Long puts are affected positively from a fall in S&P CNX NIFY but also from the corresponding rise in implied volatility, and short puts receive a positive impact from both price and volatility with a rise in the S&P CNX NIFTY corresponding to a fall in implied volatility. (Learn the effect volatility has on option prices. Check out The Price-Volatility Relationship: Avoiding Negative Surprises.)
Table below Impact of price and volatility changes on long and short option positions. A “+” mark indicates positive impact and a “-“ mark indicates a detrimental impact. Those marked with "+/+" indicate the ideal position for the given market condition.
But in the opposite to their "ideal" conditions, the long put and short put experience the worst possible combination of effects, marked by "-/-". The positions showing a mixed combination ("+/-" or "-/+") receive a mixed impact, meaning price movement and changes in implied volatility work in a contradictory fashion. Here is where you find your volatility surprises.

Remember from The Table that a long call suffers from a fall in implied volatility, even though it profits from a rise in price (indicated by "+/-"). AND table below shows that the VIX levels plunge as the market moves higher: Fear is abating, reflected in a declining VIX, leading to falling premium levels, even though rising prices is lifting call premium prices. Due to website address written on chart i am not posting chart here. you may see chart on website.

PRICE VILATILITY DYNAMIC PRICE VOLATILITY DYNAMIC

POSITION       RISE IN NIFTY/FALL IN IV             FALL IN NIFTY/ RISE IN IV

LONG CALLS         +/-                                                          -/+

LONG PUTS           -/-                                                            +/+

SHORT CALLS      -/+                                                             +/-

SHORT PUTS         +/+                                                            -/-

Long Calls at Market Bottoms Are "Expensive"
In the example above, the market-bottom call buyer ends up purchasing very "expensive" options that in effect have already priced-in an upward market move. The premium can decline dramatically due to the falling levels of implied volatility, counteracting the positive impact of a rise in price, leaving the unsuspecting call buyer miffed over why the price did not appreciate as anticipated.

The Bottom Line
Even if you correctly forecast a market rebound and attempt to profit by buying an option, you may not receive the profits you were expecting. The fall in implied volatility at market rebounds can cause negative surprises by counteracting the positive impact of a rise in price. On the other hand, buying puts at market tops has the potential to provide some positive surprises as falling prices push implied volatility levels higher, adding additional potential profit to a long put bought very "cheaply." Being aware of the price-volatility dynamic and its relation to your option position can significantly affect your trading performance.Using Implied Volatility to Determine Strategy
You've probably heard that you should buy undervalued options and sell overvalued options. While this process is not as easy as it sounds, it is a great methodology to follow when selecting an appropriate option strategy. Your ability to properly evaluate and forecast implied volatility will make the process of buying cheap options and selling expensive options that much easier.

When forecasting implied volatility, there are four things to consider:

Make sure you can determine whether implied volatility is high or low and whether it is rising or falling. Remember, as implied volatility increases, option premiums become more expensive. As implied volatility decreases, options become less expensive. As implied volatility reaches extreme highs or lows, it is likely to revert back to its mean.

If you come across options that yield expensive premiums due to high implied volatility, understand that there is a reason. Check the news to see what caused such high company expectations and high demand for the options. It is not uncommon to see implied volatility plateau ahead of earnings announcements, merger and acquisition rumors, product approvals and other news events. Because this is when a lot of price movement takes place, the demand to participate in such events will drive option prices price higher. Keep in mind that after the market-anticipated event occurs, implied volatility will collapse and revert back to its mean.

When you see options trading with high implied volatility levels, consider selling strategies. As option premiums become relatively expensive, they are less attractive to purchase and more desirable to sell. Such strategies include covered calls, naked puts, short straddles and credit spreads. By contrast, there will be times when you discover relatively cheap options, such as when implied volatility is trading at or near relative to historical lows. Many option investors use this opportunity to purchase long-dated options and look to hold them through a forecasted volatility increase.

When you discover options that are trading with low implied volatility levels, consider buying strategies. With relatively cheap time premiums, options are more attractive to purchase and less desirable to sell. Such strategies include buying calls, puts, long straddles and debit spreads.
Conclusion

In the process of selecting strategies, expiration months or strike price, you should gauge the impact that implied volatility has on these trading decisions to make better choices. You should also make use of a few simple volatility forecasting concepts. This knowledge can help you avoid buying overpriced options and avoid selling under priced ones. 

This article is taken from www.nsetopper.com for educational purpose. 

NIFTY X-RAY REPORT FOR 02 APRIL

 NIFTY closed at 5293.
As I told you that nifty will give respect at least on 200 DMA one time and it should not fall directly. It reversed smartly from around 200 DMA and closed at 5293 level. 
As per slow stochastic indicator, S&P CNX NIFTY was in over sold level. However, recent price moves on 30/03/2012 indicates trend reversal and stock may rise upto 5365 in near future. Why 5365 level only why not 5400-5500-5600 again. Yes my dear there is a reason behind this. 5365 is a 61.8% retresment level and option data is in favoring with this level.  
Bullish gap up Candlestick pattern has formed on S&P CNX NIFTY  chart on 30/03/2012
 But now the question is that will this rally be continue. As per chart it is showing trend reversal of last six week falling trend, but data is indicating something. Until unless Nifty close above 5440 rally cannot be confirmed. RSI has given a breakout on its falling trend line, nifty can move up in near term. Further  I see stretch up to 5365 in Nifty. Maximum stretch  up to 5440. Investors should be alert around 5365 level and there will be no trading zone between 5365-5440 level. From  there a fall upto 4950-4900 is much awaited on charts. 
yesterday  5300 CE added 101750 shares in open interest and 5300 PE added 666700 shares in open interest.  will create a resistance for nifty. When market was open on Friday in morning 5300 CE IV was greater than 5300 PE IV, but at the end of session 5300 PE IV was greater than CE IV.
Highest open interest seen in  5000PE and 5400 CE Indicating a trading range for April session. INDIA volatility index chart suggesting the same expected range for April session.
According to current local political situation market will be volatile again like march series.
Fii activity in equity market +962.65cr
Fii activity in future market -500.67cr
Dii activity in equity market -167.32cr
 SEE THE CHART BELOW FOR CONFIRMATION

NIFTY XRAY REPORT FOR 30 MARCH

 NIFTY X-RAY REPORT FOR 30 MARCH

AS PER NIFTY EOD CHARTS IT HAS BEEN FALLING CONTINUES SIX WEEK AND FORMED SIX RED CANDLESTICK PATTERN, WHICH WAS NOT HAPPENED IN EVEN BEAR MARKET LAST YEAR. FURTHER SHORT TERM TREND IS DOWN AND I THINK IT WILL TOUCH 4950-5000 LEVEL VERY SOON. THERE ARE THREE- FOUR TECHNICAL REASON FOR THIS FALL.
1.- DAILY TREND LINE SUPPORT
2.-WEEKLY TRENDLINE SUPPORT
3.-MONTHLY TREND LINE SUPPORT
4.NIFTY 61% RETRACMENT LEVEL
THESE ALL LEVELS ARE COMING AROUND 4950. BUT QUESTION IS THAT WILL NIFTY FALL STRAIGHT WITHOUT GIVING RESPECT TO 200 DMA. YES IT MAY BE OR MAY NOT BE, BOTH ARE POSSIBLE.
NOW  LETS CONSIDER OPTION DATA.
TODAY 5000 PE ADDED HIGEST OPEN INTEREST AND 5400 CALL ADDED HIGEST OPEN INTEREST. 5200 PE OI  IS 3763050 ADDED 540400 NEW CONTRACTS AND 5200 CE ADDED 571950 NEW CONTRACTS TODAY WITH TOTAL OI 2028350. 5200 CE  IV IS 24.87 AND 5200 PE IV IS 22.40. CURRENTLY 5200 CALL IV IS GREATER THAN 5200 PE IV.THIS DATA IS INDICATING THAT MARKET MAY REVERSE ABOVE 5200 IN NEAR TERM AFTER TESTING TODAY LOW OR 200 DMA.
PUT CALL RATIO IS AT 1.08
THERE IS A CHANCE OF RECOVERY FROM CURRENT LEVEL  TILL 5300-5330-5360.  BUT MARKET WILL MUST COME AROUND 4950-4900 LEVEL IN APRIL. WATCH TOMORROW MARKET MUST BE CLOSE ABOVE 5220 TOMORROW FOR UP MOVE. BUT ANY CLOSE BELOW 5130 IT MAY KISS 5080 LEVEL WHICH IS ALSO 50% RETRENCHMENT  LEVEL.

NIFTY MARCH EXPIRY EXPECTED EITHER AT 5135 OR 5235. BUT NIFTY SHOULD MUST CLOSE ABOVE 5217 LEVEL TILL TOMORROW MONTHLY CLOSING FOR BULLISH TREND. NIFTY HAS FORMED 6 CONTINUES RED CANDLE ON EOD CHARTS WHICH
HAS NOT HAPPEN IN BEAR MARKET TREND LAST YEAR. SO A SHORT TERM UP WARDS MOVE IS EXPECTED UP TO 5330. ANOTHER THING IS THAT NIFTY WILL GIVE RESPECT AT LEAST ONE TIME AT 200 DMA. IF NOT STRAIGHT FALL UP TO 4950.

NIFTY X-RAY REPORT

AS PER NIFTY CHARTS ANALYSIS IT IS SHORT AND MEDIUM TERM DOWN TREND. NIFTY IS MAKING DOWN TREND EVERYDAY. WHERE THIS FALL WILL STOP. IF WE CONSIDER ALL THREE DAILY, WEEKLY AND MONTHLY CHARTS STRONG TREND LINE SUPPORT AROUND 4900. NOW LETS CONSIDER THE NIFTY NATURE IN PREVIOUS YEAR. YOU WILL FIND THAT NIFTY HAS FALLEN OR RISEN ALMOST 60-70%. NIFTY UP TREND STARTED 4535 TO 5635. 1100 POINTS RALLY. 60% FALL WILL COME AROUND 4940. NOW SEE THE ALL CHARTS BELOW ALL THREE CHARTS TREND LINE SUPPORT IS AROUND 4940 LEVEL.
NOW LETS CONSIDER OPTION OPEN INTEREST DATA. ACCORDIND TO APRIL OPTION OPEN INTEREST DATA IT IS ALSO SUGGESTING RANGE BETWEEN 4900-5400.
BOTH LEVEL WILL ACHEAVE IN APRIL.

monthly trend

weekly trend

What is open interest?

What is open interest in the futures and options segment?
Open interest is the total number of outstanding futures and options (F&O ) contracts at any point in time. In other words, these are open or yet to be settled contracts. For instance, if trader X buys 2 futures contract from trader Y(who is the seller), then open interest rises by 2. 

If another trader A buys 2 futures contracts from trader B, then the open interest rises to 4. Now, if trader X unwinds his position and the counter party is either Y or B, then the open interest in the system will reduce by that quantity.
But if X unwinds his position, and the counter party is a new entrant, say C, then the open interest will remain unchanged. This is because while X has squared off his position, C's position is still open. The level of outstanding positions in the derivatives segment is one of the parameters widely tracked by the market.
How can one interpret open interest data?
While open interest shows the total number of outstanding contracts, the data is not much of use, if looked at on a standalone basis. In the futures segment, open interest data need to be read along with price changes in the futures contract.
A rise in open interest in a futures contract along with its price indicates bullishness, which means investors are creating long positions. Investors may benchmark the price changes in the futures contract to the underlying (the cash market).
For instance, on Monday, if Nifty futures closes at 3000 and S&P Nifty at 3025, then it is said Nifty futures are trading at a 25-point discount to the cash market index. Let's assume that open interest in the Nifty futures contract on Monday was 1 crore units. Now, on Tuesday, if Nifty futures closes at 3050, S&P Nifty at 3060 (discount reduces to 10 points) and open interest rises to 1.25 crore, then it means, investors have created long positions.
In another scenario, if open interest in the contract rises, but price falls, then it indicates that investors are cautious or bearish. In short, investors are creating short positions. Now, in case open interest in the futures contract falls, but its price moves up, it indicates a bullish trend. This situation is a result of covering of short positions. In another scenario where there is a fall in open interest and price too, analysts read it as a bearish signal, as investors are liquidating their long positions .
The above example can be used in these scenarios too. In the options segment, a change in open interest in put or call options enables traders calculate the put call ratio (PCR) — a popular sentiment indicators of options traders worldwide, which is the number of puts divided by the number of calls.
Is open interest the same as trading volumes?
Open interest should not be mistaken for volumes, which is the total number of contracts that have been traded in a trading session. Higher the number of trades in a session, more will the volumes swell, unlike open interest, which drops if a contract is liquidated. Usually, traders use volumes data along with open interest data and prices to derive a more concrete view on the market. 

Why do traders get nervous when open interest is higher-than-average , when the market is also at record highs?
Many experienced traders perceive an abnormally high open interest in a rising market as a warning that there could be a reversal in the bullish trend. This is because several of the weaker traders in the market, who had jumped on to the bandwagon when the market was rising , could square up positions at the slightest signs of correction, thereby sparking a self-feeding fall.

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NIFTY X-RAY REPORT FOR 28 MARCH

NIFTY X-RAY REPORT FOR 28 MARCH
NIFTY CLOSED AT 5243.15(1.14%)UP
5100 CE OI DECREASED BY 265550 TOTAL OI 1380900
5200 CE OI DECREASED BY 322650 TOTAL OI 5383950
5300 CE OI DECREASED BY 830850 TOTAL OI 5357200
5200 PE OI ADDED 811550 SHARES TOTAL OI 7214800
5300 PE OI ADDED 597050 SHARES TOTAL OI 4192500

A very volatile trading session and finally nifty took support around 5200 and closed almost 50 points up. nifty future was up by 60 points yesterday and open interest was also increased by 70131 contracts indicating shorts were covered yesterday and long buildup seen in option.
5200 pe and 5300 pe open interest seen huge open interest seen huge addition and open interest decreased in 5100,5200 and, 5300 call indicating shorts were covered yesterday. As per EOD charts slow stochastic nifty is in over sold and RSI has turned up. Nifty has formed dojji and bullish harami pattern on charts which is indicating it may rise in near term.
If nifty sustain today 5272 it may touch 5320 and 5380 level. I expect expirey between these levels.
===================================================================
swing indicators
5D    SELL AT 5257 REVERSAL 5386
10D  SELL AT 5184 REVERSAL 5499
20D SELL AT 5222 REVERSAL 5499
==============================
INTRADAY SUPPORT AND RESISTANCE LEVEL
S2-5141/S1-5192/PIVOT-5235/R1-5285/5328

A Simple Mechanical Trading System for a Positional Trader
Many traders have asked me how to design a simple trading system to trade mechanically Nifty Futures or Stock Futures. Though I am following a different type of wave analysis and I am not following any mechanical trading system, I have found this particular system useful for positional trading.

Moving Average Convergence and Divergence (MACD) signals generated in intraday one hour charts are catching almost all the market turns. The parameters are 26 EMA and 12 EMA and a 9 EMA signal line. The buy or sell signal generated by this MACD is giving more number of profitable trades than any other mechanical system.


Unlike momentum indicators like ROC or RSI or Stochastics, which is based on momentum of the Market, MACD is based on Exponential Moving Average Cross over of the fast one over the slower one. So this signal generation is based on the price movement itself.


The advantage of this system is you no need do complex analysis on the movement of the scrip to predict the future course of the market. Buy and sell signal will be generated automatically using this formula. It will be useful in trending or stagnant Market.


The main disadvantage of this system is, it doesn’t predict the direction of the market. This system will not let you aware of any big moves that are waiting to take place. Some times you may get trapped in the wild swings of the market. But this type of wild swings will not happen very often in the market.


Just do apply on intraday one our charts.