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Friday, May 23, 2014

Trading Strategy for 23 May 2014



Performance of 22-MAY-2014 :
INDEX/ STOCK FUT
LOT
BUY / SELL
PRICE
TARGET / STOPLOSS / EXIT
NET PROFIT IN 1 LOT (Rs.)
NIFTY
50
BUY 
7324
7306
-900
BANK NIFTY
25
BUY
15122
15209
2175
APOLLO TYRE
2000
BUY
186
188
4000
M&M
250
BUY
1167
1137
-7500
COAL INDIA
1000
BUY
391
400
9000
TOTAL PROFIT/LOSS (Rs.)
6,775.00


Today Views:
        
Nifty Consolidate and Bank Nifty Rallies. Big news event may come next week, so avoid taking short position now. There is a buying opportunity of range breakout in Nifty.
NIFTY FUT DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!!     NIFTY FUT 7339 (Need to hold above more than 30 Min.)
!!! INTRADAY BEAR LEVEL !!!    NIFTY FUT 7255 (Need to hold below more than 30 Min.)
BANK NIFTY FUTURE DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!! BANK NIFTY 15337 (Need to hold above more than 30 Min. )
!!! INTRADAY BEAR LEVEL !!!  BANK NIFTY 15063 (Need to hold below more than 30 Min.)

There is buying figure of FII’s in Index Future of more than THREE HUNDRED AND NINETY CRORES. FII pause its buying in cash market and sell more than TWO HUNDRED AND NINETY CRORES. Trader should need to maintain a strict stop loss of 7180 of their existing long positions. Nifty may face major hurdle of 7500.  In view of Portfolio allotment to Ministers Market see some upside. 
  




DAILY TREND
(Nifty Future May’14 Series)
SYMBOL
VALUE
DIRECTION
ACTION
CONCLUSION FOR POSITIONAL
5Hrs BB Middle
7241
UP
BUY
TOTAL BUY
TOTAL SELL
DAILY MA (10)
7175
UP
BUY
9
0
DAILY BB Middle
6962
UP
BUY
STRONG BUY
WITH STOP LOSS 7180
DAILY MA 20
6938
UP
BUY
DAILY MA 50
6818
UP
BUY
DAILY MA 100
6526
UP
BUY
DAILY MA 200
6275
UP
BUY
RSI (14)
79.18
Neutral
OVERBOUGHT
Bull/Bear Power(13)
361
UP
BUY
FII Index Fut.(In Crores)
+394.85
UP
BUY

No comments:

OPEN INTEREST IN NIFTY (CALL/PUT)

OPEN INTEREST IN NIFTY (CALL/PUT)

INDIA VIX

INDIA VIX
A falling VIX means that there is lower uncertainty and market confidence is high and most of the time direction of trend is clear. A rising VIX shows there is a lot of uncertainty in the markets and price action is expected to be very volatile or sensitive in the coming days. I will recommend to trade only when the VIX is moving lower and a level below 20 is ok for trading. But if the VIX goes above 20 it means the chances of reversal in the short term trend is very high and large sudden moves could be expected.

FII Activity

FII Activity

FII’s & DIIs Activity

FII’s Activity

FII’s Activity 05-August-2014

Cash Segment (Provisional):

FII’s

+52.85 Crores

DII’s

+62.22 Crores

Derivative Segment (Provisional)

Index Futures

-201.35 Crores

Index Options

+665.73 Crores

Stock Futures

+108.16 Crores

Stock Options

+14.91 Crores

Data is taken from the NSE website.

DISCLAIMER

The information given here is solely for technical purpose and is no where an invitation to undertake trades based on the information. Stock trading is risky. Please consult your financial advisor before undertaking any trading based on the information. The blog owner will not be held responsible for any losses suffered due to usage of information.

The data posted on the blog may be incorrect or wrong. The blog owner will not be held responsible for any losses suffered due to usage of data or information. Usage of the blog information confirms that the user has read disclaimer. The blog owner or his clients may or may not be holding the said shares as discussed in the blog post.@ ALL RIGHTS
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