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Tuesday, May 6, 2014

Trading Strategy for 06 May 2014



Performance of 05-MAY-2014 :

INDEX/ STOCK FUT
LOT
BUY / SELL
PRICE
TARGET / STOPLOSS / EXIT
NET PROFIT IN 5 LOT (Rs.)
NIFTY
50
BUY
6766
6771
1250
NIFTY
50
SELL
6715
6732
-4250
BANK NIFTY
25
BUY
13032
13074
5250
CENTURY TEXTILE
1000
BUY
367
403
180000
JSW STEEL
250
BUY
1105
1118
16250
TOTAL PROFIT/LOSS (Rs.)
1,98,500

Today Views:

There is a Selling pressure by FII’s is on hold and a buying figure of more than Eighty Crores in Index Future. FII continues its buying in cash market for a long term view. Index remains inside trading range of 7000-6500. For Today in Nifty Future 6675 is a major support area where as Intraday resistance comes to 6810.  Trader should need to maintain a strict stop loss of 6810 of their existing short positions. Market may remain choppy move in coming days.

IMPORTANT INFORMATION ABOUT OUR BLOG

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All Index and Stock call will be posted freely only on www.niftydirect.wix.com/home 


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  www.niftydirect.wix.com/home, Column: Today's Views



DAILY TREND
(Nifty Future May’14 Series)
SYMBOL
VALUE
DIRECTION
ACTION
CONCLUSION
5Hrs BB Middle
6767
DOWN
SELL
TOTAL BUY
TOTAL SELL
DAILY MA (10)
6797
DOWN
SELL
4
5
DAILY BB Middle
6796
DOWN
SELL
NEUTRAL
LONG ABOVE 6800
DAILY MA 20
6796
DOWN
SELL
DAILY MA 50
6645
UP
BUY
DAILY MA 100
6425
UP
BUY
DAILY MA 200
6183
UP
BUY
RSI (14)
47.36
NEUTRAL
NEUTRAL
MACD (12,26)
-6.39
DOWN
SELL
FII Index Fut.
+86
UP
BUY
 Put Call Ration:
0.92
SGX NIFTY
6745 (+25)
US MARKET DOW
16,530.55 (+0.11%)
FTSE 100 (ENGLAND)
6822.42 (+0.20%)
DAX (GERMANY)
9520.50 (-0.28%)
Asian Market
Mix

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
RESERVED FOR MATERIAL ON THIS BLOG.

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