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Thursday, May 29, 2014

Trading Strategy for 29 May 2014


Performance of 28-MAY-2014 :
INDEX/ STOCK FUT
LOT
BUY / SELL
PRICE
TARGET / STOPLOSS / EXIT
NET PROFIT IN 1 LOT (Rs.)
NIFTY
50
BUY
7343
7325
-900
BANK NIFTY
25
BUY 
15122
15170
1200
BANK NIFTY
25
SELL
15049
15025
600
TOTAL PROFIT/LOSS (Rs.)
900.00


Today Views:
        
Nifty moves in a narrow range. Be ready for big moves after narrow range breakout. It is better to wait for the Market to give clear signals.  Nifty has important support around 7133 breakdown below this level starts correction. Above 7370 is a buying opportunity.  Choppy and volatile move in market uncertainty until F&O expiry on Thursday. In present scenario there is a falling RSI. Rate cut by RBI will be next key trigger which protect market.
Nifty May’14 series expiry may be in between 7280-7370.

NIFTY FUT DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!!     NIFTY FUT 7358 (Need to hold above more than 30 Min.)
!!! INTRADAY BEAR LEVEL !!!    NIFTY FUT 7280 (Need to hold below more than 30 Min.)
BANK NIFTY FUTURE DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!! BANK NIFTY 15277 (Need to hold above more than 30 Min. )
!!! INTRADAY BEAR LEVEL !!!  BANK NIFTY 14977 (Need to hold below more than 30 Min.)

There is buying figure of FII’s in Index Future of more than SEVEN HUNDRED CRORES. FII’s sells in cash market of more than TWO HUNDRED & EIGHTY CRORES.





DAILY TREND
(Nifty Future June’14 Series)
SYMBOL
VALUE
DIRECTION
ACTION
CONCLUSION FOR POSITIONAL
5Hrs BB Middle
7371
DOWN
SELL
TOTAL BUY
TOTAL SELL
DAILY MA (10)
7311
UP
BUY
9
0
DAILY BB Middle
7081
UP
BUY
STRONG BUY

DAILY MA 20
7080
UP
BUY
DAILY MA 50
6879
UP
BUY
DAILY MA 100
6567
UP
BUY
DAILY MA 200
6304
UP
BUY
RSI (14)
74.56
UP
BUY
Bull/Bear Power(13)
205
UP
BUY
FII Index Fut.(In Crores)
+714.44
UP
BUY


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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