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Monday, June 23, 2014

Trading Strategy for 23 June 2014


Performance of 20-June-2014 :
INDEX/ STOCK FUT
LOT
BUY / SELL
PRICE
TARGET / STOPLOSS / EXIT
NET PROFIT IN 1 LOT (Rs.)
NIFTY
50
SELL
7539
7557
-900
BANK NIFTY
25
SELL
15048
15099
-1275
TOTAL PROFIT/LOSS (Rs.)
-2,175.00


Today Views:
We are going under a major contraction after an up move from 6600 to 7700. Volatile & choppy moves may continue for few more days as in this time being market is direction less & global uncertainty. Better to wait for a clear direction. If Nifty slips below 7444 level decisively then next support is at 7200 which is strong support for near term.

IN FAVORS OF BULL
SL. NO.
BULL SIGN.
01. 
Daily Moving average(20) of Nifty Future: 7496
02. 
FII’s Activity in Stock Future (+68.87 Crores)
03. 
FII’s Activity in Index Future ( +41.2 Crores)

IN FAVORS OF BEAR
SL. NO.
BEAR SIGN.
01. 
Nifty Fut. Below 7611, So Buy Initiated only @ 7611
02. 
RSI (14) in Down ward direction: 58
03. 
FII’s Activity in Cash Segment (-220.65 Crores)


NIFTY FUT DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!!     NIFTY FUT 7566 (Need to hold above more than 30 Min.)
!!! INTRADAY BEAR LEVEL !!!    NIFTY FUT 7488 (Need to hold below more than 30 Min.)
BANK NIFTY FUTURE DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!! BANK NIFTY 15166 (Need to hold above more than 30 Min. )
!!! INTRADAY BEAR LEVEL !!!  BANK NIFTY 15922 (Need to hold below more than 30 Min.)

Positional Call: Now we wait for range breakout in nifty. 7688-7444. Better to wait for this range because lot of volatility within this range in Nifty. Till then only Intraday.

For Intraday Buy & Sell with Stop Loss and Target of Index & Stocks (Click here)



DAILY TREND
(Nifty Future June’14 Series)
SYMBOL
VALUE
DIRECTION
ACTION
CONCLUSION FOR POSITIONAL
Dynamic Level
7580
DOWN
SELL
TOTAL BUY
TOTAL SELL
DAILY MA (10)
7607
DOWN
SELL
7
3
DAILY BB Middle
7497
UP
BUY
STRONG BUY

DAILY MA 20
7496
UP
BUY
DAILY MA 50
7157
UP
BUY
DAILY MA 100
6784
UP
BUY
DAILY MA 200
6472
UP
BUY
RSI (14)
58
UP
BUY
Bull/Bear Power(13)
2.12
UP
BUY
FII Index Fut.(In Crores)
+41.2
DOWN
SELL


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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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