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Tuesday, June 24, 2014

Trading Strategy for 24 June 2014


Performance of 23-June-2014 :
INDEX/ STOCK FUT
LOT
BUY / SELL
PRICE
TARGET / STOPLOSS / EXIT
NET PROFIT IN 1 LOT (Rs.)
NIFTY
50
SELL
7539
7472
3350
BANK NIFTY
25
BUY  
15155
15191
900
BANK NIFTY
25
SELL
15045
15096
-1275
TOTAL PROFIT/LOSS (Rs.)
2,975.00


Today Views:
Market continually traded in its trading range.  Use trading range breakout of 7444-7566 as a trading opportunity. Rail fair hike & Sugar Import duty raised by 40%  is another positive step to strengthen Indian Economy.

IN FAVORS OF BULL
SL. NO.
BULL SIGN.
01. 
Daily Moving average(20) of Nifty Future: 7488

IN FAVORS OF BEAR
SL. NO.
BEAR SIGN.
01. 
Nifty Fut. Below 7566, So Buy Initiated only @ 7566
02. 
RSI (14) in Down ward direction: 58
03. 
FII’s Activity in Cash Segment (-214.49 Crores)
04. 
FII’s Activity in Stock Future (-457.44 Crores)
05. 
FII’s Activity in Index Future ( -15.28 Crores)


NIFTY FUT DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!!     NIFTY FUT 7533 (Need to hold above more than 30 Min.)
!!! INTRADAY BEAR LEVEL !!!    NIFTY FUT 7444 (Need to hold below more than 30 Min.)
BANK NIFTY FUTURE DYNAMIC LEVEL
!!! INTRADAY BULL LEVEL !!! BANK NIFTY 15288 (Need to hold above more than 30 Min. )
!!! INTRADAY BEAR LEVEL !!!  BANK NIFTY 15044 (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 July’14 Series)
SYMBOL
VALUE
DIRECTION
ACTION
CONCLUSION FOR POSITIONAL
Dynamic Level
7557
DOWN
SELL
TOTAL BUY
TOTAL SELL
DAILY MA (10)
7612
UP
BUY
7
3
DAILY BB Middle
7513
UP
BUY
STRONG BUY

DAILY MA 20
7513
UP
BUY
DAILY MA 50
7175
UP
BUY
DAILY MA 100
6802
UP
BUY
DAILY MA 200
6481
UP
BUY
RSI (14)
58
UP
BUY
Bull/Bear Power(13)
-34.44
DOWN
SELL
FII Index Fut.(In Crores)
-15.28
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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