20112015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.


NF DP

NF BB

AXIS BANK

TATA STEEL

TATA MOTORS

YES BANK

BNF

04112015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.

NF DP

NF BB

NF DPBB

NF 8000 PE DP

NF 8100 CE DP

29102015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.


Nifty Nov DP chart

Nifty Nov8100 PE DP chart

Nifty Nov8200 CE DP chart

Nifty opened gap down.Initially PDL was broken but not convinced to short as there was only second candle was big green after breaking PDL.
Then there was BOF of PDL ...Initiated long in Nov 8200 CE @ 10.50 candle (131.70) but scratched it @ 11.6 candle (135.15)as momentum was not much forceful.
Then there was a narrow range in NF..but it breaks PDL @ 12.36 candle at same time candle on initiated long in NF Nov8100PE (113.65)...Due to power off and not having enough battery backup squared off it @ 1.00 candle (120.75)
Over all a good day.

09102015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.

DP chart

BB chart

Confluence DP- BB

NF opened gap up. If we think On DP, IRL and IRH was formed in first 2 candles. On BB opening was out of BB suggesting exaution but got whipsaw. Thanks to time taken to take trade otherwise there would have been SL. Then BB expanded and made new high, but while developing price didn't get any signal. It got on BB @ new high.Then as shown on chart all clues -BB, DP, R2- shown only to short.
After that there was smooth journey except small hesitation near PDH and BRN. Those who waited for BRN to break or to get R1 to be tested might have got whole journey up to PDC.
On PDC only one candle which shows BOF signal was having tail and same time out of BB. There was a good signal to go long. Exit was must @ and in between 8182 -8172.
Then on beak of 8178 again there was buy signal and on downmove gap was filled entirely and it seemed overextended. This was enough to initiate trade, only problem was SL was deep @ PDC - some 20 points away. It rallied well.

01102015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.

Nifty gape up today but failed to sustain above BRN....Shown trading opportunity on charts in hindsight......


Now see how trade execution can be filtered with the help of Bollinger Band as well as Pivot and S1 .. R1....

Here is the chart

And finally confluence of DP, BB and Pivot

30092015

I am not SEBI registered technical analyst. What I am putting here is for educational purpose only.

Nifty opened gap and then broken BRN. I have put signals on charts on hindsights.....

07082014

Nf was GAP DOWN.....Open 7679.80..Low..7670.o5

1st trade...BOF of PDL...@7679...

Profit Booked @ 7708...7709 is PIVOT...

2nd trade....BOF of BRN followed by PDC...7696....sl..7704..1 point above BOF of PDC bar high

Nifty....S....6085/6055/6027....R.....6100/6115/6140

Nifty is overslod, but at the same time last week as well as last day of the last month close suggest technically negative on those larger time frame.If it is turning positive on oversold basis it has to turn positive on DAILY basis by closing above 6125 at least. Holding earlier low 6027 is also positive sign.

Happy Neww Year

Intraday Update 1

As expected there was not threat to 6100 psychological level since the opening of the market. Taken long @ ORB as well as PIVOT point @ 6178. Now RBI has given positive surprise to market. So NS might heading towards 6300. Will review there long position.Today will watch NS 6175 if gone there in remaining session. (chances are remote.)

Trade Sheet

Nifty.....S....6133/6120/6100....R....6154/6175/6200

Nifty closed below 61.8 % level (6142). Bounce got sold and made new low. It was expected as the trend is DOWN. But looking at oversold status and 6100 psychological level fall may get pause in a day or two. Tomorrow weekly close below 6105 (weekly LEMA) will signal negative with downward momentum strong on medium time frame. Today being event day (RBI credit policy)volatility expected. Today close above 6177/6187 will signal downward momentum getting weak.

Trade Sheet

Nifty....S....6142/6130....R......6161/6175/6200/6210

Nifty as said gone towards 6142 but this important number protected well for twice.Yesterday low was 6146. Niufty is oversold and there were 5 red candles in a row, so bounce for intraday or for intraweek is expected.Today close above 6198 will PAUSE this downward journey. On upper side 6210/6245 is area to reenter in short position.

Intraday Update...2

Earlier long booked @ 6195 as it ws not sustaining above PIVOT 6179 NS.
Now again long @ 6181 NF

Intraday Update...1

Nifty as said heading towards 6142..low is 6153..S1 is 6150.
Covered short position and taken long @ 6180 NF.Now will see whether we gets ORB up (6194).SL is day low.

Nifty.....R..6179/6200/6240....S....6150/6130/6100

Nifty closed below 50 % retracement level (6194) of the rise from 5973 to 6415, now towards 6142 which is 61.8 % retracement of the same leg.It is oversold, but at the same time with WEEKLY sell on rise signal.One should manage bounce or re-enter short to get the benefit of latest signal.

Intraday Update 2

NF...not breaking 6200 . ..2 attempts failed...6200 PE ..OI not much shedding

NF if trades above 6220 then will review short position

Intraday Update 1

NF ...ORB range was 6211/6234.....now 6211 broken...6194 as well as 6185 50 % retrace and WEEKLY 5EMA no. also brokem...short position maintaining
Will review @ ns 6142. On upper side 6208 IMP.

Nifty...S.....6200/6194/6142...R...6250/6270

Yesterday too NIFTY closed with red color.As said earlier 6400 is strong resistance.Now resistance set at 6300.OI in 6300 CE are increasing at the same time support is at 6200. OI in 6200 PE are increasing, but if it breaks decisively then 6000 is the support. 6194 and 6142 are the 50 and 61 % levels of rally from 5973 to 6415.
Monthly is SELL ON RISE with last month close below MONTH HEMA. WEEKLY is positive with last WEEKLY close above WHEMA. DAILY is NEGATIVE with close below DLEMA (6256) as well as below 5DEMA (6275). So now today's WEEKLY close is important. 6293 is WHEMA and 6185 is WEEKLY 5 DEMA.