I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Tuesday, 18 June 2013

NIFTY Levels - for 19th June 2013:

1) NS closed @ 5689 with highest one day move.

1) NIfty Closed at 5813,  -38 pts. 
2) Pattern:- Monthly Chart forming a Triangle,
Weekly giving -ve Divergence on RSI & MACD, 
Daily Nifty has not broken the old Trendline and has taken support
3) Nifty is bouncing. Our Tgt 5930 ~ 5950.  then get ready to SHORT NIFTY for atleast 300 pts :)
4) OI:-   Call OI Highest at 6000 ,
            Put OI  highest at 5700,
            PCR OI from 0.98 to 0.94
5) Daily TF        :-      
    ->  Bollinger  :-        Downtrend
    ->  RSI (9)      :-       Uptrend, but in -ve zone, so sell on rise intraday
    ->  MACD (9,19,6) :- Bullish Crossover about to happen, still negative
    ->  Stoc (15,3)  :-  Bullish

Out Mantra is Sell on Rise..

Tuesday, 16 April 2013


NIFTY Levels - for 17th Apr 2013:


Back after a Long time due to some other assignments and Investment services.. After stremlining all, lets move ahead:-


1) NS closed @ 5689 with highest one day move.
2) Pattern:- Monthly Chart forming a Hammer, Daily Nifty has broken a Trendline on closing basis but closed below 200 DMA
3) Nifty Future SR Levels/ Zones for Intraday :- 
            Resistance @ 5692~5705, 5766~5770, 5961~5966
            Support     @ 5639, 5614~5592, 5500~5492
4) OI:-   Call OI decreased at 5500 level,
            Put OI increased at 5600, 5700 level,
            PCR OI increased crossed 1 from 0.93 to 1.04, so market gaining Strength
5) Daily TF        :-      
    ->  Bollinger  :-        Consolidation
    ->  RSI          :-        Uptrend, so Buy all Dips
    ->  MACD (9,19,6) :- Bullish Crossover
    ->  Stoc (14,3,3)  :-  Bullish
6) 60 min TF      :-      
    ->  Bollinger  :-        Uptrend
    ->  RSI          :-        Uptrend

BUY above 5705 NF closing with SL 5675, TGT 5760.
SELL on pattern at 5705, SL 5710

Tuesday, 6 November 2012


NIFTY Levels - for 07th Nov 2012:


1) NF closed @ 5773 & NS ticked above 5730. A strong Closing indeed.
2) Pattern:- Up Channel forming in 30 min chart & NF Closing at the Upper end. Breakout can give move in either direction.
3) Nifty Future SR Levels/ Zones for Intraday :- 
            Resistance @ 5785-5793, 5804-5810, 5857-5860
            Support     @ 5767-5757, 5737-5733, 5714-5711, 5698-5694, 5670-5664
4) Open Interest:-  Highest OI in 5900 Call (71 lacs) & 5600 Put (72 Lacs)
5) Daily TF        :-      
    ->  Bollinger  :-        Consolidation to Up trend
    ->  RSI          :-        Uptrend, so Buy all Dips
    ->  MACD (9,19,6) :- Bullish Crossover
    ->  Stoc (14,3,3)  :-  Bullish, going to be overbought
6) 30 min TF      :-      
    ->  Bollinger  :-        Uptrend
    ->  RSI          :-        Uptrend
    ->  Stoc (14,3,3)  :-  Uptrend, going to be overbought
7) NF Gaps to be Noted:
    ->  5280  - 5313
    ->  5457  - 5526
    ->  5554  - 5575
GAP has not been filled.. so a new Trend emerging - & thats Up

BUY : Intraday If 5730 broken in NS, BUY with SL 5710, TGT 5750, 5800.
SELL: Intraday If 5730 not broken in NS.

Monday, 22 October 2012


NIFTY Levels - for 23rd Oct 2012:


1) Nifty Future closed @ 5732 Up by 33 point. As said.. but Overall it seems a BEAR TRAP for Coming month. & it happened so..
2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts.  The neckline is at 5640. Closing below this can give move of 150 pts
3) Nifty Futures SR Levels/ Zones for Intraday :- 
            Resistance @ 5723-5730, 5757-5766, 5784-5788, 5835-5843
            Support     @ 5698-5694, 5670-5664, 5647-5639, 5597-5593
4) Open Interest:-  Highest OI in 5800 Call (116 lacs) & 5600 Put (80 Lacs). OI again increased in  PE 5600
5) Daily TF        :-      
    ->  Bollinger  :-        Consolidation
    ->  RSI          :-        Up Trend
    ->  Stoc (14,3,3)  :-  Bullish
6) 30 min TF      :-      
    ->  Bollinger  :-        Uptrend
    ->  MACD (9,19,6) :- Bearish
    ->  RSI          :-        Uptrend
    ->  Stoc (14,3,3)  :-  Uptrend
7) NF Gaps to be Noted:
    ->  5280  - 5313
    ->  5457  - 5526
    ->  5554  - 5575
BUY : Intraday If 5730 broken with Close in NF, BUY tomorrow.. but a reversal is imminent.
SELL: Intraday If 5730 not broken in NF with close below it.

Sunday, 21 October 2012

NIFTY Levels - for 22nd Oct 2012:


1) Nifty Future closed @ 5687 down by 50 point. A GAP down is expected due to US market.. but Overall it seems a BEAR TRAP for Coming month.
2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts.  The neckline is at 5640. Closing below this can give move of 150 pts
3) Nifty Futures SR Levels/ Zones for Intraday :- 
            Resistance @ 5694-5698, 5723-5730, 5757-5766, 5784-5788, 5835-5843
            Support     @ 5670-5664, 5647-5639, 5597-5593
4) Open Interest:-  Highest OI in 5800 Call (106 lacs) & 5600 Put (67 Lacs). OI reduced in Puts, so this week may see a breakdown below 5600.
5) Daily TF        :-      
    ->  Bollinger  :-        Consolidation
    ->  RSI          :-        Up Trend
    ->  Stoc (14,3,3)  :-  Bearish
6) 30 min TF      :-      
    ->  Bollinger  :-       Downtrend
    ->  MACD (9,19,6) :- Bearish
    ->  RSI          :-        Downtrend
    ->  Stoc (14,3,3)  :-  Downtrend
7) NF Gaps to be Noted:
    ->  5280  - 5313
    ->  5457  - 5526
    ->  5554  - 5575
BUY : If 5630 not broken with Close, BUY tomorrow..
SELL: If 5630 broken with close below it.

Thursday, 18 October 2012


NIFTY Levels - for 19th Oct 2012:


1) Nifty Future closed @ 5734 up by 67 points with Higher Low. Today, Nifty returned from Resistance support zones twice.. Good trade executed..
2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..
3) Nifty Futures SR Levels/ Zones for Intraday :- 
            Resistance @ 5723-5730, 5757-5766, 5811-5817
            Support     @ 5698-5694, 5670-5664, 5647-5640, 5597-5593
4) Open Interest:-  Highest OI in 5800 Call (95 lacs) & 5600 Put (87 Lacs)
5) Daily TF        :-      
    ->  Bollinger  :-        Up trend
    ->  RSI          :-        Up Trend
    ->  Stoc (14,3,3)  :-  Bearish
6) 30 min TF      :-       Uptrend
    ->  Bollinger  :-       Uptrend
    ->  MACD (9,19,6) :- Bullish
    ->  RSI          :-        Uptrend
    ->  Stoc (14,3,3)  :-  Uptrend
7) NF Gaps to be Noted:
    ->  5280  - 5313
    ->  5457  - 5526
    ->  5554  - 5575
BUY & Sell: In SR Zones with Proper Candlestick patterns.. That's it..

Wednesday, 17 October 2012

NIFTY Levels - for 18th Oct 2012:


1) Nifty Future closed @ 5667 up by 18 points.
2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..
3) Nifty Futures SR Levels/ Zones for Intraday :- 
            Resistance @ 5640-5647,  5664-5670, 5694-5698, 5723-5730,  
            Support     @ 5597-5593,  5560-5554,  5413-5400, 5350
4) Open Interest:-  Highest OI in 5800 Call (117 lacs) & 5600 Put (80 Lacs), 5500 (85.5 Lacs)
5) Daily TF        :-      
    ->  Bollinger  :-        Consolidation
    ->  MACD (9,19,6) :- Bearish Confirmation after crossover
    ->  RSI          :-        Down Trend
    ->  Stoc (14,3,3)  :-  Bearish
6) 30 min TF      :-       Downtrend
    ->  Bollinger  :-       Downtrend
    ->  MACD (9,19,6) :- Bullish
    ->  RSI          :-        Correction Rally in Down trend
    ->  Stoc (14,3,3)  :-  Correction Rally in Down trend
7) NF Gaps to be Noted:
    ->  5280  - 5313
    ->  5457  - 5526
    ->  5554  - 5575
BUY & Sell: In SR Zones with Proper Candlestick patterns.. That's it..