Friday, December 31, 2010

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-134=81



Sold 5900 Ce Jan. @ 265-263=2


Bought Nf Jan. @ 6100-6127=27


Total MTM- 81+2+27=110 Points


Target 200 points in 15-20 days

Nifty & bank Nf Camrilla Levels

Nf Cam Levels
H5 6146
H4 6126 Long breakout
H3 6114 SHORT
H2 6110
H1 6106

L1 6098
L2 6094
L3 6090 LONG
L4 6078 Short breakout
L5 6058

Bank Nf Cam Levels
H5 11718
H4 11678 Long breakout
H3 11654 SHORT
H2 11646
H1 11637

L1 11621
L2 11613
L3 11605 LONG
L4 11581 Short breakout
L5 11540

Nf pivot levels
R3 6162.10
R2 6134.25
R1 6118.05

PIVOT 6090.20

S1 6074.00
S2 6046.15
S3 6029.95

Thursday, December 30, 2010

Nifty Trade as per Volume Profile

As per 5 day Volume profile strong suport lies @ 5995.

But Nf is at a crucial resistence point of 6090.
From opening future remain above VAH.
But I take a contrarian call & shorted NS @ 6080 level.
As today is expiry we may see 2 side drama today.

I hold shorts for a Target of 6045.
& try to go long at that level for nxt series.

Nf Trade as per ORB

HIGH 6131.00                       LOW 6105.00

Buy Above 6131.85             Sell Below 6104.15

Target-1 6144.85                  Target-1 6091.15

Target-2 6152.29                  Target-2 6083.71

Target-3 6157.85                  Target-3 6078.15

Target-4 6167.78                  Target-4 6068.22

Target-5 6180.78                  Target-5 6055.22

Target-6 6188.22                  Target-6 6047.78

Target-7 6193.78                  Target-7 6042.22

Target-8 6203.71  Mid Point  Target-8 6032.29

Stoploss 6115.78   6118.00     Stoploss 6120.22

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-154=61


Sold 5900 Ce Jan. @ 265-244=21


Total MTM- 61+21=82 Points


Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6126
H4 6096 Long breakout
H3 6078 SHORT
H2 6072
H1 6066

L1 6054
L2 6048
L3 6043 LONG
L4 6025 Short breakout
L5 5995

Bank Nf Cam Levels
H5 11608
H4 11610 Long breakout
H3 11611 SHORT
H2 11612
H1 11612

L1 11613
L2 11614
L3 11614 LONG
L4 11616 Short breakout
L5 11618

Nf Pivot Levels
R3 6149.02
R2 6108.28
R1 6084.32

PIVOT 6043.58

S1 6019.62
S2 5978.88
S3 5954.92

Wednesday, December 29, 2010

Nifty Trade as per ORB

Open Range Breakout Trading System




HIGH 6032.30                       LOW 6015.05



Buy Above 6033.15              Sell Below 6014.20

Target-1 6041.78                  Target-1 6005.58

Target-2 6046.71                  Target-2 6000.64

Target-3 6050.40                  Target-3 5996.95

Target-4 6056.99                  Target-4 5990.36

Target-5 6065.61                  Target-5 5981.74

Target-6 6070.55                  Target-6 5976.80

Target-7 6074.24                  Target-7 5973.11

Target-8 6080.83 Mid Point   Target-8 5966.52

Stoploss 6022.49  6023.68     Stoploss 6024.86

Nifty Trade as per Volume Profile

As per 5 day Volume profile bigest suport lies near 5995-85 Level.
Nifty gets suport yesterday near that level & today bounce back upto 6020 level.

Nf today opens High & take suport above VAH-6018.
Now Target should be Monday VAH-6040.
Exit from Longs @ 6040 & create small short there for again 6000.

Buy 6100Ce Jan. near 6000 & hold till nxt monday.

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-200=15

Sold 5900 Ce Jan. @ 265-204=61

Sold Nf @ 6050-6014=36

Total MTM- 15+61+36=112 Points

Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6025
H4 6012 Long breakout
H3 6004 SHORT
H2 6001
H1 5999

L1 5993
L2 5991
L3 5988 LONG
L4 5980 Short breakout
L5 5967

Bank Nf Cam Levels
H5 11532
H4 11485 Long breakout
H3 11456 SHORT
H2 11446
H1 11437

L1 11418
L2 11408
L3 11399 LONG
L4 11370 Short breakout
L5 11323

Nf Pivot Levels
R3 6039.17
R2 6025.03
R1 6010.52

PIVOT 5996.38

S1 5981.87
S2 5967.73
S3 5953.22

Tuesday, December 28, 2010

Nifty Trade as per ORB

Buy Above6020.85Sell Below6002.35
Target-16029.25Target-15993.95
Target-26034.05Target-25989.15
Target-36037.65Target-35985.55
Target-46044.07Target-45979.13
Target-56052.47Target-55970.73
Target-66057.27Target-65965.93
Target-76060.87Target-75962.33
Target-86067.29Mid PointTarget-85955.91
Stoploss6010.476011.60Stoploss6012.73

Nifty Trade as per Volume profile

As per volume profile there are two big bars
1.@ 5995
2.@ 6014.
If Nf able to hold 6006 VAL we can see a rally towards VAH-6040,but for it first it has to cross POC 6020 & sustain above it.
Similarly NS has to cross 6014 & sustain above it for 6035-6040 range.

Go long near VAL with 10 point sl can be the first trade.
Nf not able to hold VAL,exit from trade at cost.

Try to short near 6010Nf with sl 6020.T-5990,5975

Nf resistricted to yesterday VAL.
I give yesterday target of 5996 & todays low 5997.
I think this Volume profile mix with Market profile going intresting.

Update on Nf Option Hedging Strategy


Sold 6200 Pe Jan. @ 215-206=9


Sold 5900 Ce Jan. @ 265-204=61


Sold Nf @ 6050-6007=43


Total MTM- 9+61+43=113 Points


Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6053
H4 6028 Long breakout
H3 6013 SHORT
H2 6008
H1 6003

L1 5993
L2 5988
L3 5983 LONG
L4 5968 Short breakout
L5 5943

Bank Nf Cam Levels
H5 11574
H4 11527 Long breakout
H3 11499 SHORT
H2 11490
H1 11480

L1 11462
L2 11452
L3 11443 LONG
L4 11415 Short breakout
L5 11368

Nf Pivot Levels
R3 6086.85
R2 6066.30
R1 6032.20

PIVOT 6011.65

S1 5977.55
S2 5957.00
S3 5922.90

Monday, December 27, 2010

Nifty Trade as per ORB

Buy Above 6057.75           Sell Below 6037.10


Target-1 6067.23                Target-1 6027.63

Target-2 6072.64                Target-2 6022.21

Target-3 6076.70                Target-3 6018.15

Target-4 6083.94                Target-4 6010.91

Target-5 6093.41                Target-5 6001.44

Target-6 6098.83                Target-6 5996.02

Target-7 6102.89                Target-7 5991.96

Target-8 6110.13 Mid Point Target-8 5984.72

Stoploss 6046.04   6047.43    Stoploss 6048.81

Nifty Trade as per Volume profile

Buy Nf near or below 6040 sl-6020

As per Volume Profile Nifty has strong suport near 6010 & 5985,5980 level.
In this market shorts should be avoided.
Only intra shorts can be done with strict sl.
If today VAH & POC holds than we can see a massive rally towards 6070,6100 level.

Nifty may visit POC-6022,as it already break VAl.

I took agressive short on break of it.
My 1st T-6022 2nd VAL-5996

Book out 1 lot @ 6020 nf.
Now waiting for VAl-5996
TSl 6040

As per Volume Profile
NS have highest Volume @ 6018 & 6036
One may reenter shorts near 6018 with Sl-6040 spot.

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-190=25


Sold 5900 Ce Jan. @ 265-223=42


Sold Nf @ 6050-6040=10


Total MTM- 25+42+10=77 Points


Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels

H56090  
H46054Long breakout
H36033SHORT 
H26026  
H16019  
    
L16004  
L25997  
L35990LONG 
L45969Short breakout
L55933  


Bank Nf Cam Levels

H5     11598  
H411543Long breakout
H311510SHORT 
H211499  
H111488  
    
L111466  
L211455  
L311444LONG 
L411411Short breakout
L511356  


Nf Pivot levels

R36116.25
R26066.80
R16039.15
PIVOT5989.70
S15962.05
S25912.60
S35884.95

Saturday, December 25, 2010

Friday, December 24, 2010

Nifty trade as per Volume Profile

I share my Trade as per volume profile.

Sorry Friends for late posting due to net problem.

Today Nf open lower below Value areas of yesterday.
I do a Gap trade as per Profile.
Long @ 5970 Nf exit at VAL of yesterday i.e. 5988,also it is day high.

After that Nf not able to sustain above it.

As per Volume profile biggest volume at days low 5940 NS.
It should be the biggest suport for the further rally.
Nxt suport lies @ 5895.

A strong suport lies here @ 5963-65 level.
Can long here for 10-15 points Sl-5959 NS.
Target POC 5996

Exit from longs.
now long only above 5988 for 6010

Update on Nifty Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-229=-14



Sold 5900 Ce Jan. @ 265-204=61


Sold Nf @ 6050-5995=55


Total MTM- -14+61+55=102 Points


Target 200 points in 15-20 days

Thursday, December 23, 2010

Nifty Volume profile trading

I share My trade here as per Volume profile.

As per 5 days volume profile strong suports lies @ 5948 & 5890 levels.

But as per yesterdays & todays Volume profile strong supply @ 6015 & 6005 levels.
also at 5985 yesterday level.

I am short @ 6005.
Add few more near 6015-20 level.
Add more if breaks 5980 Sl-6030

Target -5950,5925,5900


Shorts added on break of 5980.
Now last shorts added on break of 5975 Niftt future

Update on Nifty Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-228=-13



Sold 5900 Ce Jan. @ 265-210=55


Sold Nf @ 6050-5995=55


Total MTM- -13+55+55=97 Points


Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6050
H4 6021 Long breakout
H3 6002 SHORT
H2 5996
H1 5990

L1 5978
L2 5972
L3 5966 LONG
L4 5948 Short breakout
L5 5918

Bank Nf Cam Level
H5 11695
H4 11592 Long breakout
H3 11530 SHORT
H2 11509
H1 11488

L1 11447
L2 11426
L3 11405 LONG
L4 11343 Short breakout
L5 11240

Nf pivot levels
R3 6085.27
R2 6054.53
R1 6019.47

PIVOT 5988.73

S1 5953.67
S2 5922.93
S3 5887.87

Wednesday, December 22, 2010

Nifty Volume profile trading

I will post here my trades based on Volume Profile.

Yesterady Nifty has highest volume at the level of 6001.

So today it should get strong suport at that level.
Also VAH In futures 6016 gives strong suport if the momentum is strong.
Can create Long near to VAH or 6001 NS. with small sl.
Target 20-30 points.


As I write here Nf start Flying.
Book out my 1 lot with 25 point profit.
TSL second with 6030 Nf


If any body want to enter than second entry point is near to
6025-6027 Nf.


Today 5 Min chart gives highest Volume near to 6018-6019 NS.
Long Here with sl 6012 ( 6 points risk).

Sl Hit exit from all longs.


Renter with 1 lot @ 6027 Nfuture.
Sl 6016 VAH.

Update on Nifty Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-221=-6


Sold 5900 Ce Jan. @ 265-221=44


Sold Nf @ 6050-6010=40


Total MTM- -6+44+40=78 Points


Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf cam Levels
H5 6048
H4 6027 Long breakout
H3 6014 SHORT
H2 6009
H1 6005

L1 5996
L2 5992
L3 5988 LONG
L4 5975 Short breakout
L5 5953

Bank Nf Cam Levels
H5 11820
H4 11689 Long breakout
H3 11613 SHORT
H2 11588
H1 11563

L1 11512
L2 11487
L3 11461 LONG
L4 11385 Short breakout
L5 11255

Nf Pivot Levels
R3 6066.12
R2 6036.78
R1 6018.72

PIVOT 5989.38

S1 5971.32
S2 5941.98
S3 5923.92

Tuesday, December 21, 2010

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-266=-51


Sold 5900 Ce Jan. @ 265-196=69


Sold Nf @ 6050-5953=97


Total MTM- -51+69+97=115 Points


Target 200 points in 15-20 days

Nifty & bank Nifty Camrilla Levels

Nf Cam Levels
H5 6032
H4 5994 Long breakout
H3 5970 SHORT
H2 5963
H1 5955

L1 5939
L2 5932
L3 5924 LONG
L4 5900 Short breakout
L5 5862

Bank Nf Cam Levels
H5 11438
H4 11361 Long breakout
H3 11314 SHORT
H2 11298
H1 11283

L1 11251
L2 11236
L3 11220 LONG
L4 11173 Short breakout
L5 11096

Nf Pivot Levels
R3 6072.70
R2 6028.85
R1 5987.95

PIVOT 5944.10

S1 5903.20
S2 5859.35
S3 5818.45

Monday, December 20, 2010

Update on Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-266=-51


Sold 5900 Ce Jan. @ 265-203=62


Sold Nf @ 6050-5966=84


Total MTM- -51+62+84=95 Points


Target 200 points in 15-20 days

Nifty & bank Nifty Camrilla Levels

Nf Cam Levels
H5 6051
H4 6004 Long breakout
H3 5977 SHORT
H2 5967
H1 5958

L1 5939
L2 5930
L3 5921 LONG
L4 5893 Short breakout
L5 5846

Bank Nf Cam Levels
H5 11770
H4 11610 Long breakout
H3 11517 SHORT
H2 11486
H1 11455

L1 11393
L2 11362
L3 11331 LONG
L4 11239 Short breakout
L5 11078

Nf pivot levels
R3 6086.02
R2 6021.08
R1 5984.92

PIVOT 5919.98

S1 5883.82
S2 5818.88
S3 5782.72

Wednesday, December 15, 2010

Update On Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-279=-64


Sold 5900 Ce Jan. @ 265-209=56


Sold Nf @ 6050-5960=90


Total MTM- -64+56+90=82 Points


Target 200 points in 15-20 days

No Blog Update Tomorrow
Nxt update on Monday.

Nifty & Bank Nifty Camrilla Levels

Nf Cam Levels
H5 6009
H4 5979 Long breakout
H3 5961 SHORT
H2 5955
H1 5949

L1 5937
L2 5931
L3 5925 LONG
L4 5907 Short breakout
L5 5877

Bank Nf Cam Levels
H5 11745
H4 11661 Long breakout
H3 11611 SHORT
H2 11594
H1 11577

L1 11544
L2 11527
L3 11510 LONG
L4 11460 Short breakout
L5 11376

Nf Pivot Levels
R3 6033.65
R2 5993.80
R1 5968.45

PIVOT 5928.60

S1 5903.25
S2 5863.40
S3 5838.05

Tuesday, December 14, 2010

Update On Nf Option Hedging Strategy

Update On Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-311=-96

Sold 5900 Ce Jan. @ 265-200=65

Sold Nf @ 6050-5932=118

Total MTM- -96+65+118=87 Points

Target 200 points in 15-20 days

Nifty & Bank Nifty Camrilla Levels

Nf Cam Levels
H5 6028
H4 5973 Long breakout
H3 5940 SHORT
H2 5929
H1 5918

L1 5897
L2 5886
L3 5875 LONG
L4 5843 Short breakout
L5 5787

Bank Nf Cam levels
H5 11820
H4 11680 Long breakout
H3 11599 SHORT
H2 11572
H1 11545

L1 11491
L2 11464
L3 11437 LONG
L4 11356 Short breakout
L5 11216

Nf Pivot Levels
R3 6067.03
R2 5990.42
R1 5949.03

PIVOT 5872.42

S1 5831.03
S2 5754.42
S3 5713.03

Monday, December 13, 2010

Update on Nf O[tion Hedging Strategy

Update On Nf Option Hedging Strategy


Sold 6200 Pe Jan. @ 215-345=-130

Sold 5900 Ce Jan. @ 265-167=98

Sold Nf @ 6050-5879=171

Total MTM- -130+98+171=139 Points

Target 200 points in 15-20 days

Nifty & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6005
H4 5937 Long breakout
H3 5897 SHORT
H2 5884
H1 5871

L1 5844
L2 5831
L3 5818 LONG
L4 5778 Short breakout
L5 5710

Bank Nf Cam levels
H5 11973
H4 11725 Long breakout
H3 11586 SHORT
H2 11540
H1 11493

L1 11401
L2 11354
L3 11308 LONG
L4 11169 Short breakout
L5 10921

Nf Pivot levels
R3 6052.53
R2 5959.02
R1 5908.18

PIVOT 5814.67

S1 5763.83
S2 5670.32
S3 5619.48

Friday, December 10, 2010

Update On Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-432=-217


Sold 5900 Ce Jan. @ 265-128=137


Sold Nf @ 6050-5780=270


Toatal MTM- -215+137+270=192 Points


Target 200 points in 15-20 days

I will try to cover This strategy Today.

Nifty & Bank NF Camrilla Levels

Nf Cam Levels
H5 5952
H4 5868 Long breakout
H3 5817 SHORT
H2 5800
H1 5783

L1 5750
L2 5733
L3 5716 LONG
L4 5665 Short breakout
L5 5581

Bank Nf Cam levels
H5 11609
H4 11386 Long breakout
H3 11251 SHORT
H2 11206
H1 11161

L1 11071
L2 11026
L3 10981 LONG
L4 10847 Short breakout
L5 10623

Nf Pivot Levels
R3 6066.77
R2 5997.03
R1 5881.77

PIVOT 5812.03

S1 5696.77
S2 5627.03
S3 5511.77

Thursday, December 9, 2010

Update On Nf Option Hedging Strategy

Sold 6200 Pe Jan. @ 215-304=-89

Sold 5900 Ce Jan. @ 265-189=76

Sold Nf @ 6050-5923=127

Toatal MTM- -89+76+127=114 Points

Target 200 points in 15-20 days

Nifty & Bank NF Camrilla Levels

Nf Cam levels
H5 5985
H4 5948 Long breakout
H3 5926 SHORT
H2 5919
H1 5911

L1 5896
L2 5889
L3 5881 LONG
L4 5859 Short breakout
L5 5822

Bank Nf Cam Levels
H5 11704
H4 11593 Long breakout
H3 11527 SHORT
H2 11505
H1 11482

L1 11438
L2 11416
L3 11394 LONG
L4 11327 Short breakout
L5 11217

Nf Pivot Levels
R3 6031.00
R2 5995.50
R1 5949.60

PIVOT 5914.10

S1 5868.20
S2 5832.70
S3 5786.80

Wednesday, December 8, 2010

Sold 6200 Pe Jan. @ 215-254=-39

Sold 5900 Ce Jan. @ 265-238=27

Sold Nf @ 6050-6009=41

Toatal MTM- -39+27+41=29 Points

Target 200 points in 15-20 days

Nifty & Bank NF Camrilla Levels

Nf Cam Levels
H5 6038
H4 6010 Long breakout
H3 5993 SHORT
H2 5988
H1 5982

L1 5971
L2 5965
L3 5960 LONG
L4 5943 Short breakout
L5 5915

Bank Nf Cam Levels
H5 12109
H4 11921 Long breakout
H3 11808 SHORT
H2 11771
H1 11733

L1 11658
L2 11620
L3 11582 LONG
L4 11469 Short breakout
L5 11282

Nf pivot Levels
R3 6066.43
R2 6033.72
R1 6005.13

PIVOT 5972.42

S1 5943.83
S2 5911.12
S3 5882.53

Tuesday, December 7, 2010

Update On Nf Option Hrdging Strategy

Sold 6200 Pe Jan. @ 215-252=-37

Sold 5900 Ce Jan. @ 265-228=37

Sold Nf @ 6050-6001=49

Toatal MTM- -37+37+49=49 Points

Target 200 points in 15-20 days.

Nifty & Bank NF Camrilla Levels

Nf Cam Levels

H56080  
H46041Long breakout
H36016SHORT 
H26008  
H16000  
    
L15984  
L25976  
L35968LONG 
L45944Short breakout
L55904  


Bank Nf Cam Levels

H512471  
H412281Long breakout
H312166SHORT 
H212128  
H112090  
    
L112013  
L211975  
L311936LONG 
L411821Short breakout
L511632  


Nf Pivot levels

R36134.98
R26102.22
R16047.23
PIVOT6014.47
S15959.48
S25926.72
S35871.73

Monday, December 6, 2010

Nifty option Hedging Strategy (Regular Strategy)

Short 6200 Pe Jan. @ 215

Short 5900 Ce Jan. @ 265

Total Premium recived 480 points.

Long Nf above 6100

Short Nf below 6050

Target 200 points in 15-20 days.

Nf & Bank Nf Camrilla Levels

Nf Cam Levels
H5 6054
H4 6026 Long breakout
H3 6010 SHORT
H2 6004
H1 5998

L1 5987
L2 5982
L3 5976 LONG
L4 5959 Short breakout
L5 5931

Bank Nf Cam Levels
H5 12583
H4 12476 Long breakout
H3 12413 SHORT
H2 12392
H1 12370

L1 12328
L2 12307
L3 12286 LONG
L4 12222 Short breakout
L5 12116

Nf Pivot levels
R3 6085.20
R2 6055.30
R1 6024.05

PIVOT 5994.15

S1 5962.90
S2 5933.00
S3 5901.75

Friday, December 3, 2010

Nifty option Hedging Strategy

A new Strategy

Buy 6000 Ce @ 100-110
Short 6100 Ce @ 55-60
Sl for this strategy 5965 ( Closing Basis)
Target- 6100

Maximum profit-100 points
Maximum Loss-45 points.

We are merely be in loss in this starategy if exit @ Sl.

Nf & Bank Nf Camrilla Levels

Nf cam levels
H5 6061
H4 6039 Long breakout
H3 6025 SHORT
H2 6021
H1 6016

L1 6007
L2 6003
L3 5998 LONG
L4 5985 Short breakout
L5 5963

Bank Nf Levels
H5 12620
H4 12553 Long breakout
H3 12513 SHORT
H2 12499
H1 12486

L1 12459
L2 12446
L3 12432 LONG
L4 12392 Short breakout
L5 12325

Nf pivot levels
R3 6082.83
R2 6056.17
R1 6033.93

PIVOT 6007.27

S1 5985.03
S2 5958.37
S3 5936.13

Thursday, December 2, 2010

Thanks To Friend Alpha

I Thanks to my friend Alpha for giving me a wonderfull Site for watching volume Profile.
As per volume profile highest volume is on the levels of 6000-6005 level.
If Nf breaks from here than we may find it @ 5960 which is the high volume area of Yesterday.
I keep SAR 6020 for Nifty.
Short below it & Long above it.

Nf view

So Target of 6030 done.
Nf made a high of 6029.65
Shorters Sl save by only .35
If now Nf cant cross 6015 it may fall into -ve after eurozone opening.
As now no strength shows Yet to hold above 6015++
One can take a short call here with sl of days high or 6020.
Its nothing technical as of now no indicator give -ve,but only overbought situation is there.

Nf & Bank Nf Camrilla Levels

Nf cam Levels
H5 6068
H4 6019 Long breakout
H3 5990 SHORT
H2 5980
H1 5971

L1 5951
L2 5942
L3 5932 LONG
L4 5903 Short breakout
L5 5854

Bank Nf Cam Levels
H5 12703
H4 12521 Long breakout
H3 12416 SHORT
H2 12381
H1 12346

L1 12276
L2 12241
L3 12206 LONG
L4 12101 Short breakout
L5 11918

Nf pivot levels
R3 6104.87
R2 6037.93
R1 5999.42

PIVOT 5932.48

S1 5893.97
S2 5827.03
S3 5788.52

Wednesday, December 1, 2010

Nf view

Atlast Nf reaches 5955++ levels.
My calculation is right but I exited early,this is a mistake made by me.
Now at this juncture we have 2 side views bullish but upto yt level.I think 6010-6020 area should reach now after that a major fall can take place.
If holding long stay long with a sl of 5890,If short place a Sl of 6030.

I strongly feel that downtrend not complete yet a fall up to 5640 still pending.

Nf & Bank Nf Camrilla Levels

Nf Cam Levels
H5 5989
H4 5931 Long breakout
H3 5897 SHORT
H2 5885
H1 5874

L1 5851
L2 5840
L3 5829 LONG
L4 5795 Short breakout
L5 5737

Bank Nf Cam Levels
H5 12262
H4 12119 Long breakout
H3 12035 SHORT
H2 12007
H1 11979

L1 11923
L2 11895
L3 11867 LONG
L4 11782 Short breakout
L5 11639

Nf pivot leves
R3 6037.75
R2 5965.00
R1 5913.85

PIVOT 5841.10

S1 5789.95
S2 5717.20
S3 5666.05