Monday, June 21, 2010

Nifty Trade for 21-6-10

Good Morning Friends, Nifty gap up today due to china ready to depreciate its curency Yuan.
Although all asian markets are nearly 2% up but still our market only 1%.
Lets see yt unfold in the real time,as Nifty is near its stiff resistence of 5330-5350 zone.
Today also we start Pivot Trading.

Trades for today:-
Buy Nf @ 5255 SL-5240 T-5280,5295,5310
Short Nf @ 5345 Sl-5360 T-5320,5300,5280

Trades as per Pivot Trading:
Nifty- Buy above 5347 T-5362,5381 SL-5329
          Short Below 5328 T-5313,5295 Sl-5347

Sbi-Buy above-2388.76 T-2399, 2412 Sl- 2376.
     Short below:-2376T- 2365,2353 Sl-2388

Icici Bank-Buy above-885 T-892,897 Sl-877
                Short below-877 T870,863

Reliance-Buy above -1072 T-1080,1088 Sl-1064
              Short below-1064 T-1056,1048 SL--1072

L&T-Buy above-1827 T-1837,1848 Sl-1816
         Short below-1816 T-1807,1796 SL-1827

15 comments:

  1. Hope all find this helpful.
    By the time I post Icici T-1 achived

    ReplyDelete
  2. Tatamotors achive T-2 of 820 Booked full.

    Beside Sbi also triger in buy@ 2388

    ReplyDelete
  3. Dear Musti Sir,
    Congrats for initiative.

    Regards
    Suraj

    ReplyDelete
  4. As Just started in Pivot Trading we will consider 1st target achived as the trade is over.

    ReplyDelete
  5. T-1 in Nf 5262 achived
    T-1 in Sbi 2399 achived

    ReplyDelete
  6. I shorted 1 lot Nf @ 5261 Sl-5265
    This trade is not with pivot trading

    ReplyDelete
  7. My sl hit in Nf But I still hold my short as intra is over bought.
    I think 5350 can be any time soon Now
    Revised strict sl 5366.5

    ReplyDelete
  8. Nf short Sl hit
    Out of trade now

    ReplyDelete
  9. I am back
    In between Icici T-2 also achived.
    Ril also trigrred buy But I am not taking it in a/c as I am not able to concentrate over it also.

    ReplyDelete
  10. I am having a Nf short @ 5373 with sl 5382

    ReplyDelete
  11. As today is an Up day althrough morning all our call as per Pivot Trading achived
    We have to look at an average day when much up down not hapen yt will our Pivot tarding gives result.

    ReplyDelete