Bank Nifty a superb buy range

Bank Nifty Can be bought for a short period for a bounce of atleast 600-100 points from here.

Can buy bank Nifty in range of 9200-900 sl - 8800

Posting a chart for it:-

Nifty Weekly Trading

As I post yesterday to buy & hold Nifty & it gives full 100 points in only just a single day.

I am expecting atleast 5100 for this upmove rally,means 300 points.

I post a chart which suport my Buy call

I post a chart which suport my Buy call 

Nifty Weekly Trading

Nifty on Friday Give a deep towards sub 4800 & bounce sharply to 4850 level.

I repeatdly say to buy Nifty nea r to 4800-4750 with sl of 4700 for mnium 300-400 points rally.

Can buy Banking stocks also for this rally,like SBI,Icici,BOI,
 Auto stocks like tatamotora ,maruti,mnm all these are superb buy at current levels for a upmove of 10-20% from current level.

Do not buy midcaps at present as they will not show much momentum at present.

Nifty Weekly Trading

Atlast after 4 days my Net start working.

All credit goes to BSNL.

Nifty in the meanwhile compltly knocked out & close at a low of 4944.

Now my chart showing a bounce back soon.

Today we may again witness a gap down opening near to 4850 levels,as DOW & other european market sell off badly near to 5% last night.

Try to buy Nifty close to 4800-4830 sl 4750 T-4950,5000

Book profit as per market condition & carry position only on a close above 5050.

Can buy 4800 ce near to 50-60 with sl of 4750 nifty spot target double.

Also can start buying 5200-5100 Ce of sep. series near to 4800 & below also.No sl

Nifty Weekly Update

Last week was a damn Good for trading.

Our levels work us better to trade.

Yesterday short below 5100 achieve almost our first target of 5050 made a low of 5053.

Now for nxt week.

In my view  as per charts a short term bottom has been made or to be made in near future.

One more new low near to 4950 or below 4900 can be a Golden opportunity to create a long trade for atleast  400-500 points.

The Rsi & MACD on daily charts are near to there bottom. A dip can be a bought for Bounce.

Can buy Sep.5200 Ce near to 4900 & add more on dips.


last time my option trade of buying 5400 Pe gives immense profit if I not kept sl, the Day it hit nxt day it bounce sharply & now made a high of 450++.

I hope the same for 5200 Sep.Ce also but this time no sl & strictly in the range of 4900-5000.

All things are written on charts

Nifty Weekly Trading

Nifty open gaps up after positive global cues, trading above 5100 successfully.

Can create long on dips  for 5150-5180-5200 sl 5050.

If close above 5150 than carry position tomorrow other wise not.

Happy Independence Day

Happy Independence day to all my Friends 

Nifty Weekly Trading

My views for Nifty posted here are respected by Nifty.

Go long twice at 5120- level & cover once at 5165 & second at 5180.

I hope now I ma on right track in trading & viewers also get benefited.

For today I alreday late to take a short at opening,now wait for IIP data to release.

Short for today below 5100 with sl 5130 for 5050,5020.

Long again can be taken near to 5120 with sl 5080,but after data watch its impect whether +ve or -ve.

Nifty Weekly Trading

As I said yesterday nifty in a range bound mode no fire works.

So I take rest & market gives me also.

Now last night Dow again falls 500 points,but today morning Asian markets pull back from there lows.

Nifty also not open much lower.

I sugest to long @ 5100-5120 range with sl 5080 for 5150-5180-5200.

Below 5080 nifty find suport @ 5050-5000.

As it is already oversold any down fall move will be suported  by an upmove.

Similarly Strong downtrend results any pull back a severe sell off.

So better to trade intra with sl  for few points.

Nifty Weekly Trading

Last two days & two superb trades.

Yesterday also post to Go long & it again gives 100 points.

I hope profit booked,I booked compltly as Long is against the trend.

Today after 2 whooping days may be a sideways move.

Any new trade will be posted here.

If any one wish can Long near to 5210 with sl 5180 T-5250.

Shorts below 5130 sl-5180 T-5050.

I am not playing today,taking a rest today

Nifty Weekly Trading

Buy Nf again @ 5050 Sl 4980 T-30,50,100 points .

If close above 5125 than carry otherwise not

Nifty Weekly Trading

So frends today Long taken in the range 5050-5070 cover partially @ 5180

Got full 120 points in 1 lot trade

Now trail sl with 5125 on closing basis.

I hope every one enjoy my trade today after a gap

Nifty Weekly Trading

I am back frends.

Now last week close is 5210 spot.

Today Nf opened gap down due to american effect.

Now big support @ 5050 level.

Can initiate intra long at or near to 5050-5070 level sl 4975.

If close above 5090-5110 than carry long to nxt day other wise take a fresh view tomorrow

Nifty Option Hedging Strategy

Sorry this time I exit from it Yesterady as cant able to concentrate over trading.

I cant able to post it yesterday as My net is not working.

I will update a newer one as I will be back in trading.

Nifty Weekly Trading

Frends this Week I am  taking a break, I will further update on Nxt monday or Friday.

At present I am not able to concentrate so want to excuse.

I hope all my viewers will understand my situation.

I will back as soon as possible,early this weekend or Nxt Monday