Nifty Weekly Trading

Yesterday I just miss the opportunity to buy 4900 Ce as I am not much convince of crossing 5000.

But market is always supreme.

It surprises us oftenly & it did again tomorrow.

Now yt for new series?

Nifty try to cross & sustain 5000 but today openeing again below 5000.

My view now remain bearish

Short near or below 5000 sl 5050 closing basis.

Long can be made intraday near to 4930 level for 30-60 points.

I may not update intraday due to business commitment.

Can buy 4900-4800 pe also with same 5050 sl

Nifty Weekly Trading

Today i updated late because I am just watching screen without any Bias and ultimatly come to conclusion to not to trade today.

Nifty open low & trade in a range of just 20 points.

its all option premium eating game going on.

So just avoid trading & in last hour some See-Saw trade may occur due to expiry blooms.

If any one want to take Risk than buy a 4900 Ce below 15 no sl & target near to 35.

I will take this risk but below 15 only. No future trade today I sugest

Update on Nifty weekly trading

Nifty Covered at 4928 all lots.

As I posted in my morning Post to short for a target of 4920 nifty made a low of 4922.

My target almost achieved.

I cover whole short position & now wait for EOD.

Also cover 4900 Pe at 30.

Update on Nifty weekly trading

Shorted @ Open & bang fall 40 odd points.

Covered 1 lot for 40 point s& reenter short near to 4975 sl remain same 5050 T-4900-4920.

Reenter Short @ 4976 level.

Bought 4900 Pe @ 17 No sl T-25-30

Nifty Weekly Trading

I am holding Long from 4800 Though my sl of 4770 hit but I Long again near to 4800 & cover yesterady at 4980 level.

I cant update whole due to busy schedule & now onwards I try  foe more timly update.

As tomorrow is expiry & Option writing sugest an expiry near to 4900.

I will bet on short today near or above 5000 for 4920 levels.

My sl will be 5050 on closing basis.

Nifty Weekly Trading

I was out for a family vacation.

I am back now.

Nifty from 4920 rise upto 5170 & back to 4820 in the whole week.

Now nifty close on Friday is 4867.

Trend is down & sell on rise is the mantra for the time.

But strong suport lies in the range of 4800-4820.

So can long near to 4800-4820 with sl of 4780.

Shorts can be reinitiated in the range of 5000-4980 with sl of 5050.

Bounce may appear as due to oversold conditions.

Nifty Weekly Trading

Sorry frends for no update since last few days.

As I was out for traveling for business porpuse.

I was long from 4940-4920 & booked out fully today at 5120 level.

Now start short in nifty  from 5120 till 5160 sl 5225 on closing basis.

Target 5000,4950,4800.

Can buy Pe also for thsi down move.

Below Iam posting a link of another Good blog of Kumar sir.
He is also my mentor & a very humble & great person.

http://intradaymovers.blogspot.com/

Nifty Weekly Trading

Buy Nifty Now@ 4940 with sl 4870 for 5000++

Nifty Weekly Trading

Covered Shorts @ 4970 level.

Now wait for fresh trade .

Can Long Below 4950 for 5000++ Intraday.

Sl-4870.

I am more intrested in Short.

Sell on rise near to 5050, 5075 should be more ideal strategy for Lower levels of 4850-4800 range.

Nifty Weekly Trading

Nifty made a Low of 5065.

Book half here & remaining near to 5000 & lower

Nifty Weekly Trading

Frends Yesterday Nifty made a high of 5165 & my sl is 5160.It hit & trade around it only.

I cut my shorts & reshorted after not sustaining above my sl.

Now positional sl for the shorts 5250 strictly on closing basis.

Target should be near to 5050-5020.

Nifty Weekly Trading

 Yesterday Nifty sl hitted after many days.

But I short at today open also,

Add shorts below 5100 sl 5160. T-5050

Nifty Weekly Trading

As I post yesterday Nifty just oblige me in between my levels.

Long from 4950 & booked today at 5100.

Just Short intraday with sl of 5145 for 30-40 point no overnight carrying.

Nifty Weekly Trading

As I post yesterday Nifty range bound moves dont make any positional trade.

Yesterday Nifty range was of just 30 points.

Makes a low in morning session & than a high in in afternoon session.

Its very tricky to trade.

My view buy in dips near to 4950-4900 sl 4870

Sell on rise near to 5050-5100 sl-5130.

Try to be more intra than positional.

Avoid Buying Options in this range bound market.

One can write 5100-5200 Ce & 4800-4700 Pe

Happy Teachers Day

I wish very HAPPY TEACHERS DAY   to all my teachers & mentors who teach me alot in this market.

Illango Sir, Jagmohan shan Sir, Dinesh rishi sir & above all Late SN Vaish Sir.

All these people have special place in my heart & I pray to God for their better Health,Wealth & Prosperity.

Let God give peace to the soul of SN Vaish sir.

Nifty Weekly Trading

As we are Long in Nifty from 4800,4750 Levels in Nifty & booked profit at near to 5050 range.

Now its a new week & we initiate new & fresh trades.

All previous longs if held will be book near to 5000 level.

My view will be a buying again near to 4900-440 Level with sl 4870 strictly.

If sl hit than rebuy in dips of 4800-4750 level.

This week should be of range bound moves,not much action can be seen.

On upper side shorts can be re initiated near to 5050-5100 level with sl of 5130,any rally will witness sell off & any dip will be supported by buying.

Nifty Weekly Trading

Sorry Freinds for no update for last 1 week.

First of All

EID MUBARAK


to all my friends.

Nifty after a fall to 4725 now reaches 5000++.

Yesterday Sgx made a high of 5185 but as our market is closed for 2 days we cant get that benefit.

Now just hold long with sl of 4950 on closing basis.