Nifty – Profit Making Trade

Good evening, wish you happy trading session tomorrow.

Key Support-Resistance level of Nifty Future

§  Vital resistance of Nifty Future is 12176;

§  Above 12237.60  Nifty Future may face hurdle at  12374.95 OR 12375.75

§  If break today’s low (12048.80) then the index may face new PANIC selling.

10:02  pm, 19^th February, 2020

Be A Intelligent Investor

“Buy shares and forget them for 15 to 20 years” Nowadays it is a worthless idea.

If you exclude the years 1991 to 1992 from the portfolio of the so-called Rich (from the stock market), 95% will prove a failure.

The mentioned period was called Harshad Mehta Bull Run.

Swing Trading is the only instrument to be rich from stock market.

At 1^st November guided our Clients to buy Share of Colgate-Palmolive @1544, at 8^th November (today) made high 1642.

And

Jubilant Food @1577 today made high 1632.

We are still holding all.

Let's assume for the sake of argument, that you have bought share of Reliance Industries on 11.12.208 at the price of 1055.

And you're still holding all the shares.

Now your profit margin is 41%.

But if you were to take our help, then there could be a profit margin of 66.95%.

1055 to 1417 = 34.36% and 1123 to 1489 = 32.59 = 66.95%.

Just READ the Post of 01.08.2019, I have written that Reliance Industries may reveres from 1123.

On 08.08.2019 the stock made low 1095.30 and reverse.

Nifty Future Live

Good Morning and Wish You a Happy Trading Session ….

Yesterday's movement of Nifty Future was clear of direct and good for intraday trading.

From 7^th of February Nifty Future has started to correct. From 11142.85 the index already melts down to 10602.

This is not the end. Nifty Future may continue the melting procedure at coming days.

FII/FPI & DII trading activity on NSE, BSE and MSEI

Yesterday Institutional Investors have bought 3435.8 Cr. and sold 4249.56 Cr. net trades were – 813.76 Cr.

And Domestic Institutional Investors have bought 2901.97 Cr. and sell of 1738.12 Cr. net trade values + 1163.85 Cr,

India VIX Snapshot

 Yesterday INDIA VIX made high 18.6050 and low 15.2575

Advance and decline ratio of the Nifty was 25:24

OI at Option Trading

Most active CE was 10,800, and OI was 19, 45,875 and most active PE was 10,600. And OI was 8, 16,525.

Key Support-Resistance level of Nifty Future

Above 10686 vital resistance of the day is 10699.30-----10702.65.

Yesterday written about the first support 10602.80,Nifty Future made bottom at 10602.

Below 10501.30 Nifty Future will take next vital support at 10477.35----10476.45.

Today’s Overview:

Above 10602 Nifty Future may rally around 100 points, but overall trend is down.

Nifty Trade Today

Nifty Trade at last session

                                                         

Good Morning and Wish You a Happy Trading Session ….

After Wednesday’s last hour move and Friday’s steady up move Nifty Future able to recover 2.319% from 11297 to 11559. I have written at last two days ---“this up move may be a turning points” --: “from any resistance level a sharp correction is possible, don’t trapped at higher level”

Bear play

Just look what happened, just look what happened, and within one trading day Nifty Future melts down from 11559 to 11392.yesterday Nifty Future never tried to take a bounce back, always move was ready to sleep below.

Yesterday Foreign Institutional Investors’ (FII) net trade value was -106.54 Cr. and Domestic Institutional Investor’s (DII) net trade value was -180.36 Cr. both intuitions were on sell side.

India VIX jump from 11.7300 to 14.6350, and was the strength provider to correct the market. Today above 14.7800 and stay above then correction may be steadier.

Key Support-Resistance level of Nifty Future

Below yesterday’s low 11372 Nifty Future may take next support at 11342, Single closing below 11325 may drag Nifty Future to 11224.

A bounce back from any support level may pull Nifty Future to 11392/11396, above this 11422/11427.

Today’s Overview:

Any pull back is good opportunity to go short (intraday).Below 11458 markets is week only.

Trade 17 Sep'2018

Trade of 17^th September’2018:

Positional traders (Clients) are holding Nifty Future short positions from 11445.60 with SL their entry.

Risk n Reward ratio