Nifty Sensex Analysis for 29 June 2015
Greece has struck world markets and we are going to open gap down.
Level to short Nifty is sustained trading below 8280.
Shorting level for Sensex is 27440.
If market opens with a big gap down below these levels,short with stop losses above these levels.But today stop losses should be able to give more headroom as Nifty and Sensex are going to be volatile,
So a more Sensible stop loss would be 8350 in Nifty and 27670 in Sensex.
Do not thing of buying in this bloodbath ,First let it settle down for 1-2 trading days then only buy if you have inclination to go long in Nifty ,Sensex,
Though stocks can be bought for long term in this bloodbath.
Update at 3.05 PM:Reversed the positions and got bullish after stop loss got triggered.
Nifty Sensex July Series Analysis on 26 june 2015
So a new July series has started today.
On daily basis nifty is buy as long as it closes above 8325-8335 region.
Any close below 8250 makes Nifty an ideal Short candidate.
For momentum traders ,Nifty is a buy if it stays above 8375 today.
Sensex is buy at current levels with stop loss of 27600.
For short term its a buy as long as it stays above 27790.
Disclosure:We went long in Nifty today.
Nifty and Sensex Must Buy on 29 May 2015
Nifty and Sensex were giving bearish signals.
But on 29th May both have given a positive breakout.
So both are buy at current levels
Nifty is buy with Stop loss of 8305
Similarly Sensex is a but with stop loss of 27467.
Both levels are for Intraday.
Target in Nify is 8400 Plus.
Nifty Sensex in grip of bears
Yesterday nifty Sensex shorting levels were triggered.
New stop loss for shorts is 8370 in Nifty and 276230 In Sensex .
Since the markets are in clear downtrend,buying is not possible at these levels.
So trade is clear ,either short on rises or stay on sidelines.
markets are bearish in daily as well as other time frames.
First target in Nifty is 8270 and if that level fails to hold then we are headed towards 8230.
And taking profits is integral part of trading strategy.
Nifty Sensex Trade Plan 26th May 2015
Both Nifty and Sensex are in no trade zone.
For momentum trading ( 1-15 days )
Nifty last close: 8370
Sell Below : 8355 with Appropriate stop loss
Buy Above:8415 with Appropriate stop loss
Only important points is to buy or short when Nifty has been below or above the trading level for 25-30 minutes.
Otherwise skip the trade as Nifty can be quite volatile near expiry.
Medium Term: 1 month onwards
Nifty is a short with stop loss at 8460 (Daily closing )
For momentum trading ( 1-15 days )
Sensex last close: 27633
Sell Below : 27590 with Appropriate stop loss
Buy Above: 27800 with Appropriate stop loss
Medium Term: 1 month onwards
Sensex is a short with stop loss at 27920 (Daily closing )
Nifty Sensex are in buy zone 21 May 2015
Both the Indices are in Buy Zone now in all time frames.
The rally may be short lived or it may have many legs,but only trade now possible is to buy.
Nifty is buy with stop loss of 8370-8380 intraday and positional basis.
Sensex is buy with stop loss of 27690 intraday and positional basis.
And Reverse the positions if stop losses are breached.
We are already long using Nifty Calls
Update: At 10.30 Nifty traded very close to stop losses but none triggered.
Update on 22 May 1.50 PM:Move stop loss to 8425
Update on 22 May 1.55 PM:Covered the longs and shorted market with SL of 8500
Analysis of Indian Stock Indices for trade on 15th May 2015
We are struck in range and there is very high volatility.
In Nifty ,the range is between 8050 to 8400.Sensex has the rough range of 26800 to 27600.
Trading in range could be bit tricky and may trigger many stop losses .
So we are out of market for time being.
8250 level is the magnet in Nifty.When Nifty rises or fall 100-150 from 8250 one may take the opposite position.
So when Nifty is at 8350-8400 levels,short is possible with stop loss of 8450.Similarly if Nifty falls to 8000-8050 level long trade is possible with stop loss of 7950.
Frankly we will be disinclined to trade unless the range is broken and a directional move starts.
Nifty Sensex Perfect Short on 12th May 2015
Yesterdays market action suggestion a buy as soon as Nifty got above 8260.
Today at 9.30 AM it has failed the pattern.
We had a small loss in longs as they were created at 8260 and we exited at 8240.
Taking small loss is part of trading.
So we are out of longs and shorted heavily .
Stop loss for shorts : 8260 (Sustained Trading for 15- 20 minutes or big upmove above that level)
in Sensex Stop loss is :27300.
And initial target is 8140 in Nifty .
And if it fails to hold then we are going below 8000.
Update at 11 AM : new Stop loss is 8225 (Sustained Trading for 15- 20 minutes or big upmove above that level)
Update at 12 AM : new Stop loss is 8190(Sustained Trading for 5- 10 minutes or big upmove above that level)
Update at 12:30 PM :Got out of shorts at 8152 as first target was hit and market started bouncing back
Nifty Sensex Buy and Sell Levels 11th May 2015
Nifty is currently in no trading zone.
I will Buy if Constant trading for 10-15 minutes or big uptick above: 8252
I will Sell if Constant trading for 10-15 minutes or big Down tick below : 8159
No Trading zone: 8159-8252
I will Buy if Constant trading for 10-15 minutes or big uptick above: 27275
I will Sell if Constant trading for 10-15 minutes or big Down tick below : 26961
No Trading zone: 26961-27275.
Nifty Sensex are rising in spite of pessimism in global markets about India and FII selling.
Lets see if today they can go into bullish road pr will go for another round of fall as the trades discussed above are positional and will be carried forward to next trading session .
Nifty Sensex for 08 May 2015
Nifty and Sensex have been in severe downtrend for last several days.
Both are still short targets but stop losses of shorts have come down a lot.
Nifty last closed at 8057 .Stop loss for shorts is now at 8125 .
(There are two ways of triggering stop loss.One if Nifty trades above that level for 10 -15 minutes,Then exit is possible.Alternatively we can put a stop loss 20-25 points above this level,which will be triggered if nifty surged with a big uptick.)
If Nifty falls below this level again new shorts can be created (Again 15 -20 minutes trading or big down tick) .
Shorting at last closing level is also possible but not too tempting.
In Sensex stop loss for shorts is 26855.
This is not a market for creating new longs.But longs can be created if Nifty goes past 8266 and Sensex crosses 27320.