Nifty future levels [ santhosh view]

[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 15 JUN 2011

TREND RESISTANCE : 5603 - 5611.

TRADING WAVE RESISTANCE : 5523 - 5535.



TRADING WAVE SUPPORT : 5496 - 5490.

TREND SUPPORT : 5413 - 5407.

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NIFTY FUTURE BULLISH ABOVE : 5523

TARGETS : 5608 - 5661 - 5747.



BEARISH BELOW : 5490

TARGETS : 5404 - 5351 - 5265.



[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE BREAK DOWN TARGET 5370...... TRADE WITH STOP LOSS.

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Posted by jackpotoption at 6/15/2011 08:52:00 AM

 

[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 16 JUN 2011



TREND CHANNEL RESISTANCE : 5511 - 5522.

NEG BREAKDOWN TRADING RESISTANCE : 5476 - 5489.



TRADING CHANNEL SUPPORT : 5401 - 5394.

TREND SUPPORT : 5360 - 5353.

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NIFTY FUTURE BULLISH ABOVE : 5477

TARGETS : 5515 - 5540 - 5579.



BEARISH BELOW : 5462

TARGETS : 5423 - 5399 - 5360.



[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE BREAK DOWN TARGET 5370...... TRADE WITH STOP LOSS.

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Posted by jackpotoption at 6/16/2011 08:12:00 AM

 

[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 17 JUN 2011


TREND CHANNEL RESISTANCE : 5500 - 5508.

NEG BREAKDOWN TRADING RESISTANCE : 5468 - 5477.


TRADING CHANNEL SUPPORT : 5379 - 5372.

TREND SUPPORT : 5350- 5342.

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NIFTY FUTURE BULLISH ABOVE : 5433

TARGETS : 5474 - 5500 - 5542.


BEARISH BELOW : 5417

TARGETS : 5379 - 5350 - 5309.


[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE BREAK DOWN TARGET 5370...... TRADE WITH STOP LOSS.

IF NIFTY FUTURE IF TRADE AND HOLD BELOW OUT TREND SUPPORT THEN NEXT FRESH BREAK DOWN TARGET 5280

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Posted by jackpotoption at 6/17/2011 09:05:00 AM

 

[santhosh2010]

NIFTY FUTURE 5370 TARGET DONE

 

[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 20 JUN 2011

H AND S PATTERN NECKLINE TREND RESISTANCE : 5458 - 5468.

NEG BREAKDOWN TRADING RESISTANCE : 5432 - 5440.


TRADING CHANNEL SUPPORT : 5356 - 5346.

TREND SUPPORT : 5328- 5316.

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NIFTY FUTURE BULLISH ABOVE : 5401

TARGETS : 5440 - 5464 - 5504.


BEARISH BELOW : 5385

TARGETS : 5345 - 5321 - 5282.


[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE FRESH BREAK DOWN TARGET 5280 ,,,,TRADE WITH STOP LOSS

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[santhosh2010]

NIFTY 2008 VS 2011

NIFTY FUTURE IMPORTANT LEVELS FOR 21 JUN 2011

TREND CHANNEL RESISTANCE : 5471 - 5481.

NEG BREAKDOWN TRADING RESISTANCE : 5376 - 5391.


TRADING WAVE SUPPORT : 5229 - 5213.

TREND CHANNEL SUPPORT : 5149- 5131.

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NIFTY FUTURE BULLISH ABOVE : 5264

TARGETS : 5345 - 5395 - 5477.


BEARISH BELOW : 5232

TARGETS : 5150 - 5100 - 5018.


[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE BROKE THE IMPORTANT TREND LINE IN YESTERDAY TRADING.
NOW TRY TO FACEING STRONG RESISTANCE AT OUR TRADING RESISTANCE AREA IN COMING DAYS .

NIFTY FUTURE ONCE FACEING RESISTANCE AT OUR TRADING RESISTANCE AREA THEN EXIT YOUR ALL LONGS ... WHY ? ...AS PER FRESH BREAK DOWN, TARGET 4050 [ POSITIONAL VIEW ]

TRADE WITH STOP LOSS, STOP LOSS IS ABOVE THE TRADING RESISTANCE LEVEL [ CANDLE CLOSING BASIS ]
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[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 22 JUN 2011



BREAK-DOWN CHANNEL TREND RESISTANCE : 5370 - 5379.

NEG BREAKDOWN TRADING RESISTANCE : 5330 - 5343.




TRADING WAVE SUPPORT : 5240 - 5232.

TREND WAVE SUPPORT : 5176 - 5168.

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NIFTY FUTURE BULLISH ABOVE : 5300

TARGETS : 5343 - 5370 - 5415.


BEARISH BELOW : 5283

TARGETS : 5239 - 5212 - 5168.


[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

------------

NIFTY FUTURE FACEING STRONG RESISTANCE AT OUR TREND RESISTANCE LEVEL.

------------

 

[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 23 JUN 2011


BREAK-DOWN CHANNEL TREND RESISTANCE : 5370 - 5379.

NEG BREAKDOWN TRADING RESISTANCE : 5330 - 5343.



TRADING WAVE SUPPORT : 5240 - 5232.

TREND WAVE SUPPORT : 5176 - 5168.

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NIFTY FUTURE BULLISH ABOVE : 5295

TARGETS : 5322 - 5339 - 5366.



BEARISH BELOW : 5284

TARGETS : 5257 - 5240 - 5213.




[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE FACEING STRONG RESISTANCE AT OUR TREND RESISTANCE LEVEL.

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[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS FOR 24 JUN 2011


NEGATIVE BREAK-DOWN TREND RESISTANCE : 5382 - 5393.

EOD BREAKDOWN TREND LINE TRADING RESISTANCE : 5354 - 5362.


TRADING WAVE SUPPORT : 5291 - 5278.

TREND WAVE SUPPORT : 5228 - 5217.

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NIFTY FUTURE BULLISH ABOVE : 5308

TARGETS : 5354 - 5382 - 5428.


BEARISH BELOW : 5291

TARGETS : 5245 - 5217 - 5171.


[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]

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NIFTY FUTURE FACEING STRONG RESISTANCE AT OUR TREND RESISTANCE LEVEL.

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[santhosh2010]

NIFTY FUTURE IMPORTANT LEVELS 15 NOV 2011

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MA BAND TREND RESISTANCE : 5252 - 5270


HEAD AND SHOULDER PATTERN NECKLINE

TRADING RESISTANCE : 5185 -5177.


PARALLEL LINE

TRADING SUPPORT : 5122 -5112



FIBO RETRACEMENT [ 50% ]

TREND SUPPORT : 5086 - 5073

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NIFTY FUTURE INTRADAY TRADING LEVELS


NIFTY FUTURE BULLISH ABOVE : 5210

TARGETS : 5271 - 5310 - 5372.STOP LOSS 5186



NIFTY FUTURE BEARISH BELOW 5186

TARGETS : 5124 -5086 -5024.STOP LOSS : 5210

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NIFTY FUTURE POSITIONAL VIEW

NIFTY FUTURE HOURLY CHART NOW FORMING "HEAD AND SHOULDER PATTERN ".NIFTY FUTURE ONCE TAKE RESISTANCE AT PATTERN NECK LINE THEN TAKE POSITION SHORT ENTRY WHO ONE MISS YESTERDAYS POSITIONAL SHORTS.

AS PER PATTERN BREAK-OUT TARGET IN DOWN SIDE : 4858.

POSITIONAL TRADERS KEEP STOP LOSS AT OUR TREND RESISTANCE.

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Study drawing tool IN AMIBROKER

Parallel line

This tool allows to draw a series of parallel trend line segments. First you draw a trend line as usual, then a second line parallel to the first is automatically created and you can move them around with the mouse. Once you click on the chart it is placed in given position. Then another parallel line appears that can be placed somewhere else. And again, and again. To stop this please either press ESC key or choose "Select" tool.

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Trading Signals in head and shoulder pattern

Go short at breakout below the neckline.

Place a stop-loss just above the last peak.

After the breakout, price often rallies back to the neckline which then acts as a resistance level. Go short on a reversal signal and place a stop-loss one tick above the resistance level.



Never trust a head and shoulders pattern where the neckline is clearly ascending (the second trough being higher than the first). Also, the more level the neckline, the more reliable the pattern.