Trading Nifty without Nifty

ajeetsingh

Well-Known Member
#41
BankNifty Future
R1=18360, R2=18450, R3=18565 (for R3, stay abv R2 must for sometime)
For BNF, I will be cautious at higher levels
S1=18250, S2=18200, S3=18075, S4=17920 (for S3, stay blw S2 must for sometime)
For BNF, 18200 is crucial support for me or we can say spot rate of 18145



Nifty Future
R1=8195, R2=8225, R3=8255, R4=8285 (R3 and R4 if stays abv R2)
S1=8150, S2=8130, S3=8090 (if stays blw S2)
8225 and 8130 are crucial levels for today !!!


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ajeetsingh

Well-Known Member
#42
BankNifty Future
R1=18360, R2=18450, R3=18565 (for R3, stay abv R2 must for sometime)
For BNF, I will be cautious at higher levels
S1=18250, S2=18200, S3=18075, S4=17920 (for S3, stay blw S2 must for sometime)
For BNF, 18200 is crucial support for me or we can say spot rate of 18145


Nifty Future
R1=8195, R2=8225, R3=8255, R4=8285 (R3 and R4 if stays abv R2)
S1=8150, S2=8130, S3=8090 (if stays blw S2)
8225 and 8130 are crucial levels for today !!!
Sold Nifty at 8188 at around 9.26 after it failed to breach R1
covered 8175
Gain: 13 points
Total since 18 Nov 2016= 160 points
Total No. of Trades: 07

At same time bought BNF at 18378 as it breached R1
just covered at R2 18450
Gain: 72 points
Total since 18 Nov 2016= 201 points (adjusted as per nifty)
Total No. of Trades: 08

NO trade in stocks
 

ajeetsingh

Well-Known Member
#43
-

BankNifty Future
R1=18750, R2=18830, R3=18950, R4=19100
(for R3& R, stay abv R2 must for sometime)
S1=18620, S2=18575, S3=18470, S4=xxxx
(for S3, stay blw S2 must for sometime)
BNF looks strong, so will look for buying oppurtunity....



Nifty Future
NO Trade !!!

KotakBank has good resistance @ 760
if it breaks then next resitances are at 766 and 770

Today I will focus only on FnO stocks from Auto parts, Iron & Steel,
Oil exploration & marketing and IT software
 

ajeetsingh

Well-Known Member
#44
Re: -

BankNifty Future
R1=18750, R2=18830, R3=18950, R4=19100
(for R3& R, stay abv R2 must for sometime)
S1=18620, S2=18575, S3=18470, S4=xxxx
(for S3, stay blw S2 must for sometime)
BNF looks strong, so will look for buying oppurtunity....



Nifty Future
NO Trade !!!

KotakBank has good resistance @ 760
if it breaks then next resitances are at 766 and 770

Today I will focus only on FnO stocks from Auto parts, Iron & Steel,
Oil exploration & marketing and IT software
Banknifty touched exactly R1 then started falling.... as today I expected both nifty and bnf to go side by side and nifty also dont showed strength so shorted BNF after it unable to hold 750
sold 732 and just covered 660

Gain: 72 points
Total since 18 Nov 2016= 242 points (adjusted as per nifty)
Total No. of Trades: 09
 

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