Tuesday, November 10, 2009

Nifty and Banknifty

NIFTY AND  BANKNIFTY performance updated



NIFTY :http://niftyreport.blogspot.com/2009/11/nifty-performance.html
BankNifty: http://niftyreport.blogspot.com/2009/11/banknifty-performance.html



Nifty,
Long only above 4962 targets 4994,5015 5050
and
Short only below  4925 targets 4891, 4874 4833

[11.20]  Nifty short target 1 achieved...made 34 points profit...at present Nifty made low at 4888.20 :) :) :)

[11.31] Nifty 1 lot exited at 4891 and keeping 4904 as TSL waiting for target 2 on other lots :) :)


[11.54] Nifty short other lots TSL hit at 4904.. EXITED...made 21 (4925-4904) point profit on these lots :) :)


[12.35] Again Shorted Nifty (2 lots) at 4911 keeping 4926 as SL.

[12.55] Nifty shorted @ 4911 target 2 achieved at 4874  :) :) made 37 point profit...as of now total of (34+37) = 71 points profit :) :)



[1.04] Keeping 4874 as TSL waiting for 4848, 4833

[1.06] 4874 TSL HIT EXITED


[1.07] Exited from all Shorts at 4874 made 71 points profit today :) :)


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Banknifty

Long only above 9241.50 targets 9326, 9385, 9465
And
Short only below 9171 targets 9086, 9016,8947

[1.17] BankNifty short is not moving much as of now it made a low at 9100 which is 14 points away from my target1 waiting... waiting... waiting...

[1.21] Keep 9140 as TSL on BankNifty and wait for target1

[1.28] Banknifty short TARGET 1 Achieved :) :) made 85 points profit :) :)

[2.04] Keeping 9148 as SL again went short on BankNifty @ 9117


[2.51] BankNifty SL hit at 9148 made -31  :(




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8 comments:

  1. Uma you are talking about number of lots in your comments. Can i ask you how many lots have you entered in today's trade ;). If you have any specific number let me know i would also be intereted :-D

    ReplyDelete
  2. Murali...number of lots differ from person to person...I am pretty sure you know that i can enter 20 lots everyday :)...but today entered only 5 lots...1 exited at target1 4891 and remaining 4 exited at 4904.

    ReplyDelete
  3. Uma.... in full swing today with multiple lots :-D.

    ReplyDelete
  4. Wow Uma... you minting :-D...... Wish you all the best and i wish your levels keep achieving everyday like this....

    ReplyDelete
  5. Sir,
    After reach the first target your second attempt to short at 4911 amazed me.
    I want the guidence in your out of focus area for delivery based trade. Currently i am using 3/15 EMA cross over with RSI for my delivery position. Some whipsaw force to close the position in negative. To over come this issue please guide when you get free time.

    Thanks & Regards,
    S.Saravanan

    ReplyDelete
  6. Saravanan...give a try on this strategy, many times i follow this...it works awesome.
    http://niftyreport.blogspot.com/2009/10/3-simple-moving-average-system.html

    ReplyDelete
  7. Sure... I do back test and get back with you.
    Thanks

    ReplyDelete