Wednesday, November 11, 2009

Nifty and Banknifty

Nifty and BankNifty performance updated



Nifty
Long only above 4907 for targets 4942, 4960, 4998.20
And
Short only below 4870 for targets 4832, 4809, 4776


[11.26] Nifty gave a false short signal at 4870 and fallen only 2.65 points to make low at 4867.35 :( ...hope no one got trapped on this false short signal, if so open price stop loss would have hit :( :( ...lost 17 points :((


[11.47] Nifty Long entered at 4907 and exited at 4930 made 23 points profit...so total of (23-17)= 6 points profit for today

[11.52] Nifty is getting flat at 4930 i don't want greed/fear emotion to risk my money...so better safe exit...I will try to enter after 1:00 PM

[12.02] Nifty Long target 1 achieved :) :) made 35 points and total of (35-17) = 18 points profit :) ...but I exited at 4930

[12.50] Nifty target 2 achieved :) made 53 points profit and total of (53-17) = 36 points profit today :) :)

[1.00] Shorted Nifty at 4958 keeping 4970 as Stop loss for target 4948, 4939, 4927, 4891


[1.34] Short Stoploss hit EXITED loss of 12 points :(

[1.35] It look like Nifty want 5017 today...lets wait and see

[3.08] As expected Nifty crossed 5000 and made high as of now at 5008.95 :) :), which is 10 points away from my target 5017 :) :)


[3.15] Nifty please show 5017 today

[3.24] NIFTY MADE 5017 as expected at 1.35PM
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BankNifty

Long only above 9199 for targets 9294, 9339, 9421
And
Short only below 9130 for targets 9035, 8990, 8908


BankNifty short Stop loss hit at 9165 made loss of 35 points

BankNifty Long at 9199 target 1 achieved made profit of 95 points and total profit of (95-35) = 60 points :)

Wait for my exit level on BankNifty


BankNifty Target2 achieved made made 140 points and total of (140-35) = 105 points profit :) EXITED


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17 comments:

  1. Sir,
    Initiate position after candle close ?

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  2. I am the victim of this false breakout. That's why i ask whether to initiate position after the candle close. Any way i was recovered through long.
    S.Saravanan

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  3. Sara, sorry i could understand your question

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  4. Breaking 4870 its should fall at least 20 points from that level...but Nifty got bounced from that level, that itself a clear indication to go long.

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  5. Its ok sir... Thanks for your Care...

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  6. Nifty just missed Target 2 by 4 pts.

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  7. Nifty Target2 Achieved Congrats Uma....

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  8. Did anyone noticed BankNifty silently it achieved target 1 and as of now behind target 2 by just 4 points

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  9. Yes Bank nifty is moving really silently like a silent killer. Great levels today also Uma... And Nifty also all targets achieved and moving towards the level (5017)that you wanted.

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  10. Bank Nifty Target 2 achieved :) 140 points profit as of now

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  11. Nifty please please please show 5017 today :) :)

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  12. how many of you booked 100% at 5017 please let me know???

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  13. I mean Nifty Longed at 4907 and booked at 5017

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  14. I longed at 4980 and booked at 5017

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  15. 5017 done Uma... today... You got wat you wanted :-D

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