05-Jun-2013 Wednesday Intraday and Positional Call
IF INFOSYS HOLD 2440-2423 THEN BULLISH.
IF RELIANCE HOLD 802-811 THEN BULLISH.
BUY ONLY IF NIFTY SPOT CROSS 5947-5991 OTHERWISE IF NIFTY SPOT BREAK 5892-5868 THEN SELLING WILL START.
NEW:- NIFTY FUTURE YEARLY TARGET 01-01-2013 TO 31-12-2013
1 | NIFTY FUTURE | BUY ABOVE @ | 6204.7 | TARGET | 6457 | 6945 | 8374 | STOP LOSS | 5490.2 |
2 | NIFTY FUTURE | SELL BELOW @ | 5490.2 | TARGET | 5028 | 4087 | 2658 | STOP LOSS | 6204.7 |
ALL STOP LOSS ARE BASED ON CLOSING BASIS.
RISKY BUT PROFITABLE:-
NIFTY FUTURE:- RESISTANCE 5971 AND SUPPORT 5894.
NF IF CROSS 5971 THEN HUGE BUYING WILL START BUT IF BREAK 5894 THEN BLOODBATH WILL CREATE.
IF NF DO NOT CROSS 5991-5998 THEN SHARP FALL CAN BE SEEN.
IF NF OPEN HIGHER THEN SHORT NEAR 5991-5998 SSL-6004 TARGET 5957 TO 5932. IF CROSS 6004 THEN NF BULLISH.
SELL NF NEAR 5991-5998 SSL-6004 TARGET 5892 -5856.
BUY NF NEAR 5303-5279 SSL-5260 TARGET 5337-5363. IF BREAK 5260 THEN SHARP CORRECTION CAN BE SEEN.
IF NF OPEN NEAR THEN BUY 4747-4735 SSL 4729 TARGET 4772-4834.
IF CLOSE BELOW 4881 THEN AN0THER SELL OFF WILL START
IF NIFTY SPOT CROSS AND HOLD 6016-6036 THEN NO PROBLEM BUT IF BREAK 5916-5887 THEN HUGE SELL OFF CAN SEEN.
INTRA DAY TIPS:-
1 | NIFTY FUTURE | 27-Jun-13 | BUY ABOVE @ | 5964.9 | TARGET | 5998 | 6043 | 6137 | STOP LOSS | 5918.0 |
2 | NIFTY FUTURE | 27-Jun-13 | SELL BELOW @ | 5918.0 | TARGET | 5904 | 5856 | 5762 | STOP LOSS | 5964.9 |
3 | BANKNIFTY | 27-Jun-13 | BUY ABOVE @ | 12340.0 | TARGET | 12392.7 | 12498 | 12667 | STOP LOSS | 12236.8 |
4 | BANKNIFTY | 27-Jun-13 | SELL BELOW @ | 12262.1 | TARGET | 12236.8 | 12186 | 12044 | STOP LOSS | 12392.7 |
This calculator is being developed Using Nike Stott's Camarilla Equation and it is Useful for the Day Traders.
Nifty Future
L 4 = | 5891.71 | H 4 = | 5973 |
L 3 = | 5912.03 | H 3= | 5952.67 |
L 2 = | 5918.8 | H 2 = | 5945.9 |
L 1 = | 5925.58 | H 1 = | 5939.12 |
f Price hit the H3 or L3 then open the trade against the trend. with stop loss H4 or L4. If Price hit the H4 or L4 then open the trade in the direction of the trend. with stop loss H3 or L3. better approach will be apply the volatility method or Gann mid point method to identify the trend then use camarilla method for better success
Nifty Future Buy Above Resistance 1 and sell below Support 1
Pivot = | 5949.42 | Pivot = | 5949.42 |
Resistance 1 = | 5977.83 | Support 1 = | 5903.93 |
Resistance 2 = | 6023.32 | Support 2 = | 5875.52 |
Resistance 3 = | 6051.73 | Support 3 = | 5830.03 |
Call Option Buy-Stop loss-Targets are 6000 MAY. CALL
STOCK AT | 5945.2 | STOPLOSS | 5919.52 | TARGET1 | 5958.06 | TARGET2 | 5970.94 | TARGET3 | 5996.72 | TARGET4 | 6009.62 |
BUY CALL AT | 124.48 | STOPLOSS | 103.45 | TARGET1 | 132.01 | TARGET2 | 139.81 | TARGET3 | 156.15 | TARGET4 | 164.69 |
Put Option Buy-Stop Loss- Targets are 6000 MAY. PUT
STOCK AT | 5919.52 | STOPLOSS | 5945.2 | TARGET1 | 5906.7 | TARGET2 | 5893.9 | TARGET3 | 5868.34 | TARGET4 | 5830.09 |
BUY PUT AT | 89.35 | STOPLOSS | 74.27 | TARGET1 | 94.82 | TARGET2 | 100.51 | TARGET3 | 112.54 | TARGET4 | 132.27 |
AS PER VOLATILITY BUY AND SELL PRICE
BUY AT
Buy | 5997.69 |
Stop loss | 5920.71 |
Target -1 | 6036.18 |
Target -2 | 6056.51 |
Target -3 | 6074.67 |
Target -4 | 6092.84 |
SELL AT
Sell | 5920.71 |
Stop loss | 5997.69 |
Target -1 | 5882.22 |
Target -2 | 5861.89 |
Target -3 | 5843.73 |
Target -4 | 5825.56 |
Expected maximum price range 6113 and expected minimum price range 5805 as per volatility
INTRADAY BINOMIAL TARGET FOR NIFTY FUTURE HIGHLY RISKY TRADE
BUY ABOVE | 5958.1 | TGT | 5983.8 | 6009.5 | 6035.2 | 6060.9 | 6086.6 | SL | 5897.7 |
MOVABLE SSL | | SSL | 5958.1 | 5983.8 | 6009.5 | 6035.2 | 6060.9 | | |
SELL BELOW | 5906.6 | TGT | 5880.9 | 5855.2 | 5829.5 | 5803.8 | 5778.1 | SL | 5967.0 |
MOVABLE SSL | | SSL | 5906.6 | 5880.9 | 5855.2 | 5829.5 | 5803.8 | | |
BINOMIAL TARGET FOR BANK NIFTY HIGHLY RISKY TRADE
BUY ABOVE | 12340.5 | TGT | 12393.8 | 12447.0 | 12500.3 | 12553.5 | 12606.7 | SL | 12215.6 |
MOVABLE SSL | | SSL | 12340.5 | 12393.8 | 12447.0 | 12500.3 | 12553.5 | | |
SELL BELOW | 12234.1 | TGT | 12180.8 | 12127.6 | 12074.3 | 12021.1 | 11967.9 | SL | 12359.0 |
MOVABLE SSL | | SSL | 12234.1 | 12180.8 | 12127.6 | 12074.3 | 12021.1 | | |
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Disclaimer:
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This opinions mentioned therein are for informational purposes and is not a recommendation or an offer or solicitation of an offer to any person with respect to the purchase or sale of the stocks/futures discussed in this report. We (all the PSP editor’s) do not accept any liability arising from the use of this document
All technical chart and daily tips prepared for educational purposes only.
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