Daily Trading Strategies
Trading strategy for 16/03/2017 :
“SAME AS YESTERDAY’S REPORT”.
Nifty spot: BUY on dips.
Buying zone approximately: (9040-9015) spot levels.
BANK NIFTY spot: Buy on dips.
Trading strategy for 17/03/2017 :
NIFTY spot if holds 9120 it can still move up.
All long positions are to be held with stop loss @ 9110.
BANK NIFTY spot long positions to be held for a target of 21000 and above.
Trading strategy for 14/03/2017.
Since U.S Fed rate announcement is on the offing tomorrow @ 2p.m. market is set to correct a bit.
But the overall trend is bullish so traders are advised to apply a strategy of “BUY ON DIPS”.
NIFTY spot to be bought between (9060 – 9000) levels for a move to 9120 and then towards 9250.
Stop loss @ 8990 on closing basis. BANK NIFTY spot to be bought somewhere around 20700 for a move towards 21300 to 21500 levels
Trading Strategy for 6/03/2017 :
Market is all set to take a upside tick.
Nifty spot will have a gap up open and as it moves up traders can book profit around 8960 spot or apply stop loss @ 8920 & trail it as nifty moves on upside.
Bank nifty spot.
With Stop loss @ 20450, book profits around 20720 spot.
Trading Strategy for 05/03/2017 :
Postings for the week ahead.
Movement of markets will depend on 2 factors
1) U.S. fed announcements about interest hikes.
2) U.P. election results.
Now U.S. Fed interest hike is going to take place for sure and this will have negative impact on Indian markets and market will fall on this news.
U.P. election results, if B.J.P. will not get majority then they cannot pass imp bills as their majority in the rajya Sabha will be less to vote for the same. The results will be declared on 12th March.
This will impact sentiments and market will fall. If B.J.P. gets absolute majority then there is chance for market to create new high but will be short lived. And even after this the market will take a U turn.
Technically markets are over stretched. THE WREST TECHNICAL DIRECTIVES FOR MONDAY WILL TOMORROW OR EARLY HOURS ON MONDAY.
Trading Strategy for 2/03/2017 :
Profit booking @ higher levels to emerge today at closing hours.
To wait for closing hours to make decisions
Stop loss for bank nifty spot : 20910 for shorts.
Stop loss for nifty spot: 8975
WATCH OUT TRADERS
As posted today’s strategy at 8-30am, well before market opened.
This morning, Stop loss for bank spot written was 20910. BANK spot reached 20905 and slipped down to close 200+ points negative.
Spot nifty opened well above stop loss method and there was no room to apply stop loss.
Also was mentioned this morning tat Profit booking will emerge @ higher levels towards closing hours and THE SAME HAS HAPPENED.
Also was written TO WAIT FOR CLOSING HOURS TO TAKE DECISION.
since 2 to 3 days everything was predicted well and hope traders have made some handsome money though the market moved upwards only yesterday.
The reason for market to move up yesterday was news driven i.e. about Trump’s speech.
HOPE TRADERS HAVE TAKEN SHORT POSITIONS ONCE AGAIN TOWARDS THE CLOSING HOURS TODAY.
Trading strategy for 28/02/2017 :
HOPE ALL TRADERS GOING THROUGH THIS BLOG HAS READ SUNDAY’S TECHNICAL ANALYSIS.
Written: FROM 27TH FEB TO 13TH MARCH MARKET TO REVERSE DIRECTION. EUPHORIA TO BE CREATED.
FOR TOMORROW: Now bank nifty has broken support and closed below 20740. Remember bank nifty is leading indicator in this run.
Hope traders have initiated short positions today on bank nifty.
For tomorrow it is “sell on rise” strategy to be used for bank nifty & nifty both. With stop loss @ 20800 spot short bank nifty @ higher levels.
With stop loss @ 8970 nifty spot short nifty @ higher levels for targets around 8550 spot levels(short term).
Trading Strategy for 27/02/2017 :
Short and Medium Term Traders:
Stay away from market for couple of days.
For very short term traders who trades daily/1-2 days perspective:- Nifty spot Holding 8888 it will reach 9000spot.
Stop loss: 8880. BANK nifty spot it will reach 21200-22000.
Stop loss: 20740.
First symptoms of bearishNess :-
- If Nifty spot breaks 8888
- If nifty spot closes below 8850. If Bank nifty closes below 20750.
If the above conditions meet then bear run will start.
Trading Strategy for 23/2/2017 :
Since spot nifty closed above 8910 spot it has got potential to still surge ahead, since tomorrow being expiry, traders are advised to be on the defensive.
Nifty may again try to move above 8960 spot tomorrow but it has to stay above 8888 spot. Stop loss= 8888 spot.
For short term:- close below 8825 then nifty is bearish. But nifty close above 8970 spot then it becomes bullish. Since bank nifty has once again closed above 20750 spot it has got potential to reach 21000 spot.
Trade with caution on higher levels for tomorrow and for few days more.
Trading Strategy for 22/2/2017 :
Nifty spot tomorrow will reach (8965 – 8970). But close above 8910 spot will surge up to (9000 – 9050).
Stop loss = below 8850 spot.
Bank nifty spot, since closed above 20750 now will reach (21080-21100). It Wil reach minimum 20000.
Stop loss below 20450.
Close below 20450spot then it will slide down to (20330-20150).
Traders are advised to read the above and understand properly and trade according to the above mentioned.
Trading Strategy for 21/2/2017 :
Nifty spot will reach 8920. On break above 8920 it will reach 8965 – 9000 spot levels. Stop loss = 8820 spot.
Bank nifty spot will reach 20750. On close above 20750 will reach 21000 spot. Stop loss= 20350.
Traders can rise stop loss levels as and when spot nifty and bank nifty moves up.
Trading Strategy for 20/2/2017 :
Nifty today if closes above 8825 spot then buy nifty, also today if it crosses 8840 spot, then buy nifty.
Since nifty is trading between 8820 – 8830 likely to surge upside.
Bank nifty spot if closes below 20450.
Then sell bank nifty. Bank nifty Stop loss for long positions 20350
Strategy Expert : Vasant Kumar (https://www.linkedin.com/in/vasant-kumar-44628a40/)