In the month of September 2013, after the nomination of Shri. Narendra modi as BJP's PM candidate we have seen markets getting stronger. Market participants started expecting NDA will form govt at center. As the the exit polls were out, we saw markets creating new all time high, ahead of actual results. On the day of results declaration, we saw nifty touching all time high of 7600, but in last few ... [Continue Reading]
Nifty future bullish for Medium term, Correction is a Gift
Watching the weekly chart of nifty future I came up with a conclusion that nifty future is in up trend for medium term. Every pullback or correction that we see must be solid trading opportunity for going long (Buying) on nifty future. Traders can take the help of indicators like slow stochastic to enter the trades, i.e time their long entries on nifty future. Here is daily chart of ... [Continue Reading]
Intraday: Nifty future seeing buying on lower levels, Bullish for today
Nifty future has corrected by 1.25% today, I am seeing buying at lower levels on intraday charts of nifty future. I think Nifty is forming some base for intraday bounce around 4855 zone, so I suggest traders to go long on nifty future around 4855 zone for intraday gain of 25 points and stop loss of 15 points. Indian Rupee is also looking stable on charts, this would help nifty future to move ... [Continue Reading]
Nifty Options Strategy for Trading Bullish Market, Entering the Market
Nifty Option trading strategy when markets are bullish, in this strategy I will be teaching how to check if markets are still bullish then we will see how to trade Nifty option (call option in this case). First thing you need to check is trend just open your charting software and see nifty future daily chart. Now in that chart sense the direction if it is up then markets are in uptrend, in case of ... [Continue Reading]
