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Technical Analysis Simplified

The objective of this website is to introduce simple mechanisms for trading based on Technical Analysis. Understanding the market psychology, following a trading system consistently, entering and exiting trades in a disciplined manner all is essential for making consistent profits

IS THIS YET ANOTHER PAID TIPS SITE ?

Dear Readers, this is a purely non-profit initiative and will never become a paid site. Primary objective is to share as much information as possible from real life trading experience to help small traders earn consistently in the market.

Monday 25 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 25

Nifty Technical Analysis

We abstained from trading on Thursday and Friday due to expected volatility and unpredictable moves. You would have seen that the markets behaved very confusingly triggering stop losses.

It is now clear that the uptrend seen up to Diwali may not be sustained and soon we will see 5900-5880-5850 levels. Below this , the market could slip to 5700 and 5600.

Those who are holding  Swing calls, please exit if on profit, else strictly exit on stop loss level.

We are not initiating the promised mid cap portfolio for long term investors, will wait till 5800 and see if that level holds, be patient till then. Meanwhile, please hold on to the blue chip portfolio under Long Term Investment.


For Intraday trading on Nov 25 please follow the below levels of Nifty.:

Resistance Levels: 6020, 6050, 6080
Support Levels: 5950, 5930, 5880

Positive above: 6020
Bullish momentum above: 6050

Negative below: 6020
Bearish momentum below:  5950

Intraday Calls for Nov 25

Be careful in longs since most of the traders will be adopting sell on rise strategy. 

Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Please refer to our unique Intraday Trading Systems to generate your own trading calls. 



Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Wednesday 20 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 20

Nifty Technical Analysis

Market is likely to take a small pause or downward minor move and then move further up towards 6300. All our positional calls should be held with stop loss. Right now we are long in L&T, Tata Steel, Tata Motors, Asian Paints, Wipro. We booked 50 pointsprofits in Maruti bought at 1630. 

The level which was mentioned yesterday 6165 still remains the key level. Below this market will remain negative and a move towards 6100. 

For Intraday trading on Nov 20, please follow the below levels of Nifty:

Resistance Levels: 6225 and 6250
Support Levels: 6180, 6165

Positive above: 6225
Bullish momentum above: 6250

Negative below: 6180
Bearish momentum below: 6165

Intraday Calls for Nov 20

Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Please refer to our unique Intraday Trading Systems to generate your own trading calls. 



Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Today's Profits Rs. 12, 375/-

We had excellent results from pre-market calls on Nov 19. Readers made good profits. Please see below link for pre-market calls and the results.


Tuesday 19 November 2013

Short Term Positional Call L&T, Asian Paints - Buy

We opened several positional calls yesterday. Please read the below article to have a look.

Short Term Positional Calls for the week starting Nov 18

Today, I am adding two more stocks to this list. Holding period is 2 to 3 weeks.

1. L&T - Buy above 982 for a target of 1000 , 1020-40 with SL at 924.

2. Asian Paints - Buy above 531 for a target of 540-550-560 with SL at 509.

Nifty Technical Analysis and Intraday Calls for Nov 19

Nifty Technical Analysis

As written yesterday, Nifty uptrend has resumed and is likely to move up towards 6300 level. 


For Intraday trading on Nov 19, please follow the below levels of Nifty:

Resistance Levels: 6225  ,6250
Support Levels:

Positive above: 6165
Bullish momentum above: 6225

Negative below: 6165
Bearish momentum below:  6100

Intraday Calls for Nov 19

Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Please refer to our unique Intraday Trading Systems to generate your own trading calls. 



Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Monday 18 November 2013

Short Term Positional Calls for the week starting 18 Nov

Dear Readers

Markets made a fall from above 6300 levels to the support of 5980-6000 and bounced back smartly. Further upmove to the levels of 6250-300 is possible. 

For the trading on Nov 18, 6065 should be held for the market to be positive. Bullish momentum will be in tact above 6100. Support below 6065 is 6025-6000.

For positional trading with a holding period of 2-3 weeks, suggest buying in the following stocks with strict stoploss. Please book half the holding at first target and revise stoploss to buying price. Keep watch on index also. Nifty is unlikely to cross its previous high. Please start booking profits when Nifty reaches these level.

1. Tata Motors - Buy above 390 for a target of 400-420 with SL at 377
2. Tata Steel - Buy above 380 for a target of 400-420 with SL at 367
3. Maruti - Buy above 1630 for a target of 1650-1700 with SL at 1580
4. Bank of Baroda - Buy above 610 for a target of 620-640 with SL at 593.

TA Simplified

Wednesday 13 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 13

Nifty Technical Analysis

Nifty was very volatile today (Nov 12) and hence we abstained from trading for the day. Nifty has now broken the critical support level of 6080 and hence any bounce backs will be sold off. 6000 is the immediate support followed by 5980-50. Bounce back is possible from 5950. 

For Intraday trading on Nov 13, please follow the below levels of Nifty:

Resistance Levels:6080, 6140
Support Levels: 6000, 5980, 5950

Positive above: 6050
Bullish momentum above:6080

Negative below: 6000
Bearish momentum below: 5980

Intraday Calls for Nov 13

Due to volatality, number of calls will be less for few days. 


Tata Steel is a very risky call. Please trade according to your risk appetite, Please keep strict SLs.

Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Please refer to our unique Intraday Trading Systems to generate your own trading calls. 



Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Tuesday 12 November 2013

Review of today's calls Nov 11

Today was very volatile, we ended with no profits / no loss. It is better to wait and watch till the volatality subsides a bit.

Monday 11 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 11

Nifty Technical Analysis

Nifty closed just above our level of 6140 after the bounce from 6120. All these levels were identified in the pre-market calls on Friday.  Please read the pre-market calls for the last trading session here. With the overnight rally in US markets, markets are likely to hold this support and try to bounce back to the resistance level of 6200-30. 

For intraday trading on Nov 11, for markets to be positive, the level to be maintained is 6150. Above  6175 good move to 6200-30 could be observed. Exit all longs if Nifty slips below 6100.

Intraday Calls for Nov 11


Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Please refer to our unique Intraday Trading Systems to trade yourselves. 


Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Did you make profits of Rs. 22,000/- last week in trading ?

Our readers made a total profit of Rs. from pre-market calls. Please see the details below.

Tuesday 05 Nov: 4000/-
Wednesday 06 Nov: 6500/-
Thursday 07 Nov: 8050/-
Friday 08 Nov: 3500/-

Please check archives for the calls and trading results. 

Details of trades on Friday 08 Nov.

Friday 8 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 09

We had written on Nov 6 about Nifty divergence and sell signals from daily charts. Please read the post here - Nifty Technical Analysis and Intraday calls for Nov 6.

Nifty started falling continuously from that point and the crucial support of 6230-6200 is broken. Next support is at 6170 , 6140 and 6100. 

Nifty has clearly given sell signals with RSI closing below the 70 levels, MACD sell signal and Stochastics sell. Technically, this correction could go up to 6080 in the next few days. This view will continue until Nifty crosses 6230 on closing basis. 

For Intraday trading on Nov 09, Nifty will be negative below 6200. For any kind of bullish move, market should cross and sustain 6230-50 range. On the downward side, support exists at 6170-6140 and 6120. Bounce backs are possible from these levels. 

Intraday Calls for Nov 09




Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Today's profits Rs. 8,050/-

Highly volatile market today, the entire range of resistance and supports were tested. However our readers made good profits on small number of pre-market calls. Hope everyone enjoyed.



Thursday 7 November 2013

Nifty Technical Analysis and Intraday Calls for Nov 07

Nifty Technical Analysis

Nifty further corrected today as expected and closed in the vicinity of the crucial support level of 6230. Technically next support is at 6180-40 levels. However a rally in US markets could prevent further downfall in the markets today. Those who have gone short yesterday when 6230 level was broken will panic and there will be short covering based rise for initial trading hour. 6230 also happens to be the 10 day moving average, prompting shorters to carry positional shorts. 

For the trading on Nov 07, exit all longs if 6200 level is broken. Though there exists a support at 6180, this is a weak support and market could slide up to 6140. This is an excellent buying zone for short term traders. 

On the upper side, rally is US markets could push Nifty up to 6275 levels. 6300 is a solid resistance. This is followed by 6350 resistance. For the markets to remain positive, 6230 must be held. Above 6250, market could touch 6275. 

Intraday Calls for Nov 07

I am giving higher number of calls, since markets could swing any way tomorrow and we need to come out profitable. More calls could get triggered, please filter out based on your risk appetite. 


* Reliance : Sell if reliance rises above 914 and falls below that level and stays. 
* DLF; Sell if DLF rises above 158 and falls below that level and stays. 

Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening. 
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Wednesday 6 November 2013

Today's profits - Rs. 6500/-

Dear Readers

Despite volatility we made profits in pre-market calls. Since more calls got triggered, we have two stoplosses. 


Review of today's calls.

Nifty Technical Analysis and Intraday calls for Nov 06

Nifty Technical Analysis

As written in yesterday's pre-market analysis (Nifty Technical Analysis and Intraday calls for Nov 05) , Nifty was in correction mode and closed just above the critical level of 6250. 

Most of the swing traders were in profit booking mode from the Diwali session onwards and this is the reason, we had written not to buy any Muhurat or Diwali picks. RSI , MACD and Stochastics are showing negative divergences in the daily chart indicating weakness in the upward move. 

Also, please use these corrections to enter our long term portfolio. 


We can think of two buying zones as you see below - One is at the support level of 6200-6230 and the next at around 6080-6100. As written yesterday, I we will publish a mid cap portfolio at the right time. I have already added few stocks to the watchlist and observing for the past few weeks. 

For Intraday trading on Nov 6, Nifty needs to be above 6280 to remain positive. Below 6230, Nifty will be negative and next support level is at 6200 and 6080. Most likely Nifty will take support at this levels. On the upper side resistances are placed at 6280 and 6300. Above 6300, there will be bullish momentum which can take the market to next resistance level of 6320 and 6350.


Intraday Calls for Nov 6

Todays profits Rs. 4000/- on pre-market calls

We had two calls triggering today in the volatile session , both hitting the first targets. Hope everyone enjoyed.

Nifty Technical Analysis and Intraday Calls for Nov 5

Tuesday 5 November 2013

Nifty Technical Analysis and Intraday calls for Nov 5

Nifty Technical Analysis

Nifty need to cross 6355 to continue bullish momentum. Overcoming this seems to be tough with chances of profit booking this week. Next resistance is at 6400.

On the downward side, the support is at 6280 for intraday trading on 05 Nov. Exit longs below 6250. 

Those who wish to buy Diwali or Muhurat picks, do not buy now as advised by every broker and TV channels. Wait to buy at levels of 6100-200. Markets will correct to this level soon. I will be publishing a mid-cap based aggressive portfolio when the markets come down. 

Intraday Calls for Nov 05


Notes:
1. All levels are in cash. Please trade accordingly in futures
2. Buy above or sell below the levels given for a target of T1, T1 with strict SL.
3. Those who are trading in futures, please trade with 2 lots and book profits at T1.
4. Buy or Sell here does not indicate that the stock is positive or negative for the day.
   The calls are valid only if the levels are crossed.
5. Do not enter the trade if the target T1 is achieved within 15 minutes of opening.
 
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.

Please do not trade blindly on these levels. A buy position should be supported  by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created. 


Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade. 

All the views and content mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome. 

Subscribe for the posts in your favorite RSS reader. Subscribe to twitter feeds/ Facebook for real time updates. Please leave your message at Contact Me form. 

Saturday 2 November 2013

Update 2 - Long Term Investment Portfolio from Technical Analysis SImplified

Dear Readers

We entered into our long term portfolio in September, when the markets were quite indecisive and either side movements were possible. This week markets touched all time high and so do our portfolio. There are some stocks which are still in the buy zone, while others may be added on dips of 5 to 10%. 

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