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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.

Tuesday 7 October 2014

Nifty Techical Analysis and Intraday Calls for Oct 7

Nifty Technical Analysis

Nifty should cross 7960 to remain positive on Oct 7. 8000 is the next resistance, if broken next target will be 8040. Support is at 7900, below which heavy profit booking could happen. 

For Intraday trading on Oct 7, please follow the below levels of Nifty:

Resistance Levels: 7980-8000
Support Levels: 7920-7900

Positive above: 7960
Bullish momentum above:8000

Negative below: 7920
Bearish momentum below: 7900

Intraday Calls for Oct 7

Wednesday 1 October 2014

Nifty Technical Analysis and Intraday Calls for Oct 1

Nifty Technical Analysis

Nifty should cross 7980 to remain positive on Oct 1. 8000 is the next resistance, if broken next target will be 8040. Support is at 7850, below which heavy profit booking could happen. Lower side targets are  7800-7750 in next few days.

For Intraday trading on Oct 1, please follow the below levels of Nifty:

Resistance Levels: 7950-8000
Support Levels: 7990-7850

Positive above: 7980
Bullish momentum above:8030

Negative below: 7940
Bearish momentum below: 7900

Intraday Calls for Oct 1

Today's profits . Rs.10,000/-

Dear Readers

Below are the trading results based on pre-market calls given today before market opening. 
Entry and exit are strictly based on the rules below.
Readers can try the trades either in cash or single/ multiple lots in futures. 

Results of today's trades:

Scrip Action Above Below T1 T2 SL Target Lotsize Profit/Loss Remarks
TCS Buy 2800 2810 2830 2770 x Did not trigger
Cipla Buy 623 625 627 614 T2 1000 4000 Target T2 achieved
Maruti Buy 3030 3040 3050 3010 T2 125 2500 Target T2 achieved
Infosys Buy 3760 3770 3780 3745 x Did not trigger. Days high was 3756
LT Buy 1488 1492 1496 1465 T2 250 2000 Achieved T2
SSLT Sell 271 270 269 273 x No trade since target achieved at open
Axis Bank Sell 383 382 380 386 x No trade since target achieved at open
ICICI Bank Sell 1445 1440 1435 1455 T2 250 250 Target T2 achieved
Hero Motors Sell 2830 2820 2805 2855 T1 125 1250 Target T1 achieved
Tata Steel Sell 464 463 462 467 x No trade since target achieved at open
10000

1. Buy Above or Sell Below the levels given for a target T1 or T2 with SL 2. Do not enter if target is achieved already 3. Always trade in two lots and book 1 lot at T1 4. All levels above are in cash. Please trade accordingly in futures

For all previous trading results please refer


Technical Analysis Simplified.

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