Technical Analysis for Nifty

Nifty Trading strategy along with Trading Levels for the Next week -

 

Technical Analysis for Nifty

Posting the Market Insight and Observations for trading Nifty in the coming Week.

Technical Analysis for Nifty

Nifty is trading at a very important juncture after almost a month of range bound trading between apprx. 5900-5700 levels . Posting a Technical analysis corelating the Indicators,Volume Profile, Moving Averages ,Trendlines, Patterns, Option analysis ,Fibonacci and Elliott wave data , to gauge the further movement in short term and formulate a trading startegy for the next week.
 

Technical Analysis for Nifty Trading

Analyizing Nifty through a combination of Technical analysis methods as Trendlines, Moving averages , Fibonacci , Volume Profile, Elliott waves  and Options data to get a Trading Plan for the next week.

Technical Analysis for Nifty

Let us check out the short term probabilities for Nifty trading based on Elliott Wave analysis and corelating it with other TA methods to get an insight of what is in store and a Trading Strategy to gain out of it.

Nifty Trading for Next Week

This Week is a trucated one with only three trading sessions. Plan accordingly.
Trade as per the charts  below keeping important volume and price levels in sight. 

Nifty Update

Here are few observations updated for trading Nifty this week.

Nifty Trading Analysis for Next Week

Nifty has shooted up from the recent lows whole of the last week and before. It is an important Week ahead to test the Supports and Price action there . Lets see what is in store for the next Week.

Game Changer Levels for Nifty

It becomes easy to follow 'Levels only' which are the result of corelation of some Technical Analysis methods. Here are a couple of them to help in Swing or Positional trading for Nifty in the Short Term.

Elliott Wave Analysis for Nifty Trading

"You cannot change the direction of the winds but you can adjust your sails as per it."

Successful Trading depends on how well one manages the uncertainities. It requires one to have the balance between having conviction to follow his belief and flexibility to recognize when to change the perspective .

Are The Bears Ready for the Push again ???

Detailed Technical Analysis and Trading Strategy for the Next Week -

Trading Plan for the Next Week

UPDATE 17-03-2011 :

How to Trade the Next Week ??

Weekly Review :

1. The Week was rangebound throughout on both sides of the SAR 5480 , as indicated in the  detailed Weekend analysis below.

2. The broader Range suggested of 5400-5600 couldn't be resolved this Week.
As analyzed in the Mid week Review ,The markets couldn't trade above 5525 levels to show strength and gave some gains below 5500/5480 in later half of the Week. 

Budget & You

Short Term EW Probabilities

This Post is in continuation of the last post, where EW reference counts and insight were provided for different Time Frames. Here we discuss the Probabilities of the Short term TF in detail.

Reference EW Post for Nifty Trading

This will be my Reference Post for the trading in various Time Frames. Essentially it is the 'Surfing' of the 'Waves' and reaching an objective conclusion to understand what is in store for the future.

Waves are a source of delight and they can also cause enormous destruction. We need to understand how they form and  how they propagate and find ways to harness their energy safely.

A Date With 'Expiry'

To keep the 'date' with the 'Expiry' week , following are my observations that may hold good till expiry on 24-02-11. (Friday excluded)

Weekend Analysis

Let us gaze through the crystal ball for what lies ahead in the next Week's trade.
 

Key to Trade the Market

This post is an objective analysis of the Points of Invalidation of the current Downtrend in different Time frames. 'Follow the Trend' should be the basic mantra of any form of trading or the trading system,which will result in the Market blessings and money following your bank account.
 

Where are the Markets Headed ???