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powerntrade: August 2015
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A Forum To Live and Breathe Nifty. Aug 31, 2015. Well today being the monthly close I was expecting above the psychological level of 8000 - But in vain. As such the month closes on a weak note. Nothing much to add today except that today was a monthly close and only the brokers earned today. Remain long as of now for targets as mentioned earlier. Have a Great Day! Aug 28, 2015. 8070 - On the Rocks. Have a Great Weekend! Aug 27, 2015. Have a great Day! Aug 26, 2015. Great day's coming ahead. Well if we cl...
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powerntrade: March 2012
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A Forum To Live and Breathe Nifty. Mar 28, 2012. The Title because . The Fall was not of the kind the the bears would love. Looked Like as if It was Just Testing the Strength of the Golden Cross.Would still give the Benefit of Doubt. We have again closed below 5200 . Targets still open for 5050 but with caution around 5157. On may go long between 5050 - 5157 if it comes for a decent bounce till 5287 - 5386 . As such till we don't close above 5267 its a sell . Play Small - Play Safe - Be Safe :). Well the...
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powerntrade: February 2011
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A Forum To Live and Breathe Nifty. Feb 28, 2011. EOD Update FEb 28 2011. Trade with levels and not with hope. Also Today we have formed a grave stone doji which is highly bearish. What a day.The SL of 5288 NF never got hit and it was just profits and profits.Those who have played with levels have won the battle today. Atlast i can say that Only Lions Roar at Just Nifty Thanks to Ilango Sir. Feb 27, 2011. It always happens that when opportunity knocks the door of fortune i close the doors . Feb 25, 2011.
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powerntrade: May 2011
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A Forum To Live and Breathe Nifty. May 1, 2011. Remarkable end to April . Seems like we are on the Cusp of a Sell off . On friday we have seen without any bounces Nifty Manged a Good Neagative Bias. The recovery that we saw in the end was just the intraday covering of short owing to the range bound nature of market at present. All in All the Next week too i see the range between 5640 - 5890. Stay Short only . Subscribe to: Posts (Atom). Baroda, Gujarat, India. Trying to make a future Today".
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powerntrade: Monotony gets Resolved
http://powerntrade.blogspot.com/2015/08/monotony-gets-resolved.html
A Forum To Live and Breathe Nifty. Aug 10, 2015. Well as expected NS was not able to scale the Resistance area and just got withered in the later part of the session. The negative divergence which was persistent has given a good trade. Nothing more to add - Just remain short - - and ride the south journey . Have a Great Day! Subscribe to: Post Comments (Atom). Baroda, Gujarat, India. Trying to make a future Today". View my complete profile. Silver Lining on the Horizon. A Day in the Life of Bear.
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powerntrade: July 2015
http://powerntrade.blogspot.com/2015_07_01_archive.html
A Forum To Live and Breathe Nifty. Jul 31, 2015. Hope after the SL got triggered at 8417 Profits would have come handy. Today was trend day as NS scaled new highs with each passing hour. I am a bit cautious at this level as Dollar is going Jittery. Still the trend is confused one. Note that in the Last hour of trade Stocks witnessed profit booking. On Monday look for shorting below 8420 or near 8580 - 8620 NS. SL would be 8680 again . Targets come near 8380 - 8360. Have a Great Day! Jul 30, 2015. Nothing...
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powerntrade: August 2011
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A Forum To Live and Breathe Nifty. Aug 29, 2011. The Kiss of the Dragon. Call it a Dead Cat Bounce - - I will call the Dragon Bounce. Stupendous performance today - - First the Leveraged ones covered on the gap-up , Later on the margin calls got triggered - nifty surpassed the key resistance - the ones who were left out ran for cover - lastly those who thought were left out came in - - Eureka Eureka Eureka. One may short tomorrow at the opening bell as being a two day holiday i expect a sell off again.
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powerntrade: Out of Hibernation
http://powerntrade.blogspot.com/2015/08/out-of-hibernation.html
A Forum To Live and Breathe Nifty. Aug 3, 2015. Finally a Good Trade Setup. Today was a range bound day with NS closing at the lower range of the day. Note that before the event day bears are active.Look for break of 8520 tomorrow for a short trade on the contrary bulls are lacking the power to lift NS up. Remains short as discussed before. Have a Great Day. Subscribe to: Post Comments (Atom). Baroda, Gujarat, India. Trying to make a future Today". View my complete profile. Silver Lining on the Horizon.
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powerntrade: Friday Selling
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A Forum To Live and Breathe Nifty. Aug 6, 2015. Today too was a Dull Day. Though we closed above 8580 NS the upside momentum is lacking. Prudent to remain short at this juncture. Friday sellers will be active tomorrow . Expecting a deep cut/breakdown tomorrow. SL and Targets as mentioned earlier. Have a Great Day! Subscribe to: Post Comments (Atom). Baroda, Gujarat, India. Trying to make a future Today". View my complete profile. Silver Lining on the Horizon. A Day in the Life of Bear. More is yet to come.
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powerntrade: Event - Non Event
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A Forum To Live and Breathe Nifty. Aug 4, 2015. Event - Non Event. Well it was both. For the Banks it was a non event day but not for NS definitely not. Volatility in the air. Those who shorted near 8560 - 8580 NS would have generated decent profits.Still we are not out of the woods. Resistance lies ahead. Its still short with SL as mentioned earlier. Have a Great Day! Subscribe to: Post Comments (Atom). Baroda, Gujarat, India. Trying to make a future Today". View my complete profile. More is yet to come.