Nifty For 31 July 2012 Trading View

Nifty For 31 July 2012 Trading View
As Indicated in previous post all shorts were  closed at  opening since markets were above 5131.
At 5158 fresh longs were initiated in which profit was booked before close.
For Tommorow there is RBI meet
Stop loss for longs is 5160 Spot nifty
As long as Nifty stays above that level we are bullish
Idea is to buy dips available in intraday or when market breaks intraday low
All longs will be entered with Stop loss in region of 5155-5160
below this level we will go short all out .

Nifty F&O tips for 30 July 2012

Nifty F&O tips for 30 July 2012
We had given Stop loss for Nifty shorts at  5131
Nifty Trigerred that and fell again forcing us to short again
Now stop loss for all shorts is again 5131 
If nifty manages to hold above this level exit all shorts
Level to go long is 5158

Nifty is Still A short for Aug Series of derivatives and F&O

Nifty is Still A short for Aug Series of derivatives and F&O
We have given short call on 23rd july 2012
We still beleive nifty is in downtrend
Stop loss for Nifty shorts  is  5131
This stop loss will be revised daily now for clearer  picture and due to fact that markets are dynamic
Do not initiate fresh short on dips
use intrday rallies to short .
If Bouncebacks touch 5090-5100 ,this will be ideal level to short

Nifty Trading Tips For Monday 23 July 2012

Nifty Trading Tips  For Monday 23 July 2012
Nifty Last Close 5205.10
Now Nifty is a positional Short with Stop los in 5225-5230 range
We yesterday Shorted Nifty at 5215
As of Now there is no Target
We will review the position from time to time and post updates