Thursday 30 August 2012

REVIEW OF 30th Aug 2012 AND UPDATE FOR 31st Aug 2012


NIFTY FUTURE – 30th     Aug  Recap
NIFTY FUT at the expense of sounding slightly boastful let us just review what we wrote before today “ Lets look at the longer trend, Crucial retracements and supports emerge out at 5245-55. This has to be watched out.”   We maintained that support may emerge out at this level. Why this is important is that we wrote this before the day and against the current trend of NIFTY FUT almost exactly predicting the low. (NIFTY FUT Low made just at 5255). We also wrote as part of cues for trading on 30th –“ contrarian players can look for pull back longs with stops below 5245.”   This trade yielded terrific results for contrarian players.
We also wrote that resistance emerges at 5320 levels and that’s exactly where NIFTY FUT upmove paused at. During the upmove.
Our apology to have sounded upbeat get getting it that close against the trend was fun.
Also let us quickly review how levels worked. NIFTY FUT BULLS LAST STAND point indicated at 5285 levels. And for  god part of the until NIFTY FUT held below that zone any upmove was challenged. Morning high was just below that level and NIFTY moved downwards to challenge the crucial support levels.

How does the next series hold? What are the cues to watch out for? What are the trading levels  now?
Smartsignals BANKNIFTY Futures update:  Yesterday smartsignals advised us to go short at 10060 and indicated a target of 9970 levels.Today low made in bank nifty futures was at 9963 just doing the target, giving away another 100 points of gains. Totaling a massive 643 odd points in just the last three trades.

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Our subscribers in NIFTY FUT  went long  in dips with support levels as indicated but since it was expiry we advised an early exit and hence safe players missed most of the upmove. Nevertheless we had a terrific trading month, trading with our subscriber friends. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 31st    Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT made a low exactly at our positional and managed to pull back to close just a shade under 5320. 5320 is an immediate resistance level to watch out for and if this is now taken out NIFTY FUT will attempt 5350-55 on the upside.  Where we should again see this recent upmove challenged. On the downside NIFTY FUT will find support again at 5280-85 levels and if these levels are sustained NIFTY FUT will attempt to pull back. In case if NIFTY FUT fails to hold on to 5280 odd levels this time. We might see the support levels of 5250 being threatened too. For now again immediate short term momentum is positive, this will remain so until NIFTY FUT manages to hold on above 5280 levels. Again at the same time the mid term momentum remains negative until NIFTY FUT holds below 5355 or until new levels emerge out in the coming sessions.
Wish you all a happy, learning and successful trading month again.

Cues for Trading on Friday: Keep the larger range of 5280 and 5320 in mind and look for pull back contrarian trades within this range and at the same time look for breakout and breakdown trade outside this range, that is shorts below 5280 and long above 5325 with 20-25 points odd stops.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5350-55 sustaining above which it will target 5478,5490,5406,5425
POWERTRADE TREND DECIDER OF THE DAY ------- 5320-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5280-85
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5265,5250,5232
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Wednesday 29 August 2012

REVIEW OF 29th Aug 2012 AND UPDATE FOR 30th Aug 2012


NIFTY FUTURE – 29th     Aug  Recap
NIFTY FUT we mentioned  that “ immediate hurdle is at 5355”  this was also mentioned as the TREND OF THEDAY meaning that only clearing this level will favor the BULLS. Market made an open high just around this level and failed give a single candle close above it. Eventually pulled down to make multiple lows just above 5320, which was expected to offer some support Once NIFTY FUT failed to hold on to this level ( Also our BULLS LAST STAND POINT). This was a clear indication to initiate shorts and as projected NIFTY FUT quickly test the downside levels of 5300 and even closed below this level. We were expecting 5320 to sustain but once it cracked that level, it was a good sign to go short. Again we emphasize the importance of the LEVELS. Today since morning it traded below the TREND DECIDER indicating either we go short on rise, or on break down of lower support levels. Many a days once NIFTY FUT trades above certain levels one must use them to use as supports too for initiating pull back or bounce back trades.
Where do we expect support to emerge out now? What is the next break down levels? When to initiate a pull back trade? What are the trading cues for Thursday?

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Our subscribers in NIFTY FUT went short below 5345 and booked gains all the way till 5306 odd levels, giving a good gain for the day. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 30th     Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
Before we start for what are the levels tomorrow, just want to emphasize again that 30th Aug is expiry day and these days are best traded with lower risk levels.  NIFTY FUT breached the crucial support level of 5320 and even the 5300 levels to marginally close just below it . On the downside immediate support now comes at 5280 levels and a breach of that can test 5245-55 support zones. These are serious support zones and breaching these levels would pose a serious question on the overall bull run. While we cautioned that the BULL run will be challenged if NIFTY FUT doesn’t take out 5478, and warned of a mid term correction we have also been maintaining  that the long term trend remains BULLISH. When to question this fact? Lets look at the longer trend, Crucial retracements and supports emerge out at 5245-55. This has to be watched out. On the upside 5320-25 will now act as immediate resistance. Clearing that market will test 5355 on the upside. Until NIFTY FUT trades below 5320, Long players will find it tough.

Cues for Trading on Thursday: Pull Back longs above 5325 if NIFTY FUT manages to move above that zone. Similarly if it trades below that level in the morning session, it can be used as a stop for short trades. On the downside short can be taken if NIFTY FUT move below 5280 levels. Also on downside High risk contrarian players can look for pull back longs with stops below 5245.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5350-55 sustaining above which it will target 5478,5490,5406,5425
POWERTRADE TREND DECIDER OF THE DAY ------- 5320-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5280-85
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5265,5250,5232
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Tuesday 28 August 2012

REVIEW OF 28th Aug 2012 AND UPDATE FOR 29th Aug 2012


NIFTY FUTURE – 28th     Aug  Recap
NIFTY FUT we mentioned that 5350 is a crucial support level to watch out and wrote that a breach of 5350 will test 5325,Look at the market reaction once 5350 was broken. (low made 5320.95). we also wrote “5325 levels where we expect some support to emerge for a technical bounce back”. What happened when that level was tested? Markets did bounce back sharply to test 5350 levels again on the upside, couldn’t sustain there and closed below it.
What were our cues for trading today?
“Cues for Trading on Tuesday: Look for short in rise till 5380 or use that as stops, Risky contrarian traders can target longs above 5380 levels with close stops. Also look for a breakdown short below 5350”
It again worked to perfection, both shorts with using 5380 as stops and at the same time shorts below 5350. To test our support levels. Just to highlight the importance of our BULLS LAST Stand POINT, mentioned at 5255.once that was breached in morning session meant that it will favor the BEARS in the trading sessions. Markets also respected those levels to favor the short players.
How to trade the coming sessions? Where are the recent support levels? When should I look for re initiating longs?

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Our subscribers in NIFTY FUT just as written in our blog went short below 5350 levels and exited in quick profits till 5331. Our Banknifty future subcribers had a ballistic day again going short at 10140 during the second session of the day and managed to book gains till 10065 on the downside. Our Smartsignals too gave a fantastic trading call going short near 10105 and giving away good gains (Lows made 10040 levels). Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 29th     Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT tested 5355 levels on the upside which was mentioned as our BULLS LAST STAND POINT and failed to gave a sustained close above it. Immediate hurdle now comes at 5355 and a cross of that will quickly test 5375-80 levels. We had mentioned in quite a few posts over this month that 5320 is a positional support (markets low made exactly there on the trading session on 28th ). Until these lows are respected expect some bounce back and buying to emerge for higher levels. Also until this is respected the long term trend remains Up for now. What is important now is to watch out how strong the pull back is? We may safely assume that the pullback holds good for higher levels only when NIFTY FUT manages to surface above 5425. Until then any pull back needs to watched with caution.
Now immediate support comes at 5320 levels and a breach of that will test the lows of 5300 and 5280 on the downside. Intraday trading is a different ball game; risky players can look to initiate quick pull back longs only above 5375 levels.

Cues for Trading on Wednesday: IF NIFTY holds above 5350; Look for longs near 5355 levels with 28th’s low as SL. Or a risky long above 5375. On the downside if markets fail to sustain above 5350 again look for reentering shorts below 5350 with tight stops and potential reversals too this time. Also until something drastic happens 5320 should offer some support in coming sessions. A word of caution: we are heading into expiry, trade with low volumes and trade safe.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5375-80 sustaining above which it will target 5490,5406,5425,5455
POWERTRADE TREND DECIDER OF THE DAY ------- 5350-55
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5320-25
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5305, 5285, 5255
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Monday 27 August 2012

REVIEW OF 27th Aug 2012 AND UPDATE FOR 28th Aug 2012


NIFTY FUTURE – 27th     Aug  Recap
NIFTY FUT we mentioned that the TREND DECIDER OF the day is 5405, meaning that trading below this level market will favor the BEARS. Look at the morning high just around this level and since then failed to sustain this  and kept on drifting downwards for most part of the day. We had also mentioned that 5380 has to be keenly watched and a break of that will indicate further weakness. Look at the NIFTY FUT reaction, for the early half of the day it looked like taking support at these levels and showed some tendency to bounce back. But once that was broken NIFTY FUT quickly move downwards to test lower levels. The move for the past few sessions is the reasons why we have always mentioned that always one should follow the markets rather than predict where it will head. Follow it with support and resistances in mind. The correction that we have witnessed in Banknfity is way deeper than NIFTY. This is something we have also written in the past few sessions- where we wrote NIFTY doesn’t see much support from BankNiFTY.
In our Cues for trading Monday, we had advised traders to look for a breakdown trade which worked decently well today.

Much to the expectation our Advanced automated smartsignals went short way in advance at 10510 levels blasting away about 350 points of profits in a single trade. Realtime trading signals were posted at our Facebook page.

How to trade the coming sessions? Where is support expected to emerge? What levels can we initiate contrarian pull back trades?

Are you missing out on the State of the art advanced trading signals. Like our page at Facebook and get access to real time automated signals Free. www.facebook.com/powertrade.trading. Smartsignals blasted to give around 150 points profit per lot in a single trade. Live Signals were available at our FB Page.

Our subscribers in NIFTY FUT short early in the session below 5400 levels and booked gains at 5381. Not much in in it. Star performer of the day was BankNiFTY future traders, where we asked traders to add shorts below 10330 levels and booked huge gains all the way till  10190 levels. giving us two massive day of gains in BakNifty Futures trading. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?.... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 28th     Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT closed the session below the crucial 5375 mark; this will prove as an immediate hurdle going forward in the coming session. On the downside crucial positional support is at 5350 levels and a breach of that will mean the end of midterm long side momentum. Breaking that NIFTY FUT can potentially test 5325 levels where we expect some support to emerge for a technical bounce back. On the upside NIFTY FUT will only show a tendency to bounce back if it manages to trade above 5380 levels. Above that it will again attempt to take out 5405. Short term strong BULL RUN will only resume once NIFTY FUT takes out 5425 levels only.  For Now short term momentum remains in favor of shorts until at least that level is conquered.

 Cues for Trading on Tuesday: Look for short in rise till 5380 or use that as stops, Risky contrarian traders can target longs above 5380 levels with close stops. Also look for a breakdown short below 5350

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5420-25  sustaining above which it will target 5455, 5478,5490
POWERTRADE TREND DECIDER OF THE DAY ------- 5375-80
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5350-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5325, 5305,5285
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Saturday 25 August 2012

REVIEW OF 24th Aug 2012 AND UPDATE FOR 27th Aug 2012


NIFTY FUTURE – 24th     Aug  Recap
NIFTY FUT we had clearly been writing in the past few sessions that until 5470 levels are not taken out markets will see some long unwinding and dips. We wrote “NIFTY FUT immediate support remains at 5400 levels and a breach of that will see NIFTY FUT to test 5380 odd levels.”
 We had also mentioned that 5405 is a crucial support to watch out for. This level was being respected in the past 2 sessions. But On Friday NIFTY FUT opened below this level and failed to sustain above it drifted downwards. We had also written that the BULLS LAST STAND of the day is 5380 meaning a break of that would had put the control well and truly in BEARS hands, but market found exact support there at 5380 and managed to pull back to just above close near 5405 levels. This will be a crucial support to watch out. Overall a small range day for Nifty Future on an intra day basis. But even in this range our trading levels worked well. The lows created on Friday will be crucial to watch out for.
How to trade the coming sessions? Is the correction Done? When is it a good time to get into shorts or long positions with lower risks?  Read our trading analysis for next day.

Are you missing out on the State of the art advanced trading signals. Like our page at Facebook and get access to real time automated signals Free. www.facebook.com/powertrade.trading. Smartsignals blasted to give around 150 points profit per lot in a single trade. Live Signals were available at our FB Page.

Our subscribers in NIFTY FUT went short in the early session below 5405 and booked profits near 5385 levels. This coupled with overnights shorts which gave decent gains.BankNifty Futures traders had overnight shorts plus took intraday shorts near 10420 and booked good gains till 10365 odd levels. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 24th     Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT on Friday managed to test the support levels of 5380 and bounce back and close just around 5405 levels giving hope that the support levels are being respected and the correction is not deep enough. On the downside 5380 has to be watched and a breach of that will pull down the markets to test 5355 levels. These are important support zones and expect some bounce back from here.Until 5350 is respected the mid-term trend remains on the upside and swing longs can be initiated in dips.  Given that we have expiry week ahead and also the fact that there is still no real push to clear 5470, expect markets to be lackluster within this range of 5400-5450  On the upside resistance zones now comes at 5425 levels and above that resistance comes at 5453 levels. Trading above that will seriously favor taking out of 5470 odd levels. Till the positional resistance level remains at 5478. Any sustained close above it and NIFTY FUT should move into a bull orbit challenging the highs of 5600-5700 in the coming months.
 Cues for Trading on Monday: Until NIFTY FUT remains in the range of 5400-5455 look for contrarian trades with stops at 5380 and 5475 respectively for intraday players. Look for a breakdown or a break out trade out of this range with tight stops.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5450-55 sustaining above which it will target 5478,5490,5515
POWERTRADE TREND DECIDER OF THE DAY ------- 5400-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5355,5325
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Friday 24 August 2012

Market’s corrected; what’s the next Trade?


We don’t intend to make huge claims that we knew it and get into a predicting game? Simply because we are not big enough to control the markets, and believe none of us are.
What we do differently is use comprehensive and yet very successful technical analysis to understand what the next move will be. The more refined the analysis, the probability increases for it being correct.
·         Analysis: We wrote in the past few sessions that positional resistance is 5470 levels, and clearly warned that expect profit booking until NIFTY FUT fails to clear it.  Check our blog posts. We have been writing that there has been good long unwinding at heavy weight counters and neither the PSU banking stocks have been supportive since Bank Nifty is an index heavy weight.
·         Action/Results: Our subscribers have been shorting heavily around 5450 zones and booked decent profits in a single trade.
(For more details on subscription visit www.powertrade.co.in or call at Number +91-9836737200. We would love to hear from you and suggest a custom trading plan to suit your trading objective)

·   Analysis: Smartsignals (Our Advanced automated trading signals)- which checks over 27 different parameters and indicators for every single minute  gave Banknifty Future shorts at 10510 levels.
·   Action/Result: Trade was posted real-time at http://www.facebook.com/powertrade.trading and we all know how it cracked to make a low near 10350 giving nearly 150 points (15,000 INR per 100 qty) in a single trade.
Smartsignals looks into so many different indicators to confirm a trade entry; - Wave calculations, momentum indicators, both short and medium term and more, way beyond a human mind can look into in a short span. Moreover it is free of any bias or noise of market news and predictions. Letting our traders make trade entries well in advance. Get Free access to this simply by liking our Facebook page.

What’s Next?   
                                                                           
Nifty Fut we had written that if 5405 cracks will test the crucial support zone of 5375-80 levels. That’s what exactly happened today when markets gapped down below that level and eventually went on to test that support zone, where it found some support to bounce back and manage to close above 5400 levels.
5375-80 is a crucial support zone to watch and a crack of that will test 5350 on the downside in quick time. For the intermediate Bull Run to remain these levels need to be respected. On the upside immediate resistance comes at 5425 levels and positional Resistance strong hold remains at 5478-78 levels. Only clearing that on sustained basis will we see some serious short covering to test higher levels. In between this zone and given that we have expiry week coming up expect markets to remain lackluster.
Stay tuned to our posts for more updates. Have a nice weekend ahead.

Thursday 23 August 2012

REVIEW OF 23rd Aug 2012 AND UPDATE FOR 24th Aug 2012


NIFTY FUTURE – 23rd    Aug  Recap
NIFTY FUT gave yet another day where the analysis and levels worked spot on. We had mentioned that true positional breakout level is 5478 and had been shouting to book profits at higher levels for the past two sessions.
NIFTY FUT during mid-day failed to clear that hurdle and drifted downwards to make an exact low above the support level we wrote. We mentioned support comes at 5400-05 (Low made 5403.5 levels).
Let’s review how the trading levels worked. We mentioned that the BEARS LAST STAND POINT (above which bears will not have any hold or last resistance point) was 5470. Market topped out just below it and failed to clear it. Bears then took control and we saw some strong long unwinding which caused the markets to drift down and to make a low just at TREND DECIDER. Once this level was sustained markets gained some control and managed to pull back to close around 5430 levels.
How to trade the coming sessions? Will markets hold onto these levels? What does today’s close suggest? When should I build positional longs? Or exit my longs?  Read our trading analysis for next day.

Are you missing out on the State of the art advanced trading signals. Like our page at Facebook and get access to real time automated signals Free. www.facebook.com/powertrade.trading

Our subscribers in NIFTY FUT went short below 5445 and booked nice gains in quick momentum move till 5414. This was simple trading just as per the blog updates. Are you still worried about your trade entries? Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 24th     Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT today tested the low and support level of 5400 as identified and pulled back to close around 5430. This close indicates that midterm BULLS players are still intact above 5375 levels and markets are witnessing strong support at these zones. NIFTY FUT immediate support remains at 5400 levels and a breach of that will see NIFTY FUT to test 5380 odd levels. Failing to hold that 5350 can be tested in a jiffy. On the upside today’s trend didn’t prove anything conclusive for the BULL players and resistance zones remain the same. Immediate resistance comes at 5453 levels and above that markets can again make an attempt to test the positional resistance level of 5478.  This remains as the positional break out level. Any sustained close above it and NIFTY FUT should move into a bull orbit challenging the highs of 5600-5700 in the coming months. For now the PSU banking counters and telecom sector stocks have not been part of this upmove and we saw some serious profit booking in some heavy weight counters today. This is working as a serious deterrent to challenge the upmove. Similarly any support or short covering on these counters will help fuel NIFTY FUT above our magical number zone.

 Cues for Trading on Friday: NIFTY FUT remains in the same trading range. Flavour of the day contrarian longs with stops at 5400 levels or shorts with stops at 5465. Also look for a break out trade above 5478 and a  breakdown short below 5400 or 5375 for a confirmed breakdown.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5470-75   sustaining above which it will target 5490,5515,5565
POWERTRADE TREND DECIDER OF THE DAY ------- 5400-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5355,5325
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Wednesday 22 August 2012

REVIEW OF 22nd Aug 2012 AND UPDATE FOR 23rd Aug 2012


NIFTY FUTURE – 22nd   Aug  Recap
Another day of spot on trading by our readers and subscribers alike. Look what we wrote as part of the trading cues for Wednesday “ Long in dips with stops near 5405 with higher targets” Even in the spike low in morning low made was 5405.5 levels. After that the stop level worked great do do all the upside targets. We also wrote that immediate hurdle emerges at 5450 levels. See where NIFTY FUT topped out. High made just above that level and failing to sustain there drifted downwards eventually.  We had also marked that the TREND DECIDER of the day was 5415 meaning trading above that zone NIFTY FUT will maintain a positive bias and below that will keep a negative bias. Also the fact that it maintained within the TREND DECIDER and the BEARS LAST STAND POINT ( Last resistance level , clearing which markets will breakout) signaled that NIFTY FUT remained range bound  for most part of the day.
How to trade the coming sessions? Will markets hold onto these levels? When is the point where it will breakdown or break out?  Read our trading analysis for next day.

Are you missing out on the FREE state of the art advanced trading signals. Like our page at Facebook and get access to real time automated signals . www.facebook.com/powertrade.trading

Our subscribers in NIFTY FUT had a ballistic trading session going long above 5405 just exactly as advised in the blog and booking handsome profits all the way till 5439 levels.Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 23rd    Aug Trading Guide
Experience India’s First premium live automated Algo based trading signals for Bank Nifty Futures Like us at www.facebook.com/powertade.trading. Benefit from emotion Free Rule based trading to create a community of disciplined winning traders.
NIFTY FUT failed to clear the resistance level of 5450 and drifted down to make an exact low above the TREND DECIDER and managed to hold on to it on a closing basis.  Immediate hurdle remains just same as yesterday at 5450 levels and clearing that will attempt 5470-80 zones. Which is a true positional resistance zone And we are witnessing profit booking here below it for longs created over the past few sessions. 5478 will be the positional break out  level. Any sustained close above it and NIFTY FUT should move into a bull orbit challenging the highs of 5600-5700 in the coming months. But at the same time this is a level which has to be watched out on close to be convinced about it. On the downside immediate support for intra players emerges at 5400-05 levels and trading below which will attempt 5375-80 levels. If fails to hold on there we may see a quick slide to test the crucial support of 5355-60 on the downside. This will be crtical positional levels to watch out and any close below it will confirm a failed break out and eventually pull NIFTY down. Also note just as we wrote yesterday for a breakout above these levels NIFTY FUT will need support from Heavy weight BANKNIFTY which has been an underperformed so far in this recent run.
Short term momentum is neutral and medium term momentum remains bullish at this zone but we also advice some profit booking now at higher levels and pause either for dips or new trading levels to emerge out.

 Cues for Trading on Thursday:  Look for breakout longs above 5450 levels with tight stops and at the same time look for longs in dips with stops around 5405 levels for higher targets. Also look for a breakdown short below 5400 or 5375 for a confirmed breakdown.
POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5470-75   sustaining above which it will target 5490,5515,5565
POWERTRADE TREND DECIDER OF THE DAY ------- 5400-05
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5355,5325
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Tuesday 21 August 2012

REVIEW OF 21st Aug 2012 AND UPDATE FOR 22nd Aug 2012


NIFTY FUTURE – 21st  Aug  Recap
NIFTY FUT we again spot on with the analysis. We clearly wrote that “ 5375 has to hold for the upmove to resume”. Look at the market reaction once NIFTY FUT held on above that level markets pulled back to break out and clear the highs. Lets review our CUES TO TRADE: we wrote if markets hold above 5375 look for longs with stops there also look for breakout longs above 5425. It proved to be a fruitful advice both for contrarian and trend traders. 5405 was marked as an immediate hurdle and once it was cleared markets tested 5425 and above the moved into BULL orbit. Our analysis for positional players few days back was to go long in all dips with 5320 as SL. The positional swings calls are doing nice too. How to trade the coming sessions? Should I look for a break out? What levels will positional short coverings likely to occur?  Read our trading analysis for next day.

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Our subscribers in NIFTY FUT had a ballistic trading session going long above 5405 just exactly as advised in the blog and booking handsome profits all the way till 5439 levels.Are you missing on these turning points entries? How about looking at our points guaranteed services. …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 22nd    Aug Trading Guide
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NIFTY FUT -as had been our trading direction in the past few sessions broke out above the trading range to close at the highs. Hopefully giving handsome gains to lot of our readers. Having closed at near 5440 levels now immediate support emerges at 5415-20 levels. Trading below it will drift to test 5400 and below it strong positional support emerges at 5375 levels. This should also be maintained as the positional stops. On the upside if manages to move above 5450 will likely to test our positional targets of 5470 levels. This can be a  short term profit booking zone for sure for swing players. Any  sustained breakout above these levels will mean serious long term bulls are back and a close above this range has to be seriously watched  Also expect some serious short covering to happen both in NIFTY and BANKNIFTY futures only above a sustained move above this zone. This could also result in some quick run up rally for another few percentages in the coming sessions. For this to happen NIFTY FUT will also need support from the heavy weight bankindex (banknifty) which has been a sort of underperformer in the recent run up.
Short term and medium to momentum remains bullish at this zone but we also advice some profit booking now at higher levels and pause either for dips or new trading levels to emerge out.

 Cues for Trading on wednesday:  Look for breakout longs above 5450 levels with tight stops  and at the same time look for longs in dips with stops around 5405 levels for higher targets. In case during the mid session if NIFTY FUT fails to breakout  above 5470 levels contrarian risky shorts may yield quick profits too. Safe traders stick to longs mostly though.

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5470-75   sustaining above which it will target 5490,5515,5565
POWERTRADE TREND DECIDER OF THE DAY ------- 5415-20
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5375-80
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5355,5325
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.

Monday 20 August 2012

REVIEW OF 17th Aug 2012 AND UPDATE FOR 21st Aug 2012


NIFTY FUTURE – 17th  Aug  Recap
NIFTY FUT we asked our reader friends to go long in sharp dips to 5350. Look at the market low made (5351). We also wrote that The BULLS LAST STAND POINT of the day is 5350. Markets found exact support there and pulled back smartly to close near 5380 levels. We also asked readers that shorts can be initiated below 5380. That trade too gave readers quick gains in minutes.
On the upside we had mentioned that trading above 5416 is important for the upmove to continue. Look at the NIFTY FUT levels in morning, Markets failed to have any sustained close above this level and pulled down to test the downside levels of the TREND DECIDER and below it crashed in no time to make an exact low above our support levels (BULLS LAST STAND POINT). What are the levels to watch out in the next trading session. What trade to take? Read on with our analysis for the upcoming session.

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Our  subscribers in NIFTY FUT went short below 5380 and booked gains all the way till 5357 in miuntes …... Where to take the next trade? Did you catch the move in the right time?..... Are you still guessing where to trade? Did you take a similar trade and captured the opportunity? Are you still worried where to take the trade entries? Subscribe to our premium calls and leave your trade entry and exit worries to us. 
NIFTY FUTURE – 21st  Aug Trading Guide
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NIFTY FUT, managed to test the lows of 5350 and pulled sharply to close just above 5380 levels. This will be critical to watch out for these levels. It will be critical to trade above 5375 for the upmove to resume or hold on. On the downside trading below this level will again test the support zone of 5350-55 and a crack of that will test the crucial positional support level of 5320.
On the upside trading above this level will again test 5405 and above that 5420-25 levels will be a crucial resistance level to watch of for. Near term breakout above this will test 5470 odd levels.
Immediate short term trend remains neutral to negative below 5405 level and mid term range will be negative below 5350 levels. On the upside bullish trend will resume above 5425 levels.

 Cues for Trading on Tuesday:  Go short below 5375 with tight stops above 5410 or if markets sustain above this levels look for longs with support levels at 5375. Also look for breakdown shorts below 5350 or break out longs above 5425 levels..

POWERTRADE BEARS LAST STAND POINT OF THE DAY -----5420-25   sustaining above which it will target 5455,5478
POWERTRADE TREND DECIDER OF THE DAY ------- 5375-80
POWERTRADE BULLS LAST STAND POINT OF THE DAY-------5350-55
Breakdown and sustaining below POWERTRADE BULLS L0AST STAND POINT OF THE DAY will open target for support of ---- 5325,5300,5190
Detailed analysis also posted at www.powertrades.blogspot.com
We at Powertrade believe A Successful Trade is a result of the finest blending of absolute money management skills along with time tested analytical skills refined with conviction. So if you need expert hand holding advisory services to make money trading these levels Register @www.powertrade.co.in and subscribe to our Premium Packages which are loaded with Points Commitment Challenge.