What’s in store in the market for April? Are you ready with the trading plan to have a successful month

NIFTY FUTURE- Market Analysis for 1s April and Month ahead

Firstly wish you all had a well-deserved break and a nice long weekend ahead.   NIFTY FUT – we had mentioned that the 5600-5630 is a strong supply zones on a swing basis, and offered a very low risk pull back trading strategy at those levels. On Thursday we witnessed exactly that when markets failed to breach 5600 and hold onto those levels, a strong pull back was seen on the charts and markets ended up closing at near 80 points gains from the lows.
Now that we have closed near 5680, what is in store ahead?  
Well first lets evaluate this on a swing basis and see how market is stacked up this month.  Swing wise support will continue to remain at 5600-30 zones and any dip there will make prudent sense to take low risk longs with reversal at the break of that level.  If markets manage to break that level we may see a test of 5450 levels on swing basis on the downside. On the upside critical swing hurdle remains at 5725 zones and markets need to at least clear and close above that level to ensure that the  mid term correction is done and we have a confirmed bottom, until that happens all rise will be resisted and short on rise can be a better strategy.
Above that on swing basis markets can go upto 5760 and clearing that can head all the way upto 5879-5900 zones.

On an intraday basis immediate hurdle comes at 5700 levels and a clear of that can lead to a test of 5725 levels . 5675 will form as the immediate swing decider and a break of that can mean bears will be more in control on an intraday basis. On the downside below 5675 we may again look to test the swing support levels of 5630 and lower.

Trading strategy wise look to take long positions in dips to if markets manage to hold above 5675 or a break out above 5700 levels,  or in sharp dips to 5630 odd levels.  Short positions in intraday basis can be taken if markets trade below 5675 on a sustained basis or in rise to 5750-60 levels. Both long at short positions if taken in extreme levels of 5630 (pull back long) or 5750 (pull back short) need to be also traded with a reversal trade at the stop levels.

Wish you all another successful trading month ahead, also we have completed the first three months of trading. Traders its time to sit back and review your individual trading plan and see how you have done and what needs to be corrected or improved. Write your rules and stick to it for the month

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5725-30  sustaining above which it will target 5755,5790
POWERTRADE TREND DECIDER OF THE DAY ------- 5675-80
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5630-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5605,5475

Detailed analysis also posted at www.powertrades.blogspot.com

Catch the market, before the big move with price point analysis. Catch the next Big move in NIFTY

NIFTY FUTURE- Review of 25^th   Mar

NIFTY FUT –  For Monday we discussed and mentioned that 5700 is the key level to watch out for and markets will only be able to clear it if NIFTY FUT manages to sustain above that level , else the downward trend may persist.
In the morning session , thanks to the gap up and strong global cues NIFTY FUT managed to open above 5700 zones. It did hold on there for quite some time and we too went long.  There we lost 15-20 odd points in that trade.
But then when 5700 was breached it was confirmed that the upmove may not sustain, break of 5690 was pretty much of a confirmation as  well. We went short below that zone and got massive gains all the way till 5640 odd levels. The pace of the downmove was a surprise and the fact that it gave no respect to the 5660 zones showed that market players are looking to short any opportunity.
On the other hand we also saw that for third day in a row despite strong downward momentum markets failed to break through the 5630 zones and it again got respected.
Today typically there were two trading chances once was a false move where a break out was not sustained and then a confirmed down move. Hope traders took one of those trades. Idea here is that we take the right trades based on analysis irrespective the results.  Ground rule: stick to the rules

NIFTY FUT failed to clear the 5700 zones and now have closed again at the pivotal point of 5660 again.
Where is it poised to move in the next trading session. Let us collectively analyze the trading levels to watch out for



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NIFTY FUTURE –26^th    Mar  Trading Guide

NIFTY FUT  not only had a failed break out but also at the same time closed below the crucial trading levels of 5660 zones. This was also compounded by the fact that we had literally no support offered at 5660 levels.
At the same time NIFTY FUT managed to close and hold on to the 5630 levels for the third consecutive session. Readers will appreciate that we noted this trading level long before it was actually tested.

Given that we had this kind of a close and a highly bearish daily candle it clearly shows that now it will need some real strong resolve from the BULLS to sustain that level in the coming sessions.
Trading wise on the downside 5630 will prove as the next key support and if that is broken NIFTY FUT will go onto  test 5605 levels and lower upto 5570 trading zones.
On the upside NIFTY FUT will immediate hurdle at 5660 levels and trading above that can again go on to test 5690 zones. It will be resisted in every upmove until 5725 levels are cleared on a sustained basis.
So trading wise it is prudent to look for a short trade if it holds below 5660 or breaks 5630 and only risky traders can look for a low risk long pull back trades in case it manages to sustain and hold onto 5630 odd zones.

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5700  levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5765 levels


Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5700-05  sustaining above which it will target 5730,5755
POWERTRADE TREND DECIDER OF THE DAY ------- 5660-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5630-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5605,5475

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

Where is the next for the market? Accurate market analysis & Projection with Price point analysis

NIFTY FUTURE- Review of 22^nd  Mar

NIFTY FUT – What we witnessed on Friday was a typical market reaction when a strong trend ( bearish in this case) runs into a sold long term support zone. NIFTY Fut witnessed a doji close typically defining the indecisiveness at this stage and trading levels.
For Friday we had clearly mentioned that 5670 was the TREND DECIDER and 5635 was the BULLS LAST STAND point, this was also supported by the fact that NIFTY FUT has strong swing supports at this zone, which our readers were well aware off.
How to have traded this level? In the morning session Once NIFTY FUT moved below 56700 that was one trading opportunity and low made in that trade was about 5641 and proved a decent  trading opportunity, marking a low just above our swing support levels.
NIFTY FUT found support there and managed to pull back in a sharp manner all the way to 5700 levels.  Again check out the accuracy of our levels. NIFTY FUT made a high at 5707 and our BEARS LAST STAND point was identified at 5705, exactly where the market rally paused.  All through simple price point analysis.
NIFTY FUT failed to clear the 5700 zones and now have closed again at the pivotal point of 5660.
Where is it poised to move in the next trading session. Let us collectively analyze the trading levels to watch out for



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NIFTY FUTURE –25^th    Mar  Trading Guide

NIFTY FUT closed at a swing pivotal point of 5660. This is a critical level to watch out for as markets made an exact bottom at our swing support levels. And have managed to respect that on a closing basis on daily charts. Readers will recall that we had mentioned that it was a prudent point to close shorts and look for shorts in break down of 5600 levels now only. This was applicable to swing traders.
Also another point to note is that NIFTY FUT now marked an identical bottom on daily charts for two consecutive days.
Let us also review the option data here, this will hold special importance as this week is expiry and In such situations options accumulation data lead to good trading clues of the broader range of the market in mid term.

NIFTY Options chart for 22-Mar

As per the options data , we have the highest PE accumulation at 5700  and 5600 levels simultaneously. This kind of support the fact that a close below 5600 may be unlikely from an options point of view.
This is also same as our support levels of 5600-5630 which we highlighted from a long time
On the upside NIFTY FUT has significant CE accumulation at 5800 , 5900 and max at 6000 levels.  So that levels on the upside is where the market highs may be capped from this series point of view keeping options analysis in mind.

On an intraday basis now, NIFTY FUT will again face immediate resistance at 5690-5700 levels . clearing that NIFTY FUT will try to attempt 5725 and 745 levels.
The 5660 zones will form as the TREND DECIDER of the day and we have to watch out in the opening session as to which side of this zone does market tend to trade.
In case it manages to sustain below this zone it will again try and attempt the trading levels of 5635 and that is where it will encounter the swing support levels. A breach of that can take NIFTY FUT to test 5600 . This is a support zone and we should just be a tad careful of movement and pull backs just like Friday. A decisive swing short will be confirmed at the break of 5600 levels.
Also a thing to note is that we have two trading holidays during this phase and hence stay careful on low volumes or lack lusture movements

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5700  levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5765 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5695-5700  sustaining above which it will target 5730,5755
POWERTRADE TREND DECIDER OF THE DAY ------- 5655-60
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5630-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5605,5475

Capture consistent swing and take high potential trades with our price point analysis and trading levels

NIFTY FUTURE- Review of 21^st  Mar

NIFTY FUT – Another stunning day of move is a row. The last few weeks have been a welcome blessing for intra day traders who has been using trend based technical analysis or also simply using our accurate price point analysis.
Few sessions back we wrote that  5860 was the market mid term trend decider levels and swing traders would have good potential trading shorts with downside targets upto 5650 levels.
Today markets marked that low exactly around 5650 levels. Giving away near 200 points gains in a few trading sessions.
From an intraday point of view we mentioned that the BEARS LAST STAND point of the day as 5760 levels. Markets failed to clear that level in a sustained basis and marked a top just above that. But once it failed to clear that zone on a sustained basis it was clear that markets may be headed downwards. The last remaining cog was to break through the 5700 levels and once that was broken on a second attempt the downside was pretty apparent.
This kind of volatility offers a lot of trading opportunities even on an intraday basis.  We took a short in the opening session that went well. Then got caught in the long breakout which was a failed trade but the clincher was the short trade taken below 5735 then that yielded massive gains. This kind of opportunity is quite different from the months of Jan  and Feb when we had no trading opportunities during many days

 NIFTY FUT just went on and closed  at a critical juncture just above our swing support zones. How are markets poised to trade at these levels. Read our analysis for the next session

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NIFTY FUTURE –22^nd   Mar  Trading Guide

NIFTY FUT closed at a crucial support levels, these are key support levels  near 5600-5630 zones . Markets closed a shade above that. At this stage now the risk reward ratio is skewed against favour of shorts. We had a good downswing from the higher levels.
 From an intraday perspective NIFTY FUT will face immediate hurdle now at 5700 levels and trading above that can scale up to 5730 odd levels. On the  downside there is a swing support plus an intraday support zones near 5630-5600 levels. Intraday traders may look to take low risk pull back trades above 5670 odd levels. While the market momentum is still in favor of shorts it will be prudent to watch out how markets trade at these levels.

A break of 5600 zones can mean a downside potential of another 150 odd points in the index future , where we can see  a test of next swing support levels all the way upto 5450 levels.

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5700  levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5765 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5700-05  sustaining above which it will target 5730,5755
POWERTRADE TREND DECIDER OF THE DAY ------- 5665-70
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5630-35
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5605,5475

Did You capture the market moves with our accurate price point analysis and trading levels?

NIFTY FUTURE- Review of 20th Mar

NIFTY FUT –  yesterday we mentioned that the 5750 levels are the immediate TREND DECIDER zones and  we also discussed that below 5735 levels NIFTY FUT may move to 5700 levels  , where option data suggests that we can find some support.
NIFTY FUT went during the day trading session failed to clear the 5750 zones and once 5735 was breached  it went to test exactly the 5700 trading levels.
Now let us review our trading levels and how did we perform with respect to that. Our BULLS LAST STAND point was given at 5735 and a breach of that produced a downside move to exactly test the downside targets.
A small trading session range but levels worked beautifully to give a good trade. We clearly had asked traders to short on rise as until on a swing basis 5800 is not cleared all pull backs on the upside will be resisted.

Now that we have just tested 5700 and barely managed to hold on to it. What are the levels to watch out for.  How to plan the next trading session .


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Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our unique value added services or our algorithm based trading services.

NIFTY FUTURE –21^st   Mar  Trading Guide

NIFTY FUT barely managed to hold on to the swing support levels of 5700 where it marked an exact low today. Thankfully our readers and traders were well planned for this trade. How to trade the markets at these levels where at one hand it looks weak and at the same time it looks to too stretched and the downside risk reward may not look extremely favorable.

Before we do that let us also review how do we go about planning the trades and what is the systematic approach we take. It’s a step by step process and comes extremely handy.

Review the previous trading sessionà Capture the data both from short term and swing trading time frames à analyze the data with respect to the price points --> combine various levels to arrive at multiple trading opportunities  à Once the trade is planned execute it during market hours

This few step process helps in refining and improving the trades on a consistent basis. One important aspect is to stick to one’s trading plan and take the trade as soon as it reaches your price point.

Now coming back to the trading levels. NIFTY Fut will now face immediate hurdle at 5735 zones and if it manages to clear that will again try to attempt the top today at 5755-60 levels.  Above that we can see price moving all the way upto 5800 levels.
On the downside NIFTY FUT has support at 5700 levels and a breach of that can lead to a test of 5665 and below markets may be poised to test the critical trading levels of  5630 odd zones.
That trading range all the way till 5600 will be keenly watched last time we projected strong support there and our readers took a fantastic low risk trades to get massive swing gains.
We will keep our downside view for now restricted to that zone and see how market trades. At the same time since momentum is on the short side it will be prudent to ride it and keep the shorts on below the 5700 trading levels.

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5765  levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5825 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5755-60 sustaining above which it will target 5790,5820
POWERTRADE TREND DECIDER OF THE DAY ------- 5730-35
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5700-05
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5665,5635

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.

Applying price point analysis to capture massive gains in NIFTY consistently

NIFTY FUTURE- Review of 19th Mar

NIFTY FUT – we couldn’t had got more correct than this. Yesterday we had clearly discussed since the daily candle was a small range the trading decision is much easier to take a break down or a break out trade outside the trading range.
At the same time we had mentioned 5825 as the TREND DECIDER of the day and 5800 levels as the BULLS LAST STAND point. Look at the market reaction once 5820 and then 5800 was cracked, all our downside targets were done in a single hourly candles. We had  mentioned a downside target of 5760 and 5735.
Look at the charts , NIFTY low made exactly there at 5736.
Again dear friends this is not a rocket science but simple price point analysis considering multiple trading swings and range in view.
An additional confirmation was received with our momentum indicators, readers will recall that both the short term and long mid term momentum indicators turned negative yesterday giving enough proof that markets are trading weak.
Today we took a short just as per our blog below 5830 levels and captured massive gains all the way to make it a terrific day. Banknifty was another stellar performer giving nearly 300 points in gains in a single session.

NIFTY FUT wise 5800 was  a critical swing support level that got breached and now puts the entire retracement upmove to be questioned.
How are the markets expected to perform in the coming sessions, what are the critical support levels to watch out in this zone. Read our detailed analysis for the next session

NIFTY FUTURE –20^th  Mar  Trading Guide

NIFTY FUT closed below the critical swing support zones of 5800 and tested another support zones in the downmove, how is it poised now.
Readers will recall we presented a very visual trading system called as the Guppy charts, made famous by famous investor trader daryl guppy few sessions back, it will be now wise to review the charts all over again and see how the markets are placed.

NIFTY FUT Swing Charts-19th March

As is evident from the charts that we the long term averages went negative once we cracked 5880 levels and now at the same time we see a significant divergence of the long term and the short term EMA.

We also have a retracement placed at 5750 zones. This is exactly where markets closed today.

So how do we use these data points and plan our trades for the next session. Well based on the price point analysis we see that NIFTY FUT wise 5750 zone will form as the immediate trend decider of the next day. Trading above which and keeping  the divergence in mind NIFTY FUT will try to retrace back to 5790-5800 zones where it is expected to face resistance.
On the downside NIFTY FUT will face some supply till 5735 and will become significantly weak if that trading range is broken. Below 5735 NIFTY FUT can drift down to  5705 levels and below that to previous lows made at 5670 odd trading levels.

Swing indicator wise the short term momentum indicator are  trading negative and will continue to hold so until it trades below 5800 levels. The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5860 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5795-5800  sustaining above which it will target 5820,5860
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5705,5765

NIFTY a range bound session? What’slies ahead? What are the levels to watch out before the RBI meeting?

NIFTY FUTURE- Review of 18th Mar

NIFTY FUT –  had a huge gap down opening , making us  interpret the levels in a different way. Let us review how we trade such gap ups or gap downs if at all.
We mentioned that the BULLS LAST stand point as 5860 and targets below it as 5825 levels. Now once we opened gap down the same BULLS LAST STAND point will act as a resistance now instead of a support in normal situations.
This is where markets exactly made a high and failed to take that level out on multiple occasions.
Similarly on the downside NIFTY FUT made a low just above the target zone of 5825 and failing to break that on either side.
This is the kind of day you see when strong intraday weakness meets strong swing supports. Best thing to is to wait for markets to break out of this zone and initiate a break out or a break down trade.
That’s where again the levels come handy. Markets all through the day precisely traded in between the trading levels and failed to clear it on either side. This was a clear sign of a range bound day in progress. We managed to stay away on Nifty trades.
Now that NIFTY FUT has broken through one zone and closed at another crucial trend decider zone where can it head to over the next few sessions? Read our analysis on near term support and resistance levels and a few trade combinations

Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
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Time your trades with perfection and high accuracy ? Trade with the specialists of the index. Check out our unique value added services or our algorithm based trading services.

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NIFTY FUTURE – 19^th  Mar  Trading Guide

NIFTY FUT  closed a shade below our swing support levels of 5855-60 and now that will form as the immediate hurdle.  Trading above that zone NIFTY FUT can again go up to crawl and test the 5890 zones, This was pretty easily taken out the last time it was tested in a pull back. Will it be the same this time around we have to watch out for the coming sessions.But given the close and the movement we had the chance of a downside move is more accentuated.
At the same time we have strong swing support levels and in the downside zones, On the downside 5830 will form as an immediate support and a breach of that can test 5800 levels. All over again. Expect a mayhem if that level is breached conclusively.
This also provide a very low risk pull back opportunity for traders . we would want want to take the low risk swing pull backs in dips will stops and reversals below 5800, as the risk reward ratio is favorable at this stage
Also the fact that we had a small daily candle makes the trading decision relatively easier  as it is prudent to stay neutral in this zone and try and trade a pull back on the break of this trading range on either side.


Swing indicator wise the short term momentum indicator are now back to negative and will hold so until NIFTY FUT trades below 5865 The mid term momentum indicator are also negative now and will hold so until NIFTY FUT trades below 5905 levels

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5860-65  sustaining above which it will target 5890,5920
POWERTRADE TREND DECIDER OF THE DAY ------- 5825-30
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5800-05
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5760,5735

NIFTY closed at a crucial Pivotal point. Are you ready to trade another low risk high potential trade opportunity?

NIFTY FUTURE- Review of 15th Mar

NIFTY FUT –   For Friday we wrote that
“Now combining these with the chart and the price point analysis . NIFTY FUT has immediate resistance at 5960 levels and trading above that can head to 5900-6000 resistance zones.

On the downside immediate support now comes at 5920 and trading below that can go onto test 5890-5900 levels where markets should find some support.”
Markets made a high in the morning just around that level at 5967 and failed to sustain near that zone. Once we saw a confirmed failure there it drifted downwards. Once 5920 was broken in the first session itself it went on to test the 5890 zones as well. Infact we saw a low marked below 5890 but a failure to close below that still maintains that zone as a bottom.
Now how could we have traded the day with the levels and analysis presented a day before:
Bears Last stand point was given at 5965, where exactly morning high was made, Trend decider was give at 5920 zones, hence there was a short opportunity below trend decider for safe traders and  risky traders could had gone short well in advance keeping morning highs as a SL and reversal above it.

Markets now failed to sustain the momentum, but managed a close near 5890, how to trade the coming sessions and week. Read our analysis for the next session

NIFTY FUTURE – 16^th  Mar  Trading Guide

NIFTY FUT closed just around 5900 levels with a low of 5880 in the previous session, also knowing the fact that 5890 is a crucial swing trend decider for us the immediate support levels are established here at 5880-90 zones.
Let us also quickly review the options data charts to see if it presents any different view?

NIFTY OPTION Data-15th March

The options data suggests that there is now a strong build up at 5700 levels and then followed by 5800 levels.

Readers will also recall that we had a very good pull back swing trade at 5800 region from where we witnessed a good rally. On the upside we have good CE accumulation at 6000 and 6100 levels

Based on these two data we may conclude that another round of shorting can emerge if NIFTY FUT breaks the 5880-5900 zones .

Below 5880-90 we have support emerging at 5855 , 5825 and a strong swing support at 5805 levels, where we have a price point and option data support. So that level can be used as a Pull back trading zone with stops and reversal below 5800.

On the upside we will again see NIFTY FUT behaving strongly if we are able to clear the 5925 levels , we may see NIFTY FUt go all the way upto 5950 odd zones again. Swing resistance remains at 5965-75 levels. If we are able to clear that on a sustained basis we may see a strong pull back  and a good short covering.

Trading strategy wise: We would want to look for short trades below 5890 zones and long above 5925 . also it will be prudent to try contrarian trades at extremes of 5830 on the downside and 5960 levels on the upside.

Swing indicator wise the short term momentum indicator are neutral now and negative below 5880 and positive above 5925. The mid term momentum indicators are positive now and will hold so until NIFTY FUT trades above 5860 levels.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5920-25  sustaining above which it will target 5945,5960,6000

POWERTRADE TREND DECIDER OF THE DAY ------- 5885-90

POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5855-60

Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5825,5805