Market trading Strategy, at these levels. Where is the downside expected to be challenged

NIFTY FUTURE-  Market Review 5th April

NIFTY FUT-  A day where markets traded in an overall small range of 40 odd points, but a near perfect trading day with our trading levels.This is also one of the situations where despite a bearish move when in one hand you think that the trend may be arrested and we may be in it too late. On the other hand as a trader we just want to take a trade as pr our trade plan and trading levels.

We mentioned that the Trend decider of the  day is 5595 and  below that we mentioned that the BULLS Last stand point of the day is 5565.  NIFTY FUT opened gap down and just made a morning high there exactly at 5595 levels. Once the level was failed to clear it drifted downwards eventually during the course of the day NIFTY FUT made multiple bottoms in that levels  and managed to pull back every time from that range.

More importantly what makes this important is that we had discussed about these levels even before they were tested, technical analysts will appreciate that these were new levels something that was not tested in the near past.

Also lets see what did we write as our trading strategy : “Look to short below 5590 levels or in pull backs to 5630 odd trading levels and a long above that zone.”

Now where is NIFTY FUT headed in the coming sessions. Where is the downside thrust genuinely expected to be challenged. Read our review and analysis for the next session

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 NIFTY FUTURE – 6^TH April  Trading Guide

NIFTY FUT tested the support zones of 5560 levels and just managed to sustain it on a closing basis for the day, at the same time good thing for the bears is we witnessed a second consecutive close below the crucial 5600 levels.

Immediate trend decider will be the 5565-5560 trading levels and we have to watch out how markets play around at this level, that is whether it manages to hold on to these levels or break them instead.

In case markets break this level we can go on to test the next support levels of 5515-25 zones, also below that there is a support buffer likely to emerge at 5500 trading levels.

On the upside 5595-5600 will form as the immediate hurdle and only a sustained close above that can mean a sign of some upward retracement. Above that 5630 will remain as the crucial swing hurdle and a clear of that only will confirm an intermediate bottom. Until then all rise to that level will be shorted .

Trading strategy: Look to short in case NIFTY FUT trades and holds below 5560 or in pull backs to 5590-5600 zones. With stops and reversal above that level. On the downside risky traders may attempt a pull back longs  with stops below 5500 levels and shorts on close below that.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5595-5600   sustaining above which it will target 5630,5665
POWERTRADE TREND DECIDER OF THE DAY ------- 5560-65
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5515-20
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5500,5470

Markets in Downtrend- Where is it headed?

NIFTY FUTURE-  Market Review 4th April

NIFTY FUT-   We had mentioned that the Trend will be downwards on an intraday basis if NIFTY FUT trades below 5660 levels. This proved as an immediate trading opportunity when markets opened gap down and just traded below that level. Opening high made at 5858. Look at the importance of our level, once that high was not crossed it immediately confirmed the continuation of the downtrend.

Once that level was breached which was also our TREND DECIDER it went on to test the trading levels of BULLS LAST STAND point at 5635 and once that was broken, It meant may hem. Yesterday we discussed that whether the markets will be third time lucky? We mentioned that once the levels of 5600 odd are tested, traders should wait for a clear of 5630 at least to confirm a come back.Again look back at the charts , after 5600 levels were tested the pull backs failed to clear 5630, high made was 5628. This ensured shorts are on cards either on break down or pull backs. We did both with an average short price of 5650 levels and reaping in massive gains make up more than the lost points for yesterday.

NIFTY FUT closed below the crucial trading levels of 5600 marking the first close below the 5600 levels . Where is markets headed next? Read our analysis for the next session

Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

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 – 5^TH April  Trading Guide

NIFTY FUT closed below the crucial trading levels of 5600 and more importantly broke through the 5630 trading support levels.Well this now confirms the short term down trend in market as well. Two sessions back we marked that 5760 is the crucial hurdle zone and if NIFTY FUT fails to clear that the downtrend will continue to sustain. Markets now have corrected near 160 points from those levels.

Now the previous support of 5630-35 will act as a crucial hurdle and only a sustained close above it will confirm that markets have indeed  created a bottom. On the flip side all pull backs to that levels should be shorted and swing wise NIFTY FUT is now poised to test the downside levels of 5460 in case the market  trades and holds below 5600 in the coming sessions.

Immediate downside targets below 5590 emerges at 5560 zones and trading below that can attempt the levels of 5500 as well.

On the upside only if NFTY FUT manages to clear the 5630 trading levels will we see a pull back to 5660 zones and higher.
Trading strategy: Look to short below 5590 levels or in pull backs to 5630 odd trading levels and a long above that zone.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5630-35   sustaining above which it will target 5660,5690
POWERTRADE TREND DECIDER OF THE DAY ------- 55595-6500
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5560-65
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5530,5505

Market Review of 3rd April and Analysis for 4th April

NIFTY FUTURE-  Market Review3rd April

NIFTY FUT-  Readers will recall we had mentioned that 5720 level was the zone to watch out for and at the same time 5760 on the upside was a hurdle . Yesterday we saw a break out of the 5720 range to attempt 5760 zones. Today again we saw that level to be attempted. We also had a failed breakout trade above that level where we got trapped too. The trade got hit.

The failure of NIFTY FUT to take out that level was confirmed once 5720 was broken on the downward journey.The worry some part for the BULLS though was for the fact that NIFTY FUT failed to even hold on to 5700 levels and closed below it.

But im sure the swing traders did manage to enjoy a good pull back from our swing support zones of 5630 odd levels where we saw a near 100 points bounce back.

Now that NIFTY FUT has closed below the 5700 levels the mid term mood again turns somber. How to trade the next few sessions? Read on our analysis for the next session.

Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

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 – 4th April  Trading Guide

NIFTY FUT closed below the crucial support zones of 5700. This despite the fact that we saw a significant option build up around that level.

This will prove as the immediate upside hurdle again. Even if that is cleared all pull backs to 5725 zones will be resisted. Only if we see a confirmed close above that level we will be ensured that the BULLS have a fight back chance.

On the downside NIFTY FUT will have immediate support at 5670 levels and a break of that will ensure NIFTY FUT sees more downside momentum to test the lower support zones of 5640 and lower. BULLS will create some supply again at the5600-5630 zones. Readers will recall that we had identified that level twice and at both occasions markets gave a significant low risk pull back trade. Will we be third time lucky? Well best way to see is if that level is indeed test we wait for a significant move above 5640 to initiate any trades and at the sametime have reversal trades ready.

Automated Technical analysis of key indicators:

Advanced Technical Chart analysis forNIFTY_F1():

----Price and moving averages Analysis----:

NIFTY_F1() has closed below its Short time moving average.

Short time moving average is currently above mid-time, AND below long time moving averages.

The relationship between price and moving averages is: neutral in short-term, and neutral in mid-long term.

----Volatility Bands Analysis----:

NIFTY_F1() has closed below the lower band by 5.8%.

Volatility Bands are 26.9% narrower than normal.

The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

-----------MACD signal analysis-----------

Current Statistics

Close: 5,683.300

Change:  -36.600

MACD Value:   10.016

Signal Line:   15.800

Crossovers:

================

Currently the MACD is bearish since it is trading below its signal line.

The MACD crossed below its signal line 1 period(s) ago.

Since the MACD crossed its moving average, NIFTY_F1's price has decreased   -0.640%

And has ranged from a high of 5,751.000 to a low of 5,666.400

Overbought/Oversold

================

The MACD is not in an Overbought/Oversold range.

Divergence

================

There have been no divergence signals within the last 5 periods.

---------RSI Signal Analysis---------------

Current Statistics

The current value for the 14 day RSI is   40.835

Tops and Bottoms

================

The RSI is not currently in a topping (above 70) or bottoming (below 30) range.

Buy/Sell signals

================

A buy or sell signal is generated when the RSI moves out of an overbought/oversold area.

The last Signal was a buy 43 period(s) ago.

Failure Swings (also known as support or resistance penetrations or breakouts)

============

The RSI has just reached its lowest value in the last 14 period(s).  This is bearish.

Divergence

==========

The RSI and price are not diverging.

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5700-05   sustaining above which it will target 5725,5755
POWERTRADE TREND DECIDER OF THE DAY ------- 5665-5670
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 ---- 5650,5600,5570

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

Market Review for 1st April and Analysis for 2nd April. Automated complete Technical Analysis

NIFTY FUTURE-  Market Review 1^st April

NIFTY FUT- For this session on Monday we had mentioned that NIFTY FUT will face immediate hurdle at 5700 levels. Both in the opening session and in intraday basis too that level more or less proved to be the support zones, Once NIFTY FUT managed to trade above 5700 in the opening move, this level acted as a support and provided two trading opportunities. One to trade a break above 5720 levels and secondly to trade a pull back in dips to 5700 levels.

We also mentioned that  5725 is a swing decider level and at the same time was an intraday BEARS LAST STAND point of the day. markets gave a quick 20 odd points move just once it went past that levels. Overall a range bound session in a way , providing mostly a pull back trading opportunities.  We took the same trades twice going long near 5720 booking around 15-20 points in an average in both the trades.

NIFTY FUT just closed a shade below the crucial trading levels of 5725. What is in store for the next session.

Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

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 – 2^nd April  Trading Guide

NIFTY FUT closed near the crucial trading levels of 5725 zones, this will prove as the immediate trend decider level.

Also today we decided to present a completed automated market analysis for NIFTY , combing various technical factors, Review this and do let us know how does this fit into your trading plan

----Price and moving averages Analysis----:

NIFTY_F1() has closed below its Short time moving average.

Short time moving average is currently below mid-time, AND below long time moving averages.

The relationship between price and moving averages is: bearish in short-term, and neutral in mid-long term.

----Volatility Bands Analysis----:

NIFTY_F1() has closed above bottom band by 35.5%.

Volatility Bands are {EMPTY}% narrower than normal.

-----------MACD signal analysis-----------

Current Statistics

Close: 5,721.650

Change:   38.150

MACD Value:  -60.742

Signal Line:  -49.319

Crossovers:

================

Currently the MACD is bearish since it is trading below its signal line.

The MACD crossed below its signal line 6 period(s) ago.

Since the MACD crossed its moving average, NIFTY_F1's price has decreased   -0.051%

And has ranged from a high of 5,772.000 to a low of 5,604.000

Overbought/Oversold

================

The MACD is not in an Overbought/Oversold range.

Divergence

================

There have been no divergence signals within the last 5 periods.

---------RSI Signal Analysis---------------

Current Statistics

The current value for the 14 day RSI is   42.595

Tops and Bottoms

================

The RSI is not currently in a topping (above 70) or bottoming (below 30) range.

Buy/Sell signals

================

A buy or sell signal is generated when the RSI moves out of an overbought/oversold area.

The last Signal was a {EMPTY} period(s) ago.

Failure Swings (also known as support or resistance penetrations or breakouts)

============

The RSI does not currently show any Failure Swings.

Divergence

==========

The RSI and price are not diverging

Trading levels for the day:

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- 5750-55   sustaining above which it will target 5790,5625
POWERTRADE TREND DECIDER OF THE DAY ------- 5720-25
POWERTRADE BULLS LAST STAND POINT OF THE DAY------- 5690-95
Breakdown and sustaining below POWERTRADE BULLS LAST STAND POINT OF THE DAY will open target for support of ---- 5665,6535

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

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



Commodity traders can now follow our Advanced Automated trading signals Live at www.powertrades.blogspot.com
                                                                                                                     
Folks who love systematic trading can follow our Automated Stock Calls posted live at our Facebook page : www.facebook.com/powertrade.trading

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