Indian Markets Futures Trend Update - 20 December 2010

Nifty Futures
Swing : UP
SAR : 5863
Low risk entry : 5900
Target : 6020
Bank Nifty Futures
Swing  : DOWN
SAR :11625
Low risk entry : 11420
Target :11030

ICICI Bank  Futures
Swing : DOWN
SAR : 1130
Low risk entry : 1106
Target : 1056


  1. Good afternoon,

    Anuj bro, are you deducting ATR points from pick @high or add @low ? For SAR ??


  2. @abhishek
    Hi,that's right,most of the time.Specially during a trading range market.
    And using a trendline, a moving average and RSI (failure swing)during a trending market.Pivots, ATR in case of sideways markets.
    Cheers :)

  3. @SOM
    Hi nice to hear from your side.Thanks,I dont know for how long I will update the blog.Internet connectivity is bad here as I have relocated.
    I believe you deal with fundamental analysis as well.Can you recommend any good blog or website for the same.
    And when are you going to change you id to "grand daddy of market" :)) have got lots of experience now.A change will sound great!
    I havent met someone with such a vast market experience.It's a pleasure interacting with you and learning from your experiences.
    Keep in touch