Nifty & Bank Nifty, Technical Levels For Swing Trading, Update - 20 July 2012

No Changes

Nifty Spot Rates, Technical Trading Levels
Swing : Down
SAR : 5260
Low risk entry : 5210
Target : 5130

Bank Nifty Spot Rates, Technical Trading Levels
Swing : Down
SAR : 10720
Low risk entry : 10600
Target : 10350


  1. sir above nifty and Bank nifty spot levels for intra day or positional

  2. Hi Saptharshi,
    Positional, you can check the following post for some ideas.


  3. Dear A J,

    For last few days, I'm going thru yr system.May I know, after taking position at SAR, what will be the SL or SAR for the same day ?

    1. Hi Soumen,
      It will be pivot high or low, in other words recent high or low that you can see in the chart in the previous 2-3 days.

      That's what I do when I update the levels here, some people keep aggressive stops (say 20-30 points) as you can get a false breakout of SAR. Ideally one should adjust their volume (number of lots) keeping SAR the way I update it. But with fixed lots and limited capital people will have trouble keeping SAR which may be 100-150 point away from LTP (Last Traded Price)
      So it all boils down to your comfort level :)

  4. Dear A.J.,

    Thanks for yr prompt reply.