Nifty & Bank Nifty, Technical Levels For Swing Trading, Update - 21 June 2012

Nifty Spot Rates, Technical Trading Levels
Swing : Down
SAR : 5142
Low risk entry : 5100
Target : 5020

Bank Nifty Spot Rates, Technical Trading Levels
Swing : Down
SAR : 10000
Low risk entry : 9830
Target : 9550
Posted by A J at
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4 comments:

  1. AnonymousThursday, June 21, 2012 8:49:00 AM

    GM AJ,

    Visiting your blog for the first time. It is very useful and thank you for sharing a simple swing trading system. I am going to follow your levels daily starting today. Many Thanks again for helping your fellow traders.

    Regards

    Suresh

    ReplyDelete
    Replies
    1. A JThursday, June 21, 2012 9:46:00 AM

      Hi Suresh,
      cool, do read the following link.

      http://financeandtradingmadeeasy.blogspot.in/2010/01/how-to-use-market-calls-table.html

      Delete
    2. AnonymousThursday, June 21, 2012 7:44:00 PM

      Hi AJ,

      I had entered short at 5110 and SAR got hit and now I am long.
      Just checking if my understanding is correct. Waiting now for your SAR to place stop tomorrow.

      Regards
      Suresh

      Delete
  2. A JThursday, June 21, 2012 10:57:00 PM

    Suresh, don't follow any levels blindly, how will you become independent by following anybody's analysis.
    Sometimes the stops are very wide as volatility rises and expect 2000 points in an year only.
    Once you entered long you should put a stop in system. You must know your own SAR number to manage the trade.
    Good Luck :)

    ReplyDelete

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