Nifty Trades for 31/10/2012

31/10 09:15  Trend: Negative
31/10 09:15  Sold at 5645/5638, SL Trailed: 5620, Next Targets: 5577, 5569, 5564
31/10 09:45  SL Trailed: 5614, Next Targets: 5577, 5569, 5564, 5558
31/10 14:25  SL Triggered. Book profits in Shorts. Trend: Positive
31/10 14:30  Buy Nifty near 5601-5608, Target: 5641, SL: 5586
31/10 14:30  Caution: Positive Momentum Weak, Avoid Trade or Trade in very low Qty.
31/10 14:45  SL Trailed: 5590.

Nifty Trades for 30/10/2012

30/10 09:15  Trend: Negative, Sell at: 5672-5666, Target: 5635, SL: 5673
30/10 10:20  SL Triggered. Exit Short Positions
30/10 10:20  Trend: Positive
30/10 10:25  Buy at 5665-5672, Target: 5703, SL: 5651
30/10 10:30  SL Trailed: 5659
30/10 11:05  SL Trggered. Exit Long Positions
30/10 11:05  Trend: Negative
30/10 11:10  Sell at 5645/5638, Target 5605, SL: 5660
30/10 11:20  SL Trailed: 5646
30/10 11:35  Target Hit, Book Part profits, Hold Rest with Trailing SL
30/10 11:35  Next Target: 5591
30/10 11:40  SL Trailed: 5633, Next Targets: 5591, 5577
30/10 11:50  SL Trailed: 5625, Next Targets: 5591, 5577, 5569 (Major Support)
30/10 14:45  Target Hit, Next Targets 5577, 5569 (Major Support), Hold Trade
30/10 14:50  Sl Trailed: 5620, Next Targets: 5577, 5569, 5564
30/10 15:15  Trade is still a hold. Intraday traders may book profits.

Nifty Trades for 29/10/2012

29/10 09:15 Trend: Positive
29/10 09:15 Swing Entry Range: 5659 - 5665, Swing Target: 5696, Trend Reversal Level: 5646
29/10 09/20 Trend Reversal Level: 5663
29/10 09:40  Swing Target Hit, Book Swing Profits and Hold Trend Trade.
29/10 09:40  Next Swing Targets: 5714, 5721 Trend Reversal Level: 5670
29/10 12:35  SL for longs hit. Exit Long. Trend: Negative
29/10 12:45  Swing Entry Range: 5672 - 5666, Swing Target: 5635, Trend Reversal Level: 5686
29/10 13:40  Trend Reversal Level: 5680
29/10 14:35  Trend Reversal Level: 5673
29/10 15:30  Neither Target nor SL triggered within day-end. Hold till next day

Launch Of Nifty Live on AutoChannels

From today, we are going live on nifty based on Auto Channels on 5-min charts. We will be updating buy and sell signals with swing targets and trend reversals based on Auto Channels. Trades may be initiated and closed on Intraday basis or may be carried forward for the next trading session. Please be aware of the risks involved in holding positions overnight. You may either paper trade or trade in small quantity based on signals generated by Auto Channels. Always place a protective SL when trading so that we do not loose major amounts due to sudden unforeseen moves in Nifty as we have witnessed quite a few times in the past.

From the last trading session on 26/10/2012, Nifty has given a positive breakout just before close. As such, we will start today's session with a positive bias above 5646

Trend: Positive, Swing Entry Range: 5659 - 5665, Swing Target: 5696, Trend Reversal Level: 5646