Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 130 views

    Nifty Trend 2

    Uploaded by

    Prasad Swaminathan
    This document provides analysis and trade recommendations for the Nifty and Bank Nifty indexes for the coming week based on a 1 standard deviation (1SD) trend forecasting method. It identifies support and resistance levels calculated using the 1SD formula and Fibonacci retracement levels. It recommends buying Nifty futures above 8583 with a stop loss of 8523, and buying Bank Nifty futures above 18895 with a stop loss of 18614. The positions should be hedged with put options. Performance of previous weekly calls is also summarized.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Nifty Trend 2

    Uploaded by

    Prasad Swaminathan
    130 views3 pages
    This document provides analysis and trade recommendations for the Nifty and Bank Nifty indexes for the coming week based on a 1 standard deviation (1SD) trend forecasting method. It identifies support and resistance levels calculated using the 1SD formula and Fibonacci retracement levels. It recommends buying Nifty futures above 8583 with a stop loss of 8523, and buying Bank Nifty futures above 18895 with a stop loss of 18614. The positions should be hedged with put options. Performance of previous weekly calls is also summarized.

    Original Description:

    candle stick

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides analysis and trade recommendations for the Nifty and Bank Nifty indexes for the coming week based on a 1 standard deviation (1SD) trend forecasting method. It identifies support and resistance levels calculated using the 1SD formula and Fibonacci retracement levels. It recommends buying Nifty futures above 8583 with a stop loss of 8523, and buying Bank Nifty futures above 18895 with a stop loss of 18614. The positions should be hedged with put options. Performance of previous weekly calls is also summarized.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    130 views3 pages

    Nifty Trend 2

    Uploaded by

    Prasad Swaminathan
    This document provides analysis and trade recommendations for the Nifty and Bank Nifty indexes for the coming week based on a 1 standard deviation (1SD) trend forecasting method. It identifies support and resistance levels calculated using the 1SD formula and Fibonacci retracement levels. It recommends buying Nifty futures above 8583 with a stop loss of 8523, and buying Bank Nifty futures above 18895 with a stop loss of 18614. The positions should be hedged with put options. Performance of previous weekly calls is also summarized.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Date: 22nd July 2016

    Friends!
    A. Real time intraday and positional software using the - 1SD and Fibonacci concept @
    Rs2750 per year Call sales at 9840348971 /09841736980/044-64995823 to purchase.
    B. Forward or distribute this trend report in your friend circle and allow them to take the
    benefit of this innovation.
    C. What is a successful trend forecast method?
    By using any method if you forecast the trend and market obey your calculation then it is
    known as good trend forecast method. Our 1SD method proving this from past 40 weeks.
    To Learn our unique proven technique of market trend forecast, buy our complete stock
    market learning material (i.e. 16DVDs+6 books+9 software) at price 17500/-ONLY.
    D. Trend report for coming week
    1 SD formula which is giving success in weekly forecast from past 40 weeks. Below given
    the weekly level for nifty future and bank nifty future for 44th week (i.e. 25th to 28th July 2016).
    What is 1 SD formula? Price range= (Price * volatility * square root of day) /square root of 365
    =(8555X10.75X7) / (365)
    Trend identification as per Fibonacci principle

    1sdprice range
    127.33
    nifty
    8553
    nifty future Trend expectation
    0.236
    30.05
    8583.05
    0.382
    48.64
    8601.64
    0.5
    63.665
    8616.66
    0.618
    78.69
    8631.69
    0.786
    100.08
    8653.08
    0.888
    113.07
    8666.07
    1.236
    157.38
    8710.38
    1.618
    206.02
    8759.02

    8522.95
    8504.36
    8489.34
    8474.31
    8452.92
    8439.93
    8395.62
    8346.98

    Trend expectation as per 1SD method: Uptrend conformation 8583, successful cross over
    above 8632 will target 8653-8666-8710-8759. Down trend conformation 8523 successful fall
    below 8474 will trigger fall till 8453-8440-8396-8347.
    Range bound trend identification: if all up move invites sale above 8617 and all down move
    invites short covering at 8489 level this indication is sufficient to conclude that the price action is
    in the range of 8617-8489
    What trade decision one trader should take?
    a. Buying above 8583 stop loss 8523 hedge with 8600 put option buy for initial target 8632 or
    selling future below 8523 stop loss 8583 hedge with 8500 call option buy for initial target
    8474 is advisable. These levels are weekly levels hence hedge the position with option for better
    money management. For intraday use our 1SD paid software.
    How to trade this week nifty future levels? On Monday or any time during the week if nifty
    cross 8583 then you buy the nifty future with 8600 put option long. If it achieves the 1st target
    8632 during the day or any point during the week revise your stop loss to 8602 and hold the

    trade. If the 2nd target 8653 achieved revise the stop loss to 8632 and hold the trade. If the 3rd
    target 8666 achieved, then trail or revise the stop loss to 8653. Continue this till last target is not
    achieved or trailing stop loss is not triggered. If trailing stop loss trigger, then close the hedging
    option position also.
    After you initiate the buy trade if the trend changes and stop loss 8523 hits then close the
    option trade, future long trade and enter the fresh trade in nifty future short and 8500 call long.
    If your trade is with the option hedge and future has reached the stop loss, then do not quit
    the trade in hurry better wait for conclusive price crossover of 0.382 retracement or for the
    closing session 3:15 to 3:30 then decide.

    Note: I am using the call long simple option strategy to demonstrate hedging principle in trade.
    However, you can write the option also and do any complex strategy to protect the trade.

    Bank nifty 1 SD levels


    Bank nifty trend report for the week (25th to 28th July 2016)

    1sdprice range
    366.737
    Bank nifty
    18755
    Bank nifty Trend expectation
    0.236
    86.55
    18841.5
    0.382
    140.1
    18895.1
    0.5
    183.4
    18938.4
    0.618
    226.6
    18981.6
    0.786
    288.3
    19043.3
    0.888
    325.7
    19080.7
    1.236
    453.3
    19208.3
    1.618
    593.4
    19348.4

    18668.45014
    18614.90659
    18571.63166
    18528.35673
    18466.74497
    18429.33783
    18301.71346
    18161.62005

    What trade decision one trader should take? Buy above 18895 with stop loss 18614 for
    initial target 18981 Use the 19000 put option 28st July expiry buy with long future. If you sell it at
    18614 hedge it with 18500 call 28st July expiry.

    Since 0.236 price giving triggering in bank nifty because of its high base value I am changing the
    entry point to 0.382 price point. Use the weekly option to hedge instead of monthly options.

    Performance of My 3rd week view for July 2016 (i.e. 25th to 28th July 2016)
    Both nifty and bank nifty failed during the week due to range bound action and resulted
    loss

    Performance of My 2nd week view for July 2016 (i.e. 11th

    to 15th July 2016)

    Nifty, bank nifty Monday gap up open did not provide any opportunity to trade in nifty future on
    Monday. Following which I have given the follow up email on Monday with new levels. Below given
    the revised level which I have email you on Monday. Long in future at 8516 with 8500 put long at 93
    given profit Rs2900 plus at 3rd target 8585. Better result shown in bank nifty in 2nd cycle levels.

    Trend for this week in 2nd cycle: If this uptrend continues then buy nifty future at 8516 with stop loss
    8466 for targets 8557-8574-8585-8622 for the week. Hedge the long trade with 8500 put option long.
    If the trend reverse at 8466 then sell the future with stop loss 8516 for target 8426-8409-8398-8361.
    Hedge the short trade with 8500 call option long. The above nifty future level is valid for this week
    remaining 4 trading days.
    Performance of My 1st week view for July 2016 (i.e. 4th to 8th July 2016)
    Trade in the nifty and bank nifty resulted loss of Rs3500 plus per lot in nifty as well as in bank
    nifty because of the tight consolidation in price in the price band of 0.382 retracement level.
    Refer the past performance of the 1SD weekly trend calculation (from September 2015 to
    April 2016)
    We are the only company dedicatedly support you in profit making. you just need strong
    will power to trust this concept and use it.

    You might also like