BANKNIFTY FUTURE -INTRADAY UPDATE

At 12.04pm

In the market opening itself we have noticed some weakness in the market and we gave a sell call at 9520 and SL at 9526.00 that triggered in no time and still we insited not to go long and again gave a sell call at 9542.00 level. and in a hurry to cover our shorts and covered and booked profit around 5520 level and told to many brave hearts that the market will be down and touch 9470.00 few people were lucky to gain additional 40points.

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We some how missed today, a good opportunity of booking 90 points profit in one stroke.instead we could made only 40+points...Now we asked to buy at 9460level and kept our stoploss @ 9444.00.Let see what the market going to offer....

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Update at 12.35pm

The day is lucky enough for us..we ask every one of our clints to book profit in 9510 level and it was sold at 9530.00.No position on hand.70-points in one stroke.Just feel great.

UP Date at 1.37pm

We sold at 9528.00 and covered at 9502.00 >26 points profit

update at 2.10pm

Bought at 9470 and sold at 9512.00>42 points profit

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Today we made a net profit of around > 190+ points.

That means if one would have gone 2 lots means- i.e. 100X 190 = 19,000.00/-as a net profit.

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There are few clients of our's made more than Rs. 1-Lakh today just in intraday trade as per our tips.We are glad to notice our accuracy level and its progress day by day.

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Will Nifty Cross The 5500 Mark?

The recent rally of indian markets raised questions among the positional traders.On march 25th onwards the markets claimed up and nifty touched a new high of this year.(Banknifty was traded in 9200 and now it is in 9600 Range).Many of the news makers start speculating the news that,the nifty is leading an another rally towards a new high...But today market was showing a mild correction and again the doubt raised many eyebrows.The purpose of this post is to clear the doubts/rumours and have a clear view of the market.One can not catch the fish in the muddy/unclear water.

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As per the 'EW' the Nifty currently in the 3rd wave> and that shows a target of 5460 .So nifty can attain the 5500 mark easily.Not alone this the indian banks may pull up the rally anytime and support nifty to cross 5500.00 mark. Be prepared for that.The month April is going to be a mile stone in indian market.!!.

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Almost all the traders with whom i am dealing with, feels that the market is matured enough and they are already started staying away from the market.This is what they call "Fight or Flight" situation.Play safe.

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In today market, We, some how avoided the intraday long positions and managed to sell at every high's and we succeded in three of our attempts and failed in one ,that caused 7 points loss,hence the stoploss got triggered.

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Any how our clients made a net profit of 100+ Points excluding the brokerage. 'Few of our Smart clients today made a profit of Rs. 50,000/-( They trade in- 10Lots ).We are really thrilled by their over whelming responses.It is our utmost responsibility to alert them to play safe.>>When you are trading beyond 2-lots you have to be more cautious and follow our Stop loss strictly.Do not ignore,we want you to be in a safe zone all the time.

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As we keep on insisiting to ' all day traders' the first thumb rule -

'Safety First'

Nifty and Banknifty Futures

Today the market was very neat and all the technical indicators are tuned up in one particular direction..i.e the Uptrend. During the opening we alerted many of our people not to attempt any short in nifty and bank nifty future.Instead we gave a buy call at 9170.00 exact low of today and gave SL@9162.00.It worked very well and many bought at 9172.00 since, banknifty future stayed there for a longer time.

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We have given a target @ 9246.00 and many trader where restless during the 9210.00 level and we told them not to do anything and the target will be surely achived today and it become true.When it reached 9230 level we have seen some thing in the graph that develops to a enguling bullish candle stick formation in nifty as well as bank nifty and asked many to remove the 9246 sell order and replaced it to '9272.00' and that was hit within a short span of time...There on the market was unusually bullish and gone upto the day high 9339.00.

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So,The net profit for our cleints is 100 points (ie.100X100=Rs.10,000.00) We would like to invite you to join in our paid subscription scheme and gain money on a daily basis in intraday. To know more visit here>>> www.bankniftyfuture.blogspot.com

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See the above graph of nifty and banknifty...look at the pattern how eratically it went up to the top of the ladder.

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Last two day we were telling not to carry any fresh positions..because of the F&o closing and hope that would have saved many people money.