SBI time swing 1 minit chart

sensex forcasting for nov& dec 2012

Murrey Math Lines for nifty

crude oil buy/sell signal on 23/10/2010

nifty buy sell chart on 23/10/2010

nifty intraday buy/sell indicater

Buy/Sell indicater Samples on 15/10/2012

Nifty  intra day  chart

SBI chart:

buy sell indicater samples on date 12/10/12

Hear i pasted some samples  photo copy attached  as follows

1. SBI chart  date 12/10/2012

2.  NIFTY chart  Date 12/10/2012

Murrey Math Lines

13 Those Mystical Lines v 2.0 - Murrey Math Lines

Murrey math lines comprise 9 equidistant lines which run parallel to one another. MM lines from the bottom are at the levels 0/8, 1/8, 2/8, 3/8, 4/8, 5/8, 6/8, 7/8 and 8/8. 0/8 is the oversold line and 8/8 the overbought line; these are the hardest lines to cross and around 75% of the time, the crossing triggers price reversal. The range between 3/8 and 5/8 is the normal trading range and price tends to consolidate at these levels before falling (3/8 line) or rising (5/8) beyond this trading range.

Like Fibonacci retracements, when the price is between two lines, the upper line is considered as resistance and lower line is considered as support. When the price rises above 5/8 and touches 6/8, it has a tendency to reverse to retest the 5/8 level before heading high. The same is also applicable to downtrends; the price tends to reverse to retest the 3/8 level before heading down.



Caution: Murrey Math lines are a set of support and resistance lines and like any such line are NOT predictive. Which means that when you trade with these lines, there is a risk inherent in the trade, which is mitigated by the "likelihood" of price moving in the direction suggested by Murrey. Hence, any trading strategy based on Murrey Math lines or MML must have a strong risk management or stop loss overlay to avoid losing capital

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13.1 Murrey Math Lines - Understanding the Levels

This graphic illustrates the following:
8/8: Hardest line to rise above (overbought)
7/8: Fast reverse line (weak)
6/8: Pivot reverse line
5/8: Upper trading range
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4/8: Major reversal line
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3/8: Lower trading range
2/8: Pivot reverse line
1/8: Fast reverse line (weak)
0/8: Hardest line to fall below (oversold)

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What this is showing us is that many times, if price is above the 5/8 line and falling, it will generally stop and consolidate around 5/8 first before heading lower. The same is true in the opposite direction: if price is below the 3/8 line and rising, it will generally stop and consolidate around the 3/8 line before heading higher.

On top of that, if price is between the 5/8 line and 6/8 line and heading higher, the tendency is to bounce off/reverse off the 6/8 line and retest 5/8 before heading higher. The same is true for shorts, if price is between the 3/8 line and 2/8 line and heading lower, it tends to bounce off the 2/8 line and retest 3/8 before heading lower.

Why does price do this? Remember, price is between the 3/8 and 5/8 line about 43% of the time. So before it jumps outside of its comfort zone, it needs to be sure (hence the retest).

Now let's take a quick look at what happens when price moves above 8/8 or below 0/8. This does not occur too often, but when it does it's important to know what to expect.



The above illustration tells us the following: If price moves above 8/8, 75% of the time the price will reverse off the +1/8 line and retest 8/8 before moving higher to +2/8. Similarly, if price falls below 0/8, 75% of the time the price will reverse off the -1/8 line and retest 0/8 before moving lower to -2/8.

Now, if price moves beyond the +1/8 or -1/8 lines, then 95% of the time it will reverse when it hits +2/8 or -2/8. Remember, the market was already in overbought (8/8) or oversold (0/8) mode, so once we push that to the extreme (+2/8 or -2/8) it is extremely unlikely (95% chance) to reverse.

SBI buy/ sell signal

September 4th 2012 nifty targets

Up side target 5330  and Down side target is 5241.trend is in down side if nifty bricking 5270 bellow target is 5241


sep-3rd 2012 Down target achieved. ( i.e 5274)

Rules of Open Interest

• If prices are rising and the open interest is increasing at a rate faster than its average, it is a bullish sign.
  This indicates that more participants are entering the market, involving additional buying, and any purchase is generally aggressive in nature.
• If the open-interest numbers flatten, following a rising trend in both, price and open interest, take this as a warning sign of an impending top.
• High open interest at market tops is a bearish signal if the price drop is sudden, since this will force many 'weak' longs to liquidate.
  Occasionally, such conditions set off a self-feeding downward spiral.
• An unusually high or record open interest in a bull market is a danger signal.
  When a rising trend of open interest begins to reverse, expect a bear trend to get underway.
• A breakout from a trading range will be much stronger if open interest rises during the consolidation.
  This is because many traders will be caught on the wrong side of the market when the breakout finally takes place.
  When the price moves out of the trading range, these traders are forced to abandon their positions.
  It is possible to take this rule one step further and say that greater the rise in the open interest during the consolidation, greater is the potential for a subsequent move.
• Rising prices and a decline in the open interest at a rate greater than the seasonal norm is bearish.
  This market condition develops because short covering and not fundamental demand is fueling the rising price trend.
  In these circumstances, money is flowing out of the market.
  Consequently, when the short covering has run its course, prices will decline.
• If prices are declining and the open interest rises more than the seasonal average, this indicates that new short positions are being opened.
  As long as this process continues, it is a bearish factor.
  However, once the shorts begin to cover, it turns bullish.
• A decline in both, price and open interest indicates liquidation by discouraged traders with long positions.
  As long as this trend continues, it is a bearish sign. Once open interest stabilizes at a low level, liquidation is over and prices are then in a position to rally again.

If prices are rising and the volume and open interest are both up, the market is decidedly strong. If prices are rising and the volume as well as open interest are both down, the market is weakening. Now, if prices are declining and the volume and open interest are up, the market is weak. However, when prices are declining and the volume and open interest are down, the market is gaining strength. 

 

nifty 3rd -sep 2012 forcasting

Targets for September 3: Up 5337 and Down 5274. In case of one sided movement, or consolidation, one or both targets will be irrelevant.


medium term is berries  if 5260 below target is 5170-60

nifty weekly view 24th to 29th jun 2012

nifty weekly view is in sell side . trader can sell rise near to  5170-90 level . traget is 5050-5020 

call validity till friday.

INFOSYS Result Day profit Rs- 60,000 /-in one day 13/04/2012

GANN wheel services

NIFTY GOLDEN PACKAGE: RS - 15000/- per month

Weekly  two(2) Calls provided , call will valued for holding pired   of   2-3 days.

Calls will be provided before one hours market opens .

Minimum  Profit per calls  100 points .

Live support on Yahoo.chat  during market hours.

weekly profit Rs 20000/- operating with 2 lots  ( Monthly Rs 20000*4= 80000/-)

Minimum fund required  2 lot span margin.


Monthly service  package charges   Rs  15000/-  

Last week call : we told weekly close will be at 5265 due to two day trading holidy nifty may test 5265 on monday.

Gann wheel weekly Range projecten- 2- to 6th april 2012

Last week

According to gann wheel range projection last week is  5348 - 5158   it is happen exactly levels . our expected weekly close at 5320  . all the target achieved last week.

This week:

according to gann projection next week nifty will be range b/n  5245  - to  - 5371 this indicated nifty weekly range is showing 124p ( 5371-5245=124) according to historically data weekly range is 200-220 p in a week.
according to standard weekly range can be modified in to 5371+ 50 = 5420  & 5245-50= 5195. we conclude  next week range b/n 5200- 5420 .

according to above condition  trader should till testing of 5420 keep buying  & keep selling once reaching to 5420  . weekly closing expected at 5265. ( next week Friday closing price)

for secterwise free trial trading calls contact above no or yahoo.chat

Nifty next week Range projecten - 26-30th March

 Nifty next week range b/n   5072 - to-5413  Trader can initiate long at 5072 near keep st + at 5050  or  sell near to 5413 level keep st + at 5430  this trading levels holds good for entire week.if


Similarly Bank nifty weekly  level     9974  -  10478.
Similarly Silver  weekly  level            55625  -  57475
Similarly SBIN weekly  level             2086  - 2217.

Above all prices referred as feature price only.

For free trials  SMS your mail id   to above Mobil no  or  mail

silver intraday range projecten -20/03/2012

Budget day we recommended  nifty going bellow 5396 bellow  nifty will fall to 146 points(i.e 5396-146 = 5250  ) .yesterday exactly it is happen.

Today  silver range projected  57171   - 58083 

trader should take long at 57170  & sell near to 58080 level  target will be 300-400p .

 

Budjet special call -16th march 2012

Today is budget day nifty will move 150-200 points  levels of nifty projecting as fallows.


Nifty will be trade in the range of  5352  -to- 5463  . nifty weekly brick out level is at 5396  . if nifty is going bellow nifty will go 146 points from there. today we expected nifty will be up trend trader should keep st+ at 5390 take long , Cross over of today brick out level 5463  next target will be 5540 then 5600.