NIFTY TREND

Nifty and bank nifty - both are in the breakout mode. Any dip is a buy. One can expect a minimum of 11450-550 in nifty and 28100-28350  in bank nifty during the next week.

Do not expect any big correction and do not be in short side if you  do not believe in this bull run. As long as S&P index has not crossed 2872 ( previous high) our market wont come down. It is just 40 points away from ATH. August month is likely to set record high globally for all indices.

Our members have already taken 11300 CE on expiry day at bottom and holding it till we meet our target.

Refer my previous postings where I have clearly mentioned break out in BN to happen once it crosses 27164.    Had you followed the blog, you would not have missed the rally in bank nifty.

Any way, for good profits, hang on to 280000 CE month end expiry around 200-220 for target of 500+ with SL at 194.

EXPIRY TREND

This expiry could be anywhere between 11060-11100. Since Bank Nifty has no inclination to cross 27165, we cannot expect any big move. Of course, it may move in the north direction immediately after expiry.

It is advised to trade with extreme caution during the next two sessions. 

Take care!!

NIFTY TREND

All my followers are in jubilant mood. We have made 30%  on carry over option in the morning and in the afternoon the dip in nifty helped in picking CE at the best rate and again got a nice exit at 11140. It was a day when money was pouring like rain.

We go by our levels which are very accurate. 

Nifty and bank nifty -both are in buy mode.  One can expect a modest close in this expiry and fire works may continue after expiry also. 

Now we do not keep any position. Any further trade only when Nifty crosses 11167.

Happy Trading!!

NIFTY TREND

There could have been much disbelief among the investors about nifty movement. But at last our index is going  to guide US market to surpass thee previous high. We may see S&P surging ahead towards 2872 which was the previous high. Nasdaq has already surpassed the ATH recently. 

This is just a comparison to see whether our index is at par with US market. For all practical purposes Nifty takes cues from itself and is independent from other index. It is not  necessary for our market to follow the other markets.

The stellar I quarter performance of large caps, good monsoon, slash in GST paves way for further lift in the index before expiry. 

What to expect with in this expiry:

Nifty can reach 11225 surpassing the previous high of 11171. Anything above is a bonus for the investors.

Bank nifty can reach 27350. This is possible if the spot closes above 27150 on hourly basis.

Happy Trading!!

NIFTY TREND

Nifty closed today above 11000, renewing its interest to surpass ATH. Last week was a consolidation week where 10925 level was tested. Technically nifty is already in bullish mode, a daily close above 11060 should take nifty near 11200.

Bank nifty has closed 93 points below previous week.   Once 27165 is taken out in Spot, one can see big jump in bank nifty. Wait for this level to be broken on hourly or daily basis.

Keep a minimum target in nifty 200 points from 11010 and 27420 on Bank nifty given the fulfillment of above conditions.

Our members are already long in Nifty options call with one more doubling in the last week. Remember we have already made more than 200% in 10700 CE. Trade for July already closed. We try jackpot on 26th risking a small amount.

We do not trade everyday and we look for doubling trades only. All my members are now technically sound to decide whether to enter into trade or not on any given day. They learn while they earn.

My best wishes to all new entrants for a very new beginning in their trading style and perfect TEN Trades to grow rich with a small investment.

Do reach me on narayanansrirangam@gmail.com for August entry.

Happy Trading!!

NIFTY TREND

Nifty takes support at 10929 and face stiff resistance above 11070.  The range is 10925-11060.  Unless any one of these numbers is broken, there is no big move. 

Having reached 11078, just 100 points from ATH, is there any chance of making new high before this expiry?

It is possible only if nifty stays above 11060 on a daily close basis.

Bank nifty on the other hand is also facing  stiff resistance at 27165. Support seen at 26689.  

Keep watching for these numbers and make use of the above levels when you find them on daily close basis.

Happy trading!

PATIENCE

members: Please wait for trade. Those who are holding can exit and book profit

ATTENTION - MEMBERS

My phone is given for servicing. Please hold on to long with previous close as SL.

NIFTY TREND

Nifty and Bank nifty both ready for another bull run. It took support near 10929. See my previous  post to confirm the same  number  posted as a strong support.

Now the next level to watch in nifty is 11076. Only if it crosses this number, new  ATH is possible. One cannot rule out 11225 if this number is crossed in this week.

Bank nifty has crossed 27k and we can expect 27375.

My followers are again long in CE yesterday and they have positioned at a 11.30 AM when the market was reversing. They are holding the CE till expiry for big gains.

Remember, this month we have been long right from day one and all have doubled the investment twice.

I can take new members only during August I week as I focus on members batch by batch. Do reach me on narayanansrirangam@gmail.com

As  committed, I have been giving doubling trades. It is for the investor to make best use of the advises and multiplying the money. 

Happy Trading.

THANK YOU

My best wishes to all new entrants in this week who are ready for a new beginning and limited trade in a month.
The membership group for July is almost full.
Good luck.
I will invite new members only by next month.

New Members Invited

In order to make the small investors aware of the levels and teach them technical and pick only profitable trade, I would request those who suffered losses to make best use of our technical levels and good trades. You can recover all your losses in a year if you follow disciplined trade.

Make a new beginning and try out .    Most of the losses are arising due to ignorance of levels. 

Think ... Decide  and Act...

Ultimately it is your decision to get in to disciplined trade that will make your life happy...

Do mail me  at narayanansrirangam@gmail.com

NIFTY CHART

Nifty could see a new high as break-out is clearly visible in the chart. I do not assume anything. But technically what it shows is a further upward momentum in Nifty.

See and believe...

NIFTY VIEW

Nifty has reached a stage similar to December weekly close.
If it touches 11400 by this expiry it is not a big surprise..
My followers are big winners as I have recommended 10700 ce from July 1st.
They are more than double now and holding with sl at 10976 for big gains.

Do not miss good trades. Make profit as you start with small capital.
Do try out with my powerful technical and guidance.
Do mail me at
narayanansrirangam@gmail.com
Be a winner. Don't worry about market direction, inflation, trade war bla bla bla...
Bullish or bearish... Be trendish..

Double and Quit

We have already identified the up move and long on Nifty 10700CE and doubled our amount. Entry at 121 & exit today morning above 250.
Now we wait for any dip to enter.
Our members follow disciplined trade.
Are you missing such trades?
Do mail me at
narayanansrirangam@gmail.com

Nifty trend

Today nifty surpassed 10851 thereby making it clear that this market belongs to bulls.
Next target is 10929 & there after new ATH. Bank nifty has crossed 26744 and next move is 27k + in July.
Do not short this market and do not buy Puts and be with the trend.
Happy trading!!

NIFTY TREND

As such the nifty and bank nifty - both  are in buy mode. But if Nifty spot is able to surpass 10828 on an hourly basis, we can see upside move.  Any close below 10745 will see nifty melting down towards 10640/537.

Bank Nifty Spot is shying away from crossing 26577.  Watch out for 26410. If BN Spot close below this on hourly basis, then it can lead to 26250/160.

Do not try to predict market and go by these levels if you want to be a winner. 

Happy Trading!!

Beware! Next week your trading track will be bumpy!!

EXPIRY TRADE

Nifty and bank nifty has shown a good from its recent bottom  made on 2nd of July. This time nifty may try to scale up to 10920 surpassing previous month high of 10893.

Bank nifty too looks ambitious to notch 27205. 

That could be the top out for both the index for the month from where we can see index moving sideways. 

Clue for today's trade:

If bank nifty goes below 26400 in the morning, wait for up move. Once it cross 26437 grab 26500 CE for good gains.