Nifty Range bound currently.

Apr 2

Wellcome . Hope we continue the 50K points profit from last FY. We are starting with Nifty Range bound this year in the new flow. let us keep the neutral range as 22300 to 22550 to start and nifty at 22443.

Apr 3

Note

In the neutral range as 22300 to 22550 to start and nifty at 22583 as we had estimated. But the pressure is downward currently as bears active now. Keep trading. One extreme move of 1% pending .

Thanks to supreme power for blessing . Hope we stay blessed.

This flow is not for intraday.

Apr 4

Note

Still same view . In the neutral range as 22300 to 22550 at 22421. Bulls and bears strong fight. lets see who wins.

Apr 5

Note

Still same view . In the neutral range as 22300 to 22550 at 22453.

Apr 8

Note

above 22550 so we are slightly bullish

Apr 8

Note

from april 3 neutral range (neutral range as 22300 to 22550) so even if 50 points per day we get 150 points.

Apr 9

Note

Heavy buy on fall brought the market to same level ending in green and today morning also same pattern with gap-up and then sudden fall followed by rise showing buying activity by institutions preventing market from fall. We had turned slightly bullish after the neutral zone breakout and remain slightly bullish. Nifty trading above breakout and institution supporting the breakout is good overall sign

Apr 10

Note

Not much move above our neutral range and moved by 100 points approx from 22550 . The highest point around 22750. So we are going back to neutral zone of 22550 to 22750.

Apr 10

Note

Downtrend may start tomorrow or this week. if not at least correction on cards.

Apr 12

Note

same view as above. on April 10 th wrote "Downtrend may start tomorrow or this week. if not at least correction on cards. "

Apr 12

Note

hope you made 1% fall work for you today. at least 1% profit in normal or 5% to 100% profits in option. Do let me know.

Apr 16

Note

We will maintain a downward view till there is substantial retrace . So lookout for retrace or pull back . hope you made at least 2% to 200% depending upon your trading style in last two days. ( We were bearish from April 11.

Apr 18

Trade closed: target reached

after 500 points gain we are neutral in current range and will be sightly bullish above 22400 and bearish below 22150

Apr 19

Trade closed: target reached

Added 350 points after bear move below 22150. enjoy.

Apr 19

Note

we are close to adding 1000 points in last few days from 11 april

Apr 22

Note

We are back to our neutral zone 2400 and 22150 . at 22280 now . We just wait and see which side breaks out and take trade accordingly.

Apr 24

Note

we are still between our 22550 line and 22000 lines which is swing high low. so we are mildly bullish now . Keep making small profits.

Apr 25

Note

as we are going above sing high nearly so lets be slightly bullish but will not be surprised on fall.

Apr 29

Note

we are slightly bullish. have published a review for APRIL. in

. Hope you liked it.

Apr 30

Note

From april 22 after bullish cross 22150 we gained almost 600 points. Still bullish but with caution

May 1

Note

some side ways moves possibles like few days up and few days down with violent moves at times. this is the nature of many range bound trades.

May 2

Note

We are going neutral to take trade on either side after brief rest. 22600 to 22800 is neutral. Any side breakout we go long or short. else we take min profit on daily basis while in zone

May 2

Note

though slightly bullish now. A slight pullback is pending. might see the pullback this week.

May 3

Note

in neutral zone 22600 to 22800 . Waiting for bulls or bears to take over. meanwhile min profits

May 5

Note

bears took over. at 22475 so gained when below 22600. 125 points gain.

May 6

Note

Still slight downward movement expected. Be ready for violent movement in 2 weeks as some parameters are very high this week

May 9

Note

See the range bound results .

May 9

Note

We are currently still in range and slight upmove expected. Will have to see where momentum picks. . new Neutral zone @22230 is 22100 -22400

May 10

Note

Nifty went down below our neutral zone of 22100 and 22400 so we went bearish and gained 100 points since yesterday there was a large fall and slight rise today. as mentioned in May 6 the time of violent movements are back. So will have to trade accordingly. Both buyers and sellers needs to tune the strategy as we are still in the bigger neutral zone of . BUT MAY TURN BEARISH. VIX IS ALSO RISING FAST. All these makes prediction difficult and need to be well protected.

May 13

Note

Though Nifty and VIX rising , it is making life difficult for both buyers and sellers now. Be ready for sharp moves. keep watching the new neutral zone of 21900 and 22250 so that we dont take a view right now. Will take a view on break of the zone and till then enjoy the movements within this range.

May 14

Note

We are going slightly bullish as it breaks our neutral zone (zone of 21900 and 22250 )

May 15

Note

LOOKS LIKE WE MAY BE HEADING FOR CORRECTION FROM THE NEUTRAL ZONE. Lets see this week and early next week for confirmation or rebuttal.

May 16

Note

View same as above

May 16

Note

We are prepared to close our bullish views if the market goes bearish. We are protecting downside since yesterday May 15 in NiFTY trades.

May 17

Note

The way the market has reversed for upside shows strong latent buy. Ahead of election the market is still neutral and not going to fall. Before election moves expected and market difficult to predict. Protect both sides up and down from huge moves.

May 21

Note

Still neutral and high volatile. Not trying to predict market till election results out. Mostly in the big neutral zone of 21766 to 22750 and managing the monthlytrades between this till breakout one side