PowerTrades

PowerTrades Updated 

pullback long idea on higher lows in short term time frames

PowerTrades Updated 

NIFTY Futures managed a sharp pull back after touching the support zones of 8340 odd levels. On the upside targets now remain at 8520 odd levels. Today's Gap low can be an immediate support below it this can be considered for gap filling. Swing upsides now emerge at 8650 odd levels with base continuing to be at 8350

PowerTrades Updated 

Market Bytes 04-Jul-2016 Nifty futures: NIFTY futures continues the upmove with another gap up. For the upmove to sustain its important that NIFTY future sustains above 8340-50 zones. Upside swing targets now emerge at 8500-20 levels. In case it breakes below 8340 its back to a range bound. Interesting price action for last week. It was a week where almost all...

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Market Bytes 24-Jun-2016 Nifty futures: Looks like we are in for some serious volatile sessions as Britain's first referrendum in 40 years is almost out.India impact on macros for this event is less as only 0.5% of the exports are impacted. But in the near time markets always work on sentiments than fair pricing. Markets are likely to gapdown and open below our...

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Intraday buy trading idea

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Market Bytes 20-Jun-2016 Nifty futures: In the previous session despite gap up openings NIFTY futures failed to clear our swing hurdle of 8250 range.Expected gap down opening below our trend decider of 8140-50 zones. This immediate zone will hold resistance and decide the market trend for today. On the downside a break of 8105 can lead to a test of 8080 levels...

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Market Bytes 14-Jun-2016 Nifty futures: In past sessions we discussed NIFTY support at 8140. since markets gapped down and traded below it that will be a resistance zone now.On the downside support remains at 8075-65 and a break of that can test 7990 trading levels. Expect the upside momentum to be back if NIFTY trades above 8150. Use that as a trend decider for...

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Low Risk contrarian Buying Idea , oversold on short term charts and has a double bottom, potential to test 49.50

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Market Bytes 08-Jun-2016 Nifty futures: Finally broke out of the congestion zone and broke out above 8265. Now NIFTY futures has a base at 8250 , which is the trend decider for today. Until it sustains above it look for long side trades. On the upside one challenge is good CE open interest build up at 8300-8400 levels this means any upmove further will be...

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Market Bytes 02-Jun-2016 Nifty futures: After 3 massive days we had 3 pretty range bound days without giving away much on either side. 8230-40 will be the berakout zone for target of 8280-90 and we can plan to take shorts below 8175-80 for downside targets of 8130-40. aggressive scalpers can continue to look to play pullback trades within this zone. #nifty...

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Lower tops on the charts testing the support zones. Low risk short idea until crude holds below the trend line. breaking 48.90 will be the key

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Market Bytes 24-May-2016 Nifty futures: Two sessions back it broke the symmetrical candle pattern that we have discussed over the past few weeks. Since then it has failed to make any upside strides. Giving good short on rise pullback trades to the ones who traded that patterns. Now NIFTY Future has immediate hurdle around 7810 range and downside immediate support...

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Failed Breakout attempt-with stop and reverse and above 48.90

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Market Bytes 17-May-2016 Nifty futures: Has played out the range of 7700-7900 that we had discussed quite often to the script. The markets corrected from the highs of 7930 odd levels and found a base above 7750 zones to stage a comeback. The fact that we managed to engulf the prevoius day's candle completely and close above 7850 augers well for the bulls. If you...

PowerTrades Updated 

Low risk short set up with stop an reversal above 47.9 levels downside

PowerTrades Updated 

A shorting idea for short term/intraday on Crude oil. It has had some lowertops and looks to be in for a slide. so a good low risk entry

PowerTrades Updated 

Market Bytes 09-May-2016 Nifty futures: On our Fridays Market bytes edition we discussed that 7700-05 will hold a key base for the markets. This got respected pretty well despute a gap down opening. This further rep inforced the level. We discussed that the range of 7700-7900 is going to probably hold fort for coming sessions. On the upside immediate hurdle lies...

PowerTrades Updated 

Market Bytes 02-May-2016 Nifty futures: NIFTY Futures played to the script on Friday, we had discussed that the base now remains at 7830-50 range and upside hurdle is at 7920-30 zones . Markets respected the base and managed to pull back and and made a high below 7920. The script for the coming session remains the same; look to take a breakout trade above 7950 and...