This blog is a dedicated blog to analyze the India NIFTY index for intraday and coming days.
My Intraday Nifty Trading System
My NIFTY Intraday Trading system
This is my Trading system which I use for last 5 years in intraday. The System gives indication of overbought/ oversold conditions in intraday Nifty index and thus gives you entry and exit points. I get into the Trade when all of indicators are confirming the Trend and get out of the trade when see 2-3 indicators diverging from the Nifty main trend.
Nifty Live chart
NSE Heatmap
INFIBEAM
11.25%
ADANIPOWER
5.79%
BPCL
3.83%
CGPOWER
3.29%
NTPC
3.05%
GAIL
2.94%
PFC
2.93%
POWERGRID
2.77%
DISHTV
2.48%
INFRATEL
2.44%
NBCC
2.35%
ONGC
2.23%
RECLTD
2.16%
TATAPOWER
2.15%
JETAIRWAYS
1.99%
RELIANCE
1.95%
OIL
1.85%
LT
1.82%
INDIACEM
1.51%
TATAMOTORS
1.47%
GMRINFRA
1.35%
EICHERMOT
1.32%
BHARTIARTL
1.21%
VOLTAS
1.18%
TORNTPOWER
1.09%
BEL
0.94%
NHPC
0.85%
IOC
0.76%
ITC
0.63%
NATIONALUM
0.62%
PTC
0.61%
BAJAJFINSV
0.57%
RELCAPITAL
0.47%
PVR
0.37%
HINDZINC
0.32%
INFY
0.27%
WIPRO
0.27%
MFSL
0.25%
ASIANPAINT
0.13%
TATAMTRDVR
0.12%
BATAINDIA
0.09%
ADANIENT
0.08%
AMARAJABAT
0.08%
ADANIPORTS
0.03%
TORNTPHARM
0.02%
IGL
0.0%
BOSCHLTD
-0.04%
RAMCOCEM
-0.05%
OFSS
-0.06%
BAJAJ-AUTO
-0.07%
SHREECEM
-0.13%
VGUARD
-0.13%
HCLTECH
-0.18%
CIPLA
-0.18%
APOLLOHOSP
-0.22%
FEDERALBNK
-0.25%
MINDTREE
-0.26%
MGL
-0.27%
AMBUJACEM
-0.29%
KOTAKBANK
-0.3%
UPL
-0.33%
TITAN
-0.36%
ICICIBANK
-0.39%
CASTROLIND
-0.44%
HDFCBANK
-0.45%
COALINDIA
-0.46%
TECHM
-0.47%
TCS
-0.49%
CHOLAFIN
-0.52%
CESC
-0.54%
KSCL
-0.62%
JISLJALEQS
-0.63%
HINDUNILVR
-0.68%
RBLBANK
-0.73%
ICICIPRULI
-0.75%
TATACOMM
-0.8%
PCJEWELLER
-0.81%
INDUSINDBK
-0.82%
ESCORTS
-0.83%
ACC
-0.87%
IDFCFIRSTB
-0.89%
JUBLFOOD
-0.95%
AJANTPHARM
-0.95%
IDFC
-0.99%
BHARATFIN
-1.03%
HAVELLS
-1.03%
DIVISLAB
-1.03%
BALKRISIND
-0.83%
M&M
-1.08%
IDBI
-1.11%
CEATLTD
-1.14%
ZEEL
-1.17%
APOLLOTYRE
-1.18%
HDFC
-1.23%
MRPL
-1.24%
NESTLEIND
-1.26%
INDIGO
-1.28%
ULTRACEMCO
-1.32%
BERGEPAINT
-1.32%
COLPAL
-1.33%
CONCOR
-1.35%
EXIDEIND
-1.37%
NMDC
-1.4%
AXISBANK
-1.4%
L&TFH
-1.41%
CADILAHC
-1.41%
MARUTI
-1.46%
MARICO
-1.52%
DABUR
-1.54%
SBIN
-1.61%
KAJARIACER
-1.66%
PETRONET
-1.66%
PIDILITIND
-1.68%
YESBANK
-1.72%
EQUITAS
-1.77%
MCX
-1.78%
GRASIM
-1.79%
RCOM
-1.8%
CUMMINSIND
-0.84%
MUTHOOTFIN
-1.83%
BEML
-1.85%
TATAGLOBAL
-1.85%
BAJFINANCE
-1.89%
SOUTHBANK
-1.89%
MRF
-2.0%
TATACHEM
-2.06%
HINDPETRO
-2.06%
LICHSGFIN
-2.07%
BHEL
-2.09%
SRF
-2.11%
STAR
-2.16%
GODREJIND
-2.21%
GODFRYPHLP
-2.22%
BRITANNIA
-2.24%
BHARATFORG
-2.25%
IFCI
-2.41%
IRB
-2.43%
HEXAWARE
-2.51%
PEL
-2.52%
DLF
-2.59%
TATAELXSI
-2.59%
SIEMENS
-2.63%
BANKBARODA
-2.7%
KTKBANK
-2.7%
MCDOWELL-N
-2.74%
VEDL
-2.77%
RAYMOND
-2.77%
GODREJCP
-2.79%
PNB
-2.84%
RELINFRA
-2.85%
SUZLON
-2.86%
HINDALCO
-2.89%
SAIL
-2.92%
M&MFIN
-2.98%
NCC
-3.0%
NIITTECH
-3.05%
IBULHSGFIN
-3.11%
JINDALSTEL
-3.12%
TATASTEEL
-3.17%
TVSMOTOR
-3.17%
DCBBANK
-3.19%
HEROMOTOCO
-3.21%
WOCKPHARMA
-3.23%
BANKINDIA
-3.26%
CENTURYTEX
-3.29%
MANAPPURAM
-2.79%
GSFC
-3.31%
JUSTDIAL
-3.51%
AUROPHARMA
-3.41%
MOTHERSUMI
-3.73%
UJJIVAN
-3.74%
UNIONBANK
-3.74%
CHENNPETRO
-3.75%
JPASSOCIAT
-3.85%
SYNDIBANK
-3.86%
TV18BRDCST
-3.86%
BIOCON
-3.9%
KPIT
-3.94%
CANBK
-3.96%
ENGINERSIN
-1.14%
SUNPHARMA
-4.06%
DRREDDY
-4.17%
REPCOHOME
-4.21%
SRTRANSFIN
-4.34%
DHFL
-4.42%
ALBK
-4.45%
LUPIN
-4.47%
ARVIND
-4.5%
ORIENTBANK
-4.6%
JSWSTEEL
-4.99%
IDEA
-5.21%
SUNTV
-4.81%
UBL
-5.25%
ASHOKLEY
-5.62%
RPOWER
-5.63%
GLENMARK
-6.47%
CANFINHOME
-6.71%
SREINFRA
-7.37%
INDIANB
-8.22%
PAGEIND
-9.0%
NSE Sectors
Tuesday, July 13, 2010
Nifty comments
I see clear manipulation and churning of markets, viewers viewpoints are welcomed.....What do you think about this volatility, why the market falls much and goes up much ? Withouta clear trend ? Comments welcomed !!
Sir Nifty crossed 5000 in Sept 2009 and we have seen 4675 on downside to 5420 today...Whenever Nifty moves above 5200 I have noticed sharp fall in volumes which seems quite strange & even manipulative at times... DIIs in India are selling on every rise but its FIIs who are keeping mkts above 5000 levels..Action these days have become quite stock specific as Nifty trades in a very narrow range..Domestic story still looks good with good monsoon till now..But Valuation are very high according to me and I still feel we will see correction after 20th July which will take nifty to 5000-5100 levels by expiry or start August..
Dear Ankur, I do not see "clear manipulation".This is the normal way and behavior of the market.Because when Nifty is trading at so high level i.e.at yearly high,then this type of market behavior is a normal thing.We should not forget the fact that Dii were the net buyers last year when Fii were net sellers of almost 500 Cr.in cash everyday when Nifty was trading between 2600 and 3200.So now it is very obvious that Dii are liquidating it.If you have noticed it then you would realize it that from Sept.2009 only once NF has given a close at 4559 on 3/11/2009,but this was the only exception otherwise since Sept 2009 up to date NF is never traded below 4700.The range is 4700 to 5400,i.e.700 points and Fii are net buyers and on the other hand Dii's turn was 2600 to 3200 to 3400 i.e. 600 to 800 Points.Now when FII are buyers then by hook or crook they will try to rule market by keeping Nifty in the upper territory only.Otherwise they know it very well that if it will go below 4700 then there are lot of buyers on the down side and then the down side and the buying will be decided by that time circumstances. This is my observation,it may be wrong because only Market is supreme to decide it's own journey.Thanks and Bye.
Sir
ReplyDeleteNifty crossed 5000 in Sept 2009 and we have seen 4675 on downside to 5420 today...Whenever Nifty moves above 5200 I have noticed sharp fall in volumes which seems quite strange & even manipulative at times... DIIs in India are selling on every rise but its FIIs who are keeping mkts above 5000 levels..Action these days have become quite stock specific as Nifty trades in a very narrow range..Domestic story still looks good with good monsoon till now..But Valuation are very high according to me and I still feel we will see correction after 20th July which will take nifty to 5000-5100 levels by expiry or start August..
Thanks for that Jugal ! More comments anyone?
ReplyDeleteAnkhur,
ReplyDeleteI shorted nifty at 5380 levels. Will add more short if it reaches 5500. I am expecting nifty to touch 5000 in 2 months
Dear Ankur,
ReplyDeleteI do not see "clear manipulation".This is the normal way and behavior of the market.Because when Nifty is trading at so high level i.e.at yearly high,then this type of market behavior is a normal thing.We should not forget the fact that Dii were the net buyers last year when Fii were net sellers of almost 500 Cr.in cash everyday when Nifty was trading between 2600 and 3200.So now it is very obvious that Dii are liquidating it.If you have noticed it then you would realize it that from Sept.2009 only once NF has given a close at 4559 on 3/11/2009,but this was the only exception otherwise since Sept 2009 up to date NF is never traded below 4700.The range is 4700 to 5400,i.e.700 points and Fii are net buyers and on the other hand Dii's turn was 2600 to 3200 to 3400 i.e. 600 to 800 Points.Now when FII are buyers then by hook or crook they will try to rule market by keeping Nifty in the upper territory only.Otherwise they know it very well that if it will go below 4700 then there are lot of buyers on the down side and then the down side and the buying will be decided by that time circumstances.
This is my observation,it may be wrong because only Market is supreme to decide it's own journey.Thanks and Bye.