SWING TRADING IN INDIAN STOCK MARKET

Ever wondered what is swing trading? This is a type of trading in which a stock is held for a certain period of time. The period might range from a few days to 3 to 4 weeks. This depends up on the weekly or monthly fluctuations in price of the stocks. The traders must be quick in reacting while monitoring short-term variations in the market. This trade lies somewhere between the trend trading and day trading.

About trend trader
Traders employing this type of trading stress mostly on price patterns and short-term momentum rather than on the fundamental value of the stocks. Trend trader analyses the fundamental trend of the stock and it might be that he may also hold the stocks for weeks or even months. They are not the one who would wait for the prices to reach rock bottom. They also do not wait for the price to rise while selling them. Instead they would capitalize on the short-term movements in the market. You should remember that persons who are involved in this type of trading usually do not face big competition from traders.

HISTORICAL DAY IN NIFTY

NIFTY FUTURE OUTLOOK FOR MONDAY

Friday bonanza in market…Friday proved as a historical day in nifty ...Very surprising market today.. Market Having a great movement all over the day.. After a long waiting Nifty played 228 points throughout the day..Surprise as Sensex showed a sudden and unexpected surge, rallying more than 700 points in trade today, making a new life high of 23,048.. Tracking the momentum in Nifty rallied over 228 points in intraday trade to make its fresh record high of 6,871.. Today nifty future opened 6679 made a high of 6898 low 6670 & closed 6887.election results are going to be held on next weak Friday (16th may)...and  till the election results nifty will managed this levels..

Now for Monday we are expecting market will maintain its new high and will continue the level of  6890..for Monday  next level for nifty will be 6890-6920.if there will be any downfall in the market then the level 6850-6830 will be proved as a very good supporting levels.

As we have predicted in our last post bank nifty had so much movement.and we are expecting that bank nifty will manage this movement in upcoming time till election result. Opened 13,145 made a high of 13,905 and low of 13,077 and closed 13,838..total having movement of  828 points throughout the day.. now new target for bank nifty will be  13,840-13,900..and if any down fall then levels of 13,800-13780 will proved as a great supporter for bank nifty.

RESISTANCE: 6,850, 6,870, 6,890

SUPPORT:  6,830, 6,810, 6,660
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NIFTY OUTLOOK AND OPTION STRATEGY FOR TOMORROW

For Rocking calls visit our blog option strategy .

NIFTY OUTLOOK FOR TOMORROW

As we have predicted nifty sustained above 6000 and made a high of  6032 and a low of 5986in intraday trade. We are expecting a positive result in INFY  with a uptrend in the market. On the way up, above  6030- 6070 and 6080  are the resistance levels before it hits 6090—6100 supply zone. Major resistance, however, is located at 6100  for the day....

NIFTY OULOOK FOR 23 AUG 2013

Buy Maruti future above 1295 tg 1313,1329 sl 1274

Buy Infy 3050 call @ 35 tg 55,77 sl 21

NIFTY OUTLOOK FOR TOMORROW

Nifty witnessed very volatile session today,it started at 5282 and advanced near about 100 points to end in 5408 today. The rupee breached the 65 per dollar level and hit a low of 65.32 per dollar in sync with the fall in most emerging market currencies. However, dollar buying was not  large and supplies came from both corporates and probably the RBI.We apprehend a test of 5450 through 5425 support range being tested tomorrow   by the Nifty....

NIFTY OUTLOOK FOR MONDAY

Buy Nifty 5500 put @89 tg 149,179 sl 59

NIFTY OUTLOOK FOR TOMORROW

 The SGX Aug Nifty has also been suffering it witnessed the down fall last Friday and ended   at 5507.Initially, if things pan out the way they are now, we need to watch out for the support level of 5500. This is an important support level for the day. However, so long as the Nifty does not fall below the demand range between 5500 we need not worry so much for it would still retain the ability to post a bounce back...

BULLS WIN FRIDAY AND WILL CONTINUE THE VICTORY ON MONDAY

Maruti future call given in last post achieved all targets.

NIFTY OUTLOOK FOR TOMORROW

As we have predicted in last post 50-share Nifty reclaimed the 6000-mark encouraged by better-than-expected trade data and Infosys Q1 numbers. Infosys, the second largest software services exporter, beat the street with the consolidated net profit growing higher-than-expected 0.8 percent sequentially to Rs 2374 crore . Technically speaking, now, the end-of-day chart of the Nifty really looks quite promising for a new uptrend shaping up yet we would look forward to a decisive close above 6010. This would, more or less, seal the stamp of the bulls really getting the better of the bears despite all odds...