Live Nifty Charts Performance Update

September month is over, and our Live Nifty Charts has once again returned a good Performance for this month. The Performance snapshot is given below:

Month	Max. Profit in Points/ Lot	1 Lot Strategy Profit	2 Lot Strategy Profit	3 Lot Strategy Profit
Sepember 2012	233	153	271	341
Total Points	233	153	271	341
Total Amount	Rs. 11650	Rs. 7650	Rs. 13550	Rs. 17050
Investment	Rs. 25000	Rs. 25000	Rs. 50000	Rs. 75000
% Returns	46.6%	30.6%	27.1%	22.7%

The Overall Accuracy in the month of September was 73.1%, which is in line with our expectations from the system.

The Percentage Returns in the above table shows that Traders who follow such a system with discipline can potentially double their invenstments every 3-4 months. How is such great returns possible?

The Answer is because of Leverage. Please remember that though a trader Investes only approximately Rs. 25,000 for Buying a Nifty Future Lot, the actual value of his trading is 10 times that value. Hence, Profit and Loss is incurred on 2.5 lacs+ Capital, and not on the 25,000 that the trader has invested. Hence, doubling your money with Leverage is no big deal. The edge here is to have a Good System, and have a Disciplined Mind of a Trader. These two forms a lethal combination, and Profits will be inevitable.

Hence, be disciplined in your trading, and see your capital grow. By the Way, our SMS packages given to our NiftyPower subscribers have also returned similar kind of returns this month. You can see the Performance of our packages by Clicking Here.

Happy Trading!

NiftyPower Team

P.S: Do share with us your Experience with the System and whether you were able to maximize your Profits using our Live Nifty Charts.

You can see Live Nfty Charts wth Buy Sell Sgnals during market hours Free on our website www.niftycharts.co.in

Also, Read our Daily Nifty Analysis publshed on our Blog www.nifty-power.blogspot.in and havde an Edge in you trading

For our regular Paid SMS Services, see Rates and Services Page on www.niftypower.com

26 Sep - Nifty View

On Tuesday, Nifty formed a Doji on Daily charts. In a trending market, Doji can give early signs of reversal. However, that has to be confirmed by a move below the Doji low and break of recent support zone. Hence, the trend remains up as long as Nifty Spot continues to close above 5630. On the upside, the resistance remain at 5715/5735 zone, and then at 5775/5795 zone. Below 5630, Nifty can test its breakout level of 5575/5580 Spot. Positional traders can remain long with trailing stoploss around 5630/5620, and go short if Nifty Spot closes below 5575.

The Nifty Option OI Charts are given below:  

So near the Expiry, very little action is expected on the options front, except for some profit booking, and that is what happened on Tuesday. The Bulls covered 13 lacs+ OI at 5500 PE, while the Bears added 13 lacs+ OI at 5800 CE. Overall, the Option charts indicate 5700 as a minor resistance. 5600 and below are the supports, while 5800 is a resistance.

For tomorrow, immediate resistance for Nifty Spot comes at 5690/5695 levels. Above this, the Bulls will again target resistance zone of 5715/5735 and higher. On the downside, support for Nifty Spot comes at 5650/5660 levels. Below this, it will test strong support area of 5625/5630. Below 5630, the Bears will start having an upper hand, and there can be Long unwinding before Expiry.

26 Sep - Nifty Spot resistance at 5695-5715-5735-5775. Support at 5655-5630-5590-5575 - www.niftypower.com

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24 Sep - Nifty View

On Friday, Nifty has a Huge Rally, on back of improving political situation in the country. In previous Nifty Views, it was given that Positional Traders should remain long and continue to build long positions as long as Nifty sustained above 5515/5525 Spot level. It has also been given that this upmove will be best traded with a trailing stoploss and traders should not be in a hurry to book profits. All traders who followed the Views would be in good profits right now. 5515/5525 level has now become a medium term support level, and positional traders can now raise their stoploss to 5630/5620 Nifty Spot level. On the upside, Nifty is at yearly highs, and yet to form new resistance levels.Some important levels to watch out from last year's charts are 5715/5735 and 5775/5795 Nifty Spot levels.

The Nifty Option OI Charts are given below:  

On the Options front, the Bulls added a huge amount of 74 lacs+ OI from 5500 PE to 5800 PE strike. On the other hand, the Bears covered an equally huge amount of 46 lacs+ OI from 5500 CE to 5700 CE strike. However, the Bears also added a huge quantity 36 lacs+ OI at 5800 CE and 5900 CE strikes. Just days before the expiry, such huge additions in Open Interest is unusual, but it has not been surprising given the definitive upmove that was seen.Overall, the Option Charts also seem to be adjusting to the Bullish move. The resistance comes in at 5800, while strong supports comes at 5500 and below. In between is the trading range, with 5600 a minor support, while 5700 is a minor resistance as of now.

For tomorrow, immediate resistance for Nifty Spot now comes at 5715/5735 zone. Staying above this, it will head higher towards 5775/5795 resistance zone.On the downside, support for Nifty Spot now comes around 5690/5685 and then around 5650 Nifty Spot level. Below this, Nifty Spot can slide towards its strong support level of 5630/5625 level, where again Buying Pressure is expected to come.

24 Sep - Nifty Spot resistance at 5715-5735-5775-5795. Support at 5685-5650-5630-5580 - www.niftypower.com

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Nifty Live Charts Performance Update

It has been more than three months since we launched Nifty Live Carts with Buy Sell Signals. Given below is the Performance that these Nifty Live Charts has produced duuring these months -

Month	Max. Profit/Loss Per Month	1 Lot Strategy	2 Lot Strategy	3 Lot Strategy
June From 15th June	545	305	710	1175
July	-11	-111	-202	-333
August	125	45	126	227
September Till 21st Sep	191	111	226	313
Total Points	850	350	860	1382
Total Amount	42500	17500	43000	69100
Investment	25000	25000	50000	75000
% Returns	170.0	70.0	86.0	92.1

As you can see, this amazing system is nearing 100% returns in just three months time. In real terms, it means that it has potentially doubled the money of anyone who has religiously followed this system from its launch.

Also note that, this money returns has happened inspite of the month of July, in which this system gave negative returns. We received a lot of negative criticism during that month, and all that we had to say at that time was to have Faith and Belief in the System. Those who listened at that time, are reaping the fruits now.

Always remember, to have Positive Returns in your account, you must have a Good System + Good Mndset of a Trader. A system alone cannot make money for you. At the end of the day, it is YOU who has to enter the trades. So, understand the system, understand its pros and cons, understand the money management rules associated with this system – then start your trading journey with this system. If you have any doubts regarding any of the points mentioned above, which will help you to use this system in a better and profitable way, reach out to us and we will be happy to clarify things as much as possible.

Happy Trading!

www.niftypower.com

21 Sep - Nifty View

On Thursday, Nifty opened down, tried to recover intraday, but closed near the opening level due to some last minute selling. The Political environment remains uncertain, which is causing some downward pressure on Nifty. Whether it is a Golden Opportunity to Go Long or a Top in the Making, only time will tell. Technically, the trend remains up and Positional traders should remain Long and maintain a Stoploss below 5515/5525 Nifty Spot level on closing basis.

The Nifty Option OI Charts are given below:

 

On the Options front, there was little addition in OI, except for 6 lacs+ OI at 5600 CE strike. The Bulls covered a little amount of OI at 5600 PE and 5700 PE strikes, while the Bears also covered OI at 5800 CE strike. Overall, 5600 remains a 50:50 level as of now, although the Bears have an edge over the Bulls, with slightly more OI in Calls than in Puts. 5500 and below remain as strong supports. The Bears are trying to equalize things at 5500 level. Tomorrow's Option charts will bring more clarity on this. 5500 and 5600 are the two most important levels for Nifty for this series. Accordingly, 5520 to 5630 Spot can be treated as corresponding minor range.

For tomorrow, immediate resistance for Nifty Spot comes at 5555/5570 zone. Above this, the Bulls will try to take control and lead Nifty to higher level resistances of 5590-5610 and 5630 levels. On the downside, support for Nifty Spot comes at 5530/5515 zone. Below this, Nifty will be entering the Gap zone which it created on 14th September, and it can go all the way to close this gap before any further upmove comes.

21 Sep - Nifty Spot resistance at 5555-5575-5590-5610. Support at 5530-5515-5490-5450 - www.niftypower.com

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20 Sep - Nifty View

Nifty has not done much in the first two days of this week. On Tuesday, it formed a Doji on Daily charts. The trend remains up and the same levels are still valid as was given in previous Nifty Views. Any decline, if it comes because of the political uncertainty, can be used by the traders to go long. Gap zone of 5525/5515 Spot is the immediate support zone for Nifty. The upmove has already formed a new yearly high. If at all this rally turns out to be a false move, then there will be plenty of opportunities to go short. As traders, we should not be predicting Tops and Bottoms, rather, we should be following the trend, which is up as of now.

The Nifty Option OI Charts are given below:

On the Options front, the Bulls strengthened their positions at 5500 level, by adding a big amount of 9 lacs+ OI at 5500 PE strike. On the other hand, the Bears added a big amount of 16 lacs+ OI at 5700 CE and 5800 CE strikes, building some resistance there, although a weak one at the moment. Overall, the Option Charts indicate 5600 as the 50:50 level between the Bulls and the Bears. 5500 and below are the strong supports, while 5700 and 5800 are minor resistance levels.

For tomorrow, immediate resistance for Nifty Spot comes at 5610 and 5630 levels. Only on sustaining above 5630, will Nifty head for 5715 levels, with minor resistance coming at 5650 and 5685 levels. On the downside, support for Nifty Spot comes at 5590 levels. Below this, it can slide towards 5550 and 5525/5515 levels, where again it is expected to find some support.

20 Sep - Nifty Spot resistance at 5610-5630-5650-5685. Support at 5590-5570-5550-5525 - www.niftypower.com

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18 Sep - Nifty View

No Change in Nifty View. Same level remains valid for tomorrow also.

18 Sep - Nifty Spot resistance at 5630-5650-5685-5715. Support at 5590-5550-5520-5490 www.niftypower.com

17 Sep - Nifty View

On Friday, Nifty had a huge gap up, and continued its uptrend to make an intraday high near 5586 Spot level, before finally closing around 5567 level. As given in previous Nifty Views, it is best to ride this uptrend with a trailing stoploss, and not be in a hurry to book profits, as this can lead to significant move in Nifty. The current trailing stoploss can be kept near 5430/5415 Spot level now. Before that, Friday's Gap zone of 5525/5515 Spot will provide further support to Nifty. On the upside, Nifty is now very close to its Yearly High of 5630 that it made in February of this year. There will be more cheers if Nifty crosses this level. Positional traders should continue to hold longs and add on dips till at least 5525/5515 level, with a stoploss below 5415 Spot level.

The Nifty Option OI Charts are given below:



On the Options front, the Bulls strengthened their positions by adding 7 lacs+ OI at 5300 PE and 5400 PE strikes. The Bears continued to cover their positions from 5200 CE to 5400 CE strikes. Overall, 5500 has now become the 50:50 level. The Bulls look in control of the Option Charts as of now. 5400 and below are the supports, while 5600 is a minor resistance as of now.

For tomorrow, immediate resistance for Nifty Spot now comes at 5585/5590. Above this, the Bulls will target the yearly highs at 5625/5630 levels. Above 5630, next target for Nifty Spot will be 5715 level, with minor resistances coming at 5650 and 5685 level. On the downside, support for Nifty Spot now comes around 5550 level. Below this, it can slide towards the Gap support level of 5525/5515 level. As given earlier, any downmove till 5525/5515 should be used as buying opportunities.

17 Sep - Nifty Spot resistance at 5590-5625-5650-5685. Support at 5550-5520-5490-5450 - www.niftypower.com

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Free Access to Live NIfty Charts!!

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Please follow the following steps to register for Nifty Live Charts:

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For specific inquiries, please mail to power.nifty@yahoo.in OR sms/call 08105600113

13 Sep - Nifty View

On Wednesday, Nifty Spot Spot closed near 5430 level, after making an intraday high of 5435. With this, it achieved the second target of Positional Longs given in previous Nifty Views. Nifty is now very close to the recent high of 5448, that it made last month. Above that, it is a free area, where new short term resistances and supports will have to be formed. Nifty last traded above these levels in February and March of this year. A New High here, if made, would signify a significant upmove. For Positional Traders, the trend remains up as long as Nifty Spot trades above 5340/5330 levels. On the Upside, there are few levels to watch out for line 5490/5515 and 5590, but it is best to ride this upmove with a trailing stoploss, as if it pans out as expected, the upmove can provide good trending opportunities ahead.

The Nifty Option OI Charts are given below:

On the Options front, the Bulls added a huge amount of 30 lacs+ OI from 5300 PE to 5500 PE strikes. The Bulls have taken over the Option charts, building solid supports at 5300 and 5200 levels. The Open interest in both 5200 PE and 5300 PE has now exceeded 90 lacs, and it is always a sign of strength to have suh high open interest. The level of 5400 has now become the 50:50 level, while 5500 and 5600 are the resistances.

For tomorrow, immediate resistance for Nifty Spot now comes at 5430/5435 levels, and then around 5450 and 5490 levels. As given earlier, above 5450, Nifty will form a New high after March last year, and it can signify the start of a fresh upmove. On the downside, support for Nifty Spot comes at 5420/5415 levels. Any intraday dip to these levels can be used as an opportunity to go long. Below 5420, Nifty can slide to test 5400 and 5370/5360 levels. All these support areas are expected to bring Buyers, till the time Nifty is closing above 5340/5330 levels.

13 Sep - Nifty Spot resistance at 5435-5450-5490-5515. Support at 5415-5400-5365-5340 - www.niftypower.com

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11 Sep - Nifty View

On Monday, Nifty Spot opened near 5360, declined during the day, and finally closed near the opening level. Nifty future has already completed the target of the Bullish Wolfe Wave that was formed in Hourly charts on 6th September. The short term trend should be considered up as long as Nifty Spot trades above 5345/5320 Spot, and Positional traders can look to Buy the Dips. Below 5345, two ranges comes into play. One is the broad range from 5220 to 5345. Second is within this range, the narrow range of 5250 to 5320. Technically, Nifty has consolidated after an upmove, came down to fill an open Gap, and have broken out after filling the gap. Hence, the breakout should be considered real till the time Nifty Spot trades above its support zones. On the upside, resistances for Nifty Spot exists near 5380/5385 levels, above which, it should head for 5415-5440 levels.

The Nifty Option OI Charts are given below:

On the Options front, the Bulls strengthened their positions by adding a big amount of 11 lacs+ OI at 5300 PE strike. There was very little activity at other strikes by either the Bulls and the Bears. Overall, the Options charts have turned interesting. The Bulls have converted 5300 level from a 50:50 level to a minor support. While the Bears have maintained resistances at 5400 and above levels. There is no 50:50 level as of now. Any move outside 5300 to 5400, can make the losing camp to panic and bring a trending move for Nifty.

For tomorrow, immediate resistance for Nifty Spot comes around 5380/5385 levels. Above this, the positive momentum will continue and the Bulls will head for higher level resistance of 5415/5440. On the downside, support for Nifty Spot comes at 5345/5320 levels. Any intraday decline towards 5345 can be used as a buying opportunity. Below 5345, Nifty Spot can go down to test lower level supports of 5320/5310, where the Gap support also exists. If declines and closes below 5310, then this upmove can be considered a false breakout, until Nifty conquers 5345 again.

11 Sep - Nifty Spot resistance at 5380-5415-5440-5460. Support at 5345-5320-5310-5280 - www.niftypower.com

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Bullish Wolfe Wave on Hourly Charts

6 Sep - Nifty View

On Wednesday, Nifty opened down on negative global cues, and finally closed the Gap that was formed on 8th August. With this, it completed the first target of Positional Shorts, which was given in earlier Nifty Views. Also, it has closed below an important support of 50 DMA. Now, those in Positional Shorts can keep this level of 50DMA, around 5250/5260 Spot as their stoploss on Closing Basis. On the downside, 5220/5190 is the immediate support zone, and if the Bears manage to break it, then a move towards 5150 Spot should come easily.

The Nifty Option OI Charts are given below:


On the Options front, the Bears were active today. They added 12 lacs+ OI at 5300 CE strike, and 10 lacs+ OI at 5500 CE strike. There was not much more addition at the other strikes by either the Bulls or the Bears. Overall, the Options charts present the same picture as given before. 5300 is the 50:50 level, 5400 and above are the resistances, while 5200 and 5000 are the major supports.

For tomorrow, immediate rsistance for Nifty Spot comes at 5255/5260 levels. Staying above this, the Bulls can hope for some short covering till 5280/5300 levels. Above 5300, a retest of strong resistance zone at 5345/5350 can materialize. On the downside, support for Nifty Spot comes around 5220 level. Below this, the Bears will continue to have an upper hand, and they can take Nifty down towards 5190 and 5150 levels.

6 Sep - Nifty Spot resistance at 5255-5280-5300-5320. Support at 5220-5190-5150-5130 - www.niftypower.com

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5 Sep - Nifty View

No change in Nifty View from 4th September. Same levels remain valid.

5 Sep - Nifty Spot resistance at 5295-5320-5345-5385. Support at 5260-5220--5190-5150 - www.niftypower.com

4 Sep - Nifty View

On Monday, Nifty opened up on positive global cues, but declined during the day to close near Friday's closing level. Once again, it closed below the Gap open of 8th August. Technically, it should decline now to close the Gap that it formed on 8th August. However, the downward momentum has been missing till now. The trend will considered down till it trades below 5345 Spot level, and any rise till that should be used to build short positions. 5345 Spot should also be the stoploss for any New shorts being built at this stage. On the downside, below 5260, a decline towards 5220 and 5150 can materialize.

The Nifty Option OI Charts are given below:

On the Options front, there was a lot of trading activity today also. The Bulls added 27 lacs+ OI from 4900 PE to 5200 PE strike. The Bears also added 29 lacs+ OI from 5300 CE to 5600 CE strike. Overall, from the Option charts, 5200 is again emerging as the strong support for Nifty. Below this, 5000 is the next strong support. On the upside, 5400 and above are emerging as the strong resistances. 5300 is the 50:50 level between the Bulls and the Bears as of now. The options charts also given a sense of Bearishness as of now. We have to see whether this picture changes going forward.

For tomorrow, immediate resistance for Nifty Spot comes at 5255/5260 level. Staying above this, it will head for its resistance levels at 5280 and 5295 levels, where again selling pressure is expected to come. Above 5290, 5330 and 5345 are also strong resistance levels, and short term trend deciding levels for Nifty. If Nifty goes above 5345, the outlook will turn positive and Positional longs can be opened. On the downside, support for Nifty Spot comes at 5220 level. It is the Gap support and if Nifty declines below this, it can head for 550, with minor support at 5190 and 5170 levels.

4 Sep - Nifty Spot resistance at 5260-5280-5295-5330. Support at 5220-5190-5170-5150 - www.niftypower.com

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3 Sep - Nifty View

On Friday, Nifty closed right at its Gap support near 5260 Spot level. This was the level where Nifty opened on 6th August, after closing at 5220 on the previous day. Now after it has entered the gap zone, it should ideally close this gap, before any upward movement resumes. The short term trend remains down, and rise should be considered as a selling opportunity as of now. On the upside, 5230 and 5345 Spot will be tough resistances for Nifty, and should be Stoploss and Reverse levels for Positional Shorts, as of now.

The Nifty Option OI Charts are given below:

It was the first day of the series, and as expected, a lot of open interest was added both from the Bulls and the Bears. The Bulls added 30 lacs+ OI from 4900 PE to 5100 PE strikes, whereas the Bears added 36 lacs+ OI from 5400 CE to 5600 CE strike. From the first day of the series, 5400 and 5000 seems t be two levels of interest to the option wirters. Also, the overall options charts have developed a nice narrow range of 5300 to 5400, with 5300 as the 50:50 level. As of now, 5400 and above looks like strong resistance levels for Nifty, and probability of a downmove looks more prominent than an upside breakout.

For tomorrow, immediate resistance for Nifty Spot comes at 5275/5280. Staying above this, Nifty Spot will target higher level resistances of 5300 and 5320, where agai it is expected to meet some selling pressure. On the downside, support for Nifty Spot comes at 5250/5255 level. Below this, chances are high that Nifty can slide to close the gap till 5220 level at least.

3 Sep - Nifty Spot resistance at 5275-5300-5320-5345. Support at 5250-5220-5190-5150 - www.niftypower.com

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