Nifty Performance Update

Here's a look at March months Performance of our various packages:

NiftyPower's Performance Summary - March 2013
	Max. Profits in Points/Lot	Safe Traders Strategy	Risky Traders Strategy
Nifty Live Charts	376	267	390
	Rs. 18800	Rs. 13350	Rs. 19500
	75.2%	36.8%	30.9%
Nifty Futures SureShot	243	368	463
	Rs. 12150	Rs. 18400	Rs. 23150
	48.6%	36.8%	30.9%
Nifty Options SureShot	106	230	404
	Rs. 5300	Rs. 11500	Rs. 20200
	106.0%	57.5%	50.5%
Nifty Future Positional	15	-10	-20
	Rs. 750	-Rs. 500	-Rs. 1000
	3.0%	-1.0%	-1.0%
Nifty Future Single Target	167	334	501
	Rs. 8350	Rs. 16700	Rs. 25050
	33.4%	33.4%	33.4%
Nifty Options Single Target	76	304	608
	Rs. 3800	Rs. 15200	Rs. 30400
	76.0%	76.0%	76.0%

 To see the table in a spreadsheet, click here

The month of March began with Bang for us. Even though the second half did not turn out to be as good as the first half, overall, the month has been one of the best months for us in recent past. All our Intraday packages, Live Nifty Charts, Nifty Options Sureshot and Nifty Futures Sureshot performed equally well, with minimum gains in the range of 30-50% for this month. Positional package did not perform well this month, as we traded less because of the increased Volatility. Only two calls were given in this package, 1 hitting the target and the other hitting Stoploss. Hence, the reason for a not so good performance in this package. However, Positional Package has been one of our best performing packages in 2012, and we intend to continue that in 2013 also. 

The learning point from this month's performance is Discipline. We just cannot emphasize enough on Discipline as one of the most important factors in trading. Traders who would have followed all the calls with discipline, would be in very good profits at the end of the month. However, those doing selective trading would have missed out on some very good trades at the beginning of the month.

The reason for the good performance is of course, increased Volatility in Nifty. For Day Traders like us, Volatility is the lifeline on which all trades are hanging. For the past three months, since December 2012, we had seen a period of Low Volatility in the markets. Now since this period is over, we are seeing an increase in Volatility and this trend is expected to continue for the next 2-3 months. We intend to make full use of this increased Volatility, and hope to make the Profits of the Year in the coming months.

 A lot of people Calls us and asks us about how much profit to expect in a month. Our standard reply to this question is - "Do not expect a monthly salary from the markets. In the Markets, when it rains, it pours." This period has reinforced that belief. It is very important to undestand, that in a month, only about 4-5 trades will be the jackpot trades which will give most of the profits. Same way, in an year, 4-5 months will give the max. profit. The rest will only help to cover the losses in the stoploss hitting trades. Problem is, no one knows which are those 4-5 trades, otherwise we would only take those 4-5 trades and ignore the rest. Hence, the only way to make profits is, take all the trades with discipline, and proper Risk and Money Management. Don't lose much during Bad times (Capital Preservation) and win Big during Good Times. If we manage to do this, then Profits will keep on coming.

Happy Trading!

NiftyPower Team 

 P.S: From the month of March, we are discontinuing our Nifty Future and Nifty Option Single Target Packages, due to low interest shown in them by traders. We also believe, that the SureShot method of trading is the best method for trading in Nifty, hence this decision. 

You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in

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

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

Happy Holi

22 Mar - Nifty View

On Thursday, after a volatile session, Nifty once again closed in the red, making a new low in the short term charts. Nifty is now near near a very important support zone of 5630-5660, break of which can bring another swift 100 point downmove till next support of 5550. Today's high of 5760 will be an important level to watch, for a short term trend change in Nifty. Last time, this support zone of 5630-5660 gave a 300 point rally. Two weeks later, Nifty is again retesting this level. Whether it will hold again now, or break to produce lower levels, is anybody's guess. As traders, it is better to play a wait and watch game, and book profit in Shorts by the end of this week. Next week is also a holiday truncated week, as well as Expiry week. Fresh views can be taken after that.

The Nifty Option OI Charts are given below:   

The Nifty Options charts show the dominance of the Bears today. They added a huge quantity of 22 lacs+ Open Interest at 5600 CE to 5800 CE strikes. On the other hand, the Bulls covered a huge quantity of Open interest in their 5800 PE and 5900 PE strikes. Overall, the Nifty Options charts show resistances at 5800 and above level for this series now. As of now, 5700 is a 50:50 level, although Nifty has closed well below this level.

For Friday, immediate strong resistance for Nifty Spot now comes at 5690/5695 levels. As long as it stays below these levels, Nifty is a Sell on Rises. However, if the Bulls somehow manages to trade Nifty above this level, then a retest of resistances at 5725/5730 and 5760 will be expected. On the downside, strong support levels for Nifty Spot comes at 5650 and then at 5630/5625. Below 5625, next strong support for Nifty will come at 5550/5520, with minor supports in between at 5590/5565 levels.

22 Mar - Nifty Spot resistance at 5695-5725-5760-5795. Support at 5650-5625-5590-5565 - www.niftypower.com

Visit here for Nifty Tips - Nifty Future Tips and Nifty Option Tips

P.S.:
You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in

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

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

13 Mar - Nifty View

On Tuesday, Nifty opened flat, declined in intraday trade and took support near its support level of 5890, then tried a recovery and closed near 5915 level. Nifty has formed a well defined resistance near around 5970 Spot level. This level has resisted/ supported Nifty on at least 5 occasions, as marked in the attached chart. The Bulls need to close Nifty above this level, if they want to take it to new highs. On the downside, support for Nifty Spot comes at around todays low, in the 5880/5890 zone. Below this level also, Nifty has well defined support areas around 5860 and 5820 levels. Hence, all traders ho want to build Short positions, should do so near the resistance level of 5950 and 5970, and not on the break of the support levels, as it would be risky. Also, traders should be quick to reverse to Long positions above 5970 Nifty Spot level. As of now, 5890 to 5970 is the immediate 100 point range for Nifty. Breakout from this range is expected to bring some good moves.   

The Nifty Option OI Charts are given below:     

On the Nifty Options front, there was plenty of activity seen in the OTM put options.However, when we look at the ATM Options, the Bulls added to their positions at Nifty options of 5800 PE strike, while the Bears added to their positions in Nifty Options of 6000 CE strike. Overall, from the Nifty Options charts, 5800 and 5700 come out as the clear support areas, with Open Interest in Put Options of both these strikes crossing 1 Crore. 5900 is a clear 50:50 level as of now. However, in terms of resistances, the Bears haven't matched to the Bulls, and there is no comparable resistance level from the Nifty Options Charts. Hence, Overall, the Options Charts paint a very bullish picture as of now.

For 13th March, immediate resistance for Nifty Spot comes near 5940/5945 levels. Only if it stays above this level, can the bulls hope for a retest of the strong resistance level of 5970. Once above 5970, more short covering rally can easily take Nifty towards 6050/6075 level, with minor resistances at 6025/6030 level. On the downside, support for Nifty Spot comes at 5905 and then at 5885 levels. The Bears will find it very hard to break these levels, and any fall towards these levels should be used as a buying opportunity, with a Stoploss below 5885. Below 5885, the Bears are expected to gain an upper hand, and they will press Nifty down towards 5860 and 5820 kind of levels.

13 Mar - Nifty Spot resistance at 5940-5970-6005-6025. Support at 5905-5885-5860-5840 - www.niftypower.com

Visit here for Nifty Tips - Nifty Future Tips and Nifty Option Tips

P.S.:
You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in

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

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

NiftyCharts Consolidated Performance - 2013

Here is a look at how our Live Nifty Charts fared in the first two months of 2013:

Live Nifty Charts Consolidated Performace - 2013
Month	Max. Possible Profit/ Lot	Profit with 1 Lot Strategy	Profit with 2 Lot Strategy	Profit with 3 Lot Strategy
Jan-13	184	88	221	280
Feb-13	321	120	340	606
Total	505	208	561	886
Profit in Rupees	25250	10400	28050	44300
Investment	25000	25000	50000	75000
%age Profit	101.0%	41.6%	56.1%	59.1%

The Assumptions in the above table are:

1. Investment for 1 lot in Nifty Futures is taken as Rs. 25000. Normally, brokers are offering  margin of only Rs. 11000. However, we recommend keeping some additional cash as Safety Money, hence have taken it as a round figure of 25000.

2. Brokerage and Taxes are not subtracted from the profit. These differ from person to person. We have always emphasized the importance of Low Brokerage. If you want to know the pitfalls of high brokerage, read this article by clicking here.

Now lets get to the Performance:

We generally recommend all members to follow either the Safe Traders Method, or Risky Traders method. In the Past two months, if one would have followed these 2 strategies for trading, the total Net Profit would have been 561 poits and 886 Points in Nifty Futures respectively. That’s a Profit of more than 56% in just two months!

If you try to figure out the accuracy of the Live Nifty Charts, you will find that for both the months, it is only 55-60%. This Performance just proves the fact that having a High Accuracy is not at all important to for generating amazing profits in the market. It is the Method, Discipline and Money Management, which are the most important factors.

Our Live Nifty Charts are projected every day, for every one to see. All that is required to make such profits is Discipline to follow the Signals being generated.

Happy Trading!

NiftyPower Team

P.S.:
You can see Live Nifty Charts with Buy Sell Signals during market hours Free on our website www.niftycharts.co.in

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

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