Trade with Ajeet Singh

A Trading Hub for fellow traders, updated fortnightly.

Gann Overview 29 Feb 2016

All he major banks are @ important & major supports.
Bank NIfty, SBIN, ICICI Bank.
As this week Union Budget is going to  announce , so it would be better to trade with caution, Because a close below these major supports may drag banks & markets to much lower levels. 

This week because of Union Budget we may see speedy up & down swings.
Unless & until Nifty does not gives a close below 6800 there is nothing to worry. If Nifty approaches in the zone of 6870-6825, then our plan of action is to buy Nifty in this zone with stop-loss @  close below 6800.
A close below 6800 will open much lower gates for Nifty & we may see 6666-50, 6360 levels in the near future.
29th to 5th March pressure time zone
Major resistance levels are 7059, 7155, 7198, 7250, 7283, 7370,
Major support levels are 6960, 6900, 6889, 6869, 6835-25, 6780, 6698, 6666, 6616, 6535, 6455, 6374

Full Credit to DPK

29 Feb 2016

This Week Nifty Future Trend Decider 7135 & 6960
Huge Volatility Day……….Tight your stop-loss and Seat belt………
Today Nifty Future consider Resistance 7075, 7100 and 7135
After budget speech……… Nifty Future if sustains above 7135
We see all round buying up-to 7190
Today’s supports 7010 & 6960
After budget speech………. Nifty Future if trade below 6960 with volumes…………
Blood Bath will be expected up-to 6875 & 6830

Daily Support & Resistance

Daily Support & Resistance, for any scrip.

If you want to add scrip of your choice, then simply mail/contact me.


24 Feb 2016

Oil prices fall as OPEC producers squabble over output targets

Oil prices fall as OPEC producers squabble over output targets

Oil prices slid in early trading on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in U.S. crude stockpiles.
U.S. West Texas Intermediate (WTI) crude futures were trading at $31.46 per barrel at 0012 GMT, down 41 cents from their last settlement. They had already dropped 6 percent the previous day.
The falls were a result of an apparent lack in cooperation among members of the Organization of the Petroleum Exporting Countries (OPEC) to freeze or cut production to rein in ballooning oversupply that has pulled down prices by 70 percent since mid-2014.
Saudi Arabia's veteran oil minister Ali Al-Naimi said on Tuesday at a conference in Houston, Texas, that a coordinated production cut by OPEC and non-OPEC exporters was "not going to happen because not many countries are going to deliver." 
He also said that a proposed freeze in output at January levels, which were near record highs, would require "all the major producers to agree not to add additional barrels."
While non-OPEC giant Russia has tentatively agreed on freezing its output at January levels, when they hit a post-Soviet record, Iran called the proposal "laughable" because it would prevent Tehran from regaining market share it lost during Western sanctions, which were still in place in January.
"Some of our neighbors have increased their production to 10 million barrels a day in recent years and export this amount, and now they have the nerve to say we should all freeze our production together," Bijan Zanganeh was quoted as saying by the Iranian student news agency ISNA.
"So they should freeze their production at 10 million barrels and we should freeze ours at 1 million barrels - this is a laughable proposal," he said.
At current global output levels between 1 million and 2 million barrels of crude are produced every day in excess of demand, leaving storage facilities around the worlds brimming with unwanted supplies.
The American Petroleum Institute (API) said on Tuesday that crude inventories rose 7.1 million barrels in the week to Feb. 19 to 506.2 million, far exceeding analysts' expectations for an increase of 3.4 million barrels.
The U.S. Energy Information Administration will report official inventory data later on Wednesday.

22 Feb 2016

Excel Algo Trader

Automated Excel Algo Trader (Free Excel Utility)
Refreshes and updates after every 20 secs between 9.15am to 3.30pm
Trading all calls can fetch more than 15% return a month.
Calls are generated only in FnO stocks which are highly liquid during that time.
Completely basic look with easy to understand language.....

Macros must be enabled in excel, before opening the file.
But still if you get warning then click "Enable Content"

You must have office 2007 or higher for this file to run properly.
Before downloading this file, kindly download excel runtime and install on your pc.
You must trust all macros and run them.
Download Procedure:
Click Here:
Sign up at dropbox with your name and email id
Download dropbox from HERE
Install it on your pc with details you gave while signing up.
You will get 500Mb extra space.
Now fill Contact Me at my website giving same email id
I will confirm through dropbox and you will be able to download.
If you dont need dropbox then simply un-install it from control panel of your pc.
But dont delete your account at dropbox, just dont use if you dont need.
I repeat, all downloads are FREE OF COST !!!

18th feb 2016

Index Study

Automated Updated Sheet for Index Study:

Coral Trend Indicator

// Transcoded from PineScript Indicator (Coral Trend) 
// Date : 20th Dec 2015

_SECTION_BEGIN("Coral Trend Indicator");
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 

sm = Param("Smoothing Period",21,2,40,1);
cd = Param("Constant D",0.4,0.1,2,0.1);

di = (sm - 1.0) / 2.0 + 1.0;
c1 = 2 / (di + 1.0);
c2 = 1 - c1;
c3 = 3.0 * (cd * cd + cd * cd * cd);
c4 = -3.0 * (2.0 * cd * cd + cd + cd * cd * cd);
c5 = 3.0 * cd + 1.0 + cd * cd * cd + 3.0 * cd * cd;

src = Close;


i1[i] = c1[i]*src[i] + c2[i]*i1[i-1];
i2[i] = c1[i]*i1[i] + c2[i]*i2[i-1];
i3[i] = c1[i]*i2[i] + c2[i]*i3[i-1];
i4[i] = c1[i]*i3[i] + c2[i]*i4[i-1];
i5[i] = c1[i]*i4[i] + c2[i]*i5[i-1];
i6[i] = c1[i]*i5[i] + c2[i]*i6[i-1];


bfr = -cd*cd*cd*i6 + c3*(i5) + c4*(i4) + c5*(i3);

color = IIf(bfr>Ref(bfr,-1),colorGreen,colorRed);

Plot(bfr,"Coral Trend Indicator", color,styleDots|styleNoLine|styleThick);