Best Nifty Strategy-Must Read

[UPADHAYAY101]

Recommendation:
Buy at / above: 4847.64 Targets: 4862.62 - 4880.07 - 4897.55 - 4915.05
Stoploss : 4830.25
Sell at / below: 4830.25 Targets: 4815.29 - 4797.96 - 4780.65 - 4763.38
Stoploss : 4847.64

 

[UPADHAYAY101]

Buy at / above: 4882.51 Targets: 4897.55 - 4915.05 - 4932.59 - 4950.16
Stoploss : 4865.06
Sell at / below: 4865.06 Targets: 4850.06 - 4832.66 - 4815.29 - 4797.96
Stoploss : 4882.51

 

[UPADHAYAY101]

buy at / above: 4882.51 targets: 4897.55 - 4915.05 - 4932.59 - 4950.16
stoploss : 4865.06
sell at / below: 4865.06 targets: 4850.06 - 4832.66 - 4815.29 - 4797.96
stoploss : 4882.51

2nd target hit at 12.14

 

[UPADHAYAY101]

4th target hit

 

[msa5678]

4th target hit

Hi UPAD...,
4th TGT is 4950, How can it hit when today's high is aroud 4915

 

[UPADHAYAY101]

Recommendation:
Buy at / above: 4900 Targets: 4915.05 - 4932.59 - 4950.16 - 4967.76
Stoploss : 4882.51
Sell at / below: 4882.51 Targets: 4867.49 - 4850.06 - 4832.66 - 4815.29
Stoploss : 4900

 

[mehtaka]

Hello,
Can anyone let me know...how to trade this stratergy?...
I mean you guys keep a buy stop/sell stop for the buy/sell levels ..or wait for a 5 mins to close abv/below those levels?

 

[mehtaka]

Hello Updhaya,
I can see der are different recomm, from you during the day. Can you tell me what time interval you are inputting the LPT/WAP in the Gann calc?

 

[rammmeo]

Hi Rammmeo,

I have backtested using the following criteria.
1. Take the VWAP from NSE site around 9:29.
2. Feed in the Gann Calculator, Get the Buy Above and Sell Below and the four targets on both sides.
3. Now wait for the NF to cross either the Buy above and Sell Below Values.
4. Once the BA or SB is crossed and the First TGT is reached revise the SL to the BA or SB .
5. Once the 2nd TGT is crossed revise the SL to 1st TGT.
6. Similarily till all the TGTS are reached.

Your strategy is no doubt good. But it is risky. After taking some positions you might loose confidence in it.

thanks for the advice buddy
i hv some ques like
1. wht u do after hitting tgt 1 if the SL hits do u continue with the same levels as before
2. wht makes u feel tht my way of trading is risk no offences just want to improve so asking :thumb:

 

[UPADHAYAY101]

1st &2nd target hit 2.15