Best way of day trading - 2652 theory of trading

[vikrum]

Dear Sunil Sir

On your 4 guesses, I see 3rd one as best (ie this strategy was devised when Nifty was at 2652)
And if the method is so clear and simple why should it be upto the age of 52 and why not more. The same applicable for entry age of 26. It cud be even low.

Let me put my guesses

1) This strategy works as long as Nifty trades above 2652.

2) This strategy works when Nifty trades above 2652 and below 5200.

3) Those three factors are calculated based on these numbers.

Vikrum

 

[the tape]

I am pretty sure that most of the people who trade charts would have had stopped out today. most likely more than once.

But dhiraj won it even today u r the man !

 

[V.V.]

Nifty :
==========================
High : 2949
Low : 2876.25
Diff : 72.75
==========================

Factor : 0.433 * 72.75 = 31.50

==========================
High : 2903
Low : 2877.10 (As per PIB Data at 10.15 a.m.)
Diff : 25.90
==========================

Buy Above : 2908.60
Target : 2923.10

Sell Below : 2871.50
Target : 2857.15

==========================
10.35 Hi-Lo also Same
==========================

New High : 2907.80 (11.30 a.m.)
So Here didn't Trigger Buy Order.
Now New Sell Level : ((2907.80-31.50)-2907.80) 2876.30

Trade - 1
=================================
Sell Order 2876.30 Trigerred at (12.15 p.m.)
Buy Order For Short Position : 2853.30
SAR : 2905.10

Trade - 2
=================================
SAR Trigerred (SL Triggered for Short Postion )
Buy : 2905.10 ( Around 1.35 P.m.)
Target : 2928.30
SL : 2876
Target 2928.30 Achived @ 3.25 p.m.
=================================

Today's Trade Calculation :
1st Trade Booked Loss : -28.80 Points (1 Lot)
2nd Trade Booked Profit: +23.20 Points (1 Lot) [23.20*2 Lots = 46.40 Points]

Net : 17.60 Points (Rs.880) - Brokerage & Extras Rs.330 (approx) ) = Rs.550 Profit . . .!

( This Above Explanation for My Trade Calculation as Per PIB CHART not Marketwatch Data)

 

[V.V.]

How to Upload Chart files for Direct View in Post (Like The Tape's Post)?



Thanks
V.V.

 

[pleaseharsh]

v.v
mate u doing very good work ...trade details along with timings...its total recall of a day in a single post ..including levels/ trade/ brokerage/timings /profit/loss....
regards
harsh

 

[pleaseharsh]

How to Upload Chart files for Direct View in Post (Like The Tape's Post)?



Thanks
V.V.

go through this link....start reading from post no 51 ..by sunil..everything in detail..
http://www.traderji.com/announcements/22138-how-post-chart-image-traderji-com-2.html

 

[V.V.]

Thank you Harsh..

 

[sachinsamani]

Fantastic job V.V

Sachin.

 

[virgoan_29]

Guys , the information in this tread is getting leaked out. Found this on orkut. See the last sentence. Please try to protect this gold mine Forum.

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2652 Theory of trading
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[sumit_verma2k5]

HI,

am not gettig this theory. can any one please tell me from where you have got three values i.e 36,63,92. i guess 36 is diffrence of yesterdays high and low. please clear the doubt.