Daily Tryst with Nifty

lazytrader

Well-Known Member
Re: Pivot!!!!!!!!!!!!!!


HARI OM SUNIL BHAI :thumb:


SINCE 12 IN THE AFTERNOON I HAD BEEN MENTIONING ABOUT THE IMMEDIATE RESISTANCE AT 4108 AND NIFTY FUTURES EXACTLY HIT 4109.90 AND MINI NIFTY HAS HIT 4108 ON DOT


"""""AND AFTER HITTING 4109.90 & 4108 IT CAME DOWN TO 4075""""



YOU CAN SEE IT BY CLICKING ON THIS LINK



IS IT PIVOT????????


THANKING YOU.


REGARDS,
NISHIKANT K. HADGE
Hi nishikant, I hope you know that the yahoo chart is not a 5 min chart due to which the two wrb bars of opp color show up on yahoo chart but not on other charts. Also the fibonacci EMA's of 3, 13, 34 mins etc are also not minute MA niether 5 min ma and the 200 MA I can't even figure out what value it is showing. It is niether the 200-min average not 200 5-min bar average. The yahoo chart is only good to check support/resistances or give basic idea about price movements. The RSI and Stoch no point talking about.

Don't rely on those averages too much. Better get a good broker trading platform instead.

Regards.
 

ag_fx

Well-Known Member
Ok..Im gonna test this on the following parameters:

Short/Long entry:
1) A 5 min stoch crossover above 80/below 20 level.
2) Look for PL /PHbreak(as per ambush rules)
3)Use 0.1% of NF value as filter.(in current zone it will come to 2-5 only)
4) Initial SL at the last PH/PL
5)Cover half lots at +15
6)Once covered half lots, Put rest on BE and trail for rest of the time.


Any suggestions/modifications for this?
March 2009 results

plz see if this is da way u want to do it in real time
 
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WOD

Well-Known Member
Sunil ( sir :) )

Expect a Gap Down 2morrow?
NS closing below 4090 (ltp) settled will be a bit higher.

Also seen are :
Heavy increase in OI of
CE4300 +22% PE4100 +25%
CE4200 +50% PE4000 +20%
CE4100 +50% PE3900 +26%
CE4000 +16% PE3800 +10%
This looks confusing as both PE and CE are increasing ...

Also on Spot, a green hammer (or bullish harami or doji or whatever one may wish to call it) will seem to have formed today and being at the lowest point of the recent downmove - would not it be in the favour of the upside?

So a 50:50 2morrow --- very :confused: signals all over

Only experienced ppl would be able to point out the higher probabilities.

Please do oblige.
Not experienced enough to talk on this but bearish flag on 60 min, M formation on 5 min and top of them a doji on EOD, all signals a deep downclose tomorow (not sure how much infosys will help to uplift market)....
 

WOD

Well-Known Member
Re: Pivot!!!!!!!!!!!!!!

Hi nishikant, I hope you know that the yahoo chart is not a 5 min chart due to which the two wrb bars of opp color show up on yahoo chart but not on other charts. Also the fibonacci EMA's of 3, 13, 34 mins etc are also not minute MA niether 5 min ma and the 200 MA I can't even figure out what value it is showing. It is niether the 200-min average not 200 5-min bar average. The yahoo chart is only good to check support/resistances or give basic idea about price movements. The RSI and Stoch no point talking about.

Don't rely on those averages too much. Better get a good broker trading platform instead.

Regards.
Hi guys,

Can you please let me know a website address where I can see live intraday 60 min chart for free ( bruised badly few months back so now cant affort to spend much money on paid service; morever I can not use a software like metastock or ami in my office)..

Thnak...
 

WOD

Well-Known Member
I don't think anyone will provide you free service for something that is clearly designed to be a profit making service. Haven't heard of any such site.
Alright...I think EOD charts from investbulls and 5 min live charts from yahoo (not exactely 5 min but whatever) are really doing good job for me and for moment will stick with them......

Thanks......
 

Sunil

Well-Known Member
March 2009 results

plz see if this is da way u want to do it in real time
Ankit,
mere bhai - you have won my heart. :hug::cheers:

Yes, this is how it is supposed to be done. But, please don't take stress by going into so much detail - your hardwork shows in excel.
Just observe the reaction on pivot break, and see if we got the minimum juice in the resulting move. If it's good for even 80% of times, we can dwell on it more.


Infact, I managed to work around the metastock now, and eye-balling the charts, I have observed one thing.
Can't explain in writing - for this, we need to chat online...
 
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ag_fx

Well-Known Member
Ankit,
mere bhai - you have won my heart. :hug::cheers:

Yes, this is how it is supposed to be done. But, please don't take stress by going into so much detail - your hardwork shows in excel.
Just observe the reaction on pivot break, and see if we got the minimum juice in the resulting move. If it's good for even 80% of times, we can dwell on it more.


Infact, I managed to work around the metastock now, and eye-balling the charts, I have observed one thing.
Can't explain in writing - for this, we need to chat online... please send me your yah00 or msn or gtalk id.
PMs have been disabled - but there is a workaround:
read this post # 2814
I am unable to sms you, so you sms me your contact details using above post.
if u are here, i will post it here and delete it right away as soon as u read it...as oderwise i am unable to do the thing listed in the post.
 
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