Going With The 60min Flow!!!

[Saint]

Pivot at 4329 (Still confused why this is the pivot though)
SL @ 4344

Nifty is most likely to open above pivot, wait for 5min and going long at break of high +15.

MJ-

Multiple sideways closes,a failed breakdown and then that last bar starting lower and closing at 4309 gives us enough to turn things around .

That 3pm bar made this pattern different from just a few bars sideways to alert us.

Saint

 

[KomaL2099]

writing something which you dont want to happen you end up doing such mistakes..

Hi,
It is First 5 min high + 15.... we use the 7 pt filter only for adds.

 

[tanewbie]

NF open 4345.10

high is same.

First 5 mins bar not over

 

[musicjunkie]

High 4345 or 4339 ?

 

[lvgandhi]

It is gap opening wrt close not previous days high. Will stop loss be 4345+15 =4360 or 4344?

 

[KomaL2099]

PH so far is 99.30 according to me.

GMR revert to long at 98.9 + .7 = 99.6

Am I right?

Regards

 

[musicjunkie]

My stops at 4360

MJ-

 

[nagakiran]

Hi MJ,

High is 4345.1 as per data on NSE site.
you can check here
http://www.nse-india.com/marketinfo/fo/fomwatchsymbol.jsp?key=NIFTY

 

[tanewbie]

first 5 mins bar over.

High 4345.10

Most charts will show 4339.
Nse high is 4345.10

 

[man4urheart]

Current Position Of NIFTY in thread

Short Since : 4425
Stop Loss: 4345.10 + 15 = 4360.10
Profit/Loss in Current Trade = 4425-4360.10 = 75 Points

We change our Position to LONG if NIFTY Trades above :4360.10

Current Position Of ABAN in Thread

SHORT Since : 2349
Stop Loss: 2380 + 20 = 2400
Profit/Loss in Current Trade = 2349-2400 = -51 Points

We change our Position to LONG if ABAN Trades Above :2400