Going With The 60min Flow!!!

[Saint]

Sacking SESA and hiring HDIL in its place!

Saint

 

[milkyblack]

Thanks for clarifying milky!!!

However , Milky , there is a difference in the NF situation that day and aban today. The difference is visually noticeable. This i think u are referring to 3rd july opening with a gap down. There u will notice that the entire range of 10 o clock bar was well within the range of the bar just before the closing bar of that day, i.e. 3 PM bar... hence i also accepted it as a not a GAP!! Today it has opened with a big gap but the high and low differnec of subsequent bar is also ~20 points, moreover the opening priuce is outside the range of previous days hi and lo!!! Hence to me it looked like a Gap, a valid one!!!

Yes RK Sir, In that scenario it is right! By Gap I used to take just the opening price(as in not the spike though)... Thanks for bringing it to my notice
Will take into a/c here on!

Regards

 

[milkyblack]

Sacking SESA and hiring HDIL in its place!

Saint

Great good luck with your new employee!

Regards

 

[milkyblack]

Milky, dont accept it blindly, i may be wrong!!! Its simply my view.... i am sort of against any subjectivity!!! so my views may be prejudiced.. so beware friend!!!

Yes Sir, I completely understand! And I will definitely share my views... that would help learn better

Regards

 

[lalpar]

Hi Saint Sir,

I went long in Nifty at 3803 at 3 29 PM.The Nifty Futures closed at 3828.I am not able to understand it..On my terminal it was showimg much lesser....is there any adjustments?

 

[ARMHM]

NSE closing prices are taken as volume weighted average price of last half hour. Even if last traded price is something the closing price is always different depending on the trend.

 

[milkyblack]

NSE closing prices are taken as volume weighted average price of last half hour. Even if last traded price is something the closing price is always different depending on the trend.

I did not know how the closing price is calculated ! I always saw the difference b/w the LTP and the settlement price! But never knew the mechanism to calculate the settlement price!

Thanks for educating!

Regards

 

[milkyblack]

Hello all,

NF for July 16th,

July Series

Number	Trade	Level	SL	Initial Risk	P/L(Close)	Remarks

9	Short	4086-	3892+	+194		+288	

8	Long	3890+	4086-	Closed		+196		

7	Short	4017-	3890+	Closed		+127		Gap down

6	Long 	3922+	4017-	Closed		+95		Low of consolidation

5	Short	3863-	3922+	Closed		-59

4	Long	3914+	3858-	Closed		-56		Not taken a/c gap

3	Short	4127-	3914+	Closed		+213

2	Long	4152+	4127-	Closed		-25		Gap Intraday

1	Short	4127-	4152+	Closed		-25		Gap Intraday

Total booked P/L = +466

Regards

 

[milkyblack]

Saint,

Is the fall on NF a V fall? Unable to relate my eyes with the mind! I think V fall in that case the SL will be 3892+ plz correct me.

Regards

 

[robin_malihan]

I am a silent learner of your method , having few question about 2 bar methed in sesagoa and adding in pivot break on your chart ....


This two bar method where dont know why i am always lagging ...

Robin

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