Going With The 60min Flow!!!

[Sats]

Hi RK Sir,

IMO, y'day's low of 3856 level can be taken as SL for current trade... from the chart attached, jus to my eyes, both y'day's 1st and 2nd bar looks like pivots... Jus seeing thru eyes... not taking 4-5 bar pivot formation method...

As usual, views from Satya and MB are appreciated.

Thanks,
Sats.

 

[kenneth]

We are long now!!! Where is our SL!!!!
01. Yesterdays Low of 11 AM bar at : 3856 (Can be considered a good support zone!!)

02. Pivot on 3 pm bar on 16th at 3761!!!

03. Any other !!???

Hi RKK

Valid point as the previous SL piviot is lower than piviot 2back. To protect the profits one can trail SL two bar low. Waiting for Saint to clarify.
Reagads
ken

TickerDate    Trade   Close	ENTRY	P/L	EXIT	Risk	SellL2SL	P/L	BUYH2SL	
ABAN	7/18/2008 Long	2678.55	2680.00	-1.45	2610.00	-70.00	2661.20	-18.80	2697.50	
HDIL	7/18/2008 Long	432.00	418.00	14.00	399.80	-18.20	425.75	7.75	436.00	
IVRCLINFRA7/18/2008Long	311.05	306.80	4.25	253.00	-53.80	306.50	-0.30	313.45	
JPASSOCIAT7/18/2008Long	160.50	152.80	7.70	144.55	-8.25	153.40	0.60	163.50	
LITL	7/18/2008 Long	301.50	290.85	10.65	261.30	-29.55	297.50	6.65	304.80	
NIFTY	7/18/2008 Long	4078.85	3984.85	94.00	3790.75	-194.10	4047.50	62.65	4109.50	
NIFTYFO	7/18/2008 Long	4056.70	3944.00	112.70	3763.00	-181.00	4029.10	85.10	4100.00

 

[milkyblack]

Hello All,

NF for July 21st...

July Series

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

10	Long	3927	3938-	+11		+128				

9	Short	4086-	3927+	Closed		+159	

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 = +625

Regards

 

[milkyblack]

We are long now!!! Where is our SL!!!!
01. Yesterdays Low of 11 AM bar at : 3856 (Can be considered a good support zone!!)

02. Pivot on 3 pm bar on 16th at 3761!!!

03. Any other !!???

RK Sir,

The SL now in my opinion is at 3938- ... Low of the WRB .... Looking forward for your views on it...

Saint plz throw some light on it (again a new situation for NF)

Regards

 

[rkkarnani]

Hi RKK

Valid point as the previous SL piviot is lower than piviot 2back. To protect the profits one can trail SL two bar low. Waiting for Saint to clarify.
Reagads
ken

TickerDate    Trade   Close	ENTRY	P/L	EXIT	Risk	SellL2SL	P/L	BUYH2SL	
ABAN	7/18/2008 Long	2678.55	2680.00	-1.45	2610.00	-70.00	2661.20	-18.80	2697.50	
HDIL	7/18/2008 Long	432.00	418.00	14.00	399.80	-18.20	425.75	7.75	436.00	
IVRCLINFRA7/18/2008Long	311.05	306.80	4.25	253.00	-53.80	306.50	-0.30	313.45	
JPASSOCIAT7/18/2008Long	160.50	152.80	7.70	144.55	-8.25	153.40	0.60	163.50	
LITL	7/18/2008 Long	301.50	290.85	10.65	261.30	-29.55	297.50	6.65	304.80	
NIFTY	7/18/2008 Long	4078.85	3984.85	94.00	3790.75	-194.10	4047.50	62.65	4109.50	
NIFTYFO	7/18/2008 Long	4056.70	3944.00	112.70	3763.00	-181.00	4029.10	85.10	4100.00

Saint advised not to use TWO BAR method in Nifty!!!!

 

[vinst]

Today have we got visual gap-up on NF?

regards,
vin

 

[debdeeps]

Today have we got visual gap-up on NF?

regards,
vin

No visual gap up on 5 min. Up move looks like may be continued.

 

[nonstopkaran]

No visual gap up on 5 min.

So it is a buy call from here, then where should be the stop loss..

 

[Satyen]

Regards
Satya

 

[Satyen]

Hi RKK

Valid point as the previous SL piviot is lower than piviot 2back. To protect the profits one can trail SL two bar low. Waiting for Saint to clarify.
Reagads
ken

Hi
Ken as vinod was saying in his thread we can protect our profits by using option .... if any body can explain how to use it then it wil be great say every 200 point profit what should we do buy/sell options ???

Regards
Satya