Intraday Trading Using Gann Calculator

[razx5]

rt now the nf has broke its high of 5935..the low of that bar is 5929.50..so exit full if falls below 5929..volumes r not supporting the nifty at these levels..no breakout in volumes,,that y plus spot high is still 5928..if spot breaks this level v can see more upside..even tgt4 can b achievabble

if the spot fails to sustain 5929 levels by 11.15 v r exitin full. ..or at 5928..whichver s earlier

 

[razx5]

if the spot fails to sustain 5929 levels by 11.15 v r exitin full. ..or at 5928..whichver s earlier

v exit full at 5929 as market unable to gain momentum at higher levels..so profit of 22 points avg in our long trade..next buy only above 5948.40 both should b above this level..one thing i would like to remeber u mr.bhaskar..if v would have avoided trading in first 15 mins..v would have missed that valueable 39 points..as i bought nf at 5890 levels..u would have bought at 5929 as 9.30 a.m high was 5914..so please take position irrespective of time frames..

 

[razx5]

v exit full at 5929 as market unable to gain momentum at higher levels..so profit of 22 points avg in our long trade..next buy only above 5948.40 both should b above this level..one thing i would like to remeber u mr.bhaskar..if v would have avoided trading in first 15 mins..v would have missed that valueable 39 points..as i bought nf at 5890 levels..u would have bought at 5929 as 9.30 a.m high was 5914..so please take position irrespective of time frames..

so our last trade went like this..v waited for the spot to break 5948.40..it did break at 1.49 p.m..mean time nf also broke improtant level of 5967.75..1st tgt was 5987.15..achieved trailing stop to cost to cost at 5967.75..triggered at 2.53 pm..so a profit of 5 poinmts from this trade and 22 points from previous trade..toatl of 27 points profit..

 

[hritik]

thank you rsdha

 

[razx5]

for todays trading opening low of spot was 6015.30 and NFwas 6013.30..so both sell below 6006.50..spot broke down at 9.30 but niofty futures s holding..go long when both crosses 6045.25(high is 6029 and 6032)

 

[razx5]

for todays trading opening low of spot was 6015.30 and NFwas 6013.30..so both sell below 6006.50..spot broke down at 9.30 but niofty futures s holding..go long when both crosses 6045.25(high is 6029 and 6032)

v r short on nf at 6006.50..it mede low of 5997..now i have modified stoploss to 6009.70 instead of 6025.90/..bcoz thats the high it formed after making low of 5997 plus market is trading above yestrdays high og 5971..huge gap up..or else v can exit when spot breaks above 6006.50..bcoz after breaking down 6006.50 it made low of 5980..so trailing stop for spot should b 6006.50

 

[razx5]

v r short on nf at 6006.50..it mede low of 5997..now i have modified stoploss to 6009.70 instead of 6025.90/..bcoz thats the high it formed after making low of 5997 plus market is trading above yestrdays high og 5971..huge gap up..or else v can exit when spot breaks above 6006.50..bcoz after breaking down 6006.50 it made low of 5980..so trailing stop for spot should b 6006.50

stoploss triggered at 6016..loss of 16 points..next sell bleow 5987.15 and spot 5967.75..long only above 6045.25

 

[razx5]

no trades til now..even though opening low for spot was 6011 gave sell bleow 6006.50 and it did break but nifty futures low was 6021.10 gave sewll only below 6006.50..so our short call did not trigger..next sell spot below 5987.15 and nifty futures sell bleow 6006.50

 

[razx5]

no trades til now..even though opening low for spot was 6011 gave sell bleow 6006.50 and it did break but nifty futures low was 6021.10 gave sewll only below 6006.50..so our short call did not trigger..next sell spot below 5987.15 and nifty futures sell bleow 6006.50

now this s the advantage of trading nifty futures along spot..nifty futures broke down our above said sell level of 6006.50 and made low of 6002..but spot did not breach 5987.15...so go short only when spot breaches 5987.15..long above 6025.90 spot..

 

[rangarajan]

^^ I had created a custom excel sheet for my day trading purposes. I used the attached excel sheet to create mine. Credits go to the original developer.

I have also attached two documents which should help you learn how to use the levels to their maximum potentials.

Just as stated in one of the documents - This is like anything else - your return is directly proportional to the time and studying that you put in.

Read the documents carefully. You need to have a good understanding about the levels - like when to enter and when to exit. You will be able to gain only through experience. Everything revolves around the price.

Edit: I am in touch with certain so-called experts who have been trading with MM systems since 1999. I had asked them to verify the gannstuff.xls file. According to them, this is not the accurate form of implementation for MM.

Dear Praveenpious,
Pl clarify the following trade.
The closing price of Jetairways on 3/12 at 10am was 444 which falls bet the squares of 21(441) & 22(484).The max it traded subsequently was 445.25 & min 432.5 till 3.30pm.ref Nse chart.

Obiviously,it was nowhere near MM levels.

Pl discuss how it could have been traded in yr opinion. I find many similar situations in MM strategy.Ofcourse bet 20 & 21 it is diff,but still 4/8 never came.
Also,yr attachment does not provide squares below 30 for ready ref.any reason.