manoharji,
can you please tell me how to take a trade based on these trends given by you? you have given to up above 4812 you mean to say to buy nifty spot above 4812 only immediately on reaching 4813 please explain.
can you please tell me how to take a trade based on these trends given by you? you have given to up above 4812 you mean to say to buy nifty spot above 4812 only immediately on reaching 4813 please explain.
Today I waited for the market to open because of expected Gap down opening
It did open with gap i made the calculation taking the S1- Pivot level which was at 4808 and the full sup/res. levels as fallows
4827.83 4845.22 4862.63 4880.07 4897.55
4812.89 UP
4795.56 DOWN
4780.65 4763.38 4746.14 4728.93 4711.75
Nifty made low at 4788 and bounced from there and sustained 4800 and traded above 4812 more than 10 minutes at that point i went long still i keep my sl at days low at 4788 when enter my long.
Today was trending market from the low it was easy to trade by simple TA.
very recently i start using live chart otherwise i work with my eod.
Please note :This system do hit SL in a small range bound intra day trade.
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