NIFTY Futures Mechanical Trading

[nadodav]

NIFTY FUTURE For April 23,

Current position : Nil

Nifty Fut Closed at : 5043.65

Net Profit/Loss since thread started : +1204.00

Support : 4990
Resistance : 5061

I will go LONG above 5061 with SL 4990 or go SHORT below 4990 with SL 5061.

Nifty Fut.xls is updated in my 1st message.

Happy Trading.

Vinod

 

[jace48]

How many guys using this system with mininifty?

 

[ravalsb]

How many guys using this system with mininifty?

Hi..I have been using Vinod's Support and Resistance levels for Nifty Futures as well as Nifty Options.

Regards

 

[jace48]

Hi ravalsb,

Help me understand how do you trade options using his system?
Do you have maintain any log of your trades using options such as Nifty Fut.xls of vinod?

Thanks

 

[milkyblack]

Good to see the posts from Mr.Vinod once again

Regards

 

[debdeeps]

Hi..I have been using Vinod's Support and Resistance levels for Nifty Futures as well as Nifty Options.

Regards

Does he have a thread for Option too??

 

[nadodav]

Hello Vinod,
Have we gone long at the openingbell or do we wait for first 10 minutes to allow the market to settle. I usually trade only after 10.05
In later case we are yet to go long ...
Do give your input
Regards
Shravan

Usually, we avoid trading during market opening & closing time i.e. first 5 minute & last 5 minute.

 

[nadodav]

NIFTY FUTURE For April 24,

Current position : LONG (at 5061 on 23/04/2008)

Nifty Fut Closed at : 5031.10

Profit/Loss in current trade : -29.90 (as per last closing price)
Net Profit/Loss since thread started : +1174.10 (1204.00-29.90)

Support : 4995
Resistance : 5067

Hold LONG position with SL 4995. If trades below 4995, exit LONG & go SHORT with SL 5067

Happy Trading.

Vinod

 

[ravalsb]

Hi ravalsb,

Help me understand how do you trade options using his system?
Do you have maintain any log of your trades using options such as Nifty Fut.xls of vinod?

Thanks

Hi..i do not maintain log sheet.

I prefer to enter the trade when trend reversal happens. i.e. whevenever stop loss triggers and fresh position is taken.

Buy At The Money or nearest In The Money Option, Call for Long and Put for Short.

Regards

 

[gkpc]

Friends, Any indicator, method or Expert for taking out just 20 Nifty points on Daily basis!!!!
Any guidance or direction to achieve this goal are appreciated.
Regards.
Gautam