Nifty Futures Trading

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uasish

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Vijay66,

Most of us are in the midst of Trading with money at stake,this is not the right thread for a new member to seek advise,plz go to beginner's thread.

Asish
 

new2sm

Well-Known Member
Sunil, 3 observations abt carmellia pivot calc.
1. Has very less levels(May be we can add more formula but goes against the theory).
2. The last level for today was 2831 which is S4. I believe from there u should go long. but proved wrong atleast in present scenario.
3. The levels I see are not sane. For instance, Resistance 1 is always above a Pivot for the day which is not the case in Carm. see below.

R4 3038.05
R3 2986.37
R2 2969.15
R1 2951.92
PP 2977.87
S1 2917.48
S2 2900.25
S3 2883.03
S4 2831.36

But Classic & Woodie have had decent predictions for levels. Just my observations.
 
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