Nifty Intraday Pivot Points

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Hi Sumitro,

Yesterday's Chart What Kamlesh Posted With 3 & 5 SMA, Would Have Given
Similar Results Because It Was A Good Trending Day, But I Am Still Exploring
The Best Possible Combnation & Nothing Is Set Yet, But Would Like To Still Stick To 4&5 SMA For Now.

OK Now Coming To BB (9,2)

If At Any Bar It Pierces The Upper BB & You Are Already Long, Then You Exit Your Long, Which Will Give You A Few Extra Points, & Possibly Go Short As
Well & Cover If The We Have A Bullish Crossover Still In Play & Similarly You Do The Opposite When The Lower BB Is Pierced.

You Will Notice Over A Period That After Piercing It Does Come Down Most Often Than Not. Therefore, The Idea Is To Take Advantage Of The Same & Why Not It Doesn't Disturb The Chart Pattern In Progress.


Happy & Safer Trading

SavantGarde
Hi Savantji/team,

Thanks for your effort to bring up a simple method for newbies. Have been following this keenly.

Regards
 
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