Nifty Intraday Pivot Points

[pkamalesh]

Hi Pk,

No idea about Amibroker at all.

ohh ok..no probs..TT im familiar with..thanks for the nice chart bhai....Just one query...do u rely on this line??? and how does it work during a side ways movement?? just curious...

 

[columbus]

ohh ok..no probs..TT im familiar with..thanks for the nice chart bhai....Just one query...do u rely on this line??? and how does it work during a side ways movement?? just curious...

Hi kamalesh,

As long as the CANDLES are in top band Buy holds GOOD ,once it touches
Lakshman Rekha (in otherwords STOPLOSS) sell it ,in the lower band SHORT
it.
I have been using this method for last few days.

 

[pkamalesh]

Hi kamalesh,

As long as the CANDLES are in top band Buy holds GOOD ,once it touches
Lakshman Rekha (in otherwords STOPLOSS) sell it ,in the lower band SHORT
it.
I have been using this method for last few days.

Oh k...will keep a track of that too from tomorrow..

 

[columbus]

Oh k...will keep a track of that too from tomorrow..

Hi Pk,
Good example.

Happy trading.

 

[Mowgli]

Hi Pk,
Good example.

Happy trading.

Hi Columbus,

Thanks.

Would you please explain the trading decisions in terms of the lines? I read the rules in the previous post but did not understand how to relate it to the long/short signal in this post.

Regards
Mowgli

 

[pkamalesh]

Thanks bhai...dont mind bro..my dumb brain got another doubt...see there are more than one instances where the price has pierced the lower band...so my query is where would we know to go long?? as u can see in the above chart..even while the down fall began, the prices have pierced the lower BB 2 or 3 times..so here is my confusion..should i close my shorts here?? what are the other things that i must watch to hold on to my shorts in this case??

 

[pkamalesh]

Completely offtopic : Watched dow??:clapping:...what a recovery...U.S. Stocks Gain on Federal Reserve Plan to Buy Mortgage Bonds, Treasuries :rofl:

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 19th Mar 2009

'JAI BABA'​

NiftyFuture Intraday Pivot Points for 19th Mar. 2009

[SIZE="3"][B]NF CLOSE	2779.85	

PIVOT		2790.00

R1	2799.50	S1	2770.00
R2	2809.00	S2	2750.00
R3	2829.00	S3	2741.00
R4	2849.00	S4	2731.00
R5	2859.00	S5	2711.00
R6	2868.00	S6	2691.00[/B][/SIZE]

 [COLOR="purple"][U][B]NIFTY FUTURE BUY SELL TRIGGERS[/B][/U][/COLOR]

[COLOR="purple"][B]DATE		CLOSE	TRIGGER	S/L[/B][/COLOR]

18-MAR-2009	2779.85	[COLOR="Green"]B.HOLD[/COLOR]	2787.00
17-MAR-2009	2751.75	[COLOR="Green"]B.HOLD[/COLOR]	2701.00
16-MAR-2009	2774.20	[COLOR="Green"]B.HOLD[/COLOR]	2680.00
13-MAR-2009	2716.20	[COLOR="Green"]B.HOLD[/COLOR]	2631.00
12-MAR-2009	2597.70	[COLOR="Green"]BUY[/COLOR]	2522.00
09-MAR-2009	2548.40	[COLOR="red"]S.HOLD[/COLOR]	2623.00
06-MAR-2009	2608.65	[COLOR="red"]S.HOLD[/COLOR]	2641.00
05-MAR-2009	2556.80	[COLOR="red"]SELL[/COLOR]	2632.00
04-MAR-2009	2630.05	[COLOR="Green"]BUY[/COLOR]	2583.00
03-MAR-2009	2590.85	[COLOR="red"]S.HOLD[/COLOR]	2648.00
02-MAR-2009	2639.40	[COLOR="red"]SELL[/COLOR]	2732.00

Longer Term Triggered BUY On 13/03/2009 @ 2716.20 S/L Is
2738.00 For 19th Mar 2009
For The Shorter Term You Will See A Strangeness Of S/L Being Higher Than
The Actual Close, What That Means Is If NF Opens Higher Then You Put A S/L
Of 2787.00 & If That Triggers Then You Stay On The Sideline, For An
Update During The Market Time, Or If EOD Remains B.HOLD Then You BUY
Again Next Day.


Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Hi Kamlesh,

What Happened To Yesterday's Charts.....

Could Be Interesting To See What Happened

Happy & Safer Trading

SavantGarde

 

[sumitro]

Savant though we are following this and gaining some points but can u just explain the logic behind this strategy of this tread.