Nifty Intraday Pivot Points

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Ok Thanks SavantGarde, I shall try to locate the same & get back to you.

Meanwhile, kindly let me know what is the success rate of these pivot points from a day-to-day basis ?

Regards,

-Siddique
 

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 7th May 2007

Nifty Intraday Pivot Points For 7th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4117.35 4152.30 4195.00 4083.70 4057.90 12.10




EXITS FOR "BUY HOLD" NF ARE- EXIT-1 4127.60 EXIT-2 4076.00


AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​



Seeya

SavantGarde
 

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 8th May 2007

Nifty Intraday Pivot Points For 8th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4111.15 4134.70 4166.10 4083.20 4063.20 9.20




EXITS FOR "BUY HOLD" NF ARE- EXIT-1 4117.60 EXIT-2 4088.40


AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​



Seeya

SavantGarde
 

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 9th May 2007

Nifty Intraday Pivot Points For 9th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4077.00 4110.00 4150.70 4043.00 4016.70 11.80




EXITS FOR "BUY HOLD" NF ARE- EXIT-1 4112.20 EXIT-2 4096.00


AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​



Seeya

SavantGarde
 

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 10th May 2007

Nifty Intraday Pivot Points For 10th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4079.30 4091.00 4110.40 4036.90 4002.20 9.60




EXITS FOR "BUY HOLD" NF ARE- EXIT-1 4111.40 EXIT-2 4099.70


AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​



Seeya

SavantGarde
 
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I am unable to understand the pivot points, will u pls explain. Regret for the inconvenience. New to trading. I am given to understand that if trades above pivot then bullish and if below pivot bearish. Pivot an indicator to go long or short.
 

SavantGarde

Well-Known Member
I am unable to understand the pivot points, will u pls explain. Regret for the inconvenience. New to trading. I am given to understand that if trades above pivot then bullish and if below pivot bearish. Pivot an indicator to go long or short.
Okkkzz...let me explain this as simply as is possible for me...

1) First is Nifty Spot Close for The Day

2) R1 Which is the first resistance point, Nifty Spot would Face or in other
words a Hurdle that it needs to cross so it can continue its move up more
easily, probable point where it might face another Hurdle is R2

3) S1 is the first Support from where it is possible for Nifty Spot to take
Support & move up, but if it stays there for a while and cannot seem
to move up, then the next Support point would be at S2, which is
always a stronger support than S1 where it might reverse.

4) Trailing Stop Loss - Comes into play only after taking appropriate position
either Long or Short whereby after it has moved you put in a Stop Loss,
thus minimising your Loss if the Nifty Spot moves against you, and while it
is moving Favourably depending on your position, you will need to keep
adjusting the Stop Loss, whereby at certain point you will have locked in
some amount of profit, in the event there is a sudden or rapid move
against your position...The art of continuously adjusting your Stops is popularly called a Trailing Stop Loss.

CAUTION: These Pivot Points I post are for Experienced or Extremely Nimble
Traders, not for Newcomers.


My Advice to You personally would be to write the Pivots down on a piece of paper and watch how the Nifty Spot behaves at the Pivots, follow the exercise diligently for a month atleast, thereafter it will depend enitrely upon you how one might want to make use of the Pivots.

Happy & Safe Trading

SavantGarde
 

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 11th May 2007

Nifty Intraday Pivot Points For 11th May 2007​

NIFTY SPOT CLOSE LONG-1 (R1) LONG-2 (R2) SHORT-1 (S1) SHORT-2 (S2) Trail'g S/L

4066.80 4104.90 4150.80 4030.90 4002.70 13.00




CALCULATIONS HAVE GENERATED A SELL TRIGGER FOR NF POSITIONAL TRADERS & S/Ls ARE S/L-1 4106.40 S/L-2 4109.20


AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

HOPE FOR ALL THOSE WHO HAD FOLLOWED THE LAST TRIGGER HAVE MADE ATLEAST 300-350 POINTS ON THE NF


Seeya

SavantGarde
 
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