Nifty Intraday Pivot Points

[SavantGarde]

Re: Nifty Intraday Pivot Points for 30th May 2007

Nifty Intraday Pivot Points For 30th May 2007​

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


4293.25 4301.40 4317.70 4254.20 4223.20 8.50


BUY HOLD ON NF - EXITS ARE EXIT-1 4244.60 EXIT-2 4196.40​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 31st May 2007

Nifty Intraday Pivot Points For 31st May 2007​

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


4249.65 4276.80 4311.90 4219.20 4196.80 10.20


BUY HOLD ON NF - EXITS ARE EXIT-1 4246.70 EXIT-2 4214.30​

AS ALWAYS ABOVE FIGURES ARE BASED ON NIFTY SPOT​

Seeya

SavantGarde

 

[msiddique]

Hi Savant,

Excellent work done by you. I have now started following your points keenly.

Two queries :

1)
You have mentioned that NIFTY needs to spend sometime above R1 or below S1 for the respective R2 & S2 levels (around 10 mins if I remember correctly). I have noticed that several times the NIFTY moves quite rapidly towards R2 OR S2 within those 10 mins thus not giving us enough time to take position at around R1 or S1 levels & hence reducing our profit margins. Please share your valuable insights into this.

2)
Is there any point where we can take position before R1 or S1 arrives; something like R0 OR S0 levels so that we can also enjoy the profits of R1 OR S1 levels ?

Thanks & Regards,

-Siddique

 

[SavantGarde]

Hi Savant,

Excellent work done by you. I have now started following your points keenly.

Two queries :

1)
You have mentioned that NIFTY needs to spend sometime above R1 or below S1 for the respective R2 & S2 levels (around 10 mins if I remember correctly). I have noticed that several times the NIFTY moves quite rapidly towards R2 OR S2 within those 10 mins thus not giving us enough time to take position at around R1 or S1 levels & hence reducing our profit margins. Please share your valuable insights into this.

2)
Is there any point where we can take position before R1 or S1 arrives; something like R0 OR S0 levels so that we can also enjoy the profits of R1 OR S1 levels ?

Thanks & Regards,

-Siddique

Hi Siddique,

I am a little tied up today giving some last minute touches to new calculations that I have been testing for 4 months, but most of your problems should get sorted from tomorrow or latest by Monday, where you will get actual Pivot & some more Resistances & Supports, that should make things easier for Intraday Trading, hopefully.

CAUTION: For Intraday Positions in Futures or Stocks I would suggest not Trading them for atleast 3 days from Date of Expiry & After, but that doesn't mean that you don't observe the movements of your respective interest on embargo days, on the contrary you should pay more attention to the Movements of Your Interest.


Thanks, Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Guys don't get carried away by Excellent Global Cues.....considering today is the expiry of the Futures.....keep alert especially......after 2:00 pm.

Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 31st may 2007

Based On Actual NF Figures

CLOSE : 4242.80
PIVOT:4267.80
R1-4283 R2-4299 R3-4313 R4-4327
S1-4253 S2-4239 S3-4223 S4-4207


Happy & Safe Trading

SavantGarde

 

[uasish]

Keenly waiting for Monday for this

http://www.traderji.com/92970-post261.html

If gnawing ,tearing apart those Datas ,like a dedicated Bulldog can, if only can know the fishing from Gr8 anglars.

 

[SavantGarde]

Keenly waiting for Monday for this

http://www.traderji.com/92970-post261.html

If gnawing ,tearing apart those Datas ,like a dedicated Bulldog can, if only can know the fishing from Gr8 anglars.

Asish,

You don't have to wait till monday already posted a li'l bit of it today check the post down below....Hehehehe

SavantGarde

 

[msiddique]

Re: Nifty Intraday Pivot Points for 31st may 2007

Based On Actual NF Figures

CLOSE : 4242.80
PIVOT:4267.80
R1-4283 R2-4299 R3-4313 R4-4327
S1-4253 S2-4239 S3-4223 S4-4207


Happy & Safe Trading

SavantGarde

Hi Savant,

Thanks for the new studies & posting the same here.

Kindly brief us as how to use them. Though most of them seem self-explanatory but please explain the "PIVOT" above.

Thanks once again Savant,

-Siddique

 

[msiddique]

Also, please let us know if we need to follow the old SPOT Pivot Points also posted by you yesterday ?

-Siddique