Nifty Intraday Pivot Points

[cbosein]

Hi Keerthi,

Why don't you prepare a workbook and gift it to the members?

Make a beginning and I will definitely help you out in preparing it.:thumb:

cheers

Prasad.

Hi Prasadam,

Let me try, If succeed I will post it for members.
Before that, anything avilalble already which is proven... exploring...

Regards,
Keerthi

 

[cbosein]

Post duplicated Sorry

 

[SavantGarde]

NiftyFUT-EOD Chart

SavantGarde

 

[cbosein]

NiftyFUT-EOD Chart

SavantGarde

Hi SG Sir,

1) Last bar of NF was Green where as Nifty Spot was RED!!
2) NF Red bar pierced lower BB & followed by Green Bar with longer lower shadow!!!

What is your interpretation?

Regards,
Keerthi

 

[SavantGarde]

SavantGarde

 

[Mangafreakz]

Wow , whats that Quadra chart , SG sir ?

 

[SavantGarde]

Hi MangaFreakz,

It Is Based On The Actual Pivot Calculation...Still Work In Progress...Quite A Bit Of Work Still...Idea Is To Take Away The Minor Whipsaws That One Witnesses....Basically Taking Away Little Doubts That Creep Into Day Traders

SavantGarde

Wow , whats that Quadra chart , SG sir ?

 

[SavantGarde]

Hi Keerthi,

There Is A Gap Between The Last & Second Last Bar...Any Of The Following
Should Happen....

a) If Monday Gaps Up Then It Could Close The Gap & Come Down Again

b) If It It Opens Down...Then It Could Move Up To Close The Gap Later In The Day

c) If It Fails To Close The Gap On Monday...Then Ideally It Should Close The Gap Within 3-4 Trading Sessions

Good Thing Is That BBs...Have Expanded With This Gap Down...Therefore, Previous Resistances Will Be Far Easier To Cross...When It Gets There....
Incidentally Bearish Crossover Hasn't Happened Except For A Sharp Downturn.

Happy & Safer Trading

SavantGarde

Hi SG Sir,

1) Last bar of NF was Green where as Nifty Spot was RED!!
2) NF Red bar pierced lower BB & followed by Green Bar with longer lower shadow!!!

What is your interpretation?

Regards,
Keerthi

 

[lochan79]

Hi Gurus,
I'm sorry for this basic doubt. I blindly follow your calls however I never understand how to correlate spot price to the future price of nifty?
To be specific if I know the nifty index value can I pinpoint the nifty future price?

 

[SavantGarde]

If You Mean Nifty Pivot Points, Long Term & Short Term Figures They Are NOT Spot Prices...They Are Nifty Future Figures.

Happy & Safer Trading

SavantGarde

Hi Gurus,
I'm sorry for this basic doubt. I blindly follow your calls however I never understand how to correlate spot price to the future price of nifty?
To be specific if I know the nifty index value can I pinpoint the nifty future price?