Nifty Intraday Pivot Points

[SavantGarde]

Re: Nifty Intraday Pivot Points for 31st Mar 2008

Nifty Intraday Pivot Points for 31st Mar 2008

[SIZE="3"][B]NF CLOSE	4970.65

PIVOT		4893.90

R1	4937.90	S1	4841.00
R2	4981.90	S2	4788.10
R3	5034.90	S3	4744.10
R4	5087.90	S4	0000.00
R5	5131.80	S5	0000.00
R6	5175.80	S6	0000.00[/B][/SIZE]

ABOVE FIGURES ARE BASED ON NF

For Any Carried Forward NF Keep A S/L Of 4911.60

Happy & Safe Trading

SavantGarde

 

[shrineha]

Re: Nifty Intraday Pivot Points for 31st Mar 2008

Hello Savant,

Sorry for this silly question.

Since I am getting used to TA , in Layman's terms what exactly you are trying to say here?

Thanks in advance for explaining it to novice like me.

Kind regards,
Shrineha

Nifty Intraday Pivot Points for 31st Mar 2008

[SIZE="3"][B]NF CLOSE	4970.65

PIVOT		4893.90

R1	4937.90	S1	4841.00
R2	4981.90	S2	4788.10
R3	5034.90	S3	4744.10
R4	5087.90	S4	0000.00
R5	5131.80	S5	0000.00
R6	5175.80	S6	0000.00[/B][/SIZE]

ABOVE FIGURES ARE BASED ON NF

For Any Carried Forward NF Keep A S/L Of 4911.60

Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Hi Shrineha,

1) NF (NiftyFuture) Close 4970.65
That Is The Closing Of Nifty Future Today.

2) Pivot 4893.90
Pivot Is Also The Trend Decider. Let Us Say If You See The Figure On Monday & If It Looks Like It Is Bouncing Off From The Pivot & Then It Is Possible To Go Long In Nifty Future For A Possible Target Of R1 & Now R1 Is Also A Resistance It May Find It Difficult To Cross, But If It Does Then Your Next Logical Target Can Be R2, Similarly If You See The Pivot Not Being Able To Hold Then It Is Quite Possible For It To Slide Upto S1, Which Happens To Be The First Support From Where It Can Possibly Bounce Back & If It Doesn't Hold The First Support Then It Can Slide To S2 (Support-2)

If The Market Opens Gap Up or Gap Down....Then Wherever Your Closest Rs & Ss Come Into Play.

Pivot Trading Is For Very Experienced Traders & My Suggestion Would Be To Follow It For Sometime & Only Enter Real Trades Once You Have Gained Confidence In The Pivots Posted.

Regards

SavantGarde

 

[shrineha]

Thanks Savant for explaining it nicely. appreciated it a lot

Kind regards,
Shrineha

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 10th Apr 2008

Nifty Intraday Pivot Points for 10th Apr 2008

[SIZE="3"][B]NF CLOSE	4740.30

PIVOT		4697.20

R1	4716.80	S1	4667.50
R2	4736.30	S2	4637.70
R3	4766.00	S3	4618.20
R4	4795.80	S4	4598.70
R5	4815.30	S5	4568.90
R6	4834.80	S6	0000.00[/B][/SIZE]

ABOVE FIGURES ARE BASED ON NF

Happy & Safe Trading

SavantGarde

 

[uasish]

Savanth,

Was missing this thread,without your permission distributed your Excellent Excell sheet ,'Trading Organizor', at kolkata meet.

Asish

 

[nagendra_gb]

Savanth after a long time, thanks man

 

[Saint]

Welcome back,Savant!

Saint

 

[SavantGarde]

Hi AsishDa,

Sorry For Being So Irregular & Not Being At Kolkata....Same Reason As Was Outlined In My Email To You.

Hope Everybody Finds The 'Trading Organizer' Useful & It Will Have Served My Purpose If It Helps In Saving A Little Money While Trading.

I Hope, I Don't Have The Same Problems For Making It To The Next Meet.

Congratulations To You & Everybody....Hmmm..Let's See If One Can Coin A Name......'Kolkata Chapter of Traderji'....

Warm Regards

SavantGarde

Savanth,

Was missing this thread,without your permission distributed your Excellent Excell sheet ,'Trading Organizor', at kolkata meet.

Asish

 

[SavantGarde]

Hi Saint,

Thanks A Ton....I Believe You Have Become Fluent In Bengali...

Warm Regards

SavantGarde

Welcome back,Savant!

Saint