Nifty Intraday Pivot Points

[SavantGarde]

Hi Milkyblack,
On The Longer Term Time Frame It Is Still BUY-HOLD, But If The S/L Gets Triggered You Don't Take Another Long Position On The Same Day, One has To Wait For EOD Data & See What The Calculation Spews Out For Next Day, Although On A Shorter Time Frame It Has Indicated SELL Today......Since I Have Not Posted The Shorter Time Frame Trigger Of SELL..... If Mondays EOD Data Indicates A SELL On The Longer Time Frame, That Shall Be Posted On Monday Evening, But As Of Now I Do Not Know What May Transpire On Monday.... 4129 Would Be S/L If NF Opens Gap-Up Above 4129, That Is When The BUYHOLD Can Be Re-Entered In NF With S/L of 4129
But Then For Those Playing The Longer or Short Term Time Frame With Relatively Less Risk Appetite....May Take Help Of The Pivots For Their Position.
And Even As I Write This To You DOW Is Down -200 Doesnt Look So Good For Us Monday, First The IIP Data Today & The DOW Closing Badly

Happy & Safe Trading

SavantGarde

Hi,

As you mentioned the NF for today the trail SL for long was abt 4075... Now should have all exited their positions and reversed in that case... so now you mean the trail SL for shorts right?
Little confused

Regards

 

[milkyblack]

Hi Milkyblack,
On The Longer Term Time Frame It Is Still BUY-HOLD, But If The S/L Gets Triggered You Don't Take Another Long Position On The Same Day, One has To Wait For EOD Data & See What The Calculation Spews Out For Next Day, Although On A Shorter Time Frame It Has Indicated SELL Today......Since I Have Not Posted The Shorter Time Frame Trigger Of SELL..... If Mondays EOD Data Indicates A SELL On The Longer Time Frame, That Shall Be Posted On Monday Evening, But As Of Now I Do Not Know What May Transpire On Monday.... 4129 Would Be S/L If NF Opens Gap-Up Above 4129, That Is When The BUYHOLD Can Be Re-Entered In NF With S/L of 4129
But Then For Those Playing The Longer or Short Term Time Frame With Relatively Less Risk Appetite....May Take Help Of The Pivots For Their Position.
And Even As I Write This To You DOW Is Down -200 Doesnt Look So Good For Us Monday, First The IIP Data Today & The DOW Closing Badly

Happy & Safe Trading

SavantGarde

Thanks Sir, for the clarification
Its clear now!
Yes the GAP UP possibility looks BLEAK!!!
But gap down is on the way! But again it might open near 3900 and take support! As many expecting 3850 to hold!
Lets see how it spans out to be .... these views are like an obstacle to trading as the mind starts thinking that 3850 might hold as a support and exit the short positions and then see a big move to 3600

Thanks again for your prompt reply

Regards

 

[milkyblack]

One more thing... there was a gap up and was not filled yet... so it might get filled on Monday...

Regards

 

[columbus]

Thanks Sir, for the clarification
Its clear now!
Yes the GAP UP possibility looks BLEAK!!!
But gap down is on the way! But again it might open near 3900 and take support! As many expecting 3850 to hold!
Lets see how it spans out to be .... these views are like an obstacle to trading as the mind starts thinking that 3850 might hold as a support and exit the short positions and then see a big move to 3600

Thanks again for your prompt reply

Regards

On lighter vein, PIVOTS do not work well on FRIDAYS. Certainly you can use them as reference levels.

 

[columbus]

Re: Nifty Intraday Pivot Points for 14th July 2008

Nifty Intraday Pivot Points for 14th July 2008

[B]NF CLOSE	4021.20


PIVOT		4125.30

R1	4197.40	S1	4091.90
R2	0000.00	S2	4058.50
R3	0000.00	S3	3986.40
R4	0000.00	S4	3914.20
R5	0000.00	S5	3880.90
R6	0000.00	S6	3848.50[/B]
[COLOR="purple"]ABOVE FIGURES ARE BASED ON NF [/COLOR]

NF CLOSE... 4021

PIVOT..... 4125

R1 4197............ S1 4092
R2 0000............ S2 4059
R3 0000............ S3 3986
R4 0000............ S4 3914
R5 0000............ S5 3881
R6 0000............ S6 3848

For All Those Long In NF S/L Is 4129 ( If The NF Opens Gap Up)

Happy & Safe Trading

I hope instead format f.2 ,the format f.0 looks more attractive.(No decimals).Please introduce a delimiter like ".","-"or "_" before s1,s2,s3,s4,s5,and s6.Please see the difference between these two.

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 17th July 2008

Nifty Intraday Pivot Points for 17th July 2008

[SIZE="3"][B]NF CLOSE	3803.35

PIVOT		3833.50

R1	3869.60	S1	3799.30
R2	3905.80	S2	3765.10
R3	3939.90	S3	3728.90
R4	0000.00	S4	3692.70
R5	0000.00	S5	3658.60
R6	0000.00	S6	3624.50[/B][/SIZE]

ABOVE FIGURES ARE BASED ON NF

Happy & Safe Trading

SavantGarde

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 17th July 2008

Since It Is Possible For NF To Open Above R3, I Am Adding The Rest Of The Resistances Upto R6 Since It Was Left Out By Me.

[SIZE="3"][B]NF CLOSE	3803.35

PIVOT		3833.50

R1	3869.60	S1	3799.30
R2	3905.80	S2	3765.10
R3	3939.90	S3	3728.90
R4	3974.10	S4	3692.70
R5	4010.30	S5	3658.60
R6	4046.50	S6	3624.50[/B][/SIZE]

Happy & Safe Trading

SavantGarde

 

[milkyblack]

Re: Nifty Intraday Pivot Points for 17th July 2008

Since It Is Possible For NF To Open Above R3, I Am Adding The Rest Of The Resistances Upto R6 Since It Was Left Out By Me.

[SIZE="3"][B]NF CLOSE	3803.35

PIVOT		3833.50

R1	3869.60	S1	3799.30
R2	3905.80	S2	3765.10
R3	3939.90	S3	3728.90
R4	3974.10	S4	3692.70
R5	4010.30	S5	3658.60
R6	4046.50	S6	3624.50[/B][/SIZE]

Happy & Safe Trading

SavantGarde

Sometimes(indeed most of the times) it just happens beyond expectations

Regards

 

[praveen taneja]

thnx for giving this information

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 18th July 2008

Nifty Intraday Pivot Points for 18th July 2008

[SIZE="3"][B]NF CLOSE	3925.65

PIVOT		3928.10

R1	3963.90	S1	3912.10
R2	3999.80	S2	3896.20
R3	4015.70	S3	3860.30
R4	4031.70	S4	3824.50
R5	4067.60	S5	3808.60
R6	4103.40	S6	3792.60[/B][/SIZE]

ABOVE FIGURES ARE BASED ON NF

Happy & Safe Trading

SavantGarde