Nifty Intraday Pivot Points

[SavantGarde]

Re: Nifty Intraday Pivot Points for 26th August 2008

Nifty Intraday Pivot Points for 26th August 2008

[SIZE="3"][B]NF CLOSE	4337.00

PIVOT		4374.40

R1	4396.30	S1	4364.10
R2	4418.20	S2	4353.70
R3	4428.60	S3	4331.80
R4	4438.90	S4	4309.90
R5	4460.80	S5	4299.50
R6	4482.70	S6	4289.20[/B][/SIZE]

[COLOR="Purple"][U][B]NIFTY FUTURES BUY SELL TRIGGERS[/B][/U][/COLOR]

[COLOR="Purple"][B]DATE		CLOSE	TRIGGER	S/L[/B][/COLOR]

18-JULY-2008	4077.65	[COLOR="Green"]BUY[/COLOR]	3960.70
21-JULY-2008	4165.10	[COLOR="green"]B.HOLD[/COLOR]	4033.05
22-JULY-2008	4249.95	[COLOR="green"]B.HOLD[/COLOR]	4130.80
23-JULY-2008	4490.70	[COLOR="green"]B.HOLD[/COLOR]	4250.50
24-JULY-2008	4443.10	[COLOR="green"]B.HOLD[/COLOR]	4378.00
25-JULY-2008	4329.65	[COLOR="green"]B.HOLD[/COLOR]	4458.60
28-JULY-2008	4337.15	[COLOR="green"]B.HOLD[/COLOR]	4454.90
29-JULY-2008	4198.90	[COLOR="green"]B.HOLD[/COLOR]	4390.10
30-JULY-2008	4326.40	[COLOR="green"]B.HOLD[/COLOR]	4339.60
31-JULY-2008	4335.10	[COLOR="green"]B.HOLD[/COLOR]	4309.60
01-AUG-2008	4432.85	[COLOR="green"]B.HOLD[/COLOR]	4354.30
04-AUG-2008	4405.45	[COLOR="green"]B.HOLD[/COLOR]	4398.05
05-AUG-2008	4527.95	[COLOR="green"]B.HOLD[/COLOR]	4446.50
06-AUG-2008	4526.00	[COLOR="green"]B.HOLD[/COLOR]	4507.90
07-AUG-2008	4531.60	[COLOR="green"]B.HOLD[/COLOR]	4564.40
08-AUG-2008	4549.00	[COLOR="green"]B.HOLD[/COLOR]	4593.60
11-AUG-2008	4633.60	[COLOR="green"]B.HOLD[/COLOR]	4599.70
12-AUG-2008	4560.45	[COLOR="green"]B.HOLD[/COLOR]	4610.90
13-AUG-2008	4550.70	[COLOR="green"]B.HOLD[/COLOR]	4624.10
14-AUG-2008	4437.05	[COLOR="red"]SELL[/COLOR]	4608.60
18-AUG-2008	4409.25	[COLOR="red"]S.HOLD[/COLOR]	4556.30
19-AUG-2008	4390.05	[COLOR="red"]S.HOLD[/COLOR]	4494.30
20-AUG-2008	4435.70	[COLOR="red"]S.HOLD[/COLOR]	4453.30
21-AUG-2008	4287.10	[COLOR="red"]S.HOLD[/COLOR]	4433.30
22-AUG-2008	4324.10	[COLOR="red"]S.HOLD[/COLOR]	4412.70
25-AUG-2008	4337.00	[COLOR="red"]S.HOLD[/COLOR]	4390.50

[COLOR="purple"][U][B]BANKNIFTY FUTURES BUY SELL TRIGGERS[/B][/U][/COLOR]

[COLOR="purple"][B]DATE		CLOSE	TRIGGER	S/L[/B][/COLOR]

18-JULY-2008	5368.00	[COLOR="Green"]BUY[/COLOR]	5064.50
21-JULY-2008	5589.10	[COLOR="green"]B.HOLD[/COLOR]	5230.50
22-JULY-2008	5781.60	[COLOR="green"]B.HOLD[/COLOR]	5479.90
23-JULY-2008	6350.10	[COLOR="green"]B.HOLD[/COLOR]	5780.10
24-JULY-2008	6210.95	[COLOR="green"]B.HOLD[/COLOR]	6088.00
25-JULY-2008	5931.85	[COLOR="green"]B.HOLD[/COLOR]	6272.20
28-JULY-2008	5911.20	[COLOR="green"]B.HOLD[/COLOR]	6248.00
29-JULY-2008	5418.95	[COLOR="red"]SELL[/COLOR]	6075.50
30-JULY-2008	5693.55	[COLOR="green"]BUY[/COLOR]	5909.10
31-JULY-2008	5706.95	[COLOR="green"]B.HOLD[/COLOR]	5809.50
01-AUG-2008	5980.00	[COLOR="green"]B.HOLD[/COLOR]	5795.20
04-AUG-2008	5989.95	[COLOR="green"]B.HOLD[/COLOR]	5887.50
05-AUG-2008	6397.45	[COLOR="green"]B.HOLD[/COLOR]	6063.60
06-AUG-2008	6338.05	[COLOR="green"]B.HOLD[/COLOR]	6302.80
07-AUG-2008	6387.00	[COLOR="green"]B.HOLD[/COLOR]	6488.50
08-AUG-2008	6469.45	[COLOR="green"]B.HOLD[/COLOR]	6563.00
11-AUG-2008	6720.50	[COLOR="green"]B.HOLD[/COLOR]	6580.00
12-AUG-2008	6507.35	[COLOR="green"]B.HOLD[/COLOR]	6629.30
13-AUG-2008	6398.10	[COLOR="green"]B.HOLD[/COLOR]	6673.30
14-AUG-2008	6041.65	[COLOR="red"]SELL[/COLOR]	6595.40
18-AUG-2008	6036.65	[COLOR="red"]S.HOLD[/COLOR]	6415.90
19-AUG-2008	6017.00	[COLOR="red"]S.HOLD[/COLOR]	6237.80
20-AUG-2008	6041.10	[COLOR="red"]S.HOLD[/COLOR]	6132.10
21-AUG-2008	5709.45	[COLOR="red"]S.HOLD[/COLOR]	6082.00
22-AUG-2008	5778.70	[COLOR="red"]S.HOLD[/COLOR]	6022.10
25-AUG-2008	5867.20	[COLOR="red"]S.HOLD[/COLOR]	5961.60

[COLOR="purple"][U][B]CNXIT FUTURES BUY SELL TRIGGERS[/B][/U][/COLOR]

[COLOR="purple"][B]DATE		CLOSE	TRIGGER	S/L[/B][/COLOR]

30-JULY-2008	3793.65	[COLOR="Green"]BUY[/COLOR]	3738.00
31-JULY-2008	3769.00	[COLOR="green"]B.HOLD[/COLOR]	3754.00
01-AUG-2008	3872.80	[COLOR="green"]B.HOLD[/COLOR]	3799.80
04-AUG-2008	3869.40	[COLOR="green"]B.HOLD[/COLOR]	3856.50
05-AUG-2008	3959.90	[COLOR="green"]B.HOLD[/COLOR]	3898.90
06-AUG-2008	3985.00	[COLOR="green"]B.HOLD[/COLOR]	3945.40
07-AUG-2008	3995495	[COLOR="green"]B.HOLD[/COLOR]	3991.10
08-AUG-2008	3934.70	[COLOR="green"]B.HOLD[/COLOR]	4018.60
11-AUG-2008	3935.00	[COLOR="green"]B.HOLD[/COLOR]	4016.50
12-AUG-2008	3841.30	[COLOR="red"]SELL[/COLOR]	3995.50
13-AUG-2008	3874.35	[COLOR="Green"]BUY[/COLOR]	3964.60
14-AUG-2008	3919.80	[COLOR="green"]B.HOLD[/COLOR]	3942.60
18-AUG-2008	3943.00	[COLOR="green"]B.HOLD[/COLOR]	3945.50
19-AUG-2008	3925.35	[COLOR="green"]B.HOLD[/COLOR]	3964.30
20-AUG-2008	3935.05	[COLOR="green"]B.HOLD[/COLOR]	3979.50
21-AUG-2008	3833.90	[COLOR="red"]SELL[/COLOR]	3968.00
22-AUG-2008	3832.40	[COLOR="red"]S.HOLD[/COLOR]	3935.80
25-AUG-2008	3861.10	[COLOR="red"]S.HOLD[/COLOR]	3901.80

Happy & Safe Trading

SavantGarde

 

[vangara_kris]

Dear savanth, iam a new entrant. Can u pl let me know ur strategy in detail pl. Don't ask me to refer prev pages as i wud like to hear from u directly afrersh. Do consider my request.
Krishna

 

[SavantGarde]

Hi Krishna,

Ok, Here Is My Attempt To Make The Explanation As Simple As Is Possible For Me.

First The Pivot Points

You Have NiftyFuture Close As Referred To In My Post As NF

Then, The PIVOT POINT

Which Is Also At Times Referred To As The 'Trend Decider'

Thereafter You Have Resistances (R1, R2, R3...) On The Left & Supports On The Right (S1, S2, S3...)

All The Above Is Meant To Help An IntraDay Trader Be Mindful Of The Move & Basically Which Are The Places Or Points In This Case Where The Move May Encounter Some Obstruction...Like A Road Block.
Being Aware Of The Problem Areas Helps Traders Take An Appropriate Action On The Long Side Or The Short Side Whatever The Case Maybe, Also Helps In Not Falling Prey To The Human Emotions & The Noise Around The Trader.

On The Way Up From The PIVOT POINT The Road Blocks Are Called Resistances & Hence They Are Numbered As R1, R2, R3 & So On So Forth.

Similarly, On The Way Down From The PIVOT POINT It Is Called Supports & Hence They Are Numbered As S1, S2, S3...So On So Forth.

The Explanation Above Takes Care Of The First Part Of My Posts.

Let Me Know If You Have Any Query, Will Try My Best To Sort Them Out Further.

Second Part Of The Post....Will Explain, If You Have Understoood The First Part....So As Not To Add To Any Confusion.

Here Is Something To Just Smile...

If You Don't Understand Tell Me You Don't Understand, How Will I Understand That You Don't Understand, Understand...

Happy & Safe Trading

SavantGarde

Dear savanth, iam a new entrant. Can u pl let me know ur strategy in detail pl. Don't ask me to refer prev pages as i wud like to hear from u directly afrersh. Do consider my request.
Krishna

 

[trader999]

SavantGarde Sir,
What is meaning of Sell hold for the end of the day ?


Ram

 

[SavantGarde]

Hi Ram,

S.HOLD or SELLHOLD Means The Open Position Is On The Short Side Until S/L Gets Triggered Or Fresh BUY Triggers

Happy & Safe Trading

SavantGarde

SavantGarde Sir,
What is meaning of Sell hold for the end of the day ?


Ram

 

[trader999]

SavantGarde Sir,
Yesterday I bought Nifty Sep call for 127 ? American markets are down ? Should I exit?


Regards
Ram

 

[SavantGarde]

What STRIKE Did You BUY

SavantGarde

SavantGarde Sir,
Yesterday I bought Nifty Sep call for 127 ? American markets are down ? Should I exit?


Regards
Ram

 

[trader999]

Sir,
4400


Ram

 

[SavantGarde]

Ok Don't Exit, But Incase If You See Between 40-60 Before The 5th You BUY One More

Happy & Safe Trading

SavantGarde

Sir,
4400


Ram

 

[vinst]

Hi Krishna,

Ok, Here Is My Attempt To Make The Explanation As Simple As Is Possible For Me.

First The Pivot Points

You Have NiftyFuture Close As Referred To In My Post As NF

Then, The PIVOT POINT

Which Is Also At Times Referred To As The 'Trend Decider'

Thereafter You Have Resistances (R1, R2, R3...) On The Left & Supports On The Right (S1, S2, S3...)

All The Above Is Meant To Help An IntraDay Trader Be Mindful Of The Move & Basically Which Are The Places Or Points In This Case Where The Move May Encounter Some Obstruction...Like A Road Block.
Being Aware Of The Problem Areas Helps Traders Take An Appropriate Action On The Long Side Or The Short Side Whatever The Case Maybe, Also Helps In Not Falling Prey To The Human Emotions & The Noise Around The Trader.

On The Way Up From The PIVOT POINT The Road Blocks Are Called Resistances & Hence They Are Numbered As R1, R2, R3 & So On So Forth.

Similarly, On The Way Down From The PIVOT POINT It Is Called Supports & Hence They Are Numbered As S1, S2, S3...So On So Forth.

The Explanation Above Takes Care Of The First Part Of My Posts.

Let Me Know If You Have Any Query, Will Try My Best To Sort Them Out Further.

Second Part Of The Post....Will Explain, If You Have Understoood The First Part....So As Not To Add To Any Confusion.

Here Is Something To Just Smile...

If You Don't Understand Tell Me You Don't Understand, How Will I Understand That You Don't Understand, Understand...

Happy & Safe Trading

SavantGarde

Savant,

Waiting for the second part.

regards,
vin