Nifty Intraday Pivot Points

[vangara_kris]

Dear savanth, thanx n got it. Go ahead. Waiting...
Krishna

 

[SavantGarde]

Re: Nifty Intraday Pivot Points for 27th August 2008

Nifty Intraday Pivot Points for 27th August 2008

[SIZE="3"][B]NF CLOSE	4350.25

PIVOT		4316.10

R1	4329.20	S1	4295.80
R2	4342.20	S2	4275.40
R3	4362.60	S3	4262.40
R4	4382.90	S4	4249.30
R5	4395.90	S5	4228.90
R6	4409.00	S6	4208.60[/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
26-AUG-2008	4350.25	[COLOR="red"]S.HOLD[/COLOR]	4371.90

[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
26-AUG-2008	5968.10	[COLOR="green"]BUY[/COLOR]	5937.70

[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
26-AUG-2008	3909.40	[COLOR="Green"]BUY[/COLOR]	3885.50

Happy & Safe Trading

SavantGarde

 

[trader999]

Savant Garde Sir,
Should I buy a Nifty Sep put 4300 now?


Ram

 

[SavantGarde]

Hi Ram,

Buying Sept 4300 PUT At This Point Is Not Advisable.

Will Let You Know If & When It Is Necessary To Do So.

Happy & Safe Trading

SavantGarde

Savant Garde Sir,
Should I buy a Nifty Sep put 4300 now?


Ram

 

[vangara_kris]

Dear savanth, how can R1 n R2 which are less than NF closing values can act as resistances. Pl clarify.also, waiting for ur explanation wrt ur strategy to be continued.
krishna

 

[SavantGarde]

Hi Krishna,

Resitances (R1,R2...) Are Calculated From The Pivot Point....Therefore, If The PP Is Lower Than NF Close Then It Is Quite Normal To See Some Of The Resistances Below NF Close.

Will Put The Second Part Later During The Night.

Happy & Safe Trading

SavantGarde

Dear savanth, how can R1 n R2 which are less than NF closing values can act as resistances. Pl clarify.also, waiting for ur explanation wrt ur strategy to be continued.
krishna

 

[raj567]

hi SG,will u plz explain how you place stop loss. thanks

 

[SavantGarde]

Hi Raj,

S/L Is Something One Must Be Comfortable In The Whole Scheme Of Trading.

There Are No Hard & Fast Rules, This Conclusion I Have Come To Because Considering The Fact There Are More Rules Of S/Ls Than There Are Indicators & Trading Setups.

Hence, In The Pivot Posting One Can Follow Immediate Resistances Or Supports, Probably A Little Above Or Below As S/L Strategy.
Alternatively, You May Exit A Postion At A Point Where The Move May Make You Uncomfortable....In Short, Immediately In Your Uncomfortable Zone.

Happy & Safe Trading

SavantGarde

hi SG,will u plz explain how you place stop loss. thanks

 

[SavantGarde]

Hi Krishna,

Here Is The 2nd Part (Explanation For BUY, BUYHOLD, SELL & SELLHOLD)

Triggers Happen After The Market Because The Calculations Are Done Based On EOD (End Of Day Data)

Therefore, Any Action Warranted Can Only be Taken On The Following Trading Day.

1) If EOD Calculations Has Triggered A BUY Then One Should Take A Long Position When The Market Opens Or Ideally A Little After The Market Has Opened & The S/L Be Adjusted As Per The Update

2) Ofen I Am Asked, Why At Times The S/L Is Higher Than The Close
Now When You Have A S/L Higher Than The Close, That Is The Point Where A Couple Of Things May Happen:
a) Postion Doesn't Move Anywhere Close To The S/L
b) There Is A Gap-Up & That Is When You Lock-In Some Of That Gain By The Higher S/L Being Discussed.

3) What Happens If, Higher or Lower S/L Gets Triggered
a) That Is The End Of The Postion For That Day
b) If The Posting Still Shows A BUYHOLD Continuation For The Following Day, There Are A Couple Of Things That Can Be Followed Depending On An Individuals Risk Appetite
c) One Can Take A Long Postion In Coninuance To Your Previous Days Postion or Long Postion Maybe Entered A Little Above The New S/L For That Particular Day.

Similarly, One Would Follow The SELL & SELLHOLD Trigger & Update

Now, From BUY & BUYHOLD If The S/L Has Triggered & Next Days Update Indicates Fresh Trigger Of SELL, Then One Should Go Short & Follow All The Rules Outlined Above.

Exceptions To The Rule Is, One Can Take Profit At Any Point That One Wants To.....Same Goes For S/L, Depending On Ones Risk Appetite.

Especially, Where Money Is In Question, It Is Best To Gain Enough Faith In The System Through Diligent Following & Analysing The Systems Performance In Various Types Of Market & Making Notes Of Your Observation, Such As Knowing What Kind Of Market System Performs Better & What Kind Market It Is Lacking In Performance.

Knowing The Strengths & Weaknesses, Will Go A Long Way In Developing Your Faith In The System.

Ofcourse, Individual Personalities Having Affinity To A System Is Important.

Whatever System One Adopts, In A Way Does Become Your Second Wife If You Already Have One.

Do Let Me Know, If I May Have Missed Anything Or You Have Any Query.

Happy & Safe Trading

SavantGarde

 

[trader999]

Savant Garde Sir,
At what level of Nifty can i buy a call Sep series?


Ram