Nifty Intraday Pivot Points

Status
Not open for further replies.

SavantGarde

Well-Known Member
VVVV,

There Could Be Quite A Few Ways That Gap-Up & Down Could Be Handled, But Then That Is Not A Primary Focus At This Early Stage.

While I Have Normally Worked With EOD For My Personal Trading, Prasadam Brought It To My Notice If It Could Be Applied For Intraday, Since I Don't Have Access To RT Data, He Has Been Posting The Charts Here For Me To Go Through.

If Interested, Please Go Through Some Of The Earlier Posts To Get A Handle Of What Is Being Discussed & Feel Free To Play The Devil's Advocate.

Any Suggestions Will Be Looked Into & Discussed Seriously, AsishDa Is Going To Take A Look Over The Weekend.

Only Thing We Have To First Tackle The Primary Issue Of Its Feasibility, Thereafter, One Can Look At Scenarios Such As The One Brought Up By You & I Am Sure There Will Be Many Many More To Tackle...:)

Too Much Digressing On My Part.


Happy & Safe Trading

SavantGarde

how do tackle gaps ?? which is a daily phenom now??????//almost
 
Last edited:

SavantGarde

Well-Known Member
Re: BankNifty Intraday Pivot Points for 24th Feb 2009

'JAI BABA'

BankNifty Intraday Pivot Points for 24th Feb 2009

Code:
[SIZE="3"][B]BNF CLOSE	3934.35	

PIVOT		3971.00

R1	4012.00	S1	3958.00
R2	4052.00	S2	3945.00
R3	4065.00	S3	3905.00
R4	4080.00	S4	3864.00
R5	4120.00	S5	3852.00
R6	4160.00	S6	3832.00[/B][/SIZE]
Code:
 [COLOR="purple"][U][B]BANKNIFTY FUTURES BUY SELL TRIGGERS[/B][/U][/COLOR]

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

20-FEB-2009	3934.35	[COLOR="green"]B.HOLD[/COLOR]	3862.00
19-FEB-2009	4065.85	[COLOR="green"]B.HOLD[/COLOR]	3938.00
18-FEB-2009	4060.70	[COLOR="green"]BUY[/COLOR]	3902.00
17-FEB-2009	4150.90	[COLOR="red"]S.HOLD[/COLOR]	4522.00
16-FEB-2009	4336.90	[COLOR="red"]SELL[/COLOR]	4550.00
Will Not Be Available Till Friday Evening.

Trade Safely & Trail With Tight S/L





Happy & Safe Trading

SavantGarde
 
Last edited:

SavantGarde

Well-Known Member
Re: Nifty Intraday Pivot Points for 24th Feb 2009

'JAI BABA'

NiftyFuture Intraday Pivot Points for 24th Feb 2009

Code:
[SIZE="3"][B]NF CLOSE	2723.15	

PIVOT		2732.00

R1	2752.00	S1	2724.00
R2	2774.00	S2	2716.00
R3	2783.00	S3	2695.00
R4	2790.00	S4	2675.00
R5	2811.00	S5	2667.00
R6	2828.00	S6	2659.00[/B][/SIZE]
Code:
 [COLOR="purple"][U][B]NIFTY FUTURE BUY SELL TRIGGERS[/B][/U][/COLOR]

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

20-FEB-2009	2723.15	[COLOR="green"]B.HOLD[/COLOR]	2682.00
19-FEB-2009	2786.15	[COLOR="green"]B.HOLD[/COLOR]	2720.00
18-FEB-2009	2763.25	[COLOR="green"]BUY[/COLOR]	2698.00
17-FEB-2009	2753.60	[COLOR="red"]S.HOLD[/COLOR]	2920.00
16-FEB-2009	2831.50	[COLOR="red"]SELL[/COLOR]	2940.00

Happy & Safe Trading

SavantGarde
 
U

uasish

Guest
Savanth,

I am giving you a Link where i have posted charts of Educom cash (selected that on whim it could be any share) 1 min / 5 min / EoD & Infy Fut 1min / 5 min / EoD.
As you where approaching Price by MA hence thought of sharing some of my proprietory 'indicators ' on that line.
1 is the indicator we gave Free to all partcipants of 'Kolkata Meet' (later Sanjay even coded that in Ami).
If you like the feel of this indicators ,then like good old days we can do the back-testing (hope you still have that team of your's at Mumbai),if this attracts you then i will pm you the code of both these 'indicators' & if the back-test is found favourable and a workable trading strategy can be developed then we may release the same to the forum.
Regarding your 4 & 5 Cross testing will try to attend to-morrow.

Asish

http://www.4 shared. com/file/88649122/32dbb469/Infy-Educom.html
 

SavantGarde

Well-Known Member
AsishDa,

I Can Download The Indicators But The Problem Is I Dont Have Meta or Ami

Since I Have Worked Quite A Bit With 4 & 5 On EOD, Prasadam Got Me Thinking About IntraDay & Results Of Whatever Little That I Have Seen Has Pleasantly Surprised Me, Ofcourse Your Valuable Input Should Take It To Its Logical Conclusion.

If It Works The Way I Have Imagined It Should, Everybody Who Wants It Can Have It.

By The Way I Am Not In Bombay From Monday Evening Till Thursday Afternoon, Going To Ahmednagar, A Little Farther Away From Pune.


Warm Regards & Thanks

SavantGarde

Savanth,

I am giving you a Link where i have posted charts of Educom cash (selected that on whim it could be any share) 1 min / 5 min / EoD & Infy Fut 1min / 5 min / EoD.
As you where approaching Price by MA hence thought of sharing some of my proprietory 'indicators ' on that line.
1 is the indicator we gave Free to all partcipants of 'Kolkata Meet' (later Sanjay even coded that in Ami).
If you like the feel of this indicators ,then like good old days we can do the back-testing (hope you still have that team of your's at Mumbai),if this attracts you then i will pm you the code of both these 'indicators' & if the back-test is found favourable and a workable trading strategy can be developed then we may release the same to the forum.
Regarding your 4 & 5 Cross testing will try to attend to-morrow.

Asish

http://www.4 shared. com/file/88649122/32dbb469/Infy-Educom.html
 

pkamalesh

Well-Known Member
Hi savant bhai, as promised looked into the nifty futures 1 min and 3 min charts...here in this smaller time frame, i guess its more of a easy signal but to anticipate if there is another pivot forming or a reversal is somethin that we need to look into.As Prasad is already tracking the 10 to 30 min range, we can have a reference from these smaller charts BUT ONLY CAN CONFIRM THE TREND USING THE HIGHER TIME FRAMES as is done in many systems here in our TJ...So i guess the samller ones (1 min and 3 min) are more of a easy scalping things especially in this sideways market.The charts below are zoomed coz the moving avgs are so closely moving that its not clearly visible to the naked eye.

In the charts below, the RED coloured one is the 4 day SMA and the Blue one is the 5 day SMA.



 
Last edited:

pkamalesh

Well-Known Member
In the case of 3 min....there was a side ways movement until 1 pm from where we broke down...so even if the short trade was initiated in the begining, the actual indiactor worked only after 1 pm...This is what is really confusing, to wait or to book a position...we can make ways to adjust these complexities as well in some more days..as of now, these were the few observations on the NF 4 and 5 SMA's.


 
Status
Not open for further replies.

Similar threads