Nifty Intraday Pivot Points

[columbus]

Re: BankNifty Intraday Pivot Points for 5th Mar 2009

'JAI BABA'​

BankNifty Intraday Pivot Points for 5th Mar. 2009

[SIZE="3"][B]BNF CLOSE	3571.65	

PIVOT		3615.00

R1	3645.00	S1	3595.00
R2	3673.00	S2	3572.00
R3	3698.00	S3	3545.00
R4	3715.00	S4	3515.00
R5	3748.00	S5	3494.00
R6	3772.00	S6	3472.00[/B][/SIZE]

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

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

Since Being Away For A Week I Was Unable To Post The Fresh Short Term SELL Trigger,
This Space Will Be Updated Now When I Get A Fresh Trigger.

On A Longer Time Frame It Is Still On SELLHOLD Which Had Triggered On 16/02/2009
@ 4336.90 S/L Is 3768.00


Happy & Safe Trading

SavantGarde

Bank Nifty has been in doldrums for last 12 days (inbetween barring for 2
minor gains).

 

[SavantGarde]

Re: BankNifty Intraday Pivot Points for 5th Mar 2009

True My Friend Columbus, Longer TF SELL Trigger Was @ 4336.90 So If It Triggers S/L Tomorrow @ 3768.00 That Is Close To 140+% Profit Of The Invested Capital, Considering It Had Triggered On The 16th for The Following Trade Day It Is Not Bad For 2 Week Holding....Right

Moreover Cant Give BUY Yet Just Because RBI Announced Some Rate Cuts, Let's See What The Charts Have To Say Tomorrow At EOD.

Happy & Safe Trading

SavantGarde

Bank Nifty has been in doldrums for last 12 days (inbetween barring for 2
minor gains).

 

[SavantGarde]

Re: BankNifty Intraday Pivot Points

Hi Columbus,

Here Is The Chart For BNF

SavantGarde

 

[SavantGarde]

For Intraday NF Traders Can Go Long Between 2588-2592 S/L 2572-2576

Happy & Safe Trading

SavantGarde

 

[prasadam]

savant ji,

I request you to open a new thread for this moving average system, so that we can have a discussion on NF, BNF and Gold etc., as I am seeing interest among other members also.

thank u sir
i just plotted them on intra charts u have to react very fast on these mov av not possible to work on intra time frame-----5/10 min

rotoline

 

[prasadam]

savant ji,

today's 15 min.chart at 11-40AM

 

[SavantGarde]

Hi Prasad,

Very Good Idea, Infact I Was Also Contemplating The Same But Thought Of Doing It Once Workings Was In Place.

I Think, Will Start A New Thread Today Itself In The Evening.

You Guys Decide On What Would Be A Suitable Title For The Thread.
Will Go By Whatever You Guys Decide, Only Thing To Keep In Mind Is My Name Will Not Be Part Of The Title.

Thanks A Ton

Warm Regards As Always

SavantGarde

savant ji,

I request you to open a new thread for this moving average system, so that we can have a discussion on NF, BNF and Gold etc., as I am seeing interest among other members also.

 

[Ajax]

Hi Prasad,

Very Good Idea, Infact I Was Also Contemplating The Same But Thought Of Doing It Once Workings Was In Place.

I Think, Will Start A New Thread Today Itself In The Evening.

You Guys Decide On What Would Be A Suitable Title For The Thread.
Will Go By Whatever You Guys Decide, Only Thing To Keep In Mind Is My Name Will Not Be Part Of The Title.

Thanks A Ton

Warm Regards As Always

SavantGarde

Khach Patch Intra day Punting

Like it
Azax

 

[Ajax]

Khach Patch Intra day Punting

Like it
Azax

My apologies, if any one is hurt.

I think we need to smoothen the indicators.
In trend the results will be good.
But in trading range there will be lot & lots of "khach patch" aka
whipsaws which will wipe out trending gains as is with most indicators

Regards Ajax

 

[SavantGarde]

Hi Ajax,

Please Dont' Worry, Nobody Is Hurt, We All Must Have Some Sense Of Humour
To Go Through The Daily Grind Of The Market Or We Will Land Ourselves In An Asylum.

Now, Coming To Your Other Points, Hope To Prove Them Wrong, Cause The Same Parameters Has Kept Me In Good Stead On EOD. Yes, Some Tweaking Will Be Required For Intraday, But Risk Reward Ratio For Intraday Is A Very High Percentage In Favour Of Reward, That Is Why I Thought Of Working This For Intraday NF & BNF Traders.

Anyways, Discussion On This Is Going To Carry On, Hopefully Will Have A New Thread In The Evening To Get Started & Put The Rudimetary Workings There.

Warm Regards As Always

SavantGarde

My apologies, if any one is hurt.

I think we need to smoothen the indicators.
In trend the results will be good.
But in trading range there will be lot & lots of "khach patch" aka
whipsaws which will wipe out trending gains as is with most indicators

Regards Ajax