Nifty Key levels for day traders

[linkon7]

lot of people placed entry trigger at 4904... assuming BO, just hit SL and came down, 95-93 will be their SL... and 88 another trigger for BD....

It'll be funny if that that gets hit and then we come back to 4895...

Both sides cursing the market....

Best is to wait for one side to throw the towel...

Now both sides are really cursing the market...

 

[sachinsamani]

If you can PM me strategy, i can also add some value. I have metastock ver11 software.

 

[findvikas]

watch out it can go all the way to 4938... crush the shorts there and come back

 

[varun2504]

any suggestions i can not find any clear idea based on yahoo charts

can any one say according to ur charts
whats going

seems to be risky to enter in to market

what ur opinion

 

[findvikas]

best strategy for now is to stay on sidelines... market may not make major move today because of important news in US tonight... so wait for tomorrow if you are not sure what to trade

 

[Pralhad]

Ghost Pattern Forming on 5 Min Nifty Future Chart.

 

[varun2504]

How can i get a charting software that produces buy and sell calls plz
where can i get that


I am having ami broker 5.10 and i have installed that how could i get nifty and stocks in that software showing buy and sell signals realtime

 

[linkon7]

Ghost Pattern Forming on 5 Min Nifty Future Chart.

good one...


failed ghost..hurts...!

when range is narrow, secret is to shift to 2 min... and exit as soon as TLB on 2 min... dont wait for 5 min tlb... will get u killed...

I shorted at 4805...exited at 4899....

 

[jassinko]

Hi linkon/Vikas

Can u pls suggest behaviour of Unitech....... i am long for feb series?
Should i hold or exit in loss

 

[Pralhad]

good one...


failed ghost..hurts...!

when range is narrow, secret is to shift to 2 min... and exit as soon as TLB on 2 min... dont wait for 5 min tlb... will get u killed...

I shorted at 4805...exited at 4899....

Point Noted! Thank you very much for this tip. :thanx:

Right now I am trying to identify Pattern and reading more n more material on WCCI.

Thanks again.

Regards,

-Pralhad