Nifty MAGIC Levels For Today

[scplindia]

once again sl triggered. no place to hide.

 

[shoby]

once again sl triggered. no place to hide.

Sir,why second trade of long at Magic gave loss? from 5193 it hit high of 5218,I was foolish in not selling there at doubletop.

 

[scplindia]

shifted my SL to 5199 for higher gains, as it was coming down to 5201 and going up to 5212 many times for atleast 2 hours, without any direction, until the nifty brokedown wards. it made 2 attempts to go up, but just one attempt to come down and then halted briefly at 5190 before taking a deep dive. I did not expect it to go below the low of today morning session 5178, as global cues were not bad, and was surprised, else I would have shorted for better returns.

 

[shoby]

NIFTY MAGIC LEVEL 14.5.10


MAGIC POINTS ARE 5152 and ...

Resistance & Support POINTS ARE 5204... AND 5122..

For 14th we have 5152 as Magic Number and its buy above and sell below it . The support and resistance are 5122 and 5204.Also we derive levels to filter whipsaws from these numbers as given below.



LVL 1)BUY NIFTY FUTURES ABOVE 5215.... S/L below 5195.. SELL BELOW 5193... S/L ABOVE 5213



LVL 2) Buy NIFTY FUTURES ABOVE 5163 .S/L below 5143.... Sell below 5141... S/L above 5161......



LVL 3) BUY above 5133--S/L below .5113 ... SELL below 5111.. S/L above 5131 ...




14th MAY Pivots

5060<-->5091<-->5122<- 5152->5183<---->5204<---5235

 

[shoby]

Good Morning Guys...hows trades? I took a risk....long at 5170 sl 65 and booked at 5195...not by levels but bought at previous low with just 5 point sl...just trigger happy u can say but this time hit bullseye...

 

[myno4444]

Sirjee..aapke levels hamko baut help kar ra hein..tnx a lot for the info.

 

[scplindia]

today market fell by your levels till the very end to 5060

 

[shoby]

today market fell by your levels till the very end to 5060

:lol: Thats why they say.....every dog has its day.....heheheeeee

 

[praveen taneja]

:lol: Thats why they say.....every dog has its day.....heheheeeee

Only Doggggggggggggggggg:rofl:

 

[shoby]

NIFTY MAGIC LEVEL 17.5.10

MAGIC POINTS ARE 5099 and ...
Resistance & Support POINTS ARE 5156.. AND 5012 ..



For 17th we have 5099 as Magic Number and so its buy above and sell below Magic and its 5156 & 5012 the upper and lower targets for the day.

LVL 1)BUY NIFTY FUTURES ABOVE 5167.... S/L below 5147.. SELL BELOW 5145... S/L ABOVE 5165.



LVL 2) Buy NIFTY FUTURES ABOVE 5023 .S/L below 5003.... Sell below 5001... S/L above 5021......



LVL 3) BUY above 5110--S/L below .5090 ... SELL below 5088.. S/L above 5108 ...

17th MAY Pivots

4981<-->5012<-->5037<- 5099->5156<---->5187<---5216