Nifty MAGIC Levels For Today

Status
Not open for further replies.
shoby

shoby

Well-Known Member
#252
#252
See the high and low at this time ...5071 and 5015 against our Magic points 5070 and 5012....now which ever side is broken, there can be bigger moves....now nifty at 5038
 
shoby

shoby

Well-Known Member
#254
#254
Today Nifty came into range of just two levels..1) sell below 5059 by LVL2 and 2)buy above 5023 by LVL 1 and both trades gave good profits....
The levels work best when nifty comes near the Magic and then retreates,Today first it came to Magic 5070 just crossed it and then came back to sell in LVL2.Then it came near 5012 Magic and then back into the buy above 5023 in LVL1.
 
Last edited:
shoby

shoby

Well-Known Member
#255
#255
NIFTY MAGIC LEVEL 1.6.10

MAGIC POINTS ARE 5084 and 5028

Resistance and supports are 5117.. and 4972




LVL 1)BUY NIFTY FUTURES ABOVE 5095.... S/L below 5075.. SELL BELOW 5073... S/L ABOVE 5093.



LVL 2) Buy NIFTY FUTURES ABOVE 5039 .S/L below . 5019... Sell below 5017... S/L above 5037......




LVL 3) BUY above 4983--S/L below 4963... SELL below 4961 .. S/L above 4981...

1st JUNE Pivots

4910<-->4941<-->4972<-- 5028---5084-->5117<--->5148
 
Y

yashodhan

Active Member
#256
#256
shoby said:
Today Nifty came into range of just two levels..1) sell below 5059 by LVL2 and 2)buy above 5023 by LVL 1 and both trades gave good profits....
The levels work best when nifty comes near the Magic and then retreates,Today first it came to Magic 5070 just crossed it and then came back to sell in LVL2.Then it came near 5012 Magic and then back into the buy above 5023 in LVL1.
Click to expand...
Dear Shoby,

I was following this thread for some time now. Today, I did trade as perr your levels and made profits on both legs.

Many many thanks!
 
shoby

shoby

Well-Known Member
#257
#257
yashodhan said:
Dear Shoby,

I was following this thread for some time now. Today, I did trade as perr your levels and made profits on both legs.

Many many thanks!
Click to expand...
Dear Yashodhan,Very good sir,but never forget making money in market is never easy.....so be always carefull... one wrong move and it will take away all our happiness and profits...cheers and best wishes....shoby
 
shoby

shoby

Well-Known Member
#260
#260
NIFTY MAGIC LEVEL 2.6.10

MAGIC POINTS ARE 5002 and 4952

Resistance and supports are 5062.. and 4886


LVL 1)BUY NIFTY FUTURES ABOVE 5013.... S/L below 4993.. SELL BELOW 4991... S/L ABOVE 5011.


LVL 2) Buy NIFTY FUTURES ABOVE 4963 .S/L below . 4943... Sell below 4941... S/L above 4961......



LVL 3) BUY above 4897--S/L below 4877... SELL below 4875 .. S/L above 4895...

2nd JUNE Pivots

4825<-->4886<-->4952-- 5002-->5062<--->5091
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
M Nifty option strategy chart in Dhan Optiontrader Brokers & Trading Platforms 3
S EOD data for Nifty 50 with volume Introductions 0
N NiftyDataMagic Introductions 1
B Nifty-magic Technical Analysis 2
shoby Nifty Magic Levels for March 8th Futures 16

Similar threads