Nifty MAGIC Levels For Today

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balab

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#71
#71
How do these magic levels come about??

shoby said:
NIFTY MAGIC LEVEL 1.4.10

MAGIC POINTS ARE 5287 and ..............
Resistance & Support POINTS ARE .5302..... AND 5236.......

Its buy above 5287 and sell below 5287 with targets of 5302---- and 5236 but for that nifty has to come to 5308 so we have the levels to trade otherwise....

LVL 1)BUY NIFTY FUTURES ABOVE 5298 S/L below 5278.. SELL BELOW 5276... S/L ABOVE 5296...

LVL 2) Buy NIFTY FUTURES ABOVE.5247 S/L below 5227
Sell below 5225... S/L above 5245.....

LVL 3) BUY above ..;--S/L below .........
SELL below . S/L above ---

1st APRIL Pivots
5209<--->5240 <--->5287 <--->5302 <--->5333<--->5364
Click to expand...
 
shoby

shoby

Well-Known Member
#73
#73
scplindia said:
stuck at you magic number of 5287 for the last one hour.
what next
Click to expand...
Today its Fevicol Point rather than Magic point :mad:....I am short at 5286 with 5298 as stoploss for last 2.5 hrs.:confused:
Now modified stoploss to 5288....Stop is hit and had enough trading with Magic sorry Fevicol point for today....Next will trade by level 1 only...buy above 5298 and sell below 5276.....By the way see the low for the last 3 hrs...5276.05:thumb:
Now long at 5299 with 5276 stoploss...Looks like this is an APRILFOOLS trade heheheeee.....WOW!!!!this trade developing gooooood.....
 
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shoby

shoby

Well-Known Member
#77
#77
NIFTY MAGIC LEVEL 5.4.10
MAGIC POINTS ARE 5285 and ..............
Resistance & Support POINTS ARE .5329..... AND 5252.......

Its buy above 5285 and sell below 5285 with targets of 5329---- and 5252 but for that nifty has to come to 5285... so we have the levels below to trade otherwise....

LVL 1)BUY NIFTY FUTURES ABOVE 5296 S/L below 5276..
SELL BELOW 5274... S/L ABOVE 5294...

LVL 2) Buy NIFTY FUTURES ABOVE.5340 S/L below 5320
Sell below 5318... S/L above 5338.....
LVL 3) BUY above 5263..;--S/L below 5243.........
SELL below 5241. S/L above 5261---

5th APRIL Pivots
5221<--->5252 <--->5285 <--->5314 <--->5329<--->5360

More details of the MAGIC levels @ http://shobythottan.blogspot.com/
 
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