Pivot Based Trading - 1:2 risk reward ratio (Risk less Profit more)

[doctorrahul]

Few Normal Pivots for 23/04/2009 equity section,

RELIANCE :

R3 = 1872.63

R2 = 1823.77

R1 = 1793.73

*************
p = 1744.87
*************

S1 = 1714.83

S2 = 1665.97

S3 = 1635.93

ICICIBANK :

R3 = 475.467

R2 = 453.533

R1 = 438.967

*************
p = 417.033
*************

S1 = 402.467

S2 = 380.533

S3 = 365.967

SBI :

R3 = 1376.87

R2 = 1328.88

R1 = 1297.42

*************
p = 1249.43
*************

S1 = 1217.97

S2 = 1169.98

S3 = 1138.52

DLF :

R3 = 263.333

R2 = 252.017

R1 = 245.033

*************
p = 233.717
*************

S1 = 226.733

S2 = 215.417

S3 = 208.433

HAPPY TRADING !!

 

[radha55]

Nifty Futures April Target achieved today.

Today at 10:25-10:30, the price was 3315-3325.

This is between Pivot and S1.

So as per rule we should sell below S1 and buy above Pivot.

We buyed at 3340 above Pivot.

0.75% Target = 3365.05 (achived)
1% Target = 3373.4 (achieved)
2% Target = 3406.8 (achieved)
3% Target = 3440.2 (achieved)

See the high for today its 3447.

So all targets achieved.

Those who want to know how this system works please refer to the first post of this thread.

 

[radha55]

Hi All,

I wont be able to track the NIFTY for next few weeks.

I am going out of my town.

Keep this thread alive.

Hope someone will keep posting NIFTY analysis using this method everyday in my absence.

 

[krgramesh]

Dear all

Find file for Level and Guidance for Equity & Future trade

K R Ramesh

Hi All,

I wont be able to track the NIFTY for next few weeks.

I am going out of my town.

Keep this thread alive.

Hope someone will keep posting NIFTY analysis using this method everyday in my absence.

 

[bandlab2]

Dear all

Find file for Level and Guidance for Equity & Future trade

K R Ramesh

hi ramesh, thanks for the file. but i am confused, how you can give sell, buy levels now itself ? we need to wait till 10:25 and get the price, then compare it falls between ........ then only we will know the buy/sell prices and their target, stoploss

does this work for stocks? i am seeing too many stoplosses for RIL, SBI

 

[krgramesh]

If you buy above the level and immediate stop loss is given viz., for sell below the immediate stop loss , it is working good ; follow the levels without confusion

Happy Trade

K R Ramesh

hi ramesh, thanks for the file. but i am confused, how you can give sell, buy levels now itself ? we need to wait till 10:25 and get the price, then compare it falls between ........ then only we will know the buy/sell prices and their target, stoploss

does this work for stocks? i am seeing too many stoplosses for RIL, SBI

 

[jhaveri_n]

Hi Ramesh,

I think what bala is trying to say is that, the number to be taken into consideration is between 10.25 to 10.30 (which i guess has been denoted in your sheet as "Trend").

So the question is how do get these numbers at 10.28 (the time you posted) when we are supposed to wait till 10.30.

Hope to hear from you soon

 

[krgramesh]

Dear All
The report is complied on EOD (End of the day) ie., 23rd night 10.38 pm and the rest rules are all remains same for to trade, I hope it is clarified now.

K R Ramesh

Hi Ramesh,

I think what bala is trying to say is that, the number to be taken into consideration is between 10.25 to 10.30 (which i guess has been denoted in your sheet as "Trend").

So the question is how do get these numbers at 10.28 (the time you posted) when we are supposed to wait till 10.30.

Hope to hear from you soon

 

[krgramesh]

Dear all

Find file for Level and Guidance for Equity & Future trade FOR APR27

K R Ramesh

 

[bandlab2]

Dear all

Find file for Level and Guidance for Equity & Future trade FOR APR27

K R Ramesh

ramesh, pl explain the intent of giving this file now rather than at 10:30. also pl explain the columns, othewise no one can use the file

i would apprciate you give this file at 10:30 or as early as you can after 10:30 with LTP at 10:30 and clear BUY, SELL levels.

appreciate your help in advance

also can someone o back testing of NIFTY for last 3 months?