RAJ NIFTY Trading - Entry Exit based on Daily, Higer and Lower timeframe

[healthraj]

24-FEB-14 CLOSE

LTF
BUY - 6181(6173) SELL - 6197(6188) Pivot - 6189(6181)

HTF
BUY - 6123(6121) SELL- 6188(6184) Pivot - 6156(6152)

Daily chart
BUY - 5852 (5852) SELL - 6187(6182) Pivot - 6019(6017)d

10:30 AM - Friday Triggered a SELL in LTF and so this morning came down till LTF support and now a BUY Triggered at LTF.

12:15 PM - The Resistance (Selling point) for LTF has been moving UP steadily. So booked partial profit near 6165 and holding6184 the Rest for 6185, Where I would Start Selling.

If LTF , HTF and DLY converge at 6185 then it would be a Good and Sure point to SELL

2:20 PM. SOLD NIFTY @ 6185

3:30 PM. In LTF the signal is BUY. But since in HTF and Daily the SELL signal is generated around 6185-6190, Holding the SELL taken at 6185. FEB-14 MAX Pain is at 6100. So I am hoping that NIFTY will Test 6100 in the next two days.

 

[Option.Trader]

24-FEB-14 CLOSE

LTF
BUY - 6181(6173) SELL - 6197(6188) Pivot - 6189(6181)

HTF
BUY - 6123(6121) SELL- 6188(6184) Pivot - 6156(6152)

Daily chart
BUY - 5852 (5852) SELL - 6187(6182) Pivot - 6019(6017)d

10:30 AM - Friday Triggered a SELL in LTF and so this morning came down till LTF support and now a BUY Triggered at LTF.

12:15 PM - The Resistance (Selling point) for LTF has been moving UP steadily. So booked partial profit near 6165 and holding6184 the Rest for 6185, Where I would Start Selling.

If LTF , HTF and DLY converge at 6185 then it would be a Good and Sure point to SELL

2:20 PM. SOLD NIFTY @ 6185

3:30 PM. In LTF the signal is BUY. But since in HTF and Daily the SELL signal is generated around 6185-6190, Holding the SELL taken at 6185. FEB-14 MAX Pain is at 6100. So I am hoping that NIFTY will Test 6100 in the next two days.

This would have been an ideal time to test out the Option pain theory if your values were correct. Unfortunately, Option Pain has changed to 6150... so a 50 point swing can go either way during expiry..only thing that can change is the huge put writing (~10L) at 6200 which should be heartening to bulls. But all in all it is exactly positioned at the gap formed on 27th Jan... interesting to see if the gap holds or gets filled up.. if it holds, it will quickly retrace

 

[healthraj]

25-FEB-14 09:50 AM

LTF
BUY - 6193(6181) SELL - 6217(6197) Pivot - 6205(6189)

HTF
BUY - 6129(6123) SELL- 6205(6188) Pivot - 6167(6156)

Daily chart
BUY - 5870(5852) SELL - 6217(6187) Pivot - 6043(6019)

09:50 AM - SELL triggered @6205-6217 in all the timeframes. Added more at 6215

 

[healthraj]

24-FEB-14 CLOSE

LTF
BUY - 6181(6173) SELL - 6197(6188) Pivot - 6189(6181)

HTF
BUY - 6123(6121) SELL- 6188(6184) Pivot - 6156(6152)

Daily chart
BUY - 5852 (5852) SELL - 6187(6182) Pivot - 6019(6017)d

10:30 AM - Friday Triggered a SELL in LTF and so this morning came down till LTF support and now a BUY Triggered at LTF.

12:15 PM - The Resistance (Selling point) for LTF has been moving UP steadily. So booked partial profit near 6165 and holding6184 the Rest for 6185, Where I would Start Selling.

If LTF , HTF and DLY converge at 6185 then it would be a Good and Sure point to SELL

2:20 PM. SOLD NIFTY @ 6185

3:30 PM. In LTF the signal is BUY. But since in HTF and Daily the SELL signal is generated around 6185-6190, Holding the SELL taken at 6185. FEB-14 MAX Pain is at 6100. So I am hoping that NIFTY will Test 6100 in the next two days.

Learning : Could have waited for a SELL signal in LTF instead of taking a SELL at 6185.

 

[jetking]

thanks Raj bro,

it will be more helpful,if you can attach the charts ofyour tool for easy understanding and learning(whenever u get the time)

thanks for your wonderful work

 

[healthraj]

25-FEB-14 09:50 AM

LTF
BUY - 6193(6181) SELL - 6217(6197) Pivot - 6205(6189)

HTF
BUY - 6129(6123) SELL- 6205(6188) Pivot - 6167(6156)

Daily chart
BUY - 5870(5852) SELL - 6217(6187) Pivot - 6043(6019)

09:50 AM - SELL triggered @6205-6217 in all the timeframes. Added more at 6215

Closed 50% at 6185

 

[healthraj]

25-FEB-14 12:45 PM

LTF
BUY - 6180(6193) SELL - 6222(6217) Pivot - 6201(6205)

HTF
BUY - 6147(6129) SELL- 6217(6205) Pivot - 6182(6167)

Daily chart
BUY - 5893(5870) SELL - 6258(6217) Pivot - 6075(6043)

09:50 AM - SELL triggered @6205-6217 in all the timeframes. Added more at 6215

12:45 PM - Closed 50% at the LTF-SUPPORT / HTF-PIVOT

 

[Vikas Korde]

25-FEB-14 12:45 PM

LTF
BUY - 6180(6193) SELL - 6222(6217) Pivot - 6201(6205)

HTF
BUY - 6147(6129) SELL- 6217(6205) Pivot - 6182(6167)

Daily chart
BUY - 5893(5870) SELL - 6258(6217) Pivot - 6075(6043)

09:50 AM - SELL triggered @6205-6217 in all the timeframes. Added more at 6215

12:45 PM - Closed 50% at the LTF-SUPPORT / HTF-PIVOT

means now we have to buy nifty

 

[Option.Trader]

means now we have to buy nifty

For all those who have shorted futures- 6195, 6202, 6211 are the resistances to look out for intraday. Play as per your shorted levels to book profits

 

[Vikas Korde]

For all those who have shorted futures- 6195, 6202, 6211 are the resistances to look out for intraday. Play as per your shorted levels to book profits

but according to healthraj sir update as per lower time frame buying opportunity and the tgt is today's high then how can hold the shorts