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

[healthraj]

28-FEB-14 9:25 AM

LTF
BUY - 6231(6234) Pivot - 6244(6239) SELL - 6256(6243)

HTF
BUY - 6216(6213) Pivot - 6238(6234) SELL- 6259(6255)

Daily chart
BUY - 5946(5915) Pivot - 6154(6114) SELL - 6362(6312)

9:25 AM SELL Triggered in LTF and HTF @ 6256-6259 with STOPLOSS 6298

 

[healthraj]

28-FEB-14 11:30 AM

I will post the levels a Bit differently based on Calls. I use 20% as Stoploss.

I will use the Pivot as the First Target and Support/Resistance as the Second Target. So accordingly

LTF
SELL @ 6273.85, 6265 with Stoploss 6298. Target 6264, 6251 - Both Targets met. Buy may be triggered soon.


HTF
SELL @ 6273.85 with Stoploss 6298. Target 6251, 6231 - First Target met. Trend Is positive. So Second target might not be met.

Daily chart
Buy @ 5972 with Stoploss 5930. Target 6154, 6362- So it means there is some more left to Take a REAL SELL.


9:25 AM SELL Triggered in LTF and HTF @ 6256-6259 with STOPLOSS 6298

11:30 AM Since the Trend is positive will Look to Buy around 6250. But will wait for the BUY signal in LTF

 

[healthraj]

Stocks to Watch for using the Same strategy I use for NIFTY

SELLing Opportunity in BHEL, BPCL, DRREDDY, GRASIM, ITC & WIPRO
BUYing Opportunity in NMDC, NTPC

Signals from Daily Trendline Charts & Hourly charts.

Please apply your own system before taking positions.

If I have to pick one for SELL and one for BUY then it would be BPCL and NTPC based on the High VOLT and High profit potential (Of course High risk is also involved due to High VOLT)

The Actual Buy and SELL Levels based on Daily Charts is follows
BPCL - SELL @ 385, [email protected] Target1@ 367, Target2@ 353.6
(Made low 373 and triggered Buy in Lower timeframes)

NTPC - BUY @ 112.85, Stoploss@111 Target1@ 114, Target2@ 124
(Made high of 116 this morning and triggered a SELL in Lower timeframes)

I am not suggesting any Calls. I am recording it for my own tracking.

 

[premkumartalreja]

The Actual Buy and SELL Levels based on Daily Charts is follows
BPCL - SELL @ 385, [email protected] Target1@ 367, Target2@ 353.6
(Made low 373 and triggered Buy in Lower timeframes)

NTPC - BUY @ 112.85, Stoploss@111 Target1@ 114, Target2@ 124
(Made high of 116 this morning and triggered a SELL in Lower timeframes)

I am not suggesting any Calls. I am recording it for my own tracking.

To be on safer side I sold a 110 put march at 2.20.

 

[healthraj]

28-FEB-14 11:30 AM

I will post the levels a Bit differently based on Calls. I use 20% as Stoploss.

I will use the Pivot as the First Target and Support/Resistance as the Second Target. So accordingly

LTF
SELL @ 6273.85, 6265 with Stoploss 6298. Target 6264, 6251 - Both Targets met. Buy may be triggered soon.

HTF
SELL @ 6273.85 with Stoploss 6298. Target 6251, 6231 - First Target met. Trend Is positive. So Second target might not be met.

Daily chart
Buy @ 5972 with Stoploss 5930. Target 6154, 6362- So it means there is some more left to Take a REAL SELL.


9:25 AM SELL Triggered in LTF and HTF @ 6256-6259 with STOPLOSS 6298

11:30 AM Since the Trend is positive will Look to Buy around 6250. But will wait for the BUY signal in LTF

12:30 PM - BUY Call Triggered in LTF. BUY @ 6247, Targets 6255, 6263, Stoploss = 6230.

 

[Option.Trader]

12:30 PM - BUY Call Triggered in LTF. BUY @ 6247, Targets 6255, 6263, Stoploss = 6230.

Looks to be true, short term bottom at 6248,also the gap which started the downside seems filled with today's trade

 

[healthraj]

12:30 PM - BUY Call Triggered in LTF. BUY @ 6247, Targets 6255, 6263, Stoploss = 6230.

3:20 PM: LTF SELL CALL Triggered. SELL @ 6281, Stoploss@6298, Targets 6270, 6260.

Closed Longs. No SELL Taken for the Week ends.

 

[Option.Trader]

Looks to be true, short term bottom at 6248,also the gap which started the downside seems filled with today's trade

One of those rare days when a perfect trade occurs. Sold nf @6282 in morning and kept a double cover order(buy) @6270. Kept the stop loss for this @6260( saved by 5 ps) and booked profit at 6290. Learnt one thing support from lower emas and exit at higher time frame

 

[healthraj]

STOCKs for 03-Mar-2014

DRREDDY - SELL @ 2906-2936, SL@2915, Targets 2745, 2615
HINDALCO - SELL @ 106-106.5, SL@104, Targets 96.6, 90.9
NMDC- BUY @ 126.5-126.7, SL@125, Targets 134.2, 141.3

 

[healthraj]

One of those rare days when a perfect trade occurs. Sold nf @6282 in morning and kept a double cover order(buy) @6270. Kept the stop loss for this @6260( saved by 5 ps) and booked profit at 6290. Learnt one thing support from lower emas and exit at higher time frame

OT, What is the meaning of "double cover order"? Do you mean you will reverse your positions with double the quantity? Or is there an order like these?