Trading Nifty by Levels

[manish9300]

buddy i have a question why u take 22 nd and 23rd dec. and why not 26th and 27th dec.

hi there,

i am trying to guess the logic why khushi mam gave these levels.she gave the hint to look into intraday charts.i dont have charts so i looked at the data of nifty dec future for past few days

Date Open High Low Close
20-Dec-11 4630 4640 4538 4554
21-Dec-11 4654 4725 4613 4711
22-Dec-11 4673 4758 4640 4748
23-Dec-11 4764 4777 4696 4720
26-Dec-11 4728 4803 4720 4787
27-Dec-11 4764 4808 4725 4750

just have a look at high low values. low of 27th was mentioned by khushiji as important level.high low of 26th dec are too close to 27th dec to have any meaning .above that we have 23rd dec and the high low are close to khushiji's levels ....4780 and 4690. she also mentioned further support at 4635 and see how it almost match to low of 4640 made on 22dec.all i did was add 5 point to resistance levels and subtract 5 point from support level as safety margin and rounded them off to nearest zero or five ending number.
but logic breakdown when it comes to 4750.its not a high low price.

maybe answer is there in intraday charts as she said.

 

[vikrit]

:lol::lol::lol::lol::lol:
but whn tradin mor thn 2 lots thn zero is cheapr :clap::clap:
so ask zero to opn branch @ delhi

zerodha will not open branch in delhi or anywhere soon. b/c it will increase their overheads and also they dont need to as their biz model DONT have relationship executive/tips giving/target based culture. it is online based. you can open account from anywhere. offline trading is chargeable (call-n-trade).

khushi if you can consider then open acc at zerodha, it will be very beneficial for your trading style.

for ex - you purchased 100 lots of both pe and ce simultaneously then-

borkerage -
at 10rs/lot-for per side = 2000 (pe buy n sell) + 2000 (ce buy n sell)

at 10rs/lot-for both side = 1000 (pe buy n sell) + 1000 (ce buy n sell)

at 20rs/trade (zerodha) = 40 (pe buy n sell) + 40 (ce buy n sell)

note-zerodha charges turnover charges (small fees by nse), some brokers dont as their brokerage can consume it.



.

 

[vikrit]

Oh this looks real yummy.... regret while in India i didn't get it...let me see wheter i can get it now...

you can get it, depends under which rules. as there are diff rules for NRI and indians in overseas but not NRI. it is possible in many ways. and also any broker house CAN open account for any indian residing in india or abroad.



.

 

[khushi00]

Download pivot calculator from here

http://www.mediafire.com/?82qa7fa6w12mc6f

 

[khushi00]

Running graphs of jetair, yesbank, coalindia
n any petroleum stock bpcl or hpcl

 

[rahul321]

good morning all

 

[khushi00]

Today's support @ yesterday’s low 4683 level once broken wid volume then 4655 to 4660 next support but if stay below this level thn 4630 last hope therafter 4570

Today resistance @ 4755 if stay above this wid vols, thn 4780 & 4810 higher levels

 

[khushi00]

good morning all

GM 2 u................

 

[rahul321]

Running graphs of jetair, yesbank, coalindia
n any petroleum stock bpcl or hpcl

pls pls tell how selected these stocks specifically.

 

[murthyavr]

Stock Watch - 29.12.2011


APOLLOHOSP
BANKINDIA
EDUCOMP
GUJFLUORO
HANUNG
ORCHIDCHEM