Trading Nifty by Levels

[manish9300]

i going to my bank to withdraw all savings , fdr,rds etc etc...before it comes on your radar

 

[aggy]

bought at 19.35 sold at 42.35 @220 lots

 

[eXimius]

Since morning i told na that longs must be precautious
made bumper profit by sellin at senti level of 4872 around n coverin at 4825 wid SL at 4885

after a long time heard about senti level again...

 

[BrokerJi]

bought at 19.35 sold at 42.35 @220 lots

Am not sure what instrument you are referring here, but looking at the volume numbers you usually post, I have a simple question:
Do you work in Treasury of some Bank?

 

[aggy]

Am not sure what instrument you are referring here, but looking at the volume numbers you usually post, I have a simple question:
Do you work in Treasury of some Bank?

na i'm just a trader using my father-in-law expertise as he's a broker in jaipur exchange. And i mostly trade in Currency margins are much higher in currency ...

 

[meena07]

I repeat
In backtest
for success i considered only first trade(second only if SL hits of 4 points in 1st trade)
n thats comes out to be 96.23% success rate till yesterday
now if 1st trade hits trgt then i never used volatilty for 2nd trade as new sentiments in market starts building up n image of yesterde vanishes

rest i leave on u
being a lady
i always searched a method that works best for first hour n developed d same
u can modify it as per ur style

As i am also a newbie, lets start from volatility .
Today mid was 4848 and buy above was 4870.
Even if u have entered at 4870 ie. Buy above level, u wud hav got 15.
Got 15, so Off for the day.....

Note- These will be paper trades for a while. I feel i shud start with above highlighted method first. I will be happy to hear if i am wrong in this approach.

 

[meena07]

PFA- Attachment

 

[shivangi77]

As i am also a newbie, lets start from volatility .
Today mid was 4848 and buy above was 4870.
Even if u have entered at 4870 ie. Buy above level, u wud hav got 15.
Got 15, so Off for the day.....

Note- These will be paper trades for a while. I feel i shud start with above highlighted method first. I will be happy to hear if i am wrong in this approach.

In volatility trade Khushi always consider whatever level comes first so for records consider 4848 as buying level for today, we consider buy price trade if & only if we dont get this level, else you may face prob in real trade.
for buy at midpoint stop is of 3-5 points & for buy level stop is near midpoint.

 

[meena07]

In volatility trade Khushi always consider whatever level comes first so for records consider 4848 as buying level for today, we consider buy price trade if & only if we dont get this level, else you may face prob in real trade.
for buy at midpoint stop is of 3-5 points & for buy level stop is near midpoint.

:thumb: Thanks Shivangi

 

[dineshN]

@meena
Your chart is superb to read and understand. Shivangi madam's explanation made a step forward for me.
I think everybody would like to see this chart EOD on daily basis with a brief explanation, marked levels so as to prepare ourselves to enter in futures.