Trading Nifty by Levels

[khushi00]

i want to share all trends as some times i take help from volatility of nifty to calculate my levels
they r just like gann levels but based on volatility so they vary scrip to scrip n day to day.
so give somehow clear picture.
now so far i am using prev day's data to calculate volality but before sharing wid others i am upgrading it to use past some days data to more clear picture.
as somebody in past posts said that his level is near 5058 but mine is 5053 so this diff of 5 points is based on many factors
like first check my time tht wn i calculated tht level n at wht time u r calculating.....
plus many times i merge many fundas together when market is very range bound
as yesterday many targets met n many SL hit
but we wanna cash trgts but not SL so use more n more deciders

 

[Aarav11]

surely i will tell
actually i do all calculations orally
but for all fellow traders i have to feed calculations into excel n that too must auto update else u keep just feeding sheet n cant trade.

One thing which is still not clear to me is at which time high and low price should be considered.

As when market opens the volumes are already very high, so should we wait for some min or how should we decide that now its time to put either the high or low price.

Hope i am not bugging you to much.

Already sent you the mail but for newcomers sake posting it here.

 

[murthyavr]

actually i do all calculations orally

Few questions here..

1. How do you define the trend to be UP or DOWN? Is it with reference to any
moving average - say MA-21 or MA-34?

2. And you consider NIFTY Spot prices or NIFTY Fut-1 prices for the calculations?

Thanks..

 

[ValueZone]

I have microsoft 2007 so plz check compatibiity in future

From MS office 2007 or higher, u can save the files in prior versions like 2003 etc. Check "save as" menu.

Regards

 

[khushi00]

One thing which is still not clear to me is at which time high and low price should be considered.

As when market opens the volumes are already very high, so should we wait for some min or how should we decide that now its time to put either the high or low price.

Hope i am not bugging you to much.

Already sent you the mail but for newcomers sake posting it here.

I start trading at 9.18am as starting 3 mins are not good for trade
See my past trades
Check trend n enter trade wirh tight SL
If trend is strong go for 20-30points if weak 5-10points

 

[khushi00]

Few questions here..

1. How do you define the trend to be UP or DOWN? Is it with reference to any
moving average - say MA-21 or MA-34?

2. And you consider NIFTY Spot prices or NIFTY Fut-1 prices for the calculations?

Thanks..

i never use ma or ema
But use macd or rsi, although they all lag
Support or resistances uses spot price
Volumes of futures
Option pricing n open interest is always of futures

 

[khushi00]

From MS office 2007 or higher, u can save the files in prior versions like 2003 etc. Check "save as" menu.

Regards

Data download in 2003 is problematic

 

[khushi00]

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if somebody is facing prob in calculations then i can simply integrate this formulae into excel sheet and it will automatically update
If anybody wants then simply click thanks to this post.
i will upload it in 2 days......
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NO MORE REQUESTS PLZZZZ......

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Plz try to understand:
1. Dont put requests here n there
2. I cant upload files openly on forum (some family issues)
3. Mention ur traderji id in subject line of email
4. If anytime u think that i am asking for thanks forcefully then remove it any time after u get file but plz hold it till i deliver file
5. I am NOT conservative in sharing so just follow the procedure to save my time.
6. DONT expect any response if u didn't hit thanks(again repeating that u r free to remove it afterwards)
7. If ur PM is not activated then also drop a mail to me.

 

[khushi00]

Now started working on volatility based levels
U can also backtest it as so far it gave me 90% success ratio(winning ratio)
Although targets vary from 8 points to 73 points depending on market situations

 

[khushi00]

some of our fellow traders also developed excel sheet at their own so my friends use any file which appeals u most......
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for 7 dec i will have backup trading in form of
pantaloonR
Suntv
jublfood
crompton greaves
Axis bank