Trading Nifty by Levels

[amitsh27]

Rating agency S&P's decision to downgrade the ratings of nine eurozone countries could dampen the mood in the equity market when trading resumes on Monday. Indian benchmarks had a good run over the past couple of weeks, gaining over 4% on hopes of interest rates having peaked out, and industrial output picking up in the coming months.

 

[hawaisanjay]

Khushiji....request...delete all posts containing email id once passwords are mailed..thanks

 

[BANI KANTHA BHATTACHARYA]

Khusi mam,
Thanks a lot for sending me the password.As I am unable to download/log in, request your goodself to explain how to operate/log in. I have already sent you a message stating my problem. Another request pl.send password for option strategy. Thanks.

 

[khushi00]

All mails till now, adequately replied !!!!!!

 

[khushi00]

Khushiji....request...delete all posts containing email id once passwords are mailed..thanks

ff35 is abosulutely right
also read my past posts
I always urged NOT to write email Id's in open forum as chaces of misuse r alwayz there.

 

[nitinrode19]

Dear Madam,

i appreciate your study. if you can, pl add some technical indicators to it. which is proved 90% successful while Nifty trading.

First of all, you must have 3 Nifty charts of 5, 2, 1 Min timeframe. add Stochastic with (14, 3, 3 & MA as Exponential) & CCI with default setting.

as CCI & Stochastic indicator cross from oversold level to upside then BUY and vice-versa.

If trend is Lower low, lower Highs, trade only Sell Signals.
If trend is Higer Low, Higher Highs, trade only Buy Signals.

by adopting this strategy in Forex also, gives above 90% success ration in trades.

pl give your feedback on my observations.

I am new to this forum. pl educate me and make me familiar with forum.

Hi all
I am starting this thread to discuss a new method to trade nifty daily with gain of atleast 10 points whether market is sidewise or trending.
If market is sidewise then we Trgt n SL of 10 points but if its trending then we trgt of 20-30 points & SL of 16-20 points.
I started trading nifty around 40-45 days back but dont worry i am not a Novice, rather i paper traded for around 3 years to establish strategy that works almost all type of markets.
To start with i made some changes in pivot levels and called New levels as sentimental Levels
As these levels in day trading attract attention of maximum traders. Difference is that Fabonacci levels, pivot levels, camarilla levels are just retracement or extension levels of prev. day and Gann level is just a hypothetical level at any time during day.
Like today the sentimental level (or simply nifty level) for me is 4806-4810, 3 times nifty crossed this level today.
first time i bought @ 4810 got out @ 4800 as trend was not clear(9.25am)
then i bought arond 4798 thinking that it may retrace its level so booked around 4810
then again it touched 4803 with clear uptrend so bought @ 4808 and got out @ 4830
In the morning only sentimental trgt for me is 4840 and nifty hold its high of 4839-4841 for 2 hours
I am not boasting any get rich strategy or Holy Grail, please mind it NO strategy is 100% accurate else i must have ruled the market with trading 1000 lots daily
But what happens is,in good days i earn 20-30 points, in bad days i earn no profit no loss and in very bad days i had loss of 15 points so in past 40 days i earned 12800 on 1 lot nifty after deducting brokerage at rs.10 per lot n govt. taxes
So first watch my trades for 2 weeks then i will explain how to calculate sentimental levels and then simply how to check market trend.
Strategy is simple whenever market crosses sentimental level then check trend if up then buy if down then sell.
Suggestions n corrections are most Welcomed as 100 brains are more better than single brain.
You can check my past posts on same strategy in other thread.
In last i dont trade daily as i have 1 small baby who is more important to me then trading so some days may go off without posting but dont worry it took me 3 years to reach here but it will take only a month for you all to understand after that i will close this thread and you can trade at your own.
Regards

 

[Aditya.ambasta]

Thanks khushi ji to prompt Reply
some more doubt-
1st-On page 13 you r talking about crack the Ambibroker coz u dont want to pay 40000 in order to earn 10000 monthly. same here i dont like but kushi ji as far as i read in your thread till 18th page you talking about AFL. tn you using ambi? i dont hv ambi so i m confuse
2n-I am new here on your level trading, i want if you have more time for me, tn may i know what strategy you use b4 market open like as------------
*what type of chat TF you use?
*is there any calculater use by you?
*where you get live open intrest(OI) for nifty?
*you always talk about sheet, file,what type of file you talking about? i am unable to use 4share sheet aboutall installed.
Kushi ji can i TRADE with stock ICICIbank in place of nifty coz i am going to start from tomorrow. can it possible track nifty chart and take postion on ICICI BANK stock. is there any problem coz i earn on paper with nifty future but not icicibank so if any problem
Make me confirm KhUSHI JI

 

[meena07]

*you always talk about sheet, file,what type of file you talking about? i am unable to use 4share sheet aboutall installed.
Kushi ji can i TRADE with stock ICICIbank in place of nifty coz i am going to start from tomorrow. can it possible track nifty chart and take postion on ICICI BANK stock. is there any problem coz i earn on paper with nifty future but not icicibank so if any problem
Make me confirm KUSHI JI

For files visit page 397 post number 3969.
There u will get links for files and further procedure.

Aurr bhaisaab, sabarr ka phal meetha hota hain.
From tomorrow u are going to trade ( aur paper trade ) ICICI....Why? aapko abhi system pata nahin. Toh why u are doing paper trades also in ICICI ? Paper trade mein aapka loss nahin hoga.Lekin agarr aapko poori system aur rules pataa nahin, Agarr aap phirbhi paper trade karonge toh, mumkin hain ki aapko loss ( on paper ho) as u are not fully aware of guidelines.Aur ho sakta hain, aap system se bharosa kho baitho.
So better understand it thoroughly.
I am saying so muuch. But believe me, like u i am also a learner and will not undertake real till i don't understand it fully.

 

[Aditya.ambasta]

thanx meena
but meena i did trade on paper nifty future and got daily 10-35 point daily.
MY first postion in morning and second after 1:30 pm
IN MORNING-i always take position with volatility and EMA 3,13,15 RSI-50 Chart TF -1min
Noon trade- tade with EMA 5,15 RSI 50 and watch europe market. 5min TF.
i am happy on paper.
Meena I want to know only Nifty future n ICICI BANK same movment?
can i take postion in ICICIbank if Nifty suggest me to take position.
Meena ji I am ready for nifty future coz did too much on paper.aur Meena ji kaha jata hai na ki Ache Samy ko kvi barbad nhi krna chahye like to start in stock who is tooo much simmiler to NIFTY futre.
meena ji plz mk me confirm.

 

[khushi00]

thanx meena
but meena i did trade on paper nifty future and got daily 10-35 point daily.
MY first postion in morning and second after 1:30 pm
IN MORNING-i always take position with volatility and EMA 3,13,15 RSI-50 Chart TF -1min
Noon trade- tade with EMA 5,15 RSI 50 and watch europe market. 5min TF.
i am happy on paper.
Meena I want to know only Nifty future n ICICI BANK same movment?
can i take postion in ICICIbank if Nifty suggest me to take position.
meena ji plz mk me confirm.

Your strategy is most welcomed here :thumb::thumb::thumb:
ans:
how u can take position somewhere by considering something else
for me dealing icici by seeing nifty is suicidal
u can ask haushang as he's our icici expert