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Fibo 15 Support Resistance Intraday |
twist
Joined: 12 Feb 2010
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Post: #196  Posted: Wed May 08, 2013 2:35 pm Post subject: |
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| basically it is s3 s4 / r3 r4
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
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| Post: #197 Posted: Wed May 08, 2013 2:39 pm Post subject: nifty |
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| upper 161 almost done
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #198 Posted: Wed May 08, 2013 10:11 pm Post subject: |
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MIDPOINT
Midpoint of Upper n Lower 161 works as pivot, can be used for deciding intraday trend
GENERATING LEVELS FOR ONEWAY/TREND MKT
When mkt is going one way we need more levels to move sl/tsl or for booking profits for that we can take 161/261 as high low to generate further levels its 161/261 of 161/261. Basically it is s3 s4 / r3 r4
all those who are using these levels can backtest this on their chart
Levels For Swing Trading
For Swing Trading take weekly high low to generate 161 levels & get a Midpoint of Upper N Lower 161 levels, Upper level acts as Resistance, Midpoint acts as Pivot, Lower level acts as Support.
Weekly levels can be used with your swing trading system for profit booking or to know Direction/Trend. Similarly Daily Levels are also useful for Intraday/BTST trades
Regards.
Twist
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #199 Posted: Wed May 08, 2013 10:14 pm Post subject: |
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Frnds i have updated all the important information on page 1 of this thread 
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svkum
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Joined: 14 Feb 2007
Posts: 321
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| Post: #200 Posted: Wed May 08, 2013 10:39 pm Post subject: |
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TWIST-
Modified excel sheet to incorporate MIDPOINT
PL CHECK , AND SUITABLY PLACE THIS ON 1ST PAGE .
| Description: |
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Download |
| Filename: |
gann_intraday_calculator_694_201_612_269 (1).xlsx |
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15.27 KB |
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340 Time(s) |
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #201 Posted: Wed May 08, 2013 10:40 pm Post subject: |
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Weekly level Midpoint NF 30TF Chart:
Market consolidated on first day of this week at the midpoint and bounced from there approaching Weekly Upper 161 which is at 6125
Weekly Upper 161: 6125
Weekly Midpoint : 5947
Weekly Lower 161: 5770
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13.59 KB |
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341 Time(s) |
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #202 Posted: Wed May 08, 2013 10:48 pm Post subject: |
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| svkum wrote: | TWIST-
Modified excel sheet to incorporate MIDPOINT
PL CHECK , AND SUITABLY PLACE THIS ON 1ST PAGE . |
thanks svkum sir for modified calc i have updated it on 2nd post of 1st page
also kept the first calc on 1st post bcoz to generate further levels for intraday we dont need midpoint of 161/261
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
Posts: 518
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| Post: #203 Posted: Wed May 08, 2013 11:36 pm Post subject: nifty |
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twist/svkum-
the latest file is the one posted @ 10.59 pm?
also can we use Weekly H/L or prev. day H/L to generate next days upper/lower lvls?
any reasons for using intra first 15 min TF lvls only?
thnks
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #204 Posted: Thu May 09, 2013 12:24 am Post subject: Re: nifty |
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| RAJDESAI1967 wrote: | twist/svkum-
the latest file is the one posted @ 10.59 pm?
also can we use Weekly H/L or prev. day H/L to generate next days upper/lower lvls?
any reasons for using intra first 15 min TF lvls only?
thnks |
raj yes the lastest one is posted at 11pm, prev week/day high low be used for next week/day but for intra stick to intra levels only bcoz daily levels wont be useful for entries ect
we are using first 15min bcoz it is working but u can use other tfs after backtesting
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
Posts: 518
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| Post: #205 Posted: Thu May 09, 2013 9:32 am Post subject: NIFTY |
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TODAY h- 6090/l 6067
lower lvls- 6030-6053
upper lvls 6104-6127
MP-6078
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jasachin2005
White Belt
Joined: 22 Mar 2010
Posts: 12
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| Post: #206 Posted: Thu May 09, 2013 9:48 am Post subject: |
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Todays S/R Levels for Nifty Future
Upper 261: 6114
Upper 161: 6097
Midpoint : 6077
Lower 161: 6058
Lower 261: 6040
15min High 6086 Low 6068
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #207 Posted: Thu May 09, 2013 9:49 am Post subject: |
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| jasachin2005 wrote: | Todays S/R Levels for Nifty Future
Upper 261: 6114
Upper 161: 6097
Midpoint : 6077
Lower 161: 6058
Lower 261: 6040
15min High 6086 Low 6068 |
NF high was 6090
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jasachin2005
White Belt
Joined: 22 Mar 2010
Posts: 12
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| Post: #208 Posted: Thu May 09, 2013 9:59 am Post subject: |
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Vinay , I have taken values from chart & not from terminal. 
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
Posts: 518
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| Post: #209 Posted: Thu May 09, 2013 10:02 am Post subject: nifty |
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| lower 161 doneee 6053
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #210 Posted: Thu May 09, 2013 10:49 am Post subject: |
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| jasachin2005 wrote: | Todays S/R Levels for Nifty Future
Upper 261: 6114
Upper 161: 6097
Midpoint : 6077
Lower 161: 6058
Lower 261: 6040
15min High 6086 Low 6068 |
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