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Fibonacci on Nifty For Day trading, short-term, long-term |
asrahmathullah White Belt
Joined: 03 Jun 2008 Posts: 1
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Post: #1 Posted: Sat Nov 29, 2008 10:23 pm Post subject: Fibonacci on Nifty For Day trading, short-term, long-term |
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FIBONACCI TRADING IN NIFTY
FOR INTRADAY TRADING:
At 10:30 IF THE MARKET IS DOWN, DRAW A FIBONACCI FROM YESTERDAY'S CLOSE TO TODAY'S LOW OF THE DAY.
Eg: Yesterday's close: 2800
Today's low : 2720
CMP : 2750
Entry: You should go long at 61% and short below 38% level |
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shabari White Belt
Joined: 21 Sep 2008 Posts: 1
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Post: #2 Posted: Sun Dec 14, 2008 12:09 am Post subject: is this working,can u give the success rate of this once |
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ppgoradia White Belt
Joined: 20 Feb 2009 Posts: 3
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Post: #3 Posted: Wed Feb 25, 2009 5:34 pm Post subject: Re: Fibonacci on Nifty For Day trading, short-term, long-ter |
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asrahmathullah wrote: | FIBONACCI TRADING IN NIFTY
FOR INTRADAY TRADING:
At 10:30 IF THE MARKET IS DOWN, DRAW A FIBONACCI FROM YESTERDAY'S CLOSE TO TODAY'S LOW OF THE DAY.
Eg: Yesterday's close: 2800
Today's low : 2720
CMP : 2750
Entry: You should go long at 61% and short below 38% level |
dear sir,
as per yr strategy, then when market is up at 10.30,then to draw fib from ytd close to todays high (then can you pls mention of enty & exit) in this case.also if possible explain in detail or atleast give some more example ,so i can understand properly.
thanks |
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SUNITbLL White Belt
Joined: 20 Feb 2009 Posts: 6
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Post: #4 Posted: Thu Feb 26, 2009 2:25 pm Post subject: Re: Fibonacci on Nifty For Day trading, short-term, long-ter |
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[sir
kindly give details of both for if market is open in high then which parameter should i take and what are the entry level WHERE SHOULD FIND THE FIBINACCI CALCULATOR |
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