iCharts Discussions

[s.muthuswamy]

As per the chart the average price of NF at 9:20 is found to be 4969.
If we feed this into Gann's calculator we get
Buy @4970.25(4971 on the safer side)
Sell @4952.64(4952 on the safer side)

[Rahulsharmaat]

ATP between 4953 to 4970-- will have same buy n short levels--

above 4970.3 it would have changed--

[Rahulsharmaat]

If nifty trades above 4975-- for next 15 min--
COG at 10.15-- may happ

Short below 4970

[ragarwal]

thnx rahul,do v hv to put in d rate of nf at 10.15 n c the rates which wil b applicable fr d next 1 hr,n if im carring a trade which wud b long at 4970,so d stop fr tht wud now change to wat number,plz explain this

[Rahulsharmaat]

COG wont come at 10.15---

[Rahulsharmaat]

thnx rahul,do v hv to put in d rate of nf at 10.15 n c the rates which wil b applicable fr d next 1 hr,n if im carring a trade which wud b long at 4970,so d stop fr tht wud now change to wat number,plz explain this

===============================================
1st Change of Gaurd--
that may come at 10.15-- or 11.15-- Hourly ATP--

Example-- today long at 4971-- if COG hapens-- it will be sell below 4970-- so all longs SL at 4970-- n short also --

thats what i am trading

[umesh1]

Friends
Nifty descend begins before expiry if it closes belo 4950 ,1st tgt is 4865
Cheers

[Rahulsharmaat]

Yellow Belt-----

Thanks to Icharts-- it looks really cool

[pinto1]

[ragarwal]

but how do v decide tht change of guard has occured

[Rahulsharmaat]

4880 in Spot-- from where we can say-- upmove is over n a new don more has started as per me

[veekas]

[pinto1]

[Rahulsharmaat]

yes pinto--

I am trading that way only

Morning both calls -- till COG comes

when COG comes i trail stop loss at that n do next call--

now my take is -- If i am long at 4971-- n COG comes at 4970-- i will exit at 4970 n short-- but i wont make a new long above 4988--


but today seems COG wont happ at 11.15 also-- if nifty is trading below 4970

[Rahulsharmaat]

agarwal wrote:
but how do v decide tht change of guard has occured



At 11.15 put ATP in the GANN calculator and see the short and long points. If they have reversed, then reverse the trade.

===============================================

Mind that--this ATP is not ATP of 9.15 to 11.15--
u have to see Hourly ATP from ODIN-- that means ATP of trades between 10.15-- to 11.15-- dont confuse