iCharts Discussions

SwingTrader · Posted: Wed Apr 01, 2009 10:35 pm Post subject: NF Trading Levels for 02.04.2009

NF Trading Levels for 02.04.2009

R5 3179.42
R4 3139.78
R3 3126.06
R2 3100.14
R1 3090.78
BULL 3075.64
LOC 3055.82
BEAR 3036.00
S1 3020.86
S2 3011.50
S3 2985.58
S4 2971.86
S5 2932.22

NOTE: Everybody please use the levels carefully. I suggest you get familiar with the way price behaves around these levels by just observing them on a NF chart during mkt hours. These levels are a result of my refinements over what I had learnt quite some time ago, I am still in the process of fine tuning these so in the near term the performance of these levels may vary until I settle down on the refinements. Please use these levels carefully until you are comfortable with these and until I post more info on these levels in the near future.

THESE LEVELS ARE NOT TRADING RECOMMENDATIONS, THESE ONLY ACT AS SUPPORTING TOOLS FOR YOUR MAIN TRADING STRATEGY.

valencia · White Belt Joined: 15 Oct 2008 Posts: 20

Good Morning Sir

Will watch the levels carefully.

Thank you.

RM

SwingTrader · Posted: Thu Apr 02, 2009 10:18 am Post subject:

We might need further levels as the breakout was massive enough to clear most resitances/levels. Here are further two levels:

R6 - 3227.06

R7 - 3239.02

SwingTrader · Posted: Thu Apr 02, 2009 3:38 pm Post subject: Followup

Today's NF chart with relevant levels marked

rajamani · White Belt Joined: 19 Sep 2008 Posts: 11

dear sir your chart is very much informative

thans a lot