iCharts Discussions

[Just Trade]

Hello Fellow Members,

Wish you all a very happy New Year.

To PT/ST

Thanks for everything and wish you both a very happy new year.

Regards

Satish

[cbosein]

Hi Satish,

I wish you & all readers of this forum, "A HAPPY & PROSPEROUS NEW YEAR 2010".

Is it possible to teach us your calcuation of trading levels for next dat from EOD data? This is humble request.

Thanks & Regards,
Bose

[Just Trade]

Hi Chennai Boy(Veeru)

Wish you a very happy new year.



Regards

Satish

[Just Trade]

Nifty Future
Buy Above 5212 sl 5184 tgt 5221/57/81
Sell Below 5194 sl 5222 tgt 5184/48/23

Happy Trading

[amitdate76]

Hi Satish,

As a beginner i have still not managed to trade the levels successfully.

For a few weeks can u post a brief summary of how u used the levels during the day. I'm still in kindergarten as far as TA subject is concerned, so pls help out.

I hope i'm not asking too much..

Thanks,
Amit

[Just Trade]

Hi Amit

PLease check in this same thread. I have explained how to trade these levels. For eg today it is a buy above 5212. Nifty opened at 5225 you just place a buy order at 5212 plus or minus 5 points. Today our buy order got executed at 5212 and we have sold 75% at 20 point profit at 5232. Now the stop loss for balance is at cost at 5212.
Regards

Satish

[Just Trade]

Nifty has given us 30 points profit today. Bring stop loss to cost now.

[hansraj456]

Hi

Can anyone, who's trading as per levels given at this thread, please tell :
(1) What's the success rate
(2) How many points on an average can be gained
(3) Any specific plan for trading or simply trade at given levels?

Thanks

Hans Raj

[sandew]

i disagree with profit of 30 points. Assuming long at 5212, and with choppiness that followed intraday player would book at tgt1 at 5221 profit only 9 points (less commisssion and brokerage 2.5 points on buy sell assuming you pay .008%). And with SL at 5185 risk reward not in favour. we need more meat and explanation on this strategy rather numbers and levels, please.

[Just Trade]

Hi Sandew

I posted my last message when I was booking 30 points. Using these levels I always book profit partially first at first target and then at 25 to 30 points. This way I am able to earn consistently.

Hi Hasraj

Please find below the answers to your query

Can anyone, who's trading as per levels given at this thread, please tell :
(1) What's the success rate
For me the sucess rate has been above 80 percent.
(2) How many points on an average can be gained
On an average 30 points and on days when the market trends (which is rare) close postion at end of day
(3) Any specific plan for trading or simply trade at given levels?
Ihave posted the plan for trading these levels before. http://www.icharts.in/forum/nifty-future-daily-trading-levels-t1167,postorder,desc,start,50.html

Regards

Satish

[Just Trade]

Nifty Future
Buy above 5226 stop loss 5203 target 5234/62/81
Sell below 5212 stop loss 5234 target 5202/5175/56

Happy Trading

[hansraj456]

Hi sabh005b

Thanks for your reply. I have read ur plan. Nice efforts made by you. Can you please share how you reach these levels of entry and targets?

Hans

[reela]

[Just Trade]

Hi Reela

Minimum two lots

Regards

Satish

[deepika kwatra]

hello sabh005b
i hav been looking over d levels being given by u for d past 5 trading sessions ...i wish to knw one thing dat as per u go long in nifty fut 2day above 5226 n last tgt was 5281.
but 2day it opened at 5280 (which was our last tgt for 2day ) wid a gap of around 40 pts ..wat to do in dat case ???

thanks