iCharts Discussions

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Nifty Future Monthly Trading Levels- March

Below 11582 targets 11541, 11500, 11411, 11367, 11259, 11151, 11085
Support at 11259, 11151
Above 11582 will retrace back to 11648,11715,11822,11909, 11996
Above 12105 will be a BUY for targets of 12145,12212, 12237, 12280
Above 12320, targets 12408, 12452, 12560

JT

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

ritesh

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Nifty Future Swing Trading
I have been swing trading for more than two years now using a very simple system. I will post the levels everyday for educational purpose only Smile

The system generates a Trend Decider level every day. Time frame used is one hour chart.
For today the levels are:
Trend Decider @ 11341
Current Position Short @ 11950
Stop and reverse NF closing above 11363 on 1 hour chart.

Regards

JT

sdeepa · White Belt Joined: 08 Aug 2009 Posts: 47

Hello Just Trade,

I am also doing swing trade but levels slightly vary. My trend reversal for today is 11401. Will you post your graph???

S.Deepa

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Nifty Future Swing Trading 03 March
Trend Decider @ 11241
Current Position Short @ 11319
Stop and reverse NF closing above 11263 on 1 hour chart.

Yesterday went long at 11363 and then stop and reverse hit at 11319 . Booked 50 percent at 11085.

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

HI Deepa

See attached file

JT

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Nifty Future Swing Trading 04 March
Trend Decider @ 11168
Current Position Long @ 11263
Stop and reverse NF closing below 11146 on 1 hour chart.

JT

RAJDESAI1967 · Yellow Belt Joined: 19 Mar 2013 Posts: 518

NF

''Stop and reverse NF closing above 11263 on 1 hour chart."" when is this trade to take...immediatel on crossing 11263 nf...or whatever rate when candle closes above 11263 on 1hr basis??

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Closing on 1 hour chart. I follow the 10:15, 11:15 and so on chart closing. Initial stop on this system is around 75 to 100 points. Intraday when I take a position I place my SAR 22 points below the Trend Decider Level. Next day onwards I follow the trend decider.

JT

RAJDESAI1967 · Yellow Belt Joined: 19 Mar 2013 Posts: 518

ok..so ysday one hour chart closed near nf 11309@ 2.30pm chart.so buy active at that rate only na?( for close above 11263 lvl)

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Nifty Future Swing Trading 05 March
Trend Decider @ 11179
Current Position Long @ 11190
Stop and reverse NF closing below 11157 on 1 hour chart.

Previous Trade.
Long taken on 03 march at 11263 SAR triggered at 11146 on 4 March - Loss of 117 points
Short at 11146 partially booked at 11085-
SAR hit at 11190. Total profit 17 points

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Booked 50 % at 11300 ..110 points. Now trade safe.

JT

riteshucha · Green Belt Joined: 19 May 2012 Posts: 1292

dear JT,

where do u TSL now, because SAR is very far away. i mean do u have any method for TSL. one area where i am very weak still

Ritesh

Just Trade · Brown Belt Joined: 15 Nov 2007 Posts: 2388

Hi Ritesh

Trend Decider now is at 12230, so TSL will around 12208

Regards

JT

riteshucha · Green Belt Joined: 19 May 2012 Posts: 1292

thanks JT

how do u find this Trend decider??

again through one of your excel sheets.. Wink

))) one more new thing to learn from you.

let me tell you, i am still trading with 4 of your previous sheets with fantastic results.
All my knowledge of Nifty, i owe it all to you!!!

Ritesh