iCharts Discussions

[Just Trade]

Buy Nifty future around 5125-35 stop loss 5060.

[Just Trade]

Buy above 5121 stop loss 5076 target 5136-5191

[Just Trade]

First target achieved. Now bring stop loss to 5115.

[Just Trade]

Nifty has given us till now 25 points. Now bring stop loss to cost at 5121.

[satti201]

Your trading level tips very cool:)

Now nifty is very volatile, can you please let me know the closing point for the day.

Thanks,
Satya

[Just Trade]

Hi Satya,


Unfortunately I do not have the knowledge nor the wisdom to predict the market and tell you what level it will close.



REgards

Satish

[Just Trade]

Buy above 5122 stop loss 5080 target 5137-5191
Sell below 5097 stop loss 5138 target 5082-5029

KISS LEVEL-5120
Stop Loss for Buy - 5096
Stop Loss for Sell - 5143

Happy Trading-

[Just Trade]

Today we missed the first target on downside by 2 poins. Our target was 5082 and nifty made a low of 5084. On the buy side it reached first target.

Awaiting views and comments from fellow members.

Regards

Satish

[Just Trade]

Buy above 5127 stop loss 5100 target 5137-5172
Sell below 5110 stop loss 5138 target 5100-5065

KISS LEVEL- 5122.50

Happy Trading

[gururaj3]

Good prediction. Kindly continue posting. wishing happy trading.

[cbosein]

Hi Sabh005b,

Levels are very good & more dependable. Please keep up it

up your good post.

Are you using any software to find these levels or

calculation based or trend line based?

Also kindly indicate SL for buy side & sell side levels

for KISS for 11-12-09.

Regards
Bose

[Just Trade]

Hi Bose,

Stop Loss for Buy is 5090
Stop Loss for Sell is 5146

Regards

Satish

[cbosein]

Hi Mr.Satish,

Thanks for your post

Regards,
Bose

[Just Trade]

I Have backdtested certain levels and it has given a strike rate of more than 85 percent. Since these levels are still under testing please use it with caution

A lot of traders including I believe that Trend is your Friend. However I have noticed that the market moves sideways than trending for more than 70 pecent of the time. To trade the market when it is moving sideways I have developed these levels. There are two levels one is a Sell Level and the other Buy Level.
Once market opens we will wait for any one of the levels to be taken out. This means we must wait for price to approach either of these two levels. Whichever level it hits first gives us our first trade.
Then we will open a position AGAINST the trend, using a stop loss somewhere just above/below these levels. We will not even open the trade until it has penetrated the level in the 'right' direction, i.e. demonstrated that it has found resistance/support at our levels.

Stop Loss is a must as these levels are also trending levels wherein crossing these levels Nifty will trend in that direction.

For today the levels are as follows
BUY LEVEL - 5092 Stop Loss - 5082
SELL LEVEL- 5168 Stop Loss - 5184

Happy Trading

[Just Trade]

Buy call given on 8th December to buy Nifty for postional at 5125 stop loss 5060. Please book 25% profit at 5170- CMP is 5172.

Enjoy

Please find below the earlier post where the call was given


Posted: 08 Dec 2009 14:38 Post subject: Nifty Future Postional Call-generatedon8th December

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Buy Nifty future around 5125-35 stop loss 5060.

Last edited by sabh005b on 08 Dec 2009 15:35; edited 1 time in total