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*** Nifty Futures - Mechanical Trading *** |
svkum
White Belt
Joined: 14 Feb 2007
Posts: 321
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Post: #16  Posted: Wed May 21, 2008 10:01 pm Post subject: mech trading |
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I think once the nifty level drops below support level, it becomes resistance for shorts thereafter.
Likewise if resistance level crosses , that becomes support for long positions thereafter.
Keeping earliers support and resistance level wd be much deeper stoplosses.
S V KUMTHEKAR |
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kiran.jain
White Belt
Joined: 31 Jan 2008
Posts: 47
Location: mumbai
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| Post: #17 Posted: Wed Jun 04, 2008 2:17 pm Post subject: |
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hello mansukh
oks.....
keep updating....
regards |
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