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Nifty Futures only - AA |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #211  Posted: Thu Oct 19, 2017 7:30 pm Post subject: |
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Squared 10200 2 lot equivalent call taken sold at 85 average at 33 just now in 52 point profit
For all those watching closely it would be a learning ( EOD live)
Still have open 50 percent position in 10000 sold CE @ 75 NOW at 150
Average cost is 10200 after today's profit of 50 in 10200 CE
So below 10200 this would yield profit only
Hence the short call taken when market was at 9950 is NOW ENDNG In PROFIT only
Hope liked ( open position was given before hand each day end) after suresh s post
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #212 Posted: Mon Oct 23, 2017 12:08 pm Post subject: |
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Exited 10000 CE at 150 just now .....
Overall 50 points profit despite market rising from 9950 to 10240
Also can see how 10240 posted MANY weeks back is being resisted
If nifty sustains below 10050 then trend would be Bearish for short term
CMP 10135 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #213 Posted: Tue Oct 24, 2017 1:51 pm Post subject: |
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| amitagg wrote: | Exited 10000 CE at 150 just now .....
Overall 50 points profit despite market rising from 9950 to 10240
Also can see how 10240 posted MANY weeks back is being resisted
If nifty sustains below 10050 then trend would be Bearish for short term
CMP 10135 |
Again resisted at 10138 just 2 point shy and fell 60 points......
Please DONT buy ........ ( level posted would work)
Can we see 9600 again...... Let it go down below 10050 ( NOT 10120) first...... |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #214 Posted: Sat Oct 28, 2017 9:55 pm Post subject: |
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Hi Amit
Now that nifty weekly closed 10240+83 pts, how do you see nifty move from here ?
regards |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #215 Posted: Sat Oct 28, 2017 11:52 pm Post subject: |
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Since we were near to a perceptible fall, a good gap and breakout was required to push it up........
I am not sure of next move..... Which is ok.
However I am sure to trade levels
For instance next trade can be
Sell 10200 stop 10270 target 10130/10080
Or
Buy 10440 target 10560 stop 10360
So just see whether these trades work out or not ....
It's simple enough as u can see ( once the levels are regularly traded)
Directional view helps to increase quantities..... Otherwise |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #216 Posted: Sun Oct 29, 2017 6:13 pm Post subject: |
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Thanks for levels.  |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #217 Posted: Sun Oct 29, 2017 8:44 pm Post subject: |
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Thanks Amit for your quick response
Regards |
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Niftyman
White Belt
Joined: 22 Mar 2015
Posts: 340
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| Post: #218 Posted: Mon Oct 30, 2017 10:21 am Post subject: |
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Amit, you are also playing with same tacts, like others
Post 100 up and post 100 down as targets
kahin to jaayegaa hi |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #219 Posted: Mon Oct 30, 2017 7:57 pm Post subject: |
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| Niftyman wrote: |
Amit, you are also playing with same tacts, like others
Post 100 up and post 100 down as targets
kahin to jaayegaa hi |
No Niftyman.... Pls pls don't bracket my with others
For reasons below
1) I mentioned I am not sure of direction . So I don't " predict" and prepared to follow market as they say ( or better said even if predict pn few occasions not rigid at all)
2) despite having no directional view above 10240 ( which was my target ) you would recall since 9600....... I gave trades to help the person asking the question
3) you would also recall that I mentioned 9677 as low plus minus few points while you mentioned above 9300....
4) so the sell level is below my target with filter and has a rationale
5) buy target and trigger is based on " scientific gann calculation"
So your comment of plus minus 100 points does not hold good at all ( once u know how I calculated the levels based on mathematics)
Obviously I apply filters based on certain past observation.
6) you would also see that unlike other people posting levels, I posted precise trigger target and stop loss
7) also it's unlike some other previous posts of someone in another forum wherein very small margin was given after the trigger and layman reader though as this time you are thinking about my posts that either or shall hit
 I like your open ended comment and desire for transparency unlike others who just keep appreciating forum holders
9) try out the levels ... Try few option trades on those levels.... Now that you have posted, do take entry on 10440 NS long and 10200 NS short ......
Take RR of 1.5 to any target you wish ( beyond 40 point minimum)
So your target need not be mine.... Because for a 120 point target and 80 point stop as for one level I have posted, ones trading methodology may not support
10) at least try to exit short above 10440 if you have
11) at least try to exist long below 10200 if you have
You are bound to find the levels useful ( IF IF IF
Condition 1: I post all my levels regularly in Icharts which I don't or have to
Condition 2: you trade them faithfully and regularly
Hope above helps in a better understanding!
Overall answer: levels are not random but based on scientific Gann calculation couple with "trader" observation of market
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Niftyman
White Belt
Joined: 22 Mar 2015
Posts: 340
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| Post: #220 Posted: Mon Oct 30, 2017 8:43 pm Post subject: |
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Thanks Amit, for your point wise reply in detail
Let us see how it progresses.  |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #221 Posted: Tue Oct 31, 2017 10:02 am Post subject: |
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Thanks Amit for your honest and Frank explanation. Do keep posting for benefit of followers
regards |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #222 Posted: Wed Nov 01, 2017 6:01 pm Post subject: |
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| Niftyman wrote: | Thanks Amit, for your point wise reply in detail
Let us see how it progresses. |
Can see how 10240 was resisted all day and closed at that "tick" also
Revised sell level is moved from 10210 to 10360......which would serve at SL as well for the buy trade......SL already posted in posts below. |
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Niftyman
White Belt
Joined: 22 Mar 2015
Posts: 340
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| Post: #223 Posted: Wed Nov 01, 2017 9:05 pm Post subject: |
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Hi Amit
Can you post target levels for BNF
If can then please post for tomorrow. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #224 Posted: Thu Nov 02, 2017 12:24 am Post subject: |
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| Niftyman wrote: | Hi Amit
Can you post target levels for BNF
If can then please post for tomorrow. |
25900/930
(Timeframe 2-3 days otherwise square off) |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #225 Posted: Fri Nov 03, 2017 4:28 pm Post subject: |
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| amitagg wrote: | | Niftyman wrote: | Hi Amit
Can you post target levels for BNF
If can then please post for tomorrow. |
25900/930
(Timeframe 2-3 days otherwise square off) |
Trail to cost if you have taken at equivalent NS10440 level ( or better higher TSL)
Current High near 25700.... |
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