iCharts Discussions

[spihonda]

Asper this method I bought nifty future at 5168 and sold at 5188. 20 pts profit.

Thanks to ANS_KOL.

[vinst]

[ridinghood]

[ridinghood]

hi all
nf closed at 5192. dv=1.38%
for 14/11
sell at 5192+71.6= 5264 sl 5314
buy at 5192-71.6=5120 sl 5070
regs
ridinghood

[infinity]

[sonila]

Mr. Ridinghood, pl explain that in your first trade why u booked profit so early at 5185 and in second trade u waited for 40 points profit? Any logic or intuition ?

[ravin_06]

Good eve friends ...

plz let me know where can available ....NIFTY - FUTURE daily Volatility of last 2 months record or plz post the link .

Thanks in advance.

[sonila]

Ridinghood, plz reply.

[anand512]

Infinity

Thank ypu for providing linc. But how to derive daily volatility from this data.
Can we use 6 day AAV ?

[ridinghood]

hi sonila
my motto is whenever u see profit just book it. for intraday my first
tgt is small 15-20 pts. so i booked at 5185. then i got chance to enter at 5165 nd this time having already gained 16 pts i could afford to wait a little more which gave me 40 pts.
so nothing special but trading common sense if u may call it so!

regs
ridinghood

[ANS_KOL]

dear friends,
friday was the second time in november that this strategy hit a trigger and in both of the cases a clear profit of around 30 points are made.the buy signal was given at 5163.25 and the nifty made a low of 5162 and reverse. let s see how the rest of the november span out.
some of our friends asked a few doubt which I clear shortly. right now very tired as had to work hard this weekend.
trade for tomorrow( 14/11/2011/ mon

sell @ 5263.40( 5260-5265) stoploss- 5314
buy @ 5120.10( 5120-5125) stoploss- 5070

good noght and make lots of money next week.
bye for now.
ANS.

[sonila]

Ridinghood, thanx for explanation.

[ANS_KOL]

So close, yet so far. That says it all for the followers of this strategy.nf made a high of 5248 but not triggered the sell order at 5263, if it triggered then big opportunity to book profit.
Anyhow, there is no scope for hope in stock market, atleast we are fortunate that we did nt lose money today.
Now, trade for tomorrow( 15/11/2011/tue)
sell @ 5225.45( 5225-5230) stoploss 5276
buy @ 5086.15( 5085-5090) stoploss 5036.

GET ALERT TO BOOK PROFIT GUYS, REMEMBER THIS STRATEGY PLAYS AGAINST THE TREND.
Good night, sleep well
ANS.

[ANS_KOL]

Can anybody tell what happen once nifty triggered the buy price @ 5086 as I was not present in the market today, it will help others to keep track with this strategy. though by seeing the spot nifty chart I get a feel that it is a no profit, no loss kind of a scenario.
Ridinghood, Rk, Vinst anybdy kindly come up and take charge.
trade for tomorrow-
sell @ 5147.25( 5145-5150) sl-5198
buy @ 5009.15( 5005-5010) sl-4959.

thanks in advance,
ANS.

[rk_a2003]

Sorry! ANS

I was not there today infront of the screen except for a brief period in the morning.

RK