iCharts Discussions

[ankur11_11]

For Nifty March Future closing above 9142.40 (9143 rounded up)
For Nifty April Future closing above 9170.59 (9771 rounded up)

Vinst .. level is a little up .. lol ... not my doing bro.


Om Namaha Shivaya

[ankur11_11]

Todays reversal point
For Nifty March Future closing above 9143

and

For Nifty April Future closing above 9172


Price is hitting hard the level .... lets see

Om Namaha Shivaya.

[ankur11_11]

Bought april fut 2 lots at 9177

no sold position anymore. reversal point presently 9108
.

Om Namaha Shivaya

[ankur11_11]

Last call loss -

March series 9144-9050 = 94 points

April series 9177-9135 = 42 points

total 136 points * 75 = 10200 rupees .


Lets see ...

edit : brkg for 6 points (3 point each lot) ... please calculate including it.

[ankur11_11]

reversal point presently 9130 (closing below) for April future.



Om Namaha Shivaya

[ankur11_11]

reversal point presently 9143 (closing below) for April future.



Om Namaha Shivaya

[ankur11_11]

Reversal sell point is nifty April future closing below 9175 for today.

**Those who are safe trader .... can sell both lot of buy position of April future if nifty fails to close above 9209 (this is only for safes trader ) those who are Risky trader can hold on to positions (or may be one position) ... with reversal point of 9175.
(I am holding both position and above statement will not be calculated at the end of the trade ... I am neither safe trader and nor risky trader .. i am a dumb trader LOL )


Om Namaha Shivaya

[ankur11_11]

reversal point changed to 9181 of Nifty April Future .. closing below this today ... seems impossible ... so hang on

Om Namaha Shivaya

[ankur11_11]

reversal point changed to 9216.76 ( say 9217) of Nifty April Future.

Now even if nifty close below reversal level EOD ... buy positions will be closed in profit.

I will update if any change happen in reversal level ... and will be silent if it stays unchanged.

Om Namaha Shivaya

[ankur11_11]

reversal point changed to 9218 , negligible anyway ... seems closing below this is impossible today ... so holding onto all buy positions.

Om Namaha Shivaya

[ankur11_11]

Reversal point of Nifty April Future is still closing below 9218 ... the big move is trying to happen right now .. we do not know what is ahead ... but keep the reversal point strict.

Om Namaha Shivaya

[ankur11_11]

Reversal point of Nifty April Future is still closing below 9218

No change ... if anything changes .. i will update at around 3:15 PM.

Om Namaha Shivaya

[ankur11_11]

Still now low is 9218.10 .... ! .. lets see ... have patience... testing reversal point.
IF any one wants to play safe exit one lot ... want to be more safe .. exit 2 lot .... lol ... i am all out ... i will see till it ends .

Om Namaha Shivaya

[ankur11_11]

sell positions if nifty april closes below 9218 ... fresh sell 2 lots ... only after 3:15

Om Namaha Shivaya

[ankur11_11]

Sold off 4 lots of nifty future April series to squareoff previous 2 buy position and to have 2 lots sell position .

Calculation of P/L of previous swing -

Bought at 9177
Sold at 9212

profit of 35 points in 2 lots or 70 points in one lot

Means 5250 rupees - 256.32 (exact brokerage I paid) = 4993.68

so loss remain (since i started this thread)
10200 (approx) .. lets round up and say 10000 (as i did not calculated exact brkg i paid) - 4993 = 5007

Lets see what happens in next call ..

Om Namaha Shivaya