Intraday Trading Using Gann Calculator

[razx5]

in the middle of trade guyz..market is rockkinn..today trading in mininifty..i ul tell u y..the opening high for nifty futures was 6245 wheras high for mininifty was 6237.85..v put both these numbers in gann box v got 2 different buy above levels..if 6237.85 in gann v got buy above 6241..wheras if put 6245 in gann it gave buy only above 6260.90..v take buy above 6245 thaz in mininifty..buy trigered at 10.04 a.m..1st trgt 6260.90 achieved in 7 minutes..v exit 1/3 of our position here..wait for 3mins to c if price sustains at this level..price jus jumped to 6270..v use trailing stops now..6260.90 is the position were v exit full..market went up nad up 6280 in next 5mins..v exit next 1/3..again trailin stop of 6280..next rgt is 6300..made high of 6299.40..waiting for my last lot to book profit..lets c whether i can achieve..purely bcoz of effect of coal india listing today market is up..

i exit full at 6280..profit of 29 points avg.

 

[razx5]

I ain't think so...

http://www.moneycontrol.com/news/local-markets/sensex-surgesbroadbased-buying_496839.html

 

[nac]

http://www.moneycontrol.com/news/local-markets/sensex-surgesbroadbased-buying_496839.html

Yeah, it could be... Not purely because of COALINDIA

 

[razx5]

i exit full at 6280..profit of 29 points avg.

next buy only above day high 6300.25..

 

[razx5]

next buy only above day high 6300.25..

sorry guys couldnt updat after that bcoz of diwali celebrations..actually buy triggered at 14.03made high of 6302..trgt is 6320.50..stoploss is 6280.75..now c the power of stoploss..it made a low of 6281.70 after buy..failing to trigger by 1.5 points..market jus ended at day high..6310..next day the muhurat trading..v cant xpect intraday trade on muhurat as it s only for 1hr..v had opening high of 6349 and low of 6320.50..so thru gann v have buy above 6360 and sell below 6300(although the low of 6320.50 itself s a level..sell below 6320.50 for tgt of 6300..it did break at 18.52 jus 8mins way from close)..ended at day low of 6316.60..

 

[razx5]

all together profit of 60 points from last 6trading sessions using gann..that too after 2 stoploss hits on tue nd wednesday..not bad rt?..ul update every day for one mnth..so that more n more members here trade using gann stuff..

 

[razx5]

for trading on 8/11/2010..open low for nifty futures was 6327.10..so sell below 6320..triggered after 5 mins of market open..trgt1 6300 achieved in few mins..could not sustain this..covered full at around 6307..next sell only below 6380..did not trigger..made low of 6382..

 

[razx5]

in the middle of trading sesion frienz..today there was slight difference btwn high of mini nifty and nifty..6297 and 6304.90 respectively..v put both these numbers in gann v got buy above 6300.65 and buy above 6320.50..so v take lowest of these 2 and enter buy above 6300.65 (9.18 a.m)for a trget of 6320.50..mini nifty achived in few mins..v cover 1/3 here..nxt trgt is 6340..it made high of 6333..now our trailin stop is our 1st trgt 6320..triggered at 10.14 a.m..profit of 20 points..now next buy only above 6340..v give day low of 6385 in gann..it gave sell below 6380..now i havew entered short at 11.27 a.m for a trgt of 6360..it made low of 6266...hovered around this price..broke 6266 again and made low of 6261.55...jusssss 0.70 points away from trgt..seems like i have to cover full around these levels..6265 levels..lets wait n see..

 

[razx5]

in the middle of trading sesion frienz..today there was slight difference btwn high of mini nifty and nifty..6297 and 6304.90 respectively..v put both these numbers in gann v got buy above 6300.65 and buy above 6320.50..so v take lowest of these 2 and enter buy above 6300.65 (9.18 a.m)for a trget of 6320.50..mini nifty achived in few mins..v cover 1/3 here..nxt trgt is 6340..it made high of 6333..now our trailin stop is our 1st trgt 6320..triggered at 10.14 a.m..profit of 20 points..now next buy only above 6340..v give day low of 6385 in gann..it gave sell below 6380..now i havew entered short at 11.27 a.m for a trgt of 6360..it made low of 6266...hovered around this price..broke 6266 again and made low of 6261.55...jusssss 0.70 points away from trgt..seems like i have to cover full around these levels..6265 levels..lets wait n see..

i took high of bar proir to the day low making bar..that is 12.12 was the bar which made low of 6261.55..i take high of 12.11 p.m b ar..that is 6269..so i exit full here..profit of 11 points..good that it made low of 6261.55 as v have chance of reentering below 6260.90..

 

[bhaskar145]

Hi Razx5,

Gd mrng, Wht r d levels for today?

thnx