Linkon's Day trading Strategy...!

linkon7

Well-Known Member
#81
CUES--

--Nifty August future discount decreased to 7 points so cost of carry increased. (Bullish)
--Nifty open interest decreased by 6 lacs suggests short covering. (Total OI now at 2.43 cr)
--Nifty calls added 4.6 lacs and puts added 24 lacs in open interest. (Bullish)
--Nifty open interest put-call ratio is at 0.91.
--4400 puts had open interest of 37 lacs (+18%) and 4600 calls had open interest of 33 lacs (+5%), so 4400 and 4600 will be important levels to watch for.
--India VIX closed at 38.20, increased by just 0.03% suggests stability. (Bullish)
--In Nifty stocks, advance-decline ratio is at 34/16. (Bullish)
 
#85
Linkon
You are working very hard and taking lot of effort for posting and sharing all these posts:clapping:
There are no words to describe your selfless service to traderji members.
Gr8...............................................Yaar ...................

Keep it up:thumb:
 

linkon7

Well-Known Member
#86
CUES--

--Nifty August future discount converted in to premium of 3 points so cost of carry increased. (Bullish)
--Nifty open interest increased by 6 lacs suggests long addition. (Total OI now at 2.49 cr)
--Nifty calls added 16.5 lacs and puts added 17.5 lacs in open interest. (Bullish)
--Nifty open interest put-call ratio is at 0.92.
--4400 puts had open interest of 37 lacs (+0.24%) and 4600 calls had open interest of 32 lacs (-2%), so 4400 and 4600 will be important levels to watch for.
--India VIX closed at 42.52, increased by 11% suggests instability. (Bearish)
--In Nifty stocks, advance-decline ratio is at 23/27. (Bearish)
 

linkon7

Well-Known Member
#89
Dear Linkon Sir,

Your trading system given the sell signal @ 4536.
That arrow u see..is an exit. Just a way to tell me to reduce half my positions.

There was no sell as per the system. price has to be lower than the 89 ema and the lower band to qualify for a sell. we did get a lot of buys and a long ride towards the end...
 
#90
Dear Linkon Sir,

I am posting the 10 min chart for mini nifty.

1. Please tell me about green & red arrows.

2. Where are buy & sell signals are palced.

3. What is the meaning of yellow candle.

4. 89 ema represented by which line.

Sorry for so many questions but i am following your system since two days.

Waiting for your answer.... Thanks in advance
 

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