My Profit swing trades with Median Lines

[Kavima]

Hi All

Trading with Median lines gives very close targets for Swing trading.I have been using this strategy for Nifty and Bank nifty and had good results..Those interested to trade with Charts and prices to analyse target price, support and resistance levels will find this strategy very interesting.Let me post my analysis and charts.

Feedback welcome!Happy trading...

 

[Kavima]

 

[Kavima]

Bank Nifty Trade 30 min chart

 

[Kavima]

Nifty 30 min chart 25.01.11

Banknifty 30 min chart 25.01.11

 

[munde_77]

Nifty 30 min chart 25.01.11

Banknifty 30 min chart 25.01.11

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[Kavima]

30 min Nifty chart 27.01.11

The price was not supported on the White LML today.The first half hour it retraced into the channel but fell down steadily to meet the Warning lines 1 an 2.Drawing a Blue Median line and parallels,Price has closed at the Blue LML EOD.Stochastics are at oversold level.
Low of thsi swing can be confirmed after higher low bars and price closing above 5 ema.
Pullback till 5680 possible for tommorrow if bounceback rally happens

 

[Kavima]

30 min Chart Bank Nifty - 27.01.11

 

[Kavima]

30 min chart Nifty 28.01.11

 

[jagankris]

Dear Kavima,

Thanks for your interesting charts

1.Can you please give a write up about median lines.
2.How to deduce the target and stop ?

TIA.

Best Regards,
JK

 

[sujittalukder]

Dear Kavima,
You have one more thread for the median line. Then whats the necessary to open a new thread? You could have continued the same earlier thread.
regards