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| Discuss Intraday secret at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by sunil saranjame Raju, you guys are so naive ... HEY, WE ARE ... |
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#11
2nd March 2007, 11:24 PM
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Re: Intraday secret
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CV 
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#15
3rd March 2007, 09:23 AM
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Re: Intraday secret
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plz. send me the link to my email id : rickyric_ny@*****.com
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#16
3rd March 2007, 10:01 AM
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Re: Intraday secret
Hi Ricky,
I usually play swing .But am very much interested in Day-Trading . I have sent u a mail on (rickyric_ny@*****.com) along with the attachment "Secrets to Successfull Short Term Trading using High Probability Support and Resistance levels". Please read it , it can be usefull,though I am a newbie but I usually share whatever I get to read and experiment. All the Best. Raju,
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#19
3rd March 2007, 12:29 PM
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Re: Intraday secret
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The only caution though is not to be greedy. I take a 0.38% SL from my purchase price and if the stock hits the SL i move out of the trade. Though sometimes greed takes over too, but that is subject to individual way of trading. Incase one need pivot point prices, for all NSE scrip’s, you can refer to twonahalf.com. On the candlestick chart, on the bottom right corner you can find a green table. This table lists the R1, R2, S1 and S2 for any scrip that is selected. Regards Manoj T
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#20
3rd March 2007, 01:06 PM
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Re: Intraday secret
Hi all,
The pivot point and the support and resistance levels are so easy to calculate. The formula is given below : Pivot Point = ( High + Close + Low )/3 S1 = 2 * Pivot - High R1 = 2 * Pivot - Low S2 = Pivot - (R1 - S1) R2 = Pivot + (R1 - S1) S3 = Low - 2*(High - Pivot) R3 = High + 2*(Pivot - Low) S and R stands for Support and Resistance levels respectively.
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