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NIFTY Futures Mechanical Trading

Discuss NIFTY Futures Mechanical Trading at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by nadodav NIFTY FUTURE For August 8, Current position : LONG (at 4344 ...


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  #1011  
Old 7th August 2008, 06:49 PM
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Question Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by nadodav View Post
NIFTY FUTURE For August 8,

Current position : LONG (at 4344 on 01/08/2008)

Nifty Fut Closed at : 4531.60

Profit/Loss in current trade : +187.60 (as per last closing price)
Net Profit/Loss since thread started : +2213.60 (2026.00+187.60)


Support : 4500
Resistance : 4582

Hold LONG position with SL 4500. If trades below 4500, exit LONG & go SHORT with SL 4582.

Happy Trading.

Vinod
Hi Vinod,

could you please explain the calculation you do to find out your support & resistance values?

As I believe the S1=4485 & R1=4571 for tomorrow.

Bit confused about the level you set. Could you please give some idea??

Thanks
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  #1012  
Old 7th August 2008, 08:34 PM
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Default Re: NIFTY Futures Mechanical Trading

vinodji has told that he will not disclose the method. we all follow the level and dont question the way it is done. if you have a better system follow that
Quote:
Originally Posted by bbrahma View Post
Hi Vinod,

could you please explain the calculation you do to find out your support & resistance values?

As I believe the S1=4485 & R1=4571 for tomorrow.

Bit confused about the level you set. Could you please give some idea??

Thanks
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  #1013  
Old 7th August 2008, 08:34 PM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by bbrahma View Post
Hi Vinod,

could you please explain the calculation you do to find out your support & resistance values?

As I believe the S1=4485 & R1=4571 for tomorrow.

Bit confused about the level you set. Could you please give some idea??

Thanks
Obviously you have not done enough home work before asking a question!
Please go thru atleast some of the initial posts in this thread and then ask the question about the ‘calculations’
I do not think Vinod is going to answer you question as he has answered that questions many times.!
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  #1014  
Old 8th August 2008, 10:32 AM
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Thumbs up Re: NIFTY Futures Mechanical Trading

Position Changed. Now Short

Vinod
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  #1015  
Old 8th August 2008, 11:10 AM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by vipin42 View Post
Dear Friends, I feel Nifty fut can be bought @ 4489 - 4494 levels. Tgt can be 4581 with 4570 as SL.. If 4570 is broken then 4439 is the level to cover again. Regds, Vipin
sir i think it is a bit confusing ????? bought level ok tgt ok then why stop loss is 4570 is it 4470 bcoz from 4570to 4439 there is long gap
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  #1016  
Old 8th August 2008, 11:31 AM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by vipin42 View Post
Dear Friends, I feel Nifty fut can be bought @ 4489 - 4494 levels. Tgt can be 4581 with 4570 as SL.. If 4570 is broken then 4439 is the level to cover again. Regds, Vipin
vipin .. we have earlier requested u not to post ur own calls here..
Plz do so in your thread. This is purely for Mechanical Trading and related topics.
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  #1017  
Old 8th August 2008, 11:33 AM
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Default Re: NIFTY Futures Mechanical Trading

dear vipin
why are u giving ur recommendations in this thread.u have been asked not to confuse the people following this thread.START ur own thread if u have faith in ur recommendations.till then please no more intrution into this thread.okk
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  #1018  
Old 8th August 2008, 12:31 PM
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Thumbs up Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by vipin42 View Post
Dear Friends, I feel Nifty fut can be bought @ 4489 - 4494 levels. Tgt can be 4581 with 4570 as SL.. If 4570 is broken then 4439 is the level to cover again. Regds, Vipin
Dear Vipin,

Kindly do us a favour. Please stop posting your recommendations in this thread. it is creating confusion amongst members. pl understand, if you wish, have your own thread and start posting regularly. This will benifit you as well as members.

Looking forward for your co-operation & support.

Thanks & Regards,

Vinod
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  #1019  
Old 8th August 2008, 01:02 PM
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Default Re: NIFTY Futures Mechanical Trading

Thanks everyone...
Perhaps I have missed some of the posting in this thread. I will go once again from the beginning.

Thanks for your suggestion..
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  #1020  
Old 8th August 2008, 02:00 PM
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Default Re: NIFTY Futures Mechanical Trading

HELLO SIR I had been following ur nifty levels from last 1 mth my q is as u say if the nifty keep below its support lvel for 2-3 min then u go short but suppose after going short once again nifty comes to its support level and remain their for 4-5 min at that time what to do remain short or change our position once again keep up the work thanks
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