Nifty Pivot Points for 30th Oct, 2006

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  #1  
Old 28th October 2006, 02:04 AM
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Lightbulb Nifty Pivot Points for 30th Oct, 2006



NIFTY SPOT CLOSE LONG -1 LONG-2SHORT - 1 SHORT - 2Trailing S/L
3739.35 3757.10 3782.05 3687.00 3641.75 12.30

Above Pivots are Based on Nifty Spot & Procedure on How to Take Position is Posted in an Earlier Thread posted by me in Technical Analysis "Nifty Intraday Pivot Points"

Incase any more explanation or clarification is required, Please feel free to to Ask...

Hope All of You will find it of some guidance towards more successful Nifty Future Trading

Seeya
SavantGarde
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  #2  
Old 28th October 2006, 11:06 AM
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Default Re: Nifty Pivot Points for 30th Oct, 2006

Quote:
Originally Posted by SavantGarde View Post
NIFTY SPOT CLOSE LONG -1 LONG-2SHORT - 1 SHORT - 2Trailing S/L
3739.35 3757.10 3782.05 3687.00 3641.75 12.30

Above Pivots are Based on Nifty Spot & Procedure on How to Take Position is Posted in an Earlier Thread posted by me in Technical Analysis "Nifty Intraday Pivot Points"

Incase any more explanation or clarification is required, Please feel free to to Ask...

Hope All of You will find it of some guidance towards more successful Nifty Future Trading

Seeya
SavantGarde
Although the DOW closed down 0.6% and NASDAQ down more than 1% and chances of Fareast Markets opening in the Red is almost a foregone conclusion due to lot of the Fareast Markets being Tech Heavy......Yes we will also probably open in Red but, Please Do Not Panic & Don't be surprised if we close in the Green......

Seeya
SavantGarde
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  #3  
Old 30th October 2006, 12:05 PM
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Default Re: Nifty Pivot Points for 30th Oct, 2006

Quote:
Originally Posted by SavantGarde View Post
Although the DOW closed down 0.6% and NASDAQ down more than 1% and chances of Fareast Markets opening in the Red is almost a foregone conclusion due to lot of the Fareast Markets being Tech Heavy......Yes we will also probably open in Red but, Please Do Not Panic & Don't be surprised if we close in the Green......

Seeya
SavantGarde
Guys, it is mentioned by me in an earlier post in 'Technical Analysis' where I have originally started Posting Intradday Pivot Points that we will see Nifty Future this month at 3778.00 & if Sensex remains & crosses 13000 then we would see an accelerated upmove to 13400-13500.
Happy Trading!!!

Seeya
SavantGarde
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  #4  
Old 30th October 2006, 07:44 PM
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Default Re: Nifty Pivot Points for 31st Oct, 2006

NIFTY SPOT CLOSE LONG -1 LONG - 2 SHORT - 1 SHORT - 2Trailing S/L

3769.103781.20 3800.40 3726.90 3691.509.60


Happy Trading & Be Cautious Tomorrow

Seeya

SavantGarde
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  #5  
Old 31st October 2006, 08:12 PM
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Default Re: Nifty Pivot Points for 1st Nov. 2006

NIFTY SPOT CLOSELONG -1 LONG - 2 SHORT - 1 SHORT -2TRAILING S/L


3744.103766.65 3796.253712.90 3699.859.55


All holding Previously Long Postion in Nifty Future Should Keep a Stop Loss of 3710.70

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SavantGarde
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  #6  
Old 1st November 2006, 11:38 AM
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Default Re: Nifty Future Update

If The Nifty Future Breaks 3744 it can slide down by 20-25 Points....Therefore trade accordingly Nifty Traders

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SavantGarde
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  #7  
Old 1st November 2006, 05:45 PM
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Default Re: Nifty Pivot Points for 2nd Nov. 2006

NIFTY SPOT CLOSELONG - 1 LONG - 2SHORT - 1 SHORT - 2TRAILING S/L

3767.053775.05 3790.253736.75 3713.556.90


STOP LOSS FOR PREVIOUSLY HELD LONGS IN NIFTY FUTURES IS 3728.00


Seeya

SavantGarde
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  #8  
Old 2nd November 2006, 01:01 AM
gsa gsa is offline
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Default Re: Nifty Pivot Points for 30th Oct, 2006

hi savant,
i am new here.
have short position on nifty 3737 ...should i hold...
also could you pls explain what u mean by short 1/2...etc. do u mean go long or short....at these levels or are you indicating supports and resistances as per day.
brgds
gsa
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  #9  
Old 2nd November 2006, 09:56 AM
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Default Re: Nifty Pivot Points for 30th Oct, 2006

Quote:
Originally Posted by gsa View Post
hi savant,
i am new here.
have short position on nifty 3737 ...should i hold...
also could you pls explain what u mean by short 1/2...etc. do u mean go long or short....at these levels or are you indicating supports and resistances as per day.
brgds
gsa
Hi GSA,

Hang on to your short, through the day you may get an opportunity to be able to cover with a little profit or a little loss. Also if you can stand the Pain of the market going against your position you will see Nifty come to 3700 during the month...Choice is entirely yours.

Ok, now for the explanation of the Pivot Points, the figures you see are all based on Nifty Spot Prices and Future Position maybe taken at the corresponding Nifty Spot Prices, Long-1 is where if the Nifty Spot if reaches and doesnot break down you can take a long postion and Long-2 is where it may face Resistance & same goes for Short-1 Short-2, Keep adjusting your S/L as the market keeps moving so that even if it moves against your position you still end up with a little profit if the S/L triggers, ofcourse may not always trigger for Profit....

Any more Questions Feel free to ask.

Seeya
SavantGarde
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  #10  
Old 2nd November 2006, 11:49 AM
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Default Re: Nifty Pivot Points for 2nd Nov. 2006

Quote:
Originally Posted by SavantGarde View Post
NIFTY SPOT CLOSELONG - 1 LONG - 2SHORT - 1 SHORT - 2TRAILING S/L

3767.053775.05 3790.253736.75 3713.556.90


STOP LOSS FOR PREVIOUSLY HELD LONGS IN NIFTY FUTURES IS 3728.00


Seeya

SavantGarde
UPDATE

Nifty Future Faces some resistance at 3798.00 crossing this one will see 3830.00

Seeya

SavantGarde
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