Going With The 60min Flow!!!

[TFL]

czar , we cant consider 3861 a pivot till 3966 spot is taken out ... till then the SAR remains unchanged

Didn't get you. Why you have said about SPOT here? We are trading in FO.

 

[rakeshluthra430]

are we raising sl to 3863 - 15 = 3848.......if this hourly bar remains bullish????

Correct...we wait till 1pm to raise our stops.

And an Add coming up too...3984+7, Im sure you know it.

 

[rishig38]

Can anyone post new add levels and SAR for Nifty, ABAN and L&T??

 

[niftychance]

czar , we cant consider 3861 a pivot till 3966 spot is taken out ... till then the SAR remains unchanged

No need for a higher high to define a pivot low, just need a rally after the low, satya also mentioned the same ...

No harm in waiting for a bar to be completed on the right side before we consider pivot low/high and are ready to shift the SL ...

Whats the rush ..., just consider we are trading from a beach in Goa

Thanks

 

[rakeshluthra430]

whats the rush ..., just consider we are trading from a beach in goa

thanks

.......

 

[Czar]

so now 3985+15 would be add

 

[nagakiran]

so now 3985+15 would be add

For add, the room we consider is 7 points..so add at 3985+7
For reversals only, the room is 15 points for NIFTY

 

[rishig38]

so now 3985+15 would be add

3984 + 7....

 

[man4urheart]

At 1 PM move your stoploss to 3848

Current Position Of NIFTY in thread

Position Start Date: 30-Sept-2008
LONG Since : 3904
Stop Loss:3863 - 15 = 3848
Profit/Loss in Current Trade = 3848-3904 = -56 Points

We change our Position to SHORT if NIFTY Trades below :3848

ADD1 = 3984+7= 3991

 

[niftychance]

Whats the rush ..., just consider we are trading from a beach in Goa

Hello Rakesh

By that I indicated the relaxed mind frame part not the inebriated one

Thanks