Nifty Trading based on EOD

[pannalal]

NSE CNX Nifty (Future) Signal for 29 Oct 2013
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24
Sell (Short) at 6064.86 with target of 5939.49 and Stop Loss of 6117.10

Disclaimer: The above signal is given by automatic trading system developed by me and I shall not be responsible for any loss occurred.

 

[pannalal]

NSE CNX Nifty (Future) Signal for 30 Oct 2013
Closing Price on 29 Oct 2013 was at 6228.95
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24
Sell (Short) at 6064.86 with target of 5939.49 and Stop Loss of 6117.10

Disclaimer: The above signal is given by automatic trading system developed by me and I shall not be responsible for any loss occurred.

Note: Everything remains same, however, hopefully, tomorrow you may Buy (Long) at 6261.48.

 

[carnot11]

First thing, I do not do trading. I am a software engineer and my job is developing software not trading. I have developed a simple automated trading strategy. After day end, it tells at what point you should go long (with stoploss and target) and what point you should go short (with stoploss and target). For example, on 10 Sep 2013, it gave long signal at 5,898.95 with stoploss of 5,702.45 and target of 6,370.55. On each day, it gives signal both for buy (long) and short (sell). Whichever occurs on next day, you need to execute, otherwise no trade. Once, you have taken a position, do not enter into another trade till you exit from the current one irrespective of the buy or sell signal. I have tested it from October 2008 to September 2013. Below, I give summary for NSE_CNX_Nifty (for 5 years from October 2008 to September 2013):

Summary .........

.............

I shall give all the above buy, sell indicators absolutely free for all members to test.

Thanks to all.

NSE CNX Nifty (Future) Signal for 30 Oct 2013
Closing Price on 29 Oct 2013 was at 6228.95
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24
Sell (Short) at 6064.86 with target of 5939.49 and Stop Loss of 6117.10

Disclaimer: The above signal is given by automatic trading system developed by me and I shall not be responsible for any loss occurred.

Note: Everything remains same, however, hopefully, tomorrow you may Buy (Long) at 6261.48.

Hello Pannalal,

Thank you for your posts.

Please confirm that summary results are for Nifty Spot and calls are for Nifty Futures.

Do you have the summary for Nifty Futures ? How do they fare ? Can we expect results similar to Nifty Spot.

Enjoy,
CArnot

 

[yankeetrader]

NSE CNX Nifty (Future) Signal for 30 Oct 2013
Closing Price on 29 Oct 2013 was at 6228.95
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24
Sell (Short) at 6064.86 with target of 5939.49 and Stop Loss of 6117.10

Disclaimer: The above signal is given by automatic trading system developed by me and I shall not be responsible for any loss occurred.

Note: Everything remains same, however, hopefully, tomorrow you may Buy (Long) at 6261.48.

And what should traders do between 6261 and 6064 : This is 200 point range. and lots of money can still be made within this range

 

[pannalal]

Hello Pannalal,

Thank you for your posts.

Please confirm that summary results are for Nifty Spot and calls are for Nifty Futures.

Do you have the summary for Nifty Futures ? How do they fare ? Can we expect results similar to Nifty Spot.

Enjoy,
CArnot

Yes, the summary results are for Nifty Spot and calls are for Nifty Futures. You can expect results similar to Nifty Spot because the method has been tested on 32 stock exchanges. The result was always positive in all 32 stock exchanges, however, in 2 stock exchanges, it was less than the buy and hold (or sell and hold in case of index gone down). Although, there are cases when 7 consecutive losses taken place. However, overall results are very good.

 

[pannalal]

And what should traders do between 6261 and 6064 : This is 200 point range. and lots of money can still be made within this range

This strategy for day end traders and there will be only 3 to 4 trades in a month. It is for those people who are not regular traders, so, they can just inform their broker and attend the office from 9 AM to 5 PM (or whatever time they like).:lol:

 

[yankeetrader]

This strategy for day end traders and there will be only 3 to 4 trades in a month. It is for those people who are not regular traders, so, they can just inform their broker and attend the office from 9 AM to 5 PM (or whatever time they like).:lol:

but still 200 points.. pl will be wetting their pants while in office..

 

[dipendu]

Hi Yankeetrader,

I think Pannalalji given stop loss of 52.25 points. i.e.
Closing Price on 29 Oct 2013 was at 6228.95
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24
Sell (Short) at 6064.86 with target of 5939.49 and Stop Loss of 6117.10

 

[dipendu]

Hi Pannalalji

Today entry executed and in hold with sl of 6209.24 for target of 6386.85.

 

[pannalal]

but still 200 points.. pl will be wetting their pants while in office..

Please read carefully. It says:
Buy (Long) at 6261.48 with target of 6386.85 and Stop Loss of 6209.24

So, if you go long, either you earn 125.37 points or lose 52.24 points. Of course, there may be slight slippage and you need to pay commission to broker and Transaction Tax. But, there is no 200 points gap. I hope, I am clear now.