Pivot Based Trading (modified) 1:1 risk reward ratio

[skgarg]

Hi radha

Can u tell the formula u are using to calculate these pivots and R/S values.

 

[radha55]

No calls triggered.

entire day market was between Pivot and R1.

 

[radha55]

R3 R2 r1 Pivot S1 S2 S3
4331.68 4296.76 4273.48 4236.62 4199.76 4176.48 4141.56

Price of Nifty Futures at 10:25 - 10:30. = 4275-4285.

This is between R2 and R1.

Buy above R2 (4296).
0.5% = 4317 (achieved)

Now we take 4317 as base. This is between R2 and R3.

Buy above R3.(4331)
stoploss 4309 (stoploss hit)

Now we take 4309 as base. This is between R2 and R3.

Buy above R3.
Buyed at 4331.
0.5% profit=4352. (achieved).

Total profit = 0.5 - 0.5 +0.5 = 0.5% = 22 points.

 

[radha55]

R3 R2 r1 Pivot S1 S2 S3
4331.68 4296.76 4273.48 4236.62 4199.76 4176.48 4141.56

Price of Nifty Futures at 10:25 - 10:30. = 4275-4285.

This is between R2 and R1.

Buy above R2 (4296).
0.5% = 4317 (achieved)

Now we take 4317 as base. This is between R2 and R3.

Buy above R3.(4331)
stoploss 4309 (stoploss hit)

Now we take 4309 as base. This is between R2 and R3.

Buy above R3.
Buyed at 4331.
0.5% profit=4352. (achieved).

Total profit = 0.5 - 0.5 +0.5 = 0.5% = 22 points.

I am a paper trader. Trade based on your risk.

 

[kakaji]

http://img170.imageshack.us/i/nifty.gif/

Radha u called it a spam...i had posted link to this pivot chart...check nifty levels....and 4375 in pink....i think we closed there....and all other levels also...have perfected my way....this levels of pink colour been prepared on 2 nd july .....check some scrips levels also....this chart is mix of daily/weekly /monthly...all it says.... 90 % correct...This is part of the charts print screen...full chart is too big ..hence had given link....u did not care to open it and see also....called it a spam....jut too overconfident ...closing rate of 14 th last prepared,,,,after that on tour so new on monday it will be ready...u want to see it ...inform then i will send u...not intrested in spam

 

[radha55]

http://img170.imageshack.us/i/nifty.gif/

Radha u called it a spam...i had posted link to this pivot chart...check nifty levels....and 4375 in pink....i think we closed there....and all other levels also...have perfected my way....this levels of pink colour been prepared on 2 nd july .....check some scrips levels also....this chart is mix of daily/weekly /monthly...all it says.... 90 % correct...This is part of the charts print screen...full chart is too big ..hence had given link....u did not care to open it and see also....called it a spam....jut too overconfident ...closing rate of 14 th last prepared,,,,after that on tour so new on monday it will be ready...u want to see it ...inform then i will send u...not intrested in spam

Ok. you may post that image here, if moderators dont have any problem.

I thought it span because all of a sudden, you posted link or chart or table which was not directly related to thread. and that too at 2-3 places.

sorry if u felt bad.

 

[kakaji]

Here is chart for Monday 20-07-09

Remove space

http: //file1.hpage.com/000215/03/html/alllevels_nse_sheet1.htm

Middle four columns in Blue numericals are daily/weekly 2/monthly Averages or support/resistance above it good for long below it negative means downwards levels...

In blue avg that is for intraday left to it green 3 upside...right3 green downside
similarly match avg column with respective colour columns for upside and downside levels...little confusing but simple..on basis of this can go long with out triggering intraday stoplosses...Nifty intraday support 4331 above it good but see monthly average we have to be above 4375 then we can touch 4608 and next 4925 ( this will get refresh on 2 August).
Pink changes monthly once
Light Yellow weekly once on Mondays
Orange and Green daily refreshed

Match all levels on daily basis ....90 % correct result.

check Sesa and ITC...222 and 232 i had in charts

 

[radha55]

Nifty Futures Analysis for 20th July 2009

At 10:25 - 10:30 am, the prcie of Nifty Futures was 4407-4427.

This is between R1 and pivot.

So buy above R1 and sell below pivot

buy at pivot (4435.26)
0.5% Target = 4457.175(achieved)

now 4457 is between R1 and R2. So buy above R2 and sell below R1.

Buy above R2(4489.03) triggered.
0.5% Target = 4511.445 (achieved)

Profit for today = 0.5 + 0.5 = 1%. 44 points.

 

[radha55]

Nifty Futures Profit for Today 21st July 2009.

At 10:25 10:30 am, Nifty Future was at 4460-4474.

This is between Pivot(4478) and S1(4438)

So, as per rule, we buy above Pivot and sell below S1.

Buy above Pivot(4478) triggered at 10:53 am.

0.5% Target = 4500 (achieved at 11:06 am).

Now we look at 4500.

This is between Pivot(4478) and R1(4549).

So we buy above R1 and sell below Pivot.

Sell below Pivot(4478) triggered at 11:35 am.

0.5% Target = 4455.61 (achieved at 12:19 pm)

Now we look at 4455.

This is between Pivot(4478) and S1(4438).

So we buy Pivot and sell below S1.

Buy above Pivot(4478) triggered at 1:30 pm.

0.5% Target = 4500 (achieved at 2:35 pm)

Total Profit for today = 0.5 +0.5 +0.5 = 1.5% = 66 points.

I am paper trader.
Trade based on your risk.

 

[radha55]

Nifty Futures Profit for Today 22nd July 2009.

At 10:25 - 10:30 am, the price of Nifty Futures was around 4517 - 4530.

This is between R1(4508.2) and R2(4543.05).

So as per rule, we buy above R2 and sell below R1.

Buy above R2(4543) triggered at 10:5 am.

0.5% Target = 4565.715 (achieved).

Now we take 4565. This is between R2(4543) and R3(4578.1).

So we buy above R3 and sell below R2.

Sell below R2(4543) triggered at 11:50 am.

0.5% Target = 4520.285 (achieved)

Now we take 4520. This is between R1 and R2.

so we buy above R2 and sell below R1.

Sell below R1(4508) triggered at 12:30 pm.

0.5% Target = 4485.46 (achieved).

Now we take 4485. This is between R1(4508) and Pivot (4473)

So we buy above R1 and sell below Pivot.

Sell below Pivot(4473) triggered at 12:45 pm.

0.5% Target = 4450.635(achieved)

Now we take 4450. This is between Pivot and S1.

So buy above Pivot and sell below S1.

Sell below S1(4438.3) triggered at 1:00pm.

0.5% Target = 4415.81 (achieved).

things go on ...........

Total Trades for today = 5.

Tota profit for today = 0.5 + 0.5 +0.5 +0.5 +0.5 = 2.5% = 120points.

Profit of 6000+ with one lot of Nifty.

I am paper trader.
Trade based on your risk.