101% sure intraday trading method

#61
DLF:
Date O C L H
28-Jun-12 193.80 194.45 191.3 195.4
29-Jun-12 196.75 198.55 196.3 200
2-Jul-12 198.45

Nifty:
28-Jun-12 5148.95 5,149.15 5,125.30 5,159.05
29-Jun-12 5191.25 5,278.90 5,189.00 5,286.25
2-Jul-12 5,283.85
now i got u ..............

What diff u r getting is bcoz u r taking the o ,c , l ,h of nifty although u have to take the value of nifty corresponding to the stock..............

if u see the uploaded img there % change value of stock and nifty at same point only .

suppose u are going to take low value
then u have to take nifty value corresponding to low of stock ..............
NOT THE LOW VALUE OF NIFTY


OTHER THING WHY U R NOT GETTING RIGHT VALUE OF LOW

TWIST :::::

if u r seeing trend is very +ve u r taking value 3.5 in stead of 7 for high.

but why u forget low .............

if trend is very very strong on upside u divide 7/2 =3.5 for high
so for low u r not thought of 7*2 = 14 the divide value..........
 

reachjj

Active Member
#63
now i got u ..............

What diff u r getting is bcoz u r taking the o ,c , l ,h of nifty although u have to take the value of nifty corresponding to the stock..............

if u see the uploaded img there % change value of stock and nifty at same point only .

suppose u are going to take low value
then u have to take nifty value corresponding to low of stock ..............
NOT THE LOW VALUE OF NIFTY


OTHER THING WHY U R NOT GETTING RIGHT VALUE OF LOW

TWIST :::::

if u r seeing trend is very +ve u r taking value 3.5 in stead of 7 for high.

but why u forget low .............

if trend is very very strong on upside u divide 7/2 =3.5 for high
so for low u r not thought of 7*2 = 14 the divide value..........
Ah......I understand now, why you were asking to get the values from the chart and not from the historic prices.....

But stil unsure on how do you identify how much you need to devide by for low and high and how it gets changed on different conditions....

Today DLF underperformed on opening, so how can it be bullish? Is it because it was bullish for last 2 days?
 
#65
Ah......I understand now, why you were asking to get the values from the chart and not from the historic prices.....

But stil unsure on how do you identify how much you need to devide by for low and high and how it gets changed on different conditions....

Today DLF underperformed on opening, so how can it be bullish? Is it because it was bullish for last 2 days?

NO IT IS NOT UNSURE..................
u to watch carefully ........
U JUST ENTERED IN THE METHOD AFTER HAVING EXP. THESE THINGS ARE REALLY CATCHY

yes u got this if u see last 2 day data u see all value are +ve............
 

Shailu

Active Member
#66
i understant that u provide the buying and selling range but i wana ask that if buying range comes than sure selling range will come or if selling range comes than sure buying range will come.
now ur selling area is 202.5 but if any 1 sell there than after that 206.25 gone.

in that case what to do.
 

reachjj

Active Member
#67
NO IT IS NOT UNSURE..................
u to watch carefully ........
U JUST ENTERED IN THE METHOD AFTER HAVING EXP. THESE THINGS ARE REALLY CATCHY

yes u got this if u see last 2 day data u see all value are +ve............
ok.... So correct me if I am wrong...there could be 9 combinations of market conditions.....

Stock trend based on last 2 days movement

1. Bullish
2. Bearish
3. Neutral or Range bound

Stock opening comparing to Nifty

1. Outperform
2. Under perform
3. On Par with Nifty

---------------------------------------------------------

Can we have a table of these 9 combinations (3*3) and values for Low and High to show the devider....(3.5, 7, 4, 5 etc)

Thanks
 

udi1970

NSE FUTURES INTRADAY
#68
now ur selling area is 202.5 but if any 1 sell there than after that 206.25 gone.

in that case what to do.
Wizard Trader has advised of using a stop of Rs. 1.5 from the buy/sell point. So you will need to square off position at rs. 204 incurring rs. 1.5 loss per share.

If you can get the values from the Intraday line chart with some accuracy as advised by Wizard Trader, then you yourself will be able to find the range of DLF everyday..
 

reachjj

Active Member
#70
now i got u ..............

What diff u r getting is bcoz u r taking the o ,c , l ,h of nifty although u have to take the value of nifty corresponding to the stock..............

if u see the uploaded img there % change value of stock and nifty at same point only .

suppose u are going to take low value
then u have to take nifty value corresponding to low of stock ..............
NOT THE LOW VALUE OF NIFTY


OTHER THING WHY U R NOT GETTING RIGHT VALUE OF LOW

TWIST :::::

if u r seeing trend is very +ve u r taking value 3.5 in stead of 7 for high.

but why u forget low .............

if trend is very very strong on upside u divide 7/2 =3.5 for high
so for low u r not thought of 7*2 = 14 the divide value..........


Wizard Trader, I was under the impression that, we are dividing by 3.5 to get the high value..... Are you saying that if the market is range bound and the stock opens with same % as nifty, then to get low and high we should use 7 only....and not 3.5?
 

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