Best Nifty Strategy-Must Read

[eXimius]

I usually take help from
Volatility
Buying/selling pressure
Call-put ratio
Volumes
Macd wid std settings
Pivots
Camarilla levels
And current news
To decide my levels of long n short
Its always easy to win in a trade but tough to keep on winning trades so always beware of sidewise market as it will wipe all ur profits and anybody can get trapped in whipsaws.
In trending markets even a simple strategy of ema crossover will work.
My advice is to never trade in sidewise market as its better to have no profit than to loss.
During up or down market, targets r huge n u can easily average ur no trade days.
Overcome ur greed n take trading as bussiness not as gambling.
Use some mathematical calculations to determine market direction rather than guess work.
Nowadays i m also considering open interest but its little bit tough for me to understand.
Again saying, above r my views and not meant for hurting anyone!

How do we identify the buying/ selling pressure??

 

[khushi00]

First method is direct no. of buyers or sellers that u can check in ur broker's terminal (heading like TBQ)
second method is by verifying pricing of call and put
see link http://www.pivottrading.net/pages/niftyTrendFinder.php

NEVER USE THIS METHOD FOR POSITIONAL TRADES (WORKS ONLY INTRADAY)

 

[khushi00]

First method gives accurate results when no. of buyers is atleast double of no. sellers or vice versa
Second method gives confirmed result when one side percentage is more than 80%
these types of methods gives a temporary momentum to price so u can make small profits with small stoploss like 5 points each side.
in case market shifts from sidewise to trending then profits may reach 40 points n stoploss still of 5 points

 

[khushi00]

For Live Put Call Ratio
Download: View attachment 17193

 

[Nehal_s143]

Buy At OR Above 5329 StopLoss 5311
Sell At OR Below 5311 StopLoss 5329

Targets (For Long) 5345 5363 5381 5400 5418
Targets (For Short) 5295 5277 5259 5241 5223

 

[Nehal_s143]

Sell call t1 hit let c t2 will hit or not....

 

[haushang]

trgt 2 achievd yapeeeeeeeeeeeeeeeeeeeeeeeeeee

 

[asnavale]

Sell call t1 hit let c t2 will hit or not....

Sell T2 reached

-Anant

 

[sikandar]

Sell T2 reached

-Anant

:clap::clap::clap::clap::thumb:

 

[khushi00]

Dont wait for target 3 as nifty spot holding support at 5257