Ok let me explain it. May be many of you already heard about it, just like some of my friends have already read about it. But none has analysed, studied and paper traded on it. So even if you know it, then paper trade it for 2 weeks, and then see results. If this makes profit for you too, then please reward me with its AFL. thanks
At 9.29 am check the VWAP ( average trade price) of Nifty futures. That you may chcek on your broker terminal or from this link
http://nseindia.com/live_market/dyn...ument=FUTIDX&expiry=25AUG2011&type=-&strike=-
Now put this VWAP value in this Gann square calculator
http://pivottrading.net/pivot/pivot/gann.html
you will get Buy Sell Levels with Tgt and SL. Follow these Levels. And then see results . Take it seriously and must paper trade on it. You may blend technical analysis with it. Like if it says Buy above 5047, Tgt 5065-5083, SL 5039. 5047 broken And your charts says that it will come down before going high, then you may wait and buy 5037 when it comes 10 pts down. But This way I missed very big profits many times. As few times I bought low after it broke buy level and came 10-12 pts before going up. So next times I waited again to buy low but it went only up and huge up after breaking level and leaving me behind regretting my decision. Same for shorts.
At 9.29 am check the VWAP ( average trade price) of Nifty futures. That you may chcek on your broker terminal or from this link
http://nseindia.com/live_market/dyn...ument=FUTIDX&expiry=25AUG2011&type=-&strike=-
Now put this VWAP value in this Gann square calculator
http://pivottrading.net/pivot/pivot/gann.html
you will get Buy Sell Levels with Tgt and SL. Follow these Levels. And then see results . Take it seriously and must paper trade on it. You may blend technical analysis with it. Like if it says Buy above 5047, Tgt 5065-5083, SL 5039. 5047 broken And your charts says that it will come down before going high, then you may wait and buy 5037 when it comes 10 pts down. But This way I missed very big profits many times. As few times I bought low after it broke buy level and came 10-12 pts before going up. So next times I waited again to buy low but it went only up and huge up after breaking level and leaving me behind regretting my decision. Same for shorts.
Buy at / above: 5238.14 Targets: 5253.62 - 5271.75 - 5289.91 - 5308.11 Stoploss : 5220.06
Sell at / below: 5220.06 Targets: 5204.61 - 5186.59 - 5168.59 - 5150.63
Stoploss : 5238.14 so as per data now i buy at 5238 and put SL 5220 and wait for target if mkt hit Sl then i go short pls tell me opinion thankyou :thumb: