Best Nifty Strategy-Must Read

[Aarav11]

My Strategy is simple.......i trade with 5 lot of nifty...... Booking profit as suggested by Gann......IF SL hit (No SL hit on this week) i again put the value of next 5 min closing candle to calculator & get the updated value.....& trade as per value.....I am also look for Daily pivot & support + Resistance. Also i always Gann buy value+2 point like today i have 5 lot at 5007 with 4999 SL as per pivot.....Till today i have book 108 point with 4 lot holding 1 lot with TSL 5432

"put the value of next 5 min closing candle to calculator"

So you put LTP or VWAP at that time?

 

[jallanankit]

My Strategy is simple.......i trade with 5 lot of nifty...... Booking profit as suggested by Gann......IF SL hit (No SL hit on this week) i again put the value of next 5 min closing candle to calculator & get the updated value.....& trade as per value.....I am also look for Daily pivot & support + Resistance. Also i always Gann buy value+2 point like today i have 5 lot at 5007 with 4999 SL as per pivot.....Till today i have book 108 point with 4 lot holding 1 lot with TSL 5432

Pls get more clear.. I m asking that as u say u trade 5 lots, so do u book 1 lot on every tgt..??

Next as u say ur TSL is 5432, (it got trigerred just now) and how did u find this level..?? Calculation??

And abt the +2 or -2 Levels..??(any reason for this)

Next if u have sold today as per GANN recomendation.. Sell below 5006(the low made was 5001, so u must have hit the SL today)

 

[ocil]

after 9.30 AM always use LTP...Before 9.30 use VWAP.

 

[ocil]

New Level....at 5446 LTP Buy above 5058+2 At 5060 T-5074-5091-5109-5127-5145
Sell below 5041-2...... at 5039 T - 5025-5008-4990-4972-4955.

for more detail of money management & trading rule after 3.pm.
For first trade book all 5 lot total 135 point.

 

[ocil]

SL for buy call is 5047.50 to 5047.95....

 

[jallanankit]

SL for buy call is 5047.50 to 5047.95....

Nice.. Even my analysis on TSL tells me to keep it at 5047 level..

 

[lasty66]

New Level....at 5446 LTP Buy above 5058+2 At 5060 T-5074-5091-5109-5127-5145
Sell below 5041-2...... at 5039 T - 5025-5008-4990-4972-4955.

for more detail of money management & trading rule after 3.pm.
For first trade book all 5 lot total 135 point.

Hi ocil,
New Level....at 5446 LTP ????????? is that a typo? it should be 5046..

 

[jallanankit]

TSL hit..markets slide..

 

[ocil]

SL hit - 63 point

 

[ocil]

yes its typo error....