Mastering The Trade using Camarilla and self Trading System

[skjanghu]

Hello friends
Levels for 09 Dec 2014 are
S5-8389.45 R5-8590.65
S4-8431.60 R4-8547.90
S3-8460.65 R3-8518.85
S2-8470.35 R2-8509.15
S1-8480.05 R1-8499.45
All levels are for Nifty Future.
LWMA -----8566.45
SAR value - 8565.00
Pivot Point- 8534.25
Trend------Down
Position--- Short @ 8610
Since------ 05 Dec 2014
Points Scored :-
Dec 2014 = -85
Since 10 Sep 2014 = -0206.00 (Loss)

 

[timepass]

While the other levels are comparable, there seems to be discrepancy between our levels for R5 and S5.. I am using the following formulae in excel.

What's your calculation for R5 and S5 ??

 

[skjanghu]

While the other levels are comparable, there seems to be discrepancy between our levels for R5 and S5.. I am using the following formulae in excel.

What's your calculation for R5 and S5 ??

Actually you are right
I am using
R5=R4+R4*0.005 and
S5=S4-S4*0.005
And if I will calculate R6 then
R6=R4+R4*0.01 and
S6=S4-S4*0.01

 

[skjanghu]

Covered my Short position @8400 with profit of 210 points

 

[timepass]

Bearish 315 crossover in Nifty today, but not in banknifty. I guess this crossover will lead to a whipsaw.

 

[skjanghu]

Levels of Nifty Future for 09 Dec 2014 are :-
Open : --8459.00
High :---8477.50
Low : ---8383.00
Close :--8393.45
Thanks and Regards

 

[skjanghu]

Hello friends
Levels for 10 Dec 2014 are
S5-8299.75 R5-8487.65
S4-8341.45 R4-8445.45
S3-8367.45 R3-8419.45
S2-8376.10 R2-8410.75
S1-8384.80 R1-8402.10
All levels are for Nifty Future.
LWMA -----8530.05
SAR value - 8575.00
Pivot Point- 8428.25
Trend------Down
Position--- Nil
Since------ Nil
Points Scored :-
Dec 2014 = +125 (Profit)
Since 10 Sep 2014 = +0004.00 (Profit)

 

[timepass]

.................................

 

[skjanghu]

Jatbhai, the close is 8393.45, it hasn't affected your calculations, but just for the record.

Thanks bro

 

[skjanghu]

Levels of Nifty Future for 10 Dec 2014 are :-
Open : --8368.80
High :---8429.90
Low : ---8367.70
Close :--8407.75
Thanks and Regards