NIFTY Futures Mechanical Trading

[aabhi06]

Vinodji,
gr8 going , your support and resistance lvl superb finding.
Today below 4512 market was down to 4395 , after sopport gone its came down more than 115 ponts !
Thanks for reglarly updation .
--- ABHISHEK.

 

[columbus]

dear vinodji
Thank you for the wonderful job done by you.i am new to futures & this is ultimate trading system one needs.i thorougly searched internet and found no clear trading system that was free like yours.The only FEAR we all followers have is a fine day when you STOP posting support & resistance,b'cos in this traderji itself there are not more than 3-4 continous threads.

please be with us.

You can calculate tomorrow RESISTANCE and SUPPORT levels for yourself, based on today's HIGH (h), LOW (l) and CLOSE (c).

Pivot(p)=(high+low+close)/3

Resistance=2p-l
Support=2p-h

 

[vinst]

Vinodji,
gr8 going , your support and resistance lvl superb finding.
Today below 4512 market was down to 4395 , after sopport gone its came down more than 115 ponts !
Thanks for reglarly updation .
--- ABHISHEK.

4512 was not supoprt. It was a resistance level in a long trade.

regards,
vin

 

[optionstrader]

Hi Columbus & Vinod Ji,

Thanks for your guidance for calculating Support & Resistance.
Kindly, guide, i have calculated the levels :

Today's HIGH (h), LOW (l) and CLOSE (c).


Pivot(p)=(high+low+close)/3

Resistance=2p-l
Support=2p-h


4537 4395 4443/3

4458

R = 2x4458-l=8916-4395=4521
S= 8916-4537=4379

Are my calculations right ? coz, vinod jis, levels are different from mine.
Kindly guide.

Regards

 

[daydreamer94]

Vinodji,

Are we still long???

 

[pravinaca]

Hi Vinodji,

Are we long or short?

Pravin

 

[udaykali]

Dear
can we remain in long nifty

 

[mansukh]

Hi Vinodji,

Are we long or short?

Pravin

As of now support was not breached for more than 1-2 mins. so i suppose we r still LONG...

 

[nadodav]

we are still LONG.

 

[nadodav]

Changed position. now SHORT