real magical strategy for you .

[kcsusha]

Nifty Spot High in Jan 2012 was 5217 made on 27/1/2012. We have to
watch Nifty closing of Feb onwards to see whether 5217 is broken or not?
By the way, Figures furnished are Nifty Spot I think sir.

 

[ethan hunt]

These rules may be called MAGICAL STRATEGY RULES:

1) Watch Jan High on Monthly basis/charts.
2) Feb thru Nov watch if Monthly Close is above Monthly High of Jan. (Does it mean we watch Closing Price on last trading day of the month ?).
3) If Monthly Close is above Monthly High of Jan then Buy at Open on First day of subsequent Month.
4) Trade can be done in month of March to Dec.
5) Close position in end Dec.
6) Go to step 1 in New Year Jan.
7) SL Monthly Close below Monthly High of Jan.

Amendments for betterment are invited.

 

[vinst]

2012 is on the verge of becoming a bullish one as of now.

 

[rajsumi121]

2012 is on the verge of becoming a bullish one as of now.

agree ... but with stop loss of 5217 on monthly closing basis .

 

[mangup]

If we close this month below 5217 then we will be exit from long. I have to two queries?
1. If we close below 5217 till Feb end. We will be long only if monthly close of any subsequent month is above 5217. We will have to wait till then, right?
2. If we don't get any such opportunity till Jan-13, we will only be loosing the time.
3. I think this strtgy is not suggesting going short till any such opportunity exists mentioned in pt.2 above.

 

[ethan hunt]

WELL ! HERE WE GO:

These rules may be called MAGICAL STRATEGY RULES:

1) Watch Jan High on Monthly basis/charts. = 5217
2) Feb thru Nov watch if Monthly Close is above Monthly High of Jan. (Does it mean we watch Closing Price on last trading day of the month ?). = 5385
3) If Monthly Close is above Monthly High of Jan then Buy at Open on First day of subsequent Month. BUY TOMMORROW AT OPEN.
4) Trade can be done in month of March to Dec.
5) Close position in end Dec.
6) Go to step 1 in New Year Jan.
7) SL Monthly Close below Monthly High of Jan. = 5217

Amendments for betterment are invited.

 

[rajsumi121]

WELL ! HERE WE GO:

These rules may be called MAGICAL STRATEGY RULES:

1) Watch Jan High on Monthly basis/charts. = 5217
2) Feb thru Nov watch if Monthly Close is above Monthly High of Jan. (Does it mean we watch Closing Price on last trading day of the month ?). = 5385
3) If Monthly Close is above Monthly High of Jan then Buy at Open on First day of subsequent Month. BUY TOMMORROW AT OPEN.
4) Trade can be done in month of March to Dec.
5) Close position in end Dec.
6) Go to step 1 in New Year Jan.
7) SL Monthly Close below Monthly High of Jan. = 5217

Amendments for betterment are invited.

very true ....

 

[satyen2073]

hi
howz trade on this method? if colse wil up and buy mode so sl is tooo long i hit then?????????????????? sl fix is importent and when entry and exit tht also state wit ex.plz

 

[onlinegtrash]

'Magical Formula' seems to be partially working even if we pick any arbitrary (say April) month and traded with risk management (i.e SL) and money management

Alright my aim is not fault finding, trend following works, this is one nice trend following idea, thanks!

 

[coolharsh20]

can someone provide nifty intraday charts from 2002 or later.... or can provide links to it........