Trading Nifty by Levels

khushi00

Well-Known Member
hi khushiji,
nice analysis:thumb:
Can u throw some light on the methods y which u calculated those support and resistance levels......with some chart examples please.i arrived to those levels using gann and murray methods plus intraday chart pivots.:)
prev closes, opens, levels at which nifty rested in past, 200 period EMA, DEMA,TEMA
as all levels r intraday so i keep on looking daily conditions n thn arrive on certain level as resistance or support as these get interchanged also within few days
 
khushi ji,
please add me in your - request group and thank group.
please send me those things required for trading purpose like ami,datafeed and afl etc.,
unable to see the above post which is tagged in sourabhjain2005 posted.
if needed will give my email also. anandeguru @ gmail dot com
please send me too.
 

khushi00

Well-Known Member
Todays support @ 5202 ( Wednesdays low )
Once if broken this level thn i think there will be non stop slide !!!

Next support r 5170 n 5140..

Todays Resistance @ 5280 if trade above this level thn nxt rst @ 5305 & 5330

Again if i might trade thn wil sell @ higher level !!!
 

khushi00

Well-Known Member
Nifty Future zooming on lower level to higher level
These Three days are very crucial days, i think so
RBI Policy, Budget session, Once all have given Positive News, Nifty Future can touch 6000 Mark easily
But hurdle level is 5555.........
Once broken & closes above 5555 & continue Two Days of week close(requirements)
Nifty Futures target wil be 5750 & 5840 so far i estimate
Today's Resistance @ 5480, if trade above thn nxt is 5520, 5555
Today's supports @ 5445 & 5400


i m sorry today i made a mistake as levels were of spot but i wrongly mentioned futures
 
Last edited:

khushi00

Well-Known Member
For me figures r still same
so i m not changing the levels Today also
Today Magic Figure 5555, once if crosses wid volume, 5580 & 5630 will be tested as resistances
OR if not break 5555 and if stays below 5490, thn next support @ 5470 & 5440 & finally 5400
 

khushi00

Well-Known Member
very nice i just saw nifty taking 'U' turn from your support of 5400
Good Going Khushi, Keep it Up !
sometimes supports n resistance interchange like today support of 5440 turned into resistance as nifty opened gap down
 

khushi00

Well-Known Member
Today i feel Nifty facing Resistance @ 5290, if trades above then 5320 & 5350 will be next Resistance level.
Today support @ 5250, if stays below this level, then 5220 & 5190 r next supports.
I would like to say that anybody buying at lower level, keep strict stop-loss @ 5190..
As for me, 5190 is Magic figure, last hope for Bulls, this level if does not take support then i xpect Free Fall.
(Friends,I personally Dont Trade Nifty)
 

Similar threads