Trading Nifty by Levels

[khushi00]

right now volumes are higher above then 5111 n not below 5111 so keep small SL of 5118-5120 if shorted at 5115
and such contradictory situations give only 5-6 points
i saw touchin it 5109-5108 and again 5121
so when crosses 5115 below then 5110
if crosses above then trgt 5120
for level of 5115

 

[khushi00]

right now sheet says around 5111 and i saw good volumes around 5115 so i will term this as senti level
so now i am closing this topic of senti level as i hope that u understand it !!
Mind it! this all works well in range bound
if market is trending then TREND is FRIEND

 

[khushi00]

In morning i was busy in mailing to timepass for the file required by him so entered at wrong level of 5062
but in morning macd crossed up, volumes were high, options trend slowly pushed up n thats all calls showed uptrend around 5095-5100 so keep targts high of 15-20-30 points
n NO SL at all
so without losing time i immediately bought 300 nifties
150 to cancel prev. short n 150 for fresh long

 

[khushi00]

see all calls uptrend showed their work
they dragged nifty from 5099 to 5128
now sentiments of traders is working
nifty hovering around 5115, check volumes they r most around this level but be cautious keep eye on calls n macd
for me calls r bullish, macd in bearish so SMALL SL n SMALL profit strategy
unless any big player comes in or any news shakes market
or traders sentiments shift to some other level

 

[athreya]

see all calls uptrend showed their work
they dragged nifty from 5099 to 5128
now sentiments of traders is working
nifty hovering around 5115, check volumes they r most around this level but be cautious keep eye on calls n macd
for me calls r bullish, macd in bearish so SMALL SL n SMALL profit strategy
unless any big player comes in or any news shakes market
or traders sentiments shift to some other level

What a contrasting day ? when Khushi was not in yesterday market din't move today it is moving like anything...:clapping:

 

[khushi00]

From tomorrow i wont discuss anything about sentimental level
so if any question about the same plz ask now
as while writting above i again saw nifty gone 5120
stopped @ 5115 for 2 mins then 5110
easy bucks if Brokerage is low

 

[khushi00]

What a contrasting day ? when Khushi was not in yesterday market din't move today it is moving like anything...:clapping:

athreya sorry didn't get u
plz explain.......

 

[athreya]

athreya sorry didn't get u
plz explain.......

Yesterday i mean monday was very dull day till late afternoon i think ..Nifty was rangebound ...Since i missed early entry in the morning i waited long long time for re-entry..Today its running with some pace... Hope its clear

 

[khushi00]

One thing more if nifty takes much rest around senti level
then its like SLEEPING DRAGON
even single click can move sentiments of traders so keep close eye on macd
and if it whipsaws then DONT TRADE!

 

[khushi00]

Yesterday i mean monday was very dull day till late afternoon i think ..Nifty was rangebound ...Since i missed early entry in the morning i waited long long time for re-entry..Today its running with some pace... Hope its clear

ya, actually yesterday my daughter not slept in morning so i was busy in caring her
Actually u can say that she's good luck for me!
coz i left my job of maths teacher after her birth but now by GOD's grace i m earing double than job but paying half the time.