Trading Nifty by Levels

khushi00

Well-Known Member
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!
for such situations i use standard settings but 5min or 3 min time frame
*************************************
friends i am getting offline in 10 mins, so if any doubt then plz ask............
 
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athreya

Active Member
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.
Oh Maths teacher... Myself highest scorer in negative divergence :lol:... Hence you are so fluent in analyzing these numbers..

Khushi Ji,

One question :
What is the range of divergence should we enter Long or Short. Eg : Divergence is -2 and we enter short, then as you said there could be Whipsaw or viceversa for Long... Do you have any specific divergence numbers in mind or just a combination of Volume, trend etc.
 

khushi00

Well-Known Member
nothin like as such
TREND from options, volumes n simple crossover............. Works fine!
like now open interest of futures n options is down.....
Thats y nifty holding near specific value
I treat MACD as lagging indicator but confirms trend ....... so no need to go in depth of indicator which itself lags
 

khushi00

Well-Known Member
All calls are still bullish n puts bearish
so tug war between trend of options n trend of macd
 

khushi00

Well-Known Member
plz watch along with me.......
now i am seeing good volumes around 5118 so rather shorting @ 5115 for 5110
try to long @ 5115 for 5120
 

khushi00

Well-Known Member
Bye friends!
just now i saw again it reached 5115.5
and hit 5120.5
Now i wont play more today with nifty else she will get angry..........
:gun2::gun2::gun2::gun2:
 

khushi00

Well-Known Member
for such situations i use standard settings but 5min or 3 min time frame
*************************************
friends i am getting offline in 10 mins, so if any doubt then plz ask............
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!
so today macd gave sell signal around 5015* then high volumes @ 5118
then rest @ 5115
then high volumes @ 5111
so finally reach 5083
around 30 points u can add.........

*5115
 
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khushi00

Well-Known Member
Hi Friends
I am ready with Excel Sheet for Volatility Levels of Nifty
Today it gave buy call @ 5072 then confirmed buy @ 5108
with trgt of 5132
Its like gann levels but more specific.....

Again repeating procedure.....
>Dont put request here n there
>just click thanks button i will send file through PM
>if PM is not enabled then click thanks n send me a mail with traderji id in ur
subject.
>Giving thanks is not compulsory, remove it after u get file. (Its ur wish)
 

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