Trading Nifty by Levels

[hmsanil]

booked 1st trgt 4877
*********************
booked 2nd trgt 4862
**********************
eximius u know na that y today i shorted lovable at 374 and covered 3/4th at 368

Hi Khushi,

How did u short at 374?

 

[rahul321]

Shorted nifty at 4893

please tell how you decided, short at this level.

 

[rahul321]

booked 1st trgt 4877
*********************
booked 2nd trgt 4862
**********************
eximius u know na that y today i shorted lovable at 374 and covered 3/4th at 368

please tell me too y u shorted at 374.

 

[khushi00]

Hi Khushi,

How did u short at 374?

oh ho nothing new
I always run MACD for my selected stock with standard settings of 12,26,9 in time frame of 3mins or 5 mins
thats it!
today macd showed down trend crossover at 374
i always use 1% as 1st targt simple.
i never trade nifty alone and always keep 1-4 stocks as back up.
Thanks to GOD!, by this method, not a single day my earnings are negative.

 

[rahul321]

oh ho nothing new
I always run MACD for my selected stock with standard settings of 12,26,9 in time frame of 3mins or 5 mins
thats it!
today macd showed down trend crossover at 374
i always use 1% as 1st targt simple.
i never trade nifty alone and always keep 1-4 stocks as back up.
Thanks to GOD!, by this method, not a single day my earnings are negative.

thanks for this explanation, please tell for nifty too, how u decided short.

 

[khushi00]

Also due to MACD crossovers
i reverse traded LOVABLE again
bought at 371 and covered at 374 again

 

[rahul321]

Also due to MACD crossovers
i reverse traded LOVABLE again
bought at 371 and covered at 374 again

the reason i am asking the reason for nifty short is because, i shorted at 4855, with SL of 4865 and target of 4845.
reason for this trade was that at this time CE from 4500 to 5500 were bearish and PE from 4800 to 5500 were bullish.

but it hit my SL.

also at this point sentimental level by your sheet was 4868 for uptrend and 4898 for downtrend.

 

[hmsanil]

oh ho nothing new
I always run MACD for my selected stock with standard settings of 12,26,9 in time frame of 3mins or 5 mins
thats it!
today macd showed down trend crossover at 374
i always use 1% as 1st targt simple.
i never trade nifty alone and always keep 1-4 stocks as back up.
Thanks to GOD!, by this method, not a single day my earnings are negative.

Thanks a lot for your explantion. Is Lovable stock is having any major news?

 

[haushang]

khushi i received your sheets and it seems that i missed lots of things from last 2 week it's feeling sad and khushi if i missed some thing to receive from u than plz send me it's request and thanks for remembering me and sending me those sheets

 

[khushi00]

thanks for this explanation, please tell for nifty too, how u decided short.

since morning nifty seems to be bearish
volatility sheet says to sell at 4846 and mean is 4882 so i choose 4882
as current days volatility is quite high
then not to forget senti level was around 4893-4896 for down trend (check sheet)
so simply shorted at 4893 with SL 4915 todays high and must have purchased at 4917 as per volatility level of buy if SL hit.
then MACD confirmed down trend at around 4883 so waited for 2nd trgt now waitin for 3rd trgt of 4840
Got it????