Trading Nifty by Levels

morning trade: long @4794. kept SL too close and it got hit at 4813 :mad:. nifty went on to make high of 4845...what a loss (of potential profit).

afternoon trade: long @4792. kept SL atleast 10-15 pts away. finally SL got hit at 4824. On 1min chart 4824 was the pivot low after it made a high of 4834. made good profit of 30 pts after brokerage :D :clap:.

In all the excitement I forgot that senti level was at 4831. So made 2 mistakes:
1. should have moved SL to 4831.
2. should have shorted around 4831.

Well...there is always a tomorrow.
My Guess of 4827 Shorting was right na... :thumb: its not my guess Khush ji Levels sheet
 

msa5678

Well-Known Member
ya i will upoad them again but not finding time as i deleted prev. one
yesterday after reading Laksh post i stopped work on excel sheet
now searched some afl n doing some changes and then u have to do nothing............ just nothing give it live data feed n it will tell when to buy n sell not for nifty but for stocks as well. it draws levels itself.
i m copying material from here n there(sorry to say)
today doing the first trial run.......
Laksh opened my eyes n now doing everything in simple manner so that every body can understand......
sorry for wasting time for past 20 days..... :mad::mad::mad:
Hi Khushi,

Finally, finished reading all the posts. It was really interesting.

Alas, my thanks button exhausted. So a manual:thanx:

Appreciate your efforts in developing the AFL. Please include me in the list of persons who are going to get this.

Regards
 

khushi00

Well-Known Member
first trgt of short when spot at 4790
2nd trgt when spot at 4782
 

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