Trading Nifty with Camarilla Pivots...!

[linkon7]

reversed at 5220...

divergence in 5 min...

 

[vinodkiyer]

linkon sir,

cud u please post the afl u use for Nifty if possible, many thanks & happy newyear 2010

 

[linkon7]

linkon sir,

cud u please post the afl u use for Nifty if possible, many thanks & happy newyear 2010

its already posted in this thread...

its just cci -14 and cci-6 plotted on the same chart...

 

[mohhnow]

hi linkon
so the cam levels are moved to the current ltp, as we move along ?

 

[vinodkiyer]

many thanks sir, i will download as soon as markets over

 

[linkon7]

hi linkon
so the cam levels are moved to the current ltp, as we move along ?

cam tells us when the balance is shifted to one side... but when the range gets narrow... and market becomes directionless... it best to trade light and not go agressive.

EOD charts show NF is in overbought zone.. so chances of getting trapped remains high...

even weekly charts points to the same thing...

 

[linkon7]

exited 50% at 5226...
sl 5218 for the rest...!

 

[mohhnow]

hi linkon, past 3 days i copied down the essentials of this thread. Your explanations are just on the dot. Thanks plenty.
Your reversed was precise
mmm. i cant do since the brokerage hits bad.
but you made a beautiful reversal.

 

[linkon7]

reversed at 5229.5

divergence again...

 

[sachinsamani]

Liknon,

Your reversal was too quick. I got in at 5223. Still holding.

Sachin