Recent content by indrajit_16

Nifty future important levels for tomorrow, 16th September: R3 - 4995, R2 - 4952, R1 - 4924, Pivot Point - 4882, S1 - 4854, S2 - 4812, S3 - 4784.

Nifty future important levels for tomorrow, 15th September: R3 - 4891, R2 - 4865, R1 - 4843, Pivot Point - 4817, S1 - 4795, S2 - 4769, S3 - 4747. I shall try to post diagrams on them whenever I get time. Today was a no trade day as per pivot traders. And see you are saved from a rangebound...

Thanx to the support of the legendary member in a budding thread. Nifty future important levels for Monday, 14th September: R3 - 4938, R2 - 4900, R1 - 4871, Pivot Point - 4833, S1 - 4804, S2 - 4766, S3 - 4737. Nifty future weekly pivot levels: R3 - 5110, R2 - 5004, R1 - 4923, Pivot Point - 4809...

Yes, thanx for ur support. I am trading different types of pivots for quiet some times now and that too with good success. Later I also think to start a thread on Camarilla pivots.

Nifty future important levels for Friday, 11th September: R3 - 4957, R2 - 4923, R1 - 4871, Pivot Point - 4837, S1 - 4785, S2 - 4752, S3 - 4699. Regards Indrajit

We already now know what are Pivot Points. We already know the basics of how to trade them. Now of utmost importance to know, daily pivot point values tend to be touched or traded through roughly 75% of the time. In other words, seven out of every ten sessions for any liquid market will see the...

Why do pivot points work? The whole Pivot point trading technique is based on two main market concepts: existence of support and resistance. These two tendencies form the core of the market moves and therefore receive full attention from the vast majority of professional traders who trade on...

am going to show you the way to trade Nifty future using Pivot points. We will calculate Pivot points on daily basis using daily charts and then use those Pivot levels on 15 minute charts — our main charts — where we will look for entries, stops and exits. We will use 15 minute time frame...

Tuesday Night Update of Dow Jones (DJIA) Negative sentiment from the Consumer Confidence figure weighed heavily on the stock market today. Additional unexpected bad news arose from the Foreclosure arena further pushed stocks into the red. The Volatility Index VIX spiked higher for the first...

Nifty Trading Outlook For 1st July, 2009 Nifty opened higher today, tested intraday high in the morning trades and then traded weak for most of the day to finally close at 4291, down by 2.3%. Fresh short building seen in HDIL, DLF, Suzlon, Tata Steel, ICICI Bank and L&T whereas profit booking...

Monday Night Update of Dow Jones (DJIA) Stocks rallied across the board today on positive reaction to super swindler, Bernie Madoff, receiving the maximum sentence of 150 years in prison. Apple CEO, Steve Jobs, returned to his job as CEO after a liver transplant sidelined the originator and...

Nifty Trading Outlook For 30th June 2009 Nifty opened strong today, tested intraday lows in the morning trades and then traded strong for most of the day but again plunged in the late afternoon trades to finally close at 4391, up by 0.4%. Fresh buying seen in HDIL, DLF, Tata Steel and Bajaj...

Weekend Update of Nifty Bullish indicators suggests that the Nifty will try to retest upper levels like 4500 before the budget. If and only if 4500 is broken in closing basis, we will see upper levels like 4650. On the downside closes below 4100 will see panic selling to retest lower levels...

Weekend Update of Dow Jones (DJIA) The Dow is rangebound between 8200-8700. Couple of closes below 8200 can take the Dow to lower levels like 7700, whereas couple of closes above 8700 will retest upper levels like 8900-9200. Twigg's Money Flow indicator still below zero mark indicates weakness...

Thursday Night Update Of Dow Jones (DJIA) Stocks soared today led by retailers and commodity shares after oil’s rise above $70 a barrel bolstered energy producers and Federal Reserve Chairman Ben Bernanke launched a strong defense of misconduct allegations from several lawmakers. A successful...