Sunday, 18 December 2011

Just Trade Nifty 19 Dec 2011


R1 STRATEGY Opens Gap Up near R1 sell CC below R1 for target of TD OR


Opens Gap Up near R1 buy CC above R1 for target of R2


R2 STRATEGY Opens Gap Up Near R2 sell CC below R2 for target of R1      


Opens Gap Up Near Rs buy CC above R2 for target of R3

 


TD STRATEGY Opens Flat near TD wati for CC either above or below TD and take postion        

This means if opens above TD look for support at TD and a CC above TD Buy

If breaks TD then look for CC below TD and Sell    

S1 STRATEGY Opens Gap Down near S1 buy CC above S1 for target of TD OR


Opens Gap Down near S1 SELL CC below S1 for target of S2


S2 STRATEGY Opens Gap Down Near S2 buy CC above S2 for target of S1 OR 


Opens Gap Down Near S2 sell CC below S2 for target of S3 












STOP LOSS STOP & REVERSE FOR ALL STRATEGY          
CC IN THE OPPOSITE DIRECTION



 
THIS MEANS FOR EXAMPLE R1 STRATEGY IF SOLD BELOW R1 S&R CC ABOVE R1
R3 R2 R1 TD S1 S2 S3
4888.65 4844.65 4800.65 4756.65 4712.65 4668.65 4624.65

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Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT