Today(8-8-12)Nifty opened at 5340 with gain of 3 points and closed flat at 5338. Nifty and Nifty futures ranges were 5331 - 5378 and 5346 - 5394, having a difference of 48 points. Tomorrow's Agni level is at 5347.
I have gone through the rules & guidelines mentioned in AGNI BREAKS OPEN CIPHER..
Still few question 1]the stages mentioned are of nifty spot?? 2] We have keep noting high &low after every 30 min from 9.30 onwards ...like 10.00, 10.30 and keep watching movement.
Will be starting trading from today onwards based on those..
Dear Atharva, 1)Stages mentioned are Nifty Spot only (premium or discount will vary from time to time). 2)Start noting down from 9.15 onwards and begin trade only after 9.30. Notes made are posted in the tables. There you may see variance of 5-10 minutes from exact half hour intervals to catch the turning points. However, start noting down from today itself and you will know its benefits within one month. Best wishes
Today one sl hit @ 5340 on long side as I bought @ 5355..being + 8 fr agni level..now holding short with sl @ 5355... DO you suggest to keep filter to these sls..like today for long sl was 5340..shld it be 5338-39
Dear Atharva, The most difficult part of trading is when Nifty oscillates both sides of Agni level. That's why 20 points SL suggested in day traders manthra. In such days we have to take a strong decision and stay with it till end of the day or don't do anything till such time direction is clear. 4DMA figure may be helpful to take a decision and that is 5326 today.
The above is based on Agni level only. Please take in to account other factors ie. breks, open & cypher(last day closing position) is also to arrive at the decision.
Dear Atharva, For intraday help go to first link Ilangoji's "JustNifty" and acquaint with JNSAR, which is similar to Agni level and 4DMA. Nandi will not be available to reply then and there since he is trading with a broker. By chance he was at home today and replied your queries. In the beginning If only one lot book profit when you get 50 points. Build up your resources and wait for more points later.
9 comments:
Dear Nandi,
Good Morning!!
I have gone through the rules & guidelines mentioned in AGNI BREAKS OPEN CIPHER..
Still few question
1]the stages mentioned are of nifty spot??
2] We have keep noting high &low after every 30 min from 9.30 onwards ...like 10.00, 10.30 and keep watching movement.
Will be starting trading from today onwards based on those..
Thanking you & Best Regards,
Dear Atharva,
1)Stages mentioned are Nifty Spot only (premium or discount will vary from time to time).
2)Start noting down from 9.15 onwards and begin trade only after 9.30. Notes made are posted in the tables. There you may see variance of 5-10 minutes from exact half hour intervals to catch the turning points. However, start noting down from today itself and you will know its benefits within one month.
Best wishes
Dear Nandi,
Yes will keep noting them...
Today one sl hit @ 5340 on long side as I bought @ 5355..being + 8 fr agni level..now holding short with sl @ 5355... DO you suggest to keep filter to these sls..like today for long sl was 5340..shld it be 5338-39
Thanking you
Dear Atharva,
The most difficult part of trading is when Nifty oscillates both sides of Agni level. That's why 20 points SL suggested in day traders manthra. In such days we have to take a strong decision and stay with it till end of the day or don't do anything till such time direction is clear. 4DMA figure may be helpful to take a decision and that is 5326 today.
The above is based on Agni level only. Please take in to account other factors ie. breks, open & cypher(last day closing position) is also to arrive at the decision.
Dear Nandi,
Ok understood the importance of 20 pts sl..
Regards,
Dear Nandi,
we are once again above 5326...
Holding short as per agni level
Regards & Thanking you
Dear Atharva,
For intraday help go to first link Ilangoji's "JustNifty" and acquaint with JNSAR, which is similar to Agni level and 4DMA. Nandi will not be available to reply then and there since he is trading with a broker. By chance he was at home today and replied your queries. In the beginning If only one lot book profit when you get 50 points. Build up your resources and wait for more points later.
Dear Nandi,
Thanks for your continued support. Yes I will be reading Ilangoji's Just nifty..Will follow your suggestion
Good night & Best Regards,
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