My Intraday Nifty Trading System

My NIFTY Intraday Trading system

This is my Trading system which I use for last 5 years in intraday. The System gives indication of overbought/ oversold conditions in intraday Nifty index and thus gives you entry and exit points. I get into the Trade when all of indicators are confirming the Trend and get out of the trade when see 2-3 indicators diverging from the Nifty main trend.

Nifty Live chart

NSE Heatmap

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NSE Sectors

Tuesday, June 15, 2010

Nifty Premarket view 15th June 2010 9:20 AM Sydney

Hi All,

Nifty is at 5200, interesting point. If it breaks 5200 decisively, we may be heading back to 5500. Or else, we are coming back to 4786.

Today's levels to watch are 5180 as Pivot and 5219 , 5240 as resi and 5158 5119 as supports. Nifty has touched bollinger band upper band. We should see retracements upto at least middle line or 20 SMA which is 5000 in a few days. If that does not happen, 5400 is not too far...


be profitable today...

Ankur...

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