Nifty Targets

Pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only a few simple calculations.The pivot point is the level at which the market direction changes for the day. Using some simple arithmetic and the previous days high, low and close, a series of points are derived. These points can be critical support and resistance levels.The pivot level and levels calculated from that are collectively known as pivot levels.Every day the market you are following has an open, high, low and a close for the day (some markets like forex are 24 hours but generally...

1. Place your order after 10:10 AM. 2. Place your first order with stop loss below two levels and concentrate on the first target and with every target achieved follow rule number 3. 3. A: For futures: If the Nifty is moving in right direction (your targets are getting achieved) do as follows: If you are holding 1 Nifty contract book complete profit with 1st target achieve. If you are holding 2 Nifty contracts book...