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MAGIC COURSE

Rules
1. Protecting The capital, Then make money
2.Right Patiance
3.Having No position in the market, is also having position in
the market.
4.Cut your losses in small. Risk reward 1:2 Minimum
5.No Averaging
6.Dont Trade with Emotions.
(a) Do not trade with Borrowed Money.
(b) Dont be desparate about the loss
(c) Dont revenge Trading
(d) Greed=Loss
7.Respect the market.
Bull market = Make only Buy
Bear market=Make only Bear
Flat market = Make money both by Bull and Bear.
Bull market = Only CE calls, buy on dips
Bear market=Only PE calls, sell on rally.
FROM DAY’S HIGH TO DAY’S LOW
Flat Market:
-0.35% or +0.35%
(Range: 72-84 points)

Postive Market:
Above +0.35%
(Range: 135-150 points)

Negative Market:
Below -0.35%
(Range:135-150 points)
FINDING OUT THE MARKET DIRECTION
FIRST IMPACT
Before the market opens (8.30AM to 8.45PM)
See the price difference between
Nifty Fut and SGX Nifty Fut
Nifty Fut : 12293 (Yesteday 3.30PM close)
SGX Nifty Fut: 12329 (8.45 Price)
See website tradingview.com and sgxnifty.org
See the Difference: SGX Nifty Fut Price-Nifty Future Price
12329-12293=36
-40 and +40 : Flat Market
+40, +50,+60 and above: Positive Market
-40,-50, -60 and Below: Negative Market

Open sgxnifty.org
Or tradingview.com
in.tradingview.com
SECOND IMPACT
USD-INR
USDINR goes up NIFTY will go down
USDINR goes down NIFTY will go up.
Check for USDINR Fut Price at 8.45AM (in google.com)
and 3.30 PM close(in sharekhan trading platform)
Calculate the Difference and percentage
8.45AM Price-3.30PM price
71.30-71.35 = -0.05
-0.05/71.35= -0.00070
-0.00070X100= -0.07%
USDINR= -0.07%
Market Impact: +0.07%
Conclution: Flat Positive (Flat)
-0.35% to +0.35% = Flat Positive (72-84 points)
Above +0.35% Positive (135-150 Points)
Below -0.35% Negative (135-150 Points)
WORLDMARKET
www.dowfutures.org
(All internatinal markets close at 1PM in the night)
DOW JONES (DJI) at 8.45 AM (very Important)
All ARE SPOT PRICE.
-0.33%
Flat Negative
Then check
CAC (France Market) =PX1 (tradingview.com)
FTSE (UK Market) =UKX (tradingview.com)
DAX (Germany) (tradingview.com)
If all are DOWN, Global Economy is DOWN.
Check DJI, CAC,FTSE,DAX future data in sgxnifty.org for
Confirmation.
If Future Price is differs (positive to negative or negative to positive)
Consider that value for Direction.
ASIAN ECONOMY
All are Spot Prices
All in tradingview.com
China (Shanghai Composie) – 50% weightage (000001)
Japan (Nikkei) – 25% weightage (NI225)
Hongkong (Hangseng)- 25% weightage (HSI)
China=- 0.15 Flat Negative
Japan=+0.17 Flat Positive
Hangseng=+0.67 Positive
Check the Difference China-((Japan+Hongkong)/2)

COMMODITY MARKET
Crude Oil Goes Up, Nifty will go Down.
Crude Oil Goes Down, Nifty will go Up

Indian Crude
World Crude
Indian Crude Future (Current month)
Check in sharekhan trading plateform.
Check for Price Difference between 11.45PM-3.30PM
Calculate the percentage.
3.30PM Close=3957
11.45PM Close = 3874
Calculation:
11.45PM Close-3.30 PM Close X 100
3.30PM Close
3874-3957/3957 X100
=-2.0% Negative
Conclution: Positive

World Crude
CFDs on WTI crude oil USOIL
=-2.59%

Calculate the Average= Difference/2


(-2-2.59)/2 =-2.29%
ALL COMBINED
SGX Nifty – Flat Negative
USDINR – Flat Positive
World= Negative
Asia= Positive
Crude= Positive
Conclution: Flat Negative to Positive
DURING THE MARKET
Check for
1) Reliance (REL) – Megastar
2) HDFC Bank – Super Star
3) TCS – Junior Artist
4)USDINR- (Only Supporting)
5)CRUDE – ( Only Supporting)
6)STARCAST
HINDUNILVR
ITC
HDFC
INFY
ICICIBANK
SBI
KOTAKBANK
SUPPORT AND RESISTANCE
1. Baseline- Previous Days Close (3.30PM Close not 4PM close)
2. Add and Substract 45 points to Baseline, to get R1 & S1
Use dotted line for 45 line.
3. You have to find out the right peak (ceiling or resistance)
for Finding out the right Resitance.
You have to find out the dip (or Ground) for finding
Out the support.
4.We have to check that Resistance is respecting or Not
(by 10 points validation method)
While Validation,
For Resistance, consider only 10 point resistance validation
and not support.
For Support, consider only 10 points support validation
and not resistance.
If there is below 10 points validation, be cautious to take
the trade.
a. Whether line is respecting or breaking
(Volume Concept: 2 Candles Survival)
While breaking, not more than or less than 10 points,
from the line, its respected the line, dont consider it for
breakout.
If line broken with less volume, dont consider it.

b.After touching the line, it travelled 20 points (real respect)


c. If Nifty is turning back from 10 points below the two
Resistances, 10 points is our territory. 10 points below
Resistance and 10 points above the support is called territory.
d.Shows Topper or Shows Stopper (At least need one)
Shows Topper range is above 300 to 400 points minimum.
One shows topper or Stopper is compulsory for validation.

5.Connecting Dots (Adjusting lines to form the magic line)


6.Line difference could be minimum 45 points to max 100 points
But all the three lines has to be adjust between 200 (210)
Points.
When didnot find the line upto 70 points, then only
u can go upto 100 points.
Normal market 135 to 150 points, maximum 200 points
(210 buffer line)

When we are adjusting two lines less than 45 points, that


means you are breaking the rule exception, that means you
have to justify that the line has many shows topper and
should have minimum 2 shows topper (range min 30 points)

Shows topper is more reliable than the range method.


Normal Market range is 135-150 range
(45-50, 90-100,135-150) to max 200 (210) points
Normal Market Setup
6 lines (3 Resistances and 3 Support Lines)
Flat Negative= 6 lines and 1 extra on positive side
Flat Positive= 6 lines and 1 extra on the negative side.
Typical Flatmarket -36-42 < > +36 +42

In Flatmarket, Until 10.30AM, if does not reach any of our


Lines, you have to consider until 10.30 high as Resistance,
10.30 low as support after validattion.
Target is only 12 points, 1:1 Risk Reward.

Flat Positive (Flat)


1. -36-42 < > +36 +42
2. Upto 46 to 52 Positive side, 26 to 32 points Negative side.
3. Gap Up opening, if Nifty travels upto Previous days close,
It is the Current day low, Nifty can Travel upto 72 to 84
points in the Positive side.

Flat Negative (Flat)


1.-36-42 < > +36+42
2.Upto 46 to 52 Negative side, 26 to 32 points Positive side
3. Gap Down opening, if Nifty travels upto Previous days close,
It is the Current day high, Nifty can Travel upto 72 to 84
points in the Negative side.

Nifty Flat =72-84


Normal Range= 135-150

Territory : 10 points above Resistance level


10 points below Support level

ENTRIES
Safest Entry ( Magic Point)
1. Touch and Go. Right after (touching our line or 3 points
near 3 points near our line) touching our Resistance, we will
taking down call or right after (touching our line or 3 points
near to our line), touching our support, we will be taking
the call.
2.Risky Entry (Teritory): From Teritory, nifty will turn back
Sometime, entering into territory (Within 10 points from
the line) zone is the risky entry.

Safe Entry (2 Candles Survival):


From Last immediate touch or crossing line, we have to
Check 2 candle(we dont consider thin candle) close survival
10 points top of our line (from support) or 10 points below
the line (from resistance), then end close, we are going to
enter and that is called safe entry.
Breakout Entry (Only Safest Entry):
When 2 candles close survival after crossing the line, that is
Confirmation that it reached the next floor, then you will
Be waiting to reach our safest entry zone.(touch and go
Position) for going up or down.

EXITS
3 Exits
Safest Exit= 20 points from our line
Safe Exit= 35 points from our line
Risky Exit=45 points from our line
Safest Entry(Line), 3 Exits
Exit 20 points from our line.
Risky Entry (Territory) 2 Exits
Safe Exit (35 points from our line)
Risky Exit (45 points from our line)
Safe Entry ( 2 Candle Survival), 2 Exits
Safe Exit (35points from our line)
Risky Exit (45 points from our line)

CRITERIAS
L – Line= 60% confirmation.
D – Direction (Flat, Positive or Negative)
P – Price
R- Reliance
H – HDFC Bank
T – TCS
C – Crude
U – USDINR

DONT TRADE AFTER 3PM.

Flat Market=
Only safest (Entry Only)- from Line
12 points Exit (Exit Only), 1:1

Trade only 2 Time respect.

If Lines are respected 3 times, 4 th time, you should not


Enter into trade.It might break and reach to other floor,
Dont trade at that time. If already there in the trade, exit
The trade.

Best News website: Bloombergquint.com


Always Trade on ITM

Dont Trade ATM or OTM of the current month.

In ITM, Delta will be more.


Vega will be more active.
Theta is Cheaper.
Theta is Time Value.
Dont Use DEEP ITM

After Wednesday Afternoon, next week expiry should take.

Vega is the Baap of Theta.

Avoid to trade on market when making new high or new low.

RANGE FINDER
(All divide by 3)

Nifty- 135
Nifty Bank – 457
Reliance – 30
HDFC Bank – 34.90
TCS – 45.90
HINDUNILVR- 34.79
ITC – 5.51
HDFC – 44.72
INFY – 16.53
SBIN – 8.64
ICICI Bank – 10.13
Kotakbank=32.89
Sum of all range= 264

TRAILING STOPLOSS

If price is trading in 91, stoploss 80


If gone to 100, Trail Stoploss to 95
If gone to 110, Trail Stoploss to 100
If gone to 115, Trail Stoploss to 100

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