I have devised one more strategy which works very well for Intraday Trading.

Only thing you have to do is to visit nseindia.com website, "Go to the previous version" on top of the page and get quote for the Nifty Future. On the lower side of the page you will find Daily Volatility of the Nifty. Yesterday it was 1.40% and Nifty Future closing was at 5311. 1.40% of 5311 is 74.35...round it off to 75. Now add and subtract 75 from the closing, we get the figure of 5386 and 5236 respectively. We must buy when price hits 5236 and sell at 5386. However as the gap between 5386 and 5236 is quite high, I advise to take half of 75 which is 37.50 or 38. Now add and subtract 38 from the closing, we get the figure of 5349 and 5273. Today when price hit 5273, I sold Nifty Futures and exited towards closing at 5230, thus making a cool profit of 43 points.

Date

Open

High 4,879. 15 4,869. 75 4,827. 80 4,922. 60 4,991. 15 5,045. 10 5,109. 80

Low 4,823. 90 4,728. 30 4,741. 00 4,861. 20 4,882. 05 4,964. 00 4,997. 65

Close 4,849. 50 4,772. 15 4,751. 30 4,888. 05 4,979. 60 4,974. 35 5,099. 40

PP 4,850. 85 4,790. 07 4,773. 37 4,890. 62 4,950. 93 4,994. 48 5,068. 95

Gain/(Lo

10/3/2011

4,874.40

Sell

121

10/4/2011

4,823.50

Sell

31

10/5/2011

4,791.30

Sell

31

10/7/2011

4,883.65

Sell

(109.

10/10/2011

4,886.85 5 ,019.90

Buy

6

10/11/2011

Sell

65

10/12/2011

5,011.20

Buy

(23.

95 5. 30 5.35 UP 4863 4795 80.067.20 Sell 27 10/18/2011 5. 95 5.45 Buy 110 10/20/2011 5.011. 50 5. 15 5.086. 15 5.80 5. 85 5.160.035.033.049. 10 5. 95 5.099.056.037.132.60 Sell 28 10/24/2011 5. 50 5. 35 5.057.106. 30 5.084.094.091. 75 5.55 Buy (40.70 Sell (34 This is based a new method which is still under study for trading in NIFTY. 65 5. 00 5.145.35 Buy 21 10/17/2011 5. Nifty Close on 22/11/11 Tomorro ws Trend Tomorro ws High Tomorro ws Low Probability % 4812.084. 35 5.077. . 58 Sell 37 10/14/2011 5.109.114.139.049. 95 5.080. 65 5. 60 5. 55 5. then SELL 3) Entry to be made whichever the case comes first. then BUY 2) If the open is above the HIGH level and cross it and move downwards.074. 75 5.0 Method to trade : 1) If the open is below the LOW level and cross it and move upwards.141. 05 5.118.136.120.110.120. 95 5. 90 5.037.10/13/2011 5.45 Buy 107 10/19/2011 5.075. 05 5.120. 40 5. 25 5.098. 98 5. 83 5. 10/21/2011 5. 20 5.069. I will update the results everyday evening once the market closes.148. 50 5.156.130.057. I am posting it here purely for academic purpose.

Method to trade : 1) Enter the trade only if NIFTY enter the above trading zone either from upper side or from lower side whichever comes first once the market opens. then there will not be any trade for the day This method is applicable only for the first trade of any day. 2) If the open is below the LOW level. the STOP LOSS will be 13 points from the trading zone boundary 7) 8) If the stop loss is hit. to get a safe trade which can give a decent return in a single trade. and cross it and move upwards. then SELL 4) 5) +/. touch the LOW level and move upwards. 9) Profit booking can be made once you get 20 to 25 points. the STOP LOSS will be 13 points If the stop loss is hit. then there will not be any other trade for the day This method is applicable only for the first trade of any day.5 points difference at the entry point is valid. Profit booking can be made once you get 20 to 25 points or more This is not a trading call. Entry to be made whichever the case comes first 6) In either case. on 15/12/2011: Nifty Close as on 14/12/11 4763. Happy trading…!! Kripakar kumble The trading zone for NIFTY tomorrow ie. or the open is just above the LOW move downward . touch the HIGH level and move downwards. . This post is purely for observatory purpose. This post is purely for observatory purpose. and cross it and move downwards or open is just below the HIGH move upward. then BUY 3) If the open is above the HIGH level.4) 5) 6) 7) In either case. 11) Stop Loss hit trades will be considered as “failed trades” This is not a trading call to anyone. The method is still under observation.25 Tomorro ws Trend UP Tomorro ws High 4806 (+/5) Tomorro ws Low 4744 (+/5) Probabilit y% 90 This is an effort to find out a new trading method. 10) Any trade which gives 20 points or more will be considered as “successful trade” and any profit below 20 points will be considered as “partial success trade”. or else a trailing stop loss may be put to protect at least 12 points profit and wait for higher levels.

If you find this method interesting and if you have any idea to improve this .5% or 2. then BUY next day @0. and if he is in profit then put a "profit locking stop loss" according to his convenience and wait for higher levels and square off according to his comfort levels.5% or 2% from yesterdays close. And STOP loss around 1.00 then 8+2+1+0+0 = 11 3) If the total comes to less than or equal (<=) to 13. Dont follow this method blindly. 2) if the trade is "SELL". 23. sir think about this addition. 1) Take the closing price of the scrip of any day. then trader has to put a "profit locking stop loss" and wait for still lower levels and accordingly square off at his comfort levels.8% more than the previous days close. If the closing price is Rs 821. in the .6% of 75 = 18 approx. I presume the following scenario 1) If the trade is "BUY". then the profit what is mentioned in the table is not possible in most of the cases. 2011 (2 days ago) hi Karan ji the Exit strategy is not explained here.5% from yesterdays close. Do your study and take your own decision. in many cases. then 1+1+9+5+5+5 = 26 Eg.Happy trading…!! Kripakar kumble Theory is simple. 4) If the total comes to greater than or equal (>=) to 23. Eg. and in the opening if the price is lower and if he is in profit.8% less than the previous days close.55.Dec 13. If the closing price is Rs 1195. But if this is the scenario. It is also possible that. then SELL next day @0.. 2) Add all the digits of the closing price including the paise also. I will be more happy if u could do that. then the trader would see the opening next day.(5322-18) Volatility trading system View Profile trg--5348 /5358/5386 sell below (5311-18) with sl=( 5311+18) trg--5274/5264/5236 From : Kripakar Kumble at 09:32 PM . Kripakar kumble For a day trading you can always keep a Target price of 1. then pl leave message in this thread. so buy above (5311+18) with sl -.

.20 PM IS 4935.... LOW & CLOSE IS 4971..05 SO PP IS 4954. Is this explanation correct Siddharth ji ? From : Siddharth V at 09:00 AM .... THE PP BASED ON YESTERDAY NIFTY SPOT HIGH...opening the trend may be in the opposite direction and trades would have hit the stop loss also. AS PER THIS STRATEGY WE WENT SHORT YESTERDAY JUST BEFORE CLOSE (I HAVE SHORTED NIFTY FUT AT 4948).. FOR TODAY TRADE WITH THE TREND.Nov 30... AT 3.. REMAIN SHORT ..38 (ROUND OFF SAY 4972).. SHORT NIFTY FUTURES AT AROUND 3. ...IF TREND IS DOWN.55 AS CURRENT PRICE IS BELOW PP IT IS AN INDICATION TO GO SHORT FOR TOMORROW. From : Siddharth V at 03:26 PM .70 & MARKET PRICE AT 3.90. LOW AND CLOSE FOR THE DAY AND CALCULATE PIVOT POINT (PP).20/3.25 PM IS ABOVE PP... 2011 (7 days ago) IN THIS STRATEGY KEEP STOP LOSS AS YESTERDAY'S PIVOT POINT (PP)..Dec 09.28 PM From : Siddharth V at 10:11 PM . PIVOT POINT (PP) = (HIGH + LOW + CLOSE) / 3 IF LTP SAY AROUND 3.IF LTP IS BELOW PP SELL NIFTY FUTURES FOR NEXT DAY.20PM TAKE NIFTY SPOT HIGH....... LOW = 4916... ACCORDINGLY YOU CAN KEEP A SL OF 4972 (SPOT) FOR TODAY AND EXIT IF NIFTY SPOT CROSSES 4972 AND TRADES ABOVE IT FOR SOMETIME. 2011 (14 days ago) TODAY NIFTY SPOT HIGH = 5011.Dec 01.BUY NIFTY FUTURES FOR THE NEXT DAY.. 2011 (15 days ago) THE STRATEGY IS QUITE SIMPLE.

. ...I HOPE THE STRATEGY IS CLEAR.