Friday, June 10, 2011

NIFTY - BUY ABOVE PREV HIGH & SELL BELOW PREV. LOW

I HAVE ANALYSISED DATA OF 2000 TRADING DAYS SINCE APRIL 2003 ( LAST 8 YEARS ) OF NIFTY SPOT

AND FOUND THAT :-

IF WE TRADE AS PER SIMPLE METHOD WHICH DISCUSSED SEVERAL TIME ON MUDRAA IE.

BUY ABOVE PREVIOUS DAY'S HIGH & SELL BELOW PREVIOUS DAY'S

BUT HERE I ADDED ONE MORE CRITERIA IE.

STOP LOSS FOR BUY POSITION - PREVIOUS DAY'S LOW &

STOP LOSS FOR SELL POSITION - PREVIOUS DAY'S HIGH.

ASSUMPTION IS CONSIDERED THAT PREVIOUS LOW IS TOUCHED AFTER CROSSING PREVIOUS HIGH OR VICE VERSA.

THE RESULT OF ANALYSIS IS

PROFIT IN BUY 33897.50

PROFIT IN SELL 34309.30

LOSS IN BUY 10833.95

LOSS IN SELL 10833.95

----------------

46538.90

==========

SO 1 NIFTY COULD HAVE GIVEN PROFIT OF 46538.90 POINTS IN LAST 8 YEARS.

4 comments:

  1. Dear Nitin Brother,
    I highly appreciate your dedication to work on strategies & simply give million dollar work to the unknown people. You are Always Great.

    Regards,
    J.R.Julius

    ReplyDelete
  2. Hello sir.
    I want to know whether follow this strategy on intraday basis or positionally...????

    ReplyDelete
  3. Tincolinester and titanium oxide sunscreen - Titanium Arte
    Tincolinester and 2019 ford edge titanium for sale titanium oxide sunscreen. 10%. titanium trim as seen on tv No Artificial microtouch titanium trim reviews Preservative titanium jewelry for piercings for the titanium pan Spicy Balance of Tints (see below for our new sunscreen,

    ReplyDelete