Niftydoctor's intraday trading system

STEP BY STEP

2009-07-30T12:41:00.003+05:30

---nifty is rising step by step....(one step at atime)
--suggests big institutional buying.
---can lead to big jump in market in coming days.

positive divergence in RSI

2009-07-30T09:48:00.003+05:30

---RSI shows positive vivergence(top to top) so downside should be limited.

bank nifty in triangle

2009-07-24T14:50:00.002+05:30

----trade the breakout.

RSI POSITIVE DIVERGENCE

2009-07-23T12:27:00.001+05:30

---RSI SHOWS TOP TO TOP AND BOTTOM TO BOTTOM POSITIVE DIVERGENCE WHICH IS HIGHLY BULLISH.

nifty support lines

2009-07-23T11:44:00.000+05:30

-----4440-4450 is important support zone for nifty.

rsi trendlines

2009-07-17T11:53:00.000+05:30

---watch rsi trendlines and trade accordingly.

RSI TRENDLINE BREAKS AND........

2009-07-16T11:53:00.001+05:30

rising wedge in nifty

2009-07-15T12:55:00.001+05:30

STEP BY STEP

2009-07-15T11:57:00.002+05:30

--so far rise in nifty is step by step.
---rsi support line is crucial for further rise.

rsi trendlines

2009-07-15T10:09:00.002+05:30

--watch rsi trendlines and trade accordingly.

rsi in triangle

2009-07-10T12:26:00.001+05:30

----rsi in triangle and breakout from it will give direction.

use of RSI with three averages

2009-07-09T17:15:00.002+05:30

today we will discuss how to use RSI along with our trading system of three averages.
---we will never trade in the opposite direction of the system.
---means when system is short the we will not use rsi for any long trade and vice versa.
---RSI can be used in absolute term means when system is short and rsi reaches 20 then book partial profit and when system is short and rsi reaches 80 then initiate short.
---look for divergence in rsi to book profit.(as shown in picture)

trendlines for nifty

2009-07-07T14:24:00.003+05:30

----nifty trendline support now at 4170.

nifty in triangle

2009-07-07T11:46:00.000+05:30

-----trade after the breakout....

JULY 6 UPDATE

2009-07-06T17:53:00.001+05:30

nifty in triangle

2009-07-03T10:08:00.002+05:30

---nifty in triangle.
---trade after the breakout from it.

july 2,update

2009-07-02T10:33:00.001+05:30

----big move is coming.....

---all three averages at same level....

july 1 update

2009-07-01T13:05:00.001+05:30

---shrot initiated at 4325 is now closed as fast average crossed middle average from below.
---nifty is at 4345,so loss of 20 points.

30TH JUNE UPDATE

2009-06-30T14:29:00.003+05:30

SYSTEM GENERATED FRESH SHORT SIGNAL AS MIDDLE AVERAGE CROSSED SLOW AVERAGE AND FAST AVERAGE IS BELOW MIDDLE AVERAGE.
NIFTY IS TRADING AT 4325.

30th june update

2009-06-30T12:32:00.004+05:30

--long initiated on 26th june when nifty was at 4280 closed today at 4370 with profit of 90 points as fast average crossed middle average.

29TH JUNE UPDATE

2009-06-29T15:46:00.001+05:30

---LONG INTIATED IN NIFTY(FOURTH TRADE) AT 4280 STILL REMAINS OPEN AS THER WAS NO CROO-OVER OF AVERAGES HAPPENED TODAY.

26th june update

2009-06-27T08:32:00.001+05:30

forth trade----
--system generated long call today when nifty was trading at 4280.

25th june update

2009-06-27T08:28:00.001+05:30

----long initiated at 4290 closed today at 4260 with loss of 30 points.

24th june update

2009-06-27T08:27:00.001+05:30

****third trade
--system genarated long when nifty was trading at 4290.

23rd june update

2009-06-27T08:25:00.000+05:30

---short initiated at 4280 was closed today when nifty was trading at 4230 with profit of 50 points.

22nd june update

2009-06-27T08:22:00.000+05:30

***first trade follow up
---short initiated in nifty at 4450 was closed at 4270 with profit of 180 points.
***second trade
---system generated short in nifty when nifty was at 4280.

17th june update

2009-06-27T08:19:00.000+05:30

---sytem generated short on 17th june when nifty was at 4450.(first trade).