Camarilla Pivot Levels For Nifty & Bank Nifty:
H4
|
5332
|
Long breakout
|
|||
H3
|
5306
|
GO SHORT
|
|||
H2
|
5297
|
||||
H1
|
5288
|
||||
L1
|
5270
|
||||
L2
|
5261
|
||||
L3
|
5252
|
GO LONG
|
|||
L4
|
5225
|
Short breakout
|
|||
Instruction to Use:
Rule 1. Scrips Open Between H3
& L3
For Long : Wait Till Prices Crosse
s L3 & Then Move Back & Crosses L3 In Upward Direction
Go Long Above L3 With Stoploss Below L3
Target For The Move Till H3
s L3 & Then Move Back & Crosses L3 In Upward Direction
Go Long Above L3 With Stoploss Below L3
Target For The Move Till H3
For Short: Wait Till Prices Crosses H3 & Then Move Back & Crosses H3 In Downward Direction
Go Short Belove H3 With Stoploss Above H3
Target For The Move Till L3
Rule 2. Long Above L3
Short Below L4
Rule 3. Scrip Open Outside The Range Means That Is No Trading Zone.
Wait Till The Price Comes To The Range And Then Go Long Or Short Accordingly.
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