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Saturday, March 12, 2011

NIfty expected value range for 14/03/11.

Normal Fib Ratio Buy at 5478 SL 5469. Sell at 5413 SL 5423.



TN Fib Ratio Buy at 5458 SL 5452. Sell at 5433 SL 5439.04



Based on experience till now whenever the first Fib ratio is achieved after the Buy/Sell, put the Trailing stop loss there at first fib ratio. More times i had the chance to grab the first 10 points and had the chance to rebuy/resell. Just thought of sharing.

TN Fib ration captures every 5 point moves, useful for Aggressive Intra day trades with more lots and also more risky.