NIFTY Astrology

TPL MAGIC - INTRADAY TURNING POINT LEVEL

Q1. What is 'TPL MAGIC' ?

Ans: TPL means 'Turning Point Level'. TPL MAGIC is Intraday Turning Point Level of  N.FUT. According to this, N.FUT will find Support or Resistance at the given Level. N.FUT will take SHARP Reversal (Steep Rise or fall) "U TURN" from this Level.

Q2. How to trade with the help of 'TPL MAGIC' ?

Ans: 2 Levels will be given everyday, (1 Resistance & 1 Support or both Resistance or both Supports). You have to BUY or SELL near these levels, Keeping a stoploss of only 10 Points. 

e.g.: If N.FUT CMP - 4810 and TPL MAGIC is 4788 & 4855

You have to BUY N.FUT near 4788 (SAY 4790) with Strict S/L 4778 (10 Pts below TPL MAGIC 4788) or SELL N.FUT near 4855 (say 4852) with Strict S/L 4865, (10 Pts above TPL MAGIC 4855)

Q3. When to Book Profits ?

Ans: You can Book Profits, as per your Satisfaction. You can ideally book Profits at 15 Pts, 25 Pts, 35 Pts, 50 Pts etc. You can keep on trailing S/L and book as much as 100 Pts Profits Intraday.

Q4. What if S/L is triggered ?

Ans: If 5 Point S/L is triggered then you can reverse the trade for quick 15-25 Points move. You can also keep on trailing the S/L for maximum gain.

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