Thursday 5 April 2018

Monthly Levels File - 2018

Monthly Levels File - 2018

Monthly Levels File for the year 2018 will be available for download from this blog post.

Regular Monthly Levels File for July 2018:
https://drive.google.com/open?id=1xSr_vBY1rlHtPYHedavfHPO_qgnQZ4Tn

Regular Monthly Levels File for June 2018:
https://drive.google.com/open?id=1q6adx_uPyBRxTmVGSZPiCa0EvnCGU8RL

Regular Monthly Levels File for May 2018:
https://drive.google.com/open?id=1guwe4kxSiBDe5_y1vOwSIMoC2446DhEm

How to use Monthly Levels File.


  1. Select 5 to 10 stocks from the list of 210 stocks available in the FNO stock list.
  2. Track the EOD price of those stocks by comparing it with the levels provided in the Monthly Levels File.
  3. Take Long position in the stock if the stock closes above +1 level mentioned in the file.
  4. Targets for this long position is +2 & +3, whereas SL can be set at 0 or -1 based on your risk taking ability.
  5. Take Short position in the stock if the stock closes below -1 level mentioned in the file.
  6. Targets for this long position is -2 & -3, whereas SL can be set at 0 or +1 based on your risk taking ability.
  7. +4 & +5 will be your immediate resistance (or trend reversal points) on the long side, where as -4 & -5 will be your immediate support (or trend reversal points) on the short side.
  8. Levels 6,7 & 8 acts just like levels 1,2 & 3.


Note: Remember, the file has Stock Future price, if you are taking position in cash, you need to do the price adjustment manually.



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