Applying Sonic R Strategy in NSE, MCX - Discussion

[zabeen2004]

Lupin and nifty book profit at MS1

 

[zabeen2004]

Sell bb 824 sl at 829.9

 

[zabeen2004]

Risk buy nifty call 6800 195 with SL 187.9 TGT 205

 

[zabeen2004]

Risk buy nifty call 6800 195 with SL 187.9 TGT 205

Done with target... Just reminder.. 6700 been a strong support in nifty...

 

[zabeen2004]

Short axisbank only below 1522 with sl 1532.9

 

[zabeen2004]

EXit AxisBank at FS2 1500.5

 

[zabeen2004]

Risk short BBat 824 with sl 828.9

 

[zabeen2004]

Total trades for today with 87% accuracy

Lupin short profit 8
NG short loss 291.5 -.50
Nifty short profit 50+
BB buy loss 3
BB sell profit 10
nifty call buy profit 10 points
Axis sell profit 22
BB sell profit 10


Finally nifty is back above its strong support area again even after falling 50 points below that...Todays close is very important.

 

[PreSap]

Total trades for today with 87% accuracy

Lupin short profit 8
NG short loss 291.5 -.50
Nifty short profit 50+
BB buy loss 3
BB sell profit 10
nifty call buy profit 10 points
Axis sell profit 22
BB sell profit 10


Finally nifty is back above its strong support area again even after falling 50 points below that...Todays close is very important.

Hi Zabeen,

I am a new(ish) trader. About 8-9 months since I started trading Crude. It allows me to look at the trend (since the number of trading hours are comparatively long)and then get in for one or two trades.
I have not traded on the Nifty apart from my earlier trials where I never looked at charts or did any analysis. Since I am also employed, I don't get the chance to trade in the day generally. For NSE, do you use the 1M chart with Sonic or the 5M chart?

 

[zabeen2004]

Presap,

Daily chart is used to track the stock's major trend/reversal. My trades are based on 1 and 5 MTF with correlation to each other for entry and exit.