Best way of day trading - 2652 theory of trading

[Suraj]

Re: What trades were executed today?

Here are the ones I am aware of
Nifty Fut Triggered, Status = Open
RIL in cash on BSE & NSE Triggered, Status = Profit Booked
RIL FUT Triggered, Status = Profit Booked
Bank Nifty FUT Triggered, Status = Profit Booked

Tons of thanks to Dhiraj

Cheers
Amar

Thanks Amar...much appreciated
Suraj

 

[jhaveri_n]

Re: What trades were executed today?

Todays nifty trade, is a never ending story, i think it triggered at around 11.00 still no result.....................

 

[prasadam]

good morning, prasad...
why do u think i highlighted FUTURES...
seems like not many members of this thread trade F&O - was just checking

Welcome back. wishing you a speedy recovery.

 

[rahul1983]

RIL did the target in fut 1325

nifty made a high of 2827.90


so nifty mod sell now @ 2796 ( FUT ) ????

At LASSSTTTTTTT NIFTY TARGET >>>>>> 2838 Doneeeee

Dhiraj Bhai Jai HO

 

[amar_gr]

this is the most popular FAQ...
and common solution, as has been decided by all:
SELECT with ANY ONE OF THE SOURCE; AND STICK TO IT EVERYDAY....

BUT FOR PREVIOUS DAY HIGH/LOW, ENTER AS PER THE MARKET WATCH WINDOW, WHICH IS ALSO USUALLY PROVIDED BY NSE WEBSITE...

Personally, for intraday high/low, I stick to chart's high/low

Thanks for your inputs Sunil, My preference is also for chart values, just wanted to be absolutely sure what's goes well with Dhirajs system.

 

[jhaveri_n]

Re: What trades were executed today?

sabar ka phal meetha hota hain...

sabar = patience = DHIRAJ

DHIRAJ'S METHOD IS FRUITFUL....

NIFTY TARGET ACHIEVED!!!

Agree 100%, Cheers....

 

[sasi0263]

Nifty tgt achieved contnuously 3rd day after SL hit on 3rd feb.

Thanks Dheeraj

 

[sasi0263]

Have a nice weekend friends.

 

[humble]

Hi Guys,
I am newbie to this forum and also to the Share Market. I have been closely following the market for the last 3-4 months. I have a trading account with Sharekhan. I was initially fascinated with the Day-Trading and I did make some profit[probably because of the beginners luck.]. After that, I have incurred quite a few series of losses .

When I browsing for strategies on the net I stumbled upon this thread . Thanks to Dhiraj, and Sunil all their efforts . I am currently practicing this method using paper trading. I will start using this method when I fully understand the method and get confidence in making all those quick decisions .

I have a few doubts, which I request the members to clarify.

Today for RelCapital following is the data:
Yesterday - H:378.3 L:363.1 Diff:15.20
1f:6.59
2f:11.65
3f:20.60

At 10.15 - H:377.00 L:371.20 Diff:5.80
Applicable Factor - 1f:6.59
Orders:
Buy[Limit Order]: 377.79
Stop Loss Trigger Price for buy:374.01
Sell[Limit Order]: 379.68

ShortSell[Limit Order]: 370.41
Stop Loss Trigger Price for ShortSell: 374.11
Buy[Limit Order]: 366.71

Can anyone please confirm these are the right orders i.e 4 orders in total? After a lot of confusion related to Stop loss, I hope to have understood it. Please help.

-Sri

 

[Sunil]

Hi Guys,
I am newbie to this forum and also to the Share Market. I have been closely following the market for the last 3-4 months. I have a trading account with Sharekhan. I was initially fascinated with the Day-Trading and I did make some profit[probably because of the beginners luck.]. After that, I have incurred quite a few series of losses .

When I browsing for strategies on the net I stumbled upon this thread . Thanks to Dhiraj, and Sunil all their efforts . I am currently practicing this method using paper trading. I will start using this method when I fully understand the method and get confidence in making all those quick decisions .

I have a few doubts, which I request the members to clarify.

Today for RelCapital following is the data:
Yesterday - H:378.3 L:363.1 Diff:15.20
1f:6.59
2f:11.65
3f:20.60

At 10.15 - H:377.00 L:371.20 Diff:5.80
Applicable Factor - 1f:6.59
Orders:
Buy[Limit Order]: 377.79
Stop Loss Trigger Price for buy:374.01
Sell[Limit Order]: 379.68

ShortSell[Limit Order]: 370.41
Stop Loss Trigger Price for ShortSell: 374.11
Buy[Limit Order]: 366.71

Can anyone please confirm these are the right orders i.e 4 orders in total? After a lot of confusion related to Stop loss, I hope to have understood it. Please help.

-Sri

Sri,
you have understood the calculation part & the method well...

just note that if the order is not triggered by 10:35, then take into account every new high / low at or after 10:35, and apply the derived factor (6.59), in this illustration, to such new high / low.

I would suggest you to trade stock / stocks worth atleast Rs 500/- in spot market to get the real feel of the method...
paper trading is like watching someone else swimming & trying to learn to swim....
when u r actually in trade, u will realise the real nitty-gritty of the system