Going with the Intraday Mini-Flow!!

[yashodhan]

Hope all are long now.....

Saint

Saint,

Will you kindly explain at what level shud one have gone long? Is it at 3439 + 7?

Sorry! Did not see ur earlier post. Thnx!

 

[orderflow13]

add 1 = 3460 with mini nifty ( 25 ) sar = 3515(55 p.) practically mine was 3446 but give it extra as sleapage
add 2 ( if triggered ) = 3417 avg 40 shares = 3443.50 ( sar 3515 = 72 point ) loss 40 by 72 = 2820rs ( under 0.75 % roc )
if added nifty 70 by 72 = 4940 ( which is under 0.75 % of 10 lk capital ) and hence we had a wrb i am going to add nifty @ 3417

Position closed for a day
avg short @ 3431.15 with 70 shares, stopped out at 3499 = loss of 68 points = 4760.
if got long at 3499 ( with 20 shares )then s/l is 3350 which is 150 point lower total possible losss= 20 by 150 = 3000 + 4760 = 7760 + extra charges = 8500 above my risk

 

[Saint]

Saint,

Will you kindly explain at what level shud one have gone long? Is it at 3439 + 7?

No Yash......3450 + 7=3457

Saint

 

[rishig38]

No Yash......3450 + 7=3457

Saint

Saint, is the SAR at 3350??

 

[musicjunkie]

Saint 3457!!
I got went long at the high on the previous bar +space ....or @ 3499.....mmmm...will speak to you about the confusion after market hours. Sorry!

MJ-

 

[Smart_trade]

Saint,

I took the SAR level as under :

I identified lowest high bar on 30 as we have to look at high in a downturn and went 2 bars back so 10:30 bar high 3492 + 7=3499 ?

Was it wrong ?

Smart_trade

 

[kapil123]

Saint 3457!!
I got went long at the high on the previous bar +space ....or @ 3499.....mmmm...will speak to you about the confusion after market hours. Sorry!

MJ-

Even I made this mistake. Had the focus on the down bars only, never realised that 12.30 bar on 30 minutes had made new lows. So, the SL should have been the high of 11 am bar.

 

[kapil123]

Saint,

I took the SAR level as under :

I identified lowest high bar on 30 as we have to look at high in a downturn and went 2 bars back so 10:30 bar high 3492 + 7=3499 ?

Was it wrong ?

Smart_trade

ST,

The focus should have been on lows. Anyways that's the learning for me .

 

[musicjunkie]

Even I made this mistake. Had the focus on the down bars only, never realised that 12.30 bar on 30 minutes had made new lows. So, the SL should have been the high of 11 am bar.

Good we realised it. Next time this wont happen. hopefully.....

MJ-

 

[vpsarathy]

Saint,
What is the new SL? Is it 3353-7=3346?
vps