Long or Short Opinion

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NIFTY is making range, which is normally sign of going up later. In case we close above 5400, then 5500-5550 can not be ruled out before this expiry. OIL sector seems to getting ready for rally (RIL, ONGC, IOC etc.).

Happy trading!
 

rajputz

Well-Known Member
From few days i am testing a new method called SAR. Not the one we recognize as Stop and reverse method. Methodology is same that we reverse the position but calculations are different. Owner Garurantees 350 points in worst case every month. Now i dont know how much authentic he is about his view in particular. But i will sure want to test the method. I am testing the method from 2nd july. Every new day it gives us a new figure via calculations on excel sheet about the SAR point for nifty. On second july it gave a long entry at 5302, and gave exit yesterday at 5386, and same is the reversing point. The next trailing stoploss it has given is 5381. Closing above which it can give reverse. lets c. Its just a test. I am testing it on one lot of nifty.

here is the excel sheet, which i will be uploading. First column of price is the closing price of today. Second column is the Last 5 days moving average. based on which it gives a reversing point. The reverse point for tomorrow is 5381. If it closes below it, i will stay short. above it i will go long. Action is to be taken at eod near 3:14 Pm.

Here is the excel sheet.


 

rrmhatre72

Well-Known Member
From few days i am testing a new method called SAR. Not the one we recognize as Stop and reverse method. Methodology is same that we reverse the position but calculations are different. Owner Garurantees 350 points in worst case every month. Now i dont know how much authentic he is about his view in particular. But i will sure want to test the method. I am testing the method from 2nd july. Every new day it gives us a new figure via calculations on excel sheet about the SAR point for nifty. On second july it gave a long entry at 5302, and gave exit yesterday at 5386, and same is the reversing point. The next trailing stoploss it has given is 5381. Closing above which it can give reverse. lets c. Its just a test. I am testing it on one lot of nifty.

here is the excel sheet, which i will be uploading. First column of price is the closing price of today. Second column is the Last 5 days moving average. based on which it gives a reversing point. The reverse point for tomorrow is 5381. If it closes below it, i will stay short. above it i will go long. Action is to be taken at eod near 3:14 Pm.

Here is the excel sheet.


Hi Raj,

Very simple method.
Pls keep on posting results.

just one query.
Is it last traded price on Nifty or closing price after day's settlement?
 
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rajputz

Well-Known Member
Hi Raj,

Very simple method.
Pls keep on posting results.

just one query.
Is it last traded price on Nifty or closing price after day's settlement?
I am trying to figure that out...will take 3:14 pm...but keep it just for testing purposes not trading...i am testing it...havent seen the worst case scenerio myself...will test it with one lot...
 
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