Maximize profit using SH's strategy

[mech71]

GFZ
30 mins: 5258 - 5418

Daily: 4963 - 5597

SST
Bullish candle closed above 15 ema & then next price break previous candle high @ 5333 with SL @ 5311.
And @EOD, we had new high so now SAR is 5311.

30 mins 15 ema = 5344 (not too far & then new high is also not too far, so we might have new SAR

315
3 ema = 5330
15 ema = 5299

Weekly
3 ema = 5317
15 ema = 5270.

Monthly
3 ema = 5320
15 ema = 5278.

So now 315 including weekly monthly, SST are bullish. Let see.[/QUOTE ]



Nifty fut has not retraced 3EMA for last two days. So it has to retrace today being the 3rd day. According to rules the price should be re-traced to 3EMA in a maximum of three days. Hence Nifty fut should retrace back to around 5330 today.Am I right ????

 

[trade4joisar]

GFZ

30 mins: 5251 - 5411
Touched GFZ bottom & then made low of 5226 (in 30 mins it does not show till 5000 but in daily it is) & now coming to touch 30 mins 15 ema.

Daily: 4969 - 5604
Few points difference from GFZ bottom

SST
Again Bull SAR hit, made low of 5226 (as it is now showing till 5000 in 30 mins) & now coming to touch 30 mins 15 ema

30 mins 15 ema = 5321

Bear SAR = 5366 (high on 19th April)

315
3 ema = 5316
15 ema = 5299

Daily, weekly & monthly all are in bullish trend.

SST is in downtrend.

 

[dashr]

May Series

GFZ

30 mins: 5223-5382

315

3EMA=5292
15EMA=5326

Clearly bearish trend but go for short only on rallies as it is so close to GFZ on 30mins.

Today's close 5232.8

 

[trade4joisar]

April series

GFZ

30 mins: 5190 - 5348 (low made 5182).

Daily: 4949 - 5580

SST
Missed 3 points to touch 15 ema & then hit GFZ bottom @ EOD.

30 mins 15 ema = 5257

315

9th crossover

3 ema = 5250
15 ema = 5269

If close like this, weekly & monthly both will turned to bearish. And as we saw, monthly never gave whips & only 5 sessions are remaining.

Let see whether market will respect anything.

Already hit 30 mins GFZ, so not going for short.

 

[timepass]

Hey guys, are we missing something ?? Did Nifty Futures have 100EMA touch yesterday and the day before ?? Nifty spot's 100EMA is at 5120, but for Nifty Futures it is 5226. Check this out please. Should we expect a serious market correction ?

 

[gunsho]

Hey guys, are we missing something ?? Did Nifty Futures have 100EMA touch yesterday and the day before ?? Nifty spot's 100EMA is at 5120, but for Nifty Futures it is 5226. Check this out please. Should we expect a serious market correction ?

Either way is possible. April series, I expected similar when it touched 100 EMA and bought a strangle. Lost the trade and nifty was range-bound May be should have bought a straddle.

 

[gunsho]

Hey guys, are we missing something ?? Did Nifty Futures have 100EMA touch yesterday and the day before ?? Nifty spot's 100EMA is at 5120, but for Nifty Futures it is 5226. Check this out please. Should we expect a serious market correction ?

Missed to mention this. Nobody can miss the flag pattern shown in nifty for few months. Which usually results in up move (trend of the flag pole).

 

[trade4joisar]

GFZ
As expected, touched 30 mins 15 ema @ 5332

30 mins: 5138 - 5295
Daily:

SST
After 15 ema touch @ 1:30 candle gave signal, 2:00 candle breaked low of bearish candle with SL @ 5335
Gone till 5204 & then @3:00, SL hit & closed @ 5224.

So now again wait for bearish candle below 15 ema & then next candle to break low of bearish candle to go short.

30 mins 15 ema = 5227

315
3 ema = 5241
15 ema = 5279

3 ema left @ EOD with just 2 points.

Still monthly (4 days left) & weekly (3 days left) are in bearish mode.

Today, NF gone up only because of Infy which came from 105 points down to 40 points up (i thought it might be because of daily GFZ, but it was already on 1st day with 17, 9% deviation). BTW, in weekly 2nd week where it left 3 ema.)

SMC
100 ema touched today also.

 

[trade4joisar]

GFZ
30 mins: 5130 - 5286

Daily: 4810 - 5762 (Suddenly widen: may be due to spike to 5K).

SST
After bearish candle, 12:30 candle break low of previous candle with SL 5240
Before few points to GFZ bottom, it again up & touched 15 ema again & 2:30 candle close below 15 ema & next candle break low (so Add ?? & TSL = 5212 ??)

Made new low, so now 5240 became Bear SAR.

315
3 ema = 5220
15 ema = 5269

Weekly (2 session remaining) & Monthly(3 sessions) are still in bearish trend.

Let see how everthing looks like by this friday & on 30th April.

 

[trade4joisar]

GFZ
30 mins: 5119 - 5274

Daily: 4961 - 5594

SST
Today we had a very confusion day.

At open we had a 15 ema touch with bearish candle & then next candle breaked low of previous candle, so TSL became 5209 which was hit by 2:00 PM candle.
And then 2:30 bearish candle closed below 15 ema & next candle breaked below previous low with SL as 5312.

As today was expiry we need to now look @ Spot instead of Future.
So Spot SAR is 5336 & SL is same 5312.

Correct me if i am wrong.

315
3 ema = 5203
15 ema = 5259

Tommorrow will be 1st day after expirty, so April closing NF is 5214 & March was 5186.

Weekly (1 session) & Monthly (2 sessions) are still in bearish mode.