Dear Mr Ghosh
As I could understand from the first post, the sideways strategy look very much similar. Except that in the case of sideways strategy, the prices are taken at 10:30-10:45 AM and 03:00-03:15PM only where as in normal strategy, Price check is done at 9.30-9.45, 11.30, and 03.30 (or at convenient intervals). However, in various posts earlier, when other members displayed thier daily results, even during side ways strategy, price is checked and positions entered at 10.30-10.45 and at 11.30 (12.30 earlier) also. Will you please clarify?
regards
As I could understand from the first post, the sideways strategy look very much similar. Except that in the case of sideways strategy, the prices are taken at 10:30-10:45 AM and 03:00-03:15PM only where as in normal strategy, Price check is done at 9.30-9.45, 11.30, and 03.30 (or at convenient intervals). However, in various posts earlier, when other members displayed thier daily results, even during side ways strategy, price is checked and positions entered at 10.30-10.45 and at 11.30 (12.30 earlier) also. Will you please clarify?
regards
Dear Ghosh,
I have the following doubts also
1. In view of change in timings, whether we can check trend at 9.30-9.45, 11.30, 1.30 and 3.00 (2 Hrs interval) or only at 9.30-9.45 , 12.30 and 3.00 PM?
2. Whether the idea is to enter when there is 20 points up or down from the previous time check or this can be done only at the defenit time interval mentioned? For example, if 9.30-9.45, price is within 20 points from opening but at 10.00 it goes above 20 points. Whether as per strategy we can enter at 10.00 PM or we have to wait and check the position at next stage (12.30)
3. Yesterday exactly at 9.45 it was above 20 points (4760)and reversed immediately. at 10.30 again it was down beyond 20 points (4738). As per strategy we would have entered at 9.45 (4700 call at 140.00). Now whether we can enter again at 10.30 (4900 put at 217.00). If we check again at 12.30 nifty spot is 4685 more than 20 points down.(so we have to buy 4900 put at 258). But at 01.00 PM again nifty is higher beyond 20 points from 12.30 price. (4711) .Whether we can buy call again at 01.00?
Please kindly clarify.
I have the following doubts also
1. In view of change in timings, whether we can check trend at 9.30-9.45, 11.30, 1.30 and 3.00 (2 Hrs interval) or only at 9.30-9.45 , 12.30 and 3.00 PM?
2. Whether the idea is to enter when there is 20 points up or down from the previous time check or this can be done only at the defenit time interval mentioned? For example, if 9.30-9.45, price is within 20 points from opening but at 10.00 it goes above 20 points. Whether as per strategy we can enter at 10.00 PM or we have to wait and check the position at next stage (12.30)
3. Yesterday exactly at 9.45 it was above 20 points (4760)and reversed immediately. at 10.30 again it was down beyond 20 points (4738). As per strategy we would have entered at 9.45 (4700 call at 140.00). Now whether we can enter again at 10.30 (4900 put at 217.00). If we check again at 12.30 nifty spot is 4685 more than 20 points down.(so we have to buy 4900 put at 258). But at 01.00 PM again nifty is higher beyond 20 points from 12.30 price. (4711) .Whether we can buy call again at 01.00?
Please kindly clarify.
In sideways strategy as well the time starts at 9:05 followed by 9:30-9:45, 10:00, 10:30, 12:30 AM etc, I have updated in the begining of the 1st post of this thread that as per new timings time for entry starts at 9:05.
In sideways we buy equal no. of call or put as per strategy i.e. R1-S1 is outside 300,400 range.
In nomal strategy i.e R1 - S1 is between 300,400 then, we buy atleast 2 calls if trend is up by 20 pts as per trend check or buy atleast 2 puts if trend is down by 20pts as per trend check strategy.
One can have there own time frames, I reco. this as I tested using the rec. time frames.
Dear Ghosh,
I have also certain queries.
1. Whether we need to enter into fresh trade only on Monday and that too at early morning. If we miss to enter on Monday, can we enter on any other day of the wek since the R1 and S1 is valid for the entire week.
2. What is the difference in the strategy if R1 - S1 is between 300 and 400 and if r1 - s1 is not between 300 and 400, as stated in your first post?
regards
Sujit Talukder
I have also certain queries.
1. Whether we need to enter into fresh trade only on Monday and that too at early morning. If we miss to enter on Monday, can we enter on any other day of the wek since the R1 and S1 is valid for the entire week.
2. What is the difference in the strategy if R1 - S1 is between 300 and 400 and if r1 - s1 is not between 300 and 400, as stated in your first post?
regards
Sujit Talukder
One can enter any day fresh. We reco. to square off our positions by day end or carry till next day with hedge. As per this strategy we square off all positins by Friday EOD and start fresh on next Monday as per new R1 and S1.
Regards
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