SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

NF is holding on to the slim gains today (like globl mkts).

Next month's series is trading at an 8 point premium which shows that longs are being rolled over.

I suggest people who want to rollover their NF positions to rollover now instead of waiting for 3.25 PM.

Cheers
SH

 

[tmnkin]

F&O Crossover as on 24-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
24-Jun-2010 SAIL SELL 315 -Cross 198.75 203.72


Cash Crossover as on 24-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
24-Jun-2010 SESAGOA BUY 534 +Cross 379.40 369.92

 

[mysticalrun]

Thank you sh sir for your wonderful 315 theory but if u can throw light about 5 ema theory than it will be helpful for us. Like every 3 day 3 ema to retest it..is it with same with 5 ema also?

Thanks in advance

 

[Tradewithhunter]

Thank you sh sir for your wonderful 315 theory but if u can throw light about 5 ema theory than it will be helpful for us. Like every 3 day 3 ema to retest it..is it with same with 5 ema also?

Thanks in advance[/QUOTE

Hi Mystical - Please read the other thread I have to learn more about important EMAs and the reversal theory. Its under a thread 'SH market prediction theory'

Remember - there is a rule for each and every EMA .. from 2 EMA to 200 EMA ...we just need to do some work and find them.

Cheers
SH

 

[Tradewithhunter]

Mkts have gone into consolidation , MACD on daily charts is positive, RSI is above 50 and 315 EMA setup is bullish .... all izz well for bulls right now.

I am holding longs until 315 gives a sell.

15 EMA has moved closer to 5200, so any dips to 5200 should be used to ADD longs as per the rules.

Cheers
SH

 

[tmnkin]

F&O Crossover as on 25-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
25-Jun-2010 SAIL SELL 315 -Cross 196.30 201.21
25-Jun-2010 SESAGOA SELL 534 -Cross 361.00 370.03

nill cash crossovers today

 

[simple_trader]

Mkts have gone into consolidation , MACD on daily charts is positive, RSI is above 50 and 315 EMA setup is bullish .... all izz well for bulls right now.

I am holding longs until 315 gives a sell.

15 EMA has moved closer to 5200, so any dips to 5200 should be used to ADD longs as per the rules.

Cheers
SH

Tend to believe market will get support around 5270 and probably resume rally next week. We can go upto 5450 NF around. Let's see how things work.

Happy trading!

 

[AlokTewari]

Tend to believe market will get support around 5270 and probably resume rally next week. We can go upto 5450 NF around. Let's see how things work.

Happy trading!

I really donot know what is your basis for assuming that 5270 will hold. If assumption is the basis of trading, ground realities suggest, we could be heading down in near term. Fuel price hike will add atleast a percentage increase towards inflation which means RBI has to do that much more monetary tightening to reign in inflation. Monsoon which was supposed to be normal has so far been about 20% less. On international front Eurozone problems are surfacing again, DOW is testing 10k support & if broken, could show few hundred points down side. So ground realities suggest we could have some downside but if we manage to still go up , so be it. Between 5350-5400 there will be good tug of war between bulls & bears. let's see who can pull the rope on their side.

Cheers !!!!

Alok Tewari

 

[simple_trader]

I really donot know what is your basis for assuming that 5270 will hold. If assumption is the basis of trading, ground realities suggest, we could be heading down in near term. Fuel price hike will add atleast a percentage increase towards inflation which means RBI has to do that much more monetary tightening to reign in inflation. Monsoon which was supposed to be normal has so far been about 20% less. On international front Eurozone problems are surfacing again, DOW is testing 10k support & if broken, could show few hundred points down side. So ground realities suggest we could have some downside but if we manage to still go up , so be it. Between 5350-5400 there will be good tug of war between bulls & bears. let's see who can pull the rope on their side.

Cheers !!!!

Alok Tewari

Alok, global markets are weak but, those will give bounce at anytime and push our index up. That's my understanding.

I may be wrong in my analysis. Fingers crossed. Also our market has not shown weakness yet. We need little more euphoria i guess.

Surely there will be fight in the area of 5300-5400. But ultimately, we would move up bit more.

Happy trading!

 

[rahuld2976]

F&O Crossover as on 25-Jun-2010

Entry date Scrip Action Reason Entry Price Stop Loss
25-Jun-2010 SAIL SELL 315 -Cross 196.30 201.21
25-Jun-2010 SESAGOA SELL 534 -Cross 361.00 370.03

nill cash crossovers today

Dear,
How do you calculate stoploss given above ?