SH's 315 Strategy - how to use if effectively

[tmnkin]

Nt seeing the charts but reading the simple mindset of people...i wud say..most of positional traders were short with 5400 (+ 40 to 50 pts SL)...so dis wud b taken out(5450)..& now the next...market will nt fall immediately unless any major result disappointment...it will make another new high ...& will fall when everybody will become confident & our learned T.analyst will bark(like gujral) abt 6100....In short...it will find a new spot for Bulls to Suicide..Guess wat number it is...ofcourse...it cant b & shud nt b near to 5400-5460..
Take care..

Vikas

i too feel inline with vikas, i think market will touch around 5500-50 then fall we may not touch 5000 again in this year, i think IT companies results will be
poor, as a it employee, i am still feeling IT is not recovered, its still just a hype

 

[tmnkin]

F&O Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 INFOSYSTCH SELL 315 -Cross 2748.50 2817.21
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.40 126.17
14-Jul-2010 NTPC SELL 315 -Cross 199.35 204.33
14-Jul-2010 RCOM SELL 315 -Cross 186.65 191.32
14-Jul-2010 TATASTEEL BUY 534 +Cross 504.50 491.89

Cash Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.45 126.21
14-Jul-2010 NTPC BUY 315 +Cross 199.65 194.66
14-Jul-2010 TATASTEEL BUY 534 +Cross 506.15 493.50

 

[rrmhatre72]

F&O Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 INFOSYSTCH SELL 315 -Cross 2748.50 2817.21
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.40 126.17
14-Jul-2010 NTPC SELL 315 -Cross 199.35 204.33
14-Jul-2010 RCOM SELL 315 -Cross 186.65 191.32
14-Jul-2010 TATASTEEL BUY 534 +Cross 504.50 491.89

Cash Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.45 126.21
14-Jul-2010 NTPC BUY 315 +Cross 199.65 194.66
14-Jul-2010 TATASTEEL BUY 534 +Cross 506.15 493.50

Hi TMNKIN/ SH,

Just want understand the logic perticularly on behavior of NTPC on 315.
9th was Sell, 13th was Buy & 14th again sell (Exactly opposite in cash)
Is this stock behave differently as compare to other stock?
This stock is not that volitile & since last so many months it is ranging around 200. Should there be diffent logic for this stock?

 

[Best of Luck]

Nt seeing the charts but reading the simple mindset of people...i wud say..most of positional traders were short with 5400 (+ 40 to 50 pts SL)...so dis wud b taken out(5450)..& now the next...market will nt fall immediately unless any major result disappointment...it will make another new high ...& will fall when everybody will become confident & our learned T.analyst will bark(like gujral) abt 6100....In short...it will find a new spot for Bulls to Suicide..Guess wat number it is...ofcourse...it cant b & shud nt b near to 5400-5460..
Take care..

Vikas

Thank you sir for your opinions.
Mr.SH wants everyone to share their views .
Even I like to hear what is the opinion of the learned seniors.
I am eager to hear the contrary news too.It gives me new insight.
I have based my opinion on the past behaviour of the trend in ELW.
According to EW ,Nifty took strong support at the second fib level of
5210 and stubbornly refused to below that even when Europe and US
markets nosedived nearly 5% and bleeding Hell .
Nifty bounced back from W4 down and made a new high.
So this behaviour will lead to further targets. But of course not in one go.
It will climb ,take rest ,come down and again climb.
But I am confident of the targets.
This is not based on fundamentals.
Tomorrow the scenario may change , who knows.
I am neither Gann nor Nastradumus.
Even the 315Ema is based on the past behaviour.Even TA too.
So if you say concretely ,what the future holds for Nifty we , other readers will be benefitted.
Thanks.

 

[shajans]

F&O Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 INFOSYSTCH SELL 315 -Cross 2748.50 2817.21
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.40 126.17
14-Jul-2010 NTPC SELL 315 -Cross 199.35 204.33
14-Jul-2010 RCOM SELL 315 -Cross 186.65 191.32
14-Jul-2010 TATASTEEL BUY 534 +Cross 504.50 491.89

Cash Crossover as on 14-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
14-Jul-2010 JPASSOCIAT BUY 534 +Cross 129.45 126.21
14-Jul-2010 NTPC BUY 315 +Cross 199.65 194.66
14-Jul-2010 TATASTEEL BUY 534 +Cross 506.15 493.50

Hello tmnkin;
This indeed is a very valuable post. Request you to post these figures at least by 3:25 pm; so we could take action as per SH's 315 strategy. Looking forward for this valuable post every day. Thanks.

 

[tmnkin]

Hello tmnkin;
This indeed is a very valuable post. Request you to post these figures at least by 3:25 pm; so we could take action as per SH's 315 strategy. Looking forward for this valuable post every day. Thanks.

Hi shajans, i am eager to post it on 3.25 itself, but unfortunately there is no way other than manual, i can post here, i am posting it automatically in my blog that will be updated automatically at 3.20 pm

 

[bhavesh_gelani]

@SH, TMNKIN
Wat i observed in infosys since last 3 months even we seen in past too that in 315 logic in sell mode infosys didn't give the much return (5-6% as per SH) where in buy it always boost and give the gud return see last buy genrated. thanks

 

[tmnkin]

F&O Crossover as on 15-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
15-Jul-2010 RCOM SELL 315 -Cross 184.60 189.22

no cash crossovers happened today

 

[vikas2659]

Nt seeing the charts but reading the simple mindset of people...i wud say..most of positional traders were short with 5400 (+ 40 to 50 pts SL)...so dis wud b taken out(5450)..& now the next...market will nt fall immediately unless any major result disappointment...it will make another new high ...& will fall when everybody will become confident & our learned T.analyst will bark(like gujral) abt 6100....In short...it will find a new spot for Bulls to Suicide..Guess wat number it is...ofcourse...it cant b & shud nt b near to 5400-5460..
Take care..

Vikas

So, Nifty did take out 5450 (high is 5453.65) & reversed for the time being..If we see Nifty Spot Charts & includes todays closing (Lower High)...the pattern is a reversal pattern (but confirmation would be added if tomorrow nifty breaches today's low..& uprend can be said to resume if nifty takes out todays high(both scenes on closing basis)..it seems 5453.65 was the New suicidal point(only my views)..

Enjoy...
Vikas

 

[tradenifty]

I think Nifty has found support at 5360 and now it may move up further making new highs.