SH's 315 Strategy - how to use if effectively

[rithu4u]

Dear SH Sir/ 315 Gurus

Can this be considered as entry for shorting ABAN futures ? Pls guide.

http://tinypic.com/r/2lo3r74/3

 

[rithu4u]

this is todays aban closing chart

 

[shajans]

F&O Crossover as on 27-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
27-Jul-2010 RCOM SELL 315 -Cross 188.00 192.70
27-Jul-2010 SUZLON SELL 315 -Cross 59.15 60.63

no cash crossover happens today

Cash Crossover : 27-Jul-2010

Entry date Scrip Action Reason Entry Price
27-Jul-2010 ACC BUY 315 +Cross 848.45

 

[Tradewithhunter]

Dear SH Sir/ 315 Gurus

Can this be considered as entry for shorting ABAN futures ? Pls guide.

http://tinypic.com/r/2lo3r74/3

yes it can be shorted as per the charts you have posted.

 

[rrmhatre72]

Hi,

Will today's fall get NIFTY into sell mode as per 315?

 

[tmnkin]

F&O Crossover as on 28-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
28-Jul-2010 ABAN BUY 315 +Cross 899.55 877.06
28-Jul-2010 HDIL SELL 315 -Cross 258.90 265.37
28-Jul-2010 IDFC SELL 315 -Cross 184.65 189.27
28-Jul-2010 LT SELL 315 -Cross 1825.25 1870.88
28-Jul-2010 NTPC SELL 315 -Cross 199.25 204.23
28-Jul-2010 SUZLON SELL 534 -Cross 58.45 59.91

Cash Crossover as on 28-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
28-Jul-2010 ABAN BUY 315 +Cross 895.00 872.63

 

[rahuld2976]

F&O Crossover as on 28-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
28-Jul-2010 ABAN BUY 315 +Cross 899.55 877.06
28-Jul-2010 HDIL SELL 315 -Cross 258.90 265.37
28-Jul-2010 IDFC SELL 315 -Cross 184.65 189.27
28-Jul-2010 LT SELL 315 -Cross 1825.25 1870.88
28-Jul-2010 NTPC SELL 315 -Cross 199.25 204.23
28-Jul-2010 SUZLON SELL 534 -Cross 58.45 59.91

Cash Crossover as on 28-Jul-2010

Entry date Scrip Action Reason Entry Price Stop Loss
28-Jul-2010 ABAN BUY 315 +Cross 895.00 872.63

Dear,
do you use metastock ?
If yes which settings (options) do you use for charts ? ( y-axis properties & scaling)
coz I'm not getting the crossover you are mentioning.
SH sir & senior members please guide.

 

[Tradewithhunter]

Re-entry happened at 5375 and markets have been hovering slightly above these levels.

The current 315 trade has given approximately 400 point profit overall with currently 2 lots long open.

I have put a hard stop at 5345 since its time to lock in most of the profits.

Cheers
SH

3rd lot add signal at yesterday's close @5395 (15 EMA kissed and previous positions already in good profit).

Stop stays at 5345.

Cheers
SH

 

[rrmhatre72]

3rd lot add signal at yesterday's close @5395 (15 EMA kissed and previous positions already in good profit).

Stop stays at 5345.

Cheers
SH

Hi SH,

I do not hold any position as per 315. I was waiting for entry into this statergy after getting sell signal.
But it seems it is still showing buy signal & one more lot is added.
Is it OK if I enter now by taking Aug fut ~5400 level?

 

[Tradewithhunter]

Hi SH,

I do not hold any position as per 315. I was waiting for entry into this statergy after getting sell signal.
But it seems it is still showing buy signal & one more lot is added.
Is it OK if I enter now by taking Aug fut ~5400 level?

Yes, 15 EMA is the value zone i.e small risk zone so a trade can be entered.

Cheers
SH