SH's 315 Strategy - how to use if effectively

[vinst]

NF above 5465 will lead to 315 buy signal

vin

 

[rrmhatre72]

NF above 5465 will lead to 315 buy signal

vin

Thanks. This mean if by 3.25pm if Nifty is above 5465 then we have to cover short & take long position.
Am I correct?

 

[vinst]

Thanks. This mean if by 3.25pm if Nifty is above 5465 then we have to cover short & take long position.
Am I correct?

Yes (applies to Nifty futures).

vin

 

[tmnkin]

F&O Crossover as on 03-Sep-2010

Entry date Scrip Action Reason Entry Price Stop Loss
03-Sep-2010 SAIL BUY 315 +Cross 191.85 187.05

Cash Crossover as on 03-Sep-2010

Entry date Scrip Action Reason Entry Price Stop Loss
03-Sep-2010 IFCI BUY 315 +Cross 60.85 59.33
03-Sep-2010 IFCI BUY 534 +Cross 60.85 59.33
03-Sep-2010 INFOSYSTCH BUY 315 +Cross 2785.55 2715.91
03-Sep-2010 RELCAPITAL BUY 534 +Cross 782.25 762.69
03-Sep-2010 SAIL BUY 315 +Cross 191.40 186.62

 

[kinguncle]

F&O Crossover as on 03-Sep-2010

Entry date Scrip Action Reason Entry Price Stop Loss
03-Sep-2010 SAIL BUY 315 +Cross 191.85 187.05

Cash Crossover as on 03-Sep-2010

Entry date Scrip Action Reason Entry Price Stop Loss
03-Sep-2010 IFCI BUY 315 +Cross 60.85 59.33
03-Sep-2010 IFCI BUY 534 +Cross 60.85 59.33
03-Sep-2010 INFOSYSTCH BUY 315 +Cross 2785.55 2715.91
03-Sep-2010 RELCAPITAL BUY 534 +Cross 782.25 762.69
03-Sep-2010 SAIL BUY 315 +Cross 191.40 186.62

Thanks for your consistent effort to put up the crossover candidates here. Like others I am silently observing them, though trading in only Nifty as of now.

Have you calculated how many points has 315 made on the stocks that you put up? I am asking just to compare it with Nifty.
What I have personally observed the difference in Nifty Vs Stocks is in regard to profit booking. Once you book a profit in stocks at prices away from 3ema, many times it does not come down below our booking level making us re enter higher.

What are your views on it? All others are also requested to comment as i think all with benifit from the discusion.

Thanks,
King Uncle

 

[Best of Luck]

3rd target achieved

Dear Tradewith Hunter,
Hope you remember my post on 13th July #1417
Quote:
Thanks Sir.
I am a layman with simple skills.According to my calculations
Nifty is in 5th wave from the low stating at 4767 in May 25th.
It is very strong.So according to Elliott wave the
first target is 5432-5440 which will be easily achieved by Nifty 90%
tomorrow itself.
The other targets are 5520 / 5574 /5590 and 5668 and
since Gann target also agrees with last target of 5668
I believe that Market will certainly go there.
Again thanks.
Today Nifty achieved 5520.The targets will be achieved but It may take time
and requires fresh calculations.

Dear SH Sir ,
Today 3rd target too is achieved.Only the last target is pending.
Hope we will meet there.
Thanks.

 

[kinguncle]

Thanks for your consistent effort to put up the crossover candidates here. Like others I am silently observing them, though trading in only Nifty as of now.

Have you calculated how many points has 315 made on the stocks that you put up? I am asking just to compare it with Nifty.
What I have personally observed the difference in Nifty Vs Stocks is in regard to profit booking. Once you book a profit in stocks at prices away from 3ema, many times it does not come down below our booking level making us re enter higher.

What are your views on it? All others are also requested to comment as i think all with benifit from the discusion.

Thanks,
King Uncle

Any views SH Sir?

 

[Tradewithhunter]

Any views SH Sir?

Hi King Uncle... most of the nifty stocks should retract back to 3 EMA. Exception cant be ruled out though.

Cheers
SH

 

[tmnkin]

Thanks for your consistent effort to put up the crossover candidates here. Like others I am silently observing them, though trading in only Nifty as of now.

Have you calculated how many points has 315 made on the stocks that you put up? I am asking just to compare it with Nifty.
What I have personally observed the difference in Nifty Vs Stocks is in regard to profit booking. Once you book a profit in stocks at prices away from 3ema, many times it does not come down below our booking level making us re enter higher.

What are your views on it? All others are also requested to comment as i think all with benifit from the discusion.

Thanks,
King Uncle

hi

what is said can happen many times, i have seen both the possibilities, even once i seen 534 crossover happened before 315 crossover, Reentering @ more than booking level is normal scenario, if nifty 90% we reenter above the booking price only.

 

[Tradewithhunter]

hi

what is said can happen many times, i have seen both the possibilities, even once i seen 534 crossover happened before 315 crossover, Reentering @ more than booking level is normal scenario, if nifty 90% we reenter above the booking price only.

Hi tmnkin - no croosover posted?

Cheers
SH