SH's 315 Strategy - how to use if effectively

columbus

Well-Known Member
F&O Crossover : 18-Oct-2010
F&O Crossover as on 18-Oct-2010

Entry date Scrip Action Reason Entry Price Stop Loss
18-Oct-2010 ABAN SELL 315 -Cross 845.00 866.13
18-Oct-2010 SBIN SELL 315 -Cross 3185.90 3265.55
 

rrmhatre72

Well-Known Member
Please wait until EOD (3.25 PM approx) to see if 3 EMA has crosssed 15 EMA or not before closing longs and opening shorts.

Cheers
SH
Hi Sh,

How do you analyse this today's move of the market/
Last traded price was 6085 which is exactly same as 15EMA.
But close price after settlement is 6075 which is below 15EMA
Appreciate your inputs.....
 
Hi Sh,

How do you analyse this today's move of the market/
Last traded price was 6085 which is exactly same as 15EMA.
But close price after settlement is 6075 which is below 15EMA
Appreciate your inputs.....
rrmmhatre - what matters is not the low but the EMA positions at the day end.

3 EMA is still above 15 EMA at day end so longs are continued to be held until a bearish crossover happens.

Cheers
SH
 

Similar threads