SH's 315 Strategy - how to use if effectively

[vinst]

Bullish crossover on NF today?

regards
vin

 

[pundit]

Bullish crossover on NF today?

regards
vin

But EOD candle is not touching any of the EMA.

 

[dayder]

But EOD candle is not touching any of the EMA.

Dear SH,
1. EOD candle formed -- long legged Doji [ isn't it ?]
2. The candle is up & away from 3EMA, which should touch 3EMA within
two days.
Does it imply reversal ?

 

[Tradewithhunter]

Bullish crossover on NF today?

regards
vin

NO visible crossover on charts ... also candle not touching 3 EMA.... still holding shorts.

Cheers
SH

 

[rrmhatre72]

NO visible crossover on charts ... also candle not touching 3 EMA.... still holding shorts.

Cheers
SH

hi SH,

Has TISCO, SBI, Mahindra & WIPRO given buy signal?

 

[Tradewithhunter]

Dear SH,
1. EOD candle formed -- long legged Doji [ isn't it ?]
2. The candle is up & away from 3EMA, which should touch 3EMA within
two days.
Does it imply reversal ?

Dayder - Yes 3 EMA should be touched by today or maximum by MOnday (2 days).

Cheers
SH

 

[vinst]

Today NF closing abv 5975 would keep ema crossover in bullish stance. Hopefully by tht time 3e touch would have occured.

vin

 

[Tradewithhunter]

Today NF closing abv 5975 would keep ema crossover in bullish stance. Hopefully by tht time 3e touch would have occured.

vin

Yes, 3 EMA touched and I am out of shorts .... will open fresh longs if NF is closing above 5970-5975 levels.

Cheers
SH

 

[dayder]

Yes, 3 EMA touched and I am out of shorts .... will open fresh longs if NF is closing above 5970-5975 levels.

Cheers
SH

Dear SH,
Yesterday's EOD - Doji
Today's EOD - Doji
No trending seen in ADX
As such, are you opting for longs, 'cause of support of 15 EMA @ 5970-5975 ?
Don't you think it may break the current level and retrace to 5913 -- 5877 level ?

 

[anayash]

Yes, 3 EMA touched and I am out of shorts .... will open fresh longs if NF is closing above 5970-5975 levels.

Cheers
SH

are you talking about these levels on Nifty(Spot)? or Nifty Dec Futures?