SH's 315 Strategy - how to use if effectively

[Tradewithhunter]

Hello Mayur,

Pls can you confirm which scrip are you talking about?

Also, to be honest you cant do much except wait for either a bullish crossover where you close your shorts and go long again ... or if bullish crossover has not happened you hold shorts until price starts falling.

The trick is you are shorting immediately as a crossover so a reversal in price and a bullish crossover will mean a smaller stop loss.

Cheers
SH

 

[Tradewithhunter]

Out of the 20 odd stocks I track, below 6 had triggered shorts as below and are in good profits.

Out of rest 14, one stock (Reliance) has triggered shorts today. Rest 13 have still not shown a bearish crossover and hence are also in profits due to the recent bull run.


6 of the stocks that have given a 315 bearish crossover and now falling are:

Aban Offshore : shorts triggered on 17/10/2009 at 1584, now todays closing price is 1540 (Rs 17600 profit till now per lot).

ACC : Shorts triggered on 7/10/2009 at 781 now at 760 (Rs 7900 profits per lot)


IFCI : Shorts triggered on 21/10/2009 at 54.70 now at 52.85 (Rs 14578 profit per lot)

RCOM : Shorts triggered on 6/10/2009 at 270 now at 230 (Rs 28000 profit per lot)


RelCapital - Shorts triggered yesterday at 894 now at 876 (Rs 4968 profit per lot)


Suzlon : Shorts triggered on 24/09/09 at 92 now at 84.25 (Rs 23250 profit per lot)


Enjoy 315 !!! :clapping:

Cheers
SH

 

[mayur553]

hey SH i was talkin about Nifty.. well after today's EOD it has went into bearish crossover.. or it had already went into bearish crossover yesterday??

 

[Tradewithhunter]

Hi Mayur - NF 315 shorts were triggered on 23/10/09 closing price.

Continuing from my previous post.. check out 315 results further:

Reliance (fut) : Fell from 2050 to 2021 today (Rs 4250 profit per lot)

Aban Offshore (fut) : shorts triggered on 17/10/2009 at 1584, now todays closing price is 1378 (Rs 82400 profit till now per lot). :rofl:

ACC (fut) : Shorts triggered on 7/10/2009 at 781 now at 761 (Rs 7900 profits per lot)


IFCI (fut) : Shorts triggered on 21/10/2009 at 54.70 now at 52.85 50.90 (Rs 30000 profit per lot) :clapping:

RCOM (fut) : Shorts triggered on 6/10/2009 at 270 now at 222 (Rs 33600 profit per lot) :lol:


RelCapital (fut) - Shorts triggered yesterday at 894 now at 859 (Rs 9660 profit per lot)


Suzlon (fut) : Shorts triggered on 24/09/09 at 92 now at 81 (Rs 33000 profit per lot) :lol:


Enjoy
SH

 

[Tradewithhunter]

Good morning.... most of these stocks are now testing 100 EMA zone hence booking all shorts ...

Good profits.. thanks 315 :clap:


Cheers
SH

 

[mayur553]

u mean to say if they go below 100 EMA they will slip down further

 

[Tradewithhunter]

u mean to say if they go below 100 EMA they will slip down further

Yes... once 15 EMA crossed 100 EMA bearishly that would mean offical bear market for me until a reverse crossover happens again.

 

[ppmatkari]

hello SH sir , which software do u use? I use metastock , i need formula for the add & exit rules. I have understood the system but am not able to devise proper formula for add & exit rules according to your system. Can you please help?

 

[Tradewithhunter]

hello SH sir , which software do u use? I use metastock , i need formula for the add & exit rules. I have understood the system but am not able to devise proper formula for add & exit rules according to your system. Can you please help?

Hello,

I have no special software to tell me entry/exit signals. The strategy is so simple that you can just look at real time EOD charts and decide whether to enter, add or exit.

Cheers
SH

 

[ppmatkari]

Please confirm Axis Bank , SBI & BAjaj Auto are on the brink of giving sell signal......am i right?