SH's 315 Strategy - how to use if effectively

[VJAY]

My RT data converted to Daily does not show a down cross as stated by vJAY!! Trying to post a chart..

Dear RK,
Is yesterdays RT data shown down cross? @eod

 

[rkkarnani]

Dear RK,
Is yesterdays RT data shown down cross? @eod

No it does not!!

 

[rkkarnani]

Seems I have posted a "wrong" chart!!! Will check and confirm.. Sorry!!!

 

[hawaisanjay]

As per me crossover has happened yesterday.15EMA-5475.02--3EMA-5470.12--as per Nifty spot values

 

[rkkarnani]

The corrected RT data converted to EOD for 315 EMA applied is as below. The Cross did not happen yesterday as stated by VJAY:

The last bar is todays bar at 10:03

Arrows and colour mark the Crossover on closing basis.

 

[pundit]

As per me crossover has happened yesterday.15EMA-5475.02--3EMA-5470.12--as per Nifty spot values

We consider value of NF instead of Nifty Spot as per SH 315

 

[Suro]

As per my data cross happened last session closing as per adjusted close 5466.65. This is from NSE FO bhavcopy.

The last traded value of NF @3:30 pm was 5479 or so and did not show a cross.

 

[hawaisanjay]

We consider value of NF instead of Nifty Spot as per SH 315

As per futures also crossover has happened NF 5466.65---15EMA-5488.37---3EMA-5485.53

 

[rkkarnani]

http://www.traderji.com/technical-a...rategy-how-use-if-effectively.html#post333264

The above post by SH shows a Nifty Futures chart. It is possible that he favours the crossover in Spot Nifty and clarified later.

 

[pundit]

As per futures also crossover has happened NF 5466.65---15EMA-5488.37---3EMA-5485.53

Yes it has happened but both EMAs are almost at same level


EMA3 -- 5485.45 EMA 15 ---5485.83


These values are derived from Investbulls EOD chart for NF