SH's 315 Strategy - how to use if effectively

[rkkarnani]

Can someone please post today's trade if a crossover happen? Interestingly, even 100 EMA retouch is near.

Crossover at CMP of 5755 is there, 3 EMA is below 15 EMA, as per rules one enters a short trade only at or after 3:25+ PM.

Yes 100 EMA is at ~ 5700 and even 200 EMA ~5670 (My charts are RT converted to EOD, so there may be some difference in Levels)

 

[msa5678]

Crossover at CMP of 5755 is there, 3 EMA is below 15 EMA, as per rules one enters a short trade only at or after 3:25+ PM.

Yes 100 EMA is at ~ 5700 and even 200 EMA ~5670 (My charts are RT converted to EOD, so there may be some difference in Levels)

Guys...

How about going for a "BEAR PUT SPREAD"
If 3EMA stays below 15EMA after 3:25

NIFTY-5700-PE Buy @ 60.55
NIFTY-5600-PE Sell @ 30.00

Max Loss = 1527.5
Max Profit = 5669.45

(Above Suggestion is from ICICI Direct Site )


Do Share your thoughts.

Regards...

 

[sgr]

Guys...

How about going for a "BEAR PUT SPREAD"
If 3EMA stays below 15EMA after 3:25

NIFTY-5700-PE Buy @ 60.55
NIFTY-5600-PE Sell @ 30.00

Max Loss = 1527.5
Max Profit = 5669.45

(Above Suggestion is from ICICI Direct Site )


Do Share your thoughts.

Regards...

Max profit will be 100-(60.55-30.00)
i.e. 100-30.55=69.45
Rs. 3472.50

 

[rkkarnani]

I would rather Buy just a Put and wait for todays loww to be broken to go for shroting NF!! Thats how usually trade 315!! On the day of Signal I take position in Options and on break of the Hi or Lo with filters I go for the Futures.
This is not in the original rules so please dont be misguided.

 

[nallan]

I have taken a position axisbank futures.
315 cross over is on cards today.
Should reverse the trade?

Experts can guide me.

Regards

 

[nallan]

Dear experts, I have a doubt. You guys can clear the doubt.
Today axisbank is still not crossing 315. but nifty is sure.
Incase i reverse the trade with nifty as per 315 rule, it is an indication of falling nifty for next few days.
in such a case can I hold axis bank longs, it is already showing the tendency to fall from highs of 1445 in a matter of few days

 

[crusader]

Do we reverse our positions in NF? The 3EMA is just around below 15EMA.. the difference is very narrow. Pls comment...

 

[nallan]

MACD as well as stochastics showing bearish tendency for nifty may be it is better to short as 315 also showing bearish now

 

[deepakonroll]

All,
Reverse or no?
As per crusader the diff is narrow, but 3 EMA is below 15EMA.

 

[crusader]

I reversed my long position. Just sticking to the 315 rules. Lets hope this one goes well.