SH's 315 Strategy - how to use if effectively

[msri]

Dear Gautham,
You cannot trade in Nifty future with this amount. You require atleast 11500 to trade in Minifty

 

[rkkarnani]

Someone Kindly post the 315 EMA position of Nifty Fut @3.25 PM... I have Rs. 5000 to start this amazing strategy to make some money.


Thanks in advance
Gautam

Have patience and enter when Long is triggered.. the present short is already in decent profits.. ofcourse, one can take risk and enter on 15 EMA touch!!
The Long cross of 3EMA > 15 EMA as per todays level seems a long way away!! Maybe around ~ 5600 levels!!!
The mkt can continue to slide and may not give an opportunity to enter.. so take position as per your own risk profile!!

 

[galrani]

Hi Piuvbn

Just to clarify the 5290 was on Nifty not on futures (I do not subscribe to any intraday charts as I rarely trade intraday)

Today early morning the high of Nifty was 5293, and then Nifty went on to take this out. I have noticed in Nifty that the initial high made in the first half hour of trade is important. This is one of the point which I concentrate on.


After I wrote the note on this forum, Nifty retested 5290 at around 11 am followed by a rebound which has further strengthened my view.

Cheers

Shiva

PS I have added further shorts at 5285 few minutes back

Pls let me know why add short around 5290? Cheers

 

[shantanujatar]

further to yesterdays post of mine... LT , ITC and LIC had substantial correction... HDFCBANK however did not fall though had given a sell..

Today HINDPETRO and DISHTV have given a sell as per 315

 

[rh6996]

Seems even today a Nifty closing level around 5600 will be a bullsih crossover... 3EMA>15EMA

 

[galrani]

Hi

5600? Its too far away. Looks like Nifty will not close above 5300 today
Rgds
Shiva

Seems even today a Nifty closing level around 5600 will be a bullsih crossover... 3EMA>15EMA

 

[rh6996]

Hi

5600? Its too far away. Looks like Nifty will not close above 5300 today
Rgds
Shiva

Never meant to say that NF will close above 5600; Was trying to ascertain the level where the present Short trend changes to Long!! Near impossible for it to change today!!

 

[tanewbie]

close abv 5593.5 is reqd for longs! impossible today

 

[munde_77]

Today as per 315 strategy Axis Bank was given a Buy signal and Ranbaxy was given a sell signal.

So I am long in 1 lot in Axis Bank at 1255 and short in Ranbaxy at 517 . Let us see what happens

 

[san4bajaj]

Dear Sir,
Is this system for Intra day or can i use it for intra day and i m a daily loser you can say daily 5 trade in wich 1 profit and 4 loss. And i want to learn some trading techniques. Can Any one advice me how to enter a price level and exit.
All reply's are really highly appreciated.
Thanx in Anticipation