SH's 315 Strategy - how to use if effectively

[Class]

Looks definitely like 3 crossed up to cut the 15 today. I didn't have RT EOD, but thought like it was likely a cross up. Shows definite cross in icharts.

It is in line with Bharti & Idea, and I suspect there will be some excitement generated ahead of the 3G auctions, supposed to be held next month.

Cheers,
Class.

RCOM, I took the trade following the rule

 

[Tradewithhunter]

and now longs from 5120 yesterday at work.... holding for 5200+ today.

Cheers
SH

 

[dil]

I am using ICICIDIRECT for time being. Is there a way to sell before it shows in my icicidirect trading account? I know I am OT.

Dear observer,
Now you can sell stock even if it has not come in demat. go to security projection under equity and from there u can sell till it is not avaiable in demat... Brokerage is same as delivery. Hope this helps..

-J4M

 

[observer]

@dil, thanks for the info.

 

[Tradewithhunter]

NF dipped today and touched 15 EMA at 5060. That's marginally above my initial entry point hence I have added a lot at 5060.

Cheers
SH

 

[observer]

RCOM whipsawed, and guess what, I did not reverse my position as I was away.

 

[Class]

Hi SH,
National Aluminium dipped to touch 15ema today, would that have been add to position TODAY, as you did with nifty? Otherwise India Cement looks to be coming toward 15ema today, if it touches tomorrow, add DURING the day or wait until 3.25pm?

Rcom crossed up 3 days ago and is still above 15ema, so that is a hold right?

All the best, thanks
Class.

 

[Tradewithhunter]

Hi SH,
National Aluminium dipped to touch 15ema today, would that have been add to position TODAY, as you did with nifty? Otherwise India Cement looks to be coming toward 15ema today, if it touches tomorrow, add DURING the day or wait until 3.25pm?

Rcom crossed up 3 days ago and is still above 15ema, so that is a hold right?

All the best, thanks
Class.

Class,

National Aluminium not touched 15 EMA today hence no ADDs today. Similarly India Cements havent touched 15 EMA.

RCOM 3 EMA is still above 15 EMA mariginally hence a hold.

Cheers
SH

 

[observer]

RCOM, should I reverse below my buy price and crossover? Or wait till EOD?

 

[Tradewithhunter]

RCOM, should I reverse below my buy price and crossover? Or wait till EOD?

Wait until 3.25 PM for a confirmed bearish crossover and then reverse.

Cheers
SH