SH's 315 Strategy - how to use if effectively

[rkkarnani]

Nifty moving up again!!!!

 

[trader_boy]

reversal point for today is 4744.54 :thumb:

 

[GainsOne]

So entering in long positions by 3.25 if nifty sustains above 4760?

 

[rkkarnani]

So entering in long positions by 3.25 if nifty sustains above 4760?

Why 4760? Level posted here says >4745 as crossover level so as per rules one has to go long if NF > 4745 as near to the close as possible if the levels are very very close to ~4745!

 

[GainsOne]

I said 4760 because I expect NIfty to close around tht level only..(reason below)

Reason: Today being a day with a low trading range, the close should be around the ATP..which happens to be 4764..so nifty should close around this range..

And as per 315 we are to take positions by 3.25 only so, I believed that nifty will be around 4760 only.. And rightly so.>!! Anyways thanks for ur view.>!! :thumb:

 

[trader_boy]

entered longs @4756....and reversal point was ~4745 ...:thumb:

 

[Tradewithhunter]

Nifty has crashed to 4622 ... thats 113 points profit again. I have booked my shorts in futures and bought 4600 put for 120.

This means I have locked in all profits now in this short. Puts will make money if it falls further.

Cheers
SH

so finally this bearish swing has come to an end with Nifty giving a buy signal before days close. Puts exited and Nifty futures longs taken.

Though this swing shows only 130 points profit on charts (4885 to 4755) however due to our new rules we have taken more than 400 points profit during this swing (after deducting loss in puts).

Cheers
SH

 

[timepass]

In the last few minutes, it fell down with volumes.

 

[kcsusha]

Will anyone tell me the formula for arriving at tomorrow's

level by putting closing figure of today. EMA 3 and 15 also

will appear automatically. There is somewhere in this thread.

But difficult to locate. I want to use this formula for Infosys.

Thanks in advance.

 

[bhavesh_gelani]

Will anyone tell me the formula for arriving at tomorrow's

level by putting closing figure of today. EMA 3 and 15 also

will appear automatically. There is somewhere in this thread.

But difficult to locate. I want to use this formula for Infosys.

Thanks in advance.

dude mail me bhavesh_gelani at yahoo.com
i hav ready made file for u for infosys
bhavesh gelani