SH's 315 Strategy - how to use if effectively

[umeshlp]

That is the basic rule... and a few more..best would be to take the trouble of going through this lengthy thread to understand the finer points!!

Yes! No pain , no gain.... Unless you go through whole thread, your comfort level will not improve.

 

[manojborle]

Dear SH,
I am going through this strategy and liked it very much.
From what I understood til now , I have shortlisted 3 candidates for today

1. BataIndia for Long
2. Renuka and SCI for Short

Now will observe after 3 pm whether positions can be taken ?

If you are there can you tell me I am correct or not ?

 

[manojborle]

Dear SH,
I am going through this strategy and liked it very much.
From what I understood til now , I have shortlisted 3 candidates for today

1. BataIndia for Long
2. Renuka and SCI for Short

Now will observe after 3 pm whether positions can be taken ?

If you are there can you tell me I am correct or not ?

Looks like Bataindia crossover not happening, will see

 

[manojborle]

Looks like Bataindia crossover not happening, will see

Renuka and SCI are confirming the bearish crossovers, so can be shorted.

As a rule we have to wait till 3.25 pm

 

[manojborle]

Renuka and SCI are confirming the bearish crossovers, so can be shorted.

As a rule we have to wait till 3.25 pm

Shorted Renuka @ 31.6 and SCI @ 54 (Just a paper trade)

BataIndia no bullish crossover, so no Long entry

 

[angrish99]

Booked profit at 5455 now again long at 5429

 

[dashr]

Booked profit at 5455 now again long at 5429

Did you take both trades today i.e. 23rd? Were they as per 315?

 

[manojborle]

As per 315 strategy, 15 ema comes at 5362.7, so should we buy nifty future @ 5363 today

 

[rh6996]

As per 315 strategy, 15 ema comes at 5362.7, so should we buy nifty future @ 5363 today

The value of 15 EMA is dynamic during intraday moves and may rise with the Nifty rising!

 

[manojborle]

The value of 15 EMA is dynamic during intraday moves and may rise with the Nifty rising!

yes but at present it is not rising rather it is coming down, now the value is 5361.5