SH's 315 Strategy - how to use if effectively

[ramath]

Hi friends keep an eye on archies.............

 

[ramath]

Hi Freinds keep any eye on JUBL Foods..................

 

[ramath]

Hi friends keep an eye on EROS Media............

 

[ramath]

Hi friends keep an eye on EVERONN..............

 

[ramath]

Hi friends please keep an eye on CENTRAL BANK...............

 

[Visualize]

Dear SH,

Today many scipt's like axixbank, banknifty, icicibank had 315 bullish crossover but SBIN and BankIndia caught my eye:

Uploaded with ImageShack.us

In SBI, there is a window between yesterday's and today's candle along with 3ema not touching. Please share your thoughts on this.

TY

 

[trade4joisar]

Yesterday BANKNIFTY has given buy signal & today it gave sell signal.
As per 315 is should go for it. But looking at yest & today i think i should wait.

It seems like 315 will not work in scenario where some news / results coming out like SH told i.e. 90% it will work but 10% not.

Same happened with WIPRO, Jan 19th given buy signal & on 21st given sell signal.

 

[Easytrader]

Dear SH,

Today many scipt's like axixbank, banknifty, icicibank had 315 bullish crossover but SBIN and BankIndia caught my eye:

Uploaded with ImageShack.us

In SBI, there is a window between yesterday's and today's candle along with 3ema not touching. Please share your thoughts on this.

TY

That was a nice catch i missed it..thanks for posting here:thumb:

 

[Visualize]

^ Check Tatasteel, Sbi & Titan today they all are in the same scenario. I feel a strong reversal is about to happen specially in banking stocks.

There are 90%+ chances that the price would revert to 3ema by the second day before they continue its direction and most of the times it triggers reversals and becomes the turning point. All the stocks listed above have decent or high volumes in derivative markets.

 

[Tradewithhunter]

Nifty 315 ...

original shorts from 5914 still running..... Friday gave an ADD entry at 5790 (15 EMA retest) .....

Cheers
SH