SH's 315 Strategy - how to use if effectively

[rkkarnani]

The problem is ,Sharekhan never bothered to rectify the candle value
on Apr 31 (???) ,which ran from 5400 to 5800,that means 400 nifty points
on a single day?

Columbus, its the closing price that matters here in 315 strategy!! High or low does not affect the EMA values!!

It can only affect the "looks" of a chart, not its value!!!

And also inlighter vein : April does not have 31st day!!!

 

[Visualize]

The problem is ,Sharekhan never bothered to rectify the candle value
on Apr 31 (???) ,which ran from 5400 to 5800,that means 400 nifty points
on a single day?

I am having the same candle using Getbhavcopy, though Nifty-II & III are perfect. You'll get to see this every once in a while on random stocks also.

 

[kcsusha]

In Mini Nifty also 3 EMA crossed15 EMA. Values are 3 EMa--5503
15 EMA 5482.

 

[abhay_vibgyor]

I am not sure if anybody noticed or not..but the getbhavcopy data for stock futures has been wrong for the MAY series. The 1st month data is switched with the 3rd month data.

Have a look at a part of the 2011-05-17 bhavcopy :

COREPROTEC-III,20110517,293.5,295,291.25,294.4,109,3589000
COREPROTEC-I,20110517,287.45,288.45,284.05,284.05,6,47000
COREPROTEC-II,20110517,0,0,0,273.6,0,7000
CROMPGREAV-III,20110517,248.4,251.8,236,241.7,865,1388000
CROMPGREAV-I,20110517,250,253.5,238.5,243.75,52,61000
CROMPGREAV-II,20110517,0,0,0,287,0,0
CUMMINSIND-III,20110517,714,717.5,708.65,710.85,85,193500
CUMMINSIND-I,20110517,719.9,719.9,719.9,719.9,1,5000
CUMMINSIND-II,20110517,0,0,0,726.3,0,0
DABUR-III,20110517,101.7,105.25,101.5,104,1777,4000000
DABUR-I,20110517,103.05,105.2,100.25,104.1,89,156000
DABUR-II,20110517,0,0,0,100.75,0,0
DCB-III,20110517,60.55,61,58.75,59,963,9708000
DCB-I,20110517,61.15,61.15,59.3,59.75,49,272000
DCB-II,20110517,0,0,0,60.25,0,0
DCHL-III,20110517,76.9,76.9,73.75,75.15,167,16268000
DCHL-I,20110517,73.85,75.75,73.85,75.75,3,310000
DCHL-II,20110517,0,0,0,79.15,0,0
DENABANK-III,20110517,95.1,95.3,92.3,93.25,796,6758000
DENABANK-I,20110517,95.5,95.5,93,93.8,109,634000
DENABANK-II,20110517,93,93,93,93,1,12000
DISHTV-III,20110517,68.75,69.45,68.15,68.75,470,12484000
DISHTV-I,20110517,69.5,69.8,68.55,69.1,14,104000
DISHTV-II,20110517,0,0,0,69.7,0,4000
DIVISLAB-III,20110517,713.55,723.5,705,716.75,887,1538500
DIVISLAB-I,20110517,720.45,724,708.1,720.25,27,30500
DIVISLAB-II,20110517,0,0,0,727.5,0,0
DLF-III,20110517,226.2,230,223,228.45,8015,17826000
DLF-I,20110517,226.45,230.9,224.5,229.45,430,1609000
DLF-II,20110517,230,230,230,230,3,12000
DRREDDY-III,20110517,1630.95,1647,1621,1633.95,912,872500
DRREDDY-I,20110517,1636.4,1652,1629.8,1640,78,39500
DRREDDY-II,20110517,0,0,0,1659.4,0,1500
EDUCOMP-III,20110517,433.35,436.35,423.4,428.8,936,2745500
EDUCOMP-I,20110517,433.5,436.5,425.5,430.1,71,105500
EDUCOMP-II,20110517,435.3,435.3,424.35,424.35,4,3000
EKC-III,20110517,82.6,83.8,80.8,82.05,453,3528000
EKC-I,20110517,82.9,83.7,81.95,82.45,7,46000
EKC-II,20110517,0,0,0,86.8,0,0
ESCORTS-III,20110517,127.05,127.85,123.8,125.45,268,2031000
ESCORTS-I,20110517,127.5,128.9,125.4,125.9,28,87000
ESCORTS-II,20110517,0,0,0,138.75,0,0
ESSAROIL-III,20110517,127.5,128.9,126,127,670,7574000
ESSAROIL-I,20110517,129.2,129.9,127.2,127.95,44,234000
ESSAROIL-II,20110517,0,0,0,136.95,0,0
EXIDEIND-III,20110517,157.6,160.5,156.35,158.3,329,1976000
EXIDEIND-I,20110517,158.3,159.5,157,159.05,64,132000
EXIDEIND-II,20110517,0,0,0,153.9,0,0
FEDERALBNK-III,20110517,439,444.3,435,436.7,449,946000
FEDERALBNK-I,20110517,444,444,439.4,440.5,6,35000
FEDERALBNK-II,20110517,0,0,0,439.9,0,0
FINANTECH-III,20110517,839.85,840.5,820.55,825.4,515,718000
FINANTECH-I,20110517,835,836,828,832.15,9,10500
FINANTECH-II,20110517,0,0,0,881.1,0,0
FORTIS-III,20110517,157.4,159.9,157.1,158.25,354,2208000
FORTIS-I,20110517,160.05,160.05,158.8,159.4,15,56000
FORTIS-II,20110517,0,0,0,163.6,0,2000
FSL-III,20110517,18.25,18.4,17.75,17.95,219,29280000
FSL-I,20110517,18.25,18.3,17.9,18,51,2376000
FSL-II,20110517,0,0,0,18.7,0,24000
GAIL-III,20110517,452,452,433.2,434.75,1751,1983500
GAIL-I,20110517,451.5,451.5,436.6,438.25,184,100000
GAIL-II,20110517,0,0,0,459,0,1000
GESHIP-III,20110517,287.5,296.45,285.3,287,379,511000
GESHIP-I,20110517,294,296.5,286.5,286.5,15,46000
GESHIP-II,20110517,0,0,0,294.2,0,0
GLAXO-III,20110517,2377,2380,2313.5,2357.2,72,18125
GLAXO-I,20110517,2342,2342,2342,2342,2,500
GLAXO-II,20110517,0,0,0,2278.85,0,0
GMDCLTD-III,20110517,137,140.45,137,139.55,169,740000
GMDCLTD-I,20110517,138.2,140,138.2,140,7,52000
GMDCLTD-II,20110517,0,0,0,146.35,0,0
GMRINFRA-III,20110517,37,37,36.1,36.6,592,40656000
GMRINFRA-I,20110517,37.35,37.35,36.5,36.9,92,1624000
GMRINFRA-II,20110517,0,0,0,39.7,0,0
GODREJIND-III,20110517,188.95,191.75,185.05,185.9,475,2873000
GODREJIND-I,20110517,189.6,189.7,187,187.35,13,35000
GODREJIND-II,20110517,0,0,0,191.35,0,0


315 users please confirm this as this can result in different values for 3 an 15 EMAs.

2nd month data is fine but 1st and 3rd month data is interchanged. Index data is fine though..

 

[summasumma]

Long in MiniNifty @ 5555 yesterday around 3:27 PM... CMP-5580 and price not touching 3EMA... is it better to exit and enter again when price touch 3EMA?

 

[hawaisanjay]

YES Exited price not touching 3EMA

 

[crusader]

Shouldn't we wait for 3:15 to exit if price is not touching 3EMA?

 

[Piuvbn]

Shouldn't we wait for 3:15 to exit if price is not touching 3EMA?

That is the rule I think. PR

 

[rh6996]

Please read the "rules" again!!!

 

[sub2501]

YES Exited price not touching 3EMA

AS per the eod 3EMA is at 5501(approx), can u pls tell me the exact price at which 3 EMA touches in realtime.

regards.