SH's 315 Strategy - how to use if effectively

[SACH2000]

3EMA kisses price bar!! :annoyed:

please suggest .is it time to short nifty fut dec @4808 as 3 ema kiss

 

[GainsOne]

3EMA kisses price bar!! :annoyed:

Kiss has not been returned BY price movement...!!

EMA retraced back..!! lol..

 

[rishete]

anyone short NF? at 3 EMA touch?

 

[rajesh pawar]

Do you still think this is going to work?

I am not comfortable shorting the market now when it is so oversold. Technically a bounce will come. I have purchased all mini nifty calls 3 lots avg Rs. 30. Risk taken Rs. 1800. The market will be more volatile now since expiry week and options are safe to play.

 

[rishete]

SH.... What is your position?(Call is showing loss hence check with you)....Waiting for your valuable feedback.

 

[gb333]

Keep buying if it falls to 4790 ... it will definitely bounce back. I have started buying 4900 CE at 42 ... will keep buying if it falls to 30 , 20, 10 and averaging ... worst case I will be able to get out at breakeven...

Cheers
SH

Dear experts,
Kindly attach the excel sheet which have auto-update the Nifty Fut EMA values in a excel worksheet.

Regards
Gautam

 

[achopraa]

Its almost there to touch the 3EMA (just 20 points away).
Not sure what position to take

Finally the day ends with EMA touching the Candle yet again in the manner it did just 2 days back.
Where does this leaves us with?
What should be the strategy?
Are you still holding the Options?
Where do you think will the expiry be?

I am all but confused now...

 

[summasumma]

I believe stay short is the safe bet for current scenario...instead of trying get some benefit out of expected up rally...

 

[sunny_cool]

I am not comfortable shorting the market now when it is so oversold. Technically a bounce will come. I have purchased all mini nifty calls 3 lots avg Rs. 30. Risk taken Rs. 1800. The market will be more volatile now since expiry week and options are safe to play.

Options are never safe to play until you know them very well....Option trading is very challenging & mathematical... so trade option only if you know it well

You should know your weapon before firing

 

[manoharpillai]

If nifty fut. Hits 4780 today 3ema will touch the candle hence can enter short position

4780 3 ema had touched the candle should has booked lose if any in long and short trade is the correct choice