SH's MArket Correction Prediction Strategy

[RAAMAKANT]

Arrrrrr, How I missed this thread completely ?....

 

[timepass]

In my chart its allready touched yday......bought 6000PE & 6300 CE
NB:I use future data chart for the same...

January month options??

 

[VJAY]

January month options??

No entered in february

 

[a1b1trader]

Nifty left 3 ema yesterday for 1st time.

3 ema = 6217
CMP = 6135.

NIFTY left 3 EMA today for 2nd time.

3 EMA = 6177.68
LTP = 6131.8

 

[anilnegi]

3 EMA left for two days, tommorrow might be day

 

[trade4joisar]

NIFTY left 3 EMA today for 2nd time.

3 EMA = 6177.68
LTP = 6131.8

I long NF at 6135.

3 ema = 6172.

Let see how it goes.

 

[trade4joisar]

I long NF at 6135.

3 ema = 6172.

Let see how it goes.

Exited at 6162, worked like you put butter in your mouth as always.

 

[trade4joisar]

Again on 31st Jan, Nifty spot left 3 ema for 2nd day.

CMP = 6089.5
3 ema = 6099.70.

I have not taken trade as difference is only 10 points.

BankNifty also left 3 ema for 2nd day.

CMP = 10237
3 ema = 10294.

Let see how it goes at open on 3rd Feb.

 

[timepass]

Again on 31st Jan, Nifty spot left 3 ema for 2nd day.

CMP = 6089.5
3 ema = 6099.70.

I have not taken trade as difference is only 10 points.

BankNifty also left 3 ema for 2nd day.

CMP = 10237
3 ema = 10294.

Let see how it goes at open on 3rd Feb.

Can we take shorts after 3ema touch on Nifty ??

I think Banknifty futures also have not touched 3ema for 2 days, despite premium improvement at the beginning of the series. That's some serious indication for a downside.

 

[trade4joisar]

Can we take shorts after 3ema touch on Nifty ??

I think Banknifty futures also have not touched 3ema for 2 days, despite premium improvement at the beginning of the series. That's some serious indication for a downside.

As per 315, yes.

I too think of shorting Nifty, BankNifty, waiting for better entry.