SH's MArket Correction Prediction Strategy

[trade4joisar]

@ 3:25 3 EMA line was not touching candle but as quota was full i was not able to enter into trade.

Will see how it reacts to this strategy.

It worked as expected.

Yesterday price @ 3:25 was 2307
Today's high @10:18 AM = 2363

Great SH sir. :clap: :thumb:

 

[summasumma]

hi SH,
Started reading this thread...Looks like these are very powerful strategies...Congrats for finding this successful strategy :clapping: and Thanks for posting in public to benefit others....:thumb:

Just got one basic doubt while reading up...May be little stupid, but please clarify from your side for better understanding.

Question:
Which days EMA is considered for ur strategies like 315 or 100EMA?

for eg:

considering 100EMA strategy,
On 18th may MARKET-CLOSE, Nifty 100EMA = 5659

So when the trade starts next day, 19th may, we should just use this till previous day's 100EMA value (5659) as the base value, to see whether the spot nifty cross this value up/down to enter the trade? (here we dont need any live charts services like icharts)

Or

On 19th May after the market opens and starts trading, we should see the current Live 100EMA value(based on current spot nifty value) and check whether the Nifty spot cross this 100EMA value to enter trade? (in this case, we might need the live charts services like icharts)

Or

We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute?

I hope the answer u r going to give applies to 315 strategy as well.

Kindly Clarify.

Awaiting response.

Thanks,
...summasumma

 

[summasumma]

hi SH,
Started reading this thread...Looks like these are very powerful strategies...Congrats for finding this successful strategy :clapping: and Thanks for posting in public to benefit others....:thumb:

Just got one basic doubt while reading up...May be little stupid, but please clarify from your side for better understanding.

Question:
Which days EMA is considered for ur strategies like 315 or 100EMA?

for eg:

considering 100EMA strategy,
On 18th may MARKET-CLOSE, Nifty 100EMA = 5659

So when the trade starts next day, 19th may, we should just use this till previous day's 100EMA value (5659) as the base value, to see whether the spot nifty cross this value up/down to enter the trade? (here we dont need any live charts services like icharts)

Or

On 19th May after the market opens and starts trading, we should see the current Live 100EMA value(based on current spot nifty value) and check whether the Nifty spot cross this 100EMA value to enter trade? (in this case, we might need the live charts services like icharts)

Or

We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute?

I hope the answer u r going to give applies to 315 strategy as well.

Kindly Clarify.

Awaiting response.

Thanks,
...summasumma

SH might be busy in his schedules...Can anyone help me in clearing the above doubt?

Thanks,
summasumma

 

[msa5678]

SH might be busy in his schedules...Can anyone help me in clearing the above doubt?

Thanks,
summasumma

Hi SS,

As far my memory goes, I remember that
almost all of SH's strategies are to be considered
around the end of the trading session, say between
3:15 to 3:30 pm.

 

[crusader]

Somewhere in his threads he has also mentioned that one can take positions in the morning if we use EMA 5 & 13 as far as 315 goes. For 100EMA, I think we can take a straddle or strangle position whenever the price touches 100EMA.

 

[Tradewithhunter]

hi SH,
Started reading this thread...Looks like these are very powerful strategies...Congrats for finding this successful strategy :clapping: and Thanks for posting in public to benefit others....:thumb:

Just got one basic doubt while reading up...May be little stupid, but please clarify from your side for better understanding.

Question:
Which days EMA is considered for ur strategies like 315 or 100EMA?

for eg:

considering 100EMA strategy,
On 18th may MARKET-CLOSE, Nifty 100EMA = 5659

So when the trade starts next day, 19th may, we should just use this till previous day's 100EMA value (5659) as the base value, to see whether the spot nifty cross this value up/down to enter the trade? (here we dont need any live charts services like icharts)

Or

On 19th May after the market opens and starts trading, we should see the current Live 100EMA value(based on current spot nifty value) and check whether the Nifty spot cross this 100EMA value to enter trade? (in this case, we might need the live charts services like icharts)

Or

We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute?

I hope the answer u r going to give applies to 315 strategy as well.

Kindly Clarify.

Awaiting response.

Thanks,
...summasumma

Correct answer is 'We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute'

Cheers
SH

 

[summasumma]

Correct answer is 'We should wait till last minute of trade around 3:25PM, assume some closing Nifty range and calculate the 100EMA till that time and see whether the spot nifty value crossed this 100EMA value or not. Then enter trade in last minute'

Cheers
SH

Thanks SH...Does the same rule apply for the 'ADD' position also?
That is, to see the current price touching the current 15EMA or not.
So we need to use some realtime service icharts to check the live 3D EMA/ 15D EMA?

Thanks,
...Summasumma

 

[Tradewithhunter]

Thanks SH...Does the same rule apply for the 'ADD' position also?
That is, to see the current price touching the current 15EMA or not.
So we need to use some realtime service icharts to check the live 3D EMA/ 15D EMA?

Thanks,
...Summasumma

yes for ADD we need real time charts.

Cheers

 

[summasumma]

yes for ADD we need real time charts.

Cheers

Thanks SH..

It looks like almost for 4 weeks, nifty didn't touched 15 EMA...
should we start going long targeting 15EMA now?
or we should wait for one more week(i.e 5th week) ?

What your take on this SH?

 

[manoharpillai]

Please check this link it shows only this week the candle is away http://www.nseindia.com/ChartApp/install/charts/mainpage.jsp if this link doesn't work you can check it in nse web site