SH's MArket Correction Prediction Strategy

[bapu4]

Guys !! plz see and confirm !! Rcom Aug weekly chart !! Seems higly lucrative and mouth watering !!
Seems to come to 100 !!
It has not touched 15ema for last 15 weeks !! currently the 16 th candle i.e. 16th week is going on !!
Weekly 15ema is at 118 level !!

Plz confirm !!

-Vivek:clap:

 

[prst]

Hi Bhavesh,
A very good spotting ,it takes lot of hard work to spot such pics.
Now what we should do to encash this opportunity,
1. we can buy a call in the andhra bank for aug series,but since it is around 3 weeks remaining, there is a fear of bad erosion in the price of call,
if we buy fut aug the we are not sure of bottom of andhrabk ,similar is the case with other scrip,i think we should derive a sound strategy to encash such golden opportunities. But one day Iam confident we all will make it.:clap::thumb:

how about buying in cash?

 

[anilnegi]

Guys !! plz see and confirm !! Rcom Aug weekly chart !! Seems higly lucrative and mouth watering !!
Seems to come to 100 !!
It has not touched 15ema for last 15 weeks !! currently the 16 th candle i.e. 16th week is going on !!
Weekly 15ema is at 118 level !!

Plz confirm !!

-Vivek:clap:

price touches on 10th april

 

[bapu4]

Hi Anilji,
It means still it is 10 weeks if we consider 5 days =1week now as per SMC it is flouting the requirement and it is high time the price should return to 15ema,I think this is the unique case .

 

[masterstroke]

one question for this strategy .. consider suzlon... now when u apply this formula to it .. it never works.. consider educomp.. or all the stocks which has lost 80 %.. the point is its always advisable that this has to be applied to index only .. coz its sure that it is going to come down or up at whatever point it is .. so we can be confident for the same. hope i am clear..

 

[kaydee1127]

You mean to say that this strategy works.
I am sorry, I doubt.

 

[trade4joisar]

one question for this strategy .. consider suzlon... now when u apply this formula to it .. it never works.. consider educomp.. or all the stocks which has lost 80 %.. the point is its always advisable that this has to be applied to index only .. coz its sure that it is going to come down or up at whatever point it is .. so we can be confident for the same. hope i am clear..

PLEASE NOTE THAT THESE TIMEFRAMES ARE FOR NIFTY FUTURES ONLY.

Happy backtesting !!


Cheers
SH

As per author of this thread, i.e. SH, he mentioned that timeframe he has given works only for Nifty Future and not for all.

Dear Trade - Your enthusiasm made me check Educomp charts on EOD.

It seems the maximum time in touching 15 EMA is 6 weeks 3 days. This happened from 15th April 2010 to 1st June 2010

At the end of week 6 (27th May) Educomp was trading at 462. It ran up 15% in next 3 days to touch 15 EMA

So keep your fingers crossed, lets see if Educomp touches 15 EMA by end of next week.

Cheers
SH

It works for others also but then you need to find out the for last 4 years when these ema were touched and then decide instead of taking these timeframes which are for NIFTY.

I was in above trade and have got profit out of it. But now educomp and suzlon are became penny stocks so you cant apply it now.

You mean to say that this strategy works.
I am sorry, I doubt.

Hello Kaydee,

Yes it works and it works like butter, you just have to take in mouth and it goes in your stomach.

All credit goes to SH :thumb:

Hope this will help.

 

[kaydee1127]

Thanks Sir
But the confusion remains
We should count a week of 7 days or of 5 days (as per trading week).
As you are using this strategy since a long period you must have answer to this confusion of mine
Thanks.

 

[trade4joisar]

Thanks Sir
But the confusion remains
We should count a week of 7 days or of 5 days (as per trading week).
As you are using this strategy since a long period you must have answer to this confusion of mine
Thanks.

Hello Kaydee,

We have to consider it as a weeks and do not need to count days, days count is only for 3 ema touch.

Out of all other strategy by SH, this strategy do wonders. But yes others are also very very good strategies.

 

[anantharaaman]

It is confirmed, as per the data of Sharekhan's TT for Nifty futures, doesn't mean that nifty will come down tomorrow, maybe the EMA will rise up to meet the price.

wii u pls send the excell file through forum it will use otherthan watch chart pls