SH's MArket Correction Prediction Strategy

[anilnegi]

Explanations ?
in top fig bought 5500PE & 6000 CE -both costed 7493
down fig sold the same.....@9763 so profit of 2270

100 EMA again touch on 5903

http://www.investing.com/charts/real-time-futures-charts

 

[VJAY]

100 EMA again touch on 5903

http://www.investing.com/charts/real-time-futures-charts

5903????????

 

[timepass]

5903????????

You're right. I am seeing at 5792.xx

 

[anilnegi]

sorry all, its 5871.2

 

[anilnegi]

Today it touched 5919.8, but what is the strategy actually, bought call and put both

anil negi

 

[trader15]

as per 100 ema touchdown strategy, kitna bhagegi market .... and any rules on when will it correct..

 

[anup]

as per 100 ema touchdown strategy, kitna bhagegi market .... and any rules on when will it correct..

Bhai, Nifty 100ema is 5780.. It hasnt touched today, Once it touches you can trade..we cant predict how much it will correct.. but keep trailing SL and ride the profit

 

[trader15]

Bhai, Nifty 100ema is 5780.. It hasnt touched today, Once it touches you can trade..we cant predict how much it will correct.. but keep trailing SL and ride the profit

thx buddy. quick question on strategy basics:- Since the 100 EMA has been touched once earlier, are there any rules that nifty should touch again 100 EMA within X days or should it even touch 100 EMA again

 

[anup]

thx buddy. quick question on strategy basics:- Since the 100 EMA has been touched once earlier, are there any rules that nifty should touch again 100 EMA within X days or should it even touch 100 EMA again

I think you havent gone through earlier post by SH, He has defined clearly.Please read..

 

[trade4joisar]

Today in Nifty spot, 3 ema left for 2nd day

CMP = 6112.7
3 ema = 6077

Let see how it open tomorrow.