Trading according to Karthiks strategy..

[anup]

Anup, thanks for this thread. Its on FIRE. :clap: And all you guys are all online, even dear Rangarajan as well. Special thanks for him as he made all of us aware about this strategy, and very special thanks to Karthick_Sri whose strategy we are using..... :clapping:

Which all stocks you all are tracking as of now?

Any more stocks to reach ATP line? Plz post name & ATP level .....

Thanks for your kind comments...today i was tracking adani(mine & RR favourite),tata steel(i admire ratan tata),rel cap.. but till 12.05 none generated signal so was waiting patiently...after that relcap short generated and in 10 mins the magic was shown...

Would like to thank Karthik for inventing this method, and RR for his great understanding of ATP method...

You can track: adani,icici,tcs,tata motors,tata steel,vip industriesrel cap:clap::clap::clap::clap::clap::clap:

 

[amitsh27]

where to find FUTURE ATP on NSE ?

 

[anup]

where to find FUTURE ATP on NSE ?

No idea.... Ask RR

 

[naim]

i have refered many charts but didn't located ATP....pls clarify

 

[anup]

i have refered many charts but didn't located ATP....pls clarify

Refer post number 23 in this thread and for basic about karthik's atp method refer : http://www.traderji.com/technical-analysis/69781-search-system-need-no-chart-no-ta-fa-2.html (post number 13)

 

[anup]

adani has given a sell signal long back..

 

[anup]

SAIL has also generated a sell signal and i also track it with 8/13/18 EMA and looks like it will go down further

sorry i dont track sail

 

[anup]

I am tracking below stocks and all seem to have good results with ATP..

vipind
adanient
tatasteel
tatamotors
lic housing finance
reliance capital
sail
coal india
tcs
bharti airtel
icici

Cool .. .. if any of ur stock generates a signal plz post live trade with SL, it will help others also.so that we can benifit from each others trade

 

[PartTime_Trader]

Hello

If yesterday's ATP is not available, then one can use its approximation.

On a normal day the average price {i.e. (H+L+C) / 3} of the daily candle will be almost equal to the ATP

This Avg is also called the floor pivot etc.

There are also many variations for getting these points/lines

for e.g. P = (O+H+L+2*C) / 5 - - - - - - - - - - -- - - this gives more weight to close

but for all those who can get ATP easily and this method is working already, no need to change anything

as it is said

If its not broken, don't try to fix it :thumb:

Cheers

 

[anup]

Hello

If yesterday's ATP is not available, then one can use its approximation.

On a normal day the average price {i.e. (H+L+C) / 3} of the daily candle will be almost equal to the ATP

This Avg is also called the floor pivot etc.

There are also many variations for getting these points/lines

for e.g. P = (O+H+L+2*C) / 5 - - - - - - - - - - -- - - this gives more weight to close

but for all those who can get ATP easily and this method is working already, no need to change anything

as it is said

If its not broken, don't try to fix it :thumb:

Cheers

thanks for sharing the formula