Trading NR7 setup

[mohhnow]

hi rohan, i hav added cam & piv levels for some:
Dont know how to put in tabular format. So, plz bear with me...
STOCK HIGH LOW h4 h3 L3 L4 r3 r2 r1 pp s1 s2 s3
AXIS BK 999.95 988.1 997 993 987 983 1009 1004 997 992 985 980 973
BHEL 2,432.00 2,403.45
CIPLA 339.5 336 340 339 337 336 343 341 339 338 336 334 332
ICICI 885 875 884 882 876 873 894 889 884 879 874 869 864
IDEA 58.9 57.65
LT 1696.85 1683
RANBAXY 522.7 514.55
TCS 758.9 749.05 758 755 749 746 767 763 757 753 748 744 738

 

[rohangawale]

hi rohan, i hav added cam & piv levels for some:
Dont know how to put in tabular format. So, plz bear with me...
STOCK HIGH LOW h4 h3 L3 L4 r3 r2 r1 pp s1 s2 s3
AXIS BK 999.95 988.1 997 993 987 983 1009 1004 997 992 985 980 973
BHEL 2,432.00 2,403.45
CIPLA 339.5 336 340 339 337 336 343 341 339 338 336 334 332
ICICI 885 875 884 882 876 873 894 889 884 879 874 869 864
IDEA 58.9 57.65
LT 1696.85 1683
RANBAXY 522.7 514.55
TCS 758.9 749.05 758 755 749 746 767 763 757 753 748 744 738

If you want same in tabular form im just pasting my PH/PL levels drawn yesterday for NR7 Stocks:

SCRIP	PH2	PH1	DH	Close	DL	PL1	PL2	ATR	Range
NIFTY		5300	5238.45	5232.2	5167.1	5160	5071	75	71
AXIS 	1025	1017	999.95	992.1	988.1	981	970	26	12
BHEL	2510	2463	2,432.00	2,426.10	2,403.45	2370	2353	55	29
CIPLA	351	342	339.5	337.55	336	330	327	53	4
ICICI 	900	889	885	879.7	875	868	858	24	10
IDEA			58.9	58.2	57.65				1
LT	1720	1700	1696.85	1691.4	1683	1660	1620	35	14
RANBXY	533	525	522.7	517	514.55	510	500	14	8
TCS	794	791	758.9	751.65	749.05	719	715	18	10

 

[ThE HaMmEr]

we have NR7 day

* 25 min left.

 

[ThE HaMmEr]

thnx to idea and tata comm... made my day


NR7 in idea...

 

[mohhnow]

we will try nr7 prev day hi lo breakout tomorrow on nifty

 

[Sunil]

4th consecutive NR-4 day today!!!!!!!!!!

Infact, it's NR-550+ (in terms of absolute value or % to open price)

ALL TIME LOWEST

 

[rohangawale]

NR7 Stocks Triggered on 4th Jan 2010:

[B]STOCK		HIGH		LOW[/B]
AXIS BANK	999.95		988.1
BHEL		2,432.00	2,403.45
CIPLA		339.5		336
ICICI BANK	885		875
IDEA		58.9		57.65
LT		1696.85		1683
RANBAXY		522.7		514.55
TCS		758.9		749.05

NR7 Stock Close on 5th Jan:

		[B]4-Jan			5-Jan	
STOCK		HIGH	LOW		Close	Trigger[/B]
AXIS BANK	999.95	988.1		1012.8	Up Break
BHEL		2,432  2,403.45	     2435.4	Up Break
CIPLA		339.5	336		331.50	Down Break
ICICI BANK	885	875		888.05	Up Break
IDEA		58.9	57.65		60.25	Up Break
LT		1696.85	1683		1694.40	No Breakout
RANBAXY		522.7	514.55		513.40	Down Break
TCS		758.9	749.05		751.85	No Breakout

 

[rohangawale]

thnx to idea and tata comm... made my day


NR7 in idea...

Hammer ,
Tata comm is not mentioned in the list.
i think u read tcs as tata comm and traded on it.
any ways tata comm has given a good breakout but was not an NR7 stk.

But am happy tat the list posted by me is helpful to you.
great work
happy trading

 

[ThE HaMmEr]

Hammer ,
Tata comm is not mentioned in the list.
i think u read tcs as tata comm and traded on it.
any ways tata comm has given a good breakout but was not an NR7 stk.

But am happy tat the list posted by me is helpful to you.
great work
happy trading

no no....idea i pikd coz of NR7.... + change in downtred of 30,60 min tf... in opening 5 min bar..which is awsome...nice vol at beginning of trend....got in at 5 min ph...with stop at pl....

den i was gng thru sum charts of telecom sector...interestingly in daily downtrend..so looking for change in trend...ss came tata comm.. tata comm... had a wonderful opening today...1st 5 min bar...changed the 30 min downtrend ... so idea was to ride it at the beginning of new trend ... + it wud turnout to be a breakdown failure in daily...

 

[hiteshsjoshi]

4th consecutive NR-4 day today!!!!!!!!!!

We did not see 4 consecutive NR4 days throughout 2009.

Previous Occurrences of 4 consecutive NR4s:

Date                Nifty Move On Next Day
05th Jan 2010         ???
10th Jul 2008         5.07%     [We had 5 consecutive NR4 days]
9th Jul  2008         1.90%
20th May 2008         2.18%