Trading NR7 setup

[amit_k2100]

hey AW10 thnx for replyng ....ya u r right to test ny sytem u need to do some resreach nd see its results......i have strtd follwng the thread nd will do my own research also....nd if found somethng to share with u guys i would definately will............thnx for replyng nd this setup....cheers:thumb:

 

[amit_k2100]

hey swami ....when i am creatng ur formula in meta i m geeting this chrt , plz tell me wht i am doing wrong...

 

[amit_k2100]

 

[amit_k2100]

why its not shwong the link of chrt on imageshack

 

[rohangawale]

NR7 Stocks Triggered on 10th Mar:

[B]STOCK		HIGH		LOW[/B]
AXIS BANK	1135		1117
CIPLA		320.00		314.50
GAIL		410.7		405.15
M&M		1139.65		1120
PNB		930		921.55
RANBAXY		457.95		450.9
SBI		2050.2		2026.4
SUN PHARMA	1662		1640**
TATA MOTORS	792.8		775.45
UNITECH		75.85		73.6**

** = 2NR7

NR7 Stock close on 11 Mar:

		[B]10-Mar			11-Mar			
STOCK		HIGH	LOW		Close	Day Range	Trigger[/B]
AXIS BANK	1135	1117		1151.35	28		Up Break
CIPLA		320.00	314.50		318.3	4		No Breakout
GAIL		410.7	405.15		417.25	13.00		Up Break
M&M		1139.65	1120		1125.05	22		No Breakout
PNB		930	921.55		923.05	12		No Breakout
RANBAXY		457.95	450.9		460.20	11.00		Up Break
SBI		2050.2	2026.4		2045.75	34.00		No Breakout
SUN PHARMA	1662	1640		1693.15	70.00		Up Break
TATA MOTORS	792.8	775.45		770.40	16.00		Down Break
UNITECH		75.85	73.6		74.40	6.00		No Breakout

 

[rohangawale]

NR7 Stock Triggered on 11 Mar:

[B]STOCK		HIGH		LOW[/B]
BHEL		2440		2411.6
CIPLA		320.45		316.10
DLF		316.4		309.2
RIL		1020		1007
SUZLON		78.5		76.4
TATA MOTORS	782.8		766.75

 

[mave_rick]

NR7 Stock Triggered on 11 Mar:

[B]STOCK		HIGH		LOW[/B]
BHEL		2440		2411.6
CIPLA		320.45		316.10
DLF		316.4		309.2
RIL		1020		1007
SUZLON		78.5		76.4
TATA MOTORS	782.8		766.75

Hi Rohan,

I guess these are some of the other scrips which made NR7. Please check....

SCRIPS HIGH LOW

IBREALEST 179.4 175.05

JINDALSAW 212.8 208.55

 

[AW10]

Mave_rick, Rohan scans only for NIFTY 50 stocks hence the stocks given by you may not be in his list.

Happy Trading

 

[amit_k2100]

hey rohan u doing great job man.........for lazy peoples like me.....:lol: ...cheerss

 

[trader.trends]

The weekly high on NF recorded today at opening 5168.80 and the weekly low was at 5092.2 giving us the weekly range at 76.60. It is the lowest weekly range for the year. A kind of NR10 on a weekly TF. The open and high were the same yesterday for almost an hour at 5118 levels. When that broke, the mkt went all the way to 5160 the high of the day and closed there.

Today again the open and high were same at 5168.80 and it stayed put. NF unable to go anywhere near it again. The trading range for the day was 42.65 and the 7ATR has shrunk to 47 points. Volatility is down. NSE site says the daily volatility of NF is at .97%.

The last time we did a sub hundred on the weekly range was in the first week of Jan. Subsequent weeks made the downward move. So a big time range expansion on cards. Expansions and contractions is what puts food on the table for traders.

Volatility as they say is more cyclical than the price. How we take advantage of that truth is upto each of us.