Trading NR7 setup

[angira]

In fact it was NR9 yesterday. Has been in narrow range for 4/5 days with narrowest being yesterday!
Any pointers on how to trade this set up?

16-Aug., I think you had opportunity for entry/short...

angira...

 

[angira]

GM all,

for today watch on :

ICICIbank : pH-982.7 , pL-966.8
LT : pH -1466.4, pL-1448.6
Reliance : pH- 815.5 , pL-805.7
Tatasteel : pH-396.5 , pL-389.2

angira...

 

[rh6996]

16-Aug., I think you had opportunity for entry/short...

angira...

Sorry..was not specific..I was referring to SBI please!!!

In any case , in the data given by you, can you give some input about how do we go about trading the levels.

Here I can see that as per levels on 16th Aug we could have gone short below the low next day.

However taking 21st Aug levels it is seen that we opened with a gap down.. so what do we do? High was breached, do we go long, where is the SL or reversal...???
Either simply ignore this trade or there is some other way out?
Thanks again.

 

[angira]

Sorry..was not specific..I was referring to SBI please!!!

In any case , in the data given by you, can you give some input about how do we go about trading the levels.

Here I can see that as per levels on 16th Aug we could have gone short below the low next day.

However taking 21st Aug levels it is seen that we opened with a gap down.. so what do we do? High was breached, do we go long, where is the SL or reversal...???
Either simply ignore this trade or there is some other way out?
Thanks again.

personally for possitinal entry i refer daily or weekly chart in such type of situation.
for intraday 16th Aug, had good short entry.

AW10 or other seniors may be suggest it better.

angira...

 

[angira]

bhavcopy can not downloaded from nseindia. Is there any problem within surver ?

angira...

 

[angira]

Today watch for nr7 :

Nifty pH-5414, pL-5381.05
Sbin pH-1903.95, pL-1883.55

angira...

 

[krishan prakash saxena]

ZEEL is NR 7 ON 31/08/2012
Symbol Series Open Price High Price Low Price Last Price Range
ZEEL EQ 165.05 165.5 162.85 163.25 2.65


Symbol Date Expiry Open High Low LTP Range
ZEEL 31-Aug-12 27-Sep-12 164.25 166.55 164.25 164.45 2.3

 

[krishan prakash saxena]

ZEEL is NR 7 ON 31/08/2012
Symbol Series Open Price High Price Low Price Last Price Range
ZEEL EQ 165.05 165.5 162.85 163.25 2.65


Symbol Date Expiry Open High Low LTP Range
ZEEL 31-Aug-12 27-Sep-12 164.25 166.55 164.25 164.45 2.3

Zeel future break to lower value from 164.25 to 160.4

 

[krishan prakash saxena]

Reliance sep2012 future and sunpharma sep 2012 future are NR 7 TODAY.

 

[angira]

Today for nr7 watch on:

nse cash
RELiance pH-769.95, pL-760.05
DLF pH-198.5 , pL-192.7

angira...