Trading NR7 setup

[Cubt]

I was wondering how come all these stocks came up in NR7 list

there isn't much NR7 stocks for todays trade.

 

[Biswajit Das]

NR7 stocks for 24th Jun/13 (cash)

Amararajabat 252 248.2
Hathway 266.65 262
M&M FIN 260.95 253.05
OIL 578.5 565.1

NR7 stocks for 24th Jun/13 (FUT)

ACC 1171.8 1155.1

 

[Biswajit Das]

I was wondering how come all these stocks came up in NR7 list

there isn't much NR7 stocks for todays trade.

I am very very sorry cubt, actually I have forgot to update my software before NR7 scanning. please ignore all stocks.

 

[Cubt]

It was another great learning today. Booked profis on bata around 840 and went short on acc. Though it bounced back in the evening, I was holding it with Nr7high as SL.

Also 1st time, did scalping on Dlf n nifty futures. Just purely used stochastic oscillator, whenevr it reaches over bought area I just shorted and covered it when it reaches over sold region,. Nothing else.

Made few 1000'S and closed the trade. Am just curious to know did anyone tried trading with stochastic in intraday. ?

 

[krishan prakash saxena]

It was another great learning today. Booked profis on bata around 840 and went short on acc. Though it bounced back in the evening, I was holding it with Nr7high as SL.

Also 1st time, did scalping on Dlf n nifty futures. Just purely used stochastic oscillator, whenevr it reaches over bought area I just shorted and covered it when it reaches over sold region,. Nothing else.

Made few 1000'S and closed the trade. Am just curious to know did anyone tried trading with stochastic in intraday. ?

So far, I never tried. If possible, can you please explain with examples.

 

[Cubt]

Check out this chart and try to correlate the stochastic movement and price movement.

let me know your findings, will explain it to u then...

 

[Biswajit Das]

NR7 stocks for 25th Jun/13 (cash)

ADANIPORTS 152 152 147.75 150.75 907117
DELTACORP 53 53.45 52.4 52.9 243209
JUBLFOOD 993 1016.95 991.45 1009.05 349958

NR7 stocks for 25th Jun/13 (FUT)

ADANIPORTS-I 150.95 151.8 147.7 150.85 3070000
DABUR-I 153.75 155.2 152 154.6 1732000
JUBLFOOD-I 993 1014.9 993 1008.35 1275250

 

[krishan prakash saxena]

Check out this chart and try to correlate the stochastic movement and price movement.

let me know your findings, will explain it to u then...

share have made a new low for the day but the oscillator has made a high and low, indicating when oscillator is high and share is low, we can short it.

 

[Cubt]

share have made a new low for the day but the oscillator has made a high and low, indicating when oscillator is high and share is low, we can short it.

What I have done here is,

open 1 minute TF chart.
Include Stochastic Oscillator to the chart

Since Market is moving downwards, my strategy is to short at every rise.

whenever Oscillator reaches 80 levels, it means over bought. So immediately sold 1000's of shares at Market price.

When Oscillator reaches 20 levels, it means over sold. I square of my position at market price.

Simple- :thumb: :thumb:

Note: (Do set any limit price when u place orders, bcoz for scalping its better to react then and there instead of waiting for ur price to get triggered)

 

[Cubt]

NR7 stocks for 25th Jun/13 (cash)

ADANIPORTS 152 152 147.75 150.75 907117
DELTACORP 53 53.45 52.4 52.9 243209
JUBLFOOD 993 1016.95 991.45 1009.05 349958

NR7 stocks for 25th Jun/13 (FUT)

ADANIPORTS-I 150.95 151.8 147.7 150.85 3070000
DABUR-I 153.75 155.2 152 154.6 1732000
JUBLFOOD-I 993 1014.9 993 1008.35 1275250

Also USDINR falls under NR7. Both June and July contracts.

59.605 59.7725 - June
60.2325 59.7525 - July