iCharts Discussions

[satishboda]

stevenmat.. once the crossover happens, perhaps today; then puts of which strike rate would you start to accumulate ?

[stevenmat]

[shanticomq]

Hi Steve

5800 pe is at 69.10 & nifty fut at 5924 its below 5940

so buy trigger am i correct

Sanjay

[vinay28]

steve NF is in a sell as per strategy but have you checked 3-15 crossover on daily chart of 5800pe? It is important that such thing is checked since options loose value with time. Otherwise best to buy 6000pe whose intrinsic value is high or sell simply sell NF being start of the series.

One more reason - if 5800 pe doesn't rise in tandom with fall in NF, it means 5800pe is being written since NF may not go to 5800.

[stevenmat]

[stevenmat]

[shanticomq]

Hi stevevenmat

OK Boss & Thanks


Sanajy

[paa]

Why this deviation Steve? How come you think that market will be green on Monday?

[SIV123]

THOSE WHO KNOWS THE KNOWLEDGE OF EXCEL SHEET OPERATIONS CAN UNDERSTANDED OTHEWISE IT IS NOT POSSIBLE TO EXPLAIN THRUOGH THIS FORUM HOW THE CALCULATIONS CONSISTS OF FORMULAS

[vinay28]

[SIV123]

[b]Vinay 28 wrotes[/b]
next day for 26/7 is 29/7 with a sell @ 5947.85? or is it for next day of 25th? if so, why is it in same row as of 26th?

[b]Next Day for 26/7 is 29/7 with a sell below 5947.85 at the end of the day[/b].

[u]Some more Explanations[/u]:
Pl refer the explanation point No 4 in atteched sheet. If you put the EOD values of " O-H-L-C " in row 645 for 26-07-2013 the next row 646 in coloumn " H " shows EMA-1 Value ie) EMA-1 is 3 Days as in " H-2 " cell.Similarly the next row 646 in coloumn " K " shows EMA-2 Value ie) EMA-2 is 15 Days as in " K-2 " .Therefore at the end of the day 26-07-2013 EMA-1 ( 3 Days Exponential Moving Average ) is 5947.48 and EMA-2 ( 15 Days Exponential Moving Average ) is 5955.95. This you can see in the Icharts.
As per this strategy EMA-1 & EMA-2, the two EMA Crossover ( either up to down or down to up ) will going to happend at the value in coloumn " P " ie) 5967.25 .
[u][b]Example[/b][/u]:
On 25-07-2013 Nifty Close at 5907.35, EMA-1 (3Days ) is 5969.71, EMA-2 ( 15 Days ) is 5960.34. With this two values the Crossover for 26-07-2013 is calculated and it happened at the value in coloumn " P-645 " is 5947.85. Ie ) Nifty has closede below the Crossover Point ( Nifty closses at 5925.25 ).Moreover the present position of nifty also changed from in coloumn " M - 644 " as " 1 " to in coloumn " M - 645 " as " 0 "
Now on 26-07-2013 Nifty Close at 5925.25, EMA-1 (3Days ) is 5947.48, EMA-2 ( 15 Days ) is 5955.95. With this two values the Crossover for 29-07-2013 is calculated and it will going to happen [b]if Nifty closses above the value in coloumn " P-646 "is 5967.25.[/b]

[vinay28]

thanks siv123

[ajit602]

[shanticomq]

see mkt does see saw on daily basis but as per steve method crossover is done but if u want to buy put wait for a day you will buy put at lower levels
u will get maxs profits.

sanjay

[stevenmat]