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For Chirag-20/35/55 sma study for nifty |
vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #226 Posted: Thu Apr 19, 2012 10:37 am Post subject: Pantaloon |
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Rahulsharmaat wrote: | Pantaloon retail-- is above 55 sms Daily-- day before yesterday closed above high--yesterday didnt touch 55 sms close-- so now its a buy
Buy above recent high 179.50 with stop loss 165.70 Closing basic--
If u get around 172--173--even then longs can be taken
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Hi Rahul,
Where can i apply the settings of 55sma high,low,close in icharts.Coz am not able to find it.
I use Jcharts plus premium
Vishy |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #227 Posted: Thu Apr 19, 2012 10:52 am Post subject: |
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Set on Charts ( premium ) |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #228 Posted: Thu Apr 19, 2012 11:00 am Post subject: Pantaloonr-1m |
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Rahulsharmaat wrote: | Set on Charts ( premium ) |
Hi Rahuil,
Thanx for your repkly.
Just gone thru the chart of Pantaloon. As said on 17/4 it had closed abv 55sma hogh and yesterday it hadnt gone below 55sma close. So as per your strategy we will take the position now. Am i right? But does this strategy work on any other TF or we shld consider only on EOD.?
For short is it the same, say like if the scrip closes below 55sma low and the next day it doesnt come aby 55 sma close then we shld short.
Vishy |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #229 Posted: Thu Apr 19, 2012 11:08 am Post subject: |
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Its EOD--- results are very good--
just have to select stocks--
I like patel eng-- given at 113-- booked at 121--- again can buy in dips
and pantaloon also |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #230 Posted: Thu Apr 19, 2012 11:34 am Post subject: Hi Rahul, |
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Rahulsharmaat wrote: | Its EOD--- results are very good--
just have to select stocks--
I like patel eng-- given at 113-- booked at 121--- again can buy in dips
and pantaloon also |
Hi Rahul,
Yep. feel like taking a position but SL seems a bit farther. So waiting for an opportunity.CMP is 175.05. So willtest this one.
Vishy |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #231 Posted: Thu Apr 19, 2012 11:46 am Post subject: Re: Hi Rahul, |
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vishyvaranasi wrote: | Rahulsharmaat wrote: | Its EOD--- results are very good--
just have to select stocks--
I like patel eng-- given at 113-- booked at 121--- again can buy in dips
and pantaloon also |
Hi Rahul,
Yep. feel like taking a position but SL seems a bit farther. So waiting for an opportunity.CMP is 175.05. So willtest this one.
Vishy |
Hi Rahul,
Bot 1 lot at 174.50.Crossing my fingers and prasying.
Vishy |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #232 Posted: Thu Apr 19, 2012 12:05 pm Post subject: |
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11 Jan 2010--- HDFC bank gave buy 464-- still its long and now at 551--- this is the dynamism of system
Gain now in hdfc bank is 90 points--thats Rs 45000 |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #233 Posted: Thu Apr 19, 2012 12:51 pm Post subject: |
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Pantaloon new day highhhhhhhhhhhhhhhhhhhhhhhhhhh
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #234 Posted: Thu Apr 19, 2012 3:17 pm Post subject: Hi Rahul |
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Rahulsharmaat wrote: | Pantaloon new day highhhhhhhhhhhhhhhhhhhhhhhhhhh
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Hi Rahul,
Holding my position of pantaloon at 174.50. If at all any advice upon it.Pl. let me know as i am new to this strategy.Also is there any option to find out the stocks that fit this strategy in FNO bcoz seeing all tyhe stocks daily is a tedious process.Pl advice.
Vishy |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #235 Posted: Thu Apr 19, 2012 4:10 pm Post subject: |
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As a safe trader as its first time trade for you-- keep stop loss below 173-- it closed at day high...
On other hand book it around 177--178---and re enter in dips |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #236 Posted: Thu Apr 19, 2012 5:07 pm Post subject: Thnx |
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Rahulsharmaat wrote: | As a safe trader as its first time trade for you-- keep stop loss below 173-- it closed at day high...
On other hand book it around 177--178---and re enter in dips |
Hi Rahul,
Thnx for your advice. By the wy any method to plot the stocks falling in this pattern
Vishy |
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chiragbvyas White Belt
Joined: 18 Feb 2010 Posts: 469
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Post: #237 Posted: Thu Apr 19, 2012 7:09 pm Post subject: hi |
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hello rahulji,
So you are now master in using the 55 sma trade set up, correct?
Hope you are minting money. i would like to know your experience about this trade set up. although i am using it since last 5 years through excel sheet.
keep profiting.
Regards
Chirag B.Vyas |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #238 Posted: Thu Apr 19, 2012 7:28 pm Post subject: |
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Chirag ji,,
Its all thanks to you... credit goes to you
Yes silver in 15 min was great... though due to some liquidity problem am not trading as for my sort of gain have to trade atleast 60--90 kg-- that i cant do now
Regarding stocks-- bad Exp with Lic-- n BPCL--so was away--
But not focusing on Patel n pantaloon--
and trading through 4--17 sma--15 min in stocks too -- some money pouring in--
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chiragbvyas White Belt
Joined: 18 Feb 2010 Posts: 469
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Post: #239 Posted: Thu Apr 19, 2012 7:36 pm Post subject: hi |
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since last april i am playing only heromotoco and earning good money.
if one script is generating good signals and profits i dont jump here and there.
so find one or two scripts and play as you get signals. I think you have forget the thumb rule of ten trades with strict stoploss.
but thats ok. whichever set up we use we must be comfortable to use it and gain from it.
all the very best
Chirag B.Vyas |
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #240 Posted: Thu Apr 19, 2012 7:46 pm Post subject: |
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Quote: | Rahulsharmaat wrote:
As a safe trader as its first time trade for you-- keep stop loss below 173-- it closed at day high...
On other hand book it around 177--178---and re enter in dips
Hi Rahul,
Thnx for your advice. By the wy any method to plot the stocks falling in this pattern
Vishy |
Try to understand, pantaloon is not the last stock to trade in-- you have bought at 174.50-- just book 3--4 points and again buy in dips....
and search some good stocks in it again |
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