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[hemzbond]

thx chirag
can u pl. give some inputs on
what would be the exit trigger
and how do v keep trailing stoploss.

[chiragbvyas]

there is no system like trailing stops with us, what we maintain is 55 days low sma as stop loss. coz if our stop loss is not taken out then what is the meaning of trailing stops? suppose u put trailing stop and it is taken but 55 low sma (which is actually our stop loss) is not taken out then what to do? we hate to be in confusion like situation. apply just simple funda and else live it to markets, why should we decide that this script had run too much upside or down side, let the market decide. exit only by stop loss never by market price. just do ten trades ( or paper trade) according to this system and see the result. even if your 7 stoploss out of 10 are taken, don't worry rest 3 trades where yr stoploss are not taken will take care of losses. this my experience. this is a full proof system (tried and tested since 4 years consistently)

[hemzbond]

buddy

[chiragbvyas]

u r wel come.

[vkmkc]

[acharyams]

Sir chiragbvyas,
Is the strategy equally applicable in respect of all stocks? OR there is a list culled by you from your experience?

[vkmkc]

[chiragbvyas]

acharyams,

i used to select script which should have good volume, must be in f&o segment. there is no list .

[acharyams]

thanks, sir

[solanki]

[quote="chiragbvyas"]acharyams,

i used to select script which should have good volume, must be in f&o segment. tiCharts Discussions

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For Chirag-20/35/55 sma study for nifty




chirag bhai reply please see your Email in top of icharts u login see upper in this letter

[Rahulsharmaat]

After hero honda --Long candidate n a good run up of 1722-- 1769 today

now ABB LIC both If not cross 55SMA close --which they didnt cross till now--and yesterday closed below 55 SMS low-- then tom they are for shorts

[Rahulsharmaat]

after todays Closing---

================================
1] Hero honda-- Long--- Stop loss now 1722
2] hdfc Bank ---Long--- Stop Loss now 2301
================================


New Short ----

1} Abb yesterday close below 830.60 and today didnt cross 55 SMA close 840.30- today also closed below 55 SMA low--So its a fresh short now- Stop loss 850.30 55 SMa High--

2} Lic yesterday closed below 55 SMA low-- and today didnt cross 223 55 SMA close-- and today also closed below 55 SMA low so its a short -- Stop loss 226.70-- 55 SMA high


=============================
keep eyes on BRFL and BPCL--
=============================

Both may give Short any day-- so track

BRFL-- 55 sma low is 285.10-- Close above this--
BPCL-- 55 SMA low is 618.40--- yesterday intraday went to 599-- but closed above SMA low-- today also closed above SMA low-


==============================

Experts please point if any mistake

[Rahulsharmaat]

BRFL

[Rahulsharmaat]

LIC housing

[Rahulsharmaat]

BPCL