iCharts Discussions

[rakpeds]

[vishyvaranasi]

hi rahul,

Welcome back and Bang On.

Just a clarificastion .

For nifty and banknifty reentry will be the same as fresh entryRight
For relinfras reentry will be EMA + or -3 in 30 TF .For 60 TF it is same as fresh entry at EMA + or - 6 and for 15TF it is the same as fresh at EMA=-3.Am i right.

By the way holding shorts in Nifty at 5289 banknifty at 10074(30TF) and relinfra at 459(30TF)

Vishy

[Rahulsharmaat]

Its all what u have written--

There wont be any further change in Rel Infra--

Nifty-- bank nifty-- lets see-- we need any change --or we will drop it from list entirely- that we will look after n decide soon.

as consolidation is killing in this

----------------------------------------------------------------------------------------

right now--

5 min in Nifty
7 Min in bank nifty is dropped totally

so will more re search on nifty--15 min--bank nifty 30 min

[rakpeds]

[Rahulsharmaat]

Stop loss is not the issue or problem---

we have to re-access target-- target 80 is also hitting-- but need something in consolidation--- lets see

[Rahulsharmaat]

i dont think anything needed in nifty 15 min -- its all fine---

[rakpeds]

[Rahulsharmaat]

back testing--- 7 min--35 ema--- lets see--- for those hard months--

[rakpeds]

[Rahulsharmaat]

everyone trades with standard time TF

i have traded nifty at 17 min also-- very success fully--still trading

[rakpeds]

[Rahulsharmaat]

17 min is'''

55 SMA

set up is---

let 2 candle close above 55 SMA high--- add 5 point filter and go long
stop loss 35 points--target 80 points

same in short side

Re-entry rules are different here....

why we needed 15 min--with 12 point filter is because--at times in rally or fall-- 2 nd candle is almost 60-- points from EMA value-----thats why this new set up was needed

[maooliservice]

Dear Rahul,

On 31st August in Bank nifty 30m TF at 12pm candle long trade trigerred

at10162 but at 14.00hrs stop loss hit at10051. Now bank nifty is short at

10051 with stop loss at10161

Is this right finding

Regards

Mohan

[Rahulsharmaat]

stop loss is 100 points only-- and please go through the excel--- as i am weak in remembering figures after my accident

so better trust on what is written in excel

[vishyvaranasi]

Rel Infra-

60 TF : Entry 6 points + or – EMA 34.SL 6 points abv or below the lvl. Tgt 50
Reentry : same as above

30 TF : Entry same as 60 TF Tgt: 20 points
Reentry: EMA 34 + or – 3Points. Candle NEED TOCOME in this filter place order in next candle and go long or short

15 TF : Entry EMA 55 high or low as per requirement + or – 3 points.SL 6 Points below or abv.Tgt 20 points
Reentry : Same as new position. OR Should we care for the candle to come to this filter?


Nifty : 15 TF Buy or sell EMA55 Band + or – 12 points. Tgt 80 points. SL 25 points
Reentry : Same as abv but Candle has to come into the filter and then place order.

Bank Nifty : 30 TF EMA 55 Band + or – 35 points .Tgt 300 points.SL 110 points.

Renetry : Same as above (like fresh Entry) .

Rahul,

Had given this as per my understanding. Pl. go thru and confirm is it right or did I miss something.