iCharts Discussions

[vinay28]

Vinst
I measured the following values on chart (1 sec tick)

Open high low
4990.00 4998.80 4978.00
hence target and SL are 4952.58 5003.00

[avinash02]

sl gone

[vinay28]

Can someone confirm whether today's present low is yesterday's high?

[yogpac0804]

[avinash02]

booked at 4945


avinash

[avinash02]

tg archived ...

[sujai1234]

NF down tgt achieved!!!!!!!!!!
booked @ 4935

[vinst]

[vinst]

NF in intra down,

SL 5078, tgt 5002, entry at or abv 5048.

looks like today also oddly opening levels are playing trick.

does anyone have chartical OHL and can give here?

[vinay28]

Vinst, trends were opposite in the first 10 minutes but by 9.30, it was down on both. Target of 5002 achieved

[vinst]

[vinst]

[arpitn]

Hi Guys,

First of all thanks avinash for gr8 strategy...
Can anybody tell how much is avg profit points from this strategy...means how much profit you guys got in June , July and Aug.

Second question how about sideways markets...is it performing well in sideways market too?

Hope for answers...

Thanks

[vinay28]

Theoritical minimum profit is as per strategy as given below

for uptrends : 0.75%*open+((open-(sl+30))
for downtrends : 0.75%*open+((sl-30)-open)

In reality, it depends on when you actually bought/sold NF and when you covered it.

[rk_a2003]

when nifty was in the range around 6000 the risk reward in this strategy is 1 : 1.5 .Now it has become almost 1:1 .

Avinash! any guide lines/ inputs in reseting stoploss/ target?

either we should scaledown s/l ( which may not be a brilliant Idea in volatile markets ) or we should increase our target ( which seems reasonable right now )