iCharts Discussions

[msa5678]

Thanks Vinay, Now I know my mistake. I was putting the LOW as 5070 and getting confusions.

[WhiteSwan]

Mahson, Vinst, Vinay,

Could you please let us know the levels for today??

Thanx.
WhiteSwan - BLR.

[smartcancerian]

today entry near 5060 for longs with sl of 5030..(approx..not exat point to point)..tgt..5086..

[vinay28]

Target 5086.87 SL 5028.50 entry at or below 5058.50

[sameer.inspire]

vinay

At 9:30 Open 5062
High 5067
low 5050

So the trend was down
how u got the trend up.

[vinay28]

I use odin data but signals were opposite on charts and probably on mininifty, which I don't track.

[vinst]

NF in intra down

SL 4818, tgt 4764. short at cmp of 9:30 bar.

[vinay28]

Looks like today both side targets and SLs will be hit

[vinst]

[vinst]

[vinay28]

Avinash

If you recall my comment many months ago, the criterion for SL, which is 30, is the only fixed value in the strategy. As nifty goes lower and lower, we will have a situation where the target of 0.75% of Open will be lower than 30. This may mean that the possibility of a trade will diminish and hence the profit.

If you found that 30 was a good number for a nifty of, say, 6000, I suggest that you review whether making SL as 0.5% of Open would be a better (and safer) idea.

Thanks
Vinay

[vinst]

NF in intra down,
SL 4751, tgt 4694, short at cmp of 9:30

[vinay28]

Caution - chart show opposite trend with target 4751 and SL 4694

[vinst]

[rk_a2003]

Vinay...... You...... Green Boy. Do You always try to scare off yellow ones?!