iCharts Discussions

[bugs3003]

[Rahulsharmaat]

Buy is always above level so buy was above 846.1---

but profit has to be booked at 849.90-- not at 850.10

always follow this

[bugs3003]

[Rahulsharmaat]

after 846.1 buy

you got a chance to add at 843.10--

did u follow that ???

[bugs3003]

[bugs3003]

Seems to have bounced back from the SMA low. Is it wise to re-enter based on the filters?

[gopal_1438]

any new trigger?

[Rahulsharmaat]

today 2 calls target hit-- mentha 3 min

[gopal_1438]

today opened at 832.6 taking 3 points means buy above 835.6+0.5 point filter 836.1 & sell below 829 m i right?

[bugs3003]

[Rahulsharmaat]

yes only --next day of expiry -- 1st and the 2nd call

[Rahulsharmaat]

1hr mentha

short at 841-- went to 832--- Tsl hit at cost

short at 842-- went to 836-- tsl at cost

short at 844--- hit 828--- target hit at 829

[Rahulsharmaat]

Expiry over in Mentha

Monday will be first day of trade after expiry

Note first 3 min high and low..

Round off price add 1 point filter and put Buy /short.. above high/ below low

in case price is already roundoff-- add 2 point filter---

Stop loss is just 3 point--( in case of 2 point filter its 4 point sl )

target set at 18 points

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

If buy stop loss hit --- again place buy at same level--- till short dosent gets active----same if first call is short---after sl-- put again short at same level

[Rahulsharmaat]

one more trade set up:

on 9th trading day after expiry--- first see the trend of last 8 days--( in which more then 5 days should be same direction-- fall or rise )

If trend is down--- On 9th day wait for 1 pm candle Hrly close--see low of 1 pm candle-- Place buy order after roundoff--- wait to get active same day or max next day-- stop loss 4 points--- target 18 points


If trend is up--- on 9th day wait for 1 Pm candle hrly close-- see high of candle-- round off and place short order--with same sl and target


Note: in both calls-- on 8th and 9th day price should not rally ( in buy case ) price should not fall in short case more then 6-7 points--then only trade )


in last 12 months-- there was no stop loss--- we bought almost at low and shorted almost at high


Example :

1) 12th august we bought at 818-- low was 816--it went to 960 there after

2)12 sep we bought at 878-- low 875.5-- high 897--booked

3) 11th oct-- bought at 837-- low 835 -- booked high was 863

4) 12 nov--short at 905-- booked

5) 10-dec-- we have to buy-- but price rallied more the 7 points before buy set up--so avoid

6) jan again no calls

7) 11-feb -- bought at 777-- low after that 875-- booked

march no call as fall was more the 7 already before entry

9) april no call

10) may no calls

[Rahulsharmaat]

Expiry call

Buy mentha above 823.10-- sl 818.80

Short mentha below 815.8--- sl 820.20