| View previous topic :: View next topic |
| Author |
Nifty View - August Series 2013 |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
Post: #631  Posted: Mon Aug 26, 2013 6:31 pm Post subject: |
 |
|
| Rita ...are u short again OR once the SL was triggered today at 5495 on first short as per your call at 5465, have the short to be re entered. pls clarify and target also. |
|
| Back to top |
|
 |
|
|
|
chqmate
White Belt
Joined: 14 Aug 2013
Posts: 10
|
| Post: #632 Posted: Mon Aug 26, 2013 7:01 pm Post subject: |
|
|
Hw can it be nr7?
today's range is 84 pts i guess..? |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #633 Posted: Mon Aug 26, 2013 7:05 pm Post subject: |
|
|
| chqmate wrote: | Hw can it be nr7?
today's range is 84 pts i guess..? |
Precisely. The previous 6 days have had more than 100 points range on all days, even upto 250 points. |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #634 Posted: Mon Aug 26, 2013 7:23 pm Post subject: |
|
|
| apka wrote: | | chqmate wrote: | Hw can it be nr7?
today's range is 84 pts i guess..? |
Precisely. The previous 6 days have had more than 100 points range on all days, even upto 250 points. |
Has any one traded NR7? with what method? and what is the sucess ratio.?
I know that today's low and high will the respective break levels.
What should be the SL in each case?
Please don't tell me that High will be the SL in case low is broken and vice versa. |
|
| Back to top |
|
|
chqmate
White Belt
Joined: 14 Aug 2013
Posts: 10
|
| Post: #635 Posted: Mon Aug 26, 2013 7:29 pm Post subject: |
|
|
| chqmate wrote: | Hw can it be nr7?
today's range is 84 pts i guess..? |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #636 Posted: Mon Aug 26, 2013 7:30 pm Post subject: |
|
|
| rk_a2003 wrote: | | Please don't tell me that High will be the SL in case low is broken and vice versa.[/color] |
unfortunately yes!  |
|
| Back to top |
|
|
chqmate
White Belt
Joined: 14 Aug 2013
Posts: 10
|
| Post: #637 Posted: Mon Aug 26, 2013 7:31 pm Post subject: |
|
|
| apka wrote: | | chqmate wrote: | Hw can it be nr7?
today's range is 84 pts i guess..? |
Precisely. The previous 6 days have had more than 100 points range on all days, even upto 250 points. |
Yes sir ur right. i got confused. its nr7.  |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #638 Posted: Mon Aug 26, 2013 7:32 pm Post subject: |
|
|
| vinay28 wrote: | | rk_a2003 wrote: | | Please don't tell me that High will be the SL in case low is broken and vice versa.[/color] |
unfortunately yes! |
|
|
| Back to top |
|
|
chqmate
White Belt
Joined: 14 Aug 2013
Posts: 10
|
| Post: #639 Posted: Mon Aug 26, 2013 7:38 pm Post subject: |
|
|
Was GDP data declared today or will it be declared tmrw???  |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #640 Posted: Mon Aug 26, 2013 7:42 pm Post subject: |
|
|
| vinay28 wrote: | | rk_a2003 wrote: | | Please don't tell me that High will be the SL in case low is broken and vice versa.[/color] |
unfortunately yes! |
Any historical data on success ratio? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #641 Posted: Mon Aug 26, 2013 7:45 pm Post subject: |
|
|
| rk_a2003 wrote: | | vinay28 wrote: | | rk_a2003 wrote: | | Please don't tell me that High will be the SL in case low is broken and vice versa.[/color] |
unfortunately yes! |
Any historical data on success ratio? |
for study of any pattern, always refer to Bulkowsy's study
http://thepatternsite.com/nr7.html |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #642 Posted: Mon Aug 26, 2013 7:47 pm Post subject: |
|
|
| chqmate wrote: | | Was GDP data declared today or will it be declared tmrw??? |
I heard that it will be postponed to 7th sept. Not sure |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #643 Posted: Mon Aug 26, 2013 8:02 pm Post subject: |
|
|
| rk_a2003 wrote: | | apka wrote: | | chqmate wrote: | Hw can it be nr7?
today's range is 84 pts i guess..? |
Precisely. The previous 6 days have had more than 100 points range on all days, even upto 250 points. |
Has any one traded NR7? with what method? and what is the sucess ratio.?
I know that today's low and high will the respective break levels.
What should be the SL in each case?
Please don't tell me that High will be the SL in case low is broken and vice versa. |
RK, I have traded NR7 like:
(1) If suppose today's low is breached, then trgt is yesterdays OLCH figures. Open figure comes at 5429 or low figure near 5380. So, I will book half at near 5429, if breached will hold for trgt 5380, but also see FNO setup how it's changing and not to decide my exit point in between.
(2) If suppose the high is breached then simply long for trgt where I expect the resistance to be at 5565-70 for e.g. in this case. |
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #644 Posted: Mon Aug 26, 2013 8:13 pm Post subject: |
|
|
Thanks, Apka&Vinay
Apka
RK |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #645 Posted: Tue Aug 27, 2013 9:46 am Post subject: |
|
|
I closed my yesterday's short @ 5395 today.
Axis Bank gone below 915, next best support on weekly is at 838-840... above it are 850-852, 880. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
