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NR7 stocks... |
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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Post: #1  Posted: Tue Dec 14, 2010 10:35 pm Post subject: NR7 stocks... |
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List of NR7 stocks for 15-12-2010
ACC
ADANIPOWER
AMBUJACEM
APOLLOTYRE
BAJAJHLDNG
CANBK
COLPAL
IVRCLINFRA
JPASSOCIAT
KOTAKBANK
LUPIN
RELCAPITAL
ROLTA
SINTEX
UNIPHOS
Regards
Ravi
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vishytns
White Belt
Joined: 26 Nov 2009
Posts: 206
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| Post: #2 Posted: Tue Dec 14, 2010 10:39 pm Post subject: |
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What is NR7? how to trade them brother? 
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #3 Posted: Tue Dec 14, 2010 10:43 pm Post subject: |
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Here are some more NR7 Stocks
DLF
HINDALCO
IDFC
SBIN
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SID2060
White Belt
Joined: 04 Nov 2009
Posts: 319
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| Post: #4 Posted: Tue Dec 14, 2010 10:56 pm Post subject: |
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| vishytns wrote: | | What is NR7? how to trade them brother? |
Same ques bro. Plz reply
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #5 Posted: Tue Dec 14, 2010 11:34 pm Post subject: |
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NR7 is narrowest range in 7 days.
It is expected that great action follows NR7 days.
Some other NR7 stocks (NR made on 14 Dec 2010)
3IINFOTECH
ABAN
ALOKTEXT
ANANTRAJ
ANDHRABANK
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UFLEX
UNIONBANK
VARUNSHIP
WELCORP
YESBANK
Since number of stocks is so much it is very much difficult to identify possible high action stocks and trades.
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Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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| Post: #6 Posted: Wed Dec 15, 2010 12:10 am Post subject: |
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Hi Amit
Thanks for the updates... Forgot to mention that these are the NR7 stocks which has formed an inside bar today.
The complete list of all the NR7 futures stocks are (Excluding indices)
3IINFOTECH
ABAN
ACC
ADANIPOWER
ALOKTEXT
AMBUJACEM
ANDHRABANK
APOLLOTYRE
BAJAJHIND
BAJAJHLDNG
BANKINDIA
BEML
BGRENERGY
BHARATFORG
BOMDYEING
CANBK
CENTURYTEX
CHAMBLFERT
CHENNPETRO
COLPAL
DLF
ESCORTS
ESSAROIL
FEDERALBNK
GESHIP
GMDCLTD
HDIL
HINDALCO
HINDPETRO
IBREALEST
IDBI
IDFC
IFCI
IGL
INDHOTEL
INDUSINDBK
IOB
IRB
IVRCLINFRA
JPASSOCIAT
JPPOWER
KFA
KOTAKBANK
KSOILS
KTKBANK
LICHSGFIN
LUPIN
MOSERBAER
MRF
MTNL
NMDC
OFSS
ONMOBILE
ORIENTBANK
PANTALOONR
PATELENG
PIRHEALTH
RELCAPITAL
RELMEDIA
ROLTA
RPOWER
RUCHISOYA
SAIL
SBIN
SIEMENS
SINTEX
SKUMARSYNF
SREINFRA
STRTECH
SUZLON
SYNDIBANK
TATACOMM
TATAMTRDVR
TECHM
TRIVENI
TVSMOTOR
UCOBANK
UNIONBANK
UNIPHOS
WELCORP
YESBANK
Regards
Ravi
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vishytns
White Belt
Joined: 26 Nov 2009
Posts: 206
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| Post: #7 Posted: Wed Dec 15, 2010 8:07 am Post subject: |
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How do you define Narrow Range? How do we know what lies in near term in these stocks. Any indicators? Please throw some light how to trade narrow range stocks? 
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #8 Posted: Wed Dec 15, 2010 9:33 am Post subject: NR7 TRADING SETUP |
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Hi,
Please find in the enclosed document a small writeup about NR7 trading setup.
Hope ppl will find it useful.
Instead of posting list of NR7 stocks. If someone could start posting Entry level with stop loss for 2 to 3 stocks and follow it up in the coming days. Start with Eod candles and long entries only.
I believe it will be of much help in understanding the setup and more important to have faith in the trading system.
Hope some one will soon rise to the occasion.
SHEKHAR
| Description: |
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Download |
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NR7.doc |
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vishytns
White Belt
Joined: 26 Nov 2009
Posts: 206
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| Post: #9 Posted: Wed Dec 15, 2010 10:15 am Post subject: |
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Shekar,
Thanks for your document. Can anybody post calls on this method?
Shekar, I think you post some calls every day on this topic.
vishy
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #10 Posted: Wed Dec 15, 2010 7:41 pm Post subject: |
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Update on this stocks
note: i havnt traded this stocks... just posting results so that everyone can understand the nr7 setup.
DLF (FUT)
Trade Direction: Short
Entry Level: 289 (Previous Day's Low)
Stop Loss: 298 (Previous Day's High)
Close Price: 279.30
HINDALCO (FUT)
Trade Direction: Short
Entry Level: 222 (Previous Day's Low)
Stop Loss: 227.35 (Previous Day's High)
Close Price: 222.50
IDFC (FUT)
Trade Direction: Short
Entry Level: 174 (Previous Day's Low)
Stop Loss: 177.65 (Previous Day's High)
Close Price: 172.80
SBIN (FUT)
Trade Direction: Short
Entry Level: 2752 (Previous Day's Low)
Stop Loss: 2815.90 (Previous Day's High)
Close Price: 2711
Twist.
| twist wrote: | Here are some more NR7 Stocks
DLF
HINDALCO
IDFC
SBIN
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #11 Posted: Wed Dec 15, 2010 7:52 pm Post subject: |
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| twist wrote: | Update on this stocks
note: i havnt traded this stocks... just posting results so that everyone can understand the nr7 setup.
DLF (FUT)
Trade Direction: Short
Entry Level: 289 (Previous Day's Low)
Stop Loss: 298 (Previous Day's High)
Close Price: 279.30
HINDALCO (FUT)
Trade Direction: Short
Entry Level: 222 (Previous Day's Low)
Stop Loss: 227.35 (Previous Day's High)
Close Price: 222.50
IDFC (FUT)
Trade Direction: Short
Entry Level: 174 (Previous Day's Low)
Stop Loss: 177.65 (Previous Day's High)
Close Price: 172.80
SBIN (FUT)
Trade Direction: Short
Entry Level: 2752 (Previous Day's Low)
Stop Loss: 2815.90 (Previous Day's High)
Close Price: 2711
Twist.
| twist wrote: | Here are some more NR7 Stocks
DLF
HINDALCO
IDFC
SBIN
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Hi Twist,
Just look at the risk in the above stock futures like in dlf its 11 points, means 11000 for a lot even if u have not traded them its very difficult (close to impossible) to take such risk intraday also the rewards are not very healthy.
Particle trade i think is very difficult with such deep SL's, one SL and you are deeply hurt and out of ring.
Regards,
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twist
Joined: 12 Feb 2010
Posts: 333
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| Post: #12 Posted: Wed Dec 15, 2010 8:07 pm Post subject: |
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Hi sher bro
i agree with u sher i have posted this stops according to the setup
and i dont suggest anyone to use this kind of deep stop levels.... everyone should adjust their stops according to their risk appetite and money management rules
| sherbaaz wrote: |
Hi Twist,
Just look at the risk in the above stock futures like in dlf its 11 points, means 11000 for a lot even if u have not traded them its very difficult (close to impossible) to take such risk intraday also the rewards are not very healthy.
Particle trade i think is very difficult with such deep SL's, one SL and you are deeply hurt and out of ring.
Regards, |
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #13 Posted: Thu Dec 16, 2010 8:13 am Post subject: |
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| twist wrote: | .... everyone should adjust their stops according to their risk appetite and money management rules
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twist
Thanks for posting some of the NR7 stock entries.
I don't agree with your above statement. One cannot adjust stops as per our requirement. Stops have to be absolute, where they ought to be. We have to adjust our position (no. of stocks) as per risk appetite and MM rules.
That's why I had suggested Long entries in stocks, where we can decide number of stocks we are willing to buy.
One more important point, select stocks which have low volatility in general and your broker allows you to trade on BNST basis (Buy Now Sell tomorrow) otherwise you will be stuck in the position for next two days.
SHEKHAR
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mrvishal_g
White Belt
Joined: 17 Sep 2010
Posts: 89
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| Post: #14 Posted: Thu Dec 16, 2010 8:42 am Post subject: |
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Can anybody explain this NR7 setup
Vishal
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #15 Posted: Thu Dec 16, 2010 10:16 am Post subject: |
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| twist wrote: | Update on this stocks
note: i havnt traded this stocks... just posting results so that everyone can understand the nr7 setup.
DLF (FUT)
Trade Direction: Short
Entry Level: 289 (Previous Day's Low)
Stop Loss: 298 (Previous Day's High)
Close Price: 279.30
HINDALCO (FUT)
Trade Direction: Short
Entry Level: 222 (Previous Day's Low)
Stop Loss: 227.35 (Previous Day's High)
Close Price: 222.50
IDFC (FUT)
Trade Direction: Short
Entry Level: 174 (Previous Day's Low)
Stop Loss: 177.65 (Previous Day's High)
Close Price: 172.80
SBIN (FUT)
Trade Direction: Short
Entry Level: 2752 (Previous Day's Low)
Stop Loss: 2815.90 (Previous Day's High)
Close Price: 2711
Twist.
| twist wrote: | Here are some more NR7 Stocks
DLF
HINDALCO
IDFC
SBIN
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Hi,
Forget to mention the method you are using to enter and keeping SL ie the high and low is not the method suggested by Toby carbel for NR7.
Regards,
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