iCharts Discussions

[Rahulsharmaat]

After all back tests and result-- following is the set up for this trade

high
close
low

55 SMA all of them

15 Min TF

Trade in Bhel and R capital

Rules are :

1} Entry when cross over or down happens and next candle dosnt touch 55 sma close.. place filter above or below 2nd candle 0.50 paisa in case of Bhel and Rs 2 in case of R Capital

2} In Bhel after entry place stop loss Rs 3 from your entry point and book at gain of 5 points-- Trail stop loss at cost when stock goes 4 points above your buy level...again wait for fresh cross over above or below and do same

in last 2 months-- only 2 stop loss of 3 point each hit and net gain is almost 72 points after all deductions-- which is Rs 72000---per lot in 2 months-- that means Rs 36000 in a month

3} In case of R capital. After entry place stop loss of 7 points from your entry and book at 20 points-- once it cross 10 points from ur buy rate TSL at cost-- and then if above 12 Rs Tsl at Cost plus 5 points - 3 stop loss hit in last 2 months and gain is almost 200 points-- thats Rs 50000 every month

Any feed back please update

I have gone through all stocks-- but these 2 suited most

[MILANCHN]

culd you pls iilabborate with examples/chart

[dharmeshtr]

[Rahulsharmaat]

everything is written in post--

as well stop loss after entry also

[ridinghood]

HI RAHUL
Hats off to u for ur hard work!
wish u all the best with this strategy!
regs
ridinghood

[imbst]

[Rahulsharmaat]

its not cross over -- as 55 sms is a band--

so candle close above 55 sma high or close below 55 sms low--
position on the high of 2nd candle or low of 2 nd candle in case of short

[imbst]

[Rahulsharmaat]

Rcapital Fo is Buy above 334.55-- stop loss 327.45--target 20 Rs

Bhel n Infra not ready yet

[ridinghood]

hi rahul
is relcap short trgd at 327.3 sl 334.5 tgt 307?

regs
ridinghood

[Rahulsharmaat]

Rel capital short on 25th at 324.50-- covered on expiry day at close 324.20-

Long on 27th didnt trigger
Short on 27th didnt trigger

Long on 28--@ 328.50--- went to 339-- exit came at 331.40-
short at 330.50--yesterday close-- stop loss now at 337.50-- book at auto exit or wait for 311

Gain till now 2.5 points in booked calls
Short yesterday making 7 points

[Rahulsharmaat]

Short Bhel at 225.25-- stop loss 228.30-- target 5 points

[Rahulsharmaat]

Buy Bhel at 228.75--- stop loss 225.75--target 5 points

[Rahulsharmaat]

Bhel Long stop loss hit loss 3 points-

Bhel short active --target 5 points booked---

gain 2 points--thats Rs 2000

[Rahulsharmaat]