iCharts Discussions

[channasri]

Pls note ChannasriSAR for 26 - 8 - 2014: 7857
SL for longs : 7876
SL for shorts (if trend reverses):7840

Regards,
Channasri

[channasri]

Pls note ChannasriSAR for 27 - 8 - 2014: 7873
SL for longs : 7887
SL for shorts (if trend reverses):7850

Regards,
Channasri

[channasri]

Pls note ChannasriSAR for 28 - 8 - 2014: 7890
SL for longs : 7901
SL for shorts (if trend reverses):7875

Regards,
Channasri

[channasri]

Pls note ChannasriSAR for 1-9-2014: 7906
SL for longs: 7920
SL for shorts ( if trend reverses ) : 7890

Best regards,
Channasri

[channasri]

Pls note ChannasriSAR for 2-9-2014: 7932
SL for longs: 7946
SL for shorts (if trend reverses) : 7915

Best regards,
Channasri

[channasri]

Dear all,

I am happy to attach the performance chart of my Channasri SAR for 17 months - from 26th March 2013 to 28th August 2014. This should remove any doubts in your minds about my trading system. You will find 2 graphs. One shows OHLC against Channasri SAR and the other gives only EOD vs Channasri SAR. You will also find that during days of sideways movement, Channasri SAR has either given small profit or protected the trading capital. I wish happy trading to one and all.

From today onwards, I am giving a Nifty No. for positional short. This is because, we are in a bull cycle. When we are in a bear cycle, I will give a Nifty No. for positional longs.

All my Nifty Nos. are in spot only.

Pls note ChannasriSAR for 3-9-2014: 7963
SL for longs: 7984
SL for shorts (if trend reverses): 7950
Nifty No. for positional shorts if trend reverses: 7938

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[channasri]

Pls note ChannasriSAR for 4-9-2014: 7994
SL for longs: 8022
SL for shorts (if trend reverses): 7975
Nifty No. for positional shorts (if trend reverses): 7960

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[channasri]

Pls note ChannasriSAR for 5-9-2014: 8015
SL for longs: 8044
SL for shorts (if trend reverses): 8000
Nifty No. for positional shorts (if trend reverses): 7980

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[channasri]

Dear novice traders,

Sometime ago I insisted on 7650 levels. Now the levels are changed to 8125 region. Till now Nifty is behaving in the same way as in 2009 - I mean after the election results. So, if the near future behaviour continues in the same way, there will be a huge correction. When it unfolds is the big question.

Let's follow price action and nothing else.

Pls note ChannasriSAR for 8-9-2014: 8032
SL for longs: 8056
SL for shorts (if trend reverses): 8000
Nifty No. for positional shorts (if trend reverses): 7990

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[amitagg]

[channasri]

@amitagg: Pls avoid your posts. This is my request to readers of my thread as well. The reason is that this is exclusively for giving trading levels by me to novice traders. I don't want any distractions.

Dear novice traders,

I will give more detailed views about similarity with this bull market and the one witnessed after 2009 elections in a day or two when I get sometime.

Let's follow price action and nothing else.

Pls note ChannasriSAR for 9-9-2014: 8064
SL for longs: 8086
SL for shorts (if trend reverses): 8025
Nifty No. for positional shorts (if trend reverses): 8000

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[channasri]

Pls note ChannasriSAR for 10-9-2014: 8086
SL for longs: 8107
SL for shorts (if trend reverses): 8065
Nifty No. for positional shorts (if trend reverses): 8048

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[channasri]

Dear novice traders,

As in the past, Nifty once again took support of Channasri SAR and bounced. So, use my daily updates for your benefit. Learn TA, arrive at your own trading method. Whenever you get confused regarding the trend, my little helping hand is here. By the way, I have suggested some useful moving average crossovers in the past. You are welcome to make use of them as well. Pls refer the earlier posts if you have not read them so far. Most important thing is that you should arrive at your own trading method.

Pls note ChannasriSAR for 11-9-2014: 8093
SL for longs: 8110
SL for shorts (if trend reverses): 8069
Nifty No. for positional shorts (if trend reverses): 8069

Use 5 EMA in 5 min charts and the levels provided here for booking profits and trades. Always hedge your positions with options on the opposite side - especially on the day of trend reversal and the next trading day.

Best regards,
Channasri

[mouli123]

SL for longs: 8110
SL for shorts (if trend reverses): 8069
Nifty No. for positional shorts (if trend reverses): 8069

I am a new person watched your trend suggestion.
today you gave the above suggestion. I could not understand what it is.

kindly help me to understand your trend suggestion

[mouli123]

SL for longs: 8110
SL for shorts (if trend reverses): 8069
Nifty No. for positional shorts (if trend reverses): 8069

I am a new person watched your trend suggestion.
today you gave the above suggestion. I could not understand what it is.

kindly help me to understand your trend suggestion