iCharts Discussions

[channasri]

Hi,

Nifty is showing sideways movement. ChannasriSAR is also trending sideways.

Please note ChannasriSAR for 30-03-2016:

Nifty: 7614 (This is ChannasriSAR in spot)
TSL for shorts: 7614 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7614 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7580 is critical.
Nifty range for 30-03-2016: 7420 - 7755

Bank Nifty: 15666
TSL for shorts: 15666
SL for longs (if trend reverses): 15666
Bank Nifty intraday: 15600 is critical.
Banknifty range for 30-03-2016: 15240 - 16028

Relinfra: 518.25
TSL for longs: 518.25
SL for shorts (if trend reverses): 517.00
Relinfra intraday: 515.75 is critical.
Relinfra range for 29-03-2016: 487 - 549


NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Nifty is showing sideways movement. ChannasriSAR is also trending sideways.

Please note ChannasriSAR for 31-03-2016:

Nifty: 7642 (This is ChannasriSAR in spot)
TSL for longs: 7650 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7642 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7650 is critical.
Nifty range for 31-03-2016: 7560 - 7825

Bank Nifty: 15771
TSL for longs: 15820
SL for shorts (if trend reverses): 15771
Bank Nifty intraday: 15875 is critical.
Banknifty range for 31-03-2016: 15580 - 16430

Relinfra: 522.25
TSL for longs: 524.25
SL for shorts (if trend reverses): 522.00
Relinfra intraday: 527.50 is critical.
Relinfra range for 31-03-2016: 511 - 551


NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 05-04-2016:

Nifty: 7699 (This is ChannasriSAR in spot)
TSL for longs: 7711 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7680 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7705 is critical.
Nifty range for 05-04-2016: Not relevant due to the big event.

Bank Nifty: 15988
TSL for longs: 16051
SL for shorts (if trend reverses): 15970
Bank Nifty intraday: 16200 is critical.
Banknifty range for 05-04-2016: Not relevant due to the big event.

Relinfra: 537.00
TSL for longs: 541.00
SL for shorts (if trend reverses): 537.00
Relinfra intraday: 550.00 is critical.
Relinfra range for 05-04-2016: Not relevant due to the big event.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Nifty is heading towards consolidation / sideways movement.

Please note ChannasriSAR for 07-04-2016:

Nifty: 7667 (This is ChannasriSAR in spot)
TSL for shorts: 7650 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7680 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7615 is critical.
Nifty range for 07-04-2016: 7540-7735.

Bank Nifty: 15877
TSL for shorts: 15817
SL for longs (if trend reverses): 15900
Bank Nifty intraday: 15600 is critical.
Banknifty range for 07-04-2016: 15360-16120.

Relinfra: 539.00
TSL for longs: 541.00
SL for shorts (if trend reverses): 537.00
Relinfra intraday: 550.00 is critical.
Relinfra range for 07-04-2016: 520-565.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 12-04-2016:

Nifty: 7639 (This is ChannasriSAR in spot)
TSL for longs: 7651 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7620 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7653 is critical.
Nifty range for 12-04-2016: 7529-7790.

Bank Nifty: 15794
TSL for longs: 15794
SL for shorts (if trend reverses): 15750
Bank Nifty intraday: 15841 is critical.
Banknifty range for 12-04-2016: 15399-16241.

Relinfra: 547.50
TSL for longs: 549.50
SL for shorts (if trend reverses): 537.00
Relinfra intraday: 561.75 is critical.
Relinfra range for 12-04-2016: 541-596.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 13-04-2016:

Nifty: 7652 (This is ChannasriSAR in spot)
TSL for longs: 7670 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7640 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7663 is critical.
Nifty range for 13-04-2016: 7563-7810.

Bank Nifty: 15812
TSL for longs: 15850
SL for shorts (if trend reverses): 15790
Bank Nifty intraday: 15872 is critical.
Banknifty range for 13-04-2016: 15465-16303.

Relinfra: 553.50
TSL for longs: 557.25
SL for shorts (if trend reverses): 550.00
Relinfra intraday: 563 is critical.
Relinfra range for 13-04-2016: 541-595.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Reliance infra heading for consolidation/sideways movement ? Market's verdict is final.

Please note ChannasriSAR for 18-04-2016:

Nifty: 7687 (This is ChannasriSAR in spot)
TSL for longs: 7743 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7687 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7743 is critical.
Nifty range for 18-04-2016: 7622-7970.

Bank Nifty: 15888
TSL for longs: 15935
SL for shorts (if trend reverses): 15888
Bank Nifty intraday: 16013 is critical.
Banknifty range for 18-04-2016: 15677-16586.

Relinfra: 557.25
TSL for longs: 562.75
SL for shorts (if trend reverses): 557.25
Relinfra intraday: 563 is critical.
Relinfra range for 18-04-2016: 541-595.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 20-04-2016:

Nifty: 7725 (This is ChannasriSAR in spot)
TSL for longs: 7780 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7725 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7782 is critical.
Nifty range for 18-04-2016: 7643-8047.

Bank Nifty: 15932
TSL for longs: 16020
SL for shorts (if trend reverses): 15932
Bank Nifty intraday: 15998 is critical.
Banknifty range for 18-04-2016: 15647-16556.

Relinfra: 558.25
TSL for longs: 561.75
SL for shorts (if trend reverses): 558.25
Relinfra intraday: 559 is critical.
Relinfra range for 18-04-2016: 533-587.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 21-04-2016:

Nifty: 7761 (This is ChannasriSAR in spot)
TSL for longs: 7820 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7761 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7794 is critical.
Nifty range for 21-04-2016: 7642-8071.

Bank Nifty: 16005
TSL for longs: 16100
SL for shorts (if trend reverses): 15932
Bank Nifty intraday: 16067 is critical.
Banknifty range for 21-04-2016: 15747-16697.

Relinfra: 559.50
TSL for longs: 561.75
SL for shorts (if trend reverses): 560.00
Relinfra intraday: 559.50 is critical.
Relinfra range for 21-04-2016: 534-588.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 22-04-2016:

Nifty: 7788 (This is ChannasriSAR in spot)
TSL for longs: 7850 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7788 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7797 is critical.
Nifty range for 21-04-2016: 7617-8088.

Bank Nifty: 16121
TSL for longs: 16254
SL for shorts (if trend reverses): 16121
Bank Nifty intraday: 16267 is critical.
Banknifty range for 22-04-2016: 15765-17094.

Relinfra: 557.75
TSL for shorts: 557.75
SL for longs (if trend reverses): 560.00
Relinfra intraday: 555.50 is critical.
Relinfra range for 22-04-2016: 526-578.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Dear novice traders,

The intraday number given for all the 3 scrips in these updates may please be observed as an alternative, positional trading system to the ChannasriSAR trading strategy. I like to draw a horizontal trend line by keeping this number as reference point in 3 minutes chart and trade as per the crossover of 7 SMA above or below this trend line. Please consider this as an academic discussion.

Please note ChannasriSAR for 25-04-2016:

Nifty: 7815 (This is ChannasriSAR in spot)
TSL for longs: 7853 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7815 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7799 is critical.
Nifty range for 25-04-2016: 7620-8082.

Bank Nifty: 16245
TSL for longs: 16397
SL for shorts (if trend reverses): 16245
Bank Nifty intraday: 16311 is critical.
Banknifty range for 25-04-2016: 15853-17182.

Relinfra: 558.25
TSL for shorts: 557.75
SL for longs (if trend reverses): 560.00
Relinfra intraday: 557 is critical.
Relinfra range for 25-04-2016: 529-582.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 26-04-2016:

Nifty: 7831 (This is ChannasriSAR in spot)
TSL for longs: 7857 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7825 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7787 is critical.
Nifty range for 25-04-2016: 7595-8056.

Bank Nifty: 16347
TSL for longs: 16478
SL for shorts (if trend reverses): 16347
Bank Nifty intraday: 16313 is critical.
Banknifty range for 25-04-2016: 15856-17257.

Relinfra: 557.00
TSL for shorts: 555.25
SL for longs (if trend reverses): 557.00
Relinfra intraday: 557.50 is critical.
Relinfra range for 25-04-2016: 531-573.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 27-04-2016:

ChannasriSAR trading system's latest trades:
1) Nifty: Long triggered on 11th April, 2016 with ChannasriSAR @ 7639. Profit till EOD is 424 points. No trade in between.
2) Banknifty: Long triggered on 11th April, 2016 with ChannasriSAR @ 15783. Profit till EOD is 1220 points. No trade in between.
3) Relinfra: Short triggered on 21st April, 2016 with ChannasriSAR @ 559.50. Profit till EOD is 6.5 points. No trade in between.

Nifty: 7866 (This is ChannasriSAR in spot)
TSL for longs: 7886 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7850 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7869 is critical.
Nifty range for 27-04-2016: 7760-8065.

Bank Nifty: 16496
TSL for longs: 16627
SL for shorts (if trend reverses): 16496
Bank Nifty intraday: 16605 is critical.
Banknifty range for 27-04-2016: 16181-17416.

Relinfra: 556.50
TSL for shorts: 554.50
SL for longs (if trend reverses): 557.00
Relinfra intraday: 560.00 is critical.
Relinfra range for 27-04-2016: 534-577.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 28-04-2016:

Nifty: 7898 (This is ChannasriSAR in spot)
TSL for longs: 7914 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7880 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7869 is critical.
Nifty range for 28-04-2016: 7760-8065.

Bank Nifty: 16595
TSL for longs: 16718
SL for shorts (if trend reverses): 16595
Bank Nifty intraday: 16605 is critical.
Banknifty range for 28-04-2016: 16181-17416.

Relinfra: 555.50
TSL for shorts: 553.00
SL for longs (if trend reverses): 555.50
Relinfra intraday: 560.00 is critical.
Relinfra range for 28-04-2016: 534-577.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri

[channasri]

Trading range has reduced indicating consolidation or sideways movements ahead ? Market's decision is final.
Please note ChannasriSAR for 29-04-2016:

Nifty: 7894 (This is ChannasriSAR in spot)
TSL for shorts: 7894 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7894 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7888 is critical.
Nifty range for 29-04-2016: 7784-7953.

Bank Nifty: 16636
TSL for shorts: 16718
SL for longs (if trend reverses): 16595
Bank Nifty intraday: 16581 is critical.
Banknifty range for 29-04-2016: 16133-17150.

Relinfra: 551.00
TSL for shorts: 548.50
SL for longs (if trend reverses): 551.00
Relinfra intraday: 547.50 is critical.
Relinfra range for 29-04-2016: 523-560.

NOTE:

I draw a trend line using Channasri SAR as reference point. Cross over by 7 SMA in 3 min. time frame above this is LONG and below this SHORT. I change the trend line daily as per Channasri SAR for that day. I hedge with an option on the opposite side (PUT for futures long and CALL for futures short) especially on the day of crossover and the next day.

Disclaimer: I am not a registered research analyst. The above message represents my approach to positional trading based on my own study. Readers are requested to consider my posts as of academic interest and make their own studies and trade on their own. It is possible that I myself miss capturing the trade triggers as per ChannasriSAR system due to my busy schedules at the work place.

Best regards,
Channasri