iCharts Discussions

channasri · Green Belt Joined: 01 Aug 2012 Posts: 1029

Nifty in consolidation or sideways movements.

Please note ChannasriSAR for 02-05-2016:

Nifty: 7889 (This is ChannasriSAR in spot)
TSL for shorts: 7889 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7889 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7875 is critical.
Nifty range for 02-05-2016: 7759-7962.

Bank Nifty: 16691
TSL for longs: 16750
SL for shorts (if trend reverses): 16691
Bank Nifty intraday: 16652 is critical.
Banknifty range for 02-05-2016: 16275-17144.

Relinfra: 547.50
TSL for shorts: 544.50
SL for longs (if trend reverses): 549.00
Relinfra intraday: 544.00 is critical.
Relinfra range for 02-05-2016: 517-565.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Nifty in consolidation or sideways movements.

Please note ChannasriSAR for 03-05-2016:

Nifty: 7875 (This is ChannasriSAR in spot)
TSL for shorts: 7860 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7889 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7859 is critical.
Nifty range for 03-05-2016: 7726-7940.

Bank Nifty: 16679
TSL for shorts: 16650
SL for longs (if trend reverses): 16700
Bank Nifty intraday: 16697 is critical.
Banknifty range for 03-05-2016: 16366-16875.

Relinfra: 547.50
TSL for shorts: 544.50
SL for longs (if trend reverses): 549.00
Relinfra intraday: 544.00 is critical.
Relinfra range for 03-05-2016: 520-566.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

I have this observation:

When (Higher end of nifty range for the day) - (Nifty intraday No.) is more than (Nifty intraday No.) - (Lower end of nifty range for the day), more probability of uptrend. Similarly, more probability of downtrend when
(Nifty intraday No.) - (Lower end of nifty range for the day) is more than
(Higher end of nifty range for the day) - (Nifty intraday No.).

When nifty range for the day is increasing and ChannasriSAR is on the LONG side, uptrend is strengthening.

When nifty range for the day is increasing and ChannasriSAR is on the SHORT side, downtrend is strengthening.

When nifty range for the day is decreasing, strength of uptrend or downtrend is coming down.

Change of trend is usually seen when nifty range for the day is narrow compared to previous sessions.

The above observations are found with bank nifty and relinfra also.

This discussion is for academic purposes only.

Please note ChannasriSAR for 04-05-2016:

Nifty: 7850 (This is ChannasriSAR in spot)
TSL for shorts: 7830 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7865 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7823 is critical.
Nifty range for 04-05-2016: 7655-7911.

Bank Nifty: 16637
TSL for shorts: 16586
SL for longs (if trend reverses): 16650
Bank Nifty intraday: 16599 is critical.
Banknifty range for 04-05-2016: 16170-16839.

Relinfra: 543.50
TSL for shorts: 541.50
SL for longs (if trend reverses): 545.00
Relinfra intraday: 540.00 is critical.
Relinfra range for 04-05-2016: 516-558.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 05-05-2016:

Nifty: 7822 (This is ChannasriSAR in spot)
TSL for shorts: 7796 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7822 (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 05-05-2016: 7601-7896.

Bank Nifty: 16579
TSL for shorts: 16496
SL for longs (if trend reverses): 16579
Bank Nifty intraday: 16516 is critical.
Banknifty range for 05-05-2016: 16003-16782.

Relinfra: 537.75
TSL for shorts: 535.50
SL for longs (if trend reverses): 540.00
Relinfra intraday: 532.00 is critical.
Relinfra range for 05-05-2016: 501-549.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 06-05-2016:

Nifty: 7806 (This is ChannasriSAR in spot)
TSL for shorts: 7779 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7810 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7809 is critical.
Nifty range for 06-05-2016: 7627-7921.

Bank Nifty: 16579
TSL for shorts: 16496
SL for longs (if trend reverses): 16579
Bank Nifty intraday: 16508 is critical.
Banknifty range for 06-05-2016: 15986-16821.

Relinfra: 537.75
TSL for shorts: 535.50
SL for longs (if trend reverses): 540.00
Relinfra intraday: 531.00 is critical.
Relinfra range for 06-05-2016: 501-551.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 09-05-2016:

Nifty: 7789 (This is ChannasriSAR in spot)
TSL for shorts: 7765 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7800 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7800 is critical.
Nifty range for 09-05-2016: 7611-7924.

Bank Nifty: 16493
TSL for shorts: 16409
SL for longs (if trend reverses): 16500
Bank Nifty intraday: 16507 is critical.
Banknifty range for 09-05-2016: 15991-16828.

Relinfra: 531.00
TSL for shorts: 527.00
SL for longs (if trend reverses): 533.00
Relinfra intraday: 531.00 is critical.
Relinfra range for 09-05-2016: 501-551.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 10-05-2016:

Nifty: 7800 (This is ChannasriSAR in spot)
TSL for longs: 7800 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7800 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7847 is critical.
Nifty range for 10-05-2016: 7701-8015.

Bank Nifty: 16511
TSL for longs: 16535
SL for shorts (if trend reverses): 16500
Bank Nifty intraday: 16631 is critical.
Banknifty range for 10-05-2016: 16239-17076.

Relinfra: 531.00
TSL for longs: 527.00
SL for shorts (if trend reverses): 533.00
Relinfra intraday: 536.00 is critical.
Relinfra range for 10-05-2016: 517-562.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 13-05-2016:

Nifty: 7827 (This is ChannasriSAR in spot)
TSL for longs: 7845 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7820 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty intraday: 7833 is critical.
Nifty range for 13-05-2016: 7751-7988.

Bank Nifty: 16631
TSL for longs: 16698
SL for shorts (if trend reverses): 16631
Bank Nifty intraday: 16701 is critical.
Banknifty range for 13-05-2016: 16461-17216.

Relinfra: 536.00
TSL for longs: 538.00
SL for shorts (if trend reverses): 533.00
Relinfra intraday: 535.00 is critical.
Relinfra range for 13-05-2016: 514-559.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 16-05-2016:

Nifty: 7823 (This is ChannasriSAR in spot)
TSL for shorts: 7823 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 7836 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 7803 is critical.
Nifty range for 16-05-2016: 7690-7927.

Bank Nifty: 16641
TSL for longs: 16704
SL for shorts (if trend reverses): 16631
Bank Nifty LOC: 16621 is critical.
Banknifty range for 16-05-2016: 16279-17055.

Relinfra: 531.00
TSL for shorts: 519.00
SL for longs (if trend reverses): 533.00
Relinfra LOC: 523.00 is critical.
Relinfra range for 16-05-2016: 495-540.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 17-05-2016:

Nifty: 7833 (This is ChannasriSAR in spot)
TSL for longs: 7845 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7820 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 7818 is critical.
Nifty range for 17-05-2016: 7721-7958.

Bank Nifty: 16664
TSL for longs: 16700
SL for shorts (if trend reverses): 16640
Bank Nifty LOC: 16629 is critical.
Banknifty range for 17-05-2016: 16297-17072.

Relinfra: 527.00
TSL for shorts: 525.00
SL for longs (if trend reverses): 530.00
Relinfra LOC: 521.00 is critical.
Relinfra range for 17-05-2016: 491-544.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 18-05-2016:

Nifty: 7847 (This is ChannasriSAR in spot)
TSL for longs: 7855 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 7836 is critical.
Nifty range for 18-05-2016: 7721-7993.

Bank Nifty: 16710
TSL for longs: 16742
SL for shorts (if trend reverses): 16680
Bank Nifty LOC: 16631 is critical.
Banknifty range for 18-05-2016: 16301-17076.

Relinfra: 524.00
TSL for shorts: 521.00
SL for longs (if trend reverses): 526.00
Relinfra LOC: 520.00 is critical.
Relinfra range for 18-05-2016: 491-541.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 27-05-2016:

Nifty: 7867 (This is ChannasriSAR in spot)
TSL for longs: 7886 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7867 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 7836 is critical.
Nifty range for 27-05-2016: 7835-8202.

Bank Nifty: 17100
TSL for longs: 16250
SL for shorts (if trend reverses): 17100
Bank Nifty LOC: 17048 is critical.
Banknifty range for 27-05-2016: 16673-17228.

Relinfra: 509.75
TSL for longs: 510.00
SL for shorts (if trend reverses): 509.00
Relinfra LOC: 509.00 is critical.
Relinfra range for 27-05-2016: 499-528.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 30-05-2016:

Nifty: 7921 (This is ChannasriSAR in spot)
TSL for longs: 7965 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7921 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8010 is critical.
Nifty range for 30-05-2016: 7856-8304.

Bank Nifty: 17155
TSL for longs: 17350
SL for shorts (if trend reverses): 17155
Bank Nifty LOC: 17139 is critical.
Banknifty range for 30-05-2016: 16736-17911.

Relinfra: 515.75
TSL for longs: 519.00
SL for shorts (if trend reverses): 515.75
Relinfra LOC: 528.25 is critical.
Relinfra range for 30-05-2016: 503-566.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 31-05-2016:

Nifty: 7967 (This is ChannasriSAR in spot)
TSL for longs: 8024 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 7921 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8030 is critical.
Nifty range for 31-05-2016: 7860-8343.

Bank Nifty: 17255
TSL for longs: 17350
SL for shorts (if trend reverses): 17255
Bank Nifty LOC: 17178 is critical.
Banknifty range for 31-05-2016: 16690-17988.

Relinfra: 521.25
TSL for longs: 526.75
SL for shorts (if trend reverses): 521.25
Relinfra LOC: 530 is critical.
Relinfra range for 31-05-2016: 506-570.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 01-06-2016:

Nifty: 8004 (This is ChannasriSAR in spot)
TSL for longs: 8061 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8004 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8029 is critical.
Nifty range for 01-06-2016: 7848-8342.

Bank Nifty: 17350
TSL for longs: 17300
SL for shorts (if trend reverses): 17350
Bank Nifty LOC: 17209 is critical.
Banknifty range for 01-06-2016: 16752-18050.

Relinfra: 524.50
TSL for longs: 530.50
SL for shorts (if trend reverses): 524.50
Relinfra LOC: 527.25 is critical.
Relinfra range for 01-06-2016: 501-564.

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