iCharts Discussions

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

Please note ChannasriSAR for 04-07-2016:

Nifty: 8219 (This is ChannasriSAR in spot)
TSL for longs: 8273 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8210 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8204 is critical.
Nifty range for 04-07-2016: 8051-8480.

Bank Nifty: 17744
TSL for longs: 17810
SL for shorts (if trend reverses): 17720
Bank Nifty LOC: 17659 is critical.
Banknifty range for 04-07-2016: 17243-18372.

Relinfra: 534.00
TSL for longs: 536.00
SL for shorts (if trend reverses): 532.00
Relinfra LOC: 529 is critical.
Relinfra range for 04-07-2016: 504-570.

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 05-07-2016:

Nifty: 8246 (This is ChannasriSAR in spot)
TSL for longs: 8283 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8230 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8232 is critical.
Nifty range for 05-07-2016: 8066-8537.

Bank Nifty: 17811
TSL for longs: 17877
SL for shorts (if trend reverses): 17780
Bank Nifty LOC: 17732 is critical.
Banknifty range for 05-07-2016: 17318-18518.

Relinfra: 536.00
TSL for longs: 539.00
SL for shorts (if trend reverses): 534.00
Relinfra LOC: 530 is critical.
Relinfra range for 05-07-2016: 506-571.

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

Trading range is getting narrowed.

Please note ChannasriSAR for 08-07-2016:

Nifty: 8277 (This is ChannasriSAR in spot)
TSL for longs: 8303 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8260 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8266 is critical.
Nifty range for 08-07-2016: 8133-8475.

Bank Nifty: 17897
TSL for longs: 17953
SL for shorts (if trend reverses): 17880
Bank Nifty LOC: 17886 is critical.
Banknifty range for 08-07-2016: 17626-18334.

Relinfra: 547.00
TSL for longs: 552.75
SL for shorts (if trend reverses): 544.00
Relinfra LOC: 551 is critical.
Relinfra range for 08-07-2016: 534-595.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 19-07-2016:

Nifty: 8476 (This is ChannasriSAR in spot)
TSL for longs: 8498 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8460 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8460 is critical.
Nifty range for 19-07-2016: 8326-8633.

Bank Nifty: 18597
TSL for longs: 18721
SL for shorts (if trend reverses): 18597
Bank Nifty LOC: 18654 is critical.
Banknifty range for 19-07-2016: 18150-19397.

Relinfra: 561.00
TSL for shorts: 559.00
SL for longs (if trend reverses): 561.00
Relinfra LOC: 562 is critical.
Relinfra range for 19-07-2016: 540-574.

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

We are into a range bound nifty.

Please note ChannasriSAR for 20-07-2016:

Nifty: 8491 (This is ChannasriSAR in spot)
TSL for longs: 8506 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8480 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8473 is critical.
Nifty range for 20-07-2016: 8351-8658.

Bank Nifty: 18649
TSL for longs: 18744
SL for shorts (if trend reverses): 18649
Bank Nifty LOC: 18665 is critical.
Banknifty range for 20-07-2016: 18172-19419.

Relinfra: 560.00
TSL for shorts: 558.00
SL for longs (if trend reverses): 561.00
Relinfra LOC: 562 is critical.
Relinfra range for 20-07-2016: 541-577.

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

pkholla · Black Belt Joined: 04 Nov 2010 Posts: 2890

I admire you, Channasri! You are consistent and dedicated to a formula that works for you
I am requesting you to kindly post a summary of your results over the past year OR since you started. Total trades, win, loss, Re value % gain on investment
Thanks in advance, Prakash Holla

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

Thanks Prakash. You have an objective way of assessing the threads. Your thread is also very useful for the novice traders. I started this thread on 11-01-2014, the auspicious day of Vykuntha Ekadashi. The formula has not been changed since then. I started the 1st post with a performance chart. I have updated the chart occasionally and posted in the thread.

I will prepare the latest performance chart for the last more than 3 years and share it here. Please give me few days time as I am going to office in the weekends too.

Hi iChartians,

Please note ChannasriSAR for 22-07-2016:

Nifty: 8517 (This is ChannasriSAR in spot)
TSL for shorts: 8506 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 8530 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8526 is critical.
Nifty range for 22-07-2016: 8457-8575.

Bank Nifty: 18649
TSL for longs: 18744
SL for shorts (if trend reverses): 18649
Bank Nifty LOC: 18762 is critical.
Banknifty range for 22-07-2016: 18366-19060.

Relinfra: 558.00
TSL for shorts: 555.00
SL for longs (if trend reverses): 560.00
Relinfra LOC: 560 is critical.
Relinfra range for 22-07-2016: 537-573.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Hi iChartians,

Please note ChannasriSAR for 25-07-2016:

Nifty: 8526 (This is ChannasriSAR in spot)
TSL for longs: 8535 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8512 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8539 is critical.
Nifty range for 25-07-2016: 8484-8602.

Bank Nifty: 18756
TSL for shorts: 18730
SL for longs (if trend reverses): 18756
Bank Nifty LOC: 18864 is critical.
Banknifty range for 25-07-2016: 18451-19063.

Relinfra: 558.50
TSL for longs: 560.00
SL for shorts (if trend reverses): 556.00
Relinfra LOC: 562 is critical.
Relinfra range for 25-07-2016: 545-578.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 26-07-2016:

Nifty: 8550 (This is ChannasriSAR in spot)
TSL for longs: 8580 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8540 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8582 is critical.
Nifty range for 26-07-2016: 8524-8688.

Bank Nifty: 18777
TSL for longs: 18850
SL for shorts (if trend reverses): 18750
Bank Nifty LOC: 18891 is critical.
Banknifty range for 26-07-2016: 18624-19231.

Relinfra: 561
TSL for longs: 560.00
SL for shorts (if trend reverses): 558.00
Relinfra LOC: 564 is critical.
Relinfra range for 26-07-2016: 554-582.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 27-07-2016:

Nifty: 8557 (This is ChannasriSAR in spot)
TSL for longs: 8580 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8550 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8569 is critical.
Nifty range for 27-07-2016: 8493-8661.

Bank Nifty: 18846
TSL for longs: 18860
SL for shorts (if trend reverses): 18830
Bank Nifty LOC: 18856 is critical.
Banknifty range for 27-07-2016: 18554-18960.

Relinfra: 560
TSL for shorts: 560.00
SL for longs (if trend reverses): 560.00
Relinfra LOC: 562 is critical.
Relinfra range for 27-07-2016: 545-578.

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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 01-08-2016:

Nifty: 8599 (This is ChannasriSAR in spot)
TSL for longs: 8614 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8577 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8602 is critical.
Nifty range for 01-08-2016: 8530-8731.

Bank Nifty: 18920
TSL for longs: 18947
SL for shorts (if trend reverses): 18900
Bank Nifty LOC: 18876 is critical.
Banknifty range for 01-08-2016: 18626-19201.

Relinfra: 572
TSL for longs: 575.00
SL for shorts (if trend reverses): 572.00
Relinfra LOC: 588 is critical.
Relinfra range for 01-08-2016: 565-628.

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 02-08-2016:

Nifty: 8608 (This is ChannasriSAR in spot)
TSL for longs: 8622 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8590 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8616 is critical.
Nifty range for 02-08-2016: 8521-8742.

Bank Nifty: 18881
TSL for shorts: 18841
SL for longs (if trend reverses): 18881
Bank Nifty LOC: 18817 is critical.
Banknifty range for 02-08-2016: 18508-19084.

Relinfra: 577
TSL for longs: 582.50
SL for shorts (if trend reverses): 572.00
Relinfra LOC: 586 is critical.
Relinfra range for 02-08-2016: 560-625.

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

GST seems to be on its way to get Rajyasabhe nod. The markets are in uncertain situation but getting tuned gradually for a correction. Nifty has had positive close for 5 months in a row - a rare thing to have 6 months in a row having positive close. Market's verdict is final.

Technically, 8594 is a good support while 8670 is a strong resistance. The range between these two numbers is tough to trade.

Please note ChannasriSAR for 03-08-2016:

Nifty: 8614 (This is ChannasriSAR in spot)
TSL for longs: 8622 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8594 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8610 is critical.
Nifty range for 03-08-2016: 8508-8729.

Bank Nifty: 18853
TSL for shorts: 18817
SL for longs (if trend reverses): 18860
Bank Nifty LOC: 18801 is critical.
Banknifty range for 03-08-2016: 18476-19052.

Relinfra: 579
TSL for longs: 582
SL for shorts (if trend reverses): 575.00
Relinfra LOC: 582 is critical.
Relinfra range for 03-08-2016: 551-616.

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 04-08-2016:

Nifty: 8604 (This is ChannasriSAR in spot)
TSL for shorts: 8604 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 8604 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8592 is critical.
Nifty range for 04-08-2016: 8474-8658.

Bank Nifty: 18772
TSL for shorts: 18728
SL for longs (if trend reverses): 18800
Bank Nifty LOC: 18751 is critical.
Banknifty range for 04-08-2016: 18376-18959.

Relinfra: 578
TSL for shorts: 575
SL for longs (if trend reverses): 579
Relinfra LOC: 578 is critical.
Relinfra range for 04-08-2016: 544-605.

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 16-08-2016:

Nifty: 8630 (This is ChannasriSAR in spot)
TSL for longs: 8654 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8620 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty LOC: 8632 is critical.
Nifty range for 16-08-2016: 8542-8747.

Bank Nifty: 18745
TSL for longs: 18880
SL for shorts (if trend reverses): 18745
Bank Nifty LOC: 18801 is critical.
Banknifty range for 16-08-2016: 18574-19159.

Relinfra: 582
TSL for shorts: 582
SL for longs (if trend reverses): 582
Relinfra LOC: 581 is critical.
Relinfra range for 16-08-2016: 544-602.

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