iCharts Discussions

[channasri]

Hi,

Please note ChannasriSAR for 09-02-2017:

Nifty: 8738 (This is ChannasriSAR in spot)
TSL for longs: 8758 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8720 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8758
Nifty range for 09-02-2017: 8650-8880.

Bank Nifty: 20138
TSL for longs: 20226
SL for shorts (if trend reverses): 20138
Bank Nifty Pivot: 20226
Bank Nifty range for 09-02-2017: 19800-20670.

Relinfra: 532
TSL for longs: 535
SL for shorts (if trend reverses): 530
Relinfra Pivot: 533
Relinfra range for 09-02-2017: 510-560.

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Hi,

Please note ChannasriSAR for 14-02-2017:

Nifty: 8776 (This is ChannasriSAR in spot)
TSL for longs: 8795 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8770 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8795
Nifty range for 14-02-2017: 8690-8910.

Bank Nifty: 20201
TSL for longs: 20226
SL for shorts (if trend reverses): 20138
Bank Nifty Pivot: 20226
Bank Nifty range for 14-02-2017: 19950-20530.

Relinfra: 538
TSL for shorts: 536
SL for longs (if trend reverses): 538
Relinfra Pivot: 535
Relinfra range for 14-02-2017: 505-565.

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Dear novice traders,

Bank Nifty had reached all time high and fell apart. Nifty could not climb mount 8900. It will take quite some efforts and energy boosters for the two indices to go past these two critical numbers. Anticipate volatile expiry week. Don't be emotional with your positions. Just go by price movement and nothing else. All kinds of technical analyses are built on 'PRICE'. Price dictates everything. Technical analysis doesn't dictate price. It helps us to understand the trend. That's all.

Please note ChannasriSAR for 20-02-2017:

Nifty: 8780 (This is ChannasriSAR in spot)
TSL for longs: 8800 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8770 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8841
Nifty range for 20-02-2017: 8690-8970.

Bank Nifty: 20312
TSL for longs: 20400
SL for shorts (if trend reverses): 20681
Bank Nifty Pivot: 20681
Bank Nifty range for 20-02-2017: 19730-21510.

Relinfra: 549
TSL for longs: 551
SL for shorts (if trend reverses): 549
Relinfra Pivot: 557
Relinfra range for 20-02-2017: 530-590.

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[pkholla]

[channasri]

Dear Prakash,

Thanks for kind words. iCharts was, is and will be the best charting services provider and it will continue to be a learning institution by itself. Courtesy team iCharts. There are some iChartians who are much better than me in TA. Hence, I address my inputs to novice traders. Its my pleasure that seasoned traders like you are finding value in this thread.

Please note ChannasriSAR for 21-02-2017:

Nifty: 8809 (This is ChannasriSAR in spot)
TSL for longs: 8840 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8800 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8858
Nifty range for 21-02-2017: 8750-8980.

Bank Nifty: 20432
TSL for longs: 20600
SL for shorts (if trend reverses): 20432
Bank Nifty Pivot: 20617
Bank Nifty range for 21-02-2017: 20300-20990.

Relinfra: 553
TSL for longs: 557
SL for shorts (if trend reverses): 551
Relinfra Pivot: 561
Relinfra range for 21-02-2017: 540-580.

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 27-02-2017:

Nifty: 8883 (This is ChannasriSAR in spot)
TSL for longs: 8900 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8860 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8950
Nifty range for 27-02-2017: 8860-9030.

Bank Nifty: 20702
TSL for longs: 20800
SL for shorts (if trend reverses): 20906
Bank Nifty Pivot: 207
Bank Nifty range for 27-02-2017: 21170-20620.

Relinfra: 558
TSL for shorts: 555
SL for longs (if trend reverses): 560
Relinfra Pivot: 559
Relinfra range for 27-02-2017: 540-580.

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 02-03-2017:

Nifty: 8904 (This is ChannasriSAR in spot)
TSL for longs: 8935 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8890 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8935

Bank Nifty: 20704
TSL for longs: 20750
SL for shorts (if trend reverses): 20700
Bank Nifty Pivot: 20765

Relinfra: 565
TSL for shorts: 567
SL for longs (if trend reverses): 563
Relinfra Pivot: 571

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 06-03-2017:

Nifty: 8906 (This is ChannasriSAR in spot)
TSL for shorts: 8906 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 8925 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8888

Bank Nifty: 20606
TSL for shorts: 20550
SL for longs (if trend reverses): 20650
Bank Nifty Pivot: 20500

Relinfra: 563
TSL for longs: 565
SL for shorts (if trend reverses): 560
Relinfra Pivot: 562

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 07-03-2017:

Nifty: 8918 (This is ChannasriSAR in spot)
TSL for longs: 8936 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8910 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8948

Bank Nifty: 20620
TSL for longs: 20650
SL for shorts (if trend reverses): 20600
Bank Nifty Pivot: 20641

Relinfra: 568
TSL for longs: 575
SL for shorts (if trend reverses): 565
Relinfra Pivot: 572

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 10-03-2017:

Nifty: 8926 (This is ChannasriSAR in spot)
TSL for longs: 8926 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8910 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8924

Bank Nifty: 20665
TSL for longs: 20700
SL for shorts (if trend reverses): 20650
Bank Nifty Pivot: 20702

Relinfra: 571
TSL for longs: 571
SL for shorts (if trend reverses): 571
Relinfra Pivot: 571

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Nifty has a crucial range around 9125. EOD above this can take Nifty to ~9250. The of first 15 minutes may give hints for the rest of the day. The last thing bulls want is open and high being same.

The ChannasriSAR had given LONG call in the last hour of 10-3-2017.

Please note ChannasriSAR for 14-03-2017:

Nifty: 8928 (This is ChannasriSAR in spot)
TSL for longs: 8980 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8928 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 8938

Bank Nifty: 20685
TSL for longs: 20800
SL for shorts (if trend reverses): 20685
Bank Nifty Pivot: 20751

Relinfra: 569
TSL for shorts: 569
SL for shorts (if trend reverses): 569
Relinfra Pivot: 568

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 15-03-2017:

Nifty: 8968 (This is ChannasriSAR in spot)
TSL for longs: 9000 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 8968 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 9090

Bank Nifty: 20801
TSL for longs: 21000
SL for shorts (if trend reverses): 20801
Bank Nifty Pivot: 21146

Relinfra: 570
TSL for longs: 572
SL for shorts (if trend reverses): 569
Relinfra Pivot: 576

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[channasri]

Please note ChannasriSAR for 16-03-2017:

Nifty: 9000
Banknifty: 21000

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri

[Kedarjd]

Thanks for sharing your knowledge with us , whats the latest channasriSAR for 21st March 2017

[channasri]

Thanks Kedar.

Nifty has a critical range @ 9100-9125. This will decide further highs or correction.

Please note ChannasriSAR for 21-03-2017:

Nifty: 9093 (This is ChannasriSAR in spot)
TSL for longs: 9100 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 9080 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Nifty Pivot: 9137

Bank Nifty: 21061
TSL for longs: 21080
SL for shorts (if trend reverses): 21030
Bank Nifty Pivot: 21133

Relinfra: 580
TSL for shorts: 579
SL for longs (if trend reverses): 582
Relinfra Pivot: 580

Note: Pivot numbers are rounded off to whole numbers.

Disclaimer: I am not a registered research analyst. The above message represents my approach to trading (mainly positional) in the scrips/counters mentioned. These are based on my own study. Readers are requested to make own studies and trade on their own.

Best regards,
Channasri