iCharts Discussions

[channasri]

Please note ChannasriSAR for 4-1-2018:

Nifty: 10,458 (This is ChannasriSAR in spot)
TSL for shorts: 10,450 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,480 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,459

Bank Nifty: 25,404
TSL for shorts: 25,350
SL for longs (if trend reverses): 25,450
Pivot: 25,358

Relinfra: 555
TSL for longs: 560
SL for shorts (if trend reverses): 550
Pivot: 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]

Please note ChannasriSAR for 5-1-2018:

Nifty: 10,470 (This is ChannasriSAR in spot)
TSL for longs: 10,495 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,450 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,486

Bank Nifty: 25,422
TSL for longs: 25,450
SL for shorts (if trend reverses): 25,400
Pivot: 25,421

Relinfra: 557
TSL for longs: 560
SL for shorts (if trend reverses): 555
Pivot: 563

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 8-1-2018:

Nifty: 10,494 (This is ChannasriSAR in spot)
TSL for longs: 10,525 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,480 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,548

Bank Nifty: 25,481
TSL for longs: 25,550
SL for shorts (if trend reverses): 25,450
Pivot: 25,582

Relinfra: 563
TSL for longs: 570
SL for shorts (if trend reverses): 559
Pivot: 574

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 9-1-2018:

Nifty: 10,531 (This is ChannasriSAR in spot)
TSL for longs: 10,580 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,500 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,614

Bank Nifty: 25,541
TSL for longs: 25,600
SL for shorts (if trend reverses): 25,520
Pivot: 25,697

Relinfra: 569
TSL for longs: 575
SL for shorts (if trend reverses): 565
Pivot: 582

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 10-1-2018:

Nifty: 10,562 (This is ChannasriSAR in spot)
TSL for longs: 10,600 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,540 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,633

Bank Nifty: 25,584
TSL for longs: 25,640
SL for shorts (if trend reverses): 25,520
Pivot: 25,708

Relinfra: 570
TSL for longs: 570
SL for shorts (if trend reverses): 570
Pivot: 574

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 12-1-2018:

Nifty: 10,599 (This is ChannasriSAR in spot)
TSL for longs: 10,620 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,580 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,643

Bank Nifty: 25,600
TSL for longs: 25,640
SL for shorts (if trend reverses): 25,550
Pivot: 25,629

Relinfra: 566
TSL for shorts: 570
SL for longs (if trend reverses): 570
Pivot: 567

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]

I wish a happy Makara Sankranthi to one and all.

Please note ChannasriSAR for 15-1-2018:

Nifty: 10,622 (This is ChannasriSAR in spot)
TSL for longs: 10,650 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,600 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,656

Bank Nifty: 25,649
TSL for longs: 25,680
SL for shorts (if trend reverses): 25,600
Pivot: 25,694

Relinfra: 564
TSL for shorts: 560
SL for longs (if trend reverses): 570
Pivot: 556

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 formed a bearish engulfing today after a near shooting star in daily charts. Let us see if price confirmation happens for a trend reversal. Nifty has a critical support at 10650.

Please note ChannasriSAR for 17-1-2018:

Nifty: 10,673 (This is ChannasriSAR in spot)
TSL for longs: 10,690 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,650 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,717

Bank Nifty: 25,854
TSL for longs: 25,930
SL for shorts (if trend reverses): 25,800
Pivot: 26,014

Relinfra: 556
TSL for shorts: 548
SL for longs (if trend reverses): 560
Pivot: 543

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 bounced from 10666, a number close to 10650 which I had mentioned in previous post.

Please note ChannasriSAR for 18-1-2018:

Nifty: 10,706 (This is ChannasriSAR in spot)
TSL for longs: 10,740 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,700 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,753

Bank Nifty: 25,967
TSL for longs: 26,100
SL for shorts (if trend reverses): 25,967
Pivot: 26,182

Relinfra: 552
TSL for shorts: 548
SL for longs (if trend reverses): 555
Pivot: 539

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 22-1-2018:

Nifty: 10,780 (This is ChannasriSAR in spot)
TSL for longs: 10,740 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,700 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,865

Bank Nifty: 26,370
TSL for longs: 26,700
SL for shorts (if trend reverses): 25,967
Pivot: 26,767

Relinfra: 533
TSL for shorts: 528
SL for longs (if trend reverses): 535
Pivot: 513

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 30-1-2018:

Nifty: 11,028 (This is ChannasriSAR in spot)
TSL for longs: 11,100 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,000 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,126

Bank Nifty: 27,223
TSL for longs: 27,400
SL for shorts (if trend reverses): 27,223
Pivot: 27,519

Relinfra: 516
TSL for shorts: 512
SL for longs (if trend reverses): 516
Pivot: 512

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 1-2-2018:

Nifty: 11,040 (This is ChannasriSAR in spot)
TSL for shorts: 11,040 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 11,060 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,022

Bank Nifty: 27,275
TSL for longs: 27,350
SL for shorts (if trend reverses): 27,225
Pivot: 27,317

Relinfra: 509
TSL for shorts: 502
SL for longs (if trend reverses): 512
Pivot: 500

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 2-2-2018:

Nifty: 11,032 (This is ChannasriSAR in spot)
TSL for shorts: 11,032 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 11,060 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,004

Bank Nifty: 27,274
TSL for shorts: 27,250
SL for longs (if trend reverses): 27,325
Pivot: 27,294

Relinfra: 504
TSL for shorts: 500
SL for longs (if trend reverses): 508
Pivot: 492

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 6-2-2018:

Nifty: 10,883 (This is ChannasriSAR in spot)
TSL for shorts: 10,750 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,883 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,652

Bank Nifty: 26,722
TSL for shorts: 26,250
SL for longs (if trend reverses): 26,722
Pivot: 26,077

Relinfra: 478
TSL for shorts: 460
SL for longs (if trend reverses): 478
Pivot: 473

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 7-2-2018:

Nifty: 10,770 (This is ChannasriSAR in spot)
TSL for shorts: 10,550 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,770 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,456

Bank Nifty: 26,462
TSL for shorts: 25,850
SL for longs (if trend reverses): 26,462
Pivot: 25,659

Relinfra: 464
TSL for shorts: 445
SL for longs (if trend reverses): 464
Pivot: 427

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