iCharts Discussions

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

Please note ChannasriSAR for 16-01-2019:

Nifty: 10,807 (This is ChannasriSAR in spot)
TSL for longs: 10,840 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,780 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,854

Bank Nifty: 27,378
TSL for longs: 27,378
SL for shorts (if trend reverses): 27,350
Pivot: 27,388

Relinfra: 306
TSL for longs: 308
SL for shorts (if trend reverses): 303
Pivot: 310

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 22-01-2019:

Nifty: 10,895 (This is ChannasriSAR in spot)
TSL for longs: 10,920 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,945

Bank Nifty: 27,472
TSL for longs: 27,500
SL for shorts (if trend reverses): 27,410
Pivot: 27,515

Relinfra: 299
TSL for shorts: 295
SL for longs (if trend reverses): 302
Pivot: 292

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 23-01-2019:

Nifty: 10,905 (This is ChannasriSAR in spot)
TSL for longs: 10,920 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,880 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,912

Bank Nifty: 27,475
TSL for longs: 27,500
SL for shorts (if trend reverses): 27,430
Pivot: 27,467

Relinfra: 294
TSL for shorts: 285
SL for longs (if trend reverses): 295
Pivot: 283

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 16-02-2019:

Nifty: 10,806 (This is ChannasriSAR in spot)
TSL for shorts: 10,780 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,710

Bank Nifty: 27,021
TSL for longs: 27,500
SL for shorts (if trend reverses): 27,430
Pivot: 26,880

Relinfra: 123
TSL for shorts: 119
SL for longs (if trend reverses): 125
Pivot: 117

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 20-02-2019:

Nifty: 10,718 (This is ChannasriSAR in spot)
TSL for shorts: 10,780 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,638

Bank Nifty: 26,820
TSL for shorts: 27,500
SL for longs (if trend reverses): 27,430
Pivot: 26,769

Relinfra: 122
TSL for shorts: 121
SL for longs (if trend reverses): 125
Pivot: 123

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 22-02-2019:

Nifty: 10,727 (This is ChannasriSAR in spot)
TSL for longs: 10,780 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,773

Bank Nifty: 26,941
TSL for shorts: 27,500
SL for longs (if trend reverses): 27,430
Pivot: 27,042

Relinfra: 122
TSL for longs: 123
SL for shorts (if trend reverses): 121
Pivot: 122

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 25-02-2019:

Nifty: 10,753 (This is ChannasriSAR in spot)
TSL for longs: 10,780 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,730 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,784

Bank Nifty: 26,917
TSL for shorts: 26,900
SL for longs (if trend reverses): 27,000
Pivot: 26,904

Relinfra: 125
TSL for longs: 129
SL for shorts (if trend reverses): 122
Pivot: 132

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 27-02-2019:

Nifty: 10,803 (This is ChannasriSAR in spot)
TSL for longs: 10,820 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,780 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,818

Bank Nifty: 26,979
TSL for shorts: 26,979
SL for longs (if trend reverses): 29,979
Pivot: 26,939

Relinfra: 129
TSL for longs: 129
SL for shorts (if trend reverses): 125
Pivot: 131

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 28-02-2019:

Nifty: 10,811 (This is ChannasriSAR in spot)
TSL for shorts: 10,811 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,833

Bank Nifty: 26,904
TSL for shorts: 26,850
SL for longs (if trend reverses): 29,950
Pivot: 26,903

Relinfra: 129
TSL for shorts: 129
SL for longs (if trend reverses): 129
Pivot: 130

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 01-03-2019:

Nifty: 10,804 (This is ChannasriSAR in spot)
TSL for shorts: 10,804 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,830 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,814

Bank Nifty: 26,869
TSL for shorts: 26,850
SL for longs (if trend reverses): 29,910
Pivot: 26,824

Relinfra: 127
TSL for shorts: 126
SL for longs (if trend reverses): 129
Pivot: 123

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 18-03-2019:

Nifty: 11,283 (This is ChannasriSAR in spot)
TSL for longs: 10,350 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,230 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,428

Bank Nifty: 28,685
TSL for longs: 29,000
SL for shorts (if trend reverses): 28,685
Pivot: 29,298

Relinfra: 130
TSL for longs: 131
SL for shorts (if trend reverses): 129
Pivot: 129

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

Please note ChannasriSAR for 19-03-2019:

Nifty: 11,332 (This is ChannasriSAR in spot)
TSL for longs: 10,380 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,320 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,468

Bank Nifty: 28,962
TSL for longs: 29,150
SL for shorts (if trend reverses): 28,900
Pivot: 29,590

Relinfra: 131
TSL for longs: 133
SL for shorts (if trend reverses): 129
Pivot: 135

Note: Pivot numbers are rounded off to nearest 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 · Black Belt Joined: 04 Nov 2010 Posts: 2890

Channasri, my friend, congrats on finding an elegant formula and using it to make consistent profits.
i trade only single scrips but keep track of your posts for sense of direction of market
why i am writing this post is please stop following ADAG companies eg relinfra
anil ambani is an idiot and soon even relinfra will follow relcomm into dustbin (do you know anil got 50000+ cr assets in breakup after dhiru died, and now had to beg mukais to lend him 350 cr to pay ericsson ???)

cheers, prakash holla

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

Dear Prakash,

I used to consider Reliance Infrastructure as a lead indicator to Nifty and found to be true on many occasions. This was the reason for posting updates on this scrip. However, I have been thinking about replacing Reliance Infrastructure with some other scrip for the past three months infact. I am studying and backtesting a few selected stocks. I will do the needful in a few days.

I thank you for the kind words.

Please note ChannasriSAR for 25-03-2019:

Nifty: 11,447 (This is ChannasriSAR in spot)
TSL for longs: 11,447 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,400 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,488

Bank Nifty: 29,440
TSL for longs: 29,500
SL for shorts (if trend reverses): 29,400
Pivot: 29,700

Relinfra: 133
TSL for shorts: 131
SL for longs (if trend reverses): 136
Pivot: 133

Note: Pivot numbers are rounded off to nearest 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 · Green Belt Joined: 01 Aug 2012 Posts: 1029

This time also, Reliance Infrastructure acted as lead indicator for Nifty. It gave sell call earlier than Nifty. This is acting like a thumb rule. Exceptions do exist.

Please note ChannasriSAR for 26-03-2019:

Nifty: 11,426 (This is ChannasriSAR in spot)
TSL for shorts: 11,400 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 11,450 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,354

Bank Nifty: 29,380
TSL for shorts: 29,300
SL for longs (if trend reverses): 29,430
Pivot: 29,256

Relinfra: 132
TSL for shorts: 130
SL for longs (if trend reverses): 135
Pivot: 129

Note: Pivot numbers are rounded off to nearest 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