iCharts Discussions

[channasri]

Please note ChannasriSAR for 27-08-2019:

Nifty: 10,960 (This is ChannasriSAR in spot)
TSL for longs: 11,000 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,930 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,962

Bank Nifty: 27,627
TSL for longs: 27,750
SL for shorts (if trend reverses): 27,600
Pivot: 27,602

Wipro: 252
TSL for shorts: 250
SL for longs (if trend reverses): 255
Pivot: 250

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]

Please note ChannasriSAR for 29-08-2019:

Nifty: 11,010 (This is ChannasriSAR in spot)
TSL for longs: 11,030 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,960 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,054

Bank Nifty: 27,816
TSL for shorts: 27,816
SL for longs (if trend reverses): 27,816
Pivot: 27,845

Wipro: 251
TSL for shorts: 250
SL for longs (if trend reverses): 253
Pivot: 250

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]

Wish a very happy and blessed Shree Gowri-Ganesha festivals to one and all.

Please note ChannasriSAR for 03-09-2019:

Nifty: 11,001 (This is ChannasriSAR in spot)
TSL for longs: 11,001 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,970 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,980

Bank Nifty: 27,524
TSL for shorts: 27,500
SL for longs (if trend reverses): 27,600
Pivot: 27,379

Wipro: 249
TSL for shorts: 248
SL for longs (if trend reverses): 253
Pivot: 250

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]

Dear friends,

In addition to ChannasriSARs, I am providing W D Gann levels for Nifty and Bank Nifty futures for the week ahead:

Nifty futures:
Buy above 11120. SL 11085. Targets: 11164, 11217, 11270, 11323 (make or break level), 11377, 11430 & 11484.

Sell below 10985. SL 11033. Targets 10954, 10902, 10850, 10798
(make or break level), 10746, 10694, 10642.

Bank Nifty futures:
Buy above 27617. SL 27562. Targets 27687, 27770, 27854, 27937 (make or break level), 28021, 28105 & 28188.

Sell below 27405. SL 27479. Targets 27355, 27273, 27190, 27108 (make or break level), 27025, 26943, 26861.

Hope that these levels will be helpful. These are for the whole of next week. There may be uncommon weeks where these targets get exceeded. However, it is possible to calculate even higher and lower levels.

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

[manojkr78]

Good one Channasri, your efforts are much appreciated.

manoj

[channasri]

Thanks Manoj for encouraging words

Please note ChannasriSAR for 06-09-2019:

Nifty: 10,888 (This is ChannasriSAR in spot)
TSL for shorts: 10,870 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 10,920 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,861

Bank Nifty: 27,218
TSL for shorts: 27,500
SL for longs (if trend reverses): 27,600
Pivot: 26,993

Wipro: 253
TSL for longs: 255
SL for shorts (if trend reverses): 251
Pivot: 256

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]

Please note ChannasriSAR for 13-09-2019:

Nifty: 10,969 (This is ChannasriSAR in spot)
TSL for longs: 10,990 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,920 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,010

Bank Nifty: 27,553
TSL for longs: 27,700
SL for shorts (if trend reverses): 27,500
Pivot: 27,882

Wipro: 255
TSL for shorts: 250
SL for longs (if trend reverses): 257
Pivot: 246

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]

Please note ChannasriSAR for 16-09-2019:

Nifty: 10,994 (This is ChannasriSAR in spot)
TSL for longs: 11,025 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 10,960 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,035

Bank Nifty: 27,691
TSL for longs: 27,880
SL for shorts (if trend reverses): 27,640
Pivot: 27,933

Wipro: 249
TSL for shorts: 247
SL for longs (if trend reverses): 253
Pivot: 245

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]

Please note the index trading levels for the week (16th to 20th September, 2019) as per W D Gann's methodology (values are in futures):

Nifty futures:
Buy above 11167. SL 11132. Targets: 11211, 11264, 11317, 11371 (make or break level), 11424, 11477 & 11531.

Sell below 11032. SL 11079. Targets 11000, 10948, 10896, 10844
(make or break level), 10792, 10740, 10688.

Bank Nifty futures:
Buy above 28261. SL 28206. Targets 28332, 28416, 28500, 28585 (make or break level), 28670, 28754 & 28188.

Sell below 28046. SL 28122. Targets 27996, 27913, 27829, 27746 (make or break level), 27663, 26580, 26497.

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 18-09-2019:

Nifty: 10,984 (This is ChannasriSAR in spot)
TSL for shorts: 10,920 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 11,025 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 10,871

Bank Nifty: 27,542
TSL for shorts: 27,480
SL for longs (if trend reverses): 27,600
Pivot: 27,344

Wipro: 247
TSL for shorts: 245
SL for longs (if trend reverses): 250
Pivot: 245

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]

Please note ChannasriSAR for 25-09-2019:

Nifty: 11,231 (This is ChannasriSAR in spot)
TSL for longs: 11,320 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,025 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,594

Bank Nifty: 29,167
TSL for longs: 29,800
SL for shorts (if trend reverses): 29,167
Pivot: 30,347

Wipro: 243
TSL for shorts: 241
SL for longs (if trend reverses): 246
Pivot: 241

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]

Please note ChannasriSAR for 26-09-2019:

Nifty: 11,346 (This is ChannasriSAR in spot)
TSL for longs: 11,400 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,325 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,474

Bank Nifty: 29,170
TSL for longs: 29,800
SL for shorts (if trend reverses): 29,167
Pivot: 29,708

Wipro: 242
TSL for shorts: 240
SL for longs (if trend reverses): 244
Pivot: 239

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]

Please note ChannasriSAR for 30-09-2019:

Nifty: 11,397 (This is ChannasriSAR in spot)
TSL for longs: 11,440 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,365 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,535

Bank Nifty: 29,518
TSL for longs: 29,720
SL for shorts (if trend reverses): 29,400
Pivot: 29,900

Wipro: 239
TSL for shorts: 237
SL for longs (if trend reverses): 242
Pivot: 237

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]

Please note ChannasriSAR for 01-10-2019:

Nifty: 11,457 (This is ChannasriSAR in spot)
TSL for longs: 11,460 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,425 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,458

Bank Nifty: 29,406
TSL for shorts: 29,320
SL for longs (if trend reverses): 29,450
Pivot: 29,267

Wipro: 239
TSL for longs: 240
SL for shorts (if trend reverses): 235
Pivot: 239

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]

Please note ChannasriSAR for 14-10-2019:

Nifty: 11,290 (This is ChannasriSAR in spot)
TSL for longs: 11,300 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,250 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,286

Bank Nifty: 28,228
TSL for shorts: 28,120
SL for longs (if trend reverses): 28,350
Pivot: 28,128

Wipro: 238
TSL for longs: 239
SL for shorts (if trend reverses): 236
Pivot: 239

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