iCharts Discussions

[channasri]

Please note the index trading levels for the week (14th to 18th October, 2019) as per W D Gann's methodology (values are in futures):

Nifty futures:
Buy above 11373. SL 11338. Targets: 11418, 11472, 11525, 11579 (make or break level), 11633, 11687 & 11741.

Sell below 11237. SL 11285. Targets 11206, 11153, 11000, 11047
(make or break level), 10995, 10943, 10890.

Bank Nifty futures:
Buy above 28236. SL 28281. Targets 28307, 28391, 28475, 28560 (make or break level), 28644, 28729 & 28814.

Sell below 28021. SL 28097. Targets 27971, 27888, 27804, 27721 (make or break level), 27638, 26555, 26472.

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 16-10-2019:

Nifty: 11,313 (This is ChannasriSAR in spot)
TSL for longs: 11,370 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,300 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,411

Bank Nifty: 28,310
TSL for longs: 28,440
SL for shorts (if trend reverses): 28,250
Pivot: 28,479

Wipro: 241
TSL for longs: 242
SL for shorts (if trend reverses): 239
Pivot: 243

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 30-10-2019:

Nifty: 11,689 (This is ChannasriSAR in spot)
TSL for longs: 11,770 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,650 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,838

Bank Nifty: 29,554
TSL for longs: 29,740
SL for shorts (if trend reverses): 29,550
Pivot: 29,964

Wipro: 253
TSL for longs: 255
SL for shorts (if trend reverses): 250
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 31-10-2019:

Nifty: 11,749 (This is ChannasriSAR in spot)
TSL for longs: 11,820 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,740 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,900

Bank Nifty: 29,716
TSL for longs: 29,740
SL for shorts (if trend reverses): 29,680
Pivot: 30,156

Wipro: 255
TSL for longs: 257
SL for shorts (if trend reverses): 252
Pivot: 258

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 04-11-2019:

Nifty: 11,786 (This is ChannasriSAR in spot)
TSL for longs: 11,840 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,760 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,884

Bank Nifty: 29,881
TSL for longs: 29,965
SL for shorts (if trend reverses): 29,680
Pivot: 30,256

Wipro: 256
TSL for longs: 257
SL for shorts (if trend reverses): 253
Pivot: 259

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 05-11-2019:

Nifty: 11,827 (This is ChannasriSAR in spot)
TSL for longs: 11,860 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,810 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,945

Bank Nifty: 30,003
TSL for longs: 30,165
SL for shorts (if trend reverses): 29,980
Pivot: 30,389

Wipro: 256
TSL for longs: 257
SL for shorts (if trend reverses): 253
Pivot: 258

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 08-11-2019:

Nifty: 11,924 (This is ChannasriSAR in spot)
TSL for longs: 11,960 (This is trailing stop loss for overnight carried positions)
SL for shorts (if trend reverses): 11,890 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,993

Bank Nifty: 30,340
TSL for longs: 30,465
SL for shorts (if trend reverses): 30,340
Pivot: 30,639

Wipro: 258
TSL for longs: 259
SL for shorts (if trend reverses): 256
Pivot: 259

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 11-11-2019:

Nifty: 11,926 (This is ChannasriSAR in spot)
TSL for shorts: 11,910 (This is trailing stop loss for overnight carried positions)
SL for longs (if trend reverses): 11,940 (This is to manage trades on those days when trend reverses. Otherwise, this No. is not required)
Pivot: 11,944

Bank Nifty: 30,470
TSL for longs: 30,665
SL for shorts (if trend reverses): 30,640
Pivot: 30,787

Wipro: 257
TSL for shorts: 255
SL for shorts (if trend reverses): 256
Pivot: 258

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