Best Nifty Strategy-Must Read

[jallanankit]

Today the strategy worked best.. Another good PAPER TRADING session.. Indeed marvelous.. But the prob is paper trade always fetches money but not the same in realtime situation.. Need to paper trade more on this strategy.. The 3rd tgt was 4937: done..
The last tgt was 4919.. NF made low of 4925.. 6 points away..!! anyways waiting for others to comment..!!??

 

[new-to-markets]

any one has the backtested report for this strategy?? there were post floating on back testing this strategy. And now none of it has come out...even the thread owner is also not to be seen around ??

 

[jallanankit]

LEvels checked at 9.30..

SEll BELOW 4865 for 4850, 4832

BUY above 4882 for 4897, 4915

Short call activated first.. SL hit..
BUY active at 4882, 1st tgt done..

 

[sumosanammain]

LEvels checked at 9.30..

SEll BELOW 4865 for 4850, 4832

BUY above 4882 for 4897, 4915

Short call activated first.. SL hit..
BUY active at 4882, 1st tgt done..

What was the avg price at 9:30?

 

[jallanankit]

4869.41 was the avg

 

[msa5678]

LEvels checked at 9.30..

SEll BELOW 4865 for 4850, 4832

BUY above 4882 for 4897, 4915

Short call activated first.. SL hit..
BUY active at 4882, 1st tgt done..

Hi Jallanankit,

In the initial posts of this thread it was mentioned that SL getting hit twice in a day is rare. Today seems to be that rare day.

 

[new-to-markets]

i got something like this....so no shorts triggered so far and for a long, 2 tgts have already done

Recommendation:
Buy at / above: 4865.06 Targets: 4880.07 - 4897.55 - 4915.05 - 4932.59
Stoploss : 4847.64
Sell at / below: 4847.64 Targets: 4832.66 - 4815.29 - 4797.96 - 4780.65
Stoploss : 4865.06

 

[msa5678]

i got something like this....so no shorts triggered so far and for a long, 2 tgts have already done

Recommendation:
Buy at / above: 4865.06 Targets: 4880.07 - 4897.55 - 4915.05 - 4932.59
Stoploss : 4847.64
Sell at / below: 4847.64 Targets: 4832.66 - 4815.29 - 4797.96 - 4780.65
Stoploss : 4865.06

What was the VWAP @ 09:30 you got

Jallanankit had used 4869.41

Guys please there should be no confusion here, let's reconcile

 

[malunana]

msa's level and my levels r same

 

[msa5678]

msa's level and my levels r same

Sorry mallunana , but those levels were given by Jallanankit. Anyway first tgt on the Short side achieved after hitting 2 consecutive SL