Nifty 8DMA plus minus trading stratagy

[rh6996]

8EMA????? i think you are getting confuse sir.

our trade will be active above 7990 crossover (SPOT LEVEL) otherwise dont place any blind orders.

for BNF we are long around 15420

Hmm, seems ur right, I am confused ! it wasnt a blind order actually !
My Logic was that on 30th we had a Long triggered which got stopped ! We were in fact short at close on 30th ! As I did not trade on 30 th where I would be carrying a Short position. So when on 1st I wished to enter, I thought the proper place would be to enter at the SL level of Long trade which we also consider a SAR !
Anyways, going through the thread again to better understand the strategy!

 

[EXPLORER]

hi
thanks for the moderator to open the thread again. is this applicable to any stocks?why cant the plan cannot be extended to other stocks?


explorer:clap:

 

[Purushotham]

Re: Bnf high:low stratagy 3 rules to fallow:

Hello friends i will keep updating nifty levels and BNF strategic trade set up levels on daily basis... plz fallow below 3 rules if you willing to trade BNF


1. Bnf Long/Short order should be execute between 9.15 to 9.30 (15 min after mkt open)

2. Place Stop loss 115 points on order execution (115 is maximum SL limit of BNF strategy)

3. Always keep booking 100 points profits for half qty. remaining lots hold with Stop loss at cost price. (minimum target is 100 points, remaining qty book around 3 pm)

1. Bnf Long/Short order should be execute between 9.15 to 9.30 (15 min after mkt open)


Is it a typo we should not exicute Long/Short between 9:15 to 9:30

or We should take Long/Short After 15 min mkt open
Please clarify.


Good to see that thread started again, Thanks to moderator for reopening the thread.

 

[rh6996]

hi
thanks for the moderator to open the thread again. is this applicable to any stocks?why cant the plan cannot be extended to other stocks?


explorer:clap:

I also think this can be extended to other stocks! We need to have the SL, Tgt etc, in percentage terms in place of points as being done in Nifty where fixed points are used ! Maybe 0.25 and 0.75 percent should do !

 

[sspagro]

hi
thanks for the moderator to open the thread again. is this applicable to any stocks?why cant the plan cannot be extended to other stocks?


explorer:clap:

This strategy most suitable for NIfty exclusively. for stock & BNF there are different stratagic setups as per pattern behavior.

 

[sspagro]

Re: Bnf high:low stratagy 3 rules to fallow:

1. Bnf Long/Short order should be execute between 9.15 to 9.30 (15 min after mkt open)


Is it a typo we should not exicute Long/Short between 9:15 to 9:30

or We should take Long/Short After 15 min mkt open
Please clarify.


Good to see that thread started again, Thanks to moderator for reopening the thread.

it correct bro. we should execute order before 9.30 Am only. late entry after 9.30 not recommended

 

[sspagro]

Trade levels for 7st OCT:

NIFTY SPOT IS BUY ABOVE 7981
TARGET 8051
STOP LOSS @ 7955

If our stop triggers just reverse your position and Short nifty for 7911.

BNF Future Levels:
BNF IS BUY IF OPEN BETWEEN 15260 to 15435
BNF IS SELL IF OPEN BETWEEN 15485-15685

Place 115 points stop loss after order execution. minimum target 100 points of your execution price. execution price may vary 20-25 points for everyone.

How to trade BNF future example:- check open price for bank nifty at 9.15am if it comes under our buy range band, we wil buy. suppose buy order executed price is 15415. then place stop loss -115 points (15415-115= 15300). minimum target would be +100 from your execution price (15415+100= 15515). vise versa for sale order

 

[sspagro]

Bank nifty 15310 to 15415 Done. first target of 100 points achieved in first hour itself. hold rest qty with trailing stop loss as per risk appetite. .:clap::clap::clap:

''as said its high probability BNF strategy setup. we hit target again & again. very few times we hit SL'' so keep trading guys enjoy.

 

[vishnu_1990v]

sspagro,
At what time bar was the long entry for BNF.
vishnu_1990v

 

[sspagro]

Trade levels for 8th OCT:

BNF Future Levels:
BNF IS BUY IF OPEN BETWEEN 15180 to 15330
BNF IS SELL IF OPEN BETWEEN 15400-15580

Place 115 points stop loss after order execution. minimum target 100 points of your execution price.

if BNF opens out of our trading range band then we should avoid trade.