Nifty 8DMA plus minus trading stratagy

[sspagro]

Now Nifty spot is buy above 7935.

 

[jayakumarvbm]

Trade levels for 9th OCT:

NIFTY:

NIFTY SPOT IS BUY ABOVE 7928 SL 7900 TGT 8000. if SL triggers just reverse your trade & short NIfty for 7858

10 oct trade levels.

Nifty long position hold with spot stop loss @ 7935 (we long at 7928 cmp 7960)

How the s/l changed? As per my understanding, Entry/Exit and SL all are ascertained with respect to the EMA level of previous day of the entry. Or we daily track EMA close? Please clarify.

 

[sspagro]

Trade levels for 9th OCT:

NIFTY:

NIFTY SPOT IS BUY ABOVE 7928 SL 7900 TGT 8000. if SL triggers just reverse your trade & short NIfty for 7858

10 oct trade levels.

Nifty long position hold with spot stop loss @ 7935 (we long at 7928 cmp 7960)

How the s/l changed? As per my understanding, Entry/Exit and SL all are ascertained with respect to the EMA level of previous day of the entry. Or we daily track EMA close? Please clarify.

Yes sir Entry/Exit and SL all are ascertained with respect to the EMA level of previous day of the entry. Today SL 7935 is suggested to protect our trade as far as possible, because sgx nifty was trading -70 points which was very unexpected. My mistake i should have posted reason in the morning..

 

[jayakumarvbm]

Sir,
Thank you so much for your reply

 

[sspagro]

Hello

Over the weekend can you post some historical data (maybe Jul-Sept 14) of your levels for BNF.
Would be interesting to see how they worked for last 50-60 sessions.


My today's trade on BNF

This trade was not based on any pre-defined levels

Gap Down, first 15 mins strong down bar, so went into sell on rise mode . . .
The point to cover was based on support area between day-before Close and yesterday's Open.

Cheers


Happy

Last few bnf trade summery most of them levels already posted in our forum: ..........................................>>>>>>>

26 sept: buy trade 15337 to 15780 done....booked initial 100 pts in first hr. Kept open some lots with Trailing stop. Avg points booked 325.

29 sept: sell trade 15660 to 15500 done. Booked 100 pts in first hr.

30 sept: buy trade 15485 to 15680 done. Booked 100 pts in fist hr. Itself....

1 oct: buy trade 15420 to 15477- flat trading day did not reached out initial tgt. exited 25 point loss around 3pm.

6 oct: buy trade 15315 to 15415 done booked 100 pts in first hr itself...

8 oct: buy trade 15240 to 15450 done. Booked 100 pts in first hr itself...

9 oct: 115 point stop loss hit. Booked loss.

10 oct: sell trade 15666 to 15462 done. Booked 100 pts in first hr. Itself.

87% success. First tgt of 100 points usually hit in first hr. Itself. Remaining lots to be trail or SL at cost or handle as per risk management ability. In this strategy entry/exit may vary from 10-20 points case to case it depends on trading skills.

Enjoy keep trading. Have a nice weekend.

 

[sspagro]

Trading strategy for 13 oct:

Nifty:
Nifty spot is buy above 7920 stop loss 7892 target 7990
Reverse your trade if stop get trigger, short tht 7850

Bank nifty:
Bnf is buy if open between 15340 to 15500
Bnf is sell if open between 15666 to 15851

Place 115 point stop loss of your execution price. Minimum tgt 100 points.

 

[jain.er]

Do.you have.summary of nifty trades

 

[PUCHU_2500]

I will take position in following two stocks on 8 ema strategy (not with real money). mr. sspargo, please, check and give your view and correct me if I have missed anything.

Trade for 13-10-2014
INDIACEM BUY ABOVE 111.30 SL 105 TGT 124/-
GRAVITA BUY ABOVE 85.10 SL 79.50 TGT 95/-
(please, do not take it as trading call. above calls are only for learning purpose)

 

[PUCHU_2500]

I will take position in following two stocks on 8 ema strategy (not with real money). mr. sspargo, please, check and give your view and correct me if I have missed anything.

Trade for 13-10-2014
INDIACEM BUY ABOVE 111.30 SL 105 TGT 124/-
GRAVITA BUY ABOVE 85.10 SL 79.50 TGT 95/-
(please, do not take it as trading call. above calls are only for learning purpose)

prices gone down, so canceled above plan.

 

[MARUTIMANE]

Buy BNF @ 15380 sold 50% @15480

Thanks