SH's 315 Strategy - how to use if effectively

[sonai_81]

Hello experts,

Today at 3:25pm if NF don't cross around 5438. We will hold our short position tomorrow. Please confirm.

Because if NF crosses 5438 then again crossover happens for the long side.

 

[brainz]

Hi SH

I am bit confused, please clarify. First as per 315 Rule we have to got long in Nifty on 24th Feb on 15 EMA which we didnt. Secondly as per Rule we have to avoid the crossover/crossdown after a big move (more than 5%) than we initiated shorts yesterday.

If you are trading Nifty Futures, there is no short trade triggered yesterday. There was never a cross over of 3 and 15 EMA in futures chart. You cant trade futures, looking at spot levels.

 

[brainz]

If you are trading Nifty Futures, there is no short trade triggered yesterday. There was never a cross over of 3 and 15 EMA in futures chart. You cant trade futures, looking at spot levels.

Sorry - Scratch that, there is indeed a trade, i notice it in OHLC , not in Candle stick. My apologies.

 

[prst]

AG is the biggest cheat ..believe me :lol:

If you have to hear genuine TA advice, listed to Sudarshan Sukhani...

Best - switch off the TV during trading hours and just watch the charts...

Cheers
SH

yes, we should do opp of what he is recommending
all his recos come after the stocks have moved a lot..

 

[TradeJoker]

NF is short mode frm yesterday.

 

[RAAMAKANT]

If you are trading Nifty Futures, there is no short trade triggered yesterday. There was never a cross over of 3 and 15 EMA in futures chart. You cant trade futures, looking at spot levels.

Hi, NF is in Short Trade from Yesterday. Actually today NF opened around 80 point long from 3EMA so as per equilibrium NF trading UP. someone correct me if I am wrong.

 

[bestnifty]

EMA 3 and 15 are in just 2 points difference.
What to do ? No strong croosover occurred .

 

[sonai_81]

NF trading above 5438...Should we cover our short and open long position after 3:25pm?

 

[TradeJoker]

Guys dont worry . its still short mode . wait for next day

 

[mangup]

Finally It's a bullish 315 crossover with a diff of 1 point between two EMAs.