Trading NR7 setup

[angira]

today' watch,

LT :- pH-1453.95, pL-1435 (>NR21)
Relinfra :- pH-389.7, pL-380.15 (NR7)
Mcdowell :- pH-2490.5, pL-2418 (NR7-IB)

today is expiry and NIFTY(spot) and Fut. also have NR7 with IB, so be careful.

angira..

 

[Cubt]

Just completed the research report based on the above concept for Nifty 50 Stocks.

I have short listed Nifty 50 stocks which crossed their 52 week high and currently trading less than 6% from its 52 week high.

All these mentioned below stocks WILL reach the targets. You can either enter at the current price or enter once NR7 Buy Signal is triggered. Based on the risk reward ratio, Asian Paints provides low RR and HUL provides high RR.

Sun Pharma and ITC target achievd. CIPLA stop loss was hit.

Missee sun pharma, but entered ITC recently @336 and exited today. Initially I was short at ITC due to NR7 low break down but later NR7 high breakout was triggeree I booked loss om short trade and re entered on long position with one month low as stop loss and target as explained above.

Its working well even in dull markets. Hope the same ll happen for bank stocks once market bounce back.

:clap::clap::clap:

 

[Cubt]

I guess even sbi and LT stop loss was also hit

 

[hmp]

Dear Cubt sir
How you decide target for particular stock?

 

[Biswajit Das]

Its Keystocks Lite instead of Keynote.

Which software I use regularly unfortunately it miss spelled. Very sorry!

 

[Biswajit Das]

Today I was out of station, so my response is being reached to u lately. please, don't mind.

 

[Biswajit Das]

Yes Biswajit, i already have keystocks lite installed. But am lot more comfortable with excel.. it would be great if you could share the NSE Futures data downloader.

nsefodownloader.exe

 

[Biswajit Das]

hey guys,
can anybody post the nr7 stocks for today?
Thanks

All members are given a free software from which can be easily shortlisted NR7 and NR21 stock after 6.00 or 7.00pm everyday.

 

[Cubt]

Dear Cubt sir
How you decide target for particular stock?

http://www.traderji.com/advanced-trading-strategies/29825-trading-nr7-setup-212.html#post810885
check this out

 

[Cubt]

NR7 Stocks for today's trade- Cash segment

ADANIENT 225.7 220.3
BAJAJ-AUTO 1843.7 1810.05
BATAINDIA 830 820.2
CAIRN 286.25 282
CENTURYTEX 294.9 289.05
CHAMBLFERT 46.3 45.35
CROMPGREAV 97.7 95
FINANTECH 851.95 825
GAIL 322.65 317.65
GSPL 58.5 57.1
HINDPETRO 288.75 283.65
INDHOTEL 53.6 52.5
JINDALSTEL 301.15 294.85
JPASSOCIAT 68.5 66.2
KTKBANK 143.2 140.25
LUPIN 771.5 757.15
MCDOWELL-N 2474.9 2424.25
PETRONET 144.4 142
RAYMOND 287.25 281.4
RELCAPITAL 341.2 335
RELINFRA 385.5 377.45
SESAGOA 159.55 156.45
SUNPHARMA 1084.8 1058.8
SUNTV 425.3 417.5
YESBANK 507.4 498.05