Trading NR7 setup

[trader15]

HI Trader15,

How u r doing short in cashmarket based NR7 for taking positions.

No shorting as of now, NR7 list gives enough number of stocks to make money in long

For playing shorts will be using futures, while still using cash for long.

Although my observation is NR7 short will give you profits intraday, but that requires to be in front of screen.

Right now happy with longs which run for a week on average and giving decent returns.

Though next week onwards planning to enter shorts since the market is reaching near top with not so good breadth.

 

[trader15]

NR7 stock watch for today :-
cash values with pH - pL

SUNPHARMA :1132.5 - 1110.1
RELIANCE :919.95 - 909.2
DRREDDY :2347.35 - 2312.3
ABIRLANUVO :1138.5 - 1118.95
ADANIENT :201.7 - 197.55
CROMPGREAV :90.2 - 88.1
GSKCONS :5200 - 5017
OFSS :2800 - 2731
PETRONET :128.5 - 125.45
POWERGRID :111.7 - 110.25
SAIL :45.75 - 44.7
TORNTPOWER :100.85 - 98.4
ABB :587.9 - 576.25
BATAINDIA :938 - 925.55
CMC :1337 - 1313

happy week end,
angira,

Power Grid -> Long Candidate : NR7 + NR21 : Hold for 120+ target

ABB: Short Candidate :-> Below its all moving averages : Sell it

CMC -> Long Candidate --:> NR7 (18th and 19th July) + NR21 --> + closed above 150 Day MA (1306) --> Hold for 1400 levels

Don't take targets as sacrosanct. Book profits based on your risk:reward ratio and money management.

 

[angira]

Today NR in below stock :-
cash values with pH - pL

Listed in NR7...

Nifty(fut.) :6074.4 - 6034.05
WIPRO :393 - 387.05
UNIPHOS :148 - 144.6
CADILAHC :782 - 772.1

Listed in NR21...

TITAN :264.4 - 258.65
RECLTD :196.8 - 191.4
APOLLOHOSP :996.5 - 982.2
HINDALCO :104.9 - 103
POWERGRID :111.8 - 110.6
CMC :1331 - 1316
THERMAX :610 - 602.9
GSKCONS :5350 - 5245.5
UBL :836.9 - 820.1
ADANIPOWER :40.5 - 39.35
GMDCLTD :105.05 - 103
GUJFLUORO :280 - 276.9
MAX :200.95 - 198.35

angira...

 

[toughard]

Hello all,

irrespective of nr4 nr7 on last trading day today there is not much action in nifyt today!!!

Can any one clarify on the same.

Thanks

toughard

 

[timepass]

there is not much action in nifyt today!!!

The market may be waiting for L&T results.. what other major results are expected today ??

 

[angira]

Today NR7 in below stock :
cash values with pH-pL

TCS :1758.8 - 1728.3
SBIN :1834.8 - 1806
SESAGOA :148 - 145.05 ( NR21 )
ITC :370.5 - 366.45
HDFCBANK :687 - 676
GLENMARK :608 - 598.5
ADANIPORTS :146.85 - 144
BANKINDIA :213.8 - 208.25
COLPAL :1506 - 1486.95
IDBI :71.25 - 69.5
IDEA :153.3 - 148.45
IDFC :127.5 - 124.2
INDHOTEL :49 - 47.95
JPASSOCIAT :50.4 - 48.7
NTPC :144.45 - 141.85
OFSS :2805 - 2765.15
PETRONET :126.5 - 123.6 ( NR21 )
TATACHEM :286.75 - 282.5
TATAPOWER :93.75 - 92.4 ( NR21 )
UNIPHOS :150.5 - 147.2

angira...

 

[angira]

today NR7 in below stock :
cash values with pH - pL

MARUTI :1464 - 1439.7
HEROMOTOCO :1809 - 1771.55
AXISBANK :1219.8 - 1197.05
BAJAJHLDNG :804.95 - 796
BHARTIARTL :337.4 - 328.85
BIOCON :315.45 - 309.6
BANKINDIA :217.55 - 213.55 ( NR21 )
CAIRN :312.65 - 307.05
CANBK :329.4 - 321.15
GLENMARK :607.5 - 598.25
HCLTECH :905.85 - 891.25
HDFCBANK :690 - 681.05 ( NR21 )
ICICIBANK :994.15 - 982.75 ( NR21 )
IDEA :153.2 - 148.5
LICHSGFIN :216.85 - 211
NTPC :144.7 - 142.65 ( NR21 )
TATACHEM :287 - 284 ( NR21 )
TATAPOWER :94.8 - 93.75 ( NR21 )
FEDERALBNK :384.05 - 377.1 ( NR21 )
COLPAL :1499.05 - 1481.8
BOSCHLTD :8658 - 8580.05 ( NR21 )
ADANIENT :204.25 - 200.7 ( NR21 )
ADANIPORTS :148.05 - 146 ( NR21 )
JPASSOCIAT :50.75 - 49.7 ( NR21 )
ASHOKLEY :15.2 - 14.8
RPOWER :81 - 79.05
SAIL :44.95 - 44.15

NR7 in also Nifty (fut.) & Nifty (spot)

angira...

 

[angira]

today NR7 in below stock :
cash values with pH-pL

ASTRAZEN :659 - 645
JINDALSWHL :319.4 - 311.6
MOIL :196.95 - 194.1
SRF :140.75 - 138
TTKPRESTIG :3435 - 3350
WHIRLPOOL :174.9 - 171
BHARTIARTL :340.8 - 333.2
CESC :336.95 - 329.2
FINANTECH :629.1 - 608
GODREJCP :895 - 876.3
GUJRATGAS :203.6 - 197.55
LT :869.35 - 850.1
MCDOWELL-N :2740.2 - 2678.05
KARURVYSYA :401 - 396.1
SBIN :1816 - 1789.1
SOBHA :306.5 - 298
UNIONBANK :148.4 - 143.2

Have a nice week end,
angira...

 

[winsomecapital]

trader15, could u pls tell us how long are u using NR7 trading method?

No shorting as of now, NR7 list gives enough number of stocks to make money in long

For playing shorts will be using futures, while still using cash for long.

Although my observation is NR7 short will give you profits intraday, but that requires to be in front of screen.

Right now happy with longs which run for a week on average and giving decent returns.

Though next week onwards planning to enter shorts since the market is reaching near top with not so good breadth.

 

[mark_sas30]

today NR7 in below stock :
cash values with pH-pL

ASTRAZEN :659 - 645
JINDALSWHL :319.4 - 311.6
MOIL :196.95 - 194.1
SRF :140.75 - 138
TTKPRESTIG :3435 - 3350
WHIRLPOOL :174.9 - 171
BHARTIARTL :340.8 - 333.2
CESC :336.95 - 329.2
FINANTECH :629.1 - 608
GODREJCP :895 - 876.3
GUJRATGAS :203.6 - 197.55
LT :869.35 - 850.1
MCDOWELL-N :2740.2 - 2678.05
KARURVYSYA :401 - 396.1
SBIN :1816 - 1789.1
SOBHA :306.5 - 298
UNIONBANK :148.4 - 143.2

Have a nice week end,
angira...

how to trade the nr7 high if the stock opens above the high of nr7 or low of the nr7

like sbin opened at 1811 yest instead of opening 1811 say it opened at 1827, what to be done at time wait for it to come below 1816 then buy or skip the trade