Dear Shailu
Since the scrips in this Excel sheet are based on Nifty Fifty Stocks ie Nifty index stocks they are highly liquid that is why Targets comes early.
To overcome this Pls try to place orders before market opens or between 915 to 930AM as u wish by placing limit Buy above & Sell below orders.
You also get Buy above & Sell below levels during market hours also in some of the scrips.
Regarding your Stop Loss pls follow ur own levels based on your Risk profile & ur trading capital.
Pls follow Money management principle always.
I usually stick to 1- 2 % of my investment which i strictly follow.
Regarding your concern (that stock after buying level comes that stock goes more than 10 point down) Pls dont place orders during market hours if scrip is trading above Buy above or Below Sell below limits. Pls wait for the scrips to come in Trading levels( for example if stock comes into Buy above level from above dont place any Buy above order. wait for the scrip to come below buy above limits & place the order the moment scrips comes to Buy above limits from below. Same case goes with Sell order).
Even if you square off at LTP at the end of the day if any orders u placed triggered during market hours you will get decent returns in most of the scrips.(That is the beauty of this strategy i observed).
As per suggestion of Blog Moderator Mr Murthymsr i incorporated a BUTTON in Calls Sheet to automate the Process of Copying Data with the help of VBA CODE in the new modified excel sheet which i mentioned below to DOWNLOAD from 4shareddotcom. Pls Click the UPDATE after Market Close BUTTON in CALLS SHEET only after market close to get new Buy above & Sell Below levels for next day trade.
I also inserted a Previous Day sheet if any one wants to follow CLOSE price instead of LTP(which i stick to). (Pls Download Bhavcopy from NSE site & copy the Data to Previous Sheet). Pls also copy CLOSE price from Index data sheet into LTP column of Previous day section of Calls Sheet to trade based on Close price instead of LTP Price.
Dear Mahernosh & Ganesh pls go thru this post & reply.
Pls Download Modified Excel sheet from the link below.
http://www.4shared.com/document/R2ZtL56r/Velluri_Strategy_Nifty_Fifty.html
Regards.
Since the scrips in this Excel sheet are based on Nifty Fifty Stocks ie Nifty index stocks they are highly liquid that is why Targets comes early.
To overcome this Pls try to place orders before market opens or between 915 to 930AM as u wish by placing limit Buy above & Sell below orders.
You also get Buy above & Sell below levels during market hours also in some of the scrips.
Regarding your Stop Loss pls follow ur own levels based on your Risk profile & ur trading capital.
Pls follow Money management principle always.
I usually stick to 1- 2 % of my investment which i strictly follow.
Regarding your concern (that stock after buying level comes that stock goes more than 10 point down) Pls dont place orders during market hours if scrip is trading above Buy above or Below Sell below limits. Pls wait for the scrips to come in Trading levels( for example if stock comes into Buy above level from above dont place any Buy above order. wait for the scrip to come below buy above limits & place the order the moment scrips comes to Buy above limits from below. Same case goes with Sell order).
Even if you square off at LTP at the end of the day if any orders u placed triggered during market hours you will get decent returns in most of the scrips.(That is the beauty of this strategy i observed).
As per suggestion of Blog Moderator Mr Murthymsr i incorporated a BUTTON in Calls Sheet to automate the Process of Copying Data with the help of VBA CODE in the new modified excel sheet which i mentioned below to DOWNLOAD from 4shareddotcom. Pls Click the UPDATE after Market Close BUTTON in CALLS SHEET only after market close to get new Buy above & Sell Below levels for next day trade.
I also inserted a Previous Day sheet if any one wants to follow CLOSE price instead of LTP(which i stick to). (Pls Download Bhavcopy from NSE site & copy the Data to Previous Sheet). Pls also copy CLOSE price from Index data sheet into LTP column of Previous day section of Calls Sheet to trade based on Close price instead of LTP Price.
Dear Mahernosh & Ganesh pls go thru this post & reply.
Pls Download Modified Excel sheet from the link below.
http://www.4shared.com/document/R2ZtL56r/Velluri_Strategy_Nifty_Fifty.html
Regards.
:annoyed:hello sir pls give me MCX INRTADAY Excel sheet ?????????