Trading NR7 setup

[sekhar20032000]

HI Trader15,

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

 

[angira]

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

RELIANCE :899.9 - 886
ICICIBANK :1064.4 - 1050.6
CIPLA :409.55 - 405
ASIANPAINT :4838 - 4786.05
ADANIENT :203.75 - 198.35
CUMMINSIND :460 - 454.65
FEDERALBNK :402.5 - 395
GRASIM :2809.85 - 2781.25
LT :1010.9 - 992
INDUSINDBK :509.75 - 499.55
ONGC :298.6 - 294.4
CASTROL :337 - 333.1
BAJAJFINSV :665.5 - 655.55
BRITANNIA :685 - 678.3

angira...

 

[Cubt]

Huge gap down in banking stocks..

 

[raasaa]

Does NR7 strategy still apply when stocks open with a gap down or gap up...which means that it has already crossed the Buy/Sell limits that we set based on previous day candle high/low

 

[Cubt]

Yes it applies, but your risk reward ratio wides. It means, you get less when the trade is right and you lose more when the trade reverse

 

[angira]

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

VIDEOIND :199.8 - 196.2
TITAN :252 - 246.15
RELCAPITAL :378.4 - 367.55
BATAINDIA :907.35 - 891.5
CADILAHC :782 - 770.1
ENGINERSIN :140.4 - 138.15
GODREJIND :307 - 303
GSKCONS :5030 - 4822.65
HINDALCO :104.4 - 102
MINDTREE :915 - 901
PEL :578 - 569.4
TATAGLOBAL :155 - 151.25
VOLTAS :84.85 - 82.2
BFUTILITIE :193.1 - 187
BIRLACORPN :243.45 - 239
CRISIL :1180.8 - 1175
LOVABLE :272.5 - 267.75
MONSANTO :664.85 - 656.8
NAUKRI :293.05 - 287.3
RIIL :359.85 - 353.65
SRF :145.7 - 143.05
SWARAJENG :505 - 499

angira...

 

[angira]

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

INFY :2758.35 - 2731.65
DRREDDY :2333 - 2295
HAVELLS :805.8 - 786
LUPIN :881.7 - 870.95
MPHASIS :423.4 - 412
STAR :805.35 - 785.25
3MINDIA :3475 - 3455
AKZOINDIA :1108.95 - 1098
BALMLAWRIE :352.1 - 345
ENIL :226 - 224
FMGOETZE :203 - 200.4
JKTYRE :104.7 - 102.2
RELIGARE :325.5 - 317.05
SEINV :392.45 - 391.75

IB in Nifty(fut.) :5998.8 - 5932.05

angira...

 

[Cubt]

Lupin broke out.


Bank nifty falling again which would drag the indices. Better go long on it, pharma, fmcg if the stock give upside breakout.

 

[timepass]

today' NR7 stock watch :-
cash values with pH - pL
IB in Nifty(fut.) :5998.8 - 5932.05

angira...

It was a huge range for NF on 16th.. Maybe difficult to break. We may be in for a series of haramis now.

 

[angira]

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,