Trading NR7 setup

[timepass]

NR7 stocks for 25th Nov.

1 BATAINDIA -------- 20.55 NR7
2 MOTHERSUMI ------ 10.25 NR7
3 PNB --------------- 19.2 NR7

What about indices. Looks like Nifty futures had NR7 day with 34 pts range.

 

[pratik 1387]

What about indices. Looks like Nifty futures had NR7 day with 34 pts range.

May be.
But i trade only in selected stocks.

 

[sumitalwar]

can we trade each and every nr7 ( on eod on nifty 50 scripts ) or we need to see their location too like major swing points etc ?

whether nr7 + id is more robust than nr7


rgds

 

[pratik 1387]

can we trade each and every nr7 ( on eod on nifty 50 scripts ) or we need to see their location too like major swing points etc ?

whether nr7 + id is more robust than nr7


rgds

No.
It is not possible to trade each and evry nr7 stock.
Follow the rules strictly.

 

[pratik 1387]

Following are few NR7 Stocks for tomorrow (26th Nov)
Pls check by u r self also.
Happy trading.:thumb:

free picture hosting

 

[pratik 1387]

I have one question.
What should be lot size and which is the minimum vaule share that can be traded by this method?

 

[timepass]

I have one question.
What should be lot size and which is the minimum vaule share that can be traded by this method?

If it is an FNO scrip, you can find the lot size, if you are trading equity, you can trade even 1 share. Who is your broker ?

 

[pratik 1387]

If it is an FNO scrip, you can find the lot size, if you are trading equity, you can trade even 1 share. Who is your broker ?

ICICI direct

 

[bookey]

Bataindia

nr7 ib
nr21 ib

thanks for sharing and may i know what "ib" means ??

 

[pratik 1387]

thanks for sharing and may i know what "ib" means ??

IB means inside bar.
it means today's high vaule is lower than previous day's high and today's low value is higer than previous low.