Best way of day trading - 2652 theory of trading

[Suraj]

HDFC Tgt Hit....cool...thanks once again Dhiraj and sunil..

 

[biyasc]

till now the strategy produces amzing success rate. dear dhiraj, hats of to you.

 

[Sunil]

till now the strategy produces amzing success rate. dear dhiraj, hats of to you.

Dhiraj,
U should be proud to see the best of intraday traders of this forum admiring your system...

Waiting for milkyblack, debdeeps & renu_daga

 

[rahul1983]

for me,
RCOM, BankNifty Target Hit
BHEL Buy Order triggered..

till now no trade trig in Nifty and RIL

 

[bandlab2]

today, bank nifty, icici, hdfc done !!!

waiting on LT, SBI, Nifty, RIL

 

[sasi0263]

Dear Rahul, I think Nifty is waiting for upside breakout as per the chart

 

[faith]

Great system dhiraj ,thanks to you too tsunil
till now traded in 6 scrips all profit three more to go ...can't pee

 

[tinchu76]

dear sasi,

at 10.15 apply the factors 0.433, 0766 etc., to yesterdays range (H-L)

you will get a value for eq. today they are 21.10,37.35 and 66.55(as per my chart)
todays range at 10.15 is 22.65 (2843.8-2821.15) which is greater than F1 value but less than F2 value. so, we take F2 valueof 37.35 for all trades today.
==> buy order at 10.15 is L@1015 which is 2821.15+37.35= 2858.00
sell order at 10.15 is H@1015 which is 2843.80-37.35= 2806.55

modify the order at 10.35 as
Buy @ 10.35 low which is 2821.15+37.35=2858.00
sell @ 10.35 high which is 2853.20-37.35=2815.85

hope this clarifies.

to reiterate, after 10.15 am take the factor values only to modify your order.

P.S.: The above rates are as per my charts. May differ with your rates.

Prasadam:

Aren't v suppose to take the NSE(Market watch/Odin) values as directed by dhiraj in his inital posts? Pls clarify after EOD

Rohit

 

[rahul1983]

LT buy triggered. lets see

Nifty Buy Trig >>>> 2940

 

[TraderInTheZONE]

Nifty Buy triggered at 2938.04 ! Let's see where it takes us