SH's MArket Correction Prediction Strategy

[anilnegi]

have u booked profit in puts, if not whats target.
thanx

target is 15 EMA on daily Tf, in my chart it is showing 5431, SH will correct me

 

[Tradewithhunter]

Nifty spot made a recent low of 5416 and touched 15 EMA right on the last day of 6 week expiry :lol:

nifty futures made a low of 5466 with 15 EMA around 5439 today .... if it was not for the huge 55 point premium on NF the prophecy would have come true here too ...

still 80 minutes more to go before mkt close... anything is possible...

Cheers
SH

 

[dashr]

Meanwhile Bank Nifty candle body hasn't touched 3EMA for 2nd consecutive day.

 

[timepass]

Meanwhile Bank Nifty candle body hasn't touched 3EMA for 2nd consecutive day.

 

[dashr]

You are right. It has touched today.

 

[trade4joisar]

Nifty & Bank Nifty both are entering into 6th week.

15 ema touch is coming.

BNF (11249 to 10608) touched 15 ema today :thumb:

NF (5634 to 5487), As SH said we can consider it touched today because of huge difference in Spot & FO price. :thumb:

What a strategy :clap:

 

[vishal7176]

@ all expert

now banknifty near to 15 EMA , ......ok


we are still long as per strategy ........

as per strategy its opporchunity to ADD your position ......i am right?



BUT now everyone asking for SHORT ? ...till it is not CROSSOVER on it ....Its only touch to 15 EMA .


PLEASE right me if i am wrong .....


---------------------------

THANK YOU

 

[trade4joisar]

@ all expert

now banknifty near to 15 EMA , ......ok

We are still long as per strategy ........

as per strategy its opporchunity to ADD your position ......i am right?

BUT now everyone asking for SHORT ? ...till it is not CROSSOVER on it ....Its only touch to 15 EMA .

PLEASE right me if i am wrong .....

---------------------------

THANK YOU

If you are long as per 315 then you should have exited from it based on below points
* Market correction strategy : as it enters in 6th week OR enters into options.
* 315 strategy - On thursday when 3 ema was against trend for 2 consecutive day
* SH's Swign trading system: I am not sure but i think you must be short on Wednesday itself when it was below BullSAR

When you should be long?
* 315 strategy: When 3 ema > previous day 3 ema & 3 above 15
* SH's Swign trading system: Also take into account of Bear SAR

Hope this helps.

 

[bestnifty]

Now NF touched .
Salute to TWH !:clap:
Further input expected

 

[Tradewithhunter]

If you are long as per 315 then you should have exited from it based on below points
* Market correction strategy : as it enters in 6th week OR enters into options.
* 315 strategy - On thursday when 3 ema was against trend for 2 consecutive day
* SH's Swign trading system: I am not sure but i think you must be short on Wednesday itself when it was below BullSAR

When you should be long?
* 315 strategy: When 3 ema > previous day 3 ema & 3 above 15
* SH's Swign trading system: Also take into account of Bear SAR

Hope this helps.

Tradejoisar - great man !!

you are really learning all my techniques fast and have even started to combine them together to make better trading decisions... well done!

Cheers
SH