syam-mohan-vs
Long

Trendshikari DTS - Long Tip

NSE:NIFTY   Nifty 50 Index
138 9 0
Buy @ 8735.65 Stop @ 8718.15 Target @ 8755

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. Rules for trading this Indicator is published here - Performance results for Sep 2016 published here - Trading this system would be a matter of your sole educated discretion and I shall not be responsible for any possible loss that you may incur trading this system.
Comment: You may also enter if price falls to 8701.65 with Stop @ 8684.3 and Target @ 8726.8
Comment: If entry happens @ 8735.65 and Target @ 8755 is taken out exit and re enter @ 8763.85 with Stop @ 8746.25 and Target @ 8783

If entry happens @ 8701.65 and Target @ 8726.8 is taken out exit and re enter @ 8735.65 Stop @ 8718.15 Target @ 8755
Trade active: @ 8701.65
Comment: Still in active zone...wait and watch -
Comment: Still active hit low at 8685.2 and bounced back from just above the Stop.
Trade closed: stop reached
Comment: If price touches 8701.65 you may again enter a long with Stop @ 8684.3 and Target @ 8726.8
Comment:
Trade active:
Comment: If target hits exits and Nifty moves forward re enter @ 8735.65 Stop @ 8718.15 Target @ 8755
Trade closed manually
Comment:
Comment: Closed near the entry price with 0.35 point loss....
Hi stops are low I suppose
Reply
syam-mohan-vs ASKSANTHOSHPM
Hey bro. It may looks so on this trade but over many trades I have done with this system that has been a big money saver and thats why I have kept it the way it is. But am open to changing it in future based on results.
Reply
ASKSANTHOSHPM syam-mohan-vs
K add +8 extra as SL
Reply
syam-mohan-vs ASKSANTHOSHPM
Sorry bro. The system thrives on near 2:1 risk to reward ratio and some times 1:1. Having +8 point is not an option therefore. For a swing trading system looking for capturing more of the trend that may be ok. But not for a quick buck intraday system like this. Also as I have pointed out earlier, current levels have served me well over many trades. So I shall keep it as is for now. Anyway thanks for the suggestion. You are the only one in TV that respond to my tip so very often and that keeps me inspired to keep improving the system and making it work for more people than the current lot of users.
Reply
ASKSANTHOSHPM syam-mohan-vs
Thanks sure, I'm still a novice, I don't trade much but I follow systems. All for confidence
Reply
syam-mohan-vs ASKSANTHOSHPM
Awsome bro. Keep going. All the Best. And keep letting me know your thoughts...
Reply
ASKSANTHOSHPM syam-mohan-vs
Done Bro, tomorrow I expect 8743 breaches then 8790
Reply
syam-mohan-vs ASKSANTHOSHPM
okies...
Reply
syam-mohan-vs syam-mohan-vs
I was looking for some forward movement today looking at the F&O buildup. But dint happen. But may happen tomorrow as you say.
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