Dear all,
I am just copying the messages from Neelimaji which is as under:
Dear Jay Saab, Ganpat Bhau, Pradeep-ji, Musti-ji and all other friends here,
This is something regarding the trading that has been working on our nerves. We all are here working over time with a hope to make some little extra money but almost most of the time end up loosing what lil extra we do have.
In d course of time ppl like Kadiyali nd Sarvanna appear and vanish according to their own free will. Though I even now believe Kadiyali is really good in his pick of STOCKS. Don’t know where he is now. No traces of Sarvanna even. Though he made few of us dance to his tunes for a while but I am happy most of us didn’t fall to his trap fulltooooosh J even I was lured though but was saved as didn’t buy huge.
To come to the point nd before that want to acknowledge the help from a young handsome guy who has been working with me day in and day out…!!!
I have been working on a strategy to gain consistently in intra day. Not big but just 10-15 points but whats important is that it should be consistent. And I guess the results are encouraging enough. The study is based on NIFTY nd SBI.
The calculations give 2 points of entry…one for longs and d other for shorts. Catch whichever u get first and trade. Make sure to follow the levels strictly. Once target 1 is hit u may look for target 2 with target 1 as your sl making sure that u lock the initial profits.
This is something regarding the trading that has been working on our nerves. We all are here working over time with a hope to make some little extra money but almost most of the time end up loosing what lil extra we do have.
In d course of time ppl like Kadiyali nd Sarvanna appear and vanish according to their own free will. Though I even now believe Kadiyali is really good in his pick of STOCKS. Don’t know where he is now. No traces of Sarvanna even. Though he made few of us dance to his tunes for a while but I am happy most of us didn’t fall to his trap fulltooooosh J even I was lured though but was saved as didn’t buy huge.
To come to the point nd before that want to acknowledge the help from a young handsome guy who has been working with me day in and day out…!!!
I have been working on a strategy to gain consistently in intra day. Not big but just 10-15 points but whats important is that it should be consistent. And I guess the results are encouraging enough. The study is based on NIFTY nd SBI.
The calculations give 2 points of entry…one for longs and d other for shorts. Catch whichever u get first and trade. Make sure to follow the levels strictly. Once target 1 is hit u may look for target 2 with target 1 as your sl making sure that u lock the initial profits.
Whats interesting is….the entry point for longs is d SL for shorts and vice versa. If ever your SL gets HIT hold your nerves, take a deep breath and reverse the trade. I have seen it many times that whenever the SL is hit and you reverse the trade almost everytime u get bumper profits…..would prove it with todays SBI movements a bit later.
For SBI the target would be 9-10 points and SL 14 points most of the time. For NIFTY the target would be of 13-14 points and SL would be of 25 points . Y this BIG SL u would ask. My answer is….it would have very less chances of getting hit. Ganpat Bhau has been mentioning it that whenever we feed a SL in the system it gets hit….we are out of the trade and then the trade goes in our direction only and we are left with no options.
Jay Saab asked me about the fractions so my request is forget about it for a while even I would try to round off the numbers. This trades are strictly for intra.
Now I would try to explain regarding reversing the trades if SL gets HIT and come out of the trade with a smile almost everytime.
For SBI the target would be 9-10 points and SL 14 points most of the time. For NIFTY the target would be of 13-14 points and SL would be of 25 points . Y this BIG SL u would ask. My answer is….it would have very less chances of getting hit. Ganpat Bhau has been mentioning it that whenever we feed a SL in the system it gets hit….we are out of the trade and then the trade goes in our direction only and we are left with no options.
Jay Saab asked me about the fractions so my request is forget about it for a while even I would try to round off the numbers. This trades are strictly for intra.
Now I would try to explain regarding reversing the trades if SL gets HIT and come out of the trade with a smile almost everytime.
Take the example of SBI today
My Call was..
Buy at / above: 2475.06 Targets: 2486.27 - 2498.75 - 2511.25 - 2523.79
Stoploss : 2462.64
Sell at / below: 2462.64 Targets: 2451.47 - 2439.1 - 2426.77 - 2414.47
Stoploss : 2475.06
Our Shorts got initiated in d morning @ 2462 but SL got hit @ 2475 a loss of 13 points. Even I didn’t dare to reverse d trade though, but if I had and cud have initiated a long @ 2475….SBI Zoomed and hit a high of 2524…giving us 49 points if the trade done with a trailing SL. You would notice even my fourth target got hit and what a hit. Its BANG ON. Check the fraction side even and you would be surprised.
Now if we calculate we lost 13 points and gained 49 points that makes….49–13=36. 36 points we gained intra after cutting d losses. SBI has a lot size of 125 that makes 125X36=4500 is the net gain in intra day trading per lot of SBI Futures with an investment of almost 42 k. not bad I guess.
Most important readings are….respecting and following the levels, use of trailing SL, learning to lock the profits and consistency. I hope together we can.
Giving the SBI nd NIFTY calls of today below for all of you to check. All the targets got hit on longs in SBI and all trhe targets got HIT on the shorts in NIFTY. What more could I ask for..
SBI
Buy at / above: 2475.06 Targets: 2486.27 - 2498.75 - 2511.25 - 2523.79
Stoploss : 2462.64
Sell at / below: 2462.64 Targets: 2451.47 - 2439.1 - 2426.77 - 2414.47
Stoploss : 2475.06
NIFTY
Buy at / above 5742 exit (5755-5768-5780) stop (5717) Nifty-short-enter (5717)- exit(5705-5692-5679) stop(5742)
Check and decide. No real Money as of now plz. Track the calls and then decide on your own as I wont be responsible for any losses.
Thanx a lot Jay Saab for providing this platform to share our views.
WANTED TO POST THIS ON A NEW PAGE AS IT WOULD HAVE BEEN EASIER FOR EVERYONE TO REACH AND READ
IF JAY SAAB FEELS OK HE MAY DO IT ON MY BEHALF
Would be waiting for feed backs
Regards
Neelima
SBI
Buy at / above: 2475.06 Targets: 2486.27 - 2498.75 - 2511.25 - 2523.79
Stoploss : 2462.64
Sell at / below: 2462.64 Targets: 2451.47 - 2439.1 - 2426.77 - 2414.47
Stoploss : 2475.06
NIFTY
Buy at / above 5742 exit (5755-5768-5780) stop (5717) Nifty-short-enter (5717)- exit(5705-5692-5679) stop(5742)
Check and decide. No real Money as of now plz. Track the calls and then decide on your own as I wont be responsible for any losses.
Thanx a lot Jay Saab for providing this platform to share our views.
WANTED TO POST THIS ON A NEW PAGE AS IT WOULD HAVE BEEN EASIER FOR EVERYONE TO REACH AND READ
IF JAY SAAB FEELS OK HE MAY DO IT ON MY BEHALF
Would be waiting for feed backs
Regards
Neelima
