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All levels as per September's contract
ReplyDeleteHi Anuj,
ReplyDeleteI read about how you calculate SAR!! Could you tell me how you calculate swings?
Thanks
Shazia
Good Morning Anuj!
ReplyDeleteScript to watch today : Infosys, DLF, Bhel, Hindalco, Kotak Bank, TataMotors, Tisco, Sail, Biocon, JPAsso, Reliance, Rcom
ReplyDeletehttp://www.4shared.com/document/LTVMdKz7/MySAR_A__Future_for_26th_Aug_.html
@rm
ReplyDeleteGood morning G
@Shazia
Well it's simple...when your SAR triggers the swing direction changes...check yesterday's levels for ICICI bank and compare it with it's chart
Another way is to see it visually and establishing a bias.You last mentioned about your interest in Tatamotors
Check the following link for Tatamotors Futures
http://in.quote.com/global/futures/chart.action?s=TATAMOTORS+U0-NSF&chartUi.period=V&chartUi.bardensity=HIGH&chartUi.studies=EMA(26,26,26);MA(78,78,78);RSI(14);&chartUi.bartype=CANDLE&chartUi.size=650x450&chartUi.minutes=15&ref=300
Observe the bearish crossover on 20th august
that's just one method..you can establish your own ways as well...That can be used to establish a bias and then finding an appropriate price level to enter with a stop...leave the rest to markets.
you should also combine it with money management
A simple rule like not to short a stock thats making 52 high and not to be long in a stock making 52 week low can keep you with trend and momentum...
Try it
Cheers
Hi,
ReplyDeleteI think you misunderstood my question.. I wanted to know how you get the swing targets.. after SAR is hit the trend changes for eg for Tata motors the SAR was 1025 and now the trend is down.. (correct me if i am wrong.. i want to learn swings)
so now what could be the target for this down trend .. i assume the first is already hit which i think was around 990!! right?
Appreciate your quick response always
Thanks
Shazia
@Shazia
ReplyDeleteFor any kind of targets the best and a simple way to use trend channels