that was a good answer.... i too attempt these sorts of signals, but get whipsawed... maybe as you said, i have to plunge in only on the extremes PDH, PDL....
PDH, PDL i am using only to filter stocks with high probable moves. We need to apply rest of DP concepts before going ahead with trade.
In case of ACC, i saw it is trending down from last 2-3 day, BOF of PDH i good setup to trade with trend.. Also SBI, i took long after 2 attempts to push price down PDL is failed.
I don't think i am right person to answer.. i hardly traded 10 stock trades so far. Compared to nifty slippage will be more for sure.. we need to adjust SL and targets accordingly.
Currently i am trading in nifty 50 stocks alone.. when ever i get time and nifty keeps me free.
Nice trade in ACC - there was also a BOFof PDC earlier on the long side? rb
ReplyDeleteRaghu,
DeleteI am looking for signals at PDH and PDL alone, in case of stocks.
that was a good answer.... i too attempt these sorts of signals, but get whipsawed... maybe as you said, i have to plunge in only on the extremes PDH, PDL....
DeletePDH, PDL i am using only to filter stocks with high probable moves.
DeleteWe need to apply rest of DP concepts before going ahead with trade.
In case of ACC, i saw it is trending down from last 2-3 day, BOF of PDH i good setup to trade with trend.. Also SBI, i took long after 2 attempts to push price down PDL is failed.
nice rose :) all the best for stocks trading good day today
ReplyDeletethanks mayank
DeleteHi rose. Whats your experience on slippage in stocks. Its high or same as nifty futures. Your comments are valuable. Thanks sai
ReplyDeleteI don't think i am right person to answer.. i hardly traded 10 stock trades so far.
DeleteCompared to nifty slippage will be more for sure.. we need to adjust SL and targets accordingly.
Currently i am trading in nifty 50 stocks alone.. when ever i get time and nifty keeps me free.
GM sir, Your Nifty fut charts are different today and precise, which software sir, how to get it?
ReplyDeleteNaveen
Amibroker with TrueData subscription
DeleteHi,
Deletehave u ever tried www.vbiz.in/
Authorized Dotex Data Provider Amibroker?
If Yes, then please Share your experience with their RT Data
No, not tried yet. Let me your feed back if you use in future
Delete