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  1. Tushar Somoshi7/10/12 15:15

    Dear Sir, Good Afternoon CONJBNSAR (06-10-2012): 11418 means does that signal a buy as the spot close is 11516.
    Secondly BANKNIFTY AGNI /JBNSAR (8-10-2012) :11549 /11496 does that mean should we short if it goes below 11496 or 11549 as the spot is already at 11516.plase guide

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  2. MD8/10/12 08:12

    @Tushar Somoshi,

    As per CONJBNSAR method Banknifty is already in buy mode from 11th september when it triggered 10054.

    So one should reverse the trade when it triggers CONJBNSAR of respective days.

    I booked because i was long in sep banknifty future and which expired on 27th sept...

    So now for taking short position one should wait for CONJBNSAR to trigger once again....

    Dont mix the intraday strategy and this positional strategy..

    Positional strategy will give u only one signal i.e. buy or sale when it triggers and after getting triggers one should hold till it gives reverse signal..

    whereas intraday strategy i.e. Agni/JBNSAR will give u buy and sell signal for the day... they are momentum... they are like important support / resistance...

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    Replies
    1. Tushar Somoshi8/10/12 12:48

      Thanks a lot sir. now CONJBNSAR has got triggered today so should i take short positional trade.

      Delete
  3. MD8/10/12 12:57

    yes, its a short signal...

    i am already taken short position in BNF

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    Replies
    1. Tushar Somoshi8/10/12 21:47

      dear sir, noted the strategy for positional call.thanks a lot for your guidance.what should be the stoploss for the above positional trade.
      Secondly, for intraday how to go about,for example if the BANKNIFTY AGNI /JBNSARfor 8th October was :11549 /11496, then when we should be long or short call. today spot banknifty moved down from 11511 spot should i have initited short call after it moved below 11496. awaiting your valuable guidance.

      Delete
  4. MD9/10/12 08:30

    @Tushar Somoshi,

    Detail strategy is discussed under the 'Reading Gems' on left side under the label 'Agni and JBNSAR Levels' and 'CONJBNSAR'

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