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CONJBNSAR (POISTIONAL TRADE STRATEGY)

CONJBNSAR  is a  number (shown Right side of the blog), It is a stop and reverse number and calculated based on spot value of banknifty. Hence it gives entry and exit value in spot price of banknfity . One can take entry in banknifty future whenever CONJBNSAR triggers signal in spot. To check whether it sustain above/below CONJBNSASR keep entry +/-15-25 points away from CONJBNSAR... For eg. CONJBNSAR triggered @ 10054 on 11th sep 2012, than one can take entry near 10075-85 . Minimum 2 lots is advisable.  Book one lot with gain of 100 points  and hold the other one till a reverse trade is triggered based on each subsequent day's CONJBNSAR .That time book another lot and take reverse position with minimum 2 lot once again. This way you are always in a trade.

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