Today 1st point is @ 5239 and Nifty went below that point. And 2nd point is @ 5218 and again nifty is gng down - bearish sentiment and finally stoped @ 5178
Next point is @ 5186 and nifty moving upside with volume spikes and finally closed @ 5310. High volume and price moving up is bull phase, that is the reason i gave a buy call @ 5274 and it made high of 5315.
But sometimes it will be difficult to find the right direction. you may hit SL with few points. Last 4 trading sessions i showed 500 points of Nifty profit using this. If you carefully trade with this strategy you may get minimum of 200 points in a week.
No MACD,RSI,Bollinger signals are used here and this is only for intraday. And finally don't ask me questions :)
In Reply to above Message (1 to 17 out of 17) -- Latest Replies are put on Top
As I said ealier that it is Innovative strategy, but previous images would have help to understand it better way. You have already mentioned that DONT ASK QUESTION. But for paper trading, please educate us on the following queries -
1. Whether to concentrate on volume or pivot level?
2. What care we have to take while trading as mentioned in your thread.
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