VERY SIMPLE INTRADAY TRADING TECHNIQUE - SIDDHARTH
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I WISH TO GIVE A VERY VERY SIMPLE INTRADAY TRADING TECHNIQUE HERE...THIS IS A VERY SIMPLE TO UNDERSTAND TRICK AND ANYBODY, I MEAN EVEN A LAYMAN WHO KNOWS NOTHING ABOUT STOCK MARKET CAN TRADE AS PER THIS TECHNIQUE AND MAKE GOOD GAINS.....
BUT BEFORE THAT I AM EAGER TO KNOW WHETHER ANY MEMBERS ARE REALLY INTERESTED, AS I AM USED TO NOT GETTING ANY RESPONSES TO MY THREADS IN THE PAST.....
IF MEMBERS ARE REALLY INTERESTED, I WILL GO AHEAD AND POST IT HERE....
BUT EVERYBODY HAS TO ASSURE ME THAT IT WILL BE A PARTICIPATIVE & INTERACTIVE THREAD AND NOBODY WILL BE JUST A SILENT SPECTATOR....ALL ARE REQUESTED TO COME FORWARD & SHARE THEIR THOUGHTS, IDEAS AND VIEWS....
Thanks Nitin Potade for sharing my post for the benefit of all....
For those who missed it...
We want to know it sir. if u give it we will be grateful to u.
NR 7 Stock for Tomorrow....
CENTURYTEX ------TODAY HIGH - 408.4---------TODAY LOW 400.6
SUN TV -------------TODAY HIGH -344.9---------TODAY LOW 339.5
BPCL----------------TODAY HIGH 341.8-----------TODAY LOW 339.2
TATAMOTORS ------TODAY HIGH 273.4----------TODAY LOW 266.6
NR7 Rules to trade...
Buy above the Today High and Sell Below the Today Low...
If buy Trigger then Stop Loss is Today Low....
If sell Trigger then Stop Loss is Today High.....
It means Narrow Range of High and Low on 7th Day.....
How to Find NR7 day..
1) Get the High and Low data of last few period
2) Calculate the range of each day i.e.( high - low) for each day
3) Compare the range of a today and previous 6 days range (to get NR7)
4) If todays range is smallest of all 7 days, then today is NR7 day..else not.
Any Trade Today?
Using this method...
My suggestion Plz use NR7 method along with this method...Hope it will give some resonable profit
a good strategy friend please post ur loss making trades also or atleast tell us at least percentage of success please donot think it is legpulling just curious
great friend any loss trades since u have told only gain trades please donot think it is legpulling just curious
i think this technic is very simple and gather some gain. before doing actual trading i shall do some paper trading. thank u for the technic
how to select stocks for intraday trading? supppose if the stock didnot touch the previous close and goes on moving high, then at what price we should exit from the stock?please explain sir.
DLF Again Unable to break 198 spot
let us see it break 192
From : Anand Rs at 08:51 AM - Sep 04, 2012 ( )
Good morning Sir,
In the case of Reliance Infra, Reliance and Tata steel has given signals at the previous days lows. Though the profit points may not be much, but still it has given the signals. Now it also depends on the selection of stocks also play a role, I believe. Thanks
From : Ravi Rao at 10:01 PM - Sep 03, 2012 ( )
even the technic looks good as some one pointed out where we will put alert message in the terminal or we watch the full day the screen for any upside or down side of an script? how to carry out such trades?
does any one can attach an excell file to take quotes from * /nse with yesrdays high and low and update on trading hours with alert message on buy or sell?
Since dlf is showing support and resistance in these two levels (intraday) was easy to trade the swing.
sim stanly gi at that leavel dount trad aftercross thean trad wach 4or5 pics
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