Hello Traders,
One simple strategy for Intraday traders:
When the Day's Open and low or Open and high are the same, it creates a very high probability trading setup. Most of you guys will be aware of this method. However, most of you would find it difficult to find stocks that are meeting the conditions.
For Today we had Jindal Steel that had Open and Low as same when the market opened and Heromotocop That had Open and High as same.
How to trade the script?
Simple, wait for the first five minutes, and buy the break of the high, if the Open and low are the same. In case, you have an open and high at the same, reverse the process.
However, wait for the first five minutes:
Sell call for Heromotocop @ 2116.35 and the script hit a low of 2090
Buy call for Jindal Steel @ 263.45 and the script hit a high of 265.50
Every morning, you can visit the blog to find scripts that are meeting the conditions and trade accordingly.
You will also have stocks that have gapped up for the day.
See you soon...
One simple strategy for Intraday traders:
When the Day's Open and low or Open and high are the same, it creates a very high probability trading setup. Most of you guys will be aware of this method. However, most of you would find it difficult to find stocks that are meeting the conditions.
For Today we had Jindal Steel that had Open and Low as same when the market opened and Heromotocop That had Open and High as same.
How to trade the script?
Simple, wait for the first five minutes, and buy the break of the high, if the Open and low are the same. In case, you have an open and high at the same, reverse the process.
However, wait for the first five minutes:
Sell call for Heromotocop @ 2116.35 and the script hit a low of 2090
Buy call for Jindal Steel @ 263.45 and the script hit a high of 265.50
Every morning, you can visit the blog to find scripts that are meeting the conditions and trade accordingly.
You will also have stocks that have gapped up for the day.
See you soon...
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