101% sure intraday trading method

[Wizard Trader]

wizard trader for finding high value we have to use O-H-C or O-L-C ? there is some confusion for finding high value bcoz i've found high 204.84.

o-h -c

kindly out of the postions when it goes below 200

 

[amrutkumar]

@amrutkumar,

u can download OHLC from nseindia. both equity & nifty i download from nseindia.
i've made excel sheet but it require some formatting/editing bcoz i'm not good programmer.

if u've doubt in calculation then give example for any stock.

Angira...

Dear Angira,

I have attached my excel sheet. Kindly check it and please tell me if there are any corrections to be made. Also if u can send the link from NSE, where you take the values, it would be of great help.

ht tps://r apid sh are.c om/files/796595817/High Low Calculation.xlsx
(Remove the spaces)

Thanks,
Amrut kumar

 

[jsb2012]

file not available

 

[Wizard Trader]

dlf today range

Buying range 201 - 202

Selling range 206 -207.50

buy in buying range and stoploss is 199.50 h

Dlf is in storng downtrend according chart . But my method gives a buy call.
So trade in very small volume with strict sL

I have already buy at 201.45 and still on profit ...........

DLF showed up ..............:cool:
just touched the lower level but recovered very soon..........

Now it is Going to touch the selling range ....
already booked profit at 204.50.......

Good day Good profit for me..............that to aganist the trend....:thumb::thumb:

 

[Wizard Trader]

dlf on fire just crossed 206

I am Damm Right

 

[salman200867]

good job!!!!!!!!!!

 

[amrutkumar]

file not available

It is Working... Anyone has idea how to share it in any other way

 

[rizoritz]

Couldn't understand your calculation method.. But hats off 2 u...

dlf on fire just crossed 206

I am Damm Right

 

[amrutkumar]

Hello WizardTrader,

I've find dlf low 201.22 .
Is this right or not as per calculation.
And wht is high u've find ?

Angira...

Hi Angira,

As per the excel sheet attached and Values taken from NSE, the values I got are 200.24 and 206.06. Today's high & low according to NSE, is 200.10 and 206.60.
But when I checked the same for Tata Steel, the values are showing wrong. The Values I entered for Tata steel is
425
417.50, 407.95, 406.2, 418.70 (O,C,L,H)
411, 405.80, 404.85, 413.65 (O,C,L,H)

Again, I checked the values of JSW Steel and it is coming rightly. Can you also tell me for which all stocks we can use this. Are there any specific conditions for stock selection.

Can you kindly check my excel sheet, if it is right..

Thanks,
Amrutkumar. N

 

[Wizard Trader]

dlf trading range...............

buying range :::: 207.50 -208.50

selling range :::: 211 -213

buy on buying range stoploss 206