trading this strategy since 25 july with only 10 shares of sbin for testing. results so far :
date p/loss rs net earn
25 jul : profit : 10 : 10
26 jul : profit : 10 : 20
27 jul : profit : 10 : 30
30 jul : profit : 10 : 40
31 jul : loss : 10 : 30
01 aug:loss : 10 : 20
02 aug
rofit : 10 : 30
03 aug:loss : 10 : 20
06 aug : no trigger
07 aug
rofit: 10 :30
08 aug :loss : 10 :20
09 aug
rofit: 10 :30
10 aug :loss : 10 :20
so 13 trading days 12 trades 7 profit and 5 loss. expenses yet not counted rs.15 per day is expense. so rs.15 x 12 = rs.170.
so net loss rs.170-20= rs.150.
but we have to see how this trading strategy can be converted to profitable strategy. waiting for reply from members.