NIFTY 50 future TRENDS

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I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice
,
 
I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only. Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

Seniors pls advice
,
If the high is not crossed, when would you go for the sell? Below the low of first bar ? Also, sometimes the first 5 min bar can give very wild swings.
 
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