Nifty spot analysis BY Santhosh2010
- Thread starter santhosh2010
- Start date
- Status
Nifty intraday trading strategy
Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.
STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)
2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell
3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow
4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)
5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila
Can try this setup for intraday play....
This strategy is for purely intraday.It has given me 600 points gain in last 6 days after brokerage.
STRATEGY
1) Time frame 3-min for EMA CROSSOVER and 5- min for PSAR (PARABOLIC STOP AND REVERSE)
2)In 3min tf, EMA3 and EMA15 cross over to be taken for buy and sell
3) if we get a buy signal from ema cross over, then look at psar for confirmation as follow
4)make time frame 5-min,select PSAR, add 20-ema.
if psar is below the cmp and cmp is above 20-ema, then it is a CONFIRMED BUY.(After step 3 then step 4)
5)Always buy 2 lots.Book 1 lot at +15 point , 2nd lot at +30 points.
If CONFIRMED SELL SIGN is generated, then reverse position.
Thanks to :sonila
- Status
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