Hi Kartik/Anup/RR,
it is a good thread for intraday I suppose.
But have few questions---
Which TF to watch? asking this becoz RR somewhere mentioned about 1 hr high/low on RelCapital...
What about SL? Should we consider the sl as ATP or the candle closes below ATP? In that case sl will be higher I think...
If I understand the strategy correctly then buy/short should be taken above/below high/low of the candle if the candle closes below/above the ATP(on 15 mins chart I suppose).
Now if somebody can look at Reliance chart it gives a buy just @9.30 mins but it resist to go up till 11.30 and if ATP is the SL it hit that.
Please let me know if I am wrong anywhere.
-Sandipan
it is a good thread for intraday I suppose.
But have few questions---
Which TF to watch? asking this becoz RR somewhere mentioned about 1 hr high/low on RelCapital...
What about SL? Should we consider the sl as ATP or the candle closes below ATP? In that case sl will be higher I think...
If I understand the strategy correctly then buy/short should be taken above/below high/low of the candle if the candle closes below/above the ATP(on 15 mins chart I suppose).
Now if somebody can look at Reliance chart it gives a buy just @9.30 mins but it resist to go up till 11.30 and if ATP is the SL it hit that.
Please let me know if I am wrong anywhere.
-Sandipan