A friend has told me about this system, I decided to back test out of curiosity, surprisingly it works. The system gave 100+ points on Bank nifty on 9 out of 11 days.
I believe, if we use some reliable indicator along with this, profitability can be enhanced further.
Those interested in more information about this system can share their e-mail ids via message post or direct messages.
Relevant for beginners only or someone with very basic knowledge of .
I have also tested it on Nifty , and got similar results. I have not tested on individual stocks yet, but I was told it works well on them too.
This post is not a trading tip or encourages / recommends speculative trading using leveraged positions in any way, please consult some financial consultant before taking any decisions w.r.t. your money.
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1st 15 minute range breakout strategy for Nifty and BankNifty