Sharing my intraday strategy Education

CESCNSE

Description

⋅ Sep 30, 2018 5:28 AM

**Please do back-test strategy and then trade.

candle time-frame 15 min
Strategy is very simple. Choose the stocks for which 1st candle is engulfing next 6 candles. Then punch order below first candle low or above first candle high.

chartink.com/screener/range-bound-in-first-1-hr

Scan by this.

You may get a good trade with it. For SL see below rules

For buy SL will be first candle low
For sell SL will be first candle high
In case of candle is too big you can go to lower timeframe rule.
At last decide your position size based on the risk appetite.

Chart Patterns

Comments

daytraderph

⋅ Sep 30, 2018 5:30 AM

@vanathi

vijayagopalc

⋅ Oct 1, 2018 5:47 AM

@daytraderph, thank you for your statergy sir i will do back test and update you sir

daytraderph

⋅ Oct 1, 2018 6:10 AM

@vijayagopalc, thanks for appreciation. i learnt from my guru, shared here .. you can check the same today in Grasim.

vijayagopalc

⋅ Oct 1, 2018 8:19 AM

@daytraderph, today beml is also got entry and gave more than 10points sir

daytraderph

⋅ Oct 1, 2018 9:12 AM

@vijayagopalc, keep it up and go great ! thanks to my Guru for all these

vijayagopalc

⋅ Oct 1, 2018 9:59 AM

@daytraderph, sir just now i joined your telegram group how i will communicate with you

daytraderph

⋅ Oct 2, 2018 12:04 PM

@vijayagopalc, hi you can message me here on tradingview. there is chat option available to all users

vijayagopalc

⋅ Oct 2, 2018 12:08 PM

@daytraderph, where is it sir