Maruti reached its 52W high at 10,000 and has been faaling continuously since then. The way Maruti % fell shocked alot of people, However it was not all that difficult to determine the fall and I will share, how I proceeded and made money in Maruti 5.71% . On 25 July, Maruti reached its prior top weeks high zone of 9900-10000 again. It was a good resistance and...
Take it as educational unless you understand the details of this strategy. I suggest you to backtest yourself, to understand entries and exits, before putting it in your trading repertoire. Rules: ------- Only Long trades when price > 55 EMA Only short trades when price < 55 EMA...
RANGE BREAKOUT STRATEGY ------------------------------------------------------- 1) First find a stock which moved only in a extremely narrow range after 10 or 10:30am during the day on 15 min timeframe. 2) Draw a rectangle covering all HIGHs and LOWs (as shown in this example) 3) Entry for Buy will be Upper Lvl of box with SL as Lower Lvl & Entry for SELL will be...
I am surprised to see how this simple strategy could yield such handsome return in the Index futures. Time Period= 1 June till date Chart= 15 min. Rules: 1. Divergence on Stochastics associated with inverse price movement 2. Entry @ break above/below immediately preceding "minor" swing high/low 3. Stop @ below/above immediately preceding "significant" swing...