Powerofstock
INSIDE CANDLE STRATEGYInside Candle Strategy is a simple and effective strategy which can be applied on Index and Stocks. The main advantage of this strategy is that you are always on the right side of trend and it uses pure price action, no need to check global markets, indicators, etc.
Some of the guidelines for the strategy are
1.Create a list of 10-15 liquid stocks from NIFTY 50.
2. Timeframe to be used is 15min,30min,1hr,1D.
3.Please do Backtesting before starting with real capital.
4.Intially start with low capital and then increase it gradually.
28% Target in JASH | Swing TradeWonderful price consolidation inside the channel Flag Pole Pattern
Reasons to trade -
1. Prior Price Consolidation
2. Breakout of the trendline
3. Supply Demand Conversion
4. Breakout with volume
5. 50 EMA breakout and support
6. Good Volume
7. RSI above the MA
Please hit the like button this really motivates me to make more such analysis.
Hit Follow to get regular notifications of my analysis.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati