This is a momentum based strategy which generates signals when the price moves with momentum in either direction. This strategy works well on liquid stocks. Its not necessary to close the trade as soon as the close signal is generated and one can wait for the price to move in the direction as indicated by the prior signal unless price starts to go in the opposite...
INDUS BANK IND IN TREND CHANNEL TOUCHED ITS TOP CHANNEL RESISTANCE STILL ANOTHER RESISTANCE MORE TO TOUCH TO GET PERFECT REVERSAL FOR SHORT ....ANALYSE THEN TRADE.
FIND THE REVERSAL CONFIRMATION THROUGH CANDLE AND USE OF INDICATORS ANDGO FOR SHORT AFTER CONFIRMING .
With this Script, White is the Fastest one, Blue is fast, Orange is Slow, and Green is Super Slow.
For generating Buy/Sell Signal, work your way out with Close crossing Up/Down different MA levels and decide for your own good.
Green and Orange lines are just for providing more strength to the analysis, but one can easily rely on Blue and Orange crossings for...
buy above and sell below perfect intrday level of axis abnk
just trade and make profit
.............................................do trade not watch you not learn or earn in watching do trade with atleast 10 -20 qty.
and judge the accuracy for more calls and update