INTRADAY STRATEGY
INTRADAY STRATEGY INTRADAY TRADING ON BANKNIFTY Generate Regular Income By Intraday Trading on BANK NIFTY STRONG STRATEGY This strategy is discussed on FUTURES 15 minutes chart CHART STOCHASTICS This was invented in late 1950 by Dr. George Lane Overbought line 65 Oversold line 35 Buy only when MAJOR RESISTANCE BREAKOUT ON INTRADAY CHART 3 Reasons for EXIT 1) If 300 points target achieved 2) If STOCHASTICS INDICATOR goes below 65 3) If Market close Don't forget to keep stoploss = 100 points When you will draw STOCHASTICS INDICATOR. You will see K and D lines. Our attachment is to only K line. No use of D line See only K line STOCHASTICS INDICATOR KEEP IN MIND KEEP K line = 10 period D line = 1 period Slowing line = 1 We should keep Overbought line = 65 Oversold line = 35 NO STRATEGY CAN WORK WITHOUT DISCIPLINE. Should ALWAYS LIMITED QUANTITY RISK ...