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 MANAGEMENTS.