Best strategy for day trading in india
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What is a Week High? How to calculate them? What is a 52 Week Low? Forex Currency Pair Trading in India What is Day Trading? What are the Factors that Form the Market Trends? What is Bull Market Trading? What is Bear Market Trading? Some of the intraday trading strategies are as follows: 1.
Entry Points Find the stocks you want to buy at the first place. Pivot Levels This intraday approach absorbs profiting from the daily volatility of stock. Buy low at the start of the day and sell high at the end of it. I will work on tick intraday charts. No five minute or ten minute candle. I will chose top five to ten most volume based traded stocks for the day.
Probability is that they will keep moving in the same direction because of volume regardless of market ditection.
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Now see the drawing below. Sorry for mess but it gives example. This is what intraday tick or line chart is like. You don't focus on more then 5 to 6 stocks. Also you should be with trusted broker with minimum intradaybrokerage.
Getting into intraday trading? Here is what you must know
Since number of trades are more, it matters. So when price moves up you enter at green cut and exit at red. Previous low is the stop loss where you exit. You repeat it till end of day.
Intraday Indicators | Best Intraday Indicators | Equity | Intraday Trading
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