Let me tell you simple strategy for Intraday by which you will be able to make around 100–1000 per day…!
You don’t need to see any charts or indicators for that…!
Let’s go step by step :
- In the morning around 9 am go to NSE website and check out the sectorial index. Check out the index which is top gainer and top looser.
- Now once the rates are settled at 9.08 am. Check out the stock which is top gainer and the top looser.
- Check out the index, Whether it is bullish or bearish.
- Now for E.g WIPRO is top gainer and Market view is bullish. Will take a bullish trade in WIPRO.
- Now wait for markets to open. Once market opens wait for 5 mins and check out market direction, If market sustains positive then take a positive trade on WIPRO.
- Take a trade at 9.20 am.
- WIPRO has a lot size of 3200….. 0.5 Rupee movement in stock will give you 1600.
- If you feel market may reverse, Then go with top looser on shorting side.
- In case if you go with stock which is bullish the stop loss will be day’s low and vice versa.
- Either keep stop loss and target 1:1 or keep it at day’s low.
The strategy can be 80% successful.
Few points to keep in mind while executing this strategy!
- Trade with strict stop loss.
- Always keep a target in mind, Once you made enough money take a exit.
- Before applying the strategy in live market. Try it out as paper trade for a month!
- Choose liquid stocks only as this strategy will require movement in stocks.
I hope this simple strategy will help you making some good money!
Thanx for reading🙂
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