Simple Day Trading Strategy - Seems well working

[Satyen]

Hi all , I am following your thread , I am much interested in Nifty than Stock Future ....

Even 5/6 Oppertunity in a month in Nifty is OK but seems nobody trading nifty future

So a back test report of 1/2 yr of nifty will be helpfull with rigid rules

Thanks and Reagards

 

[Shantala]

These strategies seem working well.
Please comment to refine them.

 

[ValueZone]

One more setup added in the blog. It is based on gap up open and fading the gap open

 

[ValueZone]

They published today's setups formations in blog and all 4 scrips made 1% or more immediately after setup completion.

 

[ValueZone]

If a second entry was made on the pull back, 3 out of 4 scrips in the list would have rocked by now

 

[ValueZone]

The blog listed four scrips, I personally screened TATASTEEL and RELIANCE, (reliance was not in their list), Tatasteel was break even and Reliance good winner

The blog listed trades were good, unlike yesterday, today 2 trades generated small profit, yesterday all were big runs

 

[ValueZone]

Today made two trades NIFTY and INFY. Nifty was break even, INFY gave good profit. Both are buy setups.

 

[ValueZone]

Again setup rocked, AXISBANK fut

Short entry was at 1084, SL 1089, low made so far 1069.15, booke 14 pints profit.

The strategy suggests 1:2 risk reward

 

[ValueZone]

@ Shantala, Please continue posting your scan results

 

[ValueZone]

Today again SBIN and Axis Bank rocked