GOOD MORNING ALL,
AFTER TESTING A LOT OF TECHNIQUES WHICH DRAG ME ALWAYS IN LOSS IN DAY TRADING, I ANALYSED THE FOLLOWING SURPRISIG, SHOCKING, GOOD YIELDING TECHNIQUE WHICH I TESTED YESTERDAY I.E. 23/02/2017. (I DID PAPER TRADING ONLY)
KINDLY COMMENT MY POST AFTER ANALYSIS.
In India, there are two major index i.e. BSE SENSEX and NSE NIFTY 50.
I made a trial as follows:
It is generally believed that if one scrip is gainer of a particular time in BSE Sensex, surely it will also be gainer in NSE NIfty 50 also.
Based upon the theory,
I illustrate as follows:
During 0915-1000 hours first three gainers in both sensex and nifty are:
BSE SENSEX
Company LTP Price at 10:00 Price at 11:00 Change % Change
TCS 2481.65 2435.00 2467.90 32.90 1.35
Wipro 485.55 475.60 478.60 3.00 0.63
Infosys 1009.05 996.90 1002.45 5.55 0.56
NSE NIFTY
Company LTP Price at 9:00 Price at 10:00 Change % Change
HCL Tech 842.85 839.25 850.60 11.35 1.35
TCS 2481.80 2435.35 2467.25 31.90 1.31
Bank Baroda 168.15 167.15 168.80 1.65 0.99
out of above 3 scrips during 09-1000, common scrip is TCS, so follow the scrip and buy at 5 minutes after beginning hour ie.0920 (0915+5) and aim for 0.5 to 0.75% gain as these blue chip shares have minimum 20 - 40 times exposure from any broker, thus hourly gain will be from 10% to 30%.
friends pl. examine and tell your comments.
this is my first post.
