What is the way to get 15 points in nifty fut daily

#11
There must be a way to get 15 points in the nifty futures daily.......

say 10 point for me and 5 points for brokerage .....

I bring this topic because ........ when ever nifty comes to support or resistance level........ in general or for the intraday support or resistance level nifty neglects to move futher for few minutes...... nifty bounces between the the recent support and resistance..... there must be a best strategy there to get 15 points daily......

if it is done twice...... then the problem for the day is over..... we shall look for a better chance to go...........

Experts please post your views......... is it right to trade in this bearish trend.... bear market..... or would it work out in the bull market ????

With regards,
Ganesh
1. Place intraday trading orders at Major Reaction Points (Horizontal S/R, Major Trendlines and commonly used Moving Averages) Commonly visible on Daily/Weekly charts.

2. Use a heavy volume ( >9.5 lacs) 5-minute bar to go contra against the intraday trend. Better to wait for any 5-minute high/low to be taken out.

3. Use Previous Day Close of NIfty Futures as Support/Resistance.

4. Third touch of intraday trendline on 5-minute intrady chart of the current trading session only.

5. If a new low is formed on 5-Min chart but the high of this new-low forming bar is violated in the next bar, go against the trend and exit trade at any previous support/resistance level. Same method for new-high failure.
 
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