Simple 3-34 Technique to buy and sell

INTRADAY playing on options was not n easy task for for me as earlier i used almost all indicators but none seem to achieve and fetch the real profit expect the below one about to mention , not 100 % atleast i come out in profit/No loss -no gain

Earlier the profit made was been eaten by the Sharekhan brokerage with 80 rs one side brokerage , and now thanks to RK Global i am trading with ease

The 3-34 technique is as explained below Assume market is at 5000

I open 2 charts CALL NIFTY 5000 and PUT NIFTY 5000 ,
apply the SMA 3 and 34 indicators

1) Buy condition
Buy NIFTY CALL , when CALL Chart the 3 SMA crosses above 34 SMA .
Condition : PUT CHART 3 croses 34sma in downwards

STOP LOSS : 2-5 rs on the buy price , based on ur RISK
STOP Profit : In any of the chart 3-34 Cross happens

2) Same applies to BUY PUT as mentioned in point 1 with vice versa chart

3) NO Game to be Played : when both the chart indicates downwards i.e 3 is below 34 .This is coz CALL/PUT Writing is happening

Since i am just in testing mode ..would like your help in impriving this method and the flaws it has so that this method can be improved and make an profitable day everyday

Disadvantages i found still now are
1) Judging the direction at cross over seem to be little bit tricky and we have too be fast in placing order if reversals happens

Advantage :
I buy at the least price which i am happy with and never hits my stoploss , but sometime hook up in Selling price bcoz of the greed

Thanks
GJ

How do you get RT "option" charts???? I mean which service do you use to get the Option charts!!

i use sharekhan tradetiger for live tick chart

Thanks for the info!!! Does it give RT charts for Options too!!!???

Yes , it gives RT data to options as well ..
Its not just tradetiger , i believe any terminal with any broker would provide live data