Discussion about Renko : (from Varun's thread)

Seems to me that it would ask for a very wide stoploss. It has too much momentum these days.
ADANIENT is very potential candidate for day trading as the trading range is great compared to price, giving lot of opportunities to book profits. View attachment 23834
 

doss186

Well-Known Member
No need to worry about stoploss, we need to look for scrips having good trading ranges compared to price. For example in MCX NaturalGas is giving a trading range of more than 6 points in a day compared to the close price of 200 average. Trading range what gives the profit in day trading.
 

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