Intraday Trading using PRB (Previous Range Breakout)

[sourabhg]

I am sharing here one of the very simple and traditional techniques for intraday trading.

It is based on a concept called as Previous Day Breakout.
The steps involved in this technique are as described below

1. Identify previous day's range. (i.e High - Low)
2. Identify Buy/Sell levels. (0.05% above or below High/Low)
3. Trade based on the breakout.

I have explained this in my youtube video in more detail

https://www.youtube.com/watch?v=CRK19Y6zBhg

 

[satyavrat]

I am sharing here one of the very simple and traditional techniques for intraday trading.

It is based on a concept called as Previous Day Breakout.
The steps involved in this technique are as described below

1. Identify previous day's range. (i.e High - Low)
2. Identify Buy/Sell levels. (0.05% above or below High/Low)
3. Trade based on the breakout.

I have explained this in my youtube video in more detail

sir ji how to select stock for prb any trick is there or just go with nifty 50 stocks ?