"4 TO 8 SEP. 2017 WEEKLY INTRADAY PERFORMANCE REPORT"

"4 TO 8 SEP. 2017 WEEKLY INTRADAY PERFORMANCE REPORT"

·         ALL TRADES ARE TAKEN WITH THE CAPITAL OF RS. 1 LAC ONLY.

·         ALL TRADES BOOKED AT TRGT1 WITHOUT CONSIDERING TRGT2.

MOBILE VIEWERS FOR BETTER VIEWING EXPERIENCE USE DESKTOP MODE.

#mymarkettips 08/09/2017 INTRADAY CALL NMDC STATUS TRGT1 & TRGT2 HIT....

#mymarkettips 08/09/2017 INTRADAY CALL NMDC STATUS TRGT1 & TRGT2 HIT....

#mymarkettips 08/09/2017 INTRADAY CALL NMDC STATUS TRGT1 HIT.....

#mymarkettips 08/09/2017 INTRADAY CALL NMDC STATUS TRGT1 HIT.....

#mymarkettips 08/09/2017 INTRADAY CALL SELL NMDC 137/- SL 138.20/- TRGT1 135.80/- TRGT2 134.55/-

#mymarkettips 08/09/2017 INTRADAY CALL SELL NMDC 137/- SL 138.20/- TRGT1 135.80/- TRGT2 134.55/-

"SECRET TO USE RSI IN INTRADAY TRADING" (Part II)

In my previous article discussed basic about RSI and its use from INTRADAY POINT. Once again I insist that for the effective result from any indicator can only be achieved when that indicator used in right time frame. Here we are talking about only DAY TRADING so will illustrate from day trading point only. We checked RSI@70 levels now will discuss RSI@ 30 levels.

Above chart is of NTPC dated 07/09/2017 in 5 min time frame. In chart, we have plotted only RSI indicator. Green Line in above chart is RSI and Red Line is RSI average. Here technique is simple, find a script that has RSI lines (Green and Red) trading below the level of 30 for few candles. In above chart of NTPC RSI is trading below 30 level when Both GREEN Line (RSI) and RED line (RSI Average) crosses the level of 30 take Long entry @ 168.10/- with Stop Loss @ below days Low in our case 167.85 is low we can set Stop loss @ 167.70/-, Target can be set as per risk reward ratio.

Further, for Double confirmation of trade one can also use STOCHASTIC as additional filter take position. In our example of NTPC here below is the chart of STOCHASTIC in hourly time frame as explained in the article related to STOCHASTIC.

To be continued....

#mymarkettips 07/09/2017 INTRADAY CALL NMDC STATUS COST TO COST....ALMOST HIT TRGT1 BUT UNLUCKY MISSED...

#mymarkettips 07/09/2017 INTRADAY CALL NMDC STATUS COST TO COST....ALMOST HIT TRGT1 BUT UNLUCKY MISSED...

#mymarkettips 07/09/2017 INTRADAY CALL COAL INDIA STATUS TRGT1 HIT....

#mymarkettips 07/09/2017 INTRADAY CALL COAL INDIA STATUS TRGT1 HIT....