Published: April 16, 2019
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#OpenDrive #intradaySetup Sharing one high probability trending setup for intraday. Few conditions needs to be met 1. Opening should be above/below previous day high/low for buy/sell setup. 2. Open=low (for buy) Open=high (for sell) (1/n)
How to implement? 1. Let first 15 minutes candle give close. 2. Buy above 15 minutes candle high / sell below 15 minutes candle low. 3. Stoploss should be 0.3-0.4 below support (for buy)/above resistance (for sell) 4. Exit as per Pivot points (trail stops after R2/S2). (2/n)
PERFECT EXAMPLE BELOW ICICIBANK 16-4-2019
Another example NIFTY FUT 16-4-2019
