Ninja Intraday Scalping in Bank Nifty (pull back method), 465 points gain. Please do drop your comments if you have any questions on this Ninja Technique.. Thanks
Indicators/tools used for this strategy : Stoch , MACD , RSI and Bollinger bands 20 and 100 length.
Whenever we see confluence in all these tools we take entry with minimal stop loss. Its like when upper BB 20 crosses 100 and tries to reverse back and if we see Stoch , MACD , RSI too reversed from top or from bottom an entry can be taken. Other end of the band will be the target or middle band would be the target basing on the risk reward.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Sir, how do you suggest taking a trade on this technique? Please help us with a couple of your trade examples
AdhigamaTrading
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@visibleTacos58958, this strategy works for index futures and not on options .. if this is the answer you are looking for ? even if one trade out of 4 trades mentioned in the video is captured.... around 50 to 100 points can be gained... patience is the key..
visibleTacos58958
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@AdhigamaTrading, Thanks Sir, I am playing with small margin so thinking of a possibility to trade this with option buying. Any suggestions?
AdhigamaTrading
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@visibleTacos58958, am sorry but this wont work for options as we need additional parameters/details for that.