This is delayed post, went to place few orders, Sorry Guys ! Could have abandoned this post but as it got insync with My prev.post of BankNifty, I wanted to share that all methods work well in markets if used properly.
In last BankNifty post 10days before we have seen elliott waves and wave 5 pointing upwards. I initiated long from that time with stops below support zone. Now with Fed event off the list we are looking at great move upside. Just one point, whether its Trendlines,Elliott's,Double Bottom or Moving average , Everything works in trading. There is no best strategy, its how you use it, 1000 ways to make money in markets ! If you get chance on intraday enter long, I dont have much to say !