How to make money intraday using 1 minute timeframe on Nifty .....
Post session analysis..... some of it given LIVE Here on bank nifty........
Watch the chart carefully...... if you want to make money .........
In all 17 lots trading was possible in Nifty on 16/02/2015...... intraday only......
Margin required was 2 lots margins..... and with MTM consideration.....
Roughly one needs a capital of Rs 50,000..... only........
Let use see the potential trades.......
Trade 1-2 Buy points taken 32 points....
Trade 2-3 Sell points taken 28 points.....
Trade 3-4 Buy points taken 26 points.....
Trade 4-6 Sell points taken 56 points....
Trade 5-7 Sell points taken 28 points....
Trade 6-8 Buy points taken 26 points.....
Trade 8-9 Sell points taken 24 points....
Trade 9-10 Buy points taken 12 points...
Trade 10-11 Sell points taken 12 points....
Trade 11-12 Buy points taken 22 points....
Trade 12-13 Sell points taken 12 points....
Trade 13-14 Buy points taken 18 points.....
Trade 14-16 Sell points taken 48 points....
Trade 15-17 Sell points taken 36 points.....
Total tally of points taken.....380 points.......
Index range from High to Low ...... 76.7 points......
Amazing,Unbelievable,Impossible.... after the fact.....
One of the common excuses found are stated above....
Let me be frank with you.....
If you try to reason in market for every move...
You will always fail..... Never try to find reasons.....
Go with the trend..... Follow it......
If you can find the trend ..... which is what this example is about.......
You won't find it in any text-book of analysis........
It's pure experience at work.......
Want to learn ..... JOIN US......
Happy Trading !!!
Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......
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