Monday, 1 February 2016

First and last 5minute trade

Stock  market opens at 9.15am.
Keep  an eye on last 3-5days move in nifty index.
Then keep  eye on sector and stocks. Buy top gainers of nifty/nifty midcap abv high and sell top losers at low.
Book fast in 3-5 minutes till 9.20am.
High volume with low margin is right approach  for this time.
But it can bé practiced with low  volume  first.
The same approach  is more suitable in 3.25-3.29pm time slot.
Intraday support  and resistance are very clear to see after full day's move.
This is good for equity cash first, then it can be applied for options as well.

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