Ya intraday strategy works only when you know some candle patterns, small false movements will vanish whole strategy .
Here I explain my own strategy for stock Intraday trading,
Pick top Gainers List 5 every evening ,
Mainly from Nifty 200
Put that in watchlist
Next day when market opens sharp at 9.15 check any full gap up or gap down open .
Meaning open value must be above previous day candle high or below previous day low value
Ex:-
Wait for 15 min candle ,consider 15 min candle as range .
And set time 3 min When candle crosses high and close above high , Go Buy trade. Vice versa for sell trade.
Target - wait till 3 o clk or any good movement pick
Stop loss - low price of first 15 min candle
Whatever the strategy , paper trade for 60 days , if you are comfortable atleast 80% working and take that strategy. 📌
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