Category Archives: Zerodha

Open High Low Same Trading Strategy For Indian Stock Market

Open High Low Same

The open high low same strategy is quite popular among Indian stock traders. In fact I am watching this strategy for 6-7 years now and this is a really easy to follow strategy for even novice traders. This strategy works well in all liquid scrips but I suggest you to follow only Nifty 50 stocks with this strategy.

Advantage Of Open High Low Same Trading Strategy:

  • Easy to use
  • No need of prolonged analysis
  • Just follow the market for few minutes and you get the scrips for the day

How to find a BUY scrip with open high low same strategy?

  1. Collect opening rates for Nifty-50 stocks
  2. Find the scrips with open = low and they are your your BUY scrips
  3. Enter the trade after 15-30 minutes of trade if the opening low is not breached
  4. Keep a stop few ticks below the opening low
  5. Keep a 1.5% to 2% profit target intraday basis
  6. Do not carry forward the trade overnight

How to find a SHORT SELL scrip with open high low same strategy?

  1. Collect opening rates for Nifty-50 stocks
  2. Find the scrips with open = high and they are your your SHORT SELL scrips
  3. Enter the trade after 15-30 minutes of trade if the opening high is not breached
  4. Keep a stop few ticks above the opening high
  5. Keep a 1.5% to 2% profit target intraday basis
  6. Do not carry forward the trade overnight

You can also

2 Ways To Minimize Whipsaw Using Nifty Renko Charts

Renko Charts For Nifty

Whipsaw is a term traders are always familier with. What is whipsaw? It is a volatile situation of the market when you are trapped on the wrong front. You sold and the market moved up and you bought and the market moved down. So, worldwide traders are trying to minimize whipsaws and create a nearly fool proof system. Do you know you can minimize whipsaws in Nifty trading using Nifty Renko Charts?

Renko candles are not normal price candles. In fact in renko charts new candles are not formed with

Make Big Profit On Budget Day 2017 Using Line Break Chart Strategy

Budget Day Trading Strategy For 2017

The Union Budget 2017 is scheduled on 1st of February 2017. In general budget days are typically volatile where sharp up and down moves take place in the market throughout the day. So novice traders lose money trying to trade that volatile market. Now how to survive these kind of markets and pull out big profits using simple tricks? In this post I shall discuss my simple line break chart strategy to survive the budget day trading.

In my previous post I have already discussed <a href="http://www.stockmaniacs.net/use-three-line-break-chart-download-tlb-amibroker-afl

How To Start Auto Trading In Zerodha Pi?

Auto Trading In Zerodha Pi

Few clients asks me how to start auto trading in Zerodha Pi platform. For them I have prepared this post where you can get in-depth idea on how you can start auto trading or algo trading in Zerodha Pi platform.

Case 1: Auto Trading in Zerodha Pi – Directly writing expert advisor code on Pi platform 1) Open Zerodha expert advisors page by clicking here.<br

Zerodha Vs Sharekhan – Whom Should You Choose?

Zerodha Vs Sharekhan, I receive this question many a times. In fact Sharekhan is a broker who is their for more than a decade. Even I have my account in Sharekhan since 2003. In fact it is Sharekhan who has brought the technology to the traders of India. Remember the good old days of Trade Tiger when it was the only technologically advanced platform.

But now Zerodha has taken over Sharekhan in 2 ways. Number one is brokerage. You can save a lot in brokerage switching to Zerodha from Sharekhan