Get Sure Shot Intraday Stock Tips Using Amibroker

Sure Shot Intraday Stock Tips

Amibroker is a very powerful charting platform and you can generate sure shot intraday stock tips using this piece of software using some very simple scans and explorations.

So, you have the same question that millions are looking for. How to make profits in intraday trading? I have also searched for the answer for a long long time and finally, we found a foolproof method where we can securely answer the question of my clients, how to make profits in intraday trading. We call it the 2% method, a trading technique implementing which you can earn 2% profits every day. It’s like a Holy Grail of Trading.

You can achieve almost 80% accuracy in your trading just by following simple methods. here in this post, I will show you a live example. I will show you an example of 18th December 2012 where our subscribers have minted money short selling a stock.

Rule of thumbs to generate sure shot intraday stock tips with Amibroker

  • Identify a weak stock using a simple scan.
  • The next morning wait for the stock to rally higher than by at least 1.5%-2.0% of the previous close.
  • Short sell the stock.
  • Keep a 1% stop loss.
  • Book profit if stock comes down to the previous close.

If you do now know about my 2% method of identifying sure shot intraday stock tips please watch the video below.

Now on 17th December 2014 night we spotted a stock Strides Pharma Science Ltd (NSE: STAR), that has broken the trough with a high KRA of 48 and closed at 874.

Trend Blaster Zoom Scan

So, we kept STAR cash, future and options all on our screen. The next morning STAR opened up, gapped up, close to 900. So that is the ideal time to short it.

Sure Shot Intraday Stock Tips

So we shorted STAR around 900 with 1% SL, i.e. 909 and booked profit at the previous close level of 974. We got 26 points profit per lot, i.e Rs. 13000 per lot. It is a simple implementation of my 2% method to find sure shot intraday stock tips.

Prerequisites to generate sure shot intraday stock tips

  • A good charting software like Amibroker.
  • A good breakout or breakdown scanner in Amibroker like T3B Trading System or Amibroker Holy Grail.
  • Also a good end of day (EOD) database in Amibroker.

Buy rules

  • Scan with the end of day data after 7 PM
  • Find potential breakout buy scrips
  • Sort with KRA
  • For buy only consider scrips with low and rising KRA
  • KRA close to -10 is ideal but not necessary
  • Suppose you got 4 scrips as BUY in this method
  • Next morning only keep these 5 scrips in your terminal
  • Watch for any weakness in them intraday basis (before 1 PM)
  • If you get 2% weakness in any of them BUY with 1% stop loss
  • Target will be last day’s close, i.e 2% from your BUY level.
  • Achieve 80% accuracy in trading 🙂

Short sell rules

  • Scan with the end of day data after 7 PM
  • Find potential breakdown short sell scrips
  • Sort with KRA
  • For short sell only consider scrips with high and falling KRA
  • KRA close to +10 is ideal but not necessary
  • Suppose you got 4 scrips as SHORT in this method
  • Next morning only keep these 5 scrips in your terminal
  • Watch for any rally in them intraday basis (before 1 PM)
  • If you get 2% rally in any of them SHORT SELL with 1% stop loss
  • Target last day’s close, i.e 2% from your SHORT level.
  • Achieve 80% accuracy in trading 🙂

So in this way you can find sure shot intraday stock tips using the AmiBroker software. If you have any queries on this subject do catch me up on the comments section below.

Author: Indrajit Mukherjee

Indrajit is a professional blogger and trading system developer. Amibroker expert, Wordpress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.

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