Nifty Intra Day Trading Strategy

Hi All,

I am sharing with you a Nifty Intra day trading strategy which many trader follows in Intra day,Before sharing this i will let you know that this is one of the million trading set up and has it own pros and cons.

Strategy

Go long in Nifty once
3 EMA> 13 EMA>34 EMA SL should be below 34 EMA

Go Short in Nifty once
3 EMA< 13 EMA<34 EMA SL should be above 34 EMA

And RSI if it is above 80 and unable to make new High once can again short and vice versa for taking Long ie.RSI below 20 but this one is bit risky.

It is better to take confirmation from EMA's and RSI to make a trade that has high Reward.


Regards,
Bramesh