For trading in Intraday its takes more than luck , try some useful technique , here is one techiq that can help u , practice this before entering ...
This formula comes in handy :
A=H+L+C
(where H= Previous day high, L=Previous day low, C=Previous day close, A= Sum. of H L &C)
X = A*0.67 (0.67 is a constant fraction and X=Result)
S = X- H (S = Support for that day)
R = X- L (R = Resistence for that day)
PB = X- C (P.B = Possible Buy)
If P.B is found nearer to R sale it for intraday
This is called FRACTION THEORY and every one can get support resistence for nifty /sensex by this method.
try this theory and it is very effective .
*UNDERSTAND THIS AND TRADE , THIS TECHNIQUE IS TO BE USED UNDER TRADER RISK
