Hi friends Welcome To stock market live India. In today's video I am going to discuss on intraday trading strategies once you click here. Click on this bell icon to receive latest video updates about trading, but I have backtested on single stock that is SBI for the past. One year and I am going to show you how you can trade with one stock everyday https://oncasinogames.com/canada/sign-up-bonus/ .
So what is the analysis you need to do and what are the chart patterns you need to observe and what is the profit that you can gain from this simple intraday trading strategy? So if you need to trade intraday first thing is you need to do? Backtesting of that technique or strategy that you want to trade, then, after that, you need to check what is possibility that whether your capital can grow or you will make a loss of your chosen technique once you get the confidence, then I suggest that you to start With minimum of 100 quantity - and you need to be consistent in your trades and you need to have patience then in the second month you need to increase the number to 200 quantity in the third month, increase that to 300 numbers so like wise till 9th month. You are going to increase to 900 numbers, so once you cross the 9th month, you are going to trade, only 900 numbers then onwards. This is very specific, because the 900 quantity is sufficient to make you very good profit per month. If you are trading with 900 quantity or intraday, so this can give you monthly profit of, and also you can see how the capital of Rs.25000 that started in February 2017 now it has become almost 8 to 9 lakhs. So when I backtested this strategy, this was very much possible. So how can we trade intraday, so I will be showing you a technique to identify the trend of that particular stock. So when you see that trend of that stock is down, you have to take short position, and when you see that trend is changing with bullish, you need to take the long position in the intraday. So I will take you to explain you these things in my computer. Try with any other intraday trading strategies. I suggest that you watch this complete video and suppose you have any doubts then leave a comment in the below section. Also, I suggest you check my description box for more details about this info strategies and other relative products to help you make consistent profit in stock market. So now we are in the state bank of india, 15 minutes candlestick to explain this. I am using trading view and we have the 15 minute candle here. That is delayed data, so this is available. So when I told you that how to trade with the intraday, I will be using 15 minutes ORB. So here we can see that 16 of February 2018. This was the first candlestick for 16th of Feb 2018. So when prices started crashing when it tried to close below the 15 minute candlestick somewhere around 277.93, so then you can see that how it made low till 271 or say 270, but in the practical way we could have easily booked the profit till 270. So like wise, I will take you for the 15 of Feb 2018. So this is the 1st candlestick that we are able to to see that is green candlestick, so which is giving us bullish trend for the day. Anticipation of the bullish trend that we are able to see there so the very next candle it made a green and further it crossed the upper level of this wick 15 minutes candle, but could not sustain this levels like wise. We will check the other two days for the 14th of Feb 2018. We can see that this was the first 15 minutes candle and when the prices crossed the first 15 minute candle, so it made further low till 285.10 to almost 281, so this happens regularly and it will be easy to track for you suppose you are trading in One stock for intraday
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