Price action strategy
Tested for 3 min, 5 min and 15 min only. Valid for NIFTY and BANKNIFTY only.
1. For 3 min & 5 min LB= 20.
2. For 15 min LB= 50.
Long and short trade can be executed on options also as mentioned below:-
Banknifty Long= (Strike-200) Put short monthly expiry. Exit when reverse signal and take reverse position.
Banknifty Short= (Strike+200) call short monthly expiry. Exit when reverse signal and take reverse position.
1. For 3 min & 5 min LB= 20.
2. For 15 min LB= 50.
Long and short trade can be executed on options also as mentioned below:-
Banknifty Long= (Strike-200) Put short monthly expiry. Exit when reverse signal and take reverse position.
Banknifty Short= (Strike+200) call short monthly expiry. Exit when reverse signal and take reverse position.