Hello,
This strategy works well if i follow the Stop Loss and Target strictly. Last week i lost Rs.5500 in a single day.
Bought Hcc and achieved 0.05 paise target, but instead of booking profit, i hold on to the trade and the market went against my position. lost my money since i dint set any Stop Loss
But am 100% damn sure that this strategy has good probability of success. but it all depends on the stock you buy. dont choose high volumes of share. bcoz it can have any side of movement at any time. choose a stock with reasonable volume. Choose a stock which should trade either in Up ward or Downward direction. (you can determine this direction of stock by 11.30am)