It is a good momentum 'trade plan' indeed.I know radhika since she was on PFU.
In intraday you have to see every tick and use your SL as soon as it is hit,
ASK ARYAN.
Hi jatayoo... right frm the day i'm using this method to till this day.... i never used Intraday day data or levels for this......
wht i do is...... i note down those stcks in my notebook and do eye balling.
then on plain sheet of paper i write down the important levels( frm EoD chrts)... then cmes "Trading Plan".....
in the morning I priortise the list and Save the list on my terminal.
6 out of 10 times i trade the opening Bell..... and donot keep stp loss till 11 in the morning..
As i already have the tgts written once if stck hit the tgt I delete it frm the Terminal list.
during all this i mentain strict discipline.....keep my roon closed.
In this way i avoid Greed ... over trading etc.
one more disclosure ... i don't have any real time data feed connection.....
frm some time i also testing this for Scalping..... Nagarjuna Fert is my Fav. for this.
regards
chintan