Trading NR7 setup

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devangan123

Well-Known Member
Like yest, today was also a red day......NR strategy not so kool :(
You can't trade all stocks blindly just because of NR, you have to select best out of them.

Creator of keystocks-lite wordings "We have to select stocks which were in some good trend, and they have taken some pause in last 1-2 days. Now they should continue their trend or may reverse original trend "

My picks for today's trading based on NR21

Auro Pharma

Bharti Airtel

ONGC

Yes Bank

Alumini (mcx)

Breakout / breakdown happens only after first 5 min of opening should be traded .:thumb:
 

Cubt

Algo Trader
Hi Cubt, How to select the stocks for this 200 MA strtgy?
Go to buzzing stocks . com and search for stocks which recently crossed and trading above 200 Day Simple Moving Average.

this works well with trending stocks. However am not using this method. I just did some random testing in excel and found it gives great returns!

Unless and until am satisfied with % of consistent loss, i will not trade that setup. with this method, am yet to find max draw down, so i have not yet started trading this setup
 
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