This is a very popular Intraday Open High Low Strategy with pretty good Accuracy. In this strategy, Buy signal is generated when a Stock or Index has same value for Open and Low, while Sell signal is generated when it has same value for Open and High. See the below table for Live Buy/Sell signals. The values would be updated every time you refresh the page. Read more about the same strategy with downloadable Excel sheet here
Strategy Overview
| Paramter | Value |
| Preferred Timeframe | Intraday 5 minutes |
| Indicators Used | None |
| Buy Condition | Open=Low for the current day. Buy after half an hour of market open |
| Sell Condition | Open=High for the current day. Sell after half an hour of market open |
| Stop Loss | Indicated in above table |
| Targets | As per one’s risk appetite or End of the day |
How to trade on this Strategy
Step 1: Refresh this page to fetch live data for all F&O stocks with Buy/Sell signals
Step 2: After half an hour of market open time, check for Buy/Sell signals. Place your order above/below ‘Price’ column in the table. You can select your preferred Stock/Index from the list.
Step 3: Place stop loss as indicated in the table.
Step 4: Book profit/loss based on your risk appetite and make sure that your entire position is squared off at the end of the day. This is an Intraday only strategy.
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