Tuesday, May 22, 2007

Intraday Rules

Buy Oversold Stokcs, Sell Overbought Stocks.
If open very high about 5% from previous close, dont buy. (If there is no reason for increasing)
If open low or same as previous close and making new highs with volumes, Then Buy.
If open High and Making new lows with volumes, Then Sell.
If Open & High same, Then sell.
If Open & Low same, Then buy.
Buy only those stocks which are in news.

Above rules works in most of the cases (about 95%).
So keep in mind.
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