Download as txt, pdf, or txt
Download as txt, pdf, or txt
You are on page 1of 1

ittle tips on intraday trading choose a share for intraday and apply this formula H+L+C=A (where H= Previous

day high, L=Previous day low, C=Previous day close, A = sum. of H L &C) A*0.67=Z (0.67 is a constant fraction and Z=Result) Z- H = S (S = Support for that day) Z- L = R (R = Resistence for that day) Z- C = P.B (P.B = Possible Buy) If P.B is found nearer to R sale it for intraday This is called FRACTION THEORY and every one can get support resistence for nift y /sensex by this method. try this theory and it is very effective .

You might also like