Simple Price Action + Bollinger Band Strategy Buy Setup -------- - Price closes below Bollinger Band - Last candle closes in green, confirming bulls have returned - Buy trade is taken Short Setup -------- - Price closes above Bollinger Band - Last candle closes in red , confirming bears have returned - Short trade is taken Strategy open for suggestions and updation
BANKNIFTY HIGH ACCURACY SIGNAL STRATEGY A STRATEGY that was built using the Market Internals, Money Flow analytics and Summation Index Used to trade BankNifty Buy Signal - Go ahead and buy BankNifty Sell Signal - Go ahead and Sell BankNifty Profit 70 Point Signal system Back tested for 1 year and a success of 75% with 23% annual return on the investment
The BankNifty signal system is developed based on the Market Internals which ultimately drills down to its underlying stocks and their free float market capitalization. Based on the free float market capitalization of the underlying stocks their weightage is been decided in BankNifty. So a Signal system is composed which takes the key Market Internal factors...