First we need to find a gap in the the stocks that comprise of the nifty 50 index. A gap is when the market opens away from the previous day's range.
We short sell the stock, this is an intraday trade that we initiate. We can start with a very small capital since it is in equity.
Hold the position till the end of the day or if stops are hit. Patience is what generates returns.
TA Scanner is a tool that can find these trading opportunities in real time, it ensures you trade with discipline. Subscribe now!