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Intraday effective setup

Date : 02 Mar 2022 (Back testing result). Very effecting intraday trading setup in #BankNifty. To trade such type, you need to be very quick in punching orders and positions sizing. Remember Money Management is the key to success of any kind of trading setup. Risk to Reward to below chart used was 1:1.5 (means for every 1 Rs risk there is reward of 1.5 Rs)


All 3 trades hit targets





There is no need to define any setup. chart itself discloses the setup


Banknifty 1 min time frame chart

Hope you liked this day setup to trade on 1 min time frame.


regards,


Ridemultibagger


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