Open High low trading strategy is one of the most accurate and easy Intraday trading strategy for beginners.If you want learn how to select stocks for intraday , you can use Open high low scanner to find stocks where open=high or open = low after 15 minutes of markets. We go long in stocks where open=low and Sell stocks where open=high.
Using above screener , we can start selecting stocks for intraday .
How to use Open High Low strategy
1>Wait for 9.30 for starting trading
2> Check if Nifty is positive or Nifty is negative . Basically you need to identify how most stocks are doing
3> If Open = HIGH at 9.30Am , buy stocks .
4>If Open= Low , sell stocks.
Additionally , you can visit NSE INDIA website for checking of Nifty is positive or negative