Rules of Intraday Trading:

1. Do not trade more than 2 positons at a time

2. SL to be kept atleast 0.5 ATR away

3. Risk Reward of 1:2 to be maintained minimum

4. Intra day trade should be sqaured off at or before 3.15 &not to be carried over. Its crime to carry intrday loss

5. Best and easiest way is to go long when Nifty is up & stock is atleast 2% up. & go short when Nifty is down & stock is atleast 2% down. Preference to be given to stocks which have broken 4 day high or Low for long / short trade.

6. Best time is 9:30 to 10:30 and 1:30 to 2:45

7. Trend should kept in mind & no trade against the trend to be done. Just avoid guessing do what screen show

8. For contra trade after the news bad or good , buy when stocks falls rapidly, makes low and is now trading above the mid point of (previous day close - today& #39;s low)

9. For contra trade, sell when stock rises quickly after news or event, makes high and now is trading below the mid point of (Today& #39;s high - Previous day close)

10. Segregate positional trading from intraday trading by trading in a separate account. DONT MIX POSITION N INTRADAY