THIS WORKS ON ANY MARKET …ANY STOCKS …ANY TYPE OF FINANCIAL MARKET
FIRST STEP IS TAKE PREVIOUS DAYS DATA
OPEN
HIGH
LOW
CLOSE
SO FOR MONDAY WE TAKE FRIDAY DATA
I TAKE EXAMPLE OF NIFTY SPOT
FRIDAY’S DATA SPOT
OPEN 9968.80
HIGH 10027.70
LOW 9951.90
CLOSE 9998.05
NOW WE ADD ALL 4
(9968.80 + 10027.70 + 9951.90 + 9998.05) = 39946.45
THIS ABOVE WE DIVIDE BY 2
39946.45 / 2 = 19973.23
NOW WE CALCULATE BUY AND SELL BREAKOUT
BUY BREAKOUT = 19973.23 – LOW = 19973.23 – 9951.90 = 10021.33
SELL BREAKOUT = 19973.23 – HIGH = 19973.23 – 10027.70 = 9945.53
SO THIS IS HOW TIP GIVERS POST
BUY IF NIFTY SPOT CROSSES 10021.33 WITH STOPLOSS SPOT 9945.53
OR
SELL IF NIFTY SPOT BREAKS 9945.53 WITH STOPLOSS SPOT AT 10021.33
READ ABOVE 20 TIMES FOR CLARITY
THIS IS A UNIVERSAL FORMULA