OPEN HIGH LOW STRATEGY
IN DAY TRADING
This is a very popular Intraday Open High Low Strategy with pretty good Accuracy. In this strategy, Buy signal is generated when a Stock or Index has same value for Open and Low, while Sell signal is generated when it has same value for Open and High.
The open high low same strategy is quite popular among Indian stock traders. In fact, I am watching this strategy for 6-7 years now and this is really easy to follow strategy for even novice traders. This strategy works well in all liquid scrips but I suggest you follow only Nifty 50 stocks with this strategy.
when OPEN = LOW is same then BUY
when OPEN=HIGH is same then SELL
The scanner below is real time –
- Here BUY signal is generated when OPEN = LOW
- and SELL signal is generated when OPEN = HIGH