|August 25th, 2011, 02:03 AM||#1 (permalink)|
: Futures & Stocks
Posts: 31 since Jun 2011
Thanks: 12 given, 31 received
I have a friend who also trades actively in NSE stocks & F&Os.
He does a simple strategy.
Out of all the 50 stocks comprising Nifty, he buys the stock with -5% or more in a given day of say a value of 5000 rupees( Indian Currency).
Its seen the stock invariably jumps 2-3 % within next 2 days when he books the profit.
Funny but he makes regular money.