A Swing Trading Strategy That Works Like Magic | 2022 | CA Rachana Ranade

"we had discussed on 7th October about Bank of Baroda when we had said that if it sustains above 131, it shows bullishness and see it made a high of 151 and almost 16 percent upside"

"It is RR super trending strategy okay"

"two major indicators we're going to use here? which two measure indicators one is a Super Trend indicator so this is a trend following indicator and second one we are going to use is a Pivot Point and pivot point is nothing but one of the leading indicators."

"Ideally if the price of the stock is in green, the super trend it has crossed to the super trend and it goes above R,1"

"wherein price is already in green in the super trend plus it has gone above the Pivot Point at least that could be the second possibility right."

"ideally from here if if our if our entry points are met then target should be a 10 percent profit"

"and of course the 1:2 risk reward ratio your stop loss should be at five percent from your entry point."

"Time frame for this will be of daily time frame."

"we try to back test this strategy and the back testing was done majorly on Nifty stocks only so whenever we are using this strategy for our own trading purposes also we use this only typically for Nifty stocks because the accuracy rate is a shared higher in Nifty stocks for this right"

"these strategies work better in trending markets rather than in sideways market"