The Final Method (U'll never lose ever again/Will recover all lost)

If short term trend is up,

BUY when rsi 14/30min

on 1 month chart

goes below 30.

wait for 2-4 days and see the magic.

book profit when rsi has exhausted in the overbought zone.

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If short term trend is down,

BUY when rsi 14/30min

on 1 month chart

goes below 20 and exhausts.

wait for 2-4 days and see the magic.

book profit when rsi has exhausted in the overbought zone.

(if, during down trend u buy at rsi below 20 but without waiting for its exhaustion
book profit when rsi touches 60

because it is expected that price will fall after this brief relief rally, for rsi to exhaust.)

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Never short!

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Bite the size you can chew!

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By "exhaust", I mean the rsi bangs its head quite a few times in the 30-0 or 70-100 rsi wall while the price is falling falling and falling or rising rising rising.

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A) go to website (http://www.google.com/finance?q=NSE:.NSEI)
for stock pl search stock in the column before "Get Quotes"

B) click on '1m' inside graph window

C) click on "technicals" below graph window.

D) Click on "add technical"

E) Select RSI (14/30min will appear automatically), Select period as 14

F) You are ready!