MAGIC NUMBERS

On based on stocks volatility I have developed Magic number for each stock, this numbers will work out exactly and applying is very easy.If you know to read candles that is very much enough to apply this magic numbers.

This works as follow:

Any stock's open 5mins candle's (9.05AM) difference (High - Low) If matches with Magic number, then you can expect break out either-side and trend will be multiples of the Magic Number

 

For example: 

• Magic number for KOTAKBANK for the day is - 5.64 (It will be published pre- market in blog)
• 9.05AM candle's HIGH /LOW - 494.90 / 489.25 ; the difference is 494.90-489.25 = 5.65 (Magic No 5.64)
• Now, its simple to trade: Buy above 494.90 SL 489.25 Tgt (494.90+5.65 = 500.65)
• Sell below 489.25 SL 494.90 Tgt1 (489.25 -5.65 = 483.60); Tgt2 (483.60 - 2.825 = 480.75)
• No magic it happened on 23rd Sep, Day's Low 481.25 & after broken 489.25 it never went up for 495; Check with yourself.
• It will give 90% success for Intraday.
• Simple but it's up to you to apply.
• Please note, not all stocks' 5 mins candles give breakout, only candles which match with Magic numbers will give result.
• You can apply magic number with 2mins candle or day's first Swing.
• Any doubt please mail me @ rajeshvravanappan@gmail.com

Magic number developed by my own analysis and it is not copied or adapted from any site or author