Hi,
I have came across this link :
http://www.youtube.com/watch?v=vHvOVDBEmZsHope this will work out in Intraday and we can aim for handsome profit..
My Observation For NSE Stocks:1. Take 20 SMA & Bollinger Band 20 reading
2. Consider 2 days High / Low
3. Use Hourly Charts
On 3rd day, on break of 2 days High/Low within Bandwidth, enter your position (Long / Short) with SL of 20 SMA; I have checked with few of NSE Stocks..
Investors can check this and apply for positional trade, this is very simple and useful strategy according to me