Range BreakOut

The system signals to buy when price crosses above this value. SELL BELOW: The system signals to sell when price crosses below this value. TARGET LEVELS: Different profit booking targets based on your money management rules. It's advisable to book partial profit at each target level. STOPLOSS: Price level at which one should exit if trade goes in opposite direction. It seems highly profitable on liquid stocks and indices like Nifty, Banknifty, NiftyAuto, SBI, ITC etc. For these, the average trading volume is usually high compared to others. There are many different variations of this strategy on intraday timeframe.