As promised stock trading setup for Intraday is here as per my little knowledge and will come with more different ideas in future ..tagging some good handles so more people can benifit from it @ArjunB9591 @AnandableAnand @ManekAgicha @bhatiamanu @bankniftydoctor
1/n

Let's get started...here idea is to share a setup for people who are trading randomly like bought this bought that and made loss ..instead it is always a good idea to have system so atlst you can manage your risk trade well ..so let's start with required thing in trading 2/n

To trade stocks ,say intraday or positional you need three things:
1 ) direction
2 ) momentum
3 ) location
To make it rule based system we will use some tools too..
Indicators here we gonna used here are my favorite MACD and second one is RSI. 3/n

Our first requirement to trade is direction ..we will decide the direction by looking at MACD ..i have lot to say about MACD ..we will talk about MACD after but let me clear one thing about this macd is most people look at macd is 4/n

If crossover is positive then trend is bullish and crossover is negative side then trend is bearish ..this totally wrong perception.let me tell my way of looking at it .."AS LONG AS SIGNAL LINE AND MACD LINE ARE ABOVE ZERO LINE ,TREND IS BULLISH ". 5/n