Introducing a new style of trading with Tick Data based Charts for positional trading. I generally prefer 500tick Charts for executing positional strategies. Here we are using the Supertrend Strategy for positional trading. Currently 500tick charts with supertrend indicator is in buy mode with a trailing stoploss at 5654 which provides low risk trading opportunity
Nifty future March Contract CMP : 5668
Trailing Stop loss as per Supertrend : 5654
Strategy to Execute : Go long in Nifty and Reverse your position to Shorts if the Trailing stoploss hits on the 500tick charts.