For intraday stock trading, the Momentum Indicator (MI) offers a good option of technical indicator to bet on trades. The MI indicator measures the rate of change in closing prices and is used to determine the trend weakness and reversal points. When there is a strong visible Up and Down trends, the Momentum Indicators will respectively show overbought and oversold levels. Keeping updated about the trends and also using Intraday Momentum Index, a trader goes into a long position in the uptrend market and short positions in the down-trend market in between price-bumps.
Call Put Tips provides intraday trading strategies effectively for day traders to get consistent profit in trading. It timely provides Intraday Cash/Option tips o get maximum benefit for traders.
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