Time Frame :-  Best in 10 minute Chart.
Thanks to Rajandran R 
www.marketcalls.in

Code :-

function GetSecondNum()
{
    Time = Now( 4 );
    Seconds = int( Time % 100 );
    Minutes = int( Time / 100 % 100 );
    Hours = int( Time / 10000 % 100 );
    SecondNum = int( Hours * 60 * 60 + Minutes * 60 + Seconds );
    return SecondNum;
}

function PopupWindowEx( popupID, bodytext, captiontext, timeout, left, top )
{
    displayText = bodytext + captiontext;
    if ( ( StaticVarGetText( "prevPopup" + popupID ) != displayText) OR ( StaticVarGet( "prevPopupTime" + popupID ) < GetSecondNum() ) )
    {
        StaticVarSetText( "prevPopup" + popupID, displayText);
        StaticVarSet( "prevPopupTime" + popupID, GetSecondNum() + timeout );
        PopupWindow( bodytext, Captiontext + popupID, timeout, Left, top );
        PlaySound("c:\\windows\\media\\ding.wav");
    }
}

_SECTION_BEGIN("Lin Supertrend");

SetBarsRequired(100000,0);


GraphXSpace = 15;

SetChartOptions(0,chartShowArrows|chartShowDates);

SetChartBkColor(ParamColor("bkcolor",ColorRGB(0,0, 0)));

GfxSetBkMode(0);

GfxSetOverlayMode(1);

SetBarFillColor(IIf(C>O,ParamColor("Candle UP Color", colorGreen),IIf(C<=O,ParamColor("Candle Down Color", colorRed),colorLightGrey)));

Plot(C,"\nPrice",IIf(C>O,ParamColor("Wick UP Color", colorDarkGreen),IIf(C<=O,ParamColor("Wick Down Color", colorDarkRed),colorLightGrey)),64,0,0,0,0);



//SetTradeDelays(1,1,1,1);

SetOption( "InitialEquity", 250000 );
SetOption( "MinShares", 1 );
SetOption( "MinPosValue", 1 );


SetPositionSize(75,spsShares);



sig = 0;
bars =0;
tar1 =0;
tar2 = 0;
tar3=0;


_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));



Factor=Param("Factor",3,1,3,1);

Pd=Param("ATR Periods",10,1,100,1);


Up = LinearReg((H+L)*0.5,Pd) + Factor*ATR(Pd);
Dn = LinearReg((H+L)*0.5,Pd) - Factor*ATR(Pd);

iATR=ATR(Pd);

TrendUp=TrendDown=Null;

trend[0]=1;

changeOfTrend=0;

flag=flagh=0;



for (i = 1; i <BarCount-1; i++) {

      TrendUp[i] = Null;

      TrendDown[i] = Null;

   

      trend[i]=1;

 

     

      if (Close[i]>Up[i-1]) {

         trend[i]=1;

         if (trend[i-1] == -1) changeOfTrend = 1;

       

      }

      else if (Close[i]<Dn[i-1]) {

         trend[i]=-1;

         if (trend[i-1] == 1) changeOfTrend = 1;

      }

      else if (trend[i-1]==1) {

         trend[i]=1;

         changeOfTrend = 0;      

      }

      else if (trend[i-1]==-1) {

         trend[i]=-1;

         changeOfTrend = 0;

      }



      if (trend[i]<0 && trend[i-1]>0) {

         flag=1;

      }

      else {

         flag=0;

      }

     

      if (trend[i]>0 && trend[i-1]<0) {

         flagh=1;

      }

      else {

         flagh=0;

      }

     

      if (trend[i]>0 && Dn[i]<Dn[i-1]){

         Dn[i]=Dn[i-1];

}

     

      if (trend[i]<0 && Up[i]>Up[i-1])

        { Up[i]=Up[i-1];

}

     

      if (flag==1)

       {  Up[i]=(H[i]+L[i])/2+(Factor*iATR[i]);;

        }

      if (flagh==1)

        { Dn[i]=(H[i]+L[i])/2-(Factor*iATR[i]);;

         }

      if (trend[i]==1) {

         TrendUp[i]=Dn[i];

         if (changeOfTrend == 1) {

            TrendUp[i-1] = TrendDown[i-1];

            changeOfTrend = 0;

         }

      }

      else if (trend[i]==-1) {

         TrendDown[i]=Up[i];

         if (changeOfTrend == 1) {

            TrendDown[i-1] = TrendUp[i-1];

            changeOfTrend = 0;

         }

      }

   }



Plot(TrendUp,"Trend",colorGreen);

Plot(TrendDown,"Down",colorRed);

Length =200;

Buy = trend==1 AND C>EMA(C,Length);
Sell=trend==-1 ;

Short=trend==-1  AND C<EMA(C,Length);
Cover=trend==1;

Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);

Short=ExRem(Short,Cover);
Cover=ExRem(Cover,Short);

Long=Flip(Buy,Sell);
Shrt=Flip(Short,Cover);
Relax = NOT Long AND NOT Buy AND NOT shrt AND NOT Sell AND NOT Sell AND NOT Cover;

BarsSincebuy = BarsSince( Buy );
BarsSinceshort = BarsSince( Short );
LastSignal = IIf( BarsSincebuy < BarsSinceshort, 1, -1 );

BuyPrice=ValueWhen(Buy,C);
SellPrice=ValueWhen(Sell,C);
ShortPrice=ValueWhen(Short,C);
CoverPrice=ValueWhen(Cover,C);

Title = EncodeColor(colorWhite)+ "Super Trend AFL code from www.marketcalls.in" + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +

 "  - " + Date() +" - "+"\n" +EncodeColor(colorRed) +"Op-"+O+"  "+"Hi-"+H+"  "+"Lo-"+L+"  "+

"Cl-"+C+"  "+ "Vol= "+ WriteVal(V)+"\n"+

EncodeColor(colorLime)+

WriteIf (Buy , " GO LONG / Reverse Signal at "+C+"  ","")+

WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+"  ","")+"\n"+EncodeColor(colorYellow)+

WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+

WriteIf(Buy  , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","");



PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                    
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                    
PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);

PlotShapes(IIf(Sell, shapeStar, shapeNone),colorGold, 0, L, Offset=-15);
PlotShapes(IIf(Cover, shapeStar, shapeNone),colorGold, 0,L, Offset=-15);

duration = 10000000;

LastClose= Ref(C,-1);  // if you like to add this popup will show you

if (Buy[BarCount-2]==True)  
{
PopupWindowEx( "ID:1", "Get Ready to BUY  \n"+Name() + "  "+ Interval(2)+" :  "+ " Last ="+LastClose  , "Buy Alert -", 1000, 100, 1 ) ;
}
if (Short[BarCount-2]==True)
{
PopupWindowEx( "ID:2", "Get Ready to SHORT  \n"+Name() + "  "+ Interval(2) + "  :  "+ " Last ="+LastClose , "Short   Alert ", 1000, 1, 150 ) ;
}





TrendSL=IIf(trend==1,TrendUp,TrendDown);

sig=0;


for(i=BarCount-1;i>1;i--)

{

if(Buy[i] == 1)

{

entry = C[i];

sig = 1;

sl = TrendSL[i];

tar1 = entry + (entry * .0050);

tar2 = entry + (entry * .0092);

tar3 = entry + (entry * .0179);



bars = i;

i = 0;

}

if(Short[i] == 1)

{

sig = -1;

entry = C[i];

sl = TrendSL[i];

tar1 = entry - (entry * .0050);

tar2 = entry - (entry * .0112);

tar3 = entry - (entry * .0212);





bars = i;

i = 0;

}

}

Offset = 20;

SellSL=ValueWhen(Short,Ref(TrendSL,-1),1);
BuySL=ValueWhen(Buy,Ref(TrendSL,-1),1);



Clr = IIf(sig ==1, colorLime, colorRed);

ssl = IIf(bars == BarCount-1, TrendSL[BarCount-1], Ref(TrendSL, -1));

sl = ssl[BarCount-1];





Plot(LineArray(bars-Offset, tar1, BarCount, tar1,1), "", Clr, styleLine|styleDots, Null, Null, Offset);

Plot(LineArray(bars-Offset, tar2, BarCount, tar2,1), "", Clr, styleLine|styleDots, Null, Null, Offset);

Plot(LineArray(bars-Offset, tar3, BarCount, tar3,1), "", Clr, styleLine|styleDots, Null, Null, Offset);






buyach1 = IIf((Buy OR Long AND NOT Relax AND NOT Cover AND NOT Short AND NOT Shrt), H > tar1, 0);
buyach2 = IIf((Buy OR Long AND NOT Relax AND NOT Cover AND NOT Short AND NOT Shrt), H > tar2, 0);
buyach3 = IIf((Buy OR Long AND NOT Relax AND NOT Cover AND NOT Short AND NOT Shrt), H > tar3, 0);

sellach1 = IIf((Short OR Shrt AND NOT Relax AND NOT Sell AND NOT Buy AND NOT Long), L < tar1, 0);
sellach2 = IIf((Short OR Shrt AND NOT Relax AND NOT Sell AND NOT Buy AND NOT Long), L < tar2, 0);
sellach3 = IIf((Short OR Shrt AND NOT Relax AND NOT Sell AND NOT Buy AND NOT Long), L < tar3, 0);


// Message Board -----------------
GfxSelectFont( "Tahoma", 13, 100 );

GfxSetBkMode( 1 );

GfxSetTextColor
( colorWhite );

if ( SelectedValue( LastSignal ) == 1 )
    {
        GfxSelectSolidBrush( colorDarkGreen );
    }
    else
    {
        GfxSelectSolidBrush( colorRed );
        }


pxHeight = Status( "pxchartheight" ) ;

xx = Status( "pxchartwidth");

Left = 1100;

width = 310;

x = 5;

x2 = 290;

y = pxHeight;

GfxSelectPen
( colorLightBlue, 1); // border color

GfxRoundRect
( x, y - 155, x2, y , 7, 7 ) ;


GfxTextOut( ( "Marketcalls - Supertrend V4.0"),13,y-130);

GfxTextOut
( ("" + WriteIf(Buy, "Go Long At "+C+" - SL " +Ref(TrendSL,-1),"")), 13, y-105);

GfxTextOut
( ("" + WriteIf (Short, "Go Short At "+C+" - SL " +Ref(TrendSL,-1),"")), 13, y-105);


GfxTextOut
( ("" + WriteIf (Sell AND NOT Short, "Exit Long At "+C,"")), 13, y-115);

GfxTextOut
( ("" + WriteIf (Cover AND NOT Buy, "Exit Short At "+C,"")), 13, y-115);


GfxTextOut
( ("" + WriteIf (Long AND NOT Buy, "Long At "+(BuyPrice)+" - TSL " + Ref(TrendSL,-1)+ "","")), 13, y-105);

GfxTextOut
( ("" + WriteIf (shrt AND NOT Short, "Short At "+(ShortPrice)+" - TSL " + Ref(TrendSL,-1)+ "","")), 13, y-105);

GfxTextOut
( ("" + WriteIf (Relax, "No Trade Zone - Wait","")), 13, y-105);

GfxTextOut
( ("" + WriteIf (Long AND NOT Buy, "Current P/L: "+(C-BuyPrice)+" Points","")), 13, y-85);

GfxTextOut
( ("" + WriteIf (shrt AND NOT Short, "Current P/L: "+(ShortPrice-C)+" Points","")), 13, y-85);

GfxTextOut
( ("" + WriteIf (Long OR Buy OR Shrt OR Short, "Target 1: "+tar1,"")), 13, y-65);

GfxTextOut
( ("" + WriteIf (Long OR Buy OR Shrt OR Short, "Target 2: "+tar2,"")), 13, y-45);

GfxTextOut
( ("" + WriteIf (Long OR Buy OR Shrt OR Short, "Target 3: "+tar3,"")), 13, y-25);

GfxTextOut
( ("" + WriteIf (buyach1, "Target 1: "+tar1+" :: Achiecheved","")), 13, y-65);

GfxTextOut
( ("" + WriteIf (sellach1, "Target 1: "+tar1+" :: Achiecheved","")), 13, y-65);

GfxTextOut
( ("" + WriteIf (buyach2, "Target 2: "+tar2+" :: Achiecheved","")), 13, y-45);

GfxTextOut
( ("" + WriteIf (sellach2, "Target 2: "+tar2+" :: Achiecheved","")), 13, y-45);

GfxTextOut
( ("" + WriteIf (buyach3, "Target 3: "+tar3+" :: Achiecheved","")), 13, y-25);

GfxTextOut
( ("" + WriteIf (sellach3, "Target 3: "+tar3+" :: Achiecheved","")), 13, y-25);



Filter=Buy OR Short;
AddColumn( IIf( Buy, 66 , 83 ), "Signal", formatChar, colorDefault, IIf( Buy , colorGreen, colorRed ) );
AddColumn(Close,"Entry Price",1.4, colorDefault, IIf( Buy , colorGreen, colorRed ));
AddColumn(Ref(TrendSL,-1),"Stop Loss",1.4, colorDefault, IIf( Buy , colorGreen, colorRed ));
AddColumn(tar1,"Target 1",1.4, colorDefault, IIf( Buy , colorGreen, colorRed ));
AddColumn(tar2,"Target 2",1.4, colorDefault, IIf( Buy , colorGreen, colorRed ));
AddColumn(tar3,"Target 3",1.4, colorDefault, IIf( Buy , colorGreen, colorRed ));
AddColumn(Volume,"Volume",1.0, colorDefault, IIf ((Volume > 1.25 * EMA( Volume, 34 )),colorBlue,colorYellow));


// Calculate Equity Curve

eq = Equity( 1, 0 );

//////////////////////////////////////////////////
// Calculate the Last Five Trades Profit/Losses //
//////////////////////////////////////////////////

tradesback = 5;
Signum = Cum( Buy ) + Cum( Short );
Signumstart1 = LastValue( SigNum ) - ( tradesback - 1 );
Signumstart2 = LastValue( SigNum ) - ( tradesback - 2 );
Signumstart3 = LastValue( SigNum ) - ( tradesback - 3 );
Signumstart4 = LastValue( SigNum ) - ( tradesback - 4 );
Signumstart5 = LastValue( SigNum ) - ( tradesback - 5 );

bi = BarIndex();
bistart = ValueWhen( signum == signumstart1, bi );
bicond = bi >= bistart AND bi <= LastValue( bi );


SellPL = IIf( Sell AND bicond, C-BuyPrice, 0 );
CovPL = IIf( Cover AND bicond, ShortPrice - C,0 );

cumPL = SellPL + CovPL;

//Plot (SellPL,"Sell",colorGreen,styleHistogram,maskhistogram);
///Plot (CovPL,"Cover", colorRed,styleHistogram,maskhistogram);

lsince = LowestSince(Sell OR Cover, cumPL, 0);
hsince = HighestSince(Sell OR Cover, CumPL, 0);


vs= IIf(lsince==0,hsince,lsince);


PL1 = ValueWhen( signum == signumstart1 , vs,1 );
PL2 = ValueWhen( signum == signumstart2 , vs,1 );
PL3 = ValueWhen( signum == signumstart3 , vs,1 );
PL4 = ValueWhen( signum == signumstart4 , vs,1 );
PL5 = ValueWhen( signum == signumstart5,  vs ,1 );

//////////////////////////////////////////////////
//   Plot the Last Five Trades Profit/Losses    //
//////////////////////////////////////////////////


Title = EncodeColor(colorWhite)+ "Backtest Results  from www.marketcalls.in" + " - " +  Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +

 "  - " + Date() +" - "+"\n" +EncodeColor(colorRed) +"Op-"+O+"  "+"Hi-"+H+"  "+"Lo-"+L+"  "+

"Cl-"+C+"  "+ "Vol= "+ WriteVal(V)+"\n"+ EncodeColor(colorYellow)+ "\n\n\nLast 5 Trade Results\n" +
"\nTrade1= " + PL1
+"\n"+ "Trade2= " + PL2
+"\n"+ "Trade3= " + PL3
+"\n"+ "Trade4= " + PL4
+"\n"+ "Trade5= " + PL5;


//Magfied Market Price

FS=Param("Font Size",30,11,100,1);

GfxSelectFont("Times New Roman", FS, 700, True );

GfxSetBkMode( colorWhite );

GfxSetTextColor( ParamColor("Color",colorGreen) );

Hor=Param("Horizontal Position",940,1,1200,1);

Ver=Param("Vertical Position",12,1,830,1);

GfxTextOut(""+C, Hor , Ver );

YC=TimeFrameGetPrice("C",inDaily,-1);

DD=Prec(C-YC,2);

xx=Prec((DD/YC)*100,2);

GfxSelectFont("Times New Roman", 11, 700, True );

GfxSetBkMode( colorBlack );

GfxSetTextColor(ParamColor("Color",colorYellow) );

GfxTextOut(""+DD+"  ("+xx+"%)", Hor , Ver+45 );


_SECTION_END();

_SECTION_BEGIN("EMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 200, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("Time Left");

RequestTimedRefresh( 1 );

TimeFrame = Interval();

SecNumber = GetSecondNum();

Newperiod = SecNumber % TimeFrame == 0;

SecsLeft = SecNumber - int( SecNumber / TimeFrame ) * TimeFrame;

SecsToGo = TimeFrame - SecsLeft;



x=Param("xposn",50,0,1000,1);

y=Param("yposn",380,0,1000,1);



GfxSelectSolidBrush( ColorRGB( 230, 230, 230 ) );

GfxSelectPen( ColorRGB( 230, 230, 230 ), 2 );

if ( NewPeriod )

{

GfxSelectSolidBrush( colorYellow );

GfxSelectPen( colorYellow, 2 );

Say( "New period" );

}

//GfxRoundRect( x+45, y+40, x-3, y-2, 0, 0 );

//GfxSetBkMode(1);

GfxSelectFont( "Arial", 14, 700, False );

GfxSetTextColor( colorRed );

GfxTextOut( "Time Left :"+SecsToGo+"", x, y );

_SECTION_END();

It's for education purpose. I can't give any call or trading advice because I an not register with NISM or nse.

This strategy is based on understanding the moves in context of the Sentiments / Supply – Demand Factor or Moves of Big traders or Operators. 
If you track the Close price you will wonder the Open price of the trade day is not always the same as that of the previous days Close price. It is because the Operators according to the sentiments lay a trap in which small traders get trapped and run into losses. If we understand these Dynamics we can make profits 90 % times in normal markets in the first 3 to 30 minutes of trading. ( Remember you should close your positions in this time frame ) 
For this strategy it is compulsory to choose shares with very high volumes for example shares in nifty or for that matter other shares with volumes above 5 lac or 10 lac
Take the following figures and trade plan with you on the basis of calculations given below. We will call it Operators Strategy ( OS )

Difference (D) between HIGH & LOW of previous day i.e.: D = ( H – L ) 

Now OS = D / 3

BUY PRICE = ( Close – OS )

SELL PRICE = ( Close + OS )

For understanding the OS one should understand the following……..
STRONG SHARE or STRONG CLOSE (close price is higher than previous close) &
WEAK SHARE or WEAK CLOSE ( close price is lower than previous close )
Now on the basis of above calculations you are ready with the figures i.e.: BUY PRICE, CLOSE & SELL PRICE of STRONG SHARE & WEAK SHARE separately.

Now on trade day if STRONG share opens anywhere between Close & BUY PRICE you can BUY first & keep for sell @ SELL PRICE as your target. 
The Trap :- As the share opens at a price lower than Close one gets the feeling as if the share has become weak and sells it, thus falling in the trap.

On trade day if WEAK share opens at or above SELL PRICE you can SELL first & buy later @ BUY PRICE as your target.
The Trap :- As the share opens at a higher price than the Close one gets the feeling that the share has become strong and buys it thus falling in the trap.

This strategy requires you to be very fast in taking decisions and accordingly positions. Furthermore One should compulsorily come out or close the position in the mentioned time frame or as soon as target is achieved. Life is not that easy and if you find that your position was wrong immediately square it ( close it)Avoid putting Stop Loss, instead put orders immediately for covering 


* Some more morning strategies :……………….

A ) SHORT SELL :- ( sell first & buy later )

OPEN & HIGH IS SAME….
Sell just below HIGH price if it is not breaking the high price for 3 minutes.
Example : If O-H is 110 sell @ 109 with a SL ( stop loss ) just above HIGH.
Best results are observed if :-
a) Market is Bearish ( weak ) 
b) O-H rate is near or above SELL PRICE i.e.: ( Close + OS ) 
c) Weak share but O-H rate is @ or near SELL PRICE
d) If share price is not crossing above previous day’s HIGH

B ) BUYING :- ( buy first & sell later ) 

1. OPEN & LOW IS SAME…….. Buy just above LOW price if it is not breaking the low price for 3 minutes. Example : If O-L is 100 buy @ 101 with SL ( stop loss ) just below LOW.
Best results are observed if :-
a) Market is Bullish ( strong )
b) Close is Strong ( i.e.: it is a strong share )
c) O-L is near or below Close
d) O-L rate is @ or near BUY price 


2. STRONG SHARE :- ( i.e.: strong close ) 

BUY if :-…………..
a) OPEN is @ BUY price.
b) OPEN is same as pr. Close.
c) OPEN & LOW is same, as discussed above.
d) OPEN is just above pr. Close but far below SELL price.

3) BUY if Share crosses above its intraday High price.

Best results if market is bullish. Keep the target of getting out @ SELL price, if it is showing strength & volume is more than pr. Day.


Note : 

AVERAGING: Never average in loosing position. Average only in winning positions.
TRAILING STOP-LOSS: - The SL of profit following your winning position is called trailing SL.
Losses : are part of intraday trading , success of 70% plus is what one should work for & refine your strategy.Hard Fact : In The game of intraday trading if you are consistently achieving 1% profit of your total intraday volume you are achieving wonders. 
Greed & Fear are enemies of intraday traders.

NOTE:-  WE ARE NOT RESPONSIBLE FOR ANY LOSS FROM THIS STRATEGY PLEASE BACK TEST THIS BEFORE USE.

This is combination of 55 and 89 EMA in 5 minute chart.

When to Buy -   when 55 EMA cross and goes above 89 EMA and next candle close above previous candle then buy with 1% stop loss and Target 1% or more as per your confidence.

When to Sell  - Just reverse of Buy when 55 EMA cross and goes down below 89 EMA and next candle close below previous candle then sell with 1% stop loss and Target  1% or more as per your confidence.


NOTE:-   Please beck test this strategy before use. We are not responsible for any loss.

Day trading is all about momentum and nothing else.  You need some way to identify stocks with momentum.  Though a knowledge of technicals surely helps, it is not completely fool proof.  You should always rely on combination of technicals and not on a single one.  You need to devise your own methodology and test it by paper trading before entering the real market.  If you are a intra-day stock futures trader keep the following as base and then supplement with further value-additions:

1) Stock selection for trading intra day futures:

   a) Do not trade during the first half an hour of the opening.

   b) By 10.00 am you will definitely have a fair idea about the general trend or atleast the market sentiment.  This is a function of prev day DJIA performance, current day's Asian markets performance, etc.

  c) If general sentiments appear to be positive, look for stocks with momentum that can be gone long.  Similarly if sentiments appear to be negative, look for stocks with momentum that can be gone short.

   d) Now comes the crucial aspect of identifying stocks with momentum (bullish and bearish).  At 9.50am to 10am, go to  the market watch section of exchange's website  and find out stocks which have the following characteristics :

i) Open price is the lowest price / near lowest of the day so far. (indicates bullish trend with momentum)

ii) Open price is the highest price / near highest of the day so far. (indicates bearish trend with momentum)

The above can be easily automated in excel by downloading the excel link from the exchange's website. If the general sentiments appear to be positive, focus of item i) else focus on item ii).  If the general market trend is directionless and range bound focus on a combination of i) and ii).  Few more parameters can also be supplemented to i) and ii) to confirm the momentum.

e) Last but not the least is discipline.   Have a strict SL depending upon your risk appetite.  If you are in profit do not hesitate to book it as greediness is the biggest enemy of a trader.  If you are in loss, SL will take care of your exit.   Do not overtrade.