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India's first FREE telegram BOT based on NR7 stock signals

Hello friends, Here i am posting the india's first free telegram bot that will sends you realtime signal based on NR7 stocks, that you can one click to perform trade in zerodha or upstox ,, mail us if any doubts or queries to algozerodha@gmail.com Subscribe to our telegram channel to know more https://t.me/Algo_Trad DISCLAIMER :We are not SEBI registered analysts.This group is only for educational and learning purpose. We are not responsible for your profit or loss. All Charts and Stock related views are only for discussions, No personal/monetary benefit attached !!

Introduction to NR7 STOCKS

Trade from Telegram There are many ways to short list stocks for intraday, one such method is called as NR7 method. Trading using NR7 Method: Market goes through regular contraction (i.e. daily trading range getting shorter and shorter) and expansion (i.e. daily trading range getting bigger) cycle. Expanding range is followed by Contraction and vice-versa. So if we can indetify the narrow range days, then it give us a step ahead of everybody to benefit from coming expansion. NR7 is term given to a day that has the daily range smallest of last 7 days including that day. How to Find NR7 day.. 1) Get the High and Low data of last few period 2) Calculate the range of each day i.e. high - low) for each day 3) Compare the range of a today and previous 6 days range (to get NR7. To get NR4 get last 3 days range) 4) If today's range is smallest of all 7 days, then today is NR7 day..else not. It is that simple. This is one of my favorite setup. It gives u a chance to be ahead of trade fol...