twins always stay together
hand in hand
till they grow up
too much!
two such twins are
bpcl and hpcl.
here is a day trading strategy
for these two twins
and all others
which are very very similar.
whenever
any one of these
moves more than the other
by more than half a percent
(more the better)
just short the futures of the above
and long the futures of the lower.
99, if not 100% of the times
the price line of the two
will touch again.
sometimes they crossover
soaring the profit.
this reunion happens
usually in the same day,
otherwise definitely the next day.
don't prolong this trade
more than 2 days.
also, stick to futures
and not options or delivery segment.
enter and exit the trades fast.
--
this technique can be tried in other siblings also.
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