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    Nsemcxarena Strategy

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    देवेंद्र विश्राम परब
    This document provides an intraday trading strategy based on price action. It describes how to select 10-12 stocks for intraday trading from the NSE website each morning. Stocks are selected from the top gainers and losers in the Nifty and F&O categories. Rules for entry and exit are described based on 15-minute candlestick patterns, with a maximum of one buy and one sell per stock per day. Position sizing and daily profit targets are also outlined to structure a disciplined approach. Guidelines for different commodity preferences in MCX markets are also provided.

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    Nsemcxarena Strategy

    Uploaded by

    देवेंद्र विश्राम परब
    498 views22 pages
    This document provides an intraday trading strategy based on price action. It describes how to select 10-12 stocks for intraday trading from the NSE website each morning. Stocks are selected from the top gainers and losers in the Nifty and F&O categories. Rules for entry and exit are described based on 15-minute candlestick patterns, with a maximum of one buy and one sell per stock per day. Position sizing and daily profit targets are also outlined to structure a disciplined approach. Guidelines for different commodity preferences in MCX markets are also provided.

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    This document provides an intraday trading strategy based on price action. It describes how to select 10-12 stocks for intraday trading from the NSE website each morning. Stocks are selected from the top gainers and losers in the Nifty and F&O categories. Rules for entry and exit are described based on 15-minute candlestick patterns, with a maximum of one buy and one sell per stock per day. Position sizing and daily profit targets are also outlined to structure a disciplined approach. Guidelines for different commodity preferences in MCX markets are also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    498 views22 pages

    Nsemcxarena Strategy

    Uploaded by

    देवेंद्र विश्राम परब
    This document provides an intraday trading strategy based on price action. It describes how to select 10-12 stocks for intraday trading from the NSE website each morning. Stocks are selected from the top gainers and losers in the Nifty and F&O categories. Rules for entry and exit are described based on 15-minute candlestick patterns, with a maximum of one buy and one sell per stock per day. Position sizing and daily profit targets are also outlined to structure a disciplined approach. Guidelines for different commodity preferences in MCX markets are also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 22

    Intraday Strategy

    Statutory Warning: This Document is only for paid members of Strategy Learning – Any misuse,
    selling, forwarding, uploading, making video, editing, sharing or any commercial use of this
    document or strategy will be Fined and/or Legal Action against you/Also Cancel your Lifetime
    Support. This is a registered Strategy/Document. Public use strictly prohibited.

    Strategy Based on Price Action

    How to select stocks for Intraday Trading?


    We need minimum 10-12 stocks for Intraday Trading…
    Everyday morning after Pre-Open Market close at 9.08 AM go to www.nseindia.com
    On Homepage Click Live market under Live Watch Click Pre- Open Market

    Check the Image below for reference


    After you click Pre-Open Market you will see a window like this

    By Default you will see Nifty Top Gainer/Looser…

    Stock Selection Price Range above 125.00 and below 3000.00

    Stock and Stock


    Any Stock in NSE F&O BAN List Ignore totally, Don’t trade in Cash also.
    Select Next Available Stock as per rules…

    Check the Image below for reference


    As per rules Selected Stocks from are:

    Now above selected stocks in your Market Watch-list/Trading Terminal.

    Now go to bottom of the page and check from bottom

    Check the Image below for reference

    Now above selected stocks in your Market Watch-list/Trading Terminal.

    So till now we selected 4 stocks from Top Gainer from Top and 4 stocks from Top Looser
    from Bottom…so we have 8 stocks in total till now…from NIFTY Category…

    Let’s few more stocks…


    Now go to Top and from drop down click on category

    Check the Image below for reference

    Now you will see Top Gainer/Looser…

    Check the Image below for reference


    As per rules Selected Stocks from are:

    Now above selected stocks in your Market Watch-list/Trading Terminal.

    Now go to bottom of the page and check from bottom

    Check the Image below for reference

    Now above selected stocks in your Market Watch-list/Trading Terminal.

    So till now we selected 3 stocks from Top Gainer from Top and 3 stocks from Top Looser from
    Bottom…so we have 6 stocks in total till now…from FO Stocks Category…

    So overall we have selected 7 stocks from Top Gainer from Top from 2 Category and 7 Stocks
    from Top Looser from Bottom from 2 Category, Overall we have 14 Stocks for Intraday Trading.
    *Note: You can select less stocks also as per your comfort, like 6-6 stocks or 7-7 stocks or 8-8
    stocks, but maintain balance between Top Gainer & Top Looser and Select at least 1-2 stocks
    from all 2 category.

    Now Stock Selection process is complete.

    Check the Image below for reference


    https://www.nseindia.com/products/content/derivatives/equities/sec_ban.htm
    Check the Image below for reference
     Set Time Frame for Chart: 15 Minutes
     Live tick by tick chart required
    (ODIN/NEST/TradeTiger/ZerodhaKite/PI/Any) Candle Colour Red &
    Green Required.
     Price Candle OHLC Data required (Use Crosshair/Data
    Window) No Indicators Required
     Every day new trading will be started by checking from first
    candle Ignore previous day candles if you see any.
     Ignore new buy/sell trades after 2.45 pm for Nse Equity/Futures and ignore
    new buy/sell trades after 9 pm for Mcx/Commodity.
     All trading must be closed by 3.15 pm for Nse Equity/Futures and all
    trading must be closed by 11.15 pm for Mcx/Commodity.

     Day's first candle formation is valid for taking a buy or sell as per
    rules.Note: First Candle of the day also can be Candle as per rules.
     If the first trade is profit, then there won’t be no second trade in that
    particular script.
     If the first trade stoploss hit, enter second trade/reverse trade.
     Only one buy and only one sell maximum for a script on an entire trading
    day This Strategy is not applicable to Index/Stock Options and
    Nifty/Banknifty Future.

     and Strictly Not Allowed to use in


    this strategy.Use Order for trading this strategy.

     Do Not use Equity/Cash Market Levels for Future Trades and Future
    Market Levels for Equity/Cash Trades, Strictly Follow Rules.
     Its upto your decision which stocks you selected in the stock selection
    process
    to trade in Equity Cash/Future as per your Comfort/Capital.
    It’s Not Mandatory to trade Selected FO Stocks in Future only, you can trade
    in Equity Cash also.
    → Candle Inside Candle
    → Body Inside Body
    → Magic Candle High-Low Difference should
    be less than/Equal to 1% of Magic Candle
    High (NSE Equity Cash/Future)
    →Magic Candle High-Low Difference should be
    less than/Equal to 0.50% of Magic Candle High
    (MCX Commodities)
    First Decide your Daily Profit Target?
    It should be Maximum 5% of your Cash Capital
    You need to stop trading once you achieve your Daily Profit Target
    Normally all leading brokers in India gives minimum 10 times exposure/limits for
    intraday trading in Equity/Cash Stock Trading (BO & CO strictly not allowed)
    If you get 10x limits/Exposure on base capital of 1 lakh
    Your Intraday Trading Exposure/Limit will be 10 Lakhs
    First divide 10 Lakhs in 2 parts -- 5 Lakhs + 5 Lakhs
    Keep 5 Lakhs aside for Reverse Trading – Do not use this money
    And Rest 5 Lakhs will be used for trading

    Now plan how many trades you want to take daily? to achieve your Daily Profit
    Target as per rules and follow it strictly

    You need to take minimum of 3-4 Trades daily in order to achieve your daily profit
    target set by you.

    Let’s say you plan to take minimum 5 trades per day (you can decide any no of
    trades as per your choice), now divide 5 lakhs into 5 trades, so you get 1 lakh
    per trade, so you need to trade with 1 lakh per trade as per rules.
    How to decide quantity
    1 lakh per trade/Cmp of the stock price will give you no. of shares/Qty to trade

    If Cmp of stock is If Cmp of stock is 600.00


    250.00 1 lakh / 250.00 1 lakh / 600.00
    = 400 Qty = 167 Qty

     
     Now trade as per above qty only for trading in that particular stock.
     
     Each and every trade has to be followed strictly using same method.


    Now trade as per above rules till the time you achieve your daily profit
     target set by you, onceyou get your daily profit means stop trading
    and close for the day.
     
     Never overtrade or be greedy, be disciplined trader in order to be successful

     You need to followthis method daily in order to be profitable end of the
    day/week/month
     
     Best way is to follow this method Weekly basis - Monday to Friday

    Decide on Monday morning itself your daily profit target/no. of trades per
    day as per above rules and follow it for entire week from Monday till
    Friday (Do not change once decided follow same till Friday), you may
    increase or decrease your
     daily profit target/no. of trades per day as per
    your comfort/capital.
    Note: Trading in MCX Market Consider 5
    PM Candle as First Candle and Start
    Checking as per rules.

    Targets for Mcx Commodities

    Trading Preference/Targets in Mcx Commodities


    st
    1 Preference – Lead: Target 30-40 Paisa / Zinc: Target 40-50 Paisa
    nd
    2 Preference – Crude Oil: Target 12-15 Pts / Nat Gas: 0.80-0.90 Pts
    rd
    3 Preference – Silver: 80-120 Points /Gold: 60-90 Points
    th
    4 Preference – Copper: 0.75-1.00 Points
    Avoid Trading- Aluminium/Nickel
    All the best for
    Profitable Trading!!!

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