Scribd
Upload
157 views6 pages

NIFTY Strategy

The document outlines various trading strategies for NIFTY, BANKNIFTY, stocks, and commodities, focusing on intraday trading setups. It details prerequisites, entry and exit strategies, and the significance of moving averages and open interest indicators. Additionally, it presents scenarios for trading based on market conditions and indicators, emphasizing the importance of trend analysis and risk management.

Uploaded by

Mac Trader
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
157 views6 pages

NIFTY Strategy

The document outlines various trading strategies for NIFTY, BANKNIFTY, stocks, and commodities, focusing on intraday trading setups. It details prerequisites, entry and exit strategies, and the significance of moving averages and open interest indicators. Additionally, it presents scenarios for trading based on market conditions and indicators, emphasizing the importance of trend analysis and risk management.

Uploaded by

Mac Trader
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 6

Trading Strategies

In Progress
• NIFTY
• Intraday
• BTST
• Expiry
• BANKNIFTY
• Intraday
• BTST
• Expiry
• Stocks
• Intraday
• Options
• Swing
• Commodities
• Intraday
Intraday
• Pre-requisite • Setup 1 (MA Green – OI Above 20 SMA)
• Open ITM/ATM/OTM Option PE and CE chart (Delta 0.6), • Green MA indicates Option price is increasing and the trend
side-by-side. is expected to continue.
• Set timeframe as 2-min in both charts. • OI above 20 SMA indicates that sellers are still holding on to
• Focus on chart with Green MA (20 EMA above 50 EMA). their positions and possibly adding more.
• Plot Open Interest indicator with 20 SMA • Wait for the Open Interest to cross below 20 SMA. Wait for
the current candle closure.
• Skip the strategy if both charts have Red MA. • The candle (any color) that made the crossover is the signal
• Prefer Green MA in 5 min chart (Link) . candle.
• Either strong RED candle or strong GREEN candle. Ignore
candles with long upper wicks and doji candles.
• Entry:
• Buy above the previous two candle high.
• Stop-loss
• A few points below signal candle low or of the candle prior to it.
• Exit: OI rising above 20 SMA
• Take Profit
• Two times the SL price
• Previous swing high
• Exit: OI rising above 20 SMA
• Example:
Intraday
• Pre-requisite • Setup 2 (MA Red – OI Above 20
• Open ITM/ATM/OTM Option PE SMA)
and CE chart (Delta 0.6), side- • In progress
by-side. • Entry:
• Set timeframe as 2-min in both • In progress
charts. • Stop-loss
• Focus on chart with Green MA • In progress
(20 EMA above 50 EMA). • Take Profit
• Plot Open Interest indicator with • In progress
20 SMA
• Example:
4 scenarios for Intraday
• MA Red – OI Above 20 SMA – Sellers are aggressive. Wait for
reversal formation in candles
• Avoid - https://www.tradingview.com/x/j023lnGu/

• MA Red – OI Below 20 SMA – Will this exist?


• Avoid - https://www.tradingview.com/x/IXzgiBp0/

• MA Green – OI Below 20 SMA – Setup already in place, how to ride


the trend/continuation
• MA Green – OI Above 20 SMA – Waiting for setup - DONE

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy