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Nse Intraday Master Guide

The NSE Intraday Trading Master Guide outlines a trading strategy using VWAP, RSI, and volume on a 5-minute chart, with specific buy and sell setups based on market trends. It emphasizes stock selection from high liquidity companies and a daily scanning process to identify trading opportunities. Risk management is highlighted, recommending a maximum of 1% risk per trade and limiting trades to three per day to avoid common mistakes.

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12 views3 pages

Nse Intraday Master Guide

The NSE Intraday Trading Master Guide outlines a trading strategy using VWAP, RSI, and volume on a 5-minute chart, with specific buy and sell setups based on market trends. It emphasizes stock selection from high liquidity companies and a daily scanning process to identify trading opportunities. Risk management is highlighted, recommending a maximum of 1% risk per trade and limiting trades to three per day to avoid common mistakes.

Uploaded by

pranay
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

NSE Intraday Trading Master Guide

1. Intraday Strategy (VWAP + RSI + Volume)

Timeframe: 5-minute chart

Indicators: VWAP, RSI (14), Volume

Buy Setup:

- Price above VWAP

- RSI above 50

- Strong green candle with high volume

- Market trend bullish (Nifty up)

Sell Setup:

- Price below VWAP

- RSI below 50

- Strong red candle with high volume

- Market trend bearish

Entry Rule:

- Enter after breakout candle closes

Stop Loss:

- Below previous swing low (buy)

- Above previous swing high (sell)

Target:

- Minimum Risk:Reward = 1:2

Best Time to Trade:

- 9:20 AM – 10:30 AM

- 2:30 PM – 3:15 PM

2. NSE Stock Selection (Daily Watchlist)

Focus Stocks:

- Reliance Industries

- HDFC Bank
- ICICI Bank

- TCS

- Infosys

- SBI

- Bank Nifty stocks

Why these?

- High liquidity

- Tight spreads

- Reliable movement

3. Daily Scanner Process

Step 1: Pre-market (Before 9:15 AM)

- Check global markets (US, SGX Nifty)

- Identify gap-up / gap-down stocks

Step 2: Opening Range (9:15–9:30)

- Mark high & low

Step 3: Volume Spike

- Select stocks with unusual volume

Step 4: Breakout

- Trade only when price breaks range with volume

Step 5: Confirmation

- Align with VWAP + RSI

4. Risk Management

- Risk only 1% per trade

- Max 3 trades per day

- Stop trading after 2 consecutive losses

5. Common Mistakes to Avoid

- Overtrading
- No stop-loss

- Trading random stocks

- Ignoring market trend

6. Example Trade

Example:

- Stock: Reliance

- Breaks opening high with volume

- Above VWAP, RSI = 60

- Entry: breakout candle close

- Stop loss: recent low

- Target: 2x risk

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