TRADING CHECKLIST SWING & INTRADAY
POINTS TO NOTE
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Check the stocks in Consolidation - NR4 & NR7 Strategies
Confirm the Trend - Stock & Index (Never Trade Against the Trend)
Mark Support & Resistance - Horizontal & Trend Line
Check the pivot lines, resistance & support using CPR
Compare Horizontal & Trend Line marked with Chart Patterns
Wait for Favorable Entry – Break out, Trend reversal & continuation point.
Breakout Confirmation with 2nd Candle - 5min & 15min candle
Compare with Candle patterns
Confirm entry with Technical Indicators - MACD, RSI, MA & VWAP
Dual confirm the entry with the Strategies - OHL & ORB
Enter trade with Stop Loss & Target
Exit confirmation with Resistance, Support & Fibonacci Retracement
Check the Index resistance & Support - on Exit confirmation
Sell the Stock once it reaches your target or if it reaches a resistance level, Keep the cash and
wait for the right time to buy never rush.
Sell as soon as you sense the trend reversal or if you thought that you made a wrong entry.
Don’t wait.
Never Buy when the stock showing bearish/correction during an overall Downward trend /
bearish market; Only buy after the Bullish Trend Confirmation
Always try to short sell when the market is falling after showing bearish/ correction during
the overall Bearish market.
1. Don’t enter trade without at least 5 min of technical analysis, Opportunities will come
later as well but don’t take risk. Make a proper analysis and wait to see whether its
working to get into trade and if the analysis not working out don’t enter into trade.
☐ (5min, 15min & 1Day)
2. Always trade with the trend and respect the support and resistance lines.
☐ 3. Less trade with more profit margin else brokerage and tax will take over your profit.
4. Never re-trade in the same stock to make it profitable unless you find a high margin
☐ profit probability. Emotion management – Wait for target, stop loss, enter only at right
point, no need to fear and don’t be greedy.
☐ 5. Never rush into buy or sell, buy or sell with the pre-set limit as per the analysis. Never
☐ buy or sell with market order in intraday or for long term.
6. Keep as strict risk reward ratio and exit on the Target or Stop Loss.
☐ 7. Always refresh and check whether your open trades are executed. Up stock apps have
issues with their application which may be not show the open orders or executed orders
☐ and if you do it again you might end up in trouble as this gets triggered without
knowing.
☐ 8. Dual check the orders before proceeding as it be defaulted to the last trade done. So,
confirm whether it’s the same intended stock, intraday or delivery and whether it is
☐ Market or Limit order.
9. Better to trade after 10 am. Unless we have a strong pre market trend Indication.
☐ 10. Capital allocation to Nifty 50, Bank Nifty, Nifty IT and other Index and compare with
particular stocks for better comparison.
☐ 11. Create watchlist and mark all the trend line and possibilities before the market hours.
12. Chart Patterns - Triangles, Double top & bottom, Head & shoulders, Wedge, Rectangle,
☐ Rectangle, Flag, Pennant, Round bottom, cup & handle etc.
13. Technical Indicators – Volume, EMA, VWAP, MACD, RSI, Swing CPR
☐ 14. Strategies checklist – OHL, ORB, NR4/NR7, Fibonacci Retracement
15. Favorable Entry – Break out point, Trend reversal point & Trend continuation point.
☐