Stock

Trading
Mastery
Explainer PDF
Candlesticks
Brief explanation of candlesticks
and how they work

Supports and
Resistances
Introduction to S/R and how they
work in the stock market

Trendlines
An explanation of the use of
trendlines as dynamic supports and
resistances
Trendlines+Pivots
Strategy 1 - Trendlines and Woodie
Pivots

Trendlines+S/R
Strategy 2 - Trendlines and
Support/Resistance Zones

RSI/MACD
How to use RSI and MACD for
understanding of trend and
momentum
Using RSI for
Confirmation
Using RSI/MACD confluence for
trendline entries

Trading Psychology
How to control your trading
psychology and be a disciplined
trader

FAQ
Answers to some Frequently Asked
Questions we get in our DM's
Candlesticks
Show price movement for
defined time period
Green/Bullish= Stock closed at a
higher price from the open
Red/Bearish = Stock closed at a
lower price from the open
Bigger the candle size, greater
the strength of buyers/sellers
When taking entries, we always
wait for candle to close
We can use 3Min/5Min/15Min for
Intraday Trading
Support Resistance
Support = Floor, Resistance =
Ceiling
Stock bounces off previous areas
of Support/Resistance
We mark these areas on chart
when taking trades
These serve as targets
We will be marking S/R zones
and using them with trendlines
for trading breakouts
Trendlines
Trendlines are dynamic
Support/Resistance areas
Minimum 3 touches to make a
trendline
Draw trendlines from wicks
Start of trendline is always at a
rejection point
Find 3 rejection points which
seem to bounce off the trendline
Trendlines+Pivots
This strategy uses Trendlines and
Woodie Pivots
3Min or 5Min TF for drawing
trendlines
Buy on breakout above, sell on
breakout below
Woodie Pivots as targets
Use RSI (12) for confirmation
while taking buy/sell
Trendlines+S/R
This strategy uses Trendlines and
S/R Zones
3Min or 5Min TF for drawing
trendlines, 15M and 1H for
drawing S/R Zones
Buy on breakout above, sell on
breakout below
S/R Zones as targets
Use RSI (12) for confirmation
RSI/MACD
RSI (12) and MACD (10,18,9) can
show strength of momentum
and trend
Best when used along with
trendline breakouts
This confluence will improve your
entries and accuracy
Using RSI for
Confirmation
RSI (12) above 55 = bullish trend,
RSI (12) below 55 = bearish trend
MACD +ve and RSI bullish can
provide confirmation to trendline
breakout buys
MACD -ve and RSI bearish can
provide confirmation to trendline
breakout sells
Using RSI for
Confirmation
When trendline breaks out
upside, and RSI and MACD dont
signal buy, it can fail
When trendline breaks out
downside and RSI and MACD
dont signal sell, it can fail
Use this confirmation to sharpen
your entries
Trading Psychology
Maintaining discipline and
controlling emotions are important
when taking trades. Follow this
guideline:

Rule 1
Only 2 trades a day

Rule 2
Maintain RR of 1:2

Rule 3
Journal your trades
Trade Journaling
Write down all trade records,
make notes of what went
wrong/right and how you could
improve
Frequently Asked
Questions

How to start DEMAT account?

You can start trading on Upstox and
Zerodha. Both have online account
opening. DM us for a referral code.

How many touches on trendline?

Trendline should have minimum 3
rejection points to be a valid trendline

How to use RSI with trendlines?

Take trendline breaks only when RSI
confirms momentum in the direction
of trendline breaks
Frequently Asked
Questions

Woodie Pivots or S/R Zones?

S/R Zones are more accurate and
work better as targets compared to
Woodie Pivots

If a target is closeby, should I enter?

No, make sure when you're entering
that you have a minimum RR Ratio of
1:2

If stock reverses should I panic?

Sometimes stock may reverse after
entry. Dont panic if you have placed
Stoploss.
Frequently Asked
Questions

What is Cover Order/Bracket Order

Read more about this on Zerodha
(https://bit.ly/35FA6ZM) - link goes to
official site

How to use TradingView?

https://www.youtube.com/watch?
v=Vqrkbcdmuqc
Watch this

How much money to start trading?

Start with Rs. 1000-3000 and trade
small to get confidence
Frequently Asked
Questions

Which is the best broker

We recommend Zerodha/Upstox. You
can use whichever you want.

Will I get mentorship?

Mentorship is a part of our Price
Action Alpha Program. Whatsapp us
to Join and get mentored.

How to paper trade?

Just write entries and exits in stocks
on paper based on strategies you
learnt
Contact Us

Whatsapp: +919136139138

Instagram: @alphabulls.co

www.alphabulls.co