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Best Intraday Trading Techniques
Best Intraday Trading Techniques
Table of Contents
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sold on the same day. The risk associated with Intraday trading is very high than another
trading. But, if the trader plays safely with the right trading rules, he/ she can have success in
Intraday.
Here are some simple, easy intraday techniques that can help traders to win the stock market
and plan their pro table trade.
Let’s have your eyeballs on some of the Simple & Best Intraday Trading Techniques &
Strategies by the experts of Trading Fuel. Trading Fuel- pioneer Institute in providing live
market practical training to budding intraday traders. In this regard, fresher should learn from
the experts then put their shoe into Trading.
1.Open
2.High
3.Low
4.Close.
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Source: Trading Fuel | Research Team
1. Useful for Nifty & Bank nifty ( Read More about – What is Nifty )
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3. Input 5 min chart (Need min to min chart)
5. Chance to earn every month minimum of 20,000 Rs. (Fix Income In Intraday Trading)
1. When the day rst candle (DFC) gives closing below the low, the trader should punch the
sell trade. The trader should focus on the close & close below low. The trader can get
closing on any no of candle i.e 3, 4 or 5 candle. The next candle to closing candle will be a
quali ed candle to go for sell-side.
2. Day rst candle high and low difference will be rst target for the trader to book pro t.
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Also Read: 10 Price Action Candlestick Patterns
1. When the day rst candle (DFC) gives closing above the high, a trader should punch the
buy trade. The trader should focus on the close & close above High. The trader can get
closing on any no of candle i.e 3, 4 or 5 candles. The next candle to closing candle will be a
quali ed candle to go for buy-side.
2. Day rst candle high and low difference will be rst target for the trader to book pro t.
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Source: Trading Fuel | Research Team
INTERPRETATION:
If the market opens at price higher than the previous day’s high it’s said to be Out Side Gap Up
Open. If the DFC candle (9:15 Am) with the gap up open price gives closing above high, go for a
buy trade. Here the close above high is on 4 candles. 5 candle is a quali ed candle to punch buy
trade.
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Source: Trading Fuel | Research Team
INTERPRETATION:
If the DFC candle (9:15 AM) opens below the previous day’s low, it is said to be Candle with
Gap down open price. If The Candle with Gap down price gives closing below the low, go for a
sell trade. Here the close below low is on 2 candles. 3 candle is a quali ed candle to punch sell
trade.
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Source: Trading Fuel | Research Team
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Source: Trading Fuel | Research Team
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1) Open High & Open Low | Best Intraday Trading Techniques
In this article, we are going to discuss the OHL strategy.
After the market has opened at 9:15 am, we have to identify the share which is opening at high
or opening at low.
• Wait for price to close above the high of the 1st candle.
• Entry after the price close above the 1st candle high.
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Source: Trading Fuel | Research Team
• Open= low
• Wait for price to close below the low of the 1st candle.
• Entry after the price close below the 1st candle low.
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• Target at 3:15 pm or when price close above 20 MA in a 5-minute time frame.
• Open = high
Note
• Open at high or open at low forming after a gap up or gap down move are more reliable
signals.
• If the open at low or open at high candle occurs after a breakout from a consolidation
zone it is a must stronger signal.
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• If the 1st candle breaks the previous day high or low, it is indicating the stronger
momentum of a trend.
• For buying it is preferable to trade open at low occurring above the 20-day MA at a daily
time frame.
• For selling it is preferable to trade open at high occurring below the 20-day MA at a daily
time frame.
• The high and low of this opening range are taken as support and resistance.
1. Buy when price breaks the opening range high and close below it.
2. Sell when price breaks the opening range low and close below it.
• Buy after the 5-minute candle close above the opening range high.
• Stop-loss: the initial stop loss should be kept at 50% of the opening range.
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Source: Trading Fuel | Research Team
• Sell after the 5-minute candle close below the opening range low.
• Stop-loss: the initial stop loss should be kept at 50% of the opening range.
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Source: Trading Fuel | Research Team
Note
• If the opening range is too wide better do not trade ORB, since the stop loss will be very
far.
• Opening range breakout happen after a brief period of consolidation are better.
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Source: Trading Fuel | Research Team
Buy entry:
• Entry at opening.
Sell condition:
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Source: Trading Fuel | Research Team
Sell entry:
• Entry at opening.
• You can enter after a close below 1st 5-minute candle low.
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Source: Trading Fuel | Research Team
Buy entry:
Sell condition:
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Source: Trading Fuel | Research Team
Sell entry:
Buy condition:
• Find the stocks which are at a 1-2 % gap down opening from the previous day close.
• If the stock 1st 5-minute candle is bullish the go for a long trade.
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Source: Trading Fuel | Research Team
Buy entry:
• Buy after a candle close above the 1st 5-minute candle high.
Sell condition:
• Find the stocks which are at a 1-2 % gap up opening from the previous day close.
• If the stock 1st 5-minute candle is bearish the go for a short trade.
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Source: Trading Fuel | Research Team
Sell entry:
• Sell after a candle close below the 1st 5-minute candle low.
In this combo strategy, we will enter a trade only if both the index are simultaneously giving
either buy or sell entry
• We will buy only if we get to buy entry in both nifty and bank nifty.
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• We will sell only if we get sell entry in both nifty and bank nifty.
• Formation of an inside candle within the 1st candle of nifty and bank nifty.
• High of the morning 1st candle is broken in both nifty and bank nifty.
Buy entry:
• Entry after a 5-minute candle is closed above the high of 1st5-minute candle in nifty and
bank nifty.
Sell condition:
• Formation of an inside candle within the 1st candle of nifty and bank nifty.
• low of the morning 1st candle is broken in both nifty and bank nifty.
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Source: Trading Fuel | Research Team
Sell entry:
• Entry after a 5-minute candle is closed below the low of 1st 15-minute candle in nifty and
bank nifty.
Note:
• If one index is giving entry but another index doest then we will not take such trade.
• After the break out in both index we can trade in any one or both index.
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Time frame: 5 minutes
Buy condition:
• When a bullish candle form after the 3rd candle near S1.
Buy entry:
• Entry when a 5-minute candle close above the 1st bullish candle high that form after 3rd
candle near S1.
Target
1. Pivot line
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Sell condition:
• When a bearish candle form after the 3rd candle near R1.
Sell entry:
• Entry when a 5-minute candle close below the 1st bearish candle low that form after 3rd
candle near R1.
Target
1. Pivot line
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8) 15 Minute Sleep Strategies
It is a two-day strategy, we expect that in day 1 the index to remain in a sideways market
without breaking the high or low the 1st 15-minute candle and on day 2 when the high or low of
the 1st 15-minute candle broke we will trade in that direction.
Buy condition:
• Day 1: 1st 15 minute high and low are not broken throughout the day.
Buy entry:
Sell condition:
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• Day 1: 1st 15 minute high and low are not broken throughout the day.
Sell entry:
Correction in Elliot wave are labeled as ABC, as they are complex structure its dif cult to
predict their direction and trade them, but a corrective structure has a tendency to get retraced
more than 100%, in this article we will provide you a simple method to trade ABC structure.
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Here we will use 38% retracement level of Fibonacci, in Elliot wave theory when the price break
and sustain below the 38.2% level for more than 15 minutes it is considered the trend is
changed.
Buy condition:
• First of all you must be able to spot a complete ABC corrective structure.
• Price must break 38% level and sustain above it for more than 15 minutes or price touch
50 % retracement then the same 23%-38% become support zone.
Buy entry:
• After the break of a 38% level, the price will reach to 50 % level.
• Any decline from a 50% level to 23%-38% region will provide us an entry point.
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Target Are:
Sell condition:
• First of all you must be able to spot a complete ABC corrective structure.
• Price must break 38% level and sustain below it for more than 15 minutes or price touch
50 % retracement then the same 23%-38% become resistance zone.
Sell entry:
• After the break of a 38% level, the price will reach to 50 % level.
• Any bounce from a 50% level to 23%-38% region will provide us an entry point.
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Target Are:
Note:
it is not advisable to blindly trade or label any structure ABC, one must have a basic knowledge
of Elliot wave theory.
Buy condition:
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Buy entry:
• After a 5 minute candle close above the high of the 3rd candle.
Sell condition:
Sell entry:
• After a 5 minute candle close below the low of the 3rd candle.
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CONCLUSION ABOUT ABOVE ALL INTRADAY TRADING STRATEGIES
There is no doubt about the fact that stock market trading can be a good carrier and you can
earn a high income, but before jumping into the water you must learn to swim, what I mean is ”
trading is a game of survival” there is no strategy which will work all the time. you must focus
on managing your loss.
According to one of the most popular Indian traders Ashwani Gujral, there are “3-M” which
trade must have if he considering trading as a carrier, there three M are Method, Money
management, Mindset.
The trading strategy is alone not powerful, one must invest his time in understanding the
different market conditions, and use proper risk management.
• Intraday trading is about focusing on and protecting your capital. Do not trade with big
pro ts in your mind, instead of that focus on how much risk you are willing to take per
trade. Once you learned about protecting your capital from depleting beyond a point,
pro ts from day trading will automatically follow.
• Don’t trade during the volatile market. Always trade with the trend. Intraday trading gives
the best result when the momentum and direction of the market are predictable.
• Never forget to keep stop loss. It is one of the keys to achieve success in day trading.
Without a stop loss, you may end up holding positions with the unmanageable market to
market loss.
• Whatever trade setup you use for day trading, as an intraday trader you must know about
right entry and exit point. You have to take three key decisions about when to buy, when
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to sell and when to sit tight.
• Don’t panic when you are doing intraday trading, that leads you to take wrong and hasty
decisions in the market.
• Never try to recover your losses by overtrading. It is the golden rule for intraday trading.
Overtrading will lead you to lose money in both ways.
• Keep a record of your daily trade. It will help you to nd your mistakes and really useful
for you to become a better trader.
• Whatever Intraday Formula you use for Intraday trading, rst do backtest with past data
and also in the live market. Once you are ready with backtesting, as per your risk
management strategy you can use your intraday trading formula.
• There is no golden key to become a successful trader, only practice makes you a good
intraday trader. Practice, Discipline and Risk management is the key formula for
successful intraday trader.
Lastly, We at Trading Fuel don’t use simple intraday trading techniques because they are good.
We use them because they work. If you are looking for Intraday Trading Techniques, Strategies,
formulas, Tricks & Rules then your search ends here!
Our trading methods are based on simple rules which anyone can easily adopt. They help us to
act in time with perfect information and give the best results. Our trading methods are tested
and con rmed that are accurate and pro table.
We impart training to investors and traders using our trading methods that can help you to
become an independent pro table trader.
FAQs
Intraday trading techniques will help you in making profits consistently. By learning these
techniques you can become a successful trader and make it your full-time profession.
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Is trading a game of survival?
B E S T I NT R A DAY T R A D I N G F O R M U L A B E S T I NT R A DAY T R A D I N G S T R AT E G I E S
T I P S A N D T R I C K S F O R I NT R A DAY T R A D I N G
Prashant Raut
Prashant Raut is a successful professional stock market trader. He is an expert in understanding and
analyzing technical charts. With his 8 years of experience and expertise, he delivers webinars on
stock market concepts. He also bags the ‘Golden Book of World Record’ for having the highest
number of people attending his webinar on share trading.
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