Day 1 – Participants will learn how trading in index is different from

trading stocks. Participants will also learn Intraday Trading Set Up for
Bank Nifty

Day 2 – Participants will learn low risk intraday set up for trading in
Nifty Options – with Risk Reward of 1:2

Day 3 – Participants will learn Bank Nifty Weekly Expiry Special Option
Writing Set Up

Day 4 – Participants will learn Option set up for Nifty and Bank Nifty
Fees Rs 1000 Only

You will get Recordings and PPTs for all 4 days

Payment Methods
1) Google Pay Or Phone Pay – 9860770253

2) NEFT / IMPS Details

Saving Account Number: 054401523018
IFSC Code: ICIC0000544
Bank : ICICI Bank
Account Holder Name: Manish Gulabrai Sachdev

3) Upi id : manish2519@okaxis
Day 5 – Directional Strategy – Hero OR Zero Strategy
On 15th Oct 2020 – Bank Nifty drop 800 points
Day 6 – Non Directional Strategy
Nifty and Bank Nifty Trading Program
Things to look for when trading in index –
nifty and bank nifty
1) PDH and PDL
2) Mid Day Frame and Last Frame or Last Session
3) Central Pivot Range (CPR)
4) Pivot Points
Time Frame to be used - 5 mins and 15 mins
 1) PDH and PDL
PDH and PDL act as Support and Resistance

Index reverse from PDH and PDL

Once price break above PDH or below PDL – we may see a trend in
price
21st July High and Low acting as support and resistance on 22nd July
6th July high and low – acting as support and resistance on 7th july
Gap Up opening on 6th July and low became support – finally breakdown
14th July - Short at 10690 / 10684 with SL 10728 and target 10631
30th June – PDH act as a support and finally breakdown in second attempt
27th July Nifty bounced from PDL to CPR – 11090 to 11180
 Divide 5mins Chart into three time frames

9.15 am to 11 am – First Frame

11am to 2pm – Mid Day Frame

2pm to 3.30pm – Last Frame or Last Session

First Frame Volatile – No clear trend - whipsaws

Mid Day Frame – Sideways

Last Frame – Trending

If mid day frame is trending, last frame sideways

Very rarely you will find last frame volatile

 What is CPR
The Central Pivot Range (CPR) is one of the most versatile price-based
indicators available to traders.  

At any given time, the range can be support or resistance, it can

forecast trending or sideways price behavior, dictate the day’s direction,
or serve as an integral part of a trend.
Formula to calculate CPR
TC = (Pivot – BC) + Pivot
Pivot = (High + Low + Close)/3
BC = (High + Low)/2
Ascending CPR - Uptrend
Descending CPR - Downtrend
Nifty Ascending CPR
Wide vs Tight CPR
Sideways vs Trending Price
PDL Breakdown trade in banknifty on 28th July 2020
 Long Set Up using - CPR, PDH and R1

Time Frame - 5mins

CPR = Ascending

Go long when price break PDH and R1 at the same time with long
bullish candle ( high probability trade)
1st July 2020. R1 21609.10, PDH 21650.50, Breakout Candle 21674.55, Target R2 –
21849. SL below R1
23rd June - R1 22049, PDH 22080, Breakout Candle Close 22155.65, Target
R2-22390, 3.15pm Candle Closed at 22250.75.
18th June – R1 20588, PDH 20627.90 Breakout Candle Close 20671.05,Target R2
20917, SL 20520 (Breakout candle close 20533)
2nd June – R1 – 20247, PDH 20225.35, Breakout candle close 20339.75, Target R2
20533. Stop Loss 20198
Do Not Trade If there is a wide gap between R1 and PDH
27th May R1 – 17645, PDH 17681.70, Breakout Candle Close 17734, Target R2- 17848. Stop Loss 17625
7th July R1 – 22341, PDH 22394.65, Breakout Candle Close 22412, Target R2 – 22485, SL
22325
 Short Set Up using - CPR, PDL and S1

Time Frame - 5mins

CPR = Descending (for high probability trade)

Go short when price break PDL and S1 at the same time with long
bearish candle ( high probability trade)
15TH April PDL 19294, S1 – 19224, Breakout Candle Close 19150, Target S2 18961, Stop Loss Breakdown
candle high 19321
1st April – S1 18797, PDL 18792, Breakdown candle close 18722.70, Target 18458, SL 18810
27th July – PDL and S1 breakdown – S2 achieved.
Rejection Candle / Pin Bar Set Up in Nifty and Bank Nifty
 Bullish and Bearish Rejection Candle / Pin Bar

Where to look for rejection candle ?

1) At PDH / PDL
2) At CPR – at Top CPR, Bottom CPR and at main pivot

Time frame to use – 5mins and 15 mins

 How To Trade Pin Bar Set up In Index OPtions
Note Down Three levels for Nifty and Bank Nifty
1) PDH 2)PDL 3) MAIN PIVOT of current session
Example: If I am trading on 28th July, I will note 27th July - Day High and Low
and Main Pivot of 28th july
PDH – 11222
PDL – 11089
Main Pivot – 11148
Next Step : Add nearest Strike CE and PE in watchlist
Add 11200 PE, 11100 CE, 11150 CE and PE
Pin bar at cpr and at pdh on 28th july 2020. Bullish Pin bar range is approx. 15points – 11172.50 high
and 11157.25 low
11150CE Pin Bar Range 6 points. High 88.75 and low 82.15
Entry at 89, t1- 96, t2 -103, sl 82
Bearish Pin Bar at PDH in Nifty on 28th July 2020
11200 PE Pin Bar Range – 7 points , 86.95 high and low 80.05.
Entry ? Exit ? Stop Loss ?
Bearish Rejection Candle at PDH on 22 nd July 2020. High 11191.75 and Low 11176.95.
Candle Range aaprox 15 points. Go short below 11176.95 with SL 11191.75 and Target of
11161.95
Bullish Rejection Candle at Main Pivot on 23rd July 2020. High 11157.30, Low 11144.20.
Candle Range approx 13 Points. Go Long above 11157.30 for target 11170 with sl 11144.20
Nifty Bullish Rejection Candle at Main Pivot – 9th July 2020. High 10747.75, Low 10734.85,
Candle size approx 13 points. Go Long above 10747.75 for target 10760.75
Bank Nifty Hammer on 25th Aug 2020
Nifty 28th Aug 2020 – 11633.60 high and 11618.55 low. Range is 15 points
11650 call option – Hammer –High 80.55 and low 71.80. Entry ? Exit ? and stop loss ?
7TH Sept 2020
Nifty 25th Sept – Hammer in 15 mins time frame
Bank Nifty hammer at PDH on 5th Oct 2020
Bank Nifty 10th and 11th Sept 2020
Nifty hammer at PDH on 6th Oct 2020
Bank Nifty 25th November 2020
Bank Nifty on 26th Nov 2020
 Bollinger Band
Bollinger Bands are a type of statistical chart characterizing the prices
and volatility over time of a financial instrument or commodity, using a
formulaic method propounded by John Bollinger in the 1980s.
Average Price = Rs 100
High = Rs 103
Low = Rs 97
Standard Deviation or sigma = 3points
1sigma = 3;
2sigma or sd = 6

Middle Band (avg price) = 100

Upper Band = 106
Lower Band = 94
 Statistical Properties

Prices remain between upper and lower bollinger band for almost 85%
to 90% of time

There is 10% to 15% of chance that price will break either upper
bollinger band or lower bollinger band

After volatility contraction - Once price break and close above upper
bollinger band or below lower bollinger band – price will start “walking
on the band”
 Instrument – Nifty and Bank Nifty

Time Frame = 1 hour

Long Set Up = Hammer formation at the lower Bollinger band

Low of hammer must fall outside the lower band

Short Set Up = Shooting Star formation at Upper Bollinger band

High of shooting star must fall outside the upper band
29th July. High = 11341.05, Low 11263, Range = 78 points
11250 PE – High 136.60, Low 107.55, Range = 29 points.
Entry = ? Exit =?
Nifty July 2020
Nifty in May 2020
Nifty in April 2020
Nifty 19th March 2020 – Lower Circuit Day
Nifty Feb 2020