STOCKS94 - YOUR VERY OWN WEALTH CREATOR
  • Home
  • About Us
  • Products
    • Equity Subscriptions
    • Research Advisory
  • Research Corner
    • Model Portfolio >
      • April 2018
      • March 2018
      • Wealth Creation Ideas for 2018
      • Model Portfolio Archives
    • Morning Release >
      • 26 April, 2018
      • 25 April, 2018
      • Morning Release Archives
    • Fundamental Analysis >
      • Bharat 22 ETF Analysis
      • Ceramic Industry Analysis
      • BPCL: Supportive Technicals to bet on for Short Term Trade
    • Knowledge Base >
      • Technical Analysis of Mirza International
      • Trade Setup using Fibonacci Convergence or Confluence
      • Technical Analysis of Deepak Fertilizers
      • Technical Analysis of Asian Paints
      • Price Action, Open Interest, & Volume
    • IPO Corner >
      • Listed IPOs
  • Trainings
    • BTAP - Basic
    • BTAP - Advanced
  • Blog
  • Support
    • Social
    • FAQs
    • Contact Us

Intraday Trade Setup Strategy.

Intraday as the name suggests is the trade that is executed within a day. That means you take the position in a particular scrip on a particular day and closed the same trade on the same day during stock market hours.

For example, Mr. Shah buys 50 shares of DCBBANK on 24 August, 2017 at a price of Rs.181.50; he wants to trade on an intraday basis, which means he needs to close this trade on 24 August itself.

​So what does this close the trade mean? It simply means:
  • Sell if you have bought initially
  • Buy if you have sold initially

​In the above example, Mr. Shah who has bought 50 shares of DCBBANK on 24 August needs to sell them on the same day before 3:30 P.M. (stock market timings).

Intraday has always been treated as a speculation. People say its gambling and no one can ever make profit doing intraday trading.
From Stocks94, here is one of the tested strategies adopted by many successful traders for intraday trading. Only a disciplined approach can help you trade and earn handsome returns in intraday trading.
​Before we start the trade setup for intraday, let us see the basic requirements for this setup:
  • 5 day and 8 day simple moving average lines
  • RSI Indicator
  • MACD Indicator

The strategy gives a confirmation on daily charts about trend and same strategy can be applied on 5 minutes, 15 minutes, and 30 minutes time frame to get an entry price and enter into trade. Once the trade setup is properly analyzed and entered while maintaining stop loss on each and very trade, a reasonable return on intraday basis is certain.

DCBBANK 1 year Daily Chart

DCBBANK 1 year Daily Chart
In the above example, we can see the 5 day simple moving average line is above the 8 day moving average line, RSI is at the level of 45, which confirms that we can take a BUY at this price. MACD turning from negative to positive further confirms that this trade at this price can be entered.

So suppose you enter this trade: BUY DCBBANK at CMP of INR. 182. Now the next question that comes is what will be the stop loss? In intraday trading, generally the stop loss are kept at previous day low price. In this case, the previous day low was at the level of 178.

The target depends on case to case, But it is always good to maintain return of 2 percent from any trade setup you enter.

So in this case:
Target = 2% of entry price
           = 2*182/100
           = 185.64
So our trade setup is BUY DCBBANK @ CMP-182, TARGET 185-187, SL-178.
DLF 1 year Daily Chart
This is a simple intraday trade setup strategy. This strategy works very well in a time frame of 15 minutes, 30 minutes, 1 hour, and 4 hour charts.
Market
National Stock Exchange (NSE)
NSE - Sectoral Indices
NSE - India VIX Index
RBI
SEBI
Products
Equity Subscriptions: Paisa Wasool | BTST/STBT | Premium Equity | Short Term Equity Positional

​Research Advisory: Portfolio Management 
IPO Allotment Status
BSE India
Karvy Computershare
Link Intime India

Community
Knowledge Base 
Blog 
Telegram 
​Careers
​FAQs 
Archives
Model Portfolio 
Morning Release
Technical Outlook
Listed IPOs 
Support
+91-91136-01810
WhatsApp only
Contact Us 
NISM Research Analyst & NISM Series XA (Investment Advisor) Reg. No.: NISM 201600039905
Home | Terms of Use | ​Privacy Policy 
Designed & Developed by folks at ​Us Content Studio
© 2017-2018 Stocks94 | Reproduction of articles, photos, videos, or any other content in whole or part in any form or medium without written permission from Stocks94.com is prohibited.
  • Home
  • About Us
  • Products
    • Equity Subscriptions
    • Research Advisory
  • Research Corner
    • Model Portfolio >
      • April 2018
      • March 2018
      • Wealth Creation Ideas for 2018
      • Model Portfolio Archives
    • Morning Release >
      • 26 April, 2018
      • 25 April, 2018
      • Morning Release Archives
    • Fundamental Analysis >
      • Bharat 22 ETF Analysis
      • Ceramic Industry Analysis
      • BPCL: Supportive Technicals to bet on for Short Term Trade
    • Knowledge Base >
      • Technical Analysis of Mirza International
      • Trade Setup using Fibonacci Convergence or Confluence
      • Technical Analysis of Deepak Fertilizers
      • Technical Analysis of Asian Paints
      • Price Action, Open Interest, & Volume
    • IPO Corner >
      • Listed IPOs
  • Trainings
    • BTAP - Basic
    • BTAP - Advanced
  • Blog
  • Support
    • Social
    • FAQs
    • Contact Us
✕