*** Intraday Setup ***
This is shared by @Kuldeep222786 sir in last month . I am testing since 1 month it is working good. You can use this setup for intraday buying or selling.
This setup required two indicators pivot points and Vwap and previous day closing VWAP.
This is shared by @Kuldeep222786 sir in last month . I am testing since 1 month it is working good. You can use this setup for intraday buying or selling.
This setup required two indicators pivot points and Vwap and previous day closing VWAP.
Buying setup :-
1. Today vwap should be above the previous day closing vwap.
2. Price should be above both VWAP
3. Time frame 5 Mints.
4. Candle should be cross any pivot point with 50% body.
1. Today vwap should be above the previous day closing vwap.
2. Price should be above both VWAP
3. Time frame 5 Mints.
4. Candle should be cross any pivot point with 50% body.
5. Entry should be high of the candle and SL is below that candle or below that pivot point or 100 points in bank nifty / 30 points in nifty in case candle length is high.
6. Book half of the quantity with 1 R:R and trail remain quantity.
6. Book half of the quantity with 1 R:R and trail remain quantity.
Selling setup:-
1. Today vwap should be below the previous day closing vwap.
2. Price should be below both VWAP
3. Time frame 5 Mints.
4. Candle should be cross any pivot point with 50% body.
1. Today vwap should be below the previous day closing vwap.
2. Price should be below both VWAP
3. Time frame 5 Mints.
4. Candle should be cross any pivot point with 50% body.
5. Entry should be low of the candle and SL is above that candle or above that pivot point or 100 points in bank nifty / 30 points in nifty in case candle length is high.
6. Book half of the quantity with 1 R:R and trail remain quantity.
6. Book half of the quantity with 1 R:R and trail remain quantity.
@Kuldeep222786 Thanks for sharing this setup sir. I am option seller this setup i am using for selling confirmation. For reference you can watch below video.
youtube.com
Happy learning and Happy weekend๐
youtube.com
Happy learning and Happy weekend๐
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