its VWAP, it say simple thing if market is above it, market is positive below it, its negative moving around it only, then its sideways problem is we often confuse luck with skill bought here is luck & right time is skill how to take entry and exit? this is supertrend then traling sl hit worth of course should be atleast 1lakh people selling fake courses for intraday you will get free in this video, timeframe, price action, any indicator if any risk mgt, position sizing or any rules specially for new bees will discuss in video can be bit lengthy, but will be worth it and knowledgeable for intraday, i have invited one of my favorite, intraday specialist, Abhishek Kar sir he will teach how to trade in intraday subscribe channel and press bell icon please for intraday we discussed that will learn on intraday i do positional alot i pick inside bar or round bottom in intraday people have problem of screen, liquidity what setup i form in intraday will bring answer of all in this video today will start from very basic, answer to all be it beginner, like what is intraday etc will answer one by one, for your viewers we took practical trade as well today i guarantee your audience if watch full video will not require to do any class means A to Z for intraday, can i use it as thumbnail for video? lets start, what difference in intra and scalping? scalping is part of intra this chart is of 15mins, this is intraday move and lets change it to 1min this is for person who want to do scalping what is scalper finding? i am exlpaining on basis of price action only here support formed so he will pick here and exit at this price only in 2mins only if we talk about intraday in 15mins who avoid 1-2min trade, he look for big frame here its base formation, wicks telling selling pressuring but not succeeding so a range is formed now, day trader will wait this range break i take entry lets see it in 5min chart to make viewer understand it we were talking about this range once this candle form he will enter ques is should i take 5min or 15min? scalper play majorly in 1 or 3min our job is to give right knowledge scalping is very risky i am scalping, but i have 11yr experience order execute, exit is not easy but difficult in 5min its comfortable comparsion to scalping O=L means buying pressure in this candle green candle its bullish, range break its bullish, and big range break of whole day its easy trade for intraday trader now coming to your question of 5/15min closing drawing, lets move to 15min now same happened in 15min also base formed and this is breakout candle this candle already so big trader using 15min, major momentun is already done here luckily another candle formed, generally price move down again comment your experience below you can see here as an example see base formed here, one wick on top and then fall below with big candle 15mins will increase your risk it can be done on treding day not daily not easy to get such chance daily 15min is for those who trade rarely 8-10 trades in month and do high probability trades only 5min is done by daily trader now whats your another question? should i go for bluechip stocks or for indexes? will answer it on plain figure stocks like, reliance, sbi and hdfc v/s nifty or BN? issue is of liquidity adding one more of finnifty,midcapnifty also liquidity always there on these stocks consider them as nifty top10 stocks and these are major indices begineer - start from stock anyone who started now or been 6months only choose stock why? feel momentum of market. take example of swimming only that feel these stocks will give stocks give you variety, when action came in stock? qtr result, recent is of sbi, liquidity is good in these stock, BO and BD is good its confusing in small caps, as liquidity and volume is very less in them 3rd and most imp is in cash you can learn in small quantity you asked with what capital beginner should start? start with 1000 max. try to understand, people will say start from 50k who want to jump as full time trader i am saying it for those who want to test and recently opened dmat not all have money scarcity, people say i have 50k why i dont start with 50k? will earn more, brokerage will be saved 1000 is for testing not for job i still remember when i opened dmat asked friend what amount to invest? he said which can be loose wholly i started by 3000, by luck gained profit when i saw i can trade in positional, then i started with 30k and i had 2-2.5L savings seperataely in same sense i said it, F&O cannot be done can buy out of money option which will be 0 definetely 1% when very big move came that is gambling, 1000 can done as testing for self start with leverage of 3x then 5x aim not tax, see tax to calculate how much profit should earn do confidence building exercise here after 3-6month you start learn somethings you see weight of stocks that can move nifty similarly with banknifty you will learn these practically then increase capital and jump to index for testing should come form 1k to 10k, 20k? assume you have 10k ready to loose amount treat banknifty as your girlfriend its your fees of coaching class you can waste it 10times with proper planning strategy take example, new job joined and saved 1.5L in 3month and say will invest all 1.5L and want to become full time trader there are two probability, initally profits you have now 2.5L from 1.5L, and over confident but no focus on risk mgt, position size next month 1L loss, then 2L profit and then one wrong trade, do averaging and its 0now now market is gambling its problem understand psychologically 1.5L is hard earn money same person use 10k only now and saving keep increasing and learning also want to experience then why use 1.5L start with 10k only that too with real experience for full time trader how much capital required? atleast 2yr saving should have never know what will happen, many layoffs covid also if no profit in 1-2yr should have term, medical insurance these are 3min requirement i say 3yr saving, method of calucating saving depend on cities you live, family members also depends on loan, delhi one 6L p.a for 3yr is 18L in your ex, say 2yr will be 10L dont be afraid will tell all details how it is managed its for full time trader only there are companies paying well in 2-3yr exp only no one can complain for qualification if work on skills, can reach here by 5yrs easily problem is we want it today only for ex, i start new business, need capital for that? can expect big sale in day? not telling negative, but being realistic stop comparing yourself with outliar people want to become warren buffet for last 60yrs no another warren buffet came chance of happening is 1/100000 atleast take it positive, it takes time not impossible till that time you do swing trading, subsribe vibhor channel for that swing trading can be done by 20k, 50k today will do it for intraday trading lets move to charts now and see what should intra trader do for month what you think it should be? observe market? at what time nifty/BN/stock is volatile i do stock specific you do index specific for 5-10 days observe volatility of that be in front of screen if intra trader although i will tell you need 30min only backtesting is not intraday, 2nd you make your strategy and start with 1share atleast mine is sit on live market but dont trade and observe whats happening when learning use big timeframe as noise is less i saw rishikesh he use monthly there purpose is to ignore noise only 1st observation, 1st candle of day formed high not breaked, lets discuss ORB, its simple watch for 1st 15min, can be of 30min,1hr no trade until candle close of 15min any side see it didnt breaked, ever thought why? force required for momentum with heavy qty. practically, there are algos sitting algo is trying to protect it, thats why picking up from dot machine is fast from us see this range was hold, then breakdown 1st leg selling, 2nd leg selling and then fall mark 1st 15min high low for ORB anyside break come, take trade beginner should do 30mins, 1hr also range not brake its first observation mkt trying to go up, this level didnt broke yet of 44050 its psychological level many people are active at these level let say day trader missed this move, we picked it how we picked i will tell you at what level you will take short trade, resis zone its same which happened 1day before 1st you observe for beginner any zone break by big daddy candle people do mistake and short will discuss live trade, good range formed here, come from exp power of day trader? price action everyone know, gap up down? try more liquidity? no thats no the power its intution which comes with exp. no one can become within day my exp told its tight range, low didnt broke at psychological level and didnt broke low, i sold 10-15lots here positonally you now reason of it what is it close above? position cover? i will exit not do adjustment highest likes on inside bar 5k, 15k likes next swing strategy master call in free follow cushion concept, every day trader should follow, make note cushion is for suport it came when in morning decent profit done not give back to mkt, its cushion out of profit of 10, will make 4 as cushion so will take of risk of 4only in 15day i trade, this cushion hit for 11times for 4times, this 10 go to 20 at risk of 4 i make 20, this positional short is my cushion we have profit make cushion? if had loss then? make rule of 3 everything have 3 mostly, 3gods, muhavara also list also top3 not top4 you know max loss to bear in 1day not burn all in 1 trade, take in 3parts 3k loss trades 3 times, 1k is of tax then stop here cushion burnt never take trade techno basis and carry on funda basis let me explain it you bought tata motor, result came and fall down cushion not breach yet but you think its good stock, you bought it all as dont want to take loss now thinking of funda, then 3 gap down like happen with adani now adding at low, they become from intra to positional trader, dont do this mistake intra position square off same day, dont carry further will share my loss position also we keep thinking we exit, but we dont lets see why trade taken this is not only reason, adding 1indicator my fav indicator, people say me dr vwap its simple, market above it its positive below is negative, around is sideways this is of yesterday, i make 7.5L yesterday enter at 32 exit at 120 sideways then breadown, here also same 1st logic, base/support formed 2nd clear cut rejection,wicks 3rd standard volume, i see BN leaders also should see major consituents definetely in BN see top3, Nifty50 see top6 in heat map i see sector of that day it was IT sector today yesterday expiry happned, today doing recording it was psu as of sbi result 4th is vwap with consolidation plus good big daddy candle otherwise many people start buying here retailer buy out of money CE telling as beginner do mistake, must have make money today and confidence up another day move came later at 3.15pm lost all money here use correct strategy for confidence building we confuse luck with skill skill is when enter at right time and all parameters met, profit is 1.20L why? because i see resistance here 15lot because of cushion concept if did it with same qty, all profit is loss -1.30L he make money by 12, then loose by 3pm all same happen here at day end P/L is not imp. people earn 10cr its for clarity only, people get pump up by see it see order book now, there are multiple order due to which its 1.30L running carry or not is my case, will see later as its positional, intra is closed by eod why show vibhor asked to show practical it builds confidence, need intution, confluence we all do training of 500 to 25k this will come from exp only problem came when learn 50% and loose all capital intraday is not shortcut to make money, its not that easy i got this, but lets go more in deep intution, 10k capital, cushion all these i got it how to make setup step by step ok lets do crash course here 1st is capital and 6month practice, 2nd choose asset class, intra also in Fx, commodity 3rd equity, 4th F&O of index, stocks decide based on 3factors - time, risk capacity F&O max risk, comodity & Eq have moderate risk it can increase based on leverage judge your risk profile, if low risk go to swing trading then come setup you trust i do chill on twitter with family, just need 30min and earn and done for day can do ORB setup or OH OL setup if O=L, buy on close above it, profit take then exit do vice versa for O=H as its selling pressure for main setup, need to do backtest but not have money for that you do at your end on charts, chartink backtesting is free, make your mind using indicator, PA with indicator, i use hybrid PA is candles, indicator is which are more prominent, vwap, rsi, volume, BB, MA test according to your setup all MA, supertrend/ ATR is for trailing for example see this, many que of how to entry, exit, best combination is 7,10 will make seperate video for it, nice setup for swing trading next is your Risk mgt, R:R if not 1:2,1:3, not take those trades, see this watch any other day, todays we saw O=H, selling came, it come from experience its 15min, see vwap, not such move you can see good move in 5mins no trade in O=H trade as risk is not favorable how to set next target? set your risk reward, set time based target i do it alot being a scalper if no target in 5min, will exit this will save my money this way can ride trend so many examples, see big daddy candle and Vwap make target of next 10-20min next point worth of 1L cost basis exp. not to trade for whole day reason is momentum in intraday came at 2 timezone 1st 9:15 to 10:30am then market is sideways, wait for european market to open, then after 2pm move come basis R:R, take small risk in consolidation time on expiry day after 2pm in which vibhor is champion which is hero zero move come after 2pm, there are some reason i will tell you premium dilute, theta is low, gamma is volatile one gama will do the job see 15min chart of yesterday expiry after this candle its below from 43900 to 43700, rejection , morning high not brake red candle followup, volume after here premium is very low as sellers have more intelligence dont wait for 2-3pts now most imp point, that is psychology we are emotional fools thats why not all succeed in intra market always do rule based trading can do by algo make your rules, use power of 3 use time zone, use position sizing do high probability trade only not taking trade is also trade dont make techno trade to funda trade dont be fomo, remove from watchlist instead dont check any social media do after that will not regret much then, get use too of it avoid trading on revenge, make rule of it dont use full capital 80% its psychology, dont take ego dont hold wrong trades must put SL for intra trader, for swing we have time see volatility of this candle of 250pts SL trigger for all longs all positive signs here, all saying will go up and expiry day, premium went all always Put SL on system for day trader and expiry also on expiry day its wick which have whole game always keep bit into system last 2 rules, dont give any deadline to yourself for some it can be 6month to 2yrs same for daily trading,that is 10th rule dont do daily trade end goal is make money with peace cannot find high probab setup daily wait for right setup boss and then trade follow all these rules how can make setup, do combination do self testing of indicators add vwap with inside bar also, do hit try way dont compare but get inspire only take your time dont do daily trade do only on high prob day that is all, hope you learned something now i also learned alot of things today next series will be on swing for who dont have money we giving all to you position show was not to showcase only vibhor asked to show practical thats why thanks, comments for next strategies, concepts thanks for watching lots of love, thanks Abhishek sir, take care!