[00:09] that we will learn a strategy from market experts on this channel, today we will learn this strategy, guys, this is going to be an intraday strategy, right? So first of all, guys, we will understand
[00:27] many such strategies available in the market, but why are people not able to make them? First of all, it is important for us to understand why losses occur in intraday trading. So, guys, I believe I believe that the first important thing we have is
[00:41] a trading plan. If you do not have a trading plan, that is, we are going to execute something and you do not have any plan for it, then this is going to be the biggest problem. So today we will understand that basically,
[00:57] before understanding any strategy, what things are needed, what things are very important. Okay, so my overall experience is of 17 years in this market, so after gaining this experience, I in this market, so after gaining this experience, I understood one thing very well that intraday
[01:11] trading is full of opportunity, every time there is opportunity.  Every time you enter the market, you'll see that there's an opportunity, so how do you tackle it? So, so how do you tackle it? So, I've made a simple rule for this: trade anything,
[01:36] anytime, anywhere. This is the biggest reason for losses in the stock market, guys. That is, you trade anything you've been convinced to trade, it's 3:31, right? There are
[01:54] 15 minutes left for the market to close, but you trade. Let's trade options. You're traveling in a cab, going to the office, but you trade. So, guys, these are the three biggest reasons for losses in this market.
[02:09] So, today we'll talk about the first one and simply say no to these three, and simply say no to these three, meaning you don't have to do anything, you don't have to do it anytime,
[02:21] anywhere. So, what do you have to do now? Okay, so these were the three reasons. Now I'll Okay, so these were the three reasons. Now I'll tell you three steps to follow. So,
[02:37] what do we have to follow? The first is stock selection. The second
[03:02] selection. This is the million-dollar question: stock selection. That is, if your selection is perfect.  If the selection is perfect, the market will definitely reward you. Now, once the selection is done, then whether there is a setup in it or not, that is, see the selection. There are many selection
[03:18] methods, but according to that, whether the market is performing or not, the your setup according to long or not, if you want to take a short trade, then is your setup according to short or not, this is important, so the selection is done, the
[03:32] setup has also matched, then the third is action, now action has to be taken, now it is not like that, brother, if I see there is a trade of Doctor Ready, then let's do 50 quantity, if I see there is a trade of PFC, then let's do 3000 quantity, never, so here one small thing and we will keep in
[03:47] never, so here one small thing and we will keep in mind that is action with risk management, this is important, it is necessary to do right risk management, that is, we will take action, but along with doing risk management, right, so we have to keep three things
[04:03] in our mind, we have to set in our mind that whenever I do intraday trading, when I have the selection, right otherwise every Time there is opportunity, how to tackle it, setup and then action is perfect, so today we are going to
[04:19] learn a strategy that is a sectoral strategy, this is my one of the sectoral strategy, this is my one of the best strategies, right, that is sector, every day you will see that some sector or the other is performing, like sometimes you see pharma performing,
[04:34] after a few days you will see IT performing the next day, right, if you look now all the sectors are falling, right, then some sector or the other is top performing and you will see that, that is where you will see the most momentum, right, so you must be
[04:49] understanding the meaning of sectoral strategy that we are going to trade in the sector, right, that is we are going to trade in the sector, but in which sector should we do it, upside sector or downside sector,
[05:05] so for this it is important that I know the sentiment of the market, brother, that I know the sentiment of the market, brother, what is the direction of which market today, okay, so the simple rule is that guys, you have to open the NSC website,
[05:19] come to the market, the market opens at 9:15 in the morning, give it 5 minutes, let it settle comfortably give it 5 minutes, let it settle comfortably
[05:31] declines. You can see these advances and declines. Guys, if there are more declines in the market, you can see clearly advances and declines. Right, if the declines are
[05:44] more, then the market sentiment means you have to check Nifty 50. You will open the NSE website directly and you will see it on the front page. You will see advances and declines on the first page. In checking this, you will get
[06:03] or the advance is more. If the decline is more, then that day we will choose the downside sector, that is, the sector which is falling the most. If the advance is more, then we will choose the upside sector, that is, the sector which is performing the most. Right, you will
[06:18] see that I have added all the sectors in Zarodha. You can see all the 11 sectors. Right, these are the entire 11 sectors in which we have to trade. Right, Nifty, Metals, PSU Banks, Finance Services, FMCG, Private Banks, Auto, IT,
[06:34] Media, Energy, Realty  Pharma and this is Gift Nifty and Nifty January future, leave this aside, there are 11 sectors in which we trade. Right, now in the morning I which we trade. Right, now in the morning I saw it at 925. Right,
[06:50] I checked at 925 at 9:25 and 9:25 and checked whether the advance chance was more or the decline was more. Right, let's suppose if we look at today's market, there were
[07:05] more declines, that is, today we will choose the downside sectors. Now see, these are all the sectors. For this, you can also use Trading View. You can also use this Trading View. You can also use this Trading View.
[07:20] now we have to select which sector has fallen the most. Right, what do I have to select now? Which sector has fallen the most? Okay, so what I did just now is I went to Percentage from here and shorted it, saved it. Right, and now easily we can
[07:34] check which one has fallen the most. Right, if we look here, I shorted it just now. I will do it again and show you once. You need to click on the Settings, Percentage and save.  This
[07:49] order right and if we look here, it got shorted easily and I can easily see the sector which has fallen the most, that is, the media sector is down the most. Okay, at number two, our IT is down, so the media
[08:05] sector is down the most. So now we have to trade in media stocks, that is, I have trade in media stocks, that is, I have understood that there were more declines, the media sector is performing, it is the top performing sector, so now we have to trade in its stocks.
[08:17] Now we should have a list, that is, which stocks are there in the media sector, which stocks are there in the IT sector, so we should have a watch list because last, when we go at the time of execution and I will remember which ones are
[08:30] in IT, then two, three, four will come to mind, two, three, four will be forgotten, so we should have a watch list, so for the watch list you can use Zaroda, sorry, you can use Trading View, you can use multiple platforms, I personally use AMB broker, I
[08:44] use Trading View, I will show you the Trading View. Right, from here I will show you this, I have  I have made a list of some sectors, right, you can see banks, energy, finance services, FMCG, IT. So, now I know that if I click on the media sector, then
[09:01] easily I can see these are the stocks available in the media sector. All the stocks available in the media sector. All the gamma is seen down at 75, right from here, so easily I can see, right gamma is seen down at 75, right from here, so easily I can see, right from here I
[09:15] can also short, the price has fallen to 65. Right, so which stock should I trade? I have found all these stocks of the media sector. Now
[09:28] I have found all these stocks of the media sector. Now which stock should I trade? It is simple. What do we have to look for? A simple setup. What setup do we have to look for now? Okay,
[09:47] see, this is the previous day high, that is, yesterday's high. Right, this is the
[09:59] low. Perfect, that is, when any stock of the media sector is trading in the middle of this range, I will not trade. Okay, now
[10:13] I will not trade. Okay, now I want a stock that breaks this range downwards because I am going to trade downwards. Right, if the media sector was down, then what do I need? A stock that breaks the PDL, that is, the previous day low.
[10:27] stock that breaks the PDL, that is, the previous day low. Right, what is the setup? Simple.  If this is a setup, what do we need to look for? We need to look at the 5-minute time frame. look at the 5-minute time frame. We will use the 5-minute time frame.
[10:39] What do we need to do? It's simple. I need to see that the 5-minute candle closes below the previous day's low. candle closes below the previous day's low. Okay, that means it closes below the Okay, that means it closes below the previous day's low. That's simple. I've
[10:52] seen the close below the previous day's low. The red candle will close below it. It closed here. below it. It closed here. I'll call this candle the master
[11:07] candle. Now, because of this master candle, I'm planning to short. Now, the I'm planning to short. Now, the next candle is a follow-up candle, and I'll call this candle the confirmation
[11:28] two back-to-back red candles on the 5-minute time frame. Back-to-back reds are Back-to-back reds are perfect. There's one more condition here.
[11:40] perfect. There's one more condition here. Many times, what happens is that the first candle itself goes down to 4. Many times, what happens is that the first candle itself goes down to 4. Now, what should I do? Sir, if you want to avoid it, then write a rule that there will be a 5-minute candle and if the first candle is
[11:54] formed above 3, then what will I do? I'll ignore it and move to the next one. If the second candle is move to the next one. If the second candle is first candle should not be there. Now the second candle is also important because what I am going to do below this is I am going to
[12:07] is also important because what I am going to do below this is I am going to sell and what I am going to do at its high is I am going to place a stop loss. So this candle plays a very important role because it will decide how much risk
[12:20] reward we can expect. That is why we have made a simple rule that what should be your stop loss. It should be ideal. That is, stop loss must be ideal
[12:34] stop loss must be ideal and we have fixed its value that should be maximum 1 per cent of the stock value. That is, if the value of any stock is 00, then what can be the maximum stop loss?
[12:49] 00, then what can be the maximum stop loss? ₹. That is, maximum % of the stock value is clear. The first red candle is of 5 minutes back to back. The second red candle is of 5 minutes. Below this, I have initiated a short. This is a
[13:12] Why am I saying this? This confirmation? I am worried about the high. This high.  There should not be a break, that
[13:30] is 1 2 right 1 2 this will be 1 2 right 1 2 this will be my immediate target right immediate target will be 1s 2 now we can get more targets so the simple
[13:47] rule is 1:2 we will book half the quantity and the remaining quantity we will hold till 315 is clear now let's understand the same Ba
[14:05] so let's understand Ba so what did we say for Ba brother what do I want above the previous day high PDH or PDH high the first five minute candle should break out that means it should close above it five minute time frame
[14:25] same right first candle is done this is master candle second candle should be green tomorrow this candle second candle should be green tomorrow this is a confirmation
[14:37] remain the same it should not be more than 3 par and this confirmation candle that should not be more than 1 par of the stock 1 par of the stock value
[14:50] okay so here people get confused what is that Let's see, I saw the high and low, Let's see, I saw the high and low, sorry, I saw that the close is less than 1, but you have to see the high and low, that is, the difference between its high and low, let's
[15:03] suppose here its value is 20 and this low is 200, so what is this total difference, and what is the value of the stock 200, so this is less than 1, so this is fine, so we will
[15:17] buy above the high, we will keep the low stop loss of the same candle, my target immediate my target immediate target is same 1:2, I want to book half the quantity, target is same 1:2, I want to book half the quantity,
[15:32] will wait till 3, why 3, I say again and again, who are we to decide the target, right, we say that the market is God, we say that the market is God, so we will leave it to the market, who knows, we might get
[15:46] so we will leave it to the market, who knows, we might get 10, we might get 20, I believe that we get 20 also, but we should know how to stop, this is important, okay, so now I understood the setup, now let's see what has happened in the media sector today,
[16:02] now let's see what has happened in the media sector today, okay, so now  This Saregama chart is in front of you. And see, the first candle, so everything that is happening is happening below the day low. It is very clear. The first candle is
[16:17] very clear. The first candle is at 2.82, so it will work for me. But what is there right now? The follow-up candle, which is a green candle, right? So that is is a green candle, right? So that is not my setup. Let's look at the next stock. The
[16:30] not my setup. Let's look at the next stock. The first candle is 2.40, but the second candle first candle is 2.40, but the second candle is green. That is not my setup. The is green. That is not my setup. The first red, the second green, not my setup.
[16:49] How much is the first candle? That is perfect at 1.68. The situation is ideal. So, simple. What do I have to do?
[17:05] What do I have to do? Go for the short below the same candle. The high stop loss of the same candle. So, both my conditions have matched. What we learned is below the PDL. Brother, this is your PDL, right? From here, it is
[17:21] working below the PDL. And see, the same setup that we just learned. The media sector was setup that we just learned. The media sector was down in the morning. And now this first candle is perfect. This is the master.  Candle second candle, this is confirmation and below the confirmation we
[17:34] confirmation and below the confirmation we
[17:46] So for this, it is also important to have an exit plan. Immediate target, so we discussed that brother, it should be 1s 2, our immediate target should be T,
[17:58] so after that we can set the cost and wait till 31, but many students have this thing in their mind, many people have this thing that brother, we were getting 1.45,
[18:10] we were waiting, suddenly there was a spike, sir, all the profit was gone, so what can we do in such a case, see, in such a case it
[18:23] is simple, what will we do, let's suppose we talk about short, first the
[18:40] right, you have already booked your half, what is half quantity, what is book half quantity, what is book half quantity has been booked, that is, T has been achieved, this is a good risk reward ratio, right, so
[18:55] what do we have to do with our stop loss?  Quickly put the cost here, this is called CSL cost stop loss, so now the trade is risk free, now we will wait, okay, but many times it happens that the price goes down to 1.56 and suddenly the CSL gets eaten up, then
[19:10] all the profit is gone, so there is a simple logic for this, what is the simple logic, we will use an what is the simple logic, we will use an exponential moving average and its value will be 10, okay, so what will we do here, we will put an exponential moving
[19:24] what will we do here, we will put an exponential moving average, it will work like this, average, it will work like this, right, and as soon as this EA gets a close above this mark, right, and as soon as this EA gets a close above this mark, right, as soon as I get a close above this mark,
[19:37] right, as soon as I get a close above this mark, trailing stop loss on its high, okay, so there are two ways, first book the ticket,
[19:50] put the remaining cost loss and forget it, there is a probability that you can get 1, 10, you can probability that you can get 1, 10, you can also get 20, second use exponential also get 20, second use exponential moving average 10, this candle
[20:03] will close above this mark, the green color candle will close above its high, exit  Do will close above its high, exit  Do it, so now if we put
[20:18] moving average indicator here, change its value to indicator here, change its value to 10, right, then according to this, let's see what reward it
[20:34] I got an exit somewhere here, you see, this green candle gave a close above this, I will exit above the same high, but if I had taken a trade here,
[20:48] but if I had taken a trade here, booked 1:2 half and left the target at what, left it to God, that is, left it to the market, then what did I get, till 315, that is more than that, right, what did I get, till 315, that is more than that, right, so this is the benefit, personally if I were to tell you one
[21:04] thing, I would explain that the entry can be the same, the exit will not be the same for anyone, so what I prefer, what I personally use, I always booked 1:2 half quantity or booked it at 30, remaining with cost as I will wait till
[21:22] remaining with cost as I will wait till 315 and guys, believe me that the entire 315 and guys, believe me that the entire market is in this 315 today, that is, you should know how to wait, you need patience if you want to trade Patience is needed, see,
[21:37] who are we to decide the target, no one is there, now I will say the same thing, God said do your work and don't worry about the results, so why worry about the results, wait till then you will see, the reward is amazing, it could have fallen further to 5, if you get such stocks then you have to
[21:54] use a simple method, so now you have understood the entry, you have understood the exit, right now the risk management is fine, that is, you have understood the selection, what was our first point, selection, selected the
[22:06] what was our first point, selection, selected the sector, setup, same two candles, red to red, understood where to enter, exit, where to place the stop loss, action, many people make the mistake here, see, it is a small stock, let's do 5000 quantity,
[22:23] small stock, let's do 5000 quantity, never do this, never do this, see, this is a simple, you will have to keep a calculator, okay, or you will have to keep an Excel sheet with you, so what do you have to do, just look at the
[22:36] what do you have to do, just look at the difference between the high and low of this candle, right, so what do you have to do, we have to find the size of the high and low of this second candle, right, high and low, okay, so where are the high and low visible here  It is visible that
[22:52] 114 11.6 and low is 11.6 and low is 113 3 5, so you have to find out this difference, 113 3 5, so you have to find out this difference, okay, that means if we consider it roughly, then
[23:05] okay, that means if we consider it roughly, then my risk is approximately ₹ 30 paise, right now I have a risk of ₹ 30 paise, okay, that means now I have to divide it by 1000,
[23:17] let's suppose I am taking a risk of 1000, so what to do, risk of 1000, so what to do, you have to divide 1000 by 1.3, whatever quantity comes, you have to execute it, what will be the benefit of this, if a stop loss is applied,
[23:32] if my stop loss is applied, then I will lose only ₹ 1, if my stop loss is applied, then I will lose only 000, this is most important because if
[23:44] we do not manage the risk, if we trade such random quantities, then there are chances of incurring huge losses, so keep this in mind that action has to be taken with risk management and guys believe me  If you follow this simple method, then nothing else is
[23:59] required. This is a perfect setup in itself. It is a perfect result. Okay, we cannot backtest this setup because we don't know which sector performed which yesterday. So we cannot backtest it.
[24:15] I have just shown it to you live. Okay, today the media sector was down in the morning. If you want, you can verify it in the morning. You can replay the bars in Trading View and check which sectors were up and down today. In the morning, the media was down
[24:31] and in the media, I created a setup in the SEEL. And you will see perfectly, it has you will see perfectly, it has given us the result perfectly. So, test it further. Practice. The more you practice, the more your
[24:46] results will be fine-tuned. Okay, and if you have any queries, then tell me in the comments. Definitely, I will reply there. Okay, so that's all for today. We will meet again for today. We will meet again with a different strategy. Till then, thank you.