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If You Pay Attention to This Much, You Can Make Daily Profit | Intraday Trading Tips in Upstox

0h 13m video Published Dec 10, 2024 Transcribed Aug 6, 2026 A ALL4GOOD
Beginner 4 min read For: Beginner intraday traders using the Upstox app who want to learn basic strategies and risk management.
AI Trust Score 60/100
⚠️ Average / Some Fluff

"Delivers practical tips but padded with repetitive explanations and a long intro."

AI Summary

This video provides practical tips for intraday trading using the Upstox app, focusing on market trend analysis, stock selection, and technical indicators. The presenter emphasizes the importance of not trading blindly and using tools like pivot points and RSI to make informed decisions.

[00:06]
Introduction to Intraday Trading

The video addresses both profitable and loss-making intraday traders, promising useful tips for all.

[00:55]
Using the Discover Option

The Upstox app has a 'Discover' section that provides market insights, helping traders avoid blind buying.

[02:17]
Market Trend Analysis

Check if the market (Nifty/Sensex) is up or down. If it's up (green), consider buying; if down (red), consider selling or shorting.

[03:47]
Top Losers Strategy

On down days, look at 'Top Losers' to find stocks likely to fall further, enabling short selling for profit.

[05:25]
Stock Analysis Before Buying

Before buying, check the stock's summary: current price, open, high, low, previous close, and circuit limits (upper/lower).

[07:30]
Buy/Sell Percentage

Pay attention to the percentage of buyers vs sellers. If more sellers (e.g., 51% sell), the stock may trend down.

[09:26]
Chart Analysis with Pivot Points

Use the Pivot Point indicator to identify support and resistance levels, aiding entry and exit decisions.

[12:18]
RSI Indicator

Use RSI to gauge overbought/oversold conditions; buy when RSI is low (e.g., below 30) and sell when high.

[13:02]
Setting Stop Loss

Always set a stop loss to limit losses, as trading without it increases the risk of significant loss.

The video concludes that by paying attention to market trends, stock analysis, and technical indicators like pivot points and RSI, traders can reduce losses and make consistent profits in intraday trading.

Mentioned in this Video

Tutorial Checklist

1 02:17 Check market trend (Nifty/Sensex) in the Discover section; note if it's up (green) or down (red).
2 03:47 If market is down, select a stock from 'Top Losers' to short sell.
3 05:25 Before buying, review the stock's summary: current price, open, high, low, previous close, and circuit limits.
4 07:30 Check the buy/sell percentage; if sellers dominate, consider selling or shorting.
5 09:26 Open the chart and add the Pivot Point indicator to identify support and resistance levels.
6 12:18 Add the RSI indicator; buy when RSI is low (oversold) and sell when high (overbought).
7 13:02 Always set a stop loss to limit potential losses.

Study Flashcards (7)

What is the first thing to check before intraday trading?

easy Click to reveal answer

The market trend (Nifty/Sensex) - whether it is up or down.

02:17

What does the 'Top Losers' list help with?

medium Click to reveal answer

Identifying stocks likely to fall further, enabling short selling for profit.

03:47

What are circuit limits?

medium Click to reveal answer

Upper and lower price limits set by SEBI; stocks cannot trade beyond these.

06:35

What does the buy/sell percentage indicate?

easy Click to reveal answer

If more sellers (e.g., 51% sell), the stock may trend down; if more buyers, it may trend up.

07:30

What is the purpose of the Pivot Point indicator?

medium Click to reveal answer

To identify support and resistance levels for entry and exit decisions.

09:26

How is RSI used in intraday trading?

medium Click to reveal answer

Buy when RSI is low (oversold) and sell when high (overbought).

12:18

Why is setting a stop loss important?

easy Click to reveal answer

To limit losses and reduce the risk of significant loss.

13:02

💡 Key Takeaways

⚖️

Market Trend First

Emphasizes checking market direction before any trade, a fundamental principle.

02:17
🔧

Short Selling on Down Days

Introduces a strategy to profit from falling markets, often overlooked by beginners.

03:47
💡

Buy/Sell Percentage

Provides a simple sentiment indicator that can guide trade direction.

07:30
🔧

Pivot Points for Support/Resistance

Shows how to use a built-in indicator to identify key price levels.

09:26
⚖️

Stop Loss Essential

Reinforces risk management as a key to consistent profitability.

13:02

[00:06] many people who make daily income by trading intraday in the stock market, and there are also among us who have lost all their money by trading intraday. So if you are one of these people, whether you are someone who makes profit by trading intraday or

[00:26] this video will definitely be useful for you. So, in going to show you what things to pay attention to when trading intraday using the Upstock application. So, if this is the first time we are watching our channel, then

[00:41] definitely subscribe to our channel. So, let's take a look at Upstock application on our phone. When we open it, we know that when we open it, it will look like this. For those who

[00:55] this. For those who interface will look like this. Then, when we use the application, there is an option called Pro Model Discover here. So, many people just buy any stock intraday this morning,

[01:10] buy any stock, then sell it. There are those who think and blindly then sell it. There are those who think and blindly then after some time, when the price decreases, they sell it

[01:23] make a profit. So instead of taking it blindly, we can just close our eyes and buy any stock. The close our eyes and buy any stock. The

[01:37] has given us some things that we can trust. If we pay attention to that one thing, we can make a profit. Similarly, many people get tips on WhatsApp and Telegram. After someone says those tips or calls, the stock will go

[01:50] up on that day. If you take an entry at this time, you can take an entry at this time, you can So even if someone gives you a recommendation like that, isn't it

[02:03] even if someone gives you a recommendation like that, isn't it Upstox application has some things that are useful for all that. So I said, after coming to the option called Discover here, when we come down, the

[02:17] first thing we need to understand is that we are in the market today. First of all, let's pay attention to whether it is up or down. So if the market is up, what is Nifty here? What is it that we have pinned here? If it is

[02:29] or Sensex, we can always take a stock that is in Nifty. If we always take a stock that is in Nifty. If we can understand its trend. Now, if we are on the phone, we can

[02:42] see it right here when we look at Nifty. If it is in red color, we usually know that the market is down today. It will show how many points it has fallen and it will be Similarly, if we are in Bank Nifty, if we want to

[02:55] take bank stocks, then that is one thing. pin that Nifty here. So from there,

[03:08] market is up, the stock that we are going to take will go up. If it is definitely come down here, we can So today, here we have options. Let's change it to "

[03:23] so note is that if the market is going up, then we should

[03:35] going up, then we should down, it is shown in red here, it is

[03:47] today is that if we leave the stock that is going up and let's look at the stock called "Top Losers". So we

[04:02] market, what can we do? On that day, we can That is, we do not have any stock in our hands.

[04:14] What can we do after selecting that stock first? We That will help us to avoid losses to some extent. After that, what can we do? Do it again. The market trend that day is

[04:30] select below is the top losers. The fall on that day. The stock we select on that day will also go down. If that is the case, we can boldly enter that stock. When that

[04:43] happens, after some time, there is a possibility that the price of that stock will fall again. So what can we do? When it can exit it. That is, we consider it as a buy entry and

[04:57] consider it as a buy entry and profit even though we bought it first, not the second one we sold, and we can exit it as a buy. That is what is called short selling. So if

[05:09] you do it in that way when you are intraday, you can make a profit on the day when we have a loss, that is, when the market is down. the market is up,

[05:25] someone tells us about any stock, we Imagine that you are planning to do intraday trading that day, stock is good today, so if we are

[05:38] before we buy it, we just buy that stock, that is, we just click on the stock that is called Crisil, what can we do after that,

[05:52] that is, we know that when we just click on that stock, so when we look at the summary, we can see that today's market price is 5431 rupees, so we will be doing a small stock,

[06:07] I am just showing this as an example, so it is open when the market opened today, the market opened at 5272, how high is it likely to go,

[06:20] how low is it likely to go, what was the closing price yesterday, even if we are just basic, we should know its circuit, upper circuit and lower circuit, that is, when lower circuit is very important. The upper circuit, that is, today's price is the current

[06:35] Here we have a chance of the stock falling to the maximum. How far will it fall? Similarly, that is called the lower circuit. What will we do when it reaches that point? SEBI will break it there.

[06:48] They cannot go beyond that. If it We can see here 6340. So when we look at it, there is

[07:01] a line here. So we market opens that day, if the market trend is upward and the trend of the stock we want to buy is upward, if it is

[07:16] definitely take an entry. By the evening, it reaches the top within a short time, and we can exit from it before it goes beyond the circuit. So in that way, we can understand using only this one thing.

[07:30] And then, what do you see here? It is very, very important. Are there This is one thing that needs to be paid close attention to. So when intraday trading,

[07:42] many people do all this and everyone does it intraday. Those who do all this and do it regularly get profits. Those who do it without paying attention to this then blame the market and go out. So

[07:57] thing, that is, how many people are standing to buy and how many people are standing to sell. When we look at it, 49% of the people here are buying and 59% and 51% are selling. So today, we say that this

[08:13] stock is trending to sell. So what can we do if the market is up? 49 is a downtrend and 51% are selling. Let's sell it. we should look at its chart and how it looks on the chart. I will

[08:28] tell you about it. So things like this. So to 30 quantities here in Upstox.

[08:44] We can understand what we need when we look at it here, so that is also a possibility for us, so everything is always a possibility. When we do intraday trading, we possibility. When we do intraday trading, we

[08:58] paying attention to all these things, when we buy, we will have a bought after doing our research. So we have to be precise. Even if we lose, we will have the capacity to bear that loss.

[09:12] So don't take it blindly. Pay attention to things like this. Then when we come down again, if we where we stand, whether it is neutral, down or up. When

[09:26] So when we take an intraday trade, if there is any read it and understand it. Then what comes is the chart. So we should always pay attention to the chart. Open the chart and look at it. After

[09:41] opening the chart and looking at it, if you know the support and resistance on the chart, then you draw a line in that way and where you stand.

[09:56] so, if there is take an entry from that support, we can buy, and similarly, when we buy, and similarly, when we

[10:09] showing you the chart here. So for those who don't know how resistance and support are drawn, let's There we just click on it and say Pivot Point. Then we say

[10:24] click on it and say Pivot Point. Then we say

[10:37] type it in. how do you understand when I see this? When I say Pivot Point Standard. Then we we get an indicator. See, there are some lines here. If

[10:51] you don't understand when you see this, I'll show you on the big screen here in the indicator.

[11:03] so we can see that the pivot point has come here, so the advantage of this is that we can understand each of these things, that is, we can understand the support resistance on the

[11:21] mobile screen that you can see more accurately. show you that right here, or

[11:35] I'll take any chart and show it to you on the mobile. When you look at it on the mobile screen, you can see it here, you can see it like this on the mobile screen. When you look at it on the mobile screen, you can see that there are lines like this. Here, we

[11:50] level and comes down. When we look at it here, we can see that from which stock is called Crystal? I'm not recommending anything, I'm just showing it. So, let's take an entry from here, when this

[12:05] or support is broken, we can take an entry in it. Here, above. What can we do when we arrive? We we can do this by using the chart. Similarly, another indicator that we can use is called

[12:18] click on it and we just click on it and give it to RSI, an indicator will come down. So here too,

[12:36] can buy. So this is also a good indicator. So for those who by using these two indicators, we

[12:48] set a stop loss regularly. So we can set a stop loss. And after doing that, what can we do? We can also

[13:02] limit that loss. We can do this by setting a stop loss. So, at least after knowing all these things, Otherwise, if we take an entry in any stock with our eyes closed, we will

[13:17] lose. The chances of it coming are very high, so pay attention to that one thing and do intraday very high, so pay attention to that one thing and do intraday trading. Those who study properly need to

[13:29] learn many more things than this. So if you do

[13:45] reduce losses and make profits consistently.

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