Bank Nifty Trading Strategy || Best Intraday Strategy || Booming Bulls || Anish Singh Thakur

Hello everyone My name is Anish Singh Thakur and I welcome you to a strategy video Your favourite thing is strategy I have told you I'll make beginner series and also I'll give advanced trading strategies So today it's time for Banknifty and Nifty, everyone's favourite. People have been telling me for days to make something over Banknifty and Nifty, so I have made a great strategy on Banknifty Nifty which even beginners can use I used some indicators and price action and explained in a very basic manner and I have backtested for at least 1 month So I want you to take a look at the strategy and not follow it blindly, backtest on your own, after back testing, give me feedback through comments on what you think about it. I haven't told you about the target if it did hit the target, and also the stoploss if it hit the stoploss But I wish- the video is a bit long because anything that is valuable, informational, which has useful stuff, it takes times So I want you to please pause the video, like the video, and watch it when you have time peacefully. Alright let's start the video and I'll talk to you later. Welcome to this wonderful video where we'll learn a great strategy today. Merry Christmas to all of you And this is an strategy that we will be using in Nifty and Banknifty. Just like i promised, I'm making beginner series itself, And those who were with me for quite a long time, who are already trading, who needed a good strategy for Nifty and Banknifty, we are going to work on that. This is going to be an Intraday strategy and yes, beginners can also use this, but they should have some knowledge of options If they have then that's good, they can use it and if they don't then I'm going to make a video on that too. So let's start ok. So this is an Intraday strategy and i hope you have learned until how to come to tradingview.com if you have seen the trading view video If you come here, i have nifty and Banknifty in the watchlist and we'll work on both I'll show you on Banknifty But I'll show you how to place price action and indicators So in this we are going to use 3 indicators, then you'll say " I use price action" Look it's nothing like that, See price action is the most important thing, it takes time in learning that To teach its strategy, I'll have to teach you many basic things which we'll learn slowly slowly But there's a strategy which works very well and i use it I'll share it with you We'll use 3 indicators in this To open equators, we'll click here first First of all, we'll use average directional index, this indicator ok? Do you see this indicator? I have made a video on this already ok? Then again, Ok I'll write it here for you First of all, we are going to use 3 indicators here, we are going to use average directional index, indicator number one And after that we are going to use Super trend which will tell us where to do our entry/exit Thirdly, we need an indicator to filter, its name is Pivot Standard, in which we are going to set Fibonacci, ok? The most important thing to learn here is, we are not going to use simple ADX also We are going to change something in the timeframe We are going to open 5 min and watch 15 min ADX So it's going to be a bit different So I want your complete attention now. So when you come to ADX, I'll tell you what is ADX ADX is an indicator whose name is average directional index this It's an irony that given its name, it doesn't tell direction It tells us whether our stock will move or not, whether it'll go sideways or not If it goes sideways, then we'll ignore it And if it remains trending, then it is a trend strength Indicator, this ADX shown above And when it's powerful in trend, then only we'll trade So we have to look for its value above 20 Look, when I keep the mouse here, do you see 20 here by doing this? So you have to come here and draw a line on 20, like this If you press Alt+H in your Windows And if it's Mac, then option H You can drop a line like this. So after dropping the line, we have finished out first task Our next job is, as many times this indicator goes up, we have to press Alt+V here Alt+H for horizontal line Alt+V for vertical line, like this ok? Now it's out Before that it came out here And went in here Ok wait wait, not like this I'll go a little bit back You have to come to settings and change nothing in its setting you look here here Input is 14 So you'll open 5 min time frame for Intraday trading But you'll set 15 min here The most important thing to learn over here We have to set 15 here Here we have to make 5 to 15 remember, otherwise you won't get the result later Click ok Look your indicators have changed a bit Now you have to look for 20 back again 20 came Now you have to press Ctrl+ V here And press Ctrl+ V here once Ok? Ok Your next job is to press Ctrl+ V Again It's finishing over here And it's being made here Ok, look at this Then you have to come and check where Ctrl+ V- it's finishing Look it touched here, and started again So we have to do it We'll do it twice here, like this So like this, you have to make zones guys Our first important thing is to make zones like this The more you backtest yourself, So like this we have to make zone, This was our zone, Do you see this? This is our- Till ADS is up above in the zone, we'll trade here We'll not trade here We'll trade here We'll trade here too But we'll not trade here We'll trade here So you make yourselves no-trading zone and trading zone Now we are in the no-trading zone of Nifty, for Monday When it breaks above, then we'll drop first and trade So i hope you understood the first step, the job of first indicator, ADX Make the timeframe 15 min and define the trading and no-trading zone for backtesting For forward testing, it's obvious, When it comes above the line, then a line- let's consider it will make it like this tomorrow, like this Then we'll draw a line here and now you'll plan to take a trade but won't take the trade instantly, Ok? Come on, ok I hope you understood the first part on how ADX indicator works Ok Next step, what is a super trend? It's a very simple indicator, super trend, it's nothing When you type super trend like this, then many super trends would show up, you can use any but it should be from settings Therefore, I'll tell you to use this This has 28000 likes Simple super trend, we'll click on this Timeframe will be 5 min Look it directly tells us when to buy and when to sell When it tells us to buy, then a green line will be shown below which is support line And when it says to sell, then resistance line of Red color, which tells us to sell which behaves like resistance When told to buy, the green line roams like support And this is an area bro, When this area breaks it gives sell indicator It's very simple This sell- that is, the indicator tells us whether to sell or buy, this will tell us that, ok? Now, super trend alone won't be enough I'll remove the super trend once again. The next indicator we have to place is Pivots So you have once again write Pivots Pivots standard would show up, this one, Pivot points standard We'll click on that. The first thing we have to do after clicking on this, I'll remove the super trend so that you guys won't get confused and stop ADX too I'll do one thing, after placing this indicator, you gave to come to settings Watch carefully Write upto how many days you want to backtest, if you write 15 days then you'll get the data of 15 days If you make it 20 then you get the data of 20 days It means that it will stop on the 15th day Look at the indicator, do you see it? It's not giving the data after 15 days So the 15- there's no need to be tensed, When you set some number, it will show, how many days the pivot should open So you could backtest by opening up to the days you wish I have taken the data of 1 month I have kept it done here for you I'm directly telling you how to use it. There is a setting here, it's very important, it's that you can set the type as traditional like this. You have to set it traditional on Fibonacci, OK?\ NThe most important thing over here So look, we didn't change anything in Super Trend It was 10: hl 2 3 It'll remain like that itself In Pivot, we just have to click traditional to Fibonacci and if possible, save as default When you bring it here, you'll get save as default, and if you press Ok here then all are set. So look, in this, we changed the setting, And in ADX, I'll show you again which setting I changed Came here, changed the timeframe given here to 15 min, let there be that tick on Gap, no problem, ADX 14 14, OK done. So I hope I made you understand the setting. Alright, so what's the strategy now? Now the strategy is simple, whenever within our trading zone- First I'll show you how to make a trading zone Let us say this is our first trading zone, from this zone to this zone, whenever we buy- ADX told us we could trade now, OK Now the first rule- Boss No.1 is ADX ADX told you could do it now, ok you could. Next thing is when ADX told, When ADX told when? at 9:40 So we have to see after 9:40 whether there is any fresh signal in Super Trend or if Super Trend already said buy After saying, whenever Pivot breaks, fresh pivot, then we should enter and put our stoploss below our recent pivot and then there are our rules Our risk management and money management rules are that the most important of all is stoploss We should put the stoploss looking at the spot chart In future- it'll be very easy In options, I'll tell you by the end of this video on how to place stoploss, so stop I'll tell you. So whenever a breakdown comes below any one of our pivot, we will get out, we won't stay The rule of our strategy is big profit or small loss and always trail with pivots OK? So come on I'll do one thing, I'll take you directly to Banknifty OK So let's start, we'll go back as much as possible What's the first thing I told you? Come to ADX, drop a horizontal line at 20 and then make your zones First, this got finished here, so it will become zone So this will become our first trading zone and this becomes our non-trading zone, understood why? Because the value here is dropped and we won't trade here and we will trade here, OK? So where we trade, we'll, first of all, come to- We were told that we could trade at 10 am So when we came to trade at 10 we came to know that super trend told us to buy, OK? And pivot also ave a breakdown downwards Don't do anything, we just need to buy Until super trend tells us to sell, we can't sell So we just keep on sitting And when the first pivot breaks out here, here at 11:40, you will put your long entry here, OK? It's a tool, here long and short entry is made I'll show you once by using it here, you'll put your stoploss, where? Either below the pivot If the pivot is too bog then below the recent price action I see the recent price action, it didn't go below this wick recently, so I'll place my stoploss below this wick We need to be a bit smart to place the stoploss If this wick was here then I would place it below the pivot, But I'll put the stoploss below this wick and make a target of minimum one pivot minimum So if you see, we get the ratio 1:7.8 easily By the way, we're getting more, but it's not possible to catch every time, there was no price action level, day's high was here, so this is the time you need to exit So this is the first trade you are getting with the ratio 1:5- 1:7.5 Alright As soon as your trade starts, OK? It's a very important thing As you enter this trade and if it even cross half of pivot, Then you'll take your stoploss and move it below the pivot, OK? Your stoploss- this is R2, you'll place it below that Your risk/reward ratio will change on its own It'll become great When we earn at first, we earn Rs17500 and loss Rs 10000 Loss was of Rs 10000 and then profit of Rs 17500 But as our trade moves to 50%, we need to make our loss of Rs 10000 to Rs 2000 We've to bring it here and let this 17 as it is. This is the most important thing of the strategy If we can't do this, then we won't be able to earn more All those who could follow the rule, this is the time you need to understand. Come on, now with just one example nothing is possible One trade of ours became successful. Risk management tool says that we won't trade more than 2 profitable trade, not more than 2 Let it be profit-loss, profit-profit loss-loss End Never trade more than 2 And when you achieve a big target of 2 pivot, sometimes we'll try two pivots because we are going to trail the stoploss So we'll do one trade only, we won't spend our money. So I hope the risk management rules are clear We can never take not more than 2 trades ever Ever If you want, I have told you Profit-profit Profit-profit Profit-loss loss-profit or loss-loss And whenever big profit- only one trade OK? Using the trailing method How to do trail? The target has become around 50%, we'll put our SL below the recent pivot and reduce our loss, OK? That's good I hope the rules I have told you, you did understand I hope you'll take its screenshot and keep it Now I'm deleting it. OK, so come on, we saw the first trade We get our first trade here, which tells us OK. Now we get our next trade here of sell. OK? At 1:35 pm, super trend breaks down with a pivot and says sell We have to short here We'll short here, where it is written sell, we'll short on the same candle We'll place our stoploss above this pivot and candle and then we'll try for minimum 1 pivot Look at the risk/reward ratio here Here we will try for 1 pivot target and it hits Our risk/reward ratio is 1.32 When we breakdown here and come, and if your stock comes till here, then where should you put your stoploss? Say. You have to shift your stoploss and place it above this pivot Take pivots always So as you do it, you reduce your risk and increase your reward We got 2 trades today, OK? So we got 2 trades, and because time was wasted At 2 pm, we got profit, a good profit. Next day also we'll be in the trading zone, the first candle that opens, it opens the gap-up, it would say super trend buy But only buy when after the super trend says to buy and a pivot breaks So the pivot opened now, directly breaking 2 pivots- that is market will give you sell condition again As you get sell condition here, you'll put a short trade here once again on this candle And I'll tell you once again, you have to place the stoploss smartly You saw what the recent price action says, that we have to place above 2 candles Why place above 2 candles? Recent price action- Pivot is getting bigger; pivot is like- I can't take a stoploss of Rs 200 in Banknifty I could take of Rs 100- Rs150 Look this is in the range of Rs 100- Rs150, you see? Whenever the pivot becomes Rs 200, don't trade We can't take a stoploss of Rs 200 We make the target of Rs 150-Rs200 because we here we have to try If you have tried here, then we'll try S3 When you come to S3, your risk/reward becomes great of 1.73 It'll became good trade for you As the candle come here, where will you shift your stoploss to? You'll place your stoploss above this pivot, you could save some money here So again the third trade we got is pretty profitable it went down more But I'll tell you honestly it's a long experience to capture this, but now you'll take up to pivot only, till S3 If it goes beyond S3, we won't trade that day, let it go It's not necessary to trade all the time every day. So look, we get this trade, after this when we get a trade we wouldn't do anything until the pivot breaks. We have to do nothing until this pivot doesn't break If the pivot breaks then buy, but yah we're not getting this buy, because ours was sell We get buy at this candle, so this is the point where you need to enter. Now you would say it’s a long wick, still you should follow all the rules You'll enter here in this trade; this is the trade over here And after entering here, you have to put your stoploss below this pivot Of how much? Its allowed till Rs 150, look at this, it’s of Rs 1200 So you have to put your stoploss somewhere below this pivot Below the pivot If it was below Rs 150 then it would have considered the price action level But because of risk management, even though I face loss I won't make big loss Therefore, below this pivot- Consider I'll put the stoploss of Rs 123 below this wick And my target will always be the next pivot It’s obvious I'll trade here So I have to trade beyond this and then I get a profit of 209 again. You are getting a trade of 1:1.5, 1:1.4 again, but look at the success rate, it's still 100% I have made 4 trades in the past 2 days for you And I hit the target in all 4 Why? Because I followed the rule Strict stoploss and strict target one pivot If half of the pivot is spend, then we'll take another pivot If we entered in pivot itself, then we'll take pivot itself So this is the thing. Now let’s come back a bit Do you remember this zone? It is no-trading zone Don't even look at it Ok our next trading zone is made here OK so let's start from here What happened to us in this trading zone Let's backtest nicely. So we'll come to this trading zone, What is the time- 9:20 When it told me to enter at 9:20, then I saw that super trend- who's the boss no.1? ADX He said now that not at 9:15 but 9:20, take the entry. Who's the second boss? Super trend Third pivot. said done in one 2 had told to sell Two already said sell And third pivot says that S2 break happened. You have to enter here; this is the point where you are going to enter the trade Above this candle wick- Above this candle wick, you have to put your stoploss This one- don't look at the big one You have to put the stoploss on Try one pivot's target When you look here also, what is the risk/reward? Stoploss 136 Our target 265 Again we get a trade around 1:2 1:1.8 If you wait for the candle to close, if you are a genuine trader then you'll get your target at 334 So I guess I'll let you wait for the candle to close, you have to wait until the candle closes, then you'll achieve the big target too But after candle closing, if you are more greedy and want to earn more- Maybe if I give you more better trailing strategy in the future then Ok, you can do it But if you don't follow the rule then it won't be profitable This is a very nice strategy to sell. Our first trade was successful, now we won't get the next trade until another pivot breaks And there is no pivot below S3, so the end. We did one trade, and the end. We got nothing We have to leave this trade according to this strategy, So the second thing here, here, our ADX's value has become so high I told you, higher the value, more the momentum. it's 49 At 49 market will open again and break the pivot below S3. You have to short here, there will be some problem of the target But this was a great shot and there are- not every day are simple. Here you don't have anything for the target, so when you don't have anything for the target Move your stoploss and place it below this pivot 200 Let's say 150-160 Place a target of 150 points Place stoploss here Then you can try 300 points or 150-200 points target 300 points target will be here, look. So again, whichever beginner has problems with the target Try 1:1.5, 1:2 If you don't want to then leave this trade. Below S3, leave it. No problem. The more experienced you are, you know we have to put stoploss above S3, so you did simple calculations, If I put my stoploss above this S3, where? A bit above this pivot Then we'll get risk/reward ratio of 1:2 whenever Look. We can get 1:2 or 1:1.5 whenever we want. Look 1:1.5. So this is again a great trade for you guys, OK? We didn't hit even one stoploss until now It’s not like it won't hit, stoploss will hit, it'll hit for sure, but it didn't till now We checked the 5th trade, this was the 6th trade. Now after this, we are getting buy here So at 1:45 Do we need to buy? There is no pivot break There is no pivot break, so we'll have to leave it. When we come the next day, market gap-up opens. And- This was yesterday's pivot And it didn't break even one pivot OK its saying buy, so we'll buy itself, we can't sell. We are waiting for R1 to break A gentle breakout comes here, look. Look, if you enter here, then where should you keep your stoploss here? The next pivot is too far, so I'll place my stoploss below this zone, 120- yes You'll have to keep it somewhere below this candle, but you won't let it go above 150, keep it under 150 Put the stoploss somewhere here, and unfortunately, your stoploss will hit. The first stoploss. So one trade of today's is finished. OK? We took it at 12, I'll wait for another trade We can take another trade, no problem, only one stoploss hit. So there is one stoploss that we hit till now, here. Why here? Because it gave breakout, but it turned out to be a fake breakout and our stoploss hit. So our first break, hits here at our stoploss. OK. Next, we got sell here. We get sell here, we are getting sell trade here, in this candle, on this candle And no pivot broke, so we have to leave this entry. Pivot is breaking here, but it’s 2:30 pm No one will start intraday trade at 2:30 pm So we had one-day loss So we will have to leave 21st December on loss. Let’s come to the next day, still our pivot indicator tell us to buy This also told to buy, pivot broke, then we have to enter. Look, it’s not like I'll change what I say when we hit the stoploss I'll tell you, Trading is like this only, what did you think? 10 out of 10 target will hit? 8 out of 10 target will hit? No dude If you get some strategy, then 70%- 60%-win rate That is toward- we got profit in 6 trades until now, one loss and here comes another loss. and here is second loss You have to enter dude, pivot broke Indicator told yes, and even though our ADX value is not much high but still ADX is dropping. It's a reason for it to loss If you want you can use some brain, but I won't I'll still enter in this and accept stoploss I'll enter here, we'll place the stoploss a bit below this candle Our stoploss will hit here, we'll let it go. And then our trading finishes, we'll come to no trading zone. So in this trading zone, our 2 stoploss and 2 target hits, as hit OK? Come one, OK. I hope you are enjoying the video Let’s move on. If you are enjoying, if you want this kind of videos, you should pause the video, like it If you like this strategy video very much- I have given a strategy video before this one, VWAP, it has more than 2 million views, I feel really good seeing that If it comes so in this to, then I'll feel good It'll come one when you like the video, give your feedback through the comments. Come on let’s come back to our work Now we have to make a zone again. Look guys, this zone, it is your vacation time This is the zone where you have to sit and relax and you have to leave all the trading opportunities Now you'll say the chance is going then let it go Chances are going, let it go, we have to let the chances go Anyways stoploss will hit Sell then buy, buy then sell, buy then buy, sell then sell Buy then sell, sell then profit. Once. As soon as we buy, loss will occur So it will go on like this guys, this is the most important thing I want you to understand You have to leave this, OK. Now, let’s come back to this point. Let's come back to this point That was no-trading zone, this is our trading zone So our trading zone is made, when? At what boss no. 1 said? Boss number 1 told at 10:20 that we could trade So to trade, here the first option is- directly come to buy entry We can't buy, sell is going on. And then comes sell entry, you have to short here, OK This is the time where you need to short, OK You'll enter here and short entry You'll put the stoploss above this candle, check somewhere here if it's not going above 150 points or not. So, it’s not going. 64 points No problem We'll do there, OK? Look carefully it's a very special trade As your green candle is made, you'll come to 50% of your target Take your stoploss and put it right above this pivot, here, OK Right above this pivot. It’s very important. My 50% is gone, and I'm continuing in my previous It finished as soon as it started. It started here and started roaming Your job is to put that stoploss here and put a small stoploss here. I hope this is a very good example on how to trail. One stoploss hit We can do one more trade, no problem So one more stoploss has hit And we can do one trade, we have to accept the losses Here we get buy candle and here super trend tells us to buy And yes, here pivot didn't break, so we have to leave this entry. We have to leave this entry, but this was a good entry based on price action For all those beginners, if you don't know, I'll tell you To all the traders who has been trading since earlier, I want to tell you one thing, This green candle has a body and a lower tail This shows bullishness a lot. So we, on this basis, pivot didn't break, but took support from pivot and made a body candle, which was a lot bullish It had lower tail and big body, if you enter here, then we would have got the target here, stoploss will come below this pivot, but I don't consider it as the target of my strategy, I don't consider it as an entry But to all the traders who has been in the market for more than one year and you know how to read candlesticks, then we can use candlesticks instead of pivot. So this is a very nice way over here to enter if you know price action If you don't know price action, you are not going to trade. If you are a beginner and have faith on pivot only, pivot, supertrend and ADX You won't trade, because your rule didn't activate. But if you are a trader, who has a knowledge about price action, candle No one could replace the boss number one, ADX No one could replace boss number two, super trend But price action could replace boss number three, pivot, I'll tell you that OK, it was a good trade over here Now again we are at our no trading zone I we look here, then we have reached our no trading zone again We need not take any trade here. OK? if you come here, you are not going to take any trade over here, OK? Let's go to our trading zone. Now our trading zone starts here, this line is dropped wrongly, it starts here. So we- Come one, this is the zone We reached 6 December, let's try this much, what happened? OK, alright. First of all, we'll see when our sell zone activated Our sell zone activated around 2:30pm There is no intraday trade that we can do, no intraday trading we can do at 2:30 We can't do it. Minimum 1pm we can understand, At 2:30, do you think in half an hour If you think in half an hour your target would hit? No, it won't in half an hour, it takes time. So our first trade starts here. This is the first breakout, no pivot break, this candle did pivot break You'll enter here, OK? Boss number one says yes, boss number two says we can buy, boss number three pivot or price action, day's high is also breaking, and this candle is breaking it, this candle gave its closing above R1. We'll enter here, where will we put our stoploss? Look we'll click on long trade, here And the recent candle- I can't take this big stoploss, I told you, 200 point 175point - Do you see this? This wick- I'll put it below that Then it will be 88 points, that'll work for me I got one pivot here I'll take one pivot, got it, look. This is the time when one candle becomes this strong, where will you put your stoploss? You'll put your stoploss here. Now what you have to do is wait to trail. Now today- because your this Candle hit 80% target Now your loss is also small, bring your loss here, you made your loss small Stoploss is only Rs 27, still, you earned this good target. Now your job is to trail smartly Now you'll do one thing, let R2 break and let it re-support or run upwards If it runs directly upwards or runs with support, then you'll put your stoploss here If you shift your stoploss here, then even God can't take your target of Rs 110 This is called trailing, OK? Very nice examples Now you'll directly try for this pivot, which you get R3 got hit, you leave it If we talk about risk/reward, then it's very good Compared to the initial trade, we achieved a trade of 1:5 How is it possible? It is possible only when the market is momentum based ADX got a fresh rise Always keep in mind that when ADX rises freshly, we get more great opportunities rather than when it is dropping. When ADX rises freshly and we get a great momentum candle, please trail the stoploss once for sure, let one pivot come, wait a bit for like 15-20 min Don't trail instantly, always look whether Pivot directly run or took support and ran. If it took support and ran, then wherever it stops, put the stoploss there, you'll get a great trade Once we got the trade, will I get the next trade again? Now I won't get It's giving sell, pivot didn't break, we'll leave it. We'll look here. It told buy, but not even one pivot broke like that, it's waiting on and on Here it broke my pivot at 1:35 We'll enter here and put our stoploss in this previous candle low and take stoploss So or stoploss here hits, OK? I hope you are enjoying the video till now. Now let's start again. Now we saw that market gap-up opens here and we get a sell candle Now I got a sell here, but pivot didn't break. Pivot broke by the second candle Here, you'll short Place the stoploss above this candle, and we get a trailing opportunity here Our stoploss is going of Rs 124, no problem As this green candle is made, we have to shift our stoploss from here to above this candle, above the pivot, OK? We reduced our loss and our one target hit. As the target hits, you once again have to stop Stop and try S2 And where it gave more breakdown, - That's it, target hit. Where will you shift your stoploss to? There was no need for that here It directly gave us our S2 target. Next time we get buy target here, but again- Ok alright It's 12:55 but ADX's value had finished Look, this, sorry, this will start here and end here Ok so i hope guys you enjoyed this video. I have told you how we used the 3 indicators, ok? We used ADX, ok? Used ADX, super trend, and pivot Using these 3 things, we can have a great entry. The rules are simple: Boss number 1 is ADX, Boss number 2 Super Trend and Boss number 3 pivot We can interchange pivot with price action when necessary Place stoploss near the previous candle or below the pivot If the pivot gets bigger than 150 points, then place it below the previous candle's low. As soon as our target goes above 50%, the stoploss I have kept here will be shifted below the recent pivot low. It will be kept there and left. Whenever trail- Whenever target hits very fast with power, then that day we'll say we need more target and to get that one Pivot target, we'll stay there We'll see if it breaks directly or goes down a bit and rises up. Where it made a low, we'll place a pivot below that low. Ok? So you can use this strategy in Nifty too. It works well in Banknifty. In Nifty, If Pharma, IT goes down Right? Pharma, IT goes down Auto, Bank, finance goes up, so they stretch a little and go sideways a bit Banknifty gives a good movement. So there are 2 methods in this, you can future trade by going long or short directly or buy put or call, ok? When you buy put or call, buy in-the-money if you do buy, ok? And where to keep the stoploss? Everyone asks me where to keep the stoploss. Let us say, it's an option chart Let us say it's Banknifty's chart and this is pivot Let's say you bought here, you place your stoploss here Ok So you know where your stoploss is according to Banknifty, and consider it is approaching, look then your call chart will be an exact reflection of Banknifty. You can definitely say by looking that it should be placed below this point And if it's put chart, if it is PE chart here Then if it was going upwards, then it will go down and come up So there also you could understand by looking below which point is my stoploss. If below this, then in put it will be above on this. So the opposite input, straight away in call, it'll be the same, and in futures look it's very simple Futures is similar, like spot So guys I hope you enjoyed the video I made the video for you on strategy after a long time, everyone wanted it. And look, it's not like I put on any strategy, the last time I uploaded, i did moving average too, it's a great strategy I have uploaded vwap strategy too, it's a great strategy And this is also very good strategy And definitely I will bring more strategies for the beginners. If you liked it then please share the video with everyone Comment how you felt because we are those who- Our Booming Bulls community moves on with the help of each other and it's been going on for a long time We are the only one providing quality content. We don't come and say "look bro, I earned this much, that much, look at my money" We don't do anything like that, but help you. and share, where we like to Ok guys, I hope you enjoyed the video. I'll see you soon in some other video Bye And yes, if you people want to use Demat account, if you are a beginner, use zerodha or upstox You'll get the link to both in the description box And mail your ID no. to demat@boomingbulls.com so that in future i have so many things for all of you, Ok Ok guys thank you so much see you soon in some other video. Bubye So guys I hope you enjoyed You must feel something when you think that you'll earn money this week, right? Look there are two kinds of people in this world, one who speaks nonsense and talks about their t things and knowledge and waste time. And their goal is to not let you move forward. There is a second category of people. They not just show you that they have money, they show how you also can earn money. So we, the Booming Bulls community members, we the subscribers and us, we belong to the second category people. Now I request you people, those successful traders who want to contribute to others success If you have any strategy, mail it to backtesting@boomingbulls.com if you want to share If i like it, I'll contact you back, make a video on that and definitely give you credits for that By this we all can benefit, correct? So if you think you have any good strategy then mail it to backtesting@boomingbulls.com And let's focus on our life and let's make some money, let's do some good in our life. Ok guys, thank you so much See you soon in some other video.