Learn Profitable BTST Trading Strategy | By @OptionsScalping

so when you look at the market sometimes the market will be in a mood wherein it just wanted to keep going higher and higher or keep going lower and lower in those scenarios many Traders tend to miss off the mov so this particular strategy is going to be for the people who are looking for overnight positions the morning is around 1 lakh and towards the end of the day if the oi is closing at around 5 lakhs on that particular index the market should be closing near to the design or in fact closer to the design yes overnight rward is going to very risky but hello everyone this is shivakumar J Chandra and founder of OI puls in one click in today's video I'm going to be sharing a free scalping strategy and most importantly a strategy which can give you uh good returns provided we meet all the parameters for the absur users this might be very interesting video the reason why I say that many of times we as scalper we may not be able to scalp intraday sometimes the market may not be giving you large moves or sometimes the markets can be a range bound moves and there are days wherein the market would have given you a significant move but we would not be able to take positions during intraday because it would have just uh SE past the the levels at which we wanted to take an entry so this particular strategy is going to be for the people who are looking for overnight positions though it cannot be completely considered as scalping but those who have missed the intraday and who wanted to just try to get a move where you will be able to scalp few hundred points or it can be uh 20 or 30 points as well so how it can be done let's Deep dive into the video in this video you are going to be looking at how to take overnight positions on the BTSD yes talking about bdst it's not only going to be a position which you needed to be looking at for indices it can be for options as well but I would suggest this particular strategy works very well with the uh indices and uh if you're looking to play in the indices I would suggest like Nifty and the bank Nifty that would be the most uh interesting ones which will give you significant returns so on that note what is the strategies all about what are the things which I needed to watch out for so when you look at the markets sometimes the market will be in a mood wherein it just wanted to keep going higher and higher or keep going lower and lower in those scenarios many Traders tend to miss off the moves what is the significant thing which I wanted to see when the moves happening whether the move is happening with the volumes if the move is happening with the volumes what I would suggest these are the things which I would look as a Trader who needed to take a position on this bts3 strategy so on those lines I would watch for following parameters to be fulfilled if I wanted to go and take a trade on the btsc strategy so what are the things first and foremost the market should be on the particular index the market should be closing near to the day eye or in fact closer to the day eye and this particular strategy I would normally look to take between 315 to 330 if the market is closing near to the day ey just look out for the open address open ERS needed to be completely long buildup or short buildup if it is Market is moving higher I would look to look for a long buildup provided the oi also closes at the day ey imagine the oi in the morning is around 1 lakh cumulatively and towards the end of the day if the oi is closing at around 5 lakhs and if you look at the markets markets opened at around ,000 in the morning and opening and closing at 20,100 in the evening that's the day eye or maybe five or 10 points from the day eye and if it is closing and the open interest is closing it at the day eye that's a sign wherein the Bulls are giving it to you and telling you guys whatever the things which we did Inay we are going to continue that for tomorrow we are going to be continuing that for tomorrow we all know that when it comes to scalping SAS sir is the best and guess what now you can be check out Sia's top four favorite option scalping strategies life only on up search each strategy comes with a clear step-by-step guide to help you become a successful scalper to keep it affordable to all you can choose any strategy for 999 or buy all for strategy for 2999 you're just a click away from transforming your trading game check out the link in the description box now let's get back to the video so when the market closes at the dayi along with the open interest closing at the dayi which is indicating a long build up that means several Bulls wanted to take this Market further up that's a perfect sign for a follow up and you will be able to carry home a position with the risk reward yes overnight risk reward is going to be very risky but someone who is looking to take a trade who is looking to make money in uh in overnight trades this can give you significant rewards apart from long buildup what are the other factors which I needed to look at you can also look at Short covering so what is the indication of short covering the same scenario the market will close near to the day's eye and the open interest will close near to the day low that means a positional or an intraday short sellers who have been holding the positions on the indices they are closing it when they are closing it they are ready to cover the positions at whatever the price and that's the reason sometimes you will see the 230 to 330 move many people keep asking right Shiva why you ask people to avoid if you're an Trader to avoid 230 to 3:30 that is a time most traders who are positional players or like players with large money they adjust their positions they take directions they wanted to wind down their intraday positions and they carry the positions for next few days so positional players what you needed to look at either a long buildup or a short covering if you are aggressively bullish on the market if the market closing near to the dayi if we are having a long buildup that means open interest is also Al closing it at the day high or open closing at the day low but Market is closing at the day high which is called a short covering that is also another scenario wherein you will be able to take carry home the positions for an Gap up in the following day so 90% of the times you would see the market giving you a gap up that will give you like an a money or the rewards in the opening minutes and usually people ask me what should be the risk reward yes overnight position should be really risky I would keep like 50 1 is to one so if you're keeping 30 points or 50 points on the downside you also needed to look for 50 points but sometimes it can be 1 is to two one is to three as well considering the momentum and the kind of money that is being deployed the previous day it will determine the gap of the following day provided the global markets also supported so in this video we have sh shared the btsc strategy which will be a very good one for the positional players and it's a free scalping strategy which is is available on upsurge I hope this video would find good and we have lot done lot of videos on the upsurge on different strategies I would expect you all to uh just have a look there are some strategies which might benefit you in terms of the intraday and also positional okay with that note I'm signing off this is shivakumar J Chandra thank you