Live Trading Banknifty Options & Future trading | English Subtitle

Hi everyone this is Subasish Many people ask me again and again Sir when to use 5EMA I am going to tell you a bit in detail Then you will be able to understand and after that we will see Today a very good price pattern is being formed In market the chances are very high that From here it might come down at present you might be seeing the market strong and bullish It will close in an inverted hammer I will tell the reason and logic behind that But keep one point in mind Trade of one day or one month It never decides that whether he will be profitable or not That is why I tell you again and again in year end that Don't look at one day's video and get tempted That the profit is there in this way I am telling you the logic I am teaching you I am explaining you so that what will happen When you will see me in this way in life Teaching you Then you will get a bit confidence that where the traders have a bit confidence At present the market is almost at top around 21,000 But I am telling you where it had opened it will close somewhere around that only So first we will take some trades If we will see in this condition I will remove everything and we will take some trades in future and leave So that I will be able to explain you We will take on nifty and our intention is that First I will tell you the logic In which way and when 5EMA works And if we will see in this way What is the stop loss ? 120 or 130 rupees SL So over here we will sort 500 quantity No more okay, sorry 500 quantity is not going So I think I do not have that much amount For 150, 390 Some quantity around 4,00,000, okay 200 quantity It has been a bit delay which is fine We will see bank nifty in that also we can see some selling opportunities So I am telling you that bank nifty either negative or it can give close like inverted hammer Banknifty Once we will put bank nifty Okay over here I am putting it And I'm not going for future and options in this because I'm just showing this to teach you Otherwise we would have gone in options and seen price and all In Net to net in this for 195 quantity How much money we will require ? 13,00,000 so I will make it hundred quantity We will plan 90 quantity For 90 quantity we will require 6,00,000 For 75 qty we will require five We have left 4 lakhs is available So we will do in 60 quantity okay So our sl will be at top So we will hold and somewhere we are also going to see 5 EMA So we will go on the screen On the black page So when to use 5 EMA See in 5EMA, When the market is overextending and we think that it will again return to mean When there will be reversal we will do selling So we're selling 5EMA when the market is overextending Keep this point in mind There are two types of selling One When is when there is profit booking or when there is a stretch and market comes down Or if the market is coming down it is going sideways and there is breakdown Or the trend is continuously going down low and low If it is going below that So we can sell in 2 conditions When the market gets stretched we can sell after that By looking at 5EMA Or when the market is trending in market low and low formation is there Any range is there there is a breakdown Resistance breakdown happened We will sell it correct Keep this point in mind So where is 5EMA used 5EMA Is used when market has been overextended People make the mistake is that in 5EMA people trade everywhere at every place In last video I had told you two points I had told one thing In 5EMA advanced point I had told Wherever resistance is hit if we will use 5EMA At that area It will be more profitable There is one more point overextend That means what is the meaning of overextend Overextend means the buyers should get the complete profit After that if we will use this Then it can be profitable for us Now if we will see in Bank Nifty If I show you as an example In 15 minutes chart Over here you might be able to see a resistance At this point you might be able to see resistance When in a moment market fell down We understood that this is resistance If I will use 5EMA over here It will work more rather than let the market get stretched Or I will plan somewhere at this level over here This might have worked But I am more confident over here And if we will see today In 15 minutes chart it has continuously created four to five candles positive And it is exactly at the resistance area And this resistance area is not that much important But what is important Market touched 21,000 If you are looking at gift nifty or NASDAQ It is moving towards up And it was necessary to touch this 21,000 And how it has touched this 21,000 That is important if we will look at 21,000 If we will see in daily charts It has moved continuously and touched If we will see over here Somewhere around from 19,800 There has been a straight momentum towards up So in this area imagine that already round level has came 21,000 is round level After this round level game I am looking at 15 EMa I am looking 5EMA That means the market has been stretched After getting stretched where there will be resistance There is a psychology level 21,000 is a resistance Generally it is there because people prefer sorting call and put about 21,000 And in this case around 21,000 it has created a negative sign 5EMA is also seen Negative sign is also there I will prefer sorting over here Rather than from here Market fell down I will prefer sorting at this area Because resistance is there If it is looking somewhere over here in this area I will ignore it a bit I hope you are able to understand this point It never works 100 percent times That is why it's risk to reward is big If we are sorting over here then where is my target ? My target is today's opening price My target is till there I am telling you from first only Today market can close in inverted hammer type Chances are very high because market has shown a sign we were doing the discussion in traders club also Over here the market has shown a sign If we will see over here the market has shown a sign That sellers are coming So it will not give breakout that much easily News has came everything has came in the market Now the price action will work in the markets Price action means the market went and hit the resistance Because at the time of news the price action does not work Technical does not work But after once the news is settled After that it went and hit the resistance After that over here it has done in a continuous move Imagine if the market had gone up from here and given a pullback Then it again went up It would have halt over here for some time and then again it gave a breakout Then we could consider it sustainable That yes it can sustain a bit But it has gone four to five candles continues So chances are very high that if it is hitting the resistance from here 21,000 has already been hit And nifty is moving towards up Bank nifty is not able to be pulled So somewhere over here selling can come And it can close in an inverted hammer type candle That is why I have sorted over here And in front of you only we are having losses of 740 or around 200 We will hold this and watch it till the day end Either it is going to be a stop loss Or we will get today's target our target of the day For nifty we have became a bit late I am I saying so I got a bit late while switching on the camera But fine there is no issue there is no big risk Over here our stop loss will be there And we have sorted and our target Should be minimum 21,040 And if it is after that then we can even hold it If it is here till day end I hope you are able to understand this point So write down this rule always Always keep one point in mind Whenever the market has been stretched That means the buyers have already got the money Then 5 ema works very well And when resistance is got What is the meaning of resistance when there is first time resistance It is not looking that much beautiful Imagine right now that the market is falling from here and coming below this And after two to three days it is again going over here That means this has become a resistance level If we will get any 5EMA over here then we can plan with confidence The moment from where it has came reversal It is hitting first time Then there are chances that over there we can get a reversal trade We can get a good profit over there So remember in two conditions Selling always happens in the low and low formation of price action Or a range is created and then breakdown is there It happens in that formation And one we plan that if the market has been overextended At that time we will sell So that means whenever you are trading against the trend Make sure that your quantity should be less Sorry your stop loss should be less So that what will happen Even if the stop loss is hit then also it should not make a lot of difference to you Because stop loss will be less But if it is coming return from the top Then your target should be big so that what will happen That means the market had been overextended and if you have captured at the top So if you will keep the target big Then you can get a big profit because you have captured the top of the market So for that over here I plan the target of minimum 1:4 or 1:5 And in this case if we will see we are not able to see a lot of target in nifty Because nifty has not moved a lot in future If it is falling from here then our SL is of single candle If it is falling from here then around 21,000 Or 21,020 Which is more than 1:3 or 1:4 our target will be there And we will hold this And if we will see bank nifty Our target should be a bit beyond below 47,000 50 to 60 points or in nifty 20 to 30 points Below I have sorted Because we were a bit late But there is no issue we will hold this and keep Because the euphoria that was there in the market today that euphoria is going on It has crossed 21,000 and many people will buy at 21,000 But you should be able to understand this Some people might have also purchased from 19,800 And the way in which the market is moving There is no special profit booking seen So today can be the date where the market has shown a negative scenario It might close in inverted hammer in this type of candle And after that a profit booking might come So I have planned in this way that Wherever we can see less risk Maximum what will happen it will come reversal and this SL will be hit But chances are very high that if it is coming below Then we can get profit So understand the market behavior It does not depend that when there was up move Adani stocks Performed very well But when the Adani stocks came back from the top we captured them Because it was according to our setup I hope you are able to understand this point In which way it happens Now we just have to wait And we will see the scenario in which way we can plan At present in net to net around ₹11 or ₹12 ₹27 this type of loss and profit is going on At present it is around ₹100 Now we will wait in which way we can plan it At both the places over here I will put the screen And we will see in this in this it is a bit easy to manage the trade That is why I use this platform It is Fyers platform And the link is there in the description box you can see if you find it interesting At present we will wait 1600 and 1700 is the sl of one candle At present 2300 is the loss 2400 and then I will update how it happened in the end So now if we will see it is 11:5 and within 15 to 20 minutes We can see profit of somewhere around 19,000 to 20,000 And I had taken the trade just in future And I have told you the logic first only In which way it can come reversal Because again and again I tell you one point If you are using 5EMA after a stretch It can be more profitable And today where was the maximum turnaround point 21,000 from a long time People were thinking that after it will cross 21,000 it will go 22,000 Then it will go towards up and the market will move towards up But the market has gone from 19,800 All the buyers have got a good profit And this is looking like a good scenario for profit booking Because bank nifty is not supporting In bank nifty there are heavy call writing From here continuously sort is coming So when this moved continues to the resistance area Then we saw 5 ema We sorted 22,000 profit Almost the timing should be correct That is why I am telling that as a trader You should be very patient You should wait And now if we will look at the daily chart You might be able to understand in which way We are going to hold this at present because It is possible that it might be converted into positional You can see the Magic in which way it has been converted into inverted hammer When we were discussing it in the morning Before one hour or half an hour It was trading over here You might be thinking in which way the price action is read So you can become trader only when You can become an investor when you can predict in future That in which way the price will be red or in which way the business will change That is your future If you want to become a trader then you should know to read the price correctly And this is one of the example Hit the like button if you want such videos in the coming time Which are a bit different and you get to learn many things Don't think by looking at one day that we will also do trading It is very easy , It is not that easy There are years of practice and a continuous momentum that is why I tell that First I plan trade in intraday And after that I can convert it into positional also In this case our target has came 25,000 or 24,000 was our target I just saw the trade and took the trade I did not think that how much I will get and how much profit will be there But we have got it a very good one Now we'll wait a bit So now at present the timing is around two o'clock For the record I am closing this So that we will get a good profit it was more than 34 or 35 As I told we will not keep focus on end to end Our plan of action was that today the market can come towards down It can be an inverted hammer When the market was over here At that time I also I was telling you that Market can create something like inverted hammer If we will see in the daily charts Now you might be able to see that how it happened and see at present It can easily also be converted into positional Because it has waited over here till three days then it is possible that it might get pulled towards down But still one hour is left So the plan which we had that it will create an inverted hammer It has already created so we removed it But our intention was that In first morning hour where it should trade 5 EMA This is also like inverted hammer type Almost when it might be a low towards down As we had planned over here it created like inverted hammer Hit the like button if in the coming time you want more such videos So that I will try whenever I will see the concept Specially on Friday I will try that I should make some video for you and give First thing when you should use 5EMA? First I told you that today 5EMA might have worked well Why because it has been stretched first Earlier I had told one point Whenever the market has been stretched Over there 5 EMA works more better So you have to remember two points over here I will tell you once more Whenever you are planning trend reversal Then make sure that first let a stretch come In first pullback you will need M pattern As the market was over here an M pattern was formed So that means the market has lost a bit sentiment Or it has lost the buying momentum a bit After that the way in which there was today's momentum Nifty had just gone to touch 21,000 It touched 21,000 was a resistance level And it is breaking in continuous momentum It is an important level that means it should break slow and steady As you might remember nifty It had created an ascending triangle and after that it had given a breakout It was an important level and the breakout happens in that way Then there was a continuous momentum Over here then on the top on a resistance We sorted 5 EMA If first time it is coming anywhere in resistance You can use 5EMA And one more point is that If let's say continuously there is low and low formation in the market and it is going towards down Over there the target 1:2 is also ok But whenever you are talking about trend reversal Over there you will require the minimum target of 1:2 or 1:3 or 1:4 or 1:5 In this case we have captured more than 1:3 in banknifty And if we will see in nifty More then 1:6, We had sorted on top and sitting And from here we have captured more than 1:4 or 1:5 So this only happens that whenever you are trading against the trend You are trading 5EMA If you have got the sort at top 21,000 exactly worked like a resistance As we were doing the discussion from morning It has created a candle like inverted hammer Over here we have got 1:4 or 1:5 So now I'm ending the video I hope you liked it Once again I will tell the disclaimer See from one trading session or from one live trading session do not think that That it is very easy It is not easy you will have to do continuous practice 21,000 was an important level It was a round level And the breakout was continuously going in momentum Bank nifty is holding itself Previous from where the bank nifty has created a swing It is trading within that only Nifty is moving towards up So we just saw that if it is hitting 21,000 from here Market can come till this closing price And it can create inverted hammer type We saw good risk to reward We saw good money management Then we went and took this trade I hope after getting all these things aligned only a trade happens I hope you have got something to learn Friends this is all for now If you liked the video then like and share it with your friends Thank you