Process to read Charts of Banknifty for Intraday trading to plan trades & identify direction based on the price auction

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Timeframe used will be 5 minutes and reference level by using simple Previous Day High/Low , Daily pivot points level from daily chart (if any) , Multi day High/Low (if any)
To understand who is in control buyers or sellers making a split analysis of every 1 hour timespan.
Let's start with first 1 hour Stage 1
Stage 2
Same need to be done for every 1 hour i have slightly fast forwarded because price not read to cross R1 level.

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6 different INTRADAY TRADING STRATEGIES which can change your trading.

After more than 8 years of market experience i am sharing these effective intraday strategies.

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Intraday Strategy 1 - VWAP & Pivot Based


Intraday Strategy 2 - Price Action strategy without


Intraday Strategy 3 - Price Based


Intraday Strategy 4 - Open Interest based

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