I am using only one indicator in the chart.
i.e DC(20) = Donchain Channel
I use 3 min chart and the DC period is 20, so DC high is basically the last 1 hour high & DC low is the last 1 hour low.
The middle line is the median of high and low.


Donchian channels are mainly used to identify the breakout of nifty/BNF.
We can take directional bias based on the indicator.
If nifty is breaking DC high, can take bullish view.
if it is breaking DC down, can take bearish view.
if it is in between, can trade range-bound.

We can monitor nifty/banknifty futures with volume along with DC.
If the volume is 1.5 to 2 times the average volume and if DC high/low is taken out then it can be a strong bullish/bearish signal.

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12 to 15% is easily achievable nowadays without taking much risk even though the capital is 10 crores due to leverage :)

Invest 10 crore in liquid, debt, gilt, T-bills, 10-20% equity that will give 6 to 7% average returns every year.


Rest can be made by selling far otm penny options only on expiries. They are trading at good premiums due to leverage and can be easily manageable if goes wrong. Thus targeting only 0.15% returns in a week
0.15% x 52 weeks = 7.8%

6% in MFs + 7.8% in trading = 14% returns


Now comes the hard part, doing this every week without getting bored and without affecting one's psychology is the most difficult part. And since we start making money, we take higher risks which can eventually wipe out profits.


And those who think about blackswan event all the time can do it only call side. And it's purely intraday & only will be done on expiry days, so chance of Black Swan, that too on upper side is mostly impossible. If there is any case as such before, do let know in comments
In equity funds, parag parikh flexi cap fund and mirae asset emerging bluechip funds are best. They have given superb returns in last 5 years.
Parag parikh flexi cap fund is diversified as it will invest in US stocks like Google, Facebook, Microsoft, Amazon along with Indian. https://t.co/RmoDMgXoRM


But one issue with this is if you exit before 2 years, there is an exit load of 2% in 1st year and 1% in 2nd year.

Mirae asset emerging bluechip funds stopped taking lump sum amounts and only can do SIP of Rs. 2500 currently.


But there is catch, you can do multiple SIPs in it, you can SIP on every day and still invest 75k in a month. I am doing this way only.

Coming to debt funds, ICICI prudential all seasons bond fund and hdfc corporate bond fund are good if consider 5 years performance.


In zerodha, all above 4 MFs can be pledged and haircut also very less just 7.5%. But you can use only 50% for positional margin, other 50% should come in cash or equivalent funds like gilt, liquid etc. For intraday, 100% can be used.


Nippon india gilt fund is also good, considering it will be cash component and only 10% haircut.

For tax saving, you need to invest in ELSS funds.
I invested in Quant Tax Plan and it gave 80% returns in just 273 days.

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My piece in the NY Times today: "the Trump administration is denying applications submitted to the United States Citizenship and Immigration Services at a rate 37 percent higher than the Obama administration did in 2016."

Based on this analysis: "Denials for immigration benefits—travel documents, work permits, green cards, worker petitions, etc.—increased 37 percent since FY 2016. On an absolute basis, FY 2018 will see more than about 155,000 more denials than FY 2016."

"This increase in denials cannot be credited to an overall rise in applications. In fact, the total number of applications so far this year is 2 percent lower than in 2016. It could be that the higher denial rate is also discouraging some people from applying at all.."

Thanks to @gsiskind for his insightful comments. The increase in denials, he said, is “significant enough to make one think that Congress must have passed legislation changing the requirements. But we know they have not.”

My conclusion: