How I Find the Best Intraday Index Option Trades in Nifty?Hello Traders!
Intraday index option trading, especially in Nifty, BankNifty, and FinNifty , offers huge opportunities — but only if you know where to look. Many traders get stuck in random trades with no direction or clarity. So today, I’m sharing my personal step-by-step process to filter high-probability intraday trades using logic, price action, and data — not guesswork.
Step-by-Step Process to Find the Best Trades
Step 1: Pre-Market Range Marking
Mark the previous day’s high, low, close, and CPR levels . These zones are crucial for early directional bias.
Step 2: First 15-Min Candle Clue
Watch how the first 15-min candle forms. Break above/below with strong volume? Possible breakout trade setup. Inside range? Wait for confirmation.
Step 3: Track OI Changes in Live Market
Monitor real-time Open Interest build-up and shift on strikes near current price. If PE buildup rises and price sustains, it’s bullish. CE buildup with resistance? Bearish.
Step 4: Volume + Price Confirmation
Enter only when volume supports the breakout or reversal — especially around key levels like VWAP, PDH, PDL, or CPR .
Step 5: Entry, SL & Target
Entry: After confirmation candle (e.g., bullish engulfing above resistance)
SL: Below the candle or technical level (not random)
Target: Based on next resistance/support or 1:2 RR minimum
Bonus Tips for Index Option Trading
Avoid Mid-Day Chop: The best trades usually come between 9:30–11:30 AM or post 1:30 PM.
Avoid Buying Options in Low VIX: Use ATM options when VIX is low. Go slightly OTM only if momentum is strong.
Always Respect Trend Days: Don’t fight the trend. Use 5min + 15min structure to confirm bias.
Rahul’s Tip
Don’t chase price. Let it come to your level, show volume + structure, and then strike with confidence. Smart intraday trading is about planning, not reacting.
Conclusion
The key to finding great intraday index trades is structure + confirmation . Avoid impulsive trades, rely on price action, OI data, and volume analysis , and execute with proper risk management. That’s how consistent profits are built — not on luck, but logic.
Do you have a personal rule for selecting intraday index trades? Let’s share and grow together in the comments!
