Trade Only 1 Setup a Day – Here’s the One I Use!Hello Traders!
Ever heard the phrase: “Less is more” ? That applies perfectly to intraday trading. Chasing multiple setups often leads to overtrading, emotional decisions, and avoidable losses . Today, I’ll share why I prefer trading just one high-quality setup a day — and the exact one I personally use to stay consistent and stress-free.
Why Just One Setup a Day Works Wonders
Focus = Better Execution: When you wait for your setup, you don’t get distracted by noise.
Avoids Overtrading: No revenge trades, no chasing — just clean, planned execution.
Improves Risk Management: With one trade, you manage position sizing, SL, and RR with more clarity.
The Setup I Personally Use (VWAP + CPR Rejection Strategy)
Step 1 – Mark CPR + VWAP Zones
→ CPR gives range reference, VWAP shows volume-weighted fair value.
Step 2 – Wait for Rejection or Reversal from Zone
→ Look for price rejecting CPR or VWAP with a strong reversal candle (e.g., engulfing, pin bar, etc.)
Step 3 – Entry with Confirmation + SL
→ Enter only after breakout candle closes beyond the rejection level
→ SL = just above/below the zone
→ Target = 1:2 or nearest support/resistance
Why I Stick to This Setup
It Works Across Indices: Bank Nifty, Nifty, and even stocks.
Clear Risk-Reward Ratio: I know my exit before I enter.
Less Screen Time, More Peace: Once the trade is done, I’m done.
Rahul’s Tip
The market gives hundreds of signals, but only a few are clean. Trade one that fits your rulebook and let the rest go. Discipline > Drama.
Conclusion
You don’t need 10 trades a day to be profitable. You just need one trade with logic, structure, and discipline . Master one setup, build confidence, and let consistency build your capital.
What’s your favorite intraday setup? Drop it in the comments and let’s share ideas!
Intradaystrategy
PNB, Intraday View for 5-JulyContinuously the price is facing resistance from the level of 122 and the price has failed to close above the level of 122. But today we have a very weak negative candle. So, the trend is negative with weak strength.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
HDFC Analysis for 2nd January 2024HDFC follow a trendline as per I draw.
Nearest strong Support at :1696
If tomorrow price break the trend line then your buying entry will be available after price settle up 1705.
Next Support area 1684.55
MACD and RSI is indicate bearish for intraday.
In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
Nifty March Futures analysis on 30m and 4h time frameTechnical Data - Negative (30m and 4h charts)
Intraday Chart
The price is far away from 20ema line. Both of them will try to touch each other by Time Wise Correction or Price Wise Correction.
So on intraday level a small recovery might be seen.
Swing Chart
On 4h chart the technical data shows the weakness in the chart. A new low of this swing can be tested this week.
Thanks
Er. Simranjit Singh Virdi
#EicherMotor, Short setup for 1.5-2.25% gains in F&OOn Weekly TF Eicher motor has made inverted hammer candle and I am looking to initiate short trade below 3325. If Eicher open flat on Monday then will initiate short trade below 3325, if open gap up then will wait for rejection around 3370 and then initiate trade this will give great risk reward. If open gap down then need to wait to take rejection around 3325 level which is friday's low. My final target will 3280 & 3240 and SL would be 3380 or 3330 depending on which scenario get's played out.
Let's see how market will react on Monday. Happy trading , enjoy :)
Fin nifty Intraday levels for 07.11.2022Resistance level:18681.30
Support level : 18541.80
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame *****
Note: Pls check my previous day idea for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Bank Nifty - Intraday Levels for 12 July 2022BankNifty Intraday Levels for Tomorrow..
Trend : Bullish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting BankNifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone / Inside CPR, any breakout above CPR we can look for BUY opportunity for PDH and SELL Reversal levels.
If any weakness and breaks 35175, we can expect reversal in BN.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Intraday Trade For 21-4-22Intraday Trade in Sail.
- Falling wedge pattern with major support.
- Divergence at lower timeframe indicates breakout.
- For safer side take the entry after Breakkout.
- Aggressive trader take trade at conversion point also as there is 2 confirmations(major support and Bullish divergence).
Thankyou.
Opportunity for Intraday as well as Swing Trade in Wipro Ltd.As on 27 December (closing) Wipro Ltd. share is at very important Level. It is making a pattern of upward triangle with fix Resistance level of ₹700-702 in 15min chart pattern. For Intraday, If Wipro share Price gives closing above ₹703 It can be great Opportunity to buy with Target 1 of ₹715 and next Target of ₹725 or Take Pivot as Target. And For Swing Trade, Wipro has great Opportunity for the upcoming month It can reach the level of ₹785-800.
PVR Intraday SetupPVR is moving in a channel on a 30m, 1hr & 2hr timeframe.
It gave and breakdown of channel but then moved up back into the channel with momentum.
Inverted H&S pattern can be seen on place of breakdown.
Buy if you see a momentum.
Targets mentioned in the chart above as horizontal line on the right.