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
Bonus Tips for Index Option Trading
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!
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 & TargetEntry: 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!
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.