Thread by @Mohitsharma202

Nifty & Bank Nifty 3-30 Formula Trading Setup:-

Price Action + Moving Average Setup

A Complete Strategy Worth ₹ 2 Lacs for FREE🧵:

1] 30 Min Candle:-

30 Min Candle is the best time frame for finding the direction

We will use 3 Candles of 30 Min Time Frame

Like we want one red candle, 2nd red candle & a hammer candle formation

2] 3-Moving Average:-

I have used EMA-3 to identify which direction the price is trying to move in a 30-minute timeframe for intraday trading

3-Moving average is the best intraday tool to identify the market direction

3] We will wait for the gap between 3-EMA & the Price

When the price & 3-EMA have a sufficient gap we will catch that zone

We all Price & 3-EMA move together whenever we see a gap in both we will use that thing

Let's see some examples

Example-01:- Nifty 30 Min Chart

Here you can see a clear gap between the Trigger Candle & 3-EMA

Whenever we see this type of gap between 30 Min candle & 3-EMA we can catch that move

4] Sell Setup:-

✅ 3-EMA below the Price

✅ Gap between 3-EMA & 30 Min-Candle

✅ Now we have 1-Green Candle, 2nd Green Candle & Hammer Pattern when the hammer candle low breaks we will enter into a trade

✅ Entry is Low of Candle & Stop loss will be high

5] Buy Setup:-

✅ 3-EMA Above the Price

✅ Gap between 3-EMA & 30 Min-Candle

✅ Now we have 1-Red Candle, 2nd Red Candle & Hammer Pattern when the hammer candle High breaks we will enter into a trade

✅ Entry is High of Candle & Stop loss will be Low

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