How to Make Money in the Stock Market

Hello friends. The new traders who are new to the stock market, focus mainly on strategies. They try to use many indicators. Try to draw trendlines, use MACD, RSI. Bollinger Band and what not! And ultimately they lose money. But there is also a trading strategy which is very simple, easy and do not require any analysis. And the strategy helps to make money.

So friend, this new video I'll show you what is the easiest trading strategy.  Friends I have made a video earlier also on the same topic. I have also shown you that you can earn a lot using this strategy only. The name of this strategy is opening range breakout.

If you can remember, my first video in 2020 was this opening range breakout. And if you can use this strategy only on Bank Nifty you can earn a lot. And I named that trading strategy is quit job trading strategy, if you can use the opening range breakout strategy you can make a lot of money.

And I named that strategy as Quit Job Trading Strategy. If you have not seen that video yet, I'll give a link of that video in this video description box. You can watch the video through that link. Else you can check the (i) button also.  So what happens in this opening range breakout?

This is very easy. You don't need to do any kind of analysis. After the market is open, you start your terminal. You can take many opening ranges. You can take 15 mins opening range, 30 mins opening range, 1 hr opening range etc.

Opening Range 

I have seen that 30 mins opening range works well. And the quit job strategy I talked about, that is also based on 30 mins opening range. Say, a stock opens at Rs 100 and in the next half hour, it makes a Rs 2 movement. So after opening at 100. the stock makes a high of Rs 101 and a low of Rs 99. So its range becomes Rs 99 to Rs 101 in the next half hour.

So, friends, you can play on both sides. So you can buy the stock at the upper range or even short sell the stock. If the top range, i.e. Rs 101 breaks, you can buy it. Or if the stock goes below Rs 99, you can short sell the stock. So you got an idea when to buy the stock if it goes up and when to sell it if it goes down. If you buy on the upper range make one target and stop-loss or if you are selling at the lower range, again you fix a target and stop-loss.

Now if your stop-loss is hit, you go out or if your target is hit you also get out. In my quit job trading strategy, which was on Bank Nifty I showed you you can even hold after opening range break out. How long you can hold it?

Till the market closes. So friends how easy is that. No need for any analysis. Just play the half-hour opening range and buy above the upper range or sell below the lower range.

And wait till the market close. And you exit during the market closing period. And I showed the complete results through backtesting of last 10 year data.

So friends today I'll show you where you will get the opening range breakout data of all Nifty 50 stocks, Nifty Future and Bank Nifty future. And you can even place an order from there if you have a trading account in Zerodha.

So friends let me take you a page where you will get opening range breakout of all the Nifty 50 stocks. And friends you can directly trade from here in Zerodha after fixing stop loss and target.

So friends, now I am on my website stockmaniacs.net. This is the Home page. There are many Menu options. Here there is a freebies menu.

So whatever you can see here are completely free.  If you keep your mouse here you will see an option of free tools. here on the right side, you can see many. Among them, there is the ORB trader Go to the ORB trader menu. A page will open. 

Here you can see Opening Range Breakout (ORB). Here on this page, you will get ORB data of all the Nifty 50 stocks. See here the data is of 31.12.2020. when a new trading day starts, you will see new data plotting of the new day.

Now take Axis Bank. It opened on Rs 622.40 and closed on Rs 619.25. Now Axis Bank made a range high of Rs 625.90 and made a range low of Rs 616.70. So friends if you want to buy Axis Bank, there is a buy option here and sell option too. If you want to buy, you can click on buy. See here to asks for Connect to Kite.

I gave my user id and password of Kite. Now to log on I have to give my pin. See friends, now if you want to buy Axis Bank, you have to buy above the range high, that is Rs 625.90. See here your trigger order will be placed here. I cancelled it.

Now if you want to sell it, again it will connect to Kite. See here range low was Rs 617.70. So the sell order will be placed below that price. Cancel it now. See here there is an option of Capital. I have given the capital Rs 100000. You can change it as per your wish.

Stock Market

I have set the stop-loss 1% and the target of 2%. You can change that too. The broker here is Zerodha as of now. The list shows the stocks which made a range of 2% move. Here you can see the range of Bank Nifty December Future also. 

And friends, when the market opens, after first 15 mins, the ranges will come up here. then it will show 15 mins range only. After the first half-hour, it will show 30 mins range After 1 hour, it will show the 1-hour range. After the 1hour range breaks, the stock will go off the list.

So, friends, you can buy or sell stock from here. Else you can choose say, BPCL, Bajaj Auto, Axis Bank and trade multiple stocks from here. Say here, buy regular. So in buy regular, we see Bajaj Auto, BPCL, Axis Bank and the capital is also divided among the stocks. See here the quantities, 161, 29, 261 like this. Now BO order is closed.

When BO order will be on, you can give here buy BO command also. You can give buy bracket order(BO). You can place orders with target and stop-loss. See here as per given conditions, 2% target and 1% stop-loss will automatically be there.

So friends, every morning, on this page, you can search for opening range of new stocks, You will see new opening ranges in different stocks and can trade directly in Zerodha from here. So friends, as of now this page is directly connected with Zerodha only.

If you do not have an account in Zerodha, you will find account opening link in video description. You can open account in Zerodha through that link. Else you can check the (i) button also. I'll leave an account opening link in (I) button. So, friends, you can check this page every morning,15 mins after the market opens.

Opening Range Breakout

After the first 15 mins, you'll see the 15 mins range, after 30 mins, that is after 09:45 you will get 30 mins range and after 10:15 hours you will see the 1-hour range here. So you can trade opening range breakout from this page only. So, friends, I have shown you how to earn profit using opening range breakout.

There's no need for any analysis. Only check the opening range of any stock, Nifty 50 or Bank nifty Future and trade accordingly from that page. And I have shown you in my website where you can get opening ranges of all Nifty 50 stocks. And from there you can buy, short sell one, two or a multiple numbers of stocks and Nifty, Bank Nifty futures also. 

And you can place target and stop-loss at one go. So, friends, I post similar videos twice a week, every week. If you are not yet subscribed to my channel kindly subscribe to my channel. And do not forget to press the bell icon also. In that case, whenever I post a new video you will receive instant notification of that.

If you have any question regarding this strategy of the opening range breakout, kindly ask me in the comment box in the video description of this video. I try to answer all your questions, and if the answer is big and cannot be answered in short, I try to post a new video on that matter. 

Wait for my next new video. Till then thank you and goodbye.