Intraday Market Analysis & Best Timeframe - Pt-2 Free Intraday Trading Course

"First, cut out the 30 minutes. Intraday trading is very fast. Let me explain. In 15 minutes, the market can move up or down by ₹₹. Whereas, if you talk about 1-minute candlesticks, you can capture small movements, but you shouldn't go as low as 1 minute. What you have to do is first cut out 30 from the time frame. Okay, 30 is cut out. Now, instead of 15, 5, 3, 2, and 3, we will select 1. One here. We will put 2 aside for now. I will explain everything. Stay with me for a while. 15 minutes is my personal favorite. If you're talking about intraday trading, I'll explain why the 15-minute time frame is my favorite. And I think it's one of the best for intraday trading."

"And I think it's one of the best for intraday trading. It is the best because, look, in intraday trading in the market, your trades usually happen between two to three hours, three to four hours, or four to five hours. To analyze them, if you go to a 1-minute time frame or a 2-minute time frame, you will have to look at any number of candles for a 4-hour trade. Similarly, if you talk about 15 minutes, then in 15 minutes, if you want to analyze one hour, you have to look at one hour. This means that one hour will be broken into four pieces because 50 * 4 = 60 minutes. I hope this is not complicated. Stay with me. Okay, if there is a 15-minute candle, then again there will be another 15-minute candle, another 15-minute candle, another 15-minute candle. Now, if we combine these four candles, it becomes one hour. Correct? Many people also use a one-hour time frame, meaning one candle will be one hour. But what happens in this is that within one hour, the market It can also go very high or low, which will prevent you from making good entries and good profits. For this reason, 15 minutes is the best time frame for analysis."

"You will trade there only when both your analyses match. You should always use multi-timeframe analysis. Look, if you want to be profitable in intraday trading very seriously and for a very long time, then you have to do multi-timeframe analysis. Like we looked at the 15-minute and 1-minute charts. What did you do? First, analyze the market in 15 minutes. Whether you want to trade in 1 minute or Whether you want to trade at 5 minutes, 3 minutes, or 15 minutes, you have to analyze the market. This means you have to analyze it at 15 minutes as well. And if you want to trade at 1 minute, you have to analyze it at 1 minute as well. This is called multi-time frame analysis. You are analyzing the market on two different time frames."

"Another suggestion I would make is that you also analyze the one-hour time frame. If you are doing intraday trading, let's say you want to trade at one minute. What did you do? First, go to the 15-minute time frame and observe the market. The market is going up, is in an uptrend. You marked all the important levels. Then, what would you do after that? You could also go to the 1R time frame. Okay, 1R is a larger time frame, but what would happen in this? For example, if you used 1R instead of 15 minutes, you would mark all the important levels. You would know where the highest level is, where the lowest level is, and where the market might reverse. You have to go to One R and take a look once, just look at it. You have to do the major analysis on 15 minutes. And if you are going to trade on 1 minute, then do it on 1 minute. You have to do it on two. One and two. But go to One R and just glance once. This is my glance. This is my glance. This is my glance."

"What will happen if you are going to make a mistake? Even in the long term, if you see that your analysis is correct, then you will tick three times. That means you will tick on 1 minute, you will tick on 15 minutes and you will also tick on One R. In this way, your multi-time frame analysis will be done. But One R is no less compulsory. Just go and glance once. You have to analyze majorly on two time frames. If you are going to trade on 15 minutes, directly using the 15-minute time frame, then that is good. If you are going to trade on 5 minutes or 1-minute candles, then you still have to do the 15-minute analysis. And after that, on whichever time frame you are trading, You need to take the trade at the time frame you're going to trade."