Intrady Option Buying Approach and Setups: One Day

Total Duration: 3 Hours Theory + 2 hours of practice in a day.

Objective: Option buying approach shall be refined for greater reliability in results with systematic approaches and indicator setups:

1. Bias Setup (Trend & Structure):

- CPR (Central Pivot Range)

- VWAP & AVWAP

- Price Structure (HH/LL)

2. Entry Zone Setup (Location & Context)

- PDH/PDL

- Initial Balance Range

- Trendline + Volume Profile  

- 20 EMA

3. Trigger Setup (Momentum Confirmation)

- RSI (9 or 14/2)

- MACD

- CCI

- Fibonacci Retracement (38.2% / 61.8%)

4. Risk & Exit Setup (Defined Risk & Smart Exit)

- CPR Bands

- VWAP Trail

- Round Numbers (e.g., 18,000)

- Fibonacci Extensions (1.272/1.618)

5. Trade Checklist (Pre-Trigger Filters)

- CPR & VWAP alignment

- RSI in zone

- Breakout zone confirmed

- OI/Volume confirms

- Defined SL & RR ≥ 1:2

Usage of Tools:

AVWAP & VWAP, Long & Short Term MAs, Fibonacci, Trendline, RSI, MACD, CPR, Volume Profile, PDH & PDL.

Crux of this learning module is:

1. Precision – Clear entry/exit levels using structure
2. Discipline – Filters prevent overtrading
3. Risk – Well-defined stop-loss zones
4. Timing – Uses real-time momentum triggers
5. Confirmation – Multiple indicators align before entry