Swing + Intraday Trading Strategy | Parkavi & Tamilini Talk Trading
Introduction
Tamilini: Parkavi… My charts are more confusing than my mom’s recipe notes. What’s this swing trading and intraday magic everyone’s doing?
Parkavi: Ah, welcome to the world of price action and planned panic! Sit down, Tamilini. Let's decode this—both swing and intraday.
Tamilini: I’m all ears. But only if you promise not to throw too much jargon at me. My brain still thinks RSI is some kind of government scheme.
Stock Selection and Basic Concepts
Using Stock Screeners
Parkavi: Fair deal. First, let’s talk stock selection. We use a simple screener.
Return over 1 week > 3%
Market Capitalization > ₹10,000 crore
This filters out small caps and highlights strong short-term momentum.
Tamilini: So, big companies making a decent move. Got it. What next?
Understanding Support and Resistance
Parkavi: Let’s get practical. Take Aadhar Housing Finance, 30-minute chart.
We look for a Resistance using the last Higher High – that’s where the price previously got tired.
Support? Look at the most recent Lower Low – the price’s resting zone.
Tamilini: So, price bounces between a tired high and a lazy low. Like me between work and Netflix.
Parkavi: Exactly. Once those zones are marked, we wait for price to react at those levels. That’s our entry point.
Entry and Exit Points
Tamilini: Hmm. And exit?
Parkavi: Either near the opposite zone, or when the price starts misbehaving – that’s where stop-loss comes in.
The Importance of Stop-Loss
Tamilini: Ah, stop-loss! The "don’t cry too much" button.
Parkavi: Perfect definition! Now, take another example – PNB Housing.
Advanced Techniques and Risk Management
Using Pivot Points
Parkavi: Here, we use Pivot Points to define zones. It's like GPS for your trading—shows where the U-turns might happen.
Tamilini: I wish we had pivot points during college exam questions.
Parkavi: Well, in trading, they work great. You get a central pivot, and support/resistance levels above and below.
Once price enters a zone, we watch for confirmation before entering.
Tamilini: This feels less like gambling and more like guided guessing.
Parkavi: That’s what trading is—a game of planned probability.
Risk Management: The Golden Rule
Parkavi: Now, the golden rule—Risk Management.
Always use a stop-loss. Keep your risk per trade low. Don’t put your whole salary chasing a “sure-shot breakout.”
Tamilini: So, no hero trades. Only sensible ones.
Parkavi: Right. Being safe in the market is more important than being right.
Conclusion and Call to Action
Tamilini: Noted, boss. By the way, Happy Tamil New Year!
Parkavi: Happy Tamil New Year to you too! May your trades be green, and your stop-losses untouched.
Tamilini: And may I not get margin calls like I get missed calls!
Tamilini: Hey everyone! If you found this helpful, subscribe to Parkavi Finance.
We’ve got more cool content on swing trading, intraday strategies, and options—in Tamil and English.
Also… open a forex account with Exness using the link in the description. https://one.exnesstrack.org/a/g8b0rjrtgb
Referral code: g8b0rjrtgb — because even your trading journey deserves a good start!
Learn swing & intraday trading strategies in English with Parkavi & Tamilini! Stock selection, support/resistance, pivot points, risk management & more. Open Exness forex account with referral code g8b0rjrtgb. Happy Tamil New Year!
Swing trading strategy, intraday trading strategy, stock selection, stock screener, support and resistance, pivot points, risk management trading, stop loss trading, forex trading, exness forex, open forex account, trading education, trading tips, market analysis, trading zones, trading basics, stock market trading, financial education, trading tutorial, beginner trading, how to trade stocks, trading for beginners, trading strategies, technical analysis trading
0 Comments