Download as pdf or txt
Download as pdf or txt
You are on page 1of 21

#UDD Ja# # intraday#

only for cash trader


NK@STOCKTALK Academy
Video on you tube channel
UDD JA PATTERN- How to select the
stock?

IT Should be bullish on all time fame.

If there is a band blast it’s the best thing.

Use the following scanners to select the stock and then go to the
chart of these stocks.

https://chartink.com /screener/nk -sir-s-uptrend-stocks

https://chartink.com /screener/dabang -1?src=wassup

Until get experienced aim to take 3 % profit and get out


Udd ja Conditions for Scanners

These are the points to catch :

1. Vwap becomes flat

2. (In best case) Price close above vwap

3. Monthly and weekly already BB blast4

4. You may find Bollinger band blast on day time frame, on


shorter time frame of 5 and 10 mins you will find an increase
of price but completely dry volume between 11 -1am

5. AA sudden volume spike comes and price shoots


Scanner Conditions-Udd Ja
Identifying the conditions on Chart-15
Min Time frame.

• ON a 15 Min time frame


the V wap and Anchored V
wap both should be flat.

• Apply anchored V wap on


Nifty chart ( it will
automatically appear on all
charts)

• Anchored v wap date


should be 22nd March
2020.

• We will check if our V wap


and A V wap both are flat.
Identifying the conditions on Chart-
Shorter time frame of 3 mins.

Confirm the flatness of V wap and


Anchored V wap both on 3 min
time frame.

Also the price is travelling above V


wap all the time.

This stock takes break out and


travels and takes another
breakout and travels.

If you catch them on a breakout


its fine. To confirm the breakout
use Bollinger band.
Where to enter?
Check Bollinger Band, 3 min time frame

If it has given a breakout on


smaller time frame and its doing a
Bollinger walk, you can take and
entry at any lower point of the
Bollinger walk. (Shown by the
arrow)
The best time to enter is after 1
PM as you may block your capital
if the side ways movement
continues.
UDD JA PATTERN ( BB Sqeeze)

• In the formation of f lat patter


there is Bollinger band
squeeze also takes place.

• When ever the price turns it


does form a BB Trap on a 10
min char t.

• Your target should be two to


three times the range of the
BB Squeeze.
What target to keep?

Target is always three times of the morning trade


in the stock when the market is range bound.
But this stock has already taken a breakout at
from 299 to Rs 320 a movement of 21 points
already taken. So maximum it will go till 63 points
total , it means we can keep a target of 63 – 21
already done= 42 points. This is the target if we
catch it right at the breakout.

Normally it does not go beyond 3 times the


morning trade range.
If we enter somewhere in the middle of a break
out in that case the target will be near upper
circuit.

If in the morning it has increased say by 2-3


percent then you can have a target of three times
of this morning increase or if you enter in the
middle then target to be near the upper circuit
Most important point?

The most important point is that it


must have a flat V wap and Anchored
v wap and price above V wap.
When ever it becomes flat and moves
up it easily gives 10-12 points return.
40-50 percent time it gets locked at
the upper circuit and then it will be at
days high full day and it will not come
down.
Another example of Flat pattern

• Flat V wap and Anchored V wap and


then break out . Train your eyes to
identify these patterns.
• We should also check the volume.
After the morning move volume
dries up completely.
• We need to enter the trade when
the band blast is happening or else
we can get stuck with the trade for
the day blocking our capital.
UDD JA PATTERN
( flat pattern-More Examples-See the drying
volume)
• S L H u n ti ng d o e s n o t i m p a ct yo u .

• We ne ed t o ca tch the s to ck b efo re


p ri ce g oe s u p, d u rin g the
co n s o l id atio n p h a s e i ts e lf.

• Sta r t wi th ca s h s to c k the n af ter


p ra cti ce g o f o r o p ti o n .

• O ptio n i den tif ie d u si ng this m ethod


b e co me s 4 ti me s also d uri ng
i n tra day its elf.

• Id e n tify th e co n s o l i da tion .
UDD JA PATTERN
(How to identify?)

More examples
UDD JA PATTERN ( Silent features)

• It forms in two ways, band will blast and then it will be flat in the
noon ( gives upto 5 % return) or it will be flat right since morning.

• If it is flat since morning it gives a very good return. (10-12 % Or


even upper circuit)

• It is formed only when the big money has some smart plan.

• First you will find increase in volume and then the volume dries
up.

• SL will be one candle close below the Avwap.

• Draw a line above the high of the consolidation zone and


whenever the price give a close above that line it’s a good time to
enter.

• It will give a good return in 30-45 mins.


UDD JA PATTERN ( Example of
Option)

• Example of 4 rupees option becoming 16 rupees . During this wave


premium is added to the option price and it gives very good return.

• Every day about 50 stocks form flat pattern and we need to identify
one.
UDD JA PATTERN (NEVER SELL
OPTION IN THIS WAVE)

• Never sell option in this


pattern.

• Option will not loose its


premium in this situation.
From intraday to Positional, are you
safe?

In this pattern once the target is achieved


in the intraday it has a tendency to either
reduce the movement or come back to V
wap.
So even if you have bought at higher price
no need to panic. Conver t it to positional .
These trades are ver y bullish on all the
time frame so even if you are stuck and
you are not able to exit it will give you
ver y good returns in positional also.
Catch the Exit Signs-Train your eyes

Exit

This is the trade to catch the momentum , once the Bollinger walk on smaller
time frame is over you can plan your exit. It will come back to the station that is
V wap. Exit the trade when it leaves the Bollinger walk.
Example of Mothersumi
Small Stop loss-Where to place?

SL should be
put one point
below V wap
but that will be
rarely hit.
Thank you for your attention

You might also like