🔥 The Pain Every Trader Knows
If you’ve ever stared at a chart with no clue whether to buy or sell, I’ve been there too. I used to jump into trades based on news, gut feeling, or someone’s “hot tip” on Telegram. The result? Stop-loss hits, account drawdowns, and frustration that made me question if trading was even worth it.
Everything changed when I discovered one simple chart setup that works across market conditions, doesn’t need fancy indicators, and gives me a clear, mechanical entry & exit. This is what I’m going to share with you today.
💡 Why This Strategy Works
This isn’t magic — it’s market psychology. The market moves because traders act on fear and greed. My setup is designed to catch the moment when a large group of traders commits in the same direction — often leading to explosive moves.
- Timeframe: 5-minute candle charts.
- Market Scope: Works for BankNifty, Nifty, and liquid stocks.
- Core Principle: Identify the breakout from a consolidation zone during high volume.
Because it’s based on real-time price action, it adapts to intraday volatility and avoids the lag of traditional indicators.
📜 Step-by-Step: The 5-Minute Candle Breakout Setup
Step 1: Identify the Opening Range
Mark the high and low of the first 15 minutes after the market opens. This is your opening range — the zone where early market sentiment forms.
Step 2: Wait for Breakout Confirmation
Don’t jump in immediately. Wait for a 5-minute candle to close above the high (for a buy) or below the low (for a sell).
Step 3: Volume Check
Confirm the breakout with at least 1.5x the average volume of the last 5 candles.
Step 4: Entry
Enter on the next candle after confirmation. Keep your position size in check — risk only 1–2% of your capital per trade.
Step 5: Exit
- Target: 1:2 risk-reward ratio minimum.
- Stop-loss: Just inside the breakout zone.
- Trailing Stop: Optional, to lock in profits.
Get the complete TradeTantra Trading Starter Pack for just ₹499 (originally ₹50,000).
✅ 15+ courses | ✅ Demo trading tools | ✅ Buy/sell signal systems | ✅ Private community access
🔥 Limited-Time Offer – 99% OFF!
Join Now →
📊 Example: BankNifty in Action
On 2nd August, BankNifty opened flat and consolidated in a 40-point range for 15 minutes. The breakout happened at 9:30 AM with a massive green candle closing above the high — backed by double the average volume. Within 40 minutes, it rallied 200+ points, easily hitting the 1:2 RR target.
This kind of move happens almost daily — but only traders with a clear system catch it consistently.
🚫 Common Mistakes to Avoid
- Entering before candle close — avoid false breakouts.
- Ignoring volume confirmation — low-volume breakouts often fail.
- Risking too much — even a winning setup fails if you blow up your account.
- Overtrading — stick to 1–2 high-quality setups per day.
🎯 Who Should Use This Strategy?
This is ideal if:
- You’re a beginner looking for an intraday trading strategy for beginners.
- You trade part-time and can’t watch the market all day.
- You want a high win rate trading system without relying on 10 indicators.
⚡ Bonus Pro Tip
For advanced use, combine this with the previous day’s high/low levels. Breakouts aligned with these levels have a much higher probability of running further.
❓ Frequently Asked Questions
Is this strategy good for BankNifty?
Yes, it’s highly effective for BankNifty and Nifty due to their volatility and liquidity.
Can I use this without indicators?
Absolutely. It’s purely price-action based.
What is the success rate?
In backtests, around 65–70% with strict rules and risk management.
Is this suitable for beginners?
Yes — in fact, it’s one of the simplest ways to start disciplined intraday trading.
Most beginners spend ₹10,000+ on bad courses or random signals.
You can get the full TradeTantra Trading Starter Pack — normally ₹50,000 — for just ₹499 today.
This includes 15+ premium trading courses, demo tools, buy/sell signals, and lifetime private community access.
📈 Learn what actually works — not what YouTube teaches.
Click here to join now →
Limited-time offer. Once it's gone, it's gone!