Quick answer
- Platform setup: Choose NSE/BSE, clean dark chart, candlesticks.
- Timeframes: 15m for intraday, 1h/Daily for swings and trend bias.
- Core indicators: EMA 20/50/200, RSI 14, VWAP, Volume/Volume Profile.
- Workflow: Mark S/R, set alerts, maintain watchlists, review multi-timeframe.
- Risk tools: Use position size, break-even calculators; follow strict rules.
Introduction
Struggling with cluttered TradingView charts for Indian stocks? Overlapping indicators and wrong settings cause hesitation, late entries, and missed profits. Here’s the solution: a clean, rule-based TradingView setup tailored for NSE/BSE that improves clarity, speeds decisions, and supports consistent execution.
This guide gives you a step-by-step process to configure TradingView for Indian markets—beginner-friendly yet pro-grade. You’ll learn the exact timeframes, indicators, layouts, alerts, and risk tools to trade with confidence.
Select the right market and exchange
NSE, BSE, MCX selection
- NSE: Primary choice for liquid equities and indices (NIFTY, BANKNIFTY).
- BSE: Wider listing set; use when specific symbols aren’t on NSE.
- MCX: For commodities (Gold, Silver, Crude Oil) if you trade futures.
Ticker format: Verify symbols (e.g., RELIANCE.NSE, TCS.NSE, HDFCBANK.NSE). Add both NSE/BSE tickers to watchlists to avoid missing liquidity.
Choose timeframes aligned to your strategy
Intraday, swing, and investor views
- Scalping: 1m/5m for fast setups; require crisp rules and alerts.
- Intraday: 15m as primary with 1h higher-timeframe confirmation.
- Swing: 1h/Daily for trend structure; Weekly for bias.
- Investing: Daily/Weekly/Monthly for cycles and major levels.
Workflow tip: Start from Weekly → Daily → 1h → 15m. Mark levels top-down, then wait for confirmations on your entry timeframe.
Build a clean, high-signal indicator stack
Core indicators (keep 3–4 max)
- EMA 20/50/200: Short, medium, and long trend context; watch dynamic support/resistance.
- RSI 14: Momentum and overbought/oversold; use divergences for timing.
- VWAP: Intraday institutional anchor; respect VWAP tests and reclaim patterns.
- Volume/Volume Profile: Identify high-volume nodes, value areas, and breakout validity.
Less is more: Remove overlapping signals. If two indicators tell the same story, keep one. Prioritize price action and volume.
[Link to Position Size Calculator] • [Link to Break-Even Calculator] • [Link to Trading Course]
Customize chart appearance for focus
Layout and visibility
- Theme: Dark background for contrast; reduce grid intensity.
- Candlesticks: Clear wicks and bodies; avoid exotic chart types initially.
- Colors: Use consistent bullish/bearish colors; highlight EMAs distinctly.
- Drawing tools: Horizontal rays for S/R, trendlines sparingly.
- Saved layouts: Create “Intraday” and “Swing” layouts; sync via your account.
Mark levels, structure, and confluence
Price action first
- Key levels: Prior highs/lows, gaps, round numbers, opening range.
- Structure: HH/HL vs. LH/LL; trade with the dominant leg unless reversal signals appear.
- Confluence: Level + EMA + RSI divergence + volume expansion = higher odds.
Checklist: Is the trend clear? Are levels respected? Is momentum aligned? Is volume confirming? If not, wait.
Use alerts and watchlists to automate discipline
High-value alerts
- EMA crosses: 20 over 50 for momentum shifts.
- RSI thresholds: Touching 30/70 or divergence line breaks.
- Breakouts: Price crossing marked S/R with volume conditions.
- VWAP reclaims: Intraday mean-reversion or continuation signals.
Smart watchlists
- NIFTY 50 & BANKNIFTY: Core index movers.
- Sector lists: IT, Pharma, Auto, Financials to catch rotations.
- Midcaps/high-volume: For momentum opportunities.
Risk management and execution flow
Protect capital first
- Position sizing: Risk a fixed % per trade; calculate shares/contracts precisely.
- Stop placement: Beyond structure (swing high/low), not random points.
- Break-even rules: Move to BE after defined RR, not emotionally.
- Journal: Track entries, exits, rationale, and screenshots.
Tools: [Link to Position Size Calculator] • [Link to Break-Even Calculator] • [Link to Trading Course]
Key benefits of this TradingView setup
- Clarity: See trend, momentum, and levels at a glance.
- Speed: Faster, rules-based decisions with alerts and watchlists.
- Consistency: Repeatable process across timeframes and instruments.
- Confidence: Trade only when high-confluence conditions appear.
Common mistakes to avoid
- Indicator overload: More isn’t better; it’s slower and confusing.
- No higher-timeframe view: Entries against the bigger trend have poor odds.
- Ignoring volume: Breakouts without volume often fail.
- Random stops: Stops must align with structure and volatility.
- Changing rules mid-trade: Stick to your plan; review later.
Pro tips and insider hacks
- Pine Script: Automate signals for your EMA/RSI/VWAP logic.
- Replay mode: Backtest visually; validate entries and exits.
- Session templates: Use India market session highlight for open/close patterns.
- Multi-monitor layouts: Keep higher timeframe on one screen, entry chart on another.
- Sector heatmaps: Track rotations to pick strongest names.
Ready to trade like a pro?
Charts are half the battle. Learn strategies, psychology, and risk rules tailored to NSE/BSE in our ₹499 Trading Course.
Join the ₹499 Trading Course NowFAQs
Is TradingView free for Indian markets?
Yes. You can access NSE/BSE charts in the free plan; premium unlocks more alerts, layouts, and tools.
Which indicators are best for intraday?
EMA 20/50, RSI 14, VWAP, and Volume. Keep the stack lean and price-action focused.
Can I trade directly from TradingView in India?
You can connect supported brokers and place orders from the chart interface.
Best chart type for beginners?
Candlesticks. They convey structure, momentum, and sentiment clearly.
How to set alerts for NIFTY 50 stocks?
Right-click price → Add Alert → Choose condition (EMA cross, level break, RSI) → Set notifications.
Do I need premium to succeed?
No. Start with the free plan; upgrade if you need more concurrent alerts/layouts.
How to avoid clutter?
Limit to 3–4 indicators, focus on levels and volume, and save clean templates.
Conclusion
A structured TradingView setup for Indian markets gives you clarity and confidence. With the right exchange, timeframes, indicators, levels, alerts, and risk rules, you’ll stop guessing and start executing. Use the templates and checklists above, then refine them to your style.
Take control of your trading journey
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