Previous Day High/Low

Futures Beginner NIFTY Futures BANKNIFTY Futures FINNIFTY Futures Stock Futures

Directional Momentum on Break of Key Reference Levels

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Quick Reference

Strategy Type Breakout Trading Based on Prior Session Extremes
Market Outlook Directional Momentum on Break of Key Reference Levels
Risk Profile Defined Risk Using PDH/PDL as Reference
Reward Profile 1:1.5 to 1:3 Risk-Reward Typical
Time Horizon Intraday to Swing (1-3 days)
Capital Requirement Medium (MIS or NRML Margin)
Margin Type MIS for Intraday, NRML for Positional
Best Used When Trending markets, breakout days, range expansion phases

When to Use This Strategy

Trending markets, breakout days, range expansion phases

India-Specific Notes

Lot Sizes

NIFTY 25 units per lot
BANKNIFTY 15 units per lot
FINNIFTY 25 units per lot

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