How We Made 83+ Lakh Profit🔥in Just 30 Days | Profitable Trading Strategy🚀 | YAK Trading

YAK Trading

6 Jul 202414:04

Summary

TLDRThe video script discusses a new weekly series on market updates, trends, and sector performances. The host shares insights on trading strategies, emphasizing the importance of understanding market trends through 30-minute time frames over 30 days. They also talk about integrating a credit letter section and monthly updates, aiming to build trust with the audience. Sector-specific analysis is provided, highlighting IT as a strong sector for swing trading. The host encourages viewers to focus on strength in the market for breakout trades and mentions their educational mission, responding to comments and questions from the audience.

Takeaways

😀 The video is part of a new series called 'Weekly Market Updates', focusing on weekly trends, market performance, and sectoral performance.
📈 The presenter discusses the overall trend of NIFTY and BANK NIFTY, suggesting the use of a 30-minute time frame to understand market trends better.
📊 The script mentions that the market is currently in an uptrend, with consolidation phases and expansion moves, indicating a bullish view if the market continues without showing weakness.
📉 The BANK NIFTY is noted to be underperforming slightly due to stock-specific news, with a major component having a gap-down movement.
📝 The presenter emphasizes the importance of building trust with the audience by consistently providing professional and profitable trading insights.
📉 The script highlights the current support and resistance levels for NIFTY and BANK NIFTY, with 24200 as the nearest support and 24000 as the major support level.
📈 The IT sector is pointed out as the strongest sector for the week, suggesting it as a good area for long bets and exploring stock patterns within it.
📊 The video also discusses the performance of broader indices and sectors over the past week, indicating the IT sector's strong performance.
📈 The presenter advises focusing on strength in the market and looking for breakout trades in areas of strength, as breakout setups are more likely to succeed there.
📊 The monthly PNL (Profit and Loss) of a consolidated account is shared, showing a positive performance due to good premium opportunities and a discriminatory approach.
👍 The video concludes with a request for audience engagement, asking viewers to share, follow, subscribe, and like the content, and to provide comments for interaction.

Q & A

What is the main topic of the video script?
-The main topic of the video script is about providing weekly market updates, discussing weekly trends, market performance, and sectoral performances, along with integrating a section called 'Credit Letter' into the series.
Why did the speaker merge the 'Credit Letter' section into the video series?
-The speaker merged the 'Credit Letter' section to provide additional valuable insights such as PNL (Profit and Loss), and to build trust with the audience by showing that the professionals are consistent and profitable traders.
What is the suggested approach for understanding market trends if someone finds it difficult?
-The suggested approach is to use a 30-minute time frame and observe it over 30 days to get a clear picture of the market trends.
What is the current view or perspective on the NIFTY index as discussed in the script?
-The current view on the NIFTY index is bullish as the market is seen moving upwards, consolidating, and then extending upwards, with the nearest swing low acting as support.
What is the significance of the 24200 level mentioned in the script for the NIFTY index?
-The 24200 level is considered intermediate support for the NIFTY index. If the market closes below this level, it could indicate a reversal, and a cautious approach towards long positions would be needed.
What is the Bank NIFTY's performance trend as mentioned in the script?
-The Bank NIFTY is performing in an upward trend, but it has recently moved downwards due to some stock-specific news, causing a gap down.
What advice is given for trading in the market based on strength and breakout trades?
-The advice given is to focus on the strength in the market and look for breakout trades in areas where there is strength, as breakout setups are more likely to succeed in strong sectors rather than in weak or side territory.
What is the importance of the IT sector in the context of the script's discussion on sectoral performances?
-The IT sector is highlighted as the strongest sector, suggesting that for long bets, exploring the IT sector could be beneficial, especially if there are good stock patterns or setups.
What is the purpose of the monthly PNL (Profit and Loss) discussion in the script?
-The purpose of the monthly PNL discussion is to showcase the performance of the trading accounts, demonstrating the effectiveness of the trading strategies and the quality of the premium education provided.
What is the response to the comment about having a lot of money and still needing a channel?
-The response clarifies that the focus of their trading training arm is to provide quality education, and having a channel helps reach a wider audience, which is beneficial both for the learners and as a business strategy.
What is the future plan mentioned in the script regarding subscriber growth and content sharing?
-The future plan includes sharing daily trading analysis and eventually conducting live trading sessions once the subscriber count reaches a target of 5000.
What advice is given for those interested in scalping as a trading style?
-The advice given is to first focus on swing trading and higher time frames before moving to scalping, as it requires a superior level of expertise and is one of the most difficult forms of trading.
What is the final request made by the speaker to the audience?
-The final request is for the audience to show more love for the channel by sharing the videos, following, subscribing, liking, and commenting, to help the channel grow and continue providing valuable content.

Outlines

00:00

📈 Weekly Market Updates and Trend Analysis

The speaker introduces a new series titled 'Weekly Market Updates' aimed at discussing weekly trends, market performance, and sectoral performances. They merge their 'Credit Letter' section to provide additional insights, emphasizing the importance of building trust with the audience by showcasing professional and consistent traders. The speaker uses technical analysis to interpret the Nifty index's trends over a one-month period with a 30-minute time frame, suggesting that observing the market trends over 30 days can provide a clearer picture. They note the current bullish view of the market, pending consolidation, and discuss potential support levels for trading strategies.

05:00

📊 Sectoral Performance and Trading Insights

This paragraph delves into the performance of various indices, highlighting the Nifty's position and the underperformance of the Bank Nifty due to stock-specific news. The speaker identifies IT as the strongest sector for long bets and advises exploring stocks within it for potential trades. They discuss the importance of focusing on strength in the market for breakout trades and the significance of observing market trends in different time frames. The speaker also touches on the performance of metals and automobiles in a broader time frame, providing insights into trading ideas based on market strength and trends.

10:03

📚 Engaging with the Audience and Future Content Plans

The speaker expresses gratitude for the audience's support and addresses comments received on a previous video, clarifying the purpose of their trading training arm focused on quality education. They discuss the benefits of reaching a wider audience for business growth and the importance of credibility in the field of trading. The speaker outlines future content plans, including daily analysis, and mentions the target of reaching 5000 subscribers to introduce live trading sessions. They advise viewers on the importance of starting with higher time frame trading before moving to scalping due to its difficulty. The speaker also hints at providing free educational lectures and requests the audience to share the channel to help it grow.

Mindmap

Keywords

💡Market Updates

Market Updates refer to the latest information or changes in the financial markets. In the context of the video, it is a key theme as the speaker discusses weekly trends, market performance, and sectoral performances, providing insights into the current market situation.

💡Credit Liti

Credit Liti appears to be a section of the video content that has been merged with the series 'Weekly Market Updates'. It suggests that the speaker will also discuss personal loans and other financial credit-related topics, aiming to provide a comprehensive view of financial literacy.

💡Technical Analysis

Technical Analysis is a method used in the stock market to forecast the direction of prices through the study of past market data, primarily price and volume. The speaker mentions using a 30-minute time frame to understand market trends, which is a common practice in technical analysis.

💡Trend

A trend in the financial context refers to the general direction in which prices are moving. The script mentions identifying whether the market is in an uptrend or downtrend, which is crucial for making informed trading decisions.

💡Support and Resistance

Support and resistance are levels on a price chart where the price of an asset tends to stop and reverse. In the script, the speaker discusses these levels, particularly 24200, as areas where the market might find a pause or reversal in its movement.

💡Sectoral Performance

Sectoral Performance refers to how different sectors of the market are performing over a period. The video script mentions analyzing the performance of various sectors like IT, banking, and PSU, which is important for investors to identify potential investment opportunities.

💡Breakout Trades

A breakout trade in trading occurs when the price of a security moves beyond a defined support or resistance level. The speaker suggests focusing on breakout trades in sectors with strength, indicating a strategy for identifying potential trading opportunities.

💡Strength

In the context of the video, strength refers to the relative performance or momentum of a market sector or security. The speaker advises focusing on sectors with strength for better trading outcomes, such as the IT sector mentioned in the script.

💡Swing Trading

Swing Trading is a trading strategy that aims to capture gains in markets by holding positions from a few days to a few weeks. The speaker mentions that for those who carry long positions, sectors like IT can offer opportunities for swing trades.

💡Monthly P&L

Monthly P&L stands for Profit and Loss, which is a financial statement that summarizes the revenues, costs, and expenses incurred over a month. The script refers to showing the monthly P&L to demonstrate the performance of the speaker's trading strategies.

💡Verified

In the context of the video, 'Verified' seems to refer to the credibility of the speaker's trading results or the authenticity of the content provided. The speaker mentions providing a verified link in the video description to substantiate the claims made in the video.

Highlights

Introduction to a new series 'Weekly Market Updates' discussing weekly trends, market performance, and sectoral performance.

Merging the 'Credit Letter' section into this series to provide insights on PNL, other topics, and monthly updates.

Emphasis on creating videos not only for entertainment but also for educating the audience on market trends and trading strategies.

Suggestion to use a 30-minute time frame and 30-day chart to understand market trends better.

Analysis of the Nifty index's overall trend and current market formation, suggesting a bullish view if the market doesn't show weakness.

Identification of the nearest support level for the market at 24200 and discussion on market reversal signs.

Bank Nifty analysis highlighting its performance, the impact of news flow, and its support area.

Discussion on sectoral indices performance over the week, focusing on IT sector's strong performance.

Advice on exploring the IT sector for long bets due to its current strength and potential for growth.

Importance of focusing on strength in the market for breakout trades and how strength affects trade direction.

Metals sector analysis, comparing its 90-day and 30-day performance, indicating stronger territory in the longer frame.

Introduction of monthly PNL accounts performance, emphasizing the importance of premium quality education and its impact.

Response to a viewer's comment about the channel's credibility and the intention behind providing quality education.

Plan to share daily trading analysis once the subscriber count reaches 5000 and the idea of live trading sessions.

Advice on starting with higher time frame trading before moving to scalping due to its difficulty level.

Encouragement for viewers to share the channel and videos to help grow the audience and reach for more content.

Introduction of a special series with verified PNL links to assure viewers of the genuineness of the content provided.

Request for viewers to support the channel by sharing, following, subscribing, and liking the content.