Profitable Trading Tips with the 15 Minutes Built-Up Screen : IDFC Case Study.

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Colourful NumbersWe have continuously flagged “15-Minutes Built Up Screen” in our F&O product as one of the most important screens for devising profitable trading strategies. For every stock, this screen gives a snapshot every 15 minutes for the open interest (OI) and a breakup of fresh and square-off contracts along with volumes.

We highlight the use case around “Intra-day trading using short built up” in this study. Theoretically short built up implies increase in OI and decrease in price. A short built up is seen as a bearish trend for that particular stock in the short term. A trader can exploit this trading opportunity either through short selling or buying a put of an appropriate strike price.

We highlight a case study for IDFC. IDFC was in focus on 1st October 2015 given the news flow around the stock. The stock value went down sharply given the de-merger of IDFC bank business. Our 15-minutes built-up screen for IDFC indicated that only fresh contracts were opened since 10:15 a.m. for a significant duration i.e. for 135 minutes up to 12:30 p.m. The Zone was clearly Short Built Up with zero Square-offs.

IDFC

Clearly an appropriate trading strategy can be built to capture this. After seeing first 3 zones of short built-up (10:15 a.m. – 11:00 a.m.), a positional trader could have shorted the stock in the range of INR 65-66.

As expected, IDFC stock price decreased over the next sessions. The stock reached a low of INR 59.80 during the day i.e. down by almost 10% from the morning session. By using Heckyl’s 15-Minutes Built Up screen, one could have made profits by using the short-selling strategy.

The F&O solution of Heckyl will help a trader to make profitable trades on-the-go in the market. To know more, mail us at info@heckyl.com.

5 thoughts on “Profitable Trading Tips with the 15 Minutes Built-Up Screen : IDFC Case Study.

    Omid said:
    October 3, 2015 at 8:30 am

    That is good but out of all NIfty stock how some one can get alerts about 1 or 2 partiucuar stocks, DO you have any method to get alert?

    Like

      Heckyl Technologies responded:
      October 9, 2015 at 5:25 am

      Currently not, however this is expected to be available in the near future.

      Like

    hitesh said:
    October 4, 2015 at 8:49 am

    Wow it really is fruitful

    Like

    RUSHIKESH said:
    January 11, 2016 at 11:55 am

    sir in which securities trading platform it is available efficiently

    Like

      Heckyl Technologies responded:
      January 18, 2016 at 6:28 am

      Dear Rushikesh,
      The 15 Minutes Built-up screen is one of the top features under the Futures and Options Analytics from Heckyl.

      The feature is available at the following Broking houses : Bonanza Online, Edelweiss, Geojit BNP Paribas, India Infoline, ICICI Securities, JM Financial, Kotak Securities , Reliance Capital, Religare.

      You may reach out to any of the broking firms for further questions on accessibility and use.

      Stay in touch with Heckyl’s analytical insights through our blog and join us on Facebook, LinkedIn or Twitter. Visit us at http://www.heckyl.com.

      Warm Regards,
      Team Heckyl.

      Like

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