๐ฏ Scalping ยท Range breakout
1-minute consolidation breakout
Identify a tight 10โ15 minute range on the 1-min chart. Buy the first candle that breaks and closes above the range; tight stop inside. Small target โ a couple of range-heights.
Setup
- Chart: 1-min candles on liquid intraday instruments
- Identify a tight range: 10-15 consecutive bars trading within a narrow ยฑ2-3 point band (Nifty) or 0.15-0.25% band for stocks
- Volume during the range should be below the 20-bar average โ quiet consolidation before expansion
Entry
Enter on the CLOSE of the first candle whose body breaks fully above the range high (long) or below the range low (short). Confirm with volume โฅ 1.5ร the range's average volume.
Exit
Target = 2ร the range height (measured move). Take profit at that level; if strong momentum persists, trail behind the last 3-bar swing pivot.
Stop-loss
Back inside the range โ a few ticks beyond the middle of the range. If price closes back inside the range on the next bar, exit immediately (fake breakout).
When it works
- Volume confirms the breakout candle
- Range compressed for 15+ minutes โ the longer the coil, the stronger the release
- Broader market direction supports the breakout side
When it fails
- Low-volume breakout โ most fail within 3-5 bars
- Range broken during illiquid periods (12:30-1:30 pm)
- Fake breakout followed by immediate reversal โ cut fast, no averaging
General trading rules that apply
Regardless of the specific setup, these apply to every strategy on this site:
- Never risk more than 2% of your account on a single trade
- Place a hard stop-loss before entering โ no exceptions
- Journal every trade: setup, reason, outcome, one lesson
- After two consecutive losses, stop for the session
- Backtest and paper-trade for a month before deploying real capital
Every strategy here is part of our in-house catalogue, written and calibrated for Indian markets. Past behavior does not guarantee future results. Charts run against 2-year Nifty data โ actual results in your account will vary. Backtest, paper-trade, and size responsibly before risking real capital.