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Master Your Trading Monday: The Ultimate Pre-Market Routine for Indian Traders

Mondays set the tone for your trading week – weekend news, global gaps, and pent-up volatility demand ruthless preparation. For Nifty, Bank Nifty, or stock traders, this 7-step checklist transforms chaotic openings into structured profit opportunities.

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1. Audit Your Previous Friday & Week

Why: 80% of recurring mistakes are preventable with data-driven reviews.

Journal Deep Dive:

Win Rate: Target >55% with 2:1 risk-reward.

Emotional Errors: Tag trades influenced by FOMO or panic (e.g., "Exited RELIANCE early due to noise").

Critical Metrics:

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| Stock    | Entry  | Exit   | P&L   | Mistake          |  
|----------|--------|--------|-------|------------------|  
| HDFCBANK | ₹1,650 | ₹1,700 | +₹50  | Held past target |  
| TATASTEEL| ₹145   | ₹138   | -₹70  | Ignored stop-loss|  

WCT Tip: Use TraderSync to auto-flag revenge trades or overtrading patterns.

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2. Decode Global & Domestic Catalysts

Weekend News That Moves Markets:

Global	Impact on India	Watchlist Stocks
U.S. Tech Sell-off	Nifty IT gap-down	TCS, INFY
Brent Crude > $85	ONGC, Reliance surge	ONGC, RELIANCE
Fed Rate Decision	Bank Nifty volatility	HDFCBANK, KOTAKBANK
Domestic Triggers:

RBI policy hints → Bank Nifty futures
FII/DII activity (NSE Friday data) → Large-cap momentum

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3. Map Nifty, Bank Nifty & Sector Trends

Pre-Market Technical Scan:

Nifty Sentiment Signals:

Bullish: Price > 20-EMA + RSI > 60
Bearish: Lower highs + MACD < 0

Sector Rotation:

Strong: Pharma (CIPLA, SUNPHARMA breaking resistance)
Weak: Realty (avoid if distribution detected)

Key Levels: Note Friday’s high/low as immediate support/resistance.

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4. Curate a High-Probability Watchlist

3 Types of Monday Plays:

Breakouts:

TATAMOTORS > ₹950 + volume > 1.5x avg

Support Reversals:

SBIN near ₹600 (200-SMA) + RSI < 30

Momentum Continuation:

ADANIENT up 10% Fri → Gap-and-go if SGX Nifty strong
Screener Filters: Volume > 500K, ATR > 3%, RSI 40-60.

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5. Lock In Your Battle Plan

Intraday Tactics for Opening Hour:

Scenario	Strategy	Example
SGX Nifty Up 0.8%	Buy gap continuations	BAJAJFINSV, RELIANCE
SGX Nifty Down 1%	Fade weak gaps	Short TATASTEEL if opens +3%
Choppy Open	Scalping 0.5-1% moves	ICICIBANK (1-min charts)
Risk Rules:

Stop-loss: 1% below entry

Max risk: 1% capital/trade

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6. Pre-Market Live Checks (6:30 AM IST)

Critical Data Points:

SGX Nifty: +0.5% = buy Bank Nifty calls; -0.7% = prepare puts.
Asia Markets: Nikkei/Hang Seng trend → Nifty correlation.
FII Activity: Net selling → avoid long bets.
Commodities: Gold ↑ = Defense stocks (HAL, BEL).

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7. Mental Reset & Execution Rules

Pre-Open Ritual (6:00-9:15 AM):

6:00 AM: 10-min meditation (Calm or Headspace)
6:30 AM: Review watchlist + news
7:00 AM: Visualize 3 winning trades

Trading Hour Commandments:
 No trades before 9:20 AM (avoid "noise traps")
 Max 4 trades/day
 Phone on DND + stress ball at desk

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Bonus: Post-Monday Journal Template

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**Best Trade:**  
- Stock: ADANIENT  
- Why: Held 2:1 RR as per plan → captured 4% gain  
**Worst Trade:**  
- Stock: TATASTEEL  
- Error: Ignored stop-loss → turned -1% into -4%  
**Weekly Goal:** "Wait for 9:20 AM confirmation candles"  

Monday Pro Insight:
"SGX Nifty gaps fill 70% of the time by noon. Fade them with 1:3 RR."

Your Action Plan:

Backtest last month’s Monday trades.
Set 3 price alerts for your watchlist.
Risk NOTHING before 9:20 AM.
Master Monday, and the week follows.