Nifty Opening Range Breakout Advanced by hiteshStrategy Overview: Nifty 50 ORB
This strategy focuses on the first 15 minutes (or your preferred timeframe) of the Indian market session (09:15 AM – 09:30 AM). It is designed to capture the volatility created by institutional order flow and overnight news reactions.
1. The Setup: Defining the "Battle Zone"
Timeframe: 15-Minute Chart (Standard) or 5-Minute (Aggressive).
Establishment: Mark the High and Low of the first 15-minute candle. This range represents the initial balance between buyers and sellers.
Personal Condition (The Gap Rule): Ideally, look for days where Nifty has "Gapped Up" or "Gapped Down." Gaps often provide the necessary fuel for a sustained breakout.
2. Execution: Buy & Sell Signals
Buy Signal (Bullish Breakout)
Primary Trigger: A candle must close decisively above the Opening Range High (ORH).
Volume Filter: The breakout candle should have a volume spike (at least 1.5x to 2x the average of the previous few candles).
Personal Experience Tip: Wait for a "Retest." If the price breaks out and then successfully bounces off the ORH (now acting as support), the probability of success increases significantly.
Sell Signal (Bearish Breakout)
Primary Trigger: A candle must close decisively below the Opening Range Low (ORL).
Volume Filter: Look for increasing selling pressure on the breakout bar.
Personal Experience Tip: If Nifty is trading below the VWAP (Volume Weighted Average Price) at the time of the breakdown, it adds a massive layer of confirmation for the short side.
3. Risk Management & Personal Filters
A strategy is only as good as its exit plan. Based on experience, these conditions help avoid "Bull/Bear Traps":
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