How to Earn Money in a Sideways Market Using Bigul | Best Range-Bound Trading & Option Strategies for Steady Profit

Let’s break it down step-by-step 👇

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📈 What is a Sideways Market?

A sideways market happens when a stock or index moves between a fixed support and resistance level for a long time.
Example: A stock keeps bouncing between ₹100 and ₹120 for weeks.

👉 It means neither bulls nor bears have control.
Perfect time for range-bound strategies.

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🧩 Step 1: Identify the Sideways Range

In Bigul’s charting platform (powered by TradingView-like tools):

1. Open the stock or index chart (like Nifty, HDFC Bank, or Reliance).
2. Set the timeframe to 1 hour or 4 hours for short-term, or 1 day for positional trades.
3. Draw horizontal lines where the price bounces repeatedly — that’s your support (bottom) and resistance (top).

Example:

• Support = ₹100
• Resistance = ₹120

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💹 Step 2: Choose How You Want to Trade the Range

There are three main ways to make money in sideways markets, especially in Bigul (since it offers both delivery and F&O trading).

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🧭 1. Buy at Support, Sell at Resistance (Range Trading)

Most simple and effective method.

Setup:

• Wait until the price hits the lower support level.
• Enter a buy order near support.
• Book profit near the upper resistance.
• Keep a stop loss below support (about 1–2%).

Example: Buy Reliance at ₹1000, Sell at ₹1050, SL ₹980.
Do this repeatedly as long as the range holds.

Tip: Use indicators like RSI (buy below 40, sell above 60) to confirm entries.

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⚙️ 2. Sell Options (F&O Strategy – For Experienced Users)

If you trade F&O in Bigul, this is a professional way to earn in sideways phases.

When the market is range-bound, option sellers make money because time decay (Theta) works in their favour.

Two powerful sideways strategies:

• Short Strangle: Sell one OTM Call and one OTM Put.
  Example: If Nifty = 22500, sell 22800CE and 22200PE.
• Iron Condor: A safer version — sell a strangle and hedge with far OTM options.

💰 You profit if Nifty stays between 22200–22800 till expiry.
Risk: If a strong breakout happens, use stop loss or adjustment.

Bigul allows option writing, margin benefit, and analysis through Strategy Builder in its F&O section.

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🔄 3. Scalping Small Moves (Intraday)

In a sideways market, large trends are absent — but tiny 0.5%–1% moves happen often.
Use Bigul’s intraday chart tools (5-min or 15-min) to scalp:

• Buy near lower band of Bollinger Bands
• Sell near upper band
• Exit fast with 0.5%–1% gain

🔑 Always use tight stop losses because false breakouts are common.

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🧠 Step 3: Use Indicators for Sideways Confirmation

Use these 3 indicators together:

1. Bollinger Bands — Flat bands = sideways.
2. ADX — Below 20 means no trend (sideways zone).
3. RSI — Oscillating between 40–60 = range-bound.

When all confirm sideways, switch to range or option-selling mode.

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📊 Step 4: Risk Management

Even in sideways markets:

• Risk max 1–2% of capital per trade.
• Don’t add to losing positions.
• Keep a stop loss order in Bigul always (use SL-Limit or SL-M).

You’ll survive long enough to profit consistently.

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💰 Step 5: Build Consistency

To earn consistently:

• Pick 2–3 range-bound stocks (like ITC, NTPC, or HDFC Life).
• Trade only their support-resistance levels.
• Maintain a trading journal in Bigul or Excel.
• Review weekly results — find your winning pattern.

That’s how professionals make small but steady returns in calm markets.

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🪙 Example Plan (You Can Try on Bigul)

Stock Support Resistance Buy Price Target Stop Loss ITC ₹425 ₹440 ₹427 ₹437 ₹422 HDFC Life ₹600 ₹620 ₹605 ₹615 ₹595

Keep repeating the cycle till breakout.

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🚀 Bonus Tip: Use Bigul Tools

• Bigul Option Strategy Builder – Create and test straddles/condors easily.
• Advanced Charting – For marking support/resistance zones.
• Price Alerts – To get notified when stock touches your level.

These help you act fast and avoid emotional trades.

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🧾 Pick Your Answer:

Do you want me to create a ready-to-use sideways trading strategy for Bigul (with indicators, entry, exit, and risk rules you can apply directly)?

[Yes]             [No]

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