Frequently Asked Questions

What is DaySwingTrader?

We track unusual options activity on India's National Stock Exchange, in real time. When an unusually large or aggressive options trade hits the tape — on NIFTY, BANKNIFTY, SENSEX or any of 200+ NSE stocks — we flag it within seconds, then check it against real open-interest data to establish whether it opened a genuinely new position or simply closed an old one. Most tools skip that second step, and it changes the meaning entirely.

Do I need a broker account or login?

No. We never connect to your trading account, never ask for broker credentials, and never place trades. We read public exchange data only. All you need to sign up is an email address.

What do you cover, and when?

NIFTY, BANKNIFTY, SENSEX and more than 200 individual NSE stocks with listed options. Alerts run every trading day from 9:15am to 3:40pm IST — note that equity derivatives now trade until 3:40pm following SEBI's closing auction change, and our capture runs to the new close.

What's the difference between a sweep and an accumulation?

A sweep is one aggressive order hitting the tape at once, often taking multiple price levels — it signals urgency. An accumulation is the same contract being bought repeatedly through the session — it signals a position being built patiently. They behave differently, so the live flow lets you filter for each separately.

What does "OI confirmed" mean?

Open interest is the number of contracts still outstanding. If OI rises after a large trade, new contracts were created, so someone opened a genuinely new position. If OI falls, the trade closed an existing one. Two trades can look identical on the tape and mean opposite things — open interest is the only way to tell them apart. Full explanation here.

Why does a card say bearish when it's a call option?

Because direction comes from who was aggressive, not from whether the contract is a call or a put. If a large trader is selling calls into the bid, that's a bearish position even though calls are involved — they're betting the stock stays below that strike. Buying calls at the ask is bullish; writing calls at the bid is bearish. The same logic runs in reverse for puts.

There are a lot of alerts. Which ones should I act on?

Prefer: alerts marked Confirmed carrying a fresh-OI tag, with size that stands out for that name — roughly ₹1 Cr+ on a stock, ₹2 Cr+ on an index. The same strike firing the same direction repeatedly through a day is conviction building.

Avoid: anything tagged covering or long-side closing — that's a trader exiting, not starting, and says little about direction. Also skip a strike that fires both ways in one session: two large players disagree there, and the honest read is "no edge", not a signal.

I saw a bullish sweep but the stock fell. Why?

A sweep tells you someone bought aggressively at that moment. It doesn't tell you they were right, and it doesn't tell you how long they intended to be right for. Most sweeps are short-horizon trades, so judging one by the closing price is often the wrong yardstick — a signal can be up 25% within fifteen minutes and flat by the close. That's why every alert shows its outcome at 15 minutes, 60 minutes and the close, so you can judge it on the clock you actually trade.

There's also a second case worth knowing: if a call and a put are bought on the same strike in the same instant, that's one trader betting on a big move in either direction, not a directional call at all.

What's free, and what needs a plan?

Free forever, no account needed: five alerts a day, the complete Learn library, and both walkthrough videos.

On a plan: the full live feed as it fires, each alert's complete trade tape, OI confirmation and evidence score, all analysis pages, Telegram alerts on your phone, and access to any past session's data.

How much does it cost?

Plan	Price
Monthly	$12.99 / month
6-monthly	$11.99 / month
Yearly	$10.99 / month

Every new account starts with a 7-day free trial, and no credit card is needed to sign up.

How do I cancel?

From the account menu, in two clicks. No email to us, no retention process, no phone call. You keep access until the end of the period you've already paid for.

Where does your data come from?

Live trade and quote data from the exchange during market hours, reconciled every evening against NSE's own official bhavcopy — so closing prices and settled open interest match the exchange exactly rather than drifting from our intraday readings.

Do you show the alerts that didn't work?

Yes, and we think it's the most important thing on the site. Every session is graded at the close and published on the home page: how many flags held, and how many unwound. Anyone can show you their winners. A tool you rely on for money should show you both.

Is this investment advice?

No. DaySwingTrader provides market data and analysis only. We are not a registered investment adviser, and nothing here is a recommendation to buy or sell anything. Options trading carries a significant risk of loss, and you should never trade money you cannot afford to lose.