How to trade in nifty futures intraday
Paid Rs for tips. After testingNifty was unable to cross and only came down to break again within the first 1 hour of market itself. After having everything set, what do you want. My point is - if you cant understand what moves the stock then you are way to best options trading broker uk for the Index.
And paper trading is mandatory. What is my Strategy? Karthik, I am talking about trading Nifty using technical analysis, and not fundamental analysis. Most Importantly you need some tips from somewhere. So i have subscribed and started trading.
This applies for me in any intraday trade, not only Nifty futures. Derivative trading of indices - especially nifty or banknifty is the safest bet when compared to stocks and to reach there, in my opinion is just learn the basics of charting and eyeballing the charts everyday for atleast 6 months. So I have Immediately shifted to zerodha. The how to trade in nifty futures intraday charts are slightly more well behaved and less volatile compared to the future charts. System trades only in nifty futures.
Good Android smart phone with 3G Internet and required App's. Basic Understanding of Index options, Call Put etc. Immediate Nifty testing levels: After that I have changed my plan stopped trading for a month and checked what went wrong with me? Many thanks to Madan for his advice and suggestions.
Read more about this Intraday trading strategy and it's backtest report with AFL code in the below link: Basic Understanding of How to trade in nifty futures intraday options, Call Put etc. Pick the closest 2 closing price levels above previous close and the closest 2 closing price levels below. Now my life has changed, I have made Rs Profit after paying brokerages of Rs only and Rs for Automatic buy sell signal. After having everything set, what do you want.
I agree with all the single stock complexities you have mentioned. So i have subscribed and started trading. I want to trade only in nifty intraday.
But from a technical point of view I feel its always easier to monitor one stock than monitoring multiple stocks. If you are trading 4 lots of Nifty Fut qtythen you cannot lose more than a 30 point movement on the opposite side of your trade. I got this