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NIFTY PERFORMANCE OF INTRADAY BUY SELL TRADING SYSTEM 17 AUGUST

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The Sensex and the rupee are at critical breakdown levels after the stock market fell on Friday and the rupee was retesting its previous lows against the US dollar. The drop in the US equity markets on Friday might provide another downward nudge to Indian equities and the dollar rally could push the rupee lower on Monday. Readers of this column should not be surprised by the moves in the equity market and the rupee. We had mentioned that the Sensex was in a downtrend and was supported by the gap. The same is true of the Nifty.  (Click  here  for charts of Nifty and  here  for Sensex)  In last week’s article  we mentioned that price gaps are demand areas and happen when the opening price of a day is higher or lower than the closing price of the previous day. Reuters When there is extreme demand prices open much higher than they closed the previous day. That’s what happened to the Sensex on 31 January when it opened at 16,965 after closing at ...
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BUY SELL INTRADAY TRADING SOFTWARE : There are many indicators which traders are using for generating their Buy sell signals, or rather to make entry and exit into the markets. These are normally having a big element of human intervention since there is a lot of understanding to judge when an indicator is giving a confirmed signal for buy and sell. If the trader takes an entry also then again there is need to make a clear judgement of the exit or stop loss prices. These again will need to be seen on the technical charts and time consuming. In order to avoid such complex process, the need for the buy sell signal generating mechanical software for intraday trading is required. Since the software works mechanically, so all the levels will be calculated in an instant and mentioned on the charts. These will be the buy sell levels exit , stop loss and trail stop loss levels. This makes  Intraday trading much more systematic and simple and less stressful. Take a look on the ...
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