Skip to main content

Nifty Futures Buy Sell Signals


We would like to focus on the intraday trading of nifty live charts since that is the main index on the Nse. The other stocks would be too diverse to track and also some of them will be illiquid .The stock markets move basically in the trend of the movement of the nifty index. The nifty and the bank nifty live charts are hugely traded in intraday and positional on nifty and bank nifty futures.
Most of the intraday traders keep a watch on the direction of the moves or the swing of movement using real time data connected to their intraday tradingsoftware. These also are technical analysis software or live charting software, with auto generated buy sell signals. These buy sell signals are generally scanned mechanically using the buy and sell logics like chart formations, support and resistance, swing high low, candle formations, volume and other indicators.
These need to be worked along with the other risk management tools like the risk reward ration, position sizing and trail stop loss for profit locking from time to time. The trend of the nifty and bank nifty charts is to be mainly studied over the last few days. Then the recent support and resistances worked out. In case the buy sell signals on the nifty charts are arising on such confluence zones then the trade would be highly successful.
You can see the below charts how the nifty futures buy sell signals was generated using a auto generating buy sell signals software on live charts of nifty .The trade was a winner .


Call: 9958406102

Comments

Popular posts from this blog

TRADE EXIT STARTEGY IN DAY TRADING

My Exit Beliefs In part one of this article, we considered a few questions: Should we use a tight stop loss to cut any losses quickly, or a wide stop loss to allow some room to move? How quickly should we move the stop loss to breakeven ? Should we take profits at a target, or should we let the profits run, perhaps trailing a stop behind the price? In attempting to answer these questions we looked at a number of charts, we chose entry criteria, and then looked at possible options for the exit. And this is what we discovered: Firstly, in each case, the profit or loss taken out of the trade was more a result of our chosen stop and exit method, not our entry. For the same entry, there were numerous possible exits, some profitable, some breakeven and some at a loss. And secondly, we cannot know, except with hindsight, what will be the most profitable exit strategy for that particular trade. In other words - the exit is more important than the entry. The exit has more bearing on w...

Intraday Software Using Trading Strategy For Generating Buy Sell Auto Signals

NIFTY RANGEBOUND—STOCK MARKET DIRECTIONLESS The stock market appears to halt at a tri-junction with no absolute clue about where to move.   CNX IT, however did manage to bounce back for two days but it is clearly looking like more of an bounce back when intraday indicators were slightly oversold and the index kind of manage to hold on for couple of days.   It recorded about 100 to 150 pointy kind of a bounce back.   The chart analysis indicates some crucial movement from here.   The nifty future might see a upward swing after a sharp correction.         Notwithstanding the fact, this kind of a decline was not expected.   For Infosys, 2150 is an important weekly closing pivot that could be a good target for it.   In fact, that is something which Intradaytrading software looks for making a pretty sure intraday trade in the stock.         The technical analysis of the ni...