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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 .


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