Skip to main content

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 nifty states that it might actually be slightly more sideways between the range of about 5600-5640 on upside and to about 5500 on the downside until something out of blue falls.
        The bank nifty after a good correction seems to the pretty well adjusted and buying are also seen happening in the high beta stocks like reliance capital, reliance infra and that too in the last hour of the intraday trading session which show that market though in range bound but will try to break out before expiry.
        The CNX IT right now exactly is at its 200 day average so may be Infosys will fall more but you might see some kind of stabilization coming in from the other component of the CNX IT.  Therefore,  nifty has good reason to maintain the range to be as broad as about 5500 to 5490 in the downside and about 5600 on the upside before eventually heading towards 5420 that is kind of trading strategy one should have in nifty future and nifty options.
Visit Us : www.technotrades.biz 
Contact Us : +91-9958406102

Comments

Popular posts from this blog

Accurate Tips, Rules and Techniques For Intraday Trading

Accurate Tips, Rules and Techniques For Intraday Trading We all go into the stock market to make profits and most traders go into day trading to make a substantial amount of profit daily without any long term commitments. However to make a worthwhile profit and maintain a certain standard in day trading you need to follow certain rules and techniques to maintain your profit level or even surpass it. So what are those tips, rules and techniques you need to become a successful day or intra day trader? 1) Don't trade the first 15 minutes the market opens: it's best to wait for these first few minutes and observe the market and spot potential rewarding opportunities. The first few minutes of the action are often panic trades or market orders placed the night before. It is advised even by professionals in the business to avoid this time period while also looking at the order of business for the day. 2) Newbies should avoid using margin: Margin is you borrowing mone...

FII AND DII ACTIVITY

Your guide to Foreign Fund Flows! Catch the latest FII trends and track their investments in India.    Daily FII Activity   DATE PURCHASES (Rs m) SALES (Rs m) NET INV (Rs m) Thu, 11 Jul 2,510 3,823 (1,313) Fri, 12 Jul 28,872 79,976 (51,104) Mon, 15 Jul 19,057 20,827 (1,770) Tue, 16 Jul 25,095 28,192 (3,097) Thu, 18 Jul 32,041 33,177 (1,136) Total 107,575 165,995 (58,420)    Weekly FII Activity   DATE NET INV (Rs m) Mon, 23 Sep (981) Tue, 24 Sep (176) Wed, 25 Sep (379) Thu, 26 Sep 24 Fri, 27 Sep 12,671 Total 11,159 Volatility persists! While the Indian stockmarkets were not generous to investors (declined week-on-week), the rain gods gave a handful to Mumbai and as usual, the city choked during the last week! This did have an impact on the daily volumes traded, which was low in the first three days, only to gain momentum in the later half. Despite a weak start, there was selective buying interest in some sectors. But senti...

FOREX TRADING MT4 INDICATORS CAN BE FUN FOR ANYONE

The Facts About Forex Mt4 Indicators Revealed Scalping has come to be one of one of the most prominent forex strategies. The idea behind scalping is to open and close trading settings quickly, making a little profit at the same time. By "swiftly" we suggest a duration of time that is generally numerous minutes in duration, in some cases even a number of secs; by "a tiny revenue", a profit of 1-5 pips. Examine This Report about Forex Exit Indicators Mt4 Since scalping traders do not maintain employment opportunities for long, they are not as exposed to market volatility or swings as various other forex investors. Our forex scalpers are based upon an one-of-a-kind trading technique. Our foreign exchange scalpers were forward-tested in genuine or demo accounts. Our major foreign exchange scalpers come furnished with a GMT auto-determination component, which permits these scalpers to be made use of by any broker without further adjustments/modif...