Skip to main content

Intraday Software Using Trading Strategy For Generating Buy Sell Auto Signals

By



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

Post a Comment

Popular posts from this blog

By
Post a Comment
Read more

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets.

By
You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets. This is the primary lesson that you will learn in you trading career. Initially when a intraday trader enters the markets he is bombarded with so many emotional turbulence. Some times he will struggle for the best intraday trading software . Other times he will struggle to take all the trades. Some times he will start doing positional trading since he feels all the big moves are in positional trades. sometimes he will totally avoid the positional trades and do intraday. sometimes he will do only intraday thinking that he needs to sleep peacefully and not get affected by news. In intraday sometimes he will do on medium time frame where he will be hit with big stops and sometimes will do scalping so that that loses are small but then he realizes that the gains are not big enough.This struggle forms major emotional character of any starting intraday trader. Once you get into that mindset that what are you...
Post a Comment
Read more

Intraday Software | Nifty Intraday Software | Nifty Intraday Tips

By
The business of day trading is extremely risky. You either gain or lose thousands of dollars within a matter minutes. That's why it is very important that you invest in a powerful day trading software. Day trading software will give you the platform you need to do instant market research and make fast trades that can make you a nice profit. As I am sure you know, there are many day trading softwares on the market. Some are good and some are well, not so good. Below you will find the top 6 things you should look for when researching a day trading software. Remember that day trading in and of itself is very complex. Therefore the software that you will be using will be complex as well. Just make sure it is the software that works best for you. 1 - Training If you are new to day trading, it is important that use a software that offers some sort of training. The more the merrier. Look for a software that offers forums and blogs that you can access on a regular basis. 2 - Charting Tool...
Post a Comment
Read more