Skip to main content

Trading Strategy

By

The nifty live charts or any intraday software can tell us about the direction of the nifty. The best trend finding strategy can be by checking the direction of any particular moving average, or by drawing a diagonal trend line. The other way is to see if it is making rising Low and Highs or falling.

These are little complex to note during live intraday markets. So the better solution is to make your trading strategy more mechanical so that, the buysell signals are generated on the live nifty charts using the real time data. These are based on some sound formulae and some arithmetic calculations. So when the intraday software finds that a particular stock meets those parameters, then it picked on the momentumstock tips scanner. These can then be quickly traded with the other risk management principles in place like booking target levels, stop loss and so on. This way the trader is greatly assisted in making his decisions.

Below you will find a image of the charts and the momentum scanner which generated such results.



MOMENTUM STOCK TIPS SCANNER:
The above output is generated to show all the latest high momentum stock picks which are coming in BUY or SELL modes. The ENTRY-TARGETS-STOP LOSS- TRAIL STOP LOSS is all generated on the report. The scripts which are in momentum are picked on the scanner for quick view of the stocks coming up for BUY and SELL. The trader there by does not waste time in checking the charts and can quickly catch the trade’s entry. The TIPPROVIDERS can also use this tool for their trade picks. The scanner also highlights in yellow colour all those scripts which are with very high momentum, thus the main trades can be taken on these selective picks.
Visit Us : www.technotrades.biz
Contact Us : +91-9958406102

Comments

Post a Comment

Popular posts from this blog

TRADE EXIT STARTEGY IN DAY TRADING

By
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...
Post a Comment
Read more

Software for Trading for Mechanical Buy Sell Signals

By
FII OUTLOOKFOR THE STOCK MARKET Foreign Institutional Investor (FII) seems to be lighting their weight in the stock market consistently despite the govt. going for every resort left to bring back the economy on track.   So far FIIs have sold shares of about 600 crore in the April, 2013 itself. Whereas February and March witnessed accumulation of 21000 and 11000 crore respectively, April appear to offer a cold shoulder so far as FII’s investment in concerned.   The intraday traders are getting jittery after the premium in nifty futures reduced marginally, coupled with heavy selling in the last sessions of stock market . This all indicate that even the FIIs especially Exchange Traded Fund flows are now at risk of being pulled out given continued political uncertainty and worries about early elections.   The BSE and nifty fell below their 200 dma which acted as crucial support and many times market showed a sharp bounce back from this level.   The online tr...
Post a Comment
Read more
By
v   COMPLETE PROFFESSIONAL TRADING SYSTEMS FOR ALL MARKETS v   HIGH PROBABILITY TRADES TRADING SYSTEMS v   MAXIMUM GAINS  ACHIEVED FROM TRADES v   COMPLETE TECHNICALS COVERED v   COMPLETE WITH RISK MANAGEMENT   SYSTEMS v   EASY AND SIMPLE TO USE AND ADAPT
Post a Comment
Read more