A real life Analysis and Guide on NIFTY trading.

Dear Friends,

I have been reading views on Nifty on this Website for quite a long time now.

Over the long term it is the macro environment of the economy and corporate
numbers that drive up or down the markets. Nifty, after rallying over 850 points
, from a low of 3795 to a high of to a 4658 is now retracing. If Nifty level of
4285 is held, then we can expect a move back to 4700 and may be higher also.

I feel if someone is medium to long term investor one should buy any fall for next
3 - 6 months as I feel after 3 months people on street will end up saying wish we
could bought around 4250 levels. I feel do not go on Nifty levels on daily basis.,
rather build good portfolio. Support and Resistance are all man created levels so
my advise is to buy Stocks & do not see Nifty on daily basis as most of bad news
is built in the markets.

Regds,
Vipin

Dear members,

I used to trade Nifty Futures intraday only.
I set a stoploss of 15 and targets at +20/+10/+10
Today I did as follows:
---------------------
Brought 4 Lots Nifty @4285, stoploss @ 4270.
At 20 point rise (4305): Booked profit in 2 lots.
Then keep stoploss as Buy price + brokerage for remaining 2 lots(around 4295).
After the price rise atleast 15 points away from my new stoploss then, updates the stoploss by keeping it always 15points below from each highs made by Nifty.

I know there are many problems in this strategy.
Could you please comment, correct and improve?
Also please comment about the stoploss for entry in intraday nifty, is 15 ok?

Thank you for all viewers.
Hari.

Good. But for entering NIFTY Fut what is u r strategy? I use very old & simple one. I use 5\10 MA Crossover to enter trades. Timming will also take key role.
Use this strategy after 12 pm.

What are the indicators u r using friend? Also please tell me at what period chart you look for. Hope you will explain your strategy in detail.

What are the indicators u r using friend? Also please tell me at what period chart you look for. Hope you will explain your strategy in detail.

Dear Hari

Can you share please which indicators you are using for Intraday nifty trading, most of people use some DMA / EMA cross and MACD , are u too using these , if yes then which moving average crossover

Regards

Devan

I just uses the classic, Tripple moving average crossover in 5 min,3min,1min according to the time of day. Also using MACD, RSI, Stockhastics.

Thanks Hari , I am also using Tripple moving average crossover but not getting much out of it , since many times it gives Fake signals , can you share me , if not here then on my mail id which MA you are using . my mail y a h o o mail ID is devangan123 at the rate ya h o o dot com


Thanks in Advance
Devan