re: Day trading Nifty & Banknifty Futures
Hi,
Timepass or any friends,
Is the Sharekhan Trade Tiger giving Nifty Spot Chart too? What is the minimum number of trades/month to keep their account active? :lol:
Nifty Spot Chart is useful like today, when Nifty Future Premiums changes suddenly about 50 pt due to expiry. Short term charts in 1 Month Future takes time to adjust.
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Two useful Tips for day trading according to me:-
1. Just after expiry Day, when next month Nifty Future comes with more premium, Day trading using short term charts using Nifty Spot is more useful than Future Chart. Just like today.
2. For option traders, Day Trading with next month options on last day of expiry give better performance than current month options. :thumb:
Happy Trading.
Cheers.