What is the way to get 15 points in nifty fut daily

Check out "Going with 60min flow..." thread.. It discusses the a very nice and simple approach which consistently works in most of the market (not just nifty).
People do make money by trading bounce but it is difficult, needs strick discpline to place stoploss and target order, one got to be much fast in booking profit from the bounce.
Not suggested for beginner as win% is low for such strategy.
Trend following strategy is lot easy to start with but tests the patience. You got to wait to see the presence of trend and then just enjoy the ride. Has much better win% rate.

Do backtest your strategy first otherwise, broker will always get is 5 points irrespective of you get your 10 points or not.

Happy trading.

There must be a way to get 15 points in the nifty futures daily.......

say 10 point for me and 5 points for brokerage .....

I bring this topic because ........ when ever nifty comes to support or resistance level........ in general or for the intraday support or resistance level nifty neglects to move futher for few minutes...... nifty bounces between the the recent support and resistance..... there must be a best strategy there to get 15 points daily......

if it is done twice...... then the problem for the day is over..... we shall look for a better chance to go...........

Experts please post your views......... is it right to trade in this bearish trend.... bear market..... or would it work out in the bull market ????

With regards,
Ganesh

Hope you need to visit out great Saint's thread.
http://www.traderji.com/equities/21903-going-60min-flow.html

Haribird.

Saints MiniFlow
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow.html

Saints 60 Minute Flow
http://www.traderji.com/equities/21903-going-60min-flow-746.html

Like musicjunkie said I too got chance to witness such higher points many times. Just go through the forum learn the rules, Paper trade to understand and capitalise well in consideration with money management and trade. The benefit of these flow methods are tension free trading... No need of multiple monitors, Quick actions, etc like such higher setups are not really needed for this.

Simple but efficient.

Rules in the first pages have changed a lot so so read latest rules in the Oct/Nov pages. You may also get compiled version from members there including me upon request.

Haribird.

most psychological levels give you that 15-30 points. say nifty breaks 4000 level, it will go down to 3980 (as stops are triggered) and quickly nifty rebounds to 4010 level.

most levels, ending with "00" are taken out then you'll have such 10-20 points quick moves, but you've got to be very active or put the orders in advance.

say nifty is falling down to 2800, you should put 2799 as stop sell order and put a buy order at 2785.

in other charting way, when a big candle is made (say price falls or rises 50 to 100 points non stop for 5 min) the prices will retrace to 10-30%, because of profit-taking or short-covering. we can use this to gain 15-30 points here also. one should observe, whether the prices are holding or not, then only should take the trade.