Hello people,
Im new to trading.I have a few queries regarding Mini Nifty futures.
Is it possible to swing trade the nifty on consistent basis?
1.Sharekhan says the stop loss is valid only for a day. So if the market gaps open below/above the SL what happens to the position?
2. What is the realistic SL level required to hold position for 2-5 days given that the SL is not valid at the open?( My capital allows for a maximum SL of Rs 2000/- only ie 100 points)
3. Which is the right volume to be considered? Number of shares traded or the turnover in Rs?
These may be very elementary queries but kindly guide me for the same..
Im new to trading.I have a few queries regarding Mini Nifty futures.
Is it possible to swing trade the nifty on consistent basis?
1.Sharekhan says the stop loss is valid only for a day. So if the market gaps open below/above the SL what happens to the position?
2. What is the realistic SL level required to hold position for 2-5 days given that the SL is not valid at the open?( My capital allows for a maximum SL of Rs 2000/- only ie 100 points)
3. Which is the right volume to be considered? Number of shares traded or the turnover in Rs?
These may be very elementary queries but kindly guide me for the same..
