Cnx nifty

Dear All

I am sure there will be lot of strategies and discussions over NIFTY here , Can anybody guide me on my following objective

I want to trade only in NIFTY preferably I want to trade EVERY TRADING DAY and I want to earn net net profit of 100 points every month

It is not possible for me to spend 9 :00 a.m. to 3:30 p.m. infront of the screen So I need a strategy which helps me in deriving Buy Price , Sell Price & Stop Loss Price at the end of every day for the next day
Can anybody guide me and direct me to any useful threads of any Gurus Here

Cheers !
:clap:

I wanted to know If any method available with somebody based on technical analysis to derive Buy Price , Sell Price , Stop Loss Trigger Price & Target Price

Thanks

How much efforts are you willing to "invest" in learning various methods of analysis?

Hi Bunny

Good Question !!

Well I cant spend time in front of screen for trading , But For learning such an intresting subject I can spend minimum 3 - 4 hrs per day or more as required Since I have intrest in this subject.

I assume you are a first-time trader.

To start with, you shouldn't be trading every day, and you shouldn't be trading in derivatives at all. When calculated on paper, derivatives can make you instantly richer. In practice, derivatives can make you poor instantly.

Profits are the end-result of all your study. Our objective in trading is not to do "some buying selling" but to make profit, and no matter how small or prolonged it is, it should be respected. If your process is wrong, your end-result will obviously be disappointing.

If you want to learn technical analysis, download and learn from this PDF file.

Hi Bunny

I am not a first time trader , and I have not made Great Money in Stock Market and have not lost it too either , I have been trading in NSE and now i have started trading in F & O specially in CNX NIFTY , for your info , I have been trading always with 20 points SLTP and have not lost millions here too

thanks for your file , but i was expecting a practical tip/stretagy rather than a PDF to read

Anyways thanks for your reply !

You should have indicated your experience.