Does anyone here look at the daily chart for day trading purposes to find the overall daily or weekly trend? How can I use the daily chart effectively for day trading? How can I use the daily chart to decide whether next day's trade has to be long or short? Is it advisable?
1.To trade Nifty Futures
2.To follow candle stick patterns on daily chart
3.Two bar reversal pattern
4.Initial capital 1 lakh
5.Maximum Risk per trade 5% and Target 200 points
6.Why 200 points
i. Each leg of nifty moves a minimum of 200 points and further it may continue in the same...