Which One Is Better Sensex Or Nifty

#1
I REQUEST SENIOR MEMBERS OF THE FORUM T KINDLY CALRIFY WHICH ONE IS BETTER FOR TECHNICAL ANALYSIS SOMETIMES THEY ARE NOT MOVING IN TANDOM WITH EACH OTHER ESPECIALLY FOR INTRADAY.
ALSO NIFTY OPENING IS ALWAYS CLOSE TO PREVIOUS CLOSE IN CASE OF SENSEXIT IS NOT SO :confused: :confused:
 

Traderji

Super Moderator
#2
chennamsetty said:
I REQUEST SENIOR MEMBERS OF THE FORUM T KINDLY CALRIFY WHICH ONE IS BETTER FOR TECHNICAL ANALYSIS SOMETIMES THEY ARE NOT MOVING IN TANDOM WITH EACH OTHER ESPECIALLY FOR INTRADAY.
ALSO NIFTY OPENING IS ALWAYS CLOSE TO PREVIOUS CLOSE IN CASE OF SENSEXIT IS NOT SO :confused: :confused:
For the study of technical analysis I would recommend you to stick to the BSE Sensex.
 

sh50

Active Member
#3
I can't help wondering. You told me Nifty for the backtesting analysis on system tester. Is this a different analysis?
 

Traderji

Super Moderator
#4
sh50 said:
I can't help wondering. You told me Nifty for the backtesting analysis on system tester. Is this a different analysis?
If you would like to study technical analysis then the Sensex is better because it shows up the gaps, etc.

If you want to backtest, the Nifty is better as it is the one you would trade in the futures market.
 

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