Intraday Trading Methods for NIFTY

INTRADAY TRADING METHOD -01 Intraday trading is a big challenge for all stock market, commodity and Forex traders. If you are already doing this intraday trade you will accept this point. How to trade intraday trade with more profitable way. If you are an regular follower of this blog you can find my more article related to intraday trade techniques. Today I am going to give one more simple intraday trading method in this article.

This intraday chart picture shows crystal clear how to trade this intraday trading method with the help of 34ema indicator technical tool. See once you applied this 34 EMA indicator in your intraday chart you can start to analyze the market in a easy way. In the intraday chart, market breaks this 34ema indicator with negative close, then market start to go in downward direction so go for sell with the stop loss of 20 points. Same way if market break the 34ema indicator in upward direction with positive close then go for buy with same 20 point stoploss. This intraday method will work for 15min and 30min chart for nifty futures. Profit taking is an big target in intraday trading so if you feel the profit is good enough in your monitor close as soon as, if you have an multiple lots close the lots in different profit range. Intraday trading method with the help of Stochastic oscillator, it is designed to oscillate between 0 and 100 range in the bottom of the price chart. Low levels mark oversold markets, and high levels mark overbought markets. Overbought means too high as per our picture it is above 80, then it is ready to turn down. Oversold means too low below 20, and ready to turn up.

INTRADAY TRADING METHOD -02 This stochastic method is positive divergence or negative divergence technique. Let us see the negative divergence first , A negative divergence is when the stock price break the old high-01 to new high-02, but the Stochastic indicator makes only a slight high and does not break the old high. In this market condition you need to go for short that means sell nifty future, and keep the target for stochastic 20 line area, use stop loss at 25 to 35 point of nifty future.

You can do the trade in the opposite side direction with help of positive divergence technique, how to do a positive divergence? If the stock price drops to a new low, but the Stochastic indicator makes only a slight low and does not break the old low. In this market condition we can go for buy with target of stochastic 80 line and with the stoploss of 20 to 30 point of nifty future. Keep in mind never buy nifty when the stochastic is high also don't sell nifty when stochastic trend in low. For new traders initially this type of trading method can confuse for a time , once you start to apply in the demo trade you can get more idea how to apply this stochastic method in live trade. Above picture is an example for stochastic oscillator indicator Negative divergence technique .

INTRADAY TRADING METHOD -03 Trading with confidence is the one of the big strength to trade when you are doing with real money, normally traders who trade demo trading they use to take big profit , but if they come to trade in real money they loss all , this because of losing confident while doing real time. This is one more simple trading method for any time frame whether you are an day trader, swing trader or long term trader, you can use this method by adding simple two horizontal line in between the high and low price of the chart. Let us watch the chart that I attached in this post I draw a two horizontal line one for high level and the other for low level. Normally this high level will be your last resistance point and the low line should be support line. Buy the stock, forex or commodity price when ever if the resistance break above use a stop loss as your support line. Sell same way when the support line breaks sell and use stop loss as resistance line.

For target use you money management system if you use 50 point as a stop loss then your profit point should be 150 to 200 point.

INTRADAY TRADING METHOD -04 EMA trading technique for Nifty day trade Today I am going to give a simple and profitable trading technique. This trading technique is called EMA; you all know EMA is nothing but exponential moving average, how this has been calculated. EMA (current) = ((Price (current) – EMA (prev)) x Multiplier) + EMA (prev) Ok let us keep the formal as a formal come to practical , above nifty live chart shows 13,21,34 and 102 EMA for the day trade, if you are a day trader then my recommendation is 34 EMA is the best signal for Nifty intra day trade. Let see the nifty live chart 34 EMA line, once the candle close below the 34 EMA line place a sell order (the candle should be Black that means close price should be lower than open price). See the nifty chart once the price comes below the candle, market come to new low prices. This is the entry method for this trading technique; if you are trading on multi lots you can close the lots on different price with the profit of 10 to 15 points. This is very simple and profitable Nifty trading technique. As per my experience you can solidly get 1 to 2 trades on intraday basics. If you made a loss on two trade on a same day live it don’t go for the next, protect your capital for the next day trade, this should be your main motto of your trading plane. See you happy trade.