Is nifty 50 good for intraday?

On a 5 Mins chart using 55 and 21 bars simple moving average cross over system is a very profitable nifty trading system for intraday trading. Huge profits can be made provided the trader has the discipline to take all trades which the system generates.

Which index is best for intraday?

Best Intraday Indicators

• Moving Averages. Moving averages is a frequently used intraday trading indicators.
• Bollinger Bands. Bollinger bands indicate the volatility in the market.
• Relative Strength Index (RSI) Relative Strength Index (RSI) is a momentum indicator.
• Commodity Channel Index.
• Stochastic Oscillator.

What is the best strategy for intraday trading?

Buy Trade Success Intraday Strategies When the day first candle (DFC) gives closing above the high, a trader should punch the buy trade. The trader should focus on the close & close above High. The trader can get closing on any no of candle i.e 3, 4 or 5 candles.

What is the best strategy to trade in NIFTY Index?

Now, to trade in Nifty Index the best strategy I have that works for me is trading with support Resistance. In stock market technical analysis, support and resistance is a concept that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels.

Is it possible to place a limit order in NIFTY?

Yes, Once you get an alert, you can place a limit order with a 10-20 points buffer. If the price is above 20 points just keep a limit order. 95\% time price reverses and your order will execute. Is there real-time support available for this bank nifty future intraday strategy?

How to trade Nifty 1st 5 minute candles?

Target at 3:15 pm or when price close below 20 MA in a 5-minute time frame. Nifty 1st 5-minute candle should bearish. Find the stocks which are at a 1-2 \% gap up opening from the previous day close. If the stock 1st 5-minute candle is bearish the go for a short trade.