Simple rule for Nifty trading, go long when Stochastics crosses from below and confirm that you get a white candle fully above the red line of 13 EMA not touching it. Exit maximum when u see RSI becoming overbought and hold a small portion for any further gain. Go short when Stochastics crosses from above and confirm that you get a blue candle fully below the red line of 13 EMA not touching it. Exit maximum when u see RSI becoming oversold and hold a small portion for any further gain.
Now lets see how have I earned 40+ points in trading Nifty future today. A picture is worth a 1000 words, so I am attaching a picture of the Nifty Trading System with full analysis. Your comments are welcome in this regard.





1 Comments:
stoch seems to be more sensitive to price changes than rsi.but these oscillators puzzle when rise is linear with up slope beyond 30 degree.for up momentum macd is useful.kindly advise tips on how to catch momentum market at initial stage and avoidance of late entry.
Post a Comment