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2 Ways To Minimize Whipsaw Using Nifty Renko Charts

Renko Charts For Nifty

Whipsaw is a term traders are always familier with. What is whipsaw? It is a volatile situation of the market when you are trapped on the wrong front. You sold and the market moved up and you bought and the market moved down. So, worldwide traders are trying to minimize whipsaws and create a nearly fool proof system. Do you know you can minimize whipsaws in Nifty trading using Nifty Renko Charts?

Renko candles are not normal price candles. In fact in renko charts new candles are not formed with