This topic will be on Nifty future trading. In this article, we will show how to earn a handsome return from trading Nifty. Remember intraday trading with the same setup is not possible every day. The setup shown in this post works very well on trend days.
Prerequisites of Nifty Future Trading
Here, come to the practical part of the content. To some people, the question seems so unrealistic but I can show you how easily you can make it possible. You only need basic knowledge regarding some of the technical indicators like the SuperTrend, candlestick charts, and MACD.
Those who are avoiding future trading for insufficient capital can easily afford the Zerodha platform as their margin facility is available. In equity & Index futures, MIS margin: 45% & 35%.
How to Make Profits by Trading the Nifty Future
Now, let’s have a look at the following charts and some of the easy steps by which even newbies can easily earn a minimum of this much amount within a few minutes. Here, I’ve done my analysis with Zerodha (India’s one of the top technical analysis platforms).
Set up the Long-Term Chart
Set up 30 min chart of nifty future with 14 periods and 1.5 multipliers Supertrend. The section I’ve highlighted is a bullish candle from where the buy signal was generated. Besides identifying the super trend buying signal, make sure the MACD is also in a positive direction. Then, you need to take entry at that buying candle. Suppose we enter at the closing price of the candle 11,752.
Set up the Short-Term Chart
Now, open another chart with 5 min and set 10 periods and 3 multiplier Supertrend. Watch the signal until it appears red. See the chart below, the entire market hours are on the buying signal. So, here you can book your profit at the end of the trading hour. Suppose, here you can exit at the last candle of the day (3.15 pm), the closing price 11852. So, there you can exit or close your order.
The Profit Potential
Now, see how much profit you can make from it. (Exit at 11852- Entry at 11752) = 100 points.
So, the calculation is quite clear here, as the Nifty Future lot is 75. The total profit will be (100 x 75) = Rs.7500.
Within a few trading hours, you can make, RS. 7500 from your home only. Now, tell me, who doesn’t want it to make such a huge profit within a day just by clicking buttons from a mobile or laptop?
Why We Have Chosen Different SuperTrend Parameters?
Yes, you can work on both the 5 min and 30 min charts with 14 periods and 1.5 multipliers. In that case, the profit will be limited. In the chart below, the highlighted candle is the 1st candle of the selling signal. You need to exit at that point 11773. So, here, the profit will be (11773-11751) = 22 Total profit (75 x 22) = 1650. You can earn this much amount within an hour or so.
Conclusion:
So, now you can understand that earning money from the share market is not so tough. You need to follow 2 steps only to get a huge profit from the market. Next, we will come up with other content which will guide you to make easy money from equity and commodity also.
Hi Indrajit,
Since last two days i am using OHLC strategy with small quantities and it works perfect in the morning sharp @9.30.
Please guide me when the next I can use it during the market time.
Just now i have watched your strategy on Nifty (Supertrend & Macd) i want to use it for the next few days. Is there any precaution to take? Please guide me.
Thanks,
truly
Nilesh Asher
If OHLC strategy working in the morning then use it in the morning only. Don’t overtrade.