When nifty future is showing strong trends, then you can make more money with guaranteed trade strategy. For using this strategy you must have charting software which can show you historical data on daily charts. Then you will apply slow stochastic indicator over the chart and now your settings on charts is done. Now just check the trend on daily chart, if nifty future is making higher tops and higher bottoms then trend is clearly up, while if there is formation of lower tops and lower bottoms it is downtrend. Once you are clear with the trend you have to wait for crossovers in slow stochastic indicator, once the crossover is spotted in right direction, we will take trade on nifty options i.e. place our buy orders for nifty options. If it was uptrend we would have bought nifty call options and if there was downtrend nifty put options would be chosen.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
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[…] s: Euro is supported by a trend-line on the daily chart. Also the series of higher tops – higher bottoms narrates us the uptrend […]
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