IIP stand for industrial production data, if it is higher as compared to previous then we can conclude that industries are growing, showing growth; however if IIP data comes out to be negative then there was contraction in the production. This IIP is very important measure of economy’s growth; it is watched by the professional across country. Now let us learn how to trade this IIP data release ... [Continue Reading]
Trading Nifty Futures in Different Types of Market Conditions
Trading in market can be very simple and easy when you know the direction of market. Any markets can be classified into three types: 1. Bull Market 2. Bear Market 3. Ranging Market Now I will teach you different strategies to trade in these types of market scenario, lets start with bull market strategy, in the case of bull market (higher top and higher bottom) traders should be looking for only ... [Continue Reading]
Things to check when trading NSE Nifty Future contract
Here is my list to check before open / entering into the trade on nifty future contract, if trader follows this list believe me there is lot you can improve on you trading side. Here it is: 1. Check the medium term trend on weekly charts. 2. Find the trading opportunity in the direction of medium term trend. 3. Watch for global markets like DAX, Dow Jones and Shanghai Composite. 4. Have a look at ... [Continue Reading]
How traders across India make living from trading Nifty future contract
Nifty future is most popular futures contract traded on NSE (National stock exchange), traders usually make 25 points in intraday trade (day trading). So a intraday nifty future trader can make about Rs.20,000 per month, here is how. Let us assume that a trader make 25 points in intraday trading, suppose he trades 8 sessions only out of 22 trading session in a month. In intraday trading you also ... [Continue Reading]