Nifty Futures Technical Trading System

By | December 8, 2012

Nifty Range technical trading system or Time Trade System  helps a trader to trade nifty profitably. The core concept of trading system lies in the fact that

  • Nifty remains in a range of  60 points for at least 10-13 trading session in an particular month expiry.
  • We have at most 5 trading days when Nifty futures has trading range more than 80 points.

Keeping the above points  into consideration we have developed  Time Trade System  Intraday technical trading system.

Before we start discussing about the rules of system lets first understand why trade in Nifty Futures.

Why Trade NSE Nifty 50  Index Futures?

  • Nifty is bunch of 50 stocks for diversified sectors like Financials, Pharma Oil and Gas etc. so Nifty provided whole market or sector.
  • Nifty futures give good leverage and have very good liquidity.
  • Trading in Nifty Futures be used with a variety of trading strategies,technical trading systems and different financial objectives.
  • Trader who prefer high volume trading in stock market Nifty futures is the best derivative instrument available as slippage are very less. If you take 50 lots of Nifty future you can maximum slippage of 5 points.
  • I conduct training classes and many clients have confessed to make very good money which trading Nifty futures but lost all the fortune when they started trading stocks. Readers are invited to share there part of experience on this.

 

 

 

How the System Works

Every morning at 9:30 in our Facebook page http://www.facebook.com/pages/Brameshs-Tech/140117182685863 I update an Initial Range for NF for the day For eg. Yesterday at 9:30 I have updated this following:

Gm All !! Initial Range for NF 5986-5930.

To get such message http://www.facebook.com/pages/Brameshs-Tech/140117182685863 Click the URL and Click on LIKE Button.

Once you get this level now you need to wait patiently for Nifty Futures to come to any of this levels ie. Upper end 5986 or Lower end 5930. Patience and Discipline is the Key for trading.

 

 

Scenario 1

If Nifty comes to Upper end of Range ie.5986 or 2-3 points near it Take Shorts in Nifty future with Stop loss of 20 points and target of 20-25 points. So we will have Risk to Reward Ratio of 1:1.

Profit Booking Strategy: Always enter trade with 2 lots or multiple of 2 lots: Book 1 lot at 20 points and 2 lot use Trailing Stop loss  at cost price and exit in another 20 points if and when it comes.

 

 

Scenario 2

If Nifty comes to Lower end of Range ie.5930 or 2-3 points near it Take Longs in Nifty future with Stop loss of 20 points and target of 20-25 points. So we will have Risk to Reward Ratio of 1:1.

Profit Booking Strategy: Always enter trade with 2 lots or multiple of 2 lots: Book 1 lot at 20 points and 2 lot use Trailing Stop loss  at cost price and exit in another 20 points if and when it comes.

 

 

Scenario 3

If Nifty Futures hits Stop Loss and goes in trending phase than we will not get any opportunity for further trades and no further trades will be taken.For Intraday trading we also use quadrant system which is covered as part of trading course we conduct on weekend

 

6 thoughts on “Nifty Futures Technical Trading System

  1. Bramesh Post author

    Dear Jeevan,

    Please do not confuse NF levels with NS levels. As Clearly mentioned we will give the range in Facebook page morning 9:30, and you need to work on them as discussed above. NS levels are given as many traders trade on NS. Hope it clarifies.

    Rgds,
    Bramesh

  2. jeevan

    You gave intital Range for NF 5735-5685. Also gave sell Call NF below 5700 for the target of 5685, 5670 and 5654.I am confused here is that Should i short immediately if it goes below 5700. What should i do if NF bounce back. Second doubt is should i book profit at 5685 after my short.Then should i go long at 5685 or take short again at 5680-5685 level for the target of 5670/5654.thanks very much for ur time and consideration

  3. Bramesh Post author

    to Ravi
    Dear Sir,

    I am doing my weekend course and very much busy with it. So will not be able to devote time to write a news letter.

    You can join weekend course and learn to trade independently without depending on any newsletter.

    Rgds,
    Bramesh

  4. RAVINDRAN

    SIR
    Thank You.
    You make it look very simple.
    Why not start a paid newsletter servise for NF and Select Stock Futures alone
    I am in need of one from someone trust worthy and cost effective.
    Regards.
    Ravi

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