Nifty Futures Intraday Trading System

By | January 18, 2014

Nifty Futures Intraday Trading 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  70-90 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 120 points.

Keeping the above points  into consideration we have developed  Intraday Range trading system for Nifty Futures

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. I generally avoid giving range when i foresee market might go in trending phase. For Intraday trading we also use quadrant system which is covered as part of trading course we conduct on weekend.

 

2 thoughts on “Nifty Futures Intraday Trading System

  1. Minoo Daruwala

    Would be interested.in doing your wekend quadrant course.Kindly send

    me the details.

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