One can use the Nifty Automated Future day trading or positional trades like ours which generates the Live Buy/Sell Signals Nifty provided one has an attribute to undertake the trading as per following guidelines.
- Some of the trading systems suggest that one has to take the position (either Buy or Sell) only after completion of 21 minute chart candle. This can be a good strategy to follow as it gives an indication of the firmness in the trend.
- One should trade with at least one lot in Nifty or Mini Nifty.
- Follow the stop loss as suggested by system in totality.
- One will be able to trade with a free mind with a mechanical system or automated Nifty software provided one takes Nifty LOT Position with 50% cash in margin in the trading account.
- One has to also make sure that one follows the Nifty Spot Price entry level & stop loss in nifty future intraday trading as this gives an exact trend analysis of what is happening on the national and global front.