Nifty Trend Today.
What is Nifty?
Basically, National Stock Exchange Fifty or Nifty is the market indicator of NSE.
Ideally, NIFTY is a collection of 50 stocks but presently has 51 listed in it.
Also, it is referred to as Nifty 50 and CNX Nifty by some as it is owned and managed by India Index Services and Products Ltd. (IISL). Nifty Trend Today.
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Nifty Trend Today
Here I am mentioning an important strategy that you should follow to gain maximum profit out of your investment in the market. Nifty Trend Today.
First of all, let us talk about the super trend. Best Digital Marketing Course in Indore.
What is a super trend?
Basically, the super trend is a trend following indicator, which has around 40-45% hit ratio in a five-minute time frame. Nifty Trend Today.
However, this means out of hundred trades (long + short) taken on basis of the super trend.
That is, approximately 45% will hit the target and in 55% the stop loss will be taken out.
Even with this hit ratio super trend is a clear winner because of using trend following.
Further, in the cases when target hits, the profits are big and in cases where stop loss hits, the losses are small. Nifty Trend Today.
So on an average, if we keep on capturing less number of big profits compared to more number of small losses, in the end, the overall portfolio would be in profit over a period of time.
Important points-
- Firstly, all buy signals should execute in the current month contract of nifty.
- Secondly, all sell signals should execute in next month contract of nifty.
- Further, all option selling should be in the current month only.
- Also, first trade in a single lot and master the system before scaling up.