What is Nifty Future and How to trade it with Trend tool
Beginners who see markets on TV often ask me what is nifty future and how it is traded, what are the benefits of it, how to find out the trend. Here are the answers to some of your queries.
What is Nifty future?
Before I focus on Nifty future what actually the Nifty index is, So Nifty index is a container of 50 chosen stock (based on NSE’s criteria). In other words, 50 large cap stocks makes Nifty index, each of these stocks has different weight based on its free float market capitalization. So some stocks impact nifty more than other. Now, Nifty future is index that is actually traded (Bought or Sold) based on the prices of Nifty spot. Daily volume of nifty future is much higher than any thing that is traded in NSE (National stock exchange).
How to find Trend in Nifty future?
Finding out trend on Nifty future is very easy task than it actually seem, all you need to do is, look into the daily or weekly chart and watch the series of price action. If price is continuously making higher tops and higher bottoms then we say its an up trend, if price action is making series of lower tops and lower bottoms then its case of downtrend.
If you find this difficult then I have created a special tool for finding out tend in nifty future, all you need to do is fill the few details and you will come to know the trend. Here is that Nifty Trend Finder tool.
You Should Read This:
- Trend line A perfect analysis tool: Drawing Trendline Correctly Trend lines are most frequently used tool in technical analysis, they can be used to get entry at the bottom/top of pullback. Its great to observe how price action finds support at the testing of…
- Nifty Options Trade Setup for Guaranteed Return in Trending Market When nifty future is showing strong trends, then you can make more money with guaranteed trade strategy. For using this strategy you must have charting software which can show you historical data on daily charts….
- Trade Nifty Future Using Fibonacci Support Resistance Levels with High Accuracy Fibonacci retracement levels are highly used by professional traders, as these levels acts as support resistance. This tool just needs recent high (Swing High) and recent low (Swing Low) to plot retracement levels over the…
- List of 50 Stocks in NSE Nifty Index, Along with Their Short Term Trend Here I am sharing you top fifty stocks that forms NSE’s Nifty index along with their short term trend. Now in this case short term trend is on weekly chart: ACC – This cement stock…
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).