Tips and tricks

Where can I find bank nifty trend?

Where can I find bank nifty trend?

Using Simple Moving Average as Nifty Trend Finder The simplest way to identify the direction of Nifty is to use a simple moving average. We provide an end of day chart below. On the chart, there is a red line, which is 5-day simple moving average. If the close of Nifty is above the 5-day SMA the short term trend is UP.

Is positional trading taxable in India?

Intraday trading income from equity trades is treated as speculative business income and is considered business income rather than capital gains. The business income from a speculative business is added to your overall income and taxed as per your tax slab rate.

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Which indicator is best for bank nifty?

We list down some of the best indicators for bank nifty intraday trading that will surely amplify your profits.

  • Bollinger Bands.
  • Relative Strength Index.
  • Moving Average Convergence Divergence (MACD)
  • Advance Decline Line.
  • Moving Averages.
  • Average Directional Index.
  • Supertrend.
  • Stochastic Oscillator.

How can I learn nifty chart?

How to read stock market charts patterns

  1. Identify the chart: Identify the charts and look at the top where you will find a ticker designation or symbol which is a short alphabetic identifier of a company.
  2. Choose a time window:
  3. Note the summary key:
  4. Track the prices:
  5. Note the volume traded:
  6. Look at the moving averages:

What is Bank Nifty & Nifty option trading setup course in English?

Bank Nifty & Nifty Option Trading Setup Course In English is designed for all traders. This course is beautifully designed and has the value to understand in the correct way how bank nifty market moves and how option premiums moves. This course is for all levels.

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What is the best way to make money from NIFTY?

There is only one way to make money whether it is Bank Nifty, Nifty, Any other stock, Apples, Mangoes, Bananas, Gold, Silver or any other thing that is bought and sold. Sell at a price higher than you bought for. Whether you buy first or sell later or sell first buy later ( short selling ), the above rule applies.

What is the range of nifty for open interest (Oi)?

The Highest Open Interest on PUT side is considered to be the Support. For Example: In the above Image (Highest OI in CALL side is at 9200 and Highest OI in PUT side is at 9000). This indicates that range for NIFTY is 200 points.