Monday, November 3, 2008

Nifty Intra Charting Link

I came across this automatically refreshing Nifty Intra charting with various information which are quite useful during intraday trading. I have put it permanently in the blog at the top as "Nifty Intraday charting".

Before you begin to use it, study the Nifty internals and go in with a plan and use this wonderful intra charting.

My plan was..Nifty already overbought will become highly overbought due to a gap up for the RBI actions and hence would give a sell and so I bought a PUT. and covered the same for a small profit. As the daily trend is up & the hourly has not given any firm sell, I bought a call around 2.00 PM and booked out of it by 3.10 PM. and the intra charts did help a lot.(Though I have my own intracharts..but constructing it continuously is quite tedious but this one is a fully baked cake with icing & all).

Nothing in the world can give you a foolproof system. But this one is quite useful. Put to test for a while & then follow it.

2 comments:

Yoda said...

Just tried it out for a few hours today - it was terrific. Faster than VFM and with a lot of market indicators.

Thanks, much obliged!:)

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