Tips and Strategy for Bank Nifty Option
Bank Nifty is an index of the 12 highest cap and most liquid stocks from the banking sector. Over the years, many traders who have focused on the trading of bank nifty options have devised a plethora of bank option trading strategies and the market is now littered with Bank nifty tips and tutorials on how to trade in Bank Nifty. This article will provide a breakdown of 2 Bank nifty option trading strategies as well as provide a number of bank nifty tips and bank nifty option tips that can potentially help you understand how to trade in Bank Nifty and take better trades in the future.
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Trading the bank nifty with Bank Nifty options strategies (Part 3) This article will provide a breakdown of 2 Bank nifty option trading strategies as well as provide a number of bank nifty tips and bank nifty option tips that can potentially help you understand how to trade in Bank Nifty and take better trades in the future.
A couple of bank nifty option trading strategies, with a number of bank nifty tips and bank nifty option tips that can potentially help you understand how to trade in Bank Nifty and take better trades in the future.
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Being able to effectively trade in Bank Nifty is a prerequisite for any independent trader if they have aspirations of making a living from trading full time. After all, while Bank NIFTY is an index comprised of Banking companies, the importance of this index and how it trades can be easily seen as a microcosm for the overall economy of India. In this article we will cover 2 simple bank nifty option trading strategies and provide you with some crucial bank nifty tips that will help you plan your trades better.
You must either pick a point wherein the first two candles are either both bullish or both bearish. If your first two candles are bullish, you must place the buy order at the high of the second candle. Once this is triggered, the stop loss order must be set at the low of that same candle. There is still more to learn about this strategy, keep taking notes and following along with me.
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The stop loss order must be set at the low of that same candle. Alternatively, if the two candles are bearish, you do the exact opposite and place your buy order at the low of the candle, with the stop loss order.
I also use this strategy for online trading, where I trade my own money. I find that it works best when the 5 Minute Candle Chart is combined with a 1 Hour Candle Chart. The reason for this is that the longer the candle chart, then higher will be the probability of your stop loss orders being triggered. An example of a good period to use this strategy would be during lunch time in Europe when the European stock market is closed.
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One of the most profitable trading strategies can be suitable for intraday trading. This is one of the most efficient methods which has a greater hit ratio on Nifty and Bank Nifty, as we are mainly dealing with nifty and bank nifty in this strategy.
We have developed the most powerful bank nifty prediction algorithm. We can tell you if it is going up or down based on the close price of the previous 5 minute candle.
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