Nifty Futures and Bank Nifty Futures Positional Trading Strategy
Trend Changer is a positional strategy for trading in Nifty Futures, Bank Nifty Futures and Stock Futures.Trend
Changer Level as its name indicates is a pivotal number which reflects
the balance of power within Nifty and Bank Nifty Futures. Its a number
where Bulls and Bears are Neutralized.Once either of them are able to go
beyond the Trend Changer number decisively, big gains are made as seen
in 04 Sep when Nifty Trend Changer level was 5430 and Nifty has been rallying hard closed at 5706 and as we write SGX is trading at 5769, gain of 340 points in 3 trading days.
But there are many occasions, a keen tussle develops at such a point to wrest back the control as was evident on 04th sept. When Bank Nifty Trend Changer level was 8982 and on 05 Sep it open at 9225 loss of 244 Points.
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But there are many occasions, a keen tussle develops at such a point to wrest back the control as was evident on 04th sept. When Bank Nifty Trend Changer level was 8982 and on 05 Sep it open at 9225 loss of 244 Points.
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