Free Nifty Future Live Technical Chart For Technical Trader

By Author: Arthur Jackson
Total Articles: 18
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Nifty 50 is the Blue chip index of NSE. It comprises top 50 companies having large market capitalization from different sectors like Banking, FMCG, Consumer durable, IT, Auto, Capital Goods, Infra and power sector etc. So if Nifty moves, stock also moves in the same direction of Nifty. So trader should know Nifty Trend first using technical chart.

There is a misconception among people or stock market trader that market is a game of gamble due to lack of knowledge. Trader should know that Nifty or stock always move in a technical path. Using technical chart you can predict the trend. Also a lot of things a trader should know before entering market. People don’t research but listen to the rumors and trapped. Only one percentage in market is technical trader and they are successful.

How to study Live Technical chart?

You must know when Nifty moves up most stock move up and in down, stock follows the Nifty trend. So first always try to know Nifty trend for today. Without this it is very difficult to take a trading position in buy/sell side in any stock and options. So first learn to find trend using ...
... technical chart in our Nifty Future Live Chart page. Trader can use a different type of indicators to study but better use “Bollinger Bands”, moving Average, MACD and Stochastic as these give more clarity in direction.

In the above Nifty live chart figure first section is called candlestick pattern chart. In this part price moves in a closed boundary which is called as lower and upper Bollinger boundary. Watch price always move within that boundary and when price touches any lower or upper boundary price changes trend. To watch and test in live please use free Nifty Future Live Chart to practice. Add MACD, Moving averages, Stochastic and Bollinger band to the chart to find Nifty trend.

1st section
Moving average– Here watch short-term moving average (Blue color) and long-term (red color) which is used to find trend. Watch in chart when short-term moving average cross long-term moving average line in upward direction (Called Birth point) inside Bollinger bands then market move up and in reverse (called Death point)market move down. In this cross over time market move rapidly. So it gives the trend.

2nd Section
MACD- Moving average convergence and divergence. Watch in chart it moves in a sinusoidal wave way. Here you can find the buying and selling volume bar, so you can know what people are actually doing and trend. Also watch the crossover between slow and fast-moving average gives direction.

3rd Section
Stochastic- It shows the overbought and oversold zone of Nifty. Watch when Stochastic is below 30, it is called oversold zone and if it moves further down then at any time buyer can take control and stock may move up. So this shows the entry zone in case of buying for any stock or Nifty.

When Stochastic is above 70 and still moving up then this is called over bought zone and any time seller may take control and profit booking may take place. So this is exit zone in case of buying. Use these 3 sections and use in live chart to study better. Use 5 min, 15 min and hourly and daily chart interval to understand better. Do virtual or paper trade to practice.

Trader can use 5min, 15 min intervals to know the trend for short term. However 60min interval or hourly interval will give more clarity about Nifty Trend for any day. This is for traders holding their trading position anywhere ranging from 1-7 hours and Daily interval will give more clarity about the carry forwarding positions to next day.

Mr. Arthur Jackson, Technical Analyst and Founder of Nifty Trend providing trading advisory services in Nifty Future Live Chart, Equity, Derivatives and Commodity market. He also made a guest appearance in various workshops which were conducted on stock market awareness.