@jasiks start with paper trading, if you start getting fair results than initiate with 1-2 lots of index gradually scaling up to your comfort and risk management.
Stop loss Thumb rule for Nifty is of 20 points and 40 for bank nifty
revendra-ByYmUV1wo replied to Shikha Pancholy's post
Firstly make sure the reason why you want to get into trading. Because query itself tells that your homework is incomplete in the sense of clarity and nature of respective business format. ( Day / swing / short term / long term investing )
Trading is a difficult business don't p...
revendra-ByYmUV1wo replied to Virendra Jain's post
If looking for intraday / swing than very small area is left for bullish target till it touches 500 which shall act as a resistance but if it crosses 500 with volumes further than we can get another 50 points.
For long term it is not advisable as it is making lower lows in weekl...
If you plan to invest which we presume to be a long term plan So, based upon the weekly time frame charts it seems to have started taking support near 2300 Hence start accumulating the shares till 2100 which is near its 200 day EMA.