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How does Intraday Forecast chart look like?

Below is the example of our Nifty intraday forecast chart of 5 minutes interval. The below chart is predicted using Market Time Factor. Sometimes, there is a possibility of inversion of the predicted trend in real-time. Hence it cannot be used as a stand-alone trading solution. The price is not part of the chart since the market movement in real-time is based on TIME. Price follows Time.

Below is the comparison with the Real-Time Chart after the closure of the market hours.

 

Is it possible to predict market in a long run say 5 years?

Yes. It can be predicted for any time frame.

Do you suggest any Technical Indicator to use along with your prediction chart?

All indicators are lagging indicators and no indicator works all the time. There is no holy grail in trading systems or methods. As a trader, one must test the available indicators suitable to risk appetite and choose accordingly. We have no recommendations on the indicators.

Do you suggest any Technical Analysis software?

If you have your trading account, your broker will give free technical analysis software with many in built indicators.

Which stockbroker is the best to open trading and demat account?

We are not partnered with any stockbroker. This is the best suggestion we can provide based on our experience.

As traders, minimizing brokerage costs is essential. With a brokerage fee of ₹20 per trade, plus GST and other charges, we need to cover 2.1 points to break even, with profits exceeding this point. However, using a zero-brokerage platform reduces total costs to just 0.2 points, saving 1.9 points per trade. For a Nifty options trade involving 2,400 units (100 lots), this translates to a savings of ₹2,560 on charges alone, thanks to the zero-brokerage structure. 

However, given my experience with various discount brokers, as a trader placing 50 trades per day (both buy and sell), with a brokerage of ₹20 per trade, the annual cost adds up to ₹2,40,000 plus 18% GST, totaling ₹2,83,200. This is the amount I can save annually by choosing Mirae Asset for my trading.

Open your account with Mirae Asset today and enjoy a zero-brokerage plan.

Click below link to open the account:

https://ekyc.miraeassetcm.com/Register-with-us?ref=REF1577699%26refsrc=2