Nifty calls are also called as nifty tips which are used for trading in nifty index. These are divided in to two categories and they can be for nifty futures and nifty options. Recommendation for nifty future trading are termed as nifty future tips and nifty options tips for nifty options trading. Only in India as per a survey, there are almost 5000 financial consultancies which include websites, analysts, media etc to provide recommendations, specially on nifty. As we have discussed in our previous articles, traders are investors are required to take care and check certain features before subscribing to any website .
There are thousands of websites which offer services in various categories like commodities, forex, investment and intraday services. Monthly charges range from Rs.500 to Rs.50,000 or above out of which many are getting their business done with out technical values. To avoid such problems, its always better to experience the trial before joining in their premium membership. Following are some of the points traders need to take in to consideration before subscribing to nifty calls.
How old is the advisory firm in the field of financial market?
How many analysts do they have to generate the calls or tips?
What is the designation of the analyst who provide nifty calls?
How many client do the company have for their service?
Is the firm operation by a single person or group of people?
Check Forums and blogs:
Check various forums about the feed back of particular firm giving the nifty calls.
Clarify all your doubts with them before joining.
Ask whether any of your friends previously taken the service at them.
Check the website thoroughly:
Check the past records of the nifty calls in their website.
Check the correctness by taking trial for some days.
Do paper trading before commencing the real trade.
Posted on: 2016-09-14 16:41:37 Updated on: 2016-09-14 16:41:37