If you want to earn 200-300/day its a good idea to start. You must start with small quantities target 5 to 20 qts. Take maximum trade that you can per day. My advise is dont sit in a single trade the whole day if your job is trading.
Nifty: To my knowledge major countries sharemarkets have hit high's but nifty didn't do it in the last few months I believe it will hit all time high this month.
I am only a technical scalp trader so i will not concentrate more on news releases.