That camshaft sounds similar to the Crower Monarch camshaft that’s being used in the 312 dyno mule other than the duration at 0.050” being slightly less in the Nielson camshaft. You didn’t mention what distributor you are running but assuming it’s a ’57 and up distributor, then the ignition timing should be set with the vacuum advance unhooked from the distributor. Total timing will be ideal in the 38° range while the initial timing could be as high as 14-18° depending upon the rpm the engine idles at. The higher the engine rpm, then the higher the initial timing will be assuming again that an older Load-O-Matic distributor is not being used.