Day Trading Futures

[rajesh_]

Rightly said da...one who follows chart nothing know why it breaking down /up ...only we see after market ohh thats the problem to break

I agree abt charts. But one should find out root cause of fall and Be prepared for future events.

We should learn from mistakes and never repeat them.

In last 3 ups and down, one thing for sure... Above +50 or - 50 blindly follow market direction. Close all opposite positions .

 

[nirav_j]

The DIIs still in buy mode..

 

[nirav_j]

Sgx Dec contract has a volume of 14 and ohlc of 8650.

Kaun hai ??!

 

[RAAMAKANT]

FII'S TODAY SOLD NET HUGE 1185 CR IN CASH WHILE DII'S BOUGHT NET 325 CR IN CASH
FII'S in F&O sold net 316 cr in index futures bought net 1446 cr in index options which
included heavy short covering in 8200, 8100 and 8000 nifty puts and sold net 440 cr in stocks futures.

SO today was the day when fii's sold heavy 1185 cr in cash which we have not seen such cash selling from them in
last many days, in fact Highest in past 2 expiry. In F&O also fii's sold in index futures and covered shorts of index puts
clearly means panic short covering from them 2 days ahead of f&o expiry which indicates they expect lower levels this expiry.

As fii's support to market from last 3 days was missing and even then market was trying to maintain the levels but today with heavy selling from fii's in cash and heavy short covering of puts shorts clearly indicates that market is heading for more lower levels this expiry and once market will break 7970 NF more pressure will come on bulls to cover 8000 puts heavy shorts which will give more pressure on market.

 

[sudoku1]

Sgx Dec contract has a volume of 14 and ohlc of 8650.

Kaun hai ??!

Krantiveer :-D

 

[sudoku1]

I agree abt charts. But one should find out root cause of fall and Be prepared for future events.

main focus of an intraday trader shud b solely on charts n nothing.. else he wil try 2 justify his losses blaming some negativ event wch in turn wil deprive him of his abilitiy 2 master d requird skills.

 

[TradeJoker]

Krantiveer :-D

may b he is frm Krandivali

 

[TradeJoker]

dow dead cat

 

[cloudTrader]

main focus of an intraday trader shud b solely on charts n nothing.. else he wil try 2 justify his losses blaming some negativ event wch in turn wil deprive him of his abilitiy 2 master d requird skills.

This is true because a trader then wastes most of the time filtering NEWS headlines and losing the focus from the Reality which the chart is showing clearly. Events should be kept on surveillance but they should not cloud the analysis.

 

[HEM]

From the opening and the first hour itself upside was looking weak. If one still had taken long, should hv gotten out with small loss or predefined SL. People get crushed on such day in contra trade only when they hold on to their loosing position... praying to God, Allah and Bhagwaan.

Well... market is an atheist.. doesn't listen to anyone :D

no no Manish, market definitely listen to anyone....... who listen to market closely and when anyone listen to market closely then market definitely gives him handsome and proper reward............



HEM