Day Trading Futures

[nirav_j]

http://www.theunrealtimes.com/2014/...ed-rahul-called-up-sonia-gandhi-this-morning/

 

[TradeJoker]

http://www.theunrealtimes.com/2014/...ed-rahul-called-up-sonia-gandhi-this-morning/

 

[nirav_j]

some fiddling with the 5 point tool .. breach of todays low would invalidate the pattern ..

 

[sudoku1]

Hai???? Ki gal karde ho guru????

First, Nf futures closed at a premium not the index.

Second, I don't know if some index major is going ex dividend tomorrow but if there is then the futures trade at a discount (or at least lower than they would otherwise) to the underlying and not a premium. This is because the underlying goes down by the amount of dividend and futures remain where they are on the ex dividend date.

i m refering abt oct NF

 

[RAAMAKANT]

AT THE END OF THE DAY.....

FII'S TODAY SOLD NET 793 CR IN CASH WHILE DII'S SOLD 15 CR IN CASH.
FII'S IN F&O Sold net 164 cr in index futures, Sold net 977 cr in index options and Sold net 559 cr in stocks futures.

SO today was second day in row of heavy selling in cash from fii's they even sold in index futures.
some buying in index options was seen but that was of next series as tomorrow is last day of this f&o settlement so
FII's have started making positions in next series where they bought hedge of 7900 and 8000 puts and 8100 & 8200 calls .

Today Coal case verdict came against the coal blocks allocations and NF slump to lows of 7959 in panic fall but
as court allowed the companies to work till 31 st march with penalty so that there is no scarcity of coal in country
which was seen as some relief and all effected market recovered from lows and NF closed at 8015 with loss of 15 points in day.

Tomorrow being last day of f&o expiry it will be expiry related moves but as FII's are regularly selling in cash which means
any big recovery coming due to any factor will be short lived and pressure will remain on market till they continue there selling.....

 

[simplebuthard]

AT THE END OF THE DAY.....

FII'S TODAY SOLD NET 793 CR IN CASH WHILE DII'S SOLD 15 CR IN CASH.
FII'S IN F&O Sold net 164 cr in index futures, Sold net 977 cr in index options and Sold net 559 cr in stocks futures.

SO today was second day in row of heavy selling in cash from fii's they even sold in index futures.
some buying in index options was seen but that was of next series as tomorrow is last day of this f&o settlement so
FII's have started making positions in next series where they bought hedge of 7900 and 8000 puts and 8100 & 8200 calls .

Today Coal case verdict came against the coal blocks allocations and NF slump to lows of 7959 in panic fall but
as court allowed the companies to work till 31 st march with penalty so that there is no scarcity of coal in country
which was seen as some relief and all effected market recovered from lows and NF closed at 8015 with loss of 15 points in day.

Tomorrow being last day of f&o expiry it will be expiry related moves but as FII's are regularly selling in cash which means
any big recovery coming due to any factor will be short lived and pressure will remain on market till they continue there selling.....

Raamakant, Your daily data & analysis are helpful. :clapping:

 

[timepass]

Anyone looking at Bank of India (spot) ??

There seems to be a head and shoulders, and 100ema touch. If it comes to pass, then it means a 20-25 pts downfall.

And there was a 6Rs. sell off in the last 15 min.

So, Bank of India nearly completed its H&S target today itself. Did anyone trade it ? I didn't

Considering that the BB are nearly flat, I would guess a period of consolidation including a dead cat bounce/some residual downside / expiry related unexpected move and then maybe a candle of the other color piercing the lower BB for further upside. In case of a dead cat bounce, I won't be surprised at an attempt at 280-285 levels (sma 20). Let's see.

 

[nirav_j]

IF SPX manages to close above 2000 level today, we could have some crazy fireworks tomorrow ..

last time US closed abv 2000, on 17th sept, we had that massive bull bar on the daily on the 18th on nifty ...

SGX for the moment is in concert with the ups and downs on SPX .. from a low of 8003 to a high of 8042.5 and LTP 8040 ..

 

[copypasteaee]

So, Bank of India nearly completed its H&S target today itself. Did anyone trade it ? I didn't

Considering that the BB are nearly flat, I would guess a period of consolidation including a dead cat bounce/some residual downside / expiry related unexpected move and then maybe a candle of the other color piercing the lower BB for further upside. In case of a dead cat bounce, I won't be surprised at an attempt at 280-285 levels (sma 20). Let's see.

i think it was not H&S (looking at the charts you posted). As far as i remember in book by Edward Magee the authors quoted that the H&S is generally preceded with a rally. In this case there was a consolidation/ sideways period going on and we had a break down from that sideways.

These are my two cents as i am a small time trader, you may be knowing more than me.

 

[sudoku1]

@TP
d compressing BB in BOI shows dat its d calm before d storm curently on.