Day Trading Futures

[TradeJoker]

so is Infy.. in argaiV mode

Nifty in viagra mode while bnf in Tiwari mode

 

[timepass]

So what will happen ST, is there a chance of gap up?

NF and BNF were expected to go up in the end which they did...I had posted a post on this VWAP...will see if I can locate it and will post again for you.

ST

This post and some others in the same thread.

 

[a1b1trader]

A good day with

TATASTEEL
IFCI
RELCAPITAL

wowwwwwwww !!!!!!!!!!!

 

[Smart_trade]

This post and some others in the same thread.

Thanks TP for your help....

ST

 

[LivetoTrade]

SEBI charges hiked across the board
http://www.sebi.gov.in/cms/sebi_data/attachdocs/1400841851911.pdf

 

[OMSAI]

I was long in SBI....it is running like there is no tomorrow.....booked 50 % rest will be on Monday.....on swearing in of "Ab ki Baar Modi Sarkaar"

These counters can give 5-10 % move at every quarter at the quarterly results....so this time's work is over...thank you SBI....see you next time...

Smart_trade

Correct bro...............I always wait for events day............and I applied my method on such day.......but today I miss the ride as already killed an Elephant...my stomach was full of foods.....so could not take over load....:lol:

 

[nirav_j]

Pratap bhai, please make space in your inbox. Can't send PM..

 

[pratapvb]

Pratap bhai, please make space in your inbox. Can't send PM..

cleared inbox

 

[umesh12]

NF and BNF were expected to go up in the end which they did...I had posted a post on this VWAP...will see if I can locate it and will post again for you.

ST

This post and some others in the same thread.

Hi

Many thanks for the posts
I went through the link posted by TP bro

I shall be thankful if TP bro OR ST da will please explain this VWAP gap strategy again with recent examples, (for both VWAP gap up and VWAP gap down), for the people like me, who understands such technical things with some difficulty.

Thanks

 

[Smart_trade]

Hi

Many thanks for the posts
I went through the link posted by TP bro

I shall be thankful if TP bro OR ST da will please explain this VWAP gap strategy again with recent examples, (for both VWAP gap up and VWAP gap down), for the people like me, who understands such technical things with some difficulty.

Thanks

The post and few subsequent posts is clear to explain the concept. I am posting Bank Nifty Fut chart of 23-5-2014 to illustrate the concept.

After 2:40 the difference between VWAP and the price kept increasing above 100 and that showed that the bears are squeezed and the fear is setting in and they will run to cover their short positions. These areas are marked in red oval.

This is a play based on the trader psychology and when the end of session is approaching and the difference between VWAP and price exceeds 35 in Nf and 80-100 in BNF that means that lots of trades have taken place at lower prices and all those traders who sold at lower prices are feeling the heat and they will soon become desparate and run amock to cover their loosing positions which will fuel the upmove. So in such cases we should hold our long positions till the end as the end will see steep upmove and we can sell in this extreme fear ( for the bears).

This play is based on fear and urgency to cover so it is for last 45 min to 1 hour only....not throughout the day.

Smart_trade