Day Trading Futures

[TradeOptions]

Just posting my take.
May bounce from 300 levels.20EMA providing support.

Thanks Amit for the chart and the perspective. This 20EMA support adds as one more factor for not creating a short trade in this at the current time.

Thanks and regards

 

[TradeOptions]

Intraday Update of Nifty Options -

Nifty Option VALUES

Nifty Option % CHANGE

7300 Call is up 50 % with 10 % OI build up and
7300 Put is down 35 % with 30 % OI build up.

 

[LivetoTrade]

ST, any thoughts on such low premium in NF, that too on 2nd day of new series?

 

[Smart_trade]

ST, any thoughts on such low premium in NF, that too on 2nd day of new series?

Indicates that most of the players expecting a correction/sideways moves in June as the budget is in July.

Market is in the habit of proving the majority wrong...let us see what it does this time.

Smart_trade

 

[TradeOptions]

ST, any thoughts on such low premium in NF, that too on 2nd day of new series?

Good observation LivetoTrade :thumb:

The premium was just around 17 for most of the previous session, but came crashing down in the later part of the trading session. Today it has been mostly around 7 points, other then the brief period of sudden spike around 11.15 am when NF blasted through 7300 on big volume.

And as SM mentioned, majority might proven out to be wrong this time as well. Although what kind of decision RBI takes tomorrow might be a big trigger in the short term. So let us see what he does this time.

Thanks and regards

 

[TradeJoker]

looks like closing near 7400 ?

 

[timepass]

looks like closing near 7400 ?

Already there is a huge VWAP gap.. let's see what such a day brings. Vix is higher though.

 

[a1b1trader]

And
BNF that used to be at a premium of 70-90 is at a discount in comparison of BN

 

[a1b1trader]

Shorters ke band bajne ka time aa gya hai kya

BNF 15300/20

NF around 7400

 

[pratapvb]

gann sq of 9 view of s/r today - bnf

brown 90deg blue 45deg