Day Trading Futures

[RAAMAKANT]

“Successful trading depends on the 3M`s – Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger – deciding when to buy and sell. Money refers to how you manage your trading capital.” – Alexander Elder

 

[nirav_j]

encouraging start ... :thumb:

-138 in BN Spot !


bulls saw 8032+ in pre mkt already ... dont want to see it ever, atleast till august expiry ..

 

[RAAMAKANT]

encouraging start ... :thumb:

-138 in BN Spot !


bulls saw 8032+ in pre mkt already ... dont want to see it ever, atleast till august expiry ..

But don't forget 7870-65, Chances of bounce back if hold.....:thumb:

 

[findvikas]

Who has guts to buy JINDAL ? Took 10 lots of Sept 240CE @ 14.. trading already at a loss of 10k... lol

sound stupid? maybe but i have a target of 300+ on the spot

 

[timepass]

Who has guts to buy JINDAL ? Took 10 lots of Sept 240CE @ 14.. trading already at a loss of 10k... lol

sound stupid? maybe but i have a target of 300+ on the spot

Maybe stupid, maybe stupendous, who knows... my reading is that BNF has more or less bottomed out for the day, maybe another 30-40 pts downside, but then goodly upside for the day.

 

[DIVYEDIX]

luk @ d volm bar..evaporating since May 16 election results while mkts marking highr ticks

yes, a few days back even I was discussing this with my friends, markets going up against volume, none has any explanations

 

[findvikas]

Ok - there is a reason why I took this... as long as 230 in spot is safe guarded on a weekly basis.. I am going to hold it. Yesterday's fall completed the 5th leg down of a +WW... target is above 300+

CMP = 16... 20k profit...

 

[timepass]

Ok - there is a reason why I took this... as long as 230 in spot is safe guarded on a weekly basis.. I am going to hold it. Yesterday's fall completed the 5th leg down of a +WW... target is above 300+

CMP = 16... 20k profit...

Doesn't seem to be much volume action on points 3 & 5. Best of luck :thumb:

 

[findvikas]

point 3 has relatively high volume compared to 5... but mind it 5 is only 1 day volume while 3 has full week's volume. Hope fully by friday when expiry dust settles and 1st sept is date with SC... it should bounce back...

find it stupid to wake up after 20 years and say what S-h-i-t we did was wrong.. come on even US allow illegal immigrants to go legal if govt. cannot catch him for 14 years. You cannot just crash the Indian economy like that... Coal is core of India or any economy

 

[prabhsingh]

Vikas,

You can hedge your position by buying Hindalco PE for 160 Strike price.
Thoughts Welcome.