Day Trading Stocks & Futures

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

one sharp contrast between Nov Series and Dec in this thread ..

in Nov TODA and LODU and some times TODHLA predicted NIFTY will go here , there and got realized their mistake and keeping quit and simply waiting for nifty to move to take trade..

but in Dec many are here in prediction game .. too dangerous ...:
may be in january very less people will be here ...

dont forget Las Vegas system of Raj, its also extremely bullish, his second chance , my last chance with THOTHLA need above 6300 but market is not moving up,

 

[timepass]

re: Day trading Nifty & Banknifty Futures

is this divergence right??

Yes, it is. But again, what you see are possibly 2 bullets i.e. a divergence formed out of 2 points. It could make a 3rd bullet i.e. make a newer low for the price and a higher pivot for the oscillator.

Generally, for divergences, a 3 bullet divergence is more reliable, specially when trading smaller timeframes.

Anyway, here is an awesome post on divergences.

Dear Tharu,

For you...

 

[Einstein]

re: Day trading Nifty & Banknifty Futures

By the way taking of divergence, there is divergence in techm EOD thinking about buying put tomorrow, can anyone confirm??

 

[timepass]

re: Day trading Nifty & Banknifty Futures

TP

Take the move 6030 to 6228 spot. Today's low was 0.382 ret at 6152.
0.50 at 6129; 0.618 at 6106

If price goes back-up then it will be a very strong statement. The double top will surely be broken and new all time highs will be reached.

On the otherhand, if the downmove continues it will surely find support at these levels.

Thanks. Here are the charts for both spot and futures.

 

[Amar_Candlestick]

re: Day trading Nifty & Banknifty Futures

GE TP Ji

Last Swing Correct Retrestment ?

 

[Pradeep Narayan]

re: Day trading Nifty & Banknifty Futures

Just looking at the candles... there seems to be more room for downside. The spot candle has moved outside the green candle body (day before yesterday's).

 

[timepass]

re: Day trading Nifty & Banknifty Futures

GE TP Ji

Last Swing Correct Retrestment ?

I don't know much about fibo retracement etc, boss. I just pasted the chart in response to jamit_05's post. Maybe he can enlighten us further about it.

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

I have no overnight positions :lol:

if this tuk tuk continues tomorrow also, better to save capital and trade from monday
got a kick in a$$$ today in options time to think

actually NF not giving points this week, so tried my hand in other scrips and ended up buying puts at the bottom + VIX drop made my head spin, got that downmove in NF with 45 points but still only half losa covered , if BNF wud have paticipated in that downmove then full losa wud have covered with 2 lots 11000 pe , but BNF refused to go below 11200 :annoyed:
Moral of the story : stick to indexes & sbi , idhar udhar munh marne ki jarurat na hai

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

but in Dec many are here in prediction game .. too dangerous ...:
may be in january very less people will be here ...

this is bad wish , we all will be here :annoyed:

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

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