Day Trading Stocks & Futures

[LivetoTrade]

re: Day trading Nifty & Banknifty Futures

Paraskevidekatriaphobia !

Friday the 13th : Page 1313

 

[TracerBullet]

re: Day trading Nifty & Banknifty Futures

It sure gives an indication as to where Nifty opens for the day, and they get close to even during the trading hours.

Quite a few occasions it has taken retail, who assume it to be reliable, for a jolly ride too

thanks , So SGX traders take a brave call guessing nifty/stocks open prices

Edit: lol what a word
http://www.urbandictionary.com/define.php?term=Paraskevidekatriaphobia

 

[LivetoTrade]

re: Day trading Nifty & Banknifty Futures

thanks , So SGX traders take a brave call guessing nifty/stocks open prices

Edit: lol what a word
http://www.urbandictionary.com/define.php?term=Paraskevidekatriaphobia

These are the same rates which are scrolled on the TV channels too - so, a lot of them who watch CNBC/ET/etc for their morning 'Tips' will be updated with the SGX numbers

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

does automated signals using various candle indicators (harami heheheh) in trade tiger provides a good entry point

 

[stock72]

re: Day trading Nifty & Banknifty Futures

.......................................................................................................
Time again have proved me lucky, so sufficient hints r given , to short at top, or atleast NOT to buy, ................now i am covered short. My personal view nifty as approached a stable zone.
oilman5

So this down to 6168 is a bear trap now ?

 

[LivetoTrade]

re: Day trading Nifty & Banknifty Futures

.......................................................................................................
Time again have proved me lucky, so sufficient hints r given , to short at top, or atleast NOT to buy, ................now i am covered short. My personal view nifty as approached a stable zone.
oilman5

Did you also buy here yet

 

[amit44]

re: Day trading Nifty & Banknifty Futures

So this down to 6168 is a bear trap now ?

Bull trap or Bear Trap. Traders are not trapped as we exit before trappers plan to trap starts

We just jump out immediately before the trap net is throuwn on us if there is some indication

:rofl::lol::clapping::clap:

 

[Jai Mata Di]

re: Day trading Nifty & Banknifty Futures

......

But no issues, if you want to say that it was not a bull trap and all traders were savvy and everyone was expecting the uptrend to end on election announcement and the down trend to start then that will mean that we will have lot many less loosing traders than what they are in the markets....and that is a welcome so it does not matter whether we call it by any other name.

.....

Smart_trade

I agree with your view, except above lines. I never said that.

I was only said,

"There was no Bull Trap this time as it was according to the expectations of most of traders. "

I said above bcoz, this time my many novice friends also made big money (in their own) with this down move 'mon day - fri day' after poll result as they anticipated a trending move after such big event. So, just shared my view, nothing else.

Best Wishes.
Happy Trading.
Cheers.

 

[amnesia]

re: Day trading Nifty & Banknifty Futures

Paraskevidekatriaphobia !

Friday the 13th : Page 1313

triskaidekaphobia too

 

[Vertigo_1985]

re: Day trading Nifty & Banknifty Futures

So this down to 6168 is a bear trap now ?

this is what i see in nifty spot-
longs made 3 failed attempt from 6170 zone after 1300 hr and each time supply came from around 6185 zone closing finally below 6170 @ 6168 so for me bears have the control as of now.
Going forward highest probability is continuation of down and test of another demand zone 6150, if it breaks then 6120, 6170 are the next demand zones.
2nd scenario is that it goes into sideways between 6150 and 6190.
3rd is that it sustains above 6190 in which case i will expect fridays shorts below 6190 to act as support for any down move and test of 6230.
There are major news events coming so we will have to change our views accordingly.