Day Trading Stocks & Futures

[pratapvb]

re: Day trading Nifty & Banknifty Futures

in bnf that 11480.5 level (brown dotted line) is not clearing to the upside even after multiple attempts

 

[pratapvb]

re: Day trading Nifty & Banknifty Futures

Thanks Pratap. Thats what i was making of it. So if spot doesnt breach out of 6300 then we could go short.

that is trying to catch the top.....I won't unless the other levels which I mentioned for me which indicate that up bias is under doubt is broken

 

[Riskyman]

re: Day trading Nifty & Banknifty Futures

in bnf that 11480.5 level (brown dotted line) is not clearing to the upside even after multiple attempts

I would be a buyer in Bank Nifty it trades above 11500. Seeing OI cap at 12k and floor at 11k. 2nd highest calls written at 11500.

 

[Riskyman]

re: Day trading Nifty & Banknifty Futures

that is trying to catch the top.....I won't unless the other levels which I mentioned for me which indicate that up bias is under doubt is broken

What levels would you watch to short the nifty then?

 

[pratapvb]

re: Day trading Nifty & Banknifty Futures

What levels would you watch to short the nifty then?

the SD levels I mentioned earlier

currently their values are for NF futures

+1SD2day 6306

-1SDday 6307

and next lower support is at 30-13 low at 6287 (so if shorting I will review my short position there)

 

[anup]

re: Day trading Nifty & Banknifty Futures

Kejriwal set to form govt, He is taking support from congress..Not long ago he bashed Congress and said they are corrupt...They should have opted for reelction..

As the thread was very silent today,I have provided a spark for the discussion..Bring it on

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Kejriwal set to form govt, He is taking support from congress..Not long ago he bashed Congress and said they are corrupt...They should have opted for reelction..

As the thread was very silent today,I have provided a spark for the discussion..Bring it on

Kejriwal was happy to sit in opposition. But now people of Delhi are saying we elected you so give us good Govt. Going for re-election people will think that their madate is not respected.

I am sure both Congess and BJP will not let this Gove function...but within these constraints if Kejriwal can solve a few problems of Delhi, it will be good example.

Smart_trade

 

[Riskyman]

re: Day trading Nifty & Banknifty Futures

the SD levels I mentioned earlier

currently their values are for NF futures

+1SD2day 6306

-1SDday 6307

and next lower support is at 30-13 low at 6287 (so if shorting I will review my short position there)

Sorry to bother you but could you explain what SD is? also what is +1SD2day 6306 and -1SDday 6307. Nifty now at 6286.

 

[pratapvb]

re: Day trading Nifty & Banknifty Futures

Sorry to bother you but could you explain what SD is? also what is +1SD2day 6306 and -1SDday 6307. Nifty now at 6286.

One these are dec futures figures not spot

this is a slightly advanced concept and you will find all details in my thread where it is explained in detail....this is the method I follow

NF futures bounced from 6305

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

Kejriwal was happy to sit in opposition. But now people of Delhi are saying we elected you so give us good Govt. Going for re-election people will think that their madate is not respected.

I am sure both Congess and BJP will not let this Gove function...but within these constraints if Kejriwal can solve a few problems of Delhi, it will be good example.

Smart_trade

100% true, i think con/BJP will join hands to destroy AAP coming days. :annoyed: