Day Trading Stocks & Futures

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

my intraday trend s/r view

BNF

 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

my intraday trend and s/r view

NF

 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

will it breakdown ph-urther
charts will say which way tomorrow...just follow what chart is saying :D
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

shuruat to meri bhi theek thi yesterday :(
>5500 loss today, including all expenses.. but I am cool. No high blood pressure, no low blood pressure... no blood left.

I am cool, thanda ho gaya :(
dont be dissappointed TP , kabhi ho jata hai and dont try to cover losses in a single trade , slowly slowly cover ho jayega :thumb:
I knew big losses kamar tod deti hain , like my loss on election result day , I tried to cover that loss on rbi policy day and ended up giving more money than original loss in frustation :mad:
 

Tlahuicole

Well-Known Member
re: Day trading Nifty & Banknifty Futures

don't know about wise...but below is my experience

usually in morning if there is a bias in one direction and the BO/BD of a key level is not happening then around 2pm usually people decide to give up resulting in a huge move in opposite direction

today longs were not able to take out that day's high for long time...and then BOOM at 2pm
Hmmm I did not know this before, a good thing to know atleast by this time.

Pratapbhai, a similar thing like today happened sep 16th also, since I trade in BNF only I remember that time, what you said suits there too, BOF around a key resistance area as per hourly chart.

If I had known this I would have entered with twice the no: of initial lots :D

Anyway a lesson is a lesson whenever it comes ;)

PFB sep 16 bnf chart :D,

 

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