Day Trading Stocks & Futures

LivetoTrade

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

Zerodha Nest trader getting trade confirmations almost after 6-7 min......

ST
This was their tweet earlier today.

There was delayed feeds for around 15 to 20 mins as both our primary and secondary lines .for feeds connecting the exchange were down, but all orders were going through.

this is a risk that is there trading online anywhere in the world, the +ive was that since we have DR, it was up imdtly
 
re: Day trading Nifty & Banknifty Futures

I trade on Support and Resistance.

ST
ST,


Currently I trade based on support n resistance, if the daily trend is positive, I enter the trade at the support level and if market moves in my direction I trail my stop loss based on 5 mins tf support level.

At any point of the day, if 5 mins bar closes below support level, I exit. I do not reverse to short. But if market resumes uptrend again after a day or two I feel hesitant to enter again fearing it will hit resistant n fall again.

But am much more comfortable in short position, I do not even give second thought to re enter if market breaks the support again. Bcoz I feel I can make a quick profits in shorts, market when moves up it goes in Stairs but when goes down it comes down in elevator.

how do you decide ur exit levels?. After all, exit point much more important than entry. Could you pls provide ur inputs on exit level?
 

RAAMAKANT

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

Few reasons for sudden fall in the market from sources:

4 rumors going

1. MMS resignation to happen
2. Selling from RKD group
3. HOS: Mkt is down due to US treasury rate hitting 3.1%.
Dow is expected to fall tonight.
4. Cong to support if third frnt an option in lok sabha election.... Apparently the reason behind sudden sell off


Oh Gosh...! Dow is DOWN.
 
re: Day trading Nifty & Banknifty Futures

few reasons for sudden fall in the market from sources:

4 rumors going

1. Mms resignation to happen
2. Selling from rkd group
3. Hos: Mkt is down due to us treasury rate hitting 3.1%.
Dow is expected to fall tonight.
4. Cong to support if third frnt an option in lok sabha election.... Apparently the reason behind sudden sell off


oh gosh...! Dow is down.
................................... ...
.
 

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