Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

Today's earnings : F&O minus 1156, margin available Rs. 17012/-

-1

Code:
Date		Opening	Profit/loss	Closing
13-Jan		18168	-1156		17012
10-Jan		17524	644		18168
09-Jan		17101	423		17524
08-Jan		16752	349		17101
07-Jan		16593	159		16752
06-Jan		17189	-596		16593
03-Jan		17583	-394		17189
02-Jan		23046	-5463		17583
01-Jan		22808	238		23046
 

arcus

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

I have seen days in which SGX was quoting 50-60 points down but Nifty opened flat. The Market goes down when it wants to go down, not when SGX wants it to go down.

Nobody can control the big beast called the market. Not even a central bank like the RBI. A few months back RBI tried to control the rupee depreciation but failed miserably. We can also remember the England Central Bank trying to control the Pound depreciation back in the 1992 but failed miserably.

We have seen World War 1 when 10's of millions of people died but the Dow Jones actually doubled during that period.

No one knows why the market does what it does.
 

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