Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

We have seen World War 1 when 10's of millions of people died but the Dow Jones actually doubled during that period.
Dow Jones doubled from 1914-1917. But America wasn't part of the war until 1917. From 1917 onwards to end of the war in 1918, Dow Jones actually halved!
 

Gandhar.

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

well every1 knows the dow closed -1% europe is going to open in red
will our market give easy bucks by just shorting it when its known that it "should" go down coz of above reasons?
will nifty close heavily red ??
 

augubhai

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

well every1 knows the dow closed -1% europe is going to open in red
will our market give easy bucks by just shorting it when its known that it "should" go down coz of above reasons?
will nifty close heavily red ??
Here's what I am thinking. New Puts are now being written with vigor at 6300, but they are still 1/3 of Calls added at 6300. The build-up on both sides is slow, but if it continues, the key is to watch the Calls side. If there is a sudden spike in OI of 6300 Calls, then NF will likely have a BOF of HOD, for the quick move down to 6250. Anyway, don't expect 6300 to be broken with the current build-up.
 

Gandhar.

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

Here's what I am thinking. New Puts are now being written with vigor at 6300, but they are still 1/3 of Calls added at 6300. The build-up on both sides is slow, but if it continues, the key is to watch the Calls side. If there is a sudden spike in OI of 6300 Calls, then NF will likely have a BOF of HOD, for the quick move down to 6250. Anyway, don't expect 6300 to be broken with the current build-up.
may it can give death by boring around the current levels :lol:
 

pratapvb

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

Today's initial bias: down. Puts unwinding at 6300
for me bnf +ve bias

NF neutral to +ve
 

Similar threads